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7-Unit Multifamily Property
New
For Sale
$475,000

1703 Pierce Ave, Niagara Falls, NY 14301

Separate apartment meters and a large garage add practical features across the two-building property.

Property Size8,527 SF
Price / SF$55.71
Days on Market4
Rey
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Property Features for 1703 Pierce Ave

General Information

Standard status Active
Size 8,527 SF
Property subtype Residential Income
Occupancy 100%

Additional Details

Gross Income $69,000
Utilities to Site Yes
Multifamily Units 7

Taxes and HOA fees

Annual Taxes $4,883

Building Details

Buildings 2
Listing Agency: Howard Hanna WNY Inc.
Listed By: Emily Cornwell · License #10301217387
Source: Exprealty
Added: Oct 12 Changed: Oct 15 Last Checked: Oct 14 at 9:27PM

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 multifamily property comprises seven apartments in two buildings on one parcel: one structure contains five units, and the other has two. A July 2026 rent roll shows tenants in all seven apartments. Utility systems have been updated, and each unit has its own meter. Interior work includes refreshed paint, cabinetry, and flooring; the property also has a large garage.

The property is near Niagara Falls State Park, Canadian border crossings, downtown attractions, shopping, and employment centers. WalkScore is 54, BikeScore is 49, and TransitScore is 29.

Key Highlights

  • Seven apartments across two buildings, with five units in one building and two in the other
  • One parcel; July 2026 rent roll lists tenants in all seven units
  • Updated utilities and separate meters for each apartment

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Skin Care Clinic Electrical Service Daycare Center (Bike/Boat/Book/etc) Store Parking Lot & Garage Acupuncture

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

7
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

991
Businesses Nearby

Demographics for 14301, NY

12,618
Population
7,285
Households
1.7
Avg Household Size
38
Median Age
18%
College-Educated
85%
High-School Grad
2.1 sq mi
ZIP Area
6,009
Density / Sq Mi
$37,650
Median Household Income
$32,909
Median Earnings
$722
Median Rent
$79,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Separate apartment meters and a large garage add practical features across the two-building property.
Where is this multifamily property located?
The property is located at 1703 Pierce Ave Niagara Falls, NY.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Seven apartments across two buildings, with five units in one building and two in the other; One parcel; July 2026 rent roll lists tenants in all seven units; Updated utilities and separate meters for each apartment
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