This is a package deal with 2 W Main St Ripley which is a commercial retail/office building.
Welcome to 5 South State Street, a fully renovated two-family home. Both apartments have been completely updated, including new electrical, plumbing, flooring, and walls. The lower unit features 2 bedrooms, 2 bathrooms, and convenient washer/dryer hookups. The upper unit offers 2 bedrooms and 1 bathroom. Both units are fully rented, providing immediate income-producing potential for investors or owner-occupants. ,
Next door is 2 West Main Street is a fixer-upper packed with potential. Sitting on a corner lot, The main level offers spacious commercial space that previously housed the town’s hardware store for many years. Original built-in drawers and cabinetry remain, adding timeless charm and character to this turn-of-the-century building. The first floor is ideal for retail, office, or mixed-use space, with excellent visibility in a high-traffic village location. The upper level is a blank canvas, ready to be transformed into one or two modern apartments or additional office suites.
This package deal offers a unique opportunity to own both commercial and residential investment properties in the heart of Ripley, NY, just minutes from Lake Erie and the Pennsylvania state line.
Active
$220,000
5 S State St, Ripley, NY 14775
4beds
9,149sqft
Duplex, Multi Family
Built in 1890
-- sqft lot
$-- Zestimate®
$24/sqft
$-- HOA
What's special
Fully renovated two-family homeCorner lot
- 57 days |
- 202 |
- 8 |
Zillow last checked: 8 hours ago
Listing updated: November 15, 2025 at 06:37am
Listing by:
ERA Team VP Real Estate 716-413-0200,
AnnaMarie Bennett 716-397-4382
Source: NYSAMLSs,MLS#: R1651018
Originating MLS: Chautauqua-Cattaraugus
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Electric, Baseboard
Appliances
- Included: Electric Water Heater
Features
- Flooring: Luxury Vinyl
- Basement: Partial
- Has fireplace: No
Interior area
- Total structure area: 9,149
- Total interior livable area: 9,149 sqft
Property
Parking
- Total spaces: 6
- Parking features: Gravel, Two or More Spaces, Unpaved
- Garage spaces: 6
Accessibility
- Accessibility features: Accessible Entrance
Features
- Levels: Two
- Stories: 2
Lot
- Size: 10,800 Square Feet
- Features: Irregular Lot
Details
- Additional parcels included: 0662002400120003021000
- Parcel number: 0662002400120003022000
- Zoning description: Commercial
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex, Multi Family
Materials
- Aluminum Siding, Frame, Vinyl Siding
- Foundation: Stone
- Roof: Asphalt
Condition
- Resale
- Year built: 1890
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Location
- Region: Ripley
Financial & listing details
- Price per square foot: $24/sqft
- Tax assessed value: $49,000
- Annual tax amount: $2,842
- Date on market: 11/15/2025
- Listing terms: Cash,Private Financing Available,Rehab Financing
Estimated market value
Not available
Estimated sales range
Not available
$917/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/15/2025 | Listed for sale | $220,000+113.6%$24/sqft |
Source: | ||
| 9/24/2018 | Sold | $103,000+221.9%$11/sqft |
Source: Public Record Report a problem | ||
| 6/5/2018 | Sold | $32,000+220%$3/sqft |
Source: Public Record Report a problem | ||
| 4/27/2017 | Sold | $10,000-20%$1/sqft |
Source: Public Record Report a problem | ||
| 5/16/2013 | Sold | $12,500-45.4%$1/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $49,000 |
| 2023 | -- | $49,000 +390% |
| 2022 | -- | $10,000 |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 14775
Nearby schools
GreatSchools rating
- 6/10Ripley Central SchoolGrades: PK-6Distance: 0.1 mi
- 7/10North East Middle SchoolGrades: 6-8Distance: 7 mi
- 5/10North East High SchoolGrades: 9-12Distance: 6.7 mi
Schools provided by the listing agent
- District: Ripley
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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