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Fully Occupied Triplex
For Sale
$175,000

2230 Grand Avenue, Niagara Falls, NY 14301

Three residential units are currently occupied, supporting an established multifamily rental operation.

Property Size2,348 SF
Days on Market50

Property Features for 2230 Grand Avenue

General Information

Standard status Active
Size 2,348 SF
Property subtype Multi Family
Occupancy 100%

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $3,127

Building Details

Building Size 2,348 SF
Year Built 1915
Listing Agency: Howard Hanna WNY Inc.
Listed By: Molly Hennessy · License #10401394271
Source: Highfallssir
Added: Sep 4 Changed: Oct 14 Last Checked: Oct 23 at 1:37PM

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.

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Investment Insights

Based on property information with market context.

Located at 2230 Grand Ave in Niagara Falls, this multifamily property contains three separate residential units within a building constructed in 1915. All three units are currently occupied, providing an established rental setup for a new owner. Unit 2 includes some updated windows as part of the property’s improvements.

The property offers access to local amenities, shopping, dining, entertainment, and major roadways. Walk Score is 54, Bike Score is 49, and Transit Score is 29, reflecting somewhat walkable, somewhat bikeable, and some-transit conditions. The three-unit configuration supports both portfolio ownership and an owner-occupant approach, as described for the property.

Key Highlights

  • Three separate residential units
  • All three units currently occupied
  • Building constructed in 1915

Property Analytics

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Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

737
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?
Triplex - Three residential units are currently occupied, supporting an established multifamily rental operation.
Where is this triplex located?
The property is located at 2230 Grand Avenue Niagara Falls, NY.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Three separate residential units; All three units currently occupied; Building constructed in 1915
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