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Two-Family Residential Income Property
For Sale
$129,900

442 18th St, Niagara Falls, NY 14303

Two-unit property with a fenced backyard deck and spacious layout, producing $22,800 annually in rental income.

Property Size2,514 SF
Price / SF$51.96
Days on Market54

Property Features for 442 18th St

General Information

Standard status Active
Size 2,514 SF
Property subtype Multi Family

Financials

Cap Rate 12%
Business Included Yes

Additional Details

Fenced Yard Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,422

Building Details

Building Size 2,514 SF
Year Built 1930
Stories 2
Units 2
Listing Agency: Howard Hanna WNY Inc.
Listed By: Alexis Erway · License #10301212761
Source: Elliman
Added: Jun 24 Changed: Aug 11 Last Checked: Aug 16 at 6:19AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Howard Hanna WNY Inc.

Investment Insights

Based on property information with market context.

This two-family residential income property offers a combined living area of over 2,500 square feet, configured with 8 bedrooms and 2 full bathrooms between the two units. The home includes outdoor space with a fully fenced backyard and a deck, providing a private area for residents.

The property is located at 442 18th St in Niagara Falls, NY 14303. WalkScore is listed as 60 (somewhat walkable) and bikeScore is 49 (somewhat bikeable), with a transitScore of 30 (some transit), which may be useful context for tenant lifestyle and commuting preferences.

For investors and owner-occupants seeking a straightforward two-unit setup, the current reported rental income is $22,800 annually. The bedroom count and overall size can support a range of household needs across the two units, while the fenced backyard and deck add a tangible amenity that can help differentiate the property during tenant selection.

Key Highlights

  • Two‑family property (year built 1930) generating $22,800 annually in rental income
  • Over 2,500 SF total living space with 8 bedrooms and 2 full bathrooms across both units
  • Fully fenced backyard with a deck for outdoor tenant use

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Skin Care Clinic Garden Center (Bike/Boat/Book/etc) Store Locksmith Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Turnkey business
Opportunity
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

1,090
Businesses Nearby

Demographics for 14303, NY

5,958
Population
3,505
Households
1.7
Avg Household Size
38
Median Age
16%
College-Educated
82%
High-School Grad
2.7 sq mi
ZIP Area
2,207
Density / Sq Mi
$45,519
Median Household Income
$34,623
Median Earnings
$845
Median Rent
$78,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with a fenced backyard deck and spacious layout, producing $22,800 annually in rental income.
Where is this duplex located?
The property is located at 442 18th St Niagara Falls, NY.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: Two‑family property (year built 1930) generating $22,800 annually in rental income; Over 2,500 SF total living space with 8 bedrooms and 2 full bathrooms across both units; Fully fenced backyard with a deck for outdoor tenant use
More about this property
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