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Property at 5 S State Street, Ripley, NY 14775
ACTIVE
$20,001
$199,999

5 S State StreetRipley, NY, 14775

4 Beds3 Baths9,149 SqFt
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.
1 / 42

Est. Monthly

$948/mo

$199,999
$20,001

5 S State Street, Ripley, NY

4 Beds3 Baths9,149 SqFt

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.

StatusActive
Property TypeResidential
Property SubtypeMulti Family
Year Built1890
Days on Market187 days

Est. Monthly Payment

$947.99

%
%
yr

Private Mortgage Insurance

Not required

Affordability Checkoptional
$

Enter your annual income to check affordability

Property Details

Property Information

5 S State Street

Ripley, NY 14775 • Chautauqua
4
Beds
3
Baths
9,149
SqFt
—
Acres
Status
Active
Property Type
Residential
Property Subtype
Multi Family
Year Built
1890136 years ago
Days on Market
187 days
Tax History
Estimated values, may not reflect current amounts.
  • Annual Tax Amount
    $2,842
Property History
  • Price reduced
    Feb 25, 2026 • NYSAMLS • R1651018
    $220,000 → $199,999
  • Listed for sale
    Nov 15, 2025 • NYSAMLS • R1651018
    $220,000
Mortgage Calculator
Estimated monthly payment for this property
$947.99
Down Payment
Interest Rate
Loan Term
%
%
yearsyrs.
Affordability Checkoptional
$

Enter your annual income to see if this home fits your budget

Private Mortgage Insurance

Not required — down payment above 20%
MLS Information
  • Source
    NYSAMLS
  • MLS#
    R1651018
  • Listing Office
    ERA Team VP Real Estate
  • Last Updated
    6 hours ago

Appliances

  • Appliances
    Electric Water Heater

Climate & Systems

  • Heating
    • Electric
    • Baseboard

Interior Features

  • Flooring
    Luxury Vinyl
  • Basement
    Partial

Parking

  • Parking Features
    • Gravel
    • Two Or More Spaces
    • Unpaved
  • Garage Spaces
    6

Lot & Grounds

  • Lot Features
    Irregular Lot

Type

  • Property Type
    Residential
  • Property Subtype
    Multi Family
  • Architectural Style
    Duplex

Structure

  • Construction
    • Aluminum Siding
    • Frame
    • Vinyl Siding
  • Roof
    Asphalt
  • Foundation
    Stone

Condition

  • Year Built
    1890
  • Condition
    Resale
  • Days on Market
    187 days
  • Water
    Connected
  • Sewer
    Connected
  • Utilities
    • Sewer Connected
    • Water Connected

607-282-6242, (607) 282-6242, or +1 607 282 6242

Kevin Lucero

Kevin Lucero

Lic. Real Estate Salesperson

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