$399,999
Original price: $449,000
- Studio
- 5 Baths
- 5,008 sqft
516 Steuben Rd, Herkimer, NY 13350
Est. Mortgage $2,952/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1930
$80/sqft
Open Parking
Local Information
-- mins to
About this House
Sprawling five-unit investment property located in a beautiful, well-established neighborhood. This fully renovated and well-maintained building has undergone numerous upgrades and improvements throughout, and is 100% occupied-offering immediate and reliable income. The property features ample off-street parking and strong rental appeal, making it an ideal opportunity for seasoned investors or those looking to enter the market. Live in one unit while generating income from the others, or maximize returns with this turnkey asset. Excellent net revenue potential with room for continued growth. Please allow 24 to 48 hours for showings, contact agent to schedule showings and for financial information regarding this property
Last check for updates: about 12 hours ago
Listing by: AXIS REALTY CNY LLC, (315) 601-8556
Tabatha Trevor, (315) 601-8556
Source: NY State MLS, MLS#11690577
Home Details for 516 Steuben Rd
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Interior Details Basement: Full |
Beds & Baths Number of Bathrooms: 5Number of Bathrooms (full): 5 |
Dimensions and Layout Living Area: 5008 Square Feet |
Appliances & Utilities Utilities: Naturl Gas Available |
Heating & Cooling Heating: Electric,Natural Gas,Baseboard,Forced AirNo CoolingHas HeatingHeating Fuel: Electric |
Fireplace & Spa No Fireplace |
Gas & Electric Electric: Amps(200) |
Windows, Doors, Floors & Walls Flooring: Laminate, Linoleum |
Levels, Entrance, & Accessibility Stories: 2Floors: Laminate, Linoleum |
View No View |
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Exterior Home Features Roof: AsphaltPatio / Porch: Open Porch |
Parking & Garage No GarageHas Open ParkingParking: Driveway |
Frontage Not on Waterfront |
Water & Sewer Sewer: Municipal |
Farm & Range Frontage Length: 0 |
Finished Area Finished Area (above surface): 5008 Square Feet |
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Days on Market: 151 |
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Year Built Year Built: 1930Year Renovated: 2025 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Post and Beam, Vinyl SidingNot a New Construction |
Property Information Parcel Number: 113.73319 |
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Price List Price: $399,999Price Per Sqft: $80 |
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MLS Status: Active |
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Direction & Address City: Herkimer |
School Information Elementary School District: HerkimerJr High / Middle School District: HerkimerHigh School District: Herkimer |
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Listing Agent Listing ID: 11690577 |
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Building Area Building Area: 5008 Square Feet |
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Not Senior Community |
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No HOAHOA Fee: No HOA Fee |
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Lot Area: 5008 sqft |
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Listing Agreement Type: Exclusive |
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BasementMls Number: 11690577Above Grade Unfinished Area: 5008 |
Around this home
What Locals Say about Herkimer
At least 26 Trulia users voted on each feature.
92 % Say it's dog friendly
86 % Say it's walkable to grocery stores
84 % Say parking is easy
83 % Say there's holiday spirit
81 % Say there are sidewalks
81 % Say yards are well-kept
79 % Say it's walkable to restaurants
70 % Say car is needed
69 % Say streets are well-lit
63 % Say kids play outside
57 % Say people would walk alone at night
55 % Say neighbors are friendly
53 % Say there's wildlife
48 % Say it's quiet
30 % Say they plan to stay for at least 5 years
23 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Herkimer
Last updated August 2026
Avg. sale price
—
Sale-to-List Price
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Price per sq ft
—
Available listings
37
8MoM
Home Value
Trulia Estimate
$387KSince last month
Increased$14K (+3.7%)Since last year
Decreased$43K (-9.9%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value decreased by -10% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $387K |
| August 2026 | $373K |
| May 2026 | $421K |
| April 2026 | $430K |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.44 | Multi-Family Home | $180,000 | 07/01/26 | 4 | 2 | 2,062 | |
0.91 | Multi-Family Home | $100,000 | 01/13/26 | 6 | 2 | 6,504 | |
0.88 | Multi-Family Home | $130,000 | 06/10/26 | 4 | 2 | 1,944 | |
1.95 | Multi-Family Home | $190,000 | 09/11/26 | 6 | 4 | 6,024 | |
1.82 | Multi-Family Home | $118,000 | 03/26/26 | 4 | 2 | 1,832 | |
2.77 | Multi-Family Home | $45,000 | 10/15/25 | 8 | 4 | 4,784 | |
2.12 | Multi-Family Home | $130,000 | 09/06/26 | 5 | 2 | 1,925 | |
2.51 | Multi-Family Home | $133,000 | 12/29/25 | 6 | 2 | 2,792 | |
2.71 | Multi-Family Home | $75,000 | 03/16/26 | 2 | 2 | 1,530 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | $159,500 | 2 | 1.5 | 1,115 | Recently Sold | |
0.02 | $222,500 | 4 | 1.5 | 1,288 | Recently Sold | |
0.08 | $205,000 | 4 | 1.5 | 1,892 | For Sale | |
0.09 | $128,100 | 3 | 1.5 | 1,188 | Off Market | |
0.10 | $139,000 | 4 | 1 | 1,530 | For Sale | |
0.05 | $170,200 | 4 | 1.5 | 1,296 | Off Market | |
0.10 | $97,200 | 3 | 1 | 1,350 | Off Market | |
0.07 | $188,300 | 3 | 2 | 1,520 | Off Market | |
0.11 | $156,200 | 4 | 2 | 1,736 | Off Market | |
0.08 | $174,100 | 3 | 1.5 | 1,795 | Off Market | |
0.07 | $109,900 | 4 | 1.5 | 1,633 | Recently Sold |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 24, 2026 Source: NY State MLS #11690577 | PriceChange | $399,999 Price decreased by 11% |
Apr 29, 2026 Source: NY State MLS #11690577 | PriceChange | $449,000 Price decreased by 8% |
Apr 22, 2026 Source: NY State MLS #11690577 | Listed For Sale | $489,000 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Tabatha Trevor, AXIS REALTY CNY LLC, (315) 601-8556
Agent Phone: (315) 601-8556
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Frequently asked questions about 516 Steuben Rd
- What is the estimated monthly payment for 516 Steuben Rd?Based on a $399,999 list price with 20% down at today's rates, the estimated monthly payment for 516 Steuben Rd in Herkimer, NY is approximately $2,993 (about $2,161 principal & interest, $757 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Herkimer?Residents describe Herkimer, NY as dog-friendly, walkable to grocery stores, and easy to park in. See homes for sale in Herkimer, NY.
- What are the closest schools to 516 Steuben Rd?The closest schools to 516 Steuben Rd in Herkimer, NY are Herkimer Elementary School (Pre-K, rated 5/10), Herkimer High School (Middle, rated 5/10).
- What is 516 Steuben Rd estimated to be worth?Trulia's estimated value for 516 Steuben Rd in Herkimer, NY is $387,100.
- Does 516 Steuben Rd have parking?Yes, 516 Steuben Rd in Herkimer, NY has on-site parking.
516 Steuben Rd, Herkimer, NY 13350 is a studio, 5 bathroom, 5,008 sqft multi-family built in 1930. This property is currently available for sale and was listed by NY State MLS on Apr 22, 2026. The MLS # for this home is MLS# 11690577.

