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Five-Unit Apartment Building
For Sale
$320,000

2658 Main St, Niagara Falls, NY 14305

Well-maintained five-unit building with all utilities separately metered near Niagara University and an Amtrak train station.

Property Size4,103 SF
Days on Market25

Property Features for 2658 Main St

General Information

Standard status Active
Size 4,103 SF
Property subtype Investment

Units

Unit Mix 5 x 1BR
Multifamily Units 5

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $2,437

Building Details

Building Size 4,103 SF
Year Built 1920
Stories 3
Units 5
Listing Agency: Red Door Real Estate WNY LLC
Listed By: Awais Rehman · License #10301223794
Source: Elliman
Added: Jul 29 Changed: Aug 16 Last Checked: Aug 21 at 7:49AM

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 Red Door Real Estate WNY LLC

Investment Insights

Based on property information with market context.

Well-maintained five-unit apartment building built in 1920. The property includes five 1-bedroom units: two on the first floor, two on the second floor, and one on the third floor. The rear first-floor unit is noted for added privacy, and one unit is described as offering outside views from the kitchen. All utilities are separately metered, supporting independent tenant utility billing.

The building is located close to Niagara University, shopping, restaurants, and other amenities, and it is conveniently situated one block from the Amtrak train station.

With a simple 1-bedroom unit mix spread across three levels, the property may be well suited for tenants seeking an easy commute to campus and nearby services.

Key Highlights

  • Five 1‑bedroom units: two on the first floor, two on the second floor, one on the third floor
  • All utilities are separately metered
  • Built in 1920

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Hair Salon Restaurant

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

265
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?
Apartment building - Well-maintained five-unit building with all utilities separately metered near Niagara University and an Amtrak train station.
Where is this apartment building located?
The property is located at 2658 Main St Niagara Falls, NY.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Five 1‑bedroom units: two on the first floor, two on the second floor, one on the third floor; All utilities are separately metered; Built in 1920
More about this property
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