Four-Unit Multifamily
New
For Sale
$59,900
1600 Cleveland Ave, Niagara Falls, NY 14305
Two residential buildings provide a mix of three-bedroom and two-bedroom rental units.
Property Size5,129 SF
Days on Market4
Property Features for 1600 Cleveland Ave
General Information
Standard status
Active
Size
5,129 SF
Property subtype
Multi Family
Units
Unit Mix
2 x 3BR/1BA, 2 x 2BR/1BA
Multifamily Units
4
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$2,019
Building Details
Building Size
5,129 SF
Year Built
1900
Buildings
2
Stories
2
Units
4
Listing Agency:
(716) 288-4871
Listed By:
Ryan M Dallavia
(716) 288-4871
Source:
Elliman
Added: Aug 8
Changed: Aug 9
Last Checked: Aug 10 at 6:38AM
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 Ryan M Dallavia
Investment Insights
Based on property information with market context.
Located at 1600 Cleveland Ave in Niagara Falls, this multifamily property includes two residential buildings with four total rental units. The configuration consists of a side-by-side duplex with two 3-bedroom, 1-bath residences and a separate building containing two 2-bedroom, 1-bath residences. The property was built in 1900 and requires renovation.
The sale process includes a development plan for NORLIC outlining the purchaser’s experience, proposed work scope, estimated project costs, and anticipated completion timeline. A development enforcement mortgage is required, and NORLIC will monitor the project through completion of the approved rehabilitation. Walk Score is 60, Bike Score is 46, and Transit Score is 27.
The sale process includes a development plan for NORLIC outlining the purchaser’s experience, proposed work scope, estimated project costs, and anticipated completion timeline. A development enforcement mortgage is required, and NORLIC will monitor the project through completion of the approved rehabilitation. Walk Score is 60, Bike Score is 46, and Transit Score is 27.
Key Highlights
- Four rental units across two residential buildings
- Unit mix includes two 3‑bedroom, 1‑bath units and two 2‑bedroom, 1‑bath units
- Side‑by‑side duplex plus separate two‑family building
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
411
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Multifamily property - Two residential buildings provide a mix of three-bedroom and two-bedroom rental units.
Where is this multifamily property located?
The property is located at 1600 Cleveland Ave Niagara Falls, NY.
What is the asking price?
The asking price for this property is $59,900.
What are key features of this property?
This property features: Four rental units across two residential buildings; Unit mix includes two 3‑bedroom, 1‑bath units and two 2‑bedroom, 1‑bath units; Side‑by‑side duplex plus separate two‑family building
