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  • Price cut: $20K (2/25)
    $199,999

    5 S State St, Ripley, NY 14775

    4beds
    9,149sqft
    Duplex, Multi Family
    Built in 1890
    -- sqft lot
    $-- Zestimate®
    $22/sqft
    $-- HOA

    What's special

    Fully renovated two-family homeCorner lot
    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.
    150 days
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    227
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    9
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    Zillow last checked:

    Listing updated:

    Listing by:

    ERA Team VP Real Estate 716-413-0200,

    AnnaMarie Bennett 716-397-4382

    Source: NYSAMLSs,MLS#: R1651018MLS LogoOriginating 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: $22/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

        $1,190/mo

        Price history

        Price history
        DateEventPrice
        2/25/2026Price change$199,999-9.1%$22/sqft
        Source: NYSAMLSs #R1651018 Report a problem
        11/15/2025Listed for sale$220,000+113.6%$24/sqft
        Source: NYSAMLSs #R1651018 Report a problem
        9/24/2018Sold$103,000+221.9%$11/sqft
        Source: Public Record Report a problem
        6/5/2018Sold$32,000+220%$3/sqft
        Source: Public Record Report a problem
        4/27/2017Sold$10,000-20%$1/sqft
        Source: Public Record Report a problem
        5/16/2013Sold$12,500-45.4%$1/sqft
        Source: Public Record Report a problem
        11/25/1998Sold$22,900+382.1%$3/sqft
        Source: Public Record Report a problem
        11/7/1996Sold$4,750$1/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025-- $49,000
        2024-- $49,000
        2023-- $49,000 +390%
        2022-- $10,000
        2021-- $10,000
        2020-- $10,000
        2019-- $10,000 -20%
        2018-- $12,500
        2017$297 $12,500
        2016-- $12,500
        2015-- $12,500
        2014-- $12,500 -39%
        2013-- $20,500
        2012-- $20,500
        2011-- $20,500
        2010-- $20,500
        2009-- $20,500 -22.6%
        2008-- $26,500 -1.5%
        2007-- $26,900
        2006-- $26,900

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 14775

        Nearby schools

        GreatSchools rating
        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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