516 Steuben Rd, Herkimer, NY 13350
Property image
Property image
FOR SALE

$399,999

Original price: $449,000
  • Studio
  • 5 Baths
  • 5,008 sqft

516 Steuben Rd, Herkimer, NY 13350

Est. Mortgage $2,952/mo*
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Home Highlights

Multi-Family
Built in 1930
$80/sqft
Open Parking

Local Information

  • Map ViewExplore the area around 516 Steuben Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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

Interior Features

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

Exterior Features

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

Days on Market

Days on Market: 151

Property Information

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

Price & Status

Price
List Price: $399,999Price Per Sqft: $80

Active Status

MLS Status: Active

Location

Direction & Address
City: Herkimer
School Information
Elementary School District: HerkimerJr High / Middle School District: HerkimerHigh School District: Herkimer

Agent Information

Listing Agent
Listing ID: 11690577

Building

Building Area
Building Area: 5008 Square Feet

Community

Not Senior Community

HOA

No HOAHOA Fee: No HOA Fee

Lot Information

Lot Area: 5008 sqft

Offer

Listing Agreement Type: Exclusive

Rental Terms, Policies & Fees

Miscellaneous

BasementMls Number: 11690577Above Grade Unfinished Area: 5008

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.
  • Kearley91
    "the type of community herkimer provides is a very nurturing and thriving evenoirment. with access to many things such as a grocery store and local facilities to wash your clothes, borrow a book, and gain a hobby I'm sure anyone would find it a wonderful place to live."
  • Jennifer D.
    "Some areas are rough, especially Main St., but there are some long standing families here. lots of college kids around, sometimes for the better or worse."
  • Kayskaysi
    "Don’t know much about Nieghbor.. The town beautiful but is semi empty, not much people live there and many buildings are empty and abandoned including school buildings.. not much activities "
  • Artlab12creations
    "Quite and safe filled with good people with good hearts , feels like home and I have moved around a lot. There’s a lot of close stores and things to do "
  • Robin L. M.
    "affordable homes. lots of families. somehomes need work..but nice people. close to stores"

Market trends in Herkimer

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
37
8
MoM

Home Value

Trulia Estimate
$387K
Since 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
MonthEstimated 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

DateEventPrice
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

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.