Exceptional investment opportunity in the heart of Frankfort! This well-maintained two-family home at 307–309 First Ave. offers excellent income potential for investors or the flexibility of owner-occupied living with rental income.
Extensively updated throughout, this property features new vinyl siding (2025), completely renovated kitchens and bathrooms (2020), new exterior doors (2020), updated plumbing and electrical systems, and a complete roof replacement with 25-year architectural shingles (2020). These major improvements provide peace of mind and reduce future maintenance costs, with many additional updates completed throughout the property.
Each unit offers spacious living areas, comfortable bedrooms, and separate entrances for added privacy. Conveniently located near schools, parks, shopping, restaurants, and major roadways, this property combines modern updates with an excellent location. Whether you’re looking to expand your investment portfolio or live in one unit while generating rental income from the other, this move-in-ready duplex is an opportunity you won’t want to miss. Schedule your private showing today!
Extensively updated throughout, this property features new vinyl siding (2025), completely renovated kitchens and bathrooms (2020), new exterior doors (2020), updated plumbing and electrical systems, and a complete roof replacement with 25-year architectural shingles (2020). These major improvements provide peace of mind and reduce future maintenance costs, with many additional updates completed throughout the property.
Each unit offers spacious living areas, comfortable bedrooms, and separate entrances for added privacy. Conveniently located near schools, parks, shopping, restaurants, and major roadways, this property combines modern updates with an excellent location. Whether you’re looking to expand your investment portfolio or live in one unit while generating rental income from the other, this move-in-ready duplex is an opportunity you won’t want to miss. Schedule your private showing today!
Property Details
Price:
$189,900
MLS #:
S1694932
Status:
Pending
Beds:
6
Baths:
2
Type:
Multi Family
Subtype:
MultiFamily
Neighborhood:
frankfortvillage212601
Listed Date:
Jul 1, 2026
Finished Sq Ft:
2,660
Total Sq Ft:
2,660
Lot Size:
6,500 sqft / 0.15 acres (approx)
Year Built:
1910
Units:
2
See this Listing
Schools
School District:
Frankfort-Schuyler
Interior
Appliances
Electric Water Heater
Bathrooms
2 Full Bathrooms
Flooring
Ceramic Tile, Hardwood, Laminate, Varies
Heating
Electric, Baseboard
Interior Features
Ceiling Fans, Storage
Laundry Features
Washer Hookup
Levels
Two
Exterior
Construction Materials
Attic Crawl Hatchways Insulated, Blown In Insulation, Vinyl Siding
Garage Spaces
3
Lot Features
Rectangular, Rectangular Lot
Parking Features
Paved
Roof
Architectural, Shingle
Stories
2
Financial
Taxes
$6,481
Map
Community
- Address307 1st Avenue Frankfort NY
- CityFrankfort
- CountyHerkimer
- Zip Code13340
Subdivisions in Frankfort
Market Summary
Current real estate data for Multi Family in Frankfort as of Jul 14, 2026
6
Multi Family Listed
125
Avg DOM
36
Avg $ / SqFt
$114,950
Avg List Price
Property Summary
- 307 1st Avenue Frankfort NY is a Multi Family for sale in Frankfort, NY, 13340. It is listed for $189,900
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Courtesy of Howard Hanna Cny Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the New York State Alliance of MLSs. Detailed information about real estate listings held by brokerage firms other than Michael Paduano include the name of the listing broker. Neither the listing company nor Michael Paduano shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. New York State Alliance of MLSs. All rights reserved. 307 1st Avenue
Frankfort, NY