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Niagara Falls Multifamily Investment Property

1533 La Salle Ave, Niagara Falls, NY 14301

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For Sale

$149,900

Renovated duplex in Niagara Falls, ideal for rental income.

Type:Multi Family

Property size:

1,496 SF

Price / SF:

$100/SF

HighLights

High ROI Potential: Projected 15%+ return on investment based on potential rental income.
Dual Income Opportunity: Multi‑family setup allows for rental income from one or both units.
Recently Renovated Units: Updated kitchens and restored full baths with high‑end materials.
Separate Utilities & Laundry: Each unit has separate gas and electricity meters, plus individual laundry hookups.
Short‑Term Rental Potential: Located in an area designated for short‑term rentals.
Low Maintenance: Vinyl flooring throughout both units.

We can help!

Listing Contact

Aaron J Stanley

Learn more

For Sale

$149,900

Renovated duplex in Niagara Falls, ideal for rental income.

Type:Multi Family

Property size:

1,496 SF

Price / SF:

$100/SF

Added:: Apr 27, 2026
Days on Market:: 56
Last Refresh:: Apr 27 at 10:15 am

Property Features for 1533 La Salle Ave

General Information

Standard status: Active
Size: 1,496 SF
Property subtype: Multi Family

Building Details

Year Built: 1925

We can help!

Listing Contact

Aaron J Stanley

Listing agent Aaron J Stanley License #10491201178

Listing office green home revolution LLC

Listing date Apr 27, 2026

Source Elliman

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 green home revolution LLC

HighLights

High ROI Potential: Projected 15%+ return on investment based on potential rental income.
Dual Income Opportunity: Multi‑family setup allows for rental income from one or both units.
Recently Renovated Units: Updated kitchens and restored full baths with high‑end materials.
Separate Utilities & Laundry: Each unit has separate gas and electricity meters, plus individual laundry hookups.
Short‑Term Rental Potential: Located in an area designated for short‑term rentals.
Low Maintenance: Vinyl flooring throughout both units.

Overview

This multi-family home, configured in an upper and lower style, offers a total of 1,496 square feet and is situated within the Niagara Falls City School District. The property features a total of 4 bedrooms and 2 baths. A common access basement includes separate laundry hookups, as well as separate utilities for gas and electricity. Both units have been recently renovated, each comprising 2 bedrooms, 1 full bath, a formal living room, and an eat-in kitchen. The kitchens in both units have been updated with new cabinetry and countertops. The full baths for each unit have been restored with high-end materials. Vinyl flooring is installed throughout for easy maintenance. Each unit features a front porch. Off-street parking is available in the rear of the home, with one spot allocated to each apartment. The property is located in an area identified by the City of Niagara Falls for short-term rentals. Each unit could potentially rent for $1,100 a month.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$20.1k	$13.44
− Vacancy	−$1.3k	−$0.89
EGI	$18.8k	$12.55
− OpEx	−$5.6k	−$3.76
NOI	$13.1k	$8.78

1,496 SF · lease $13.44/SF/yr · vacancy 6.65% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$187.7K

$164.2K – $219.0K (±1% cap)

NOI $13,138 @ 7.0% cap · market cap 8.76%

Second Best

Apartment 5plus

$166.6K

$145.8K – $194.4K (±1% cap)

NOI $11,662 @ 7.0% cap · market cap 7.78%

Theoretical Best

Warehouse

$1.27M

$1.11M – $1.48M (±1% cap)

NOI $88,980 @ 7.0% cap · market cap 59.36%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

Map
Local Demand

City: Niagara Falls
County: Niagara
State: New York
Longitude: -79.0428225
Latitude: 43.0997694

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For sale
Duplexes
NY
Niagara Falls
14301
1533 La Salle Ave

What type of property is this?

Duplex - Renovated duplex in Niagara Falls, ideal for rental income.

Where is this duplex located?

The property is located at 1533 La Salle Ave Niagara Falls, NY.

What is the asking price?

The asking price for this property is $149,900.

What are key features of this property?

This property features: High ROI Potential: Projected 15%+ return on investment based on potential rental income.; Dual Income Opportunity: Multi‑family setup allows for rental income from one or both units.; Recently Renovated Units: Updated kitchens and restored full baths with high‑end materials.