$199,999
$20K PRICE DROP

Estimated payment $1,327/month

Total Views 15,845
4 Beds
3 Baths
9,149 Sq Ft
$22 Price per Sq Ft

About This Home

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.

Listing Agent

Annamarie Bennett

Listing by ERA Team VP Real Estate Brokerage Phone: 716-397-4382 License #10301224164 Listed on: 11/15/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,842

Year Built

  • Built in 1890

Lot Details

  • 10,800 Sq Ft Lot
  • Irregular Lot
  • 066200-240-012-0003-021-000

Parking

  • 6 Car Garage
  • Gravel Driveway

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 9,149 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Baseboard Heating
  • Electric Water Heater

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 066200-240-012-0003-022-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,842

Year Built

Built in 1890

Lot Details

10,800 Sq Ft Lot

Parking

6

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Water
  • Year Built: 1890
  • Attribution Contact: 716-397-4382
  • Lot Features: Irregular Lot
  • Directions: Go to the center of Ripley. The commercial building is on the corner of Main Street and South State Street. The house is behind it on South State St.
  • Architectural Style: Duplex
  • Flooring: Luxury Vinyl
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Basement: Partial
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Stories: 2
  • Stories: 2

Exterior Features

  • Waterfront: No
  • Construction Type: Aluminum Siding, Frame, Vinyl Siding
  • Foundation Details: Stone

Garage/Parking

  • Garage Spaces: 6.0
  • Parking Features: Gravel, Two or More Spaces, Unpaved

Utilities

  • Heating: Electric, Baseboard
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Ripley

Lot Info

  • Parcel Number: 066200-240-012-0003-022-000
  • Lot Size Sq Ft: 10800.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 066200-240-012-0003-021-000
  • Zoning Description: Commercial

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 2842.0
  • Tax Lot: 22

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/21/2026 05/21/26 For Sale $199,999 0.0% $22 / Sq Ft
05/15/2026 05/15/26 Off Market $199,999 -- --
02/25/2026 02/25/26 Price Changed $199,999 -9.1% $22 / Sq Ft
11/15/2025 11/15/25 For Sale $220,000 -- $24 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1651018

Chautauqua-Cattaraugus Board of REALTORS®

APN: 066200-240-012-0003-022-000

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