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Short-Term Rental Property
New
For Sale
$130,000

1511 Cleveland Ave, Niagara Falls, NY 14305

Established long-term tenancy with stated potential for future short-term rental use in Niagara Falls.

Property Size2,042 SF
Days on Market3

Property Features for 1511 Cleveland Ave

General Information

Standard status Active
Size 2,042 SF
Property subtype Multi Family

Additional Details

Gross Income $65,940

Taxes and HOA fees

Annual Taxes $1,869

Building Details

Building Size 2,042 SF
Year Built 1900
Stories 2
Units 2
Listing Agency: Howard Hanna WNY Inc.
Listed By: Louis S Rizzo · License #30RI0517290
Source: Elliman
Added: Aug 20 Changed: Aug 21 Last Checked: Aug 21 at 8:47AM

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 Niagara Falls property dates to 1900 and currently has long-term tenants in place, providing an established rental arrangement. The property information also identifies potential for future short-term rental use, allowing an owner to evaluate different operating strategies over time.

Located at 1511 Cleveland Ave in Niagara Falls, New York, the property is positioned within a tourism-oriented market near Niagara Falls State Park and Canada. Walk Score is 65, with some transit available, while Bike Score is 55. The property may also be acquired individually or considered alongside a larger multi-property portfolio described in the listing.

Key Highlights

  • Built in 1900
  • Long‑term tenants currently in place
  • Short‑term rental use identified as a future possibility

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Parking Lot & Garage Garden Center Furniture & Home Goods 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.

Location Intelligence

Trade Area within ½ mile

411
Businesses Nearby

Demographics for 14305, NY

16,427
Population
8,348
Households
2
Avg Household Size
37
Median Age
25%
College-Educated
92%
High-School Grad
7.8 sq mi
ZIP Area
2,106
Density / Sq Mi
$49,588
Median Household Income
$30,314
Median Earnings
$798
Median Rent
$109,200
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?
Short term rental property - Established long-term tenancy with stated potential for future short-term rental use in Niagara Falls.
Where is this short term rental property located?
The property is located at 1511 Cleveland Ave Niagara Falls, NY.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: Built in 1900; Long‑term tenants currently in place; Short‑term rental use identified as a future possibility
More about this property
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