Two-Unit Duplex with Enclosed
New
For Sale
$200,000
2841 Macklem Avenue, Niagara Falls, NY 14305
Residential, Niagara Falls, NY
Property Size2,042 SF
Lot Size0.15 Acres
Price / SF$97.94
Days on Market6
Property Features for 2841 Macklem Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 5, Bedroom 4, Basement, Bedroom 2, Bedroom 1, Bathroom 2, Bathroom 1
Patio and Porch features
Porch
Interior features
CeilingFans
Exterior features
EnclosedPorch, Fence, Porch
Fencing
Fenced
Appliances
GasWaterHeater
Subdivision
Mile Reserve
Lot features
Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Elementary school district
Niagara Falls
Middle school district
Niagara Falls
High school district
Niagara Falls
Directions
Route 104, turn on Macklem Avenue. GPS is BEST!!
Standard status
Active
APN
291100-144-022-0001-024-000
Size
2,042 SF
Lot size
0.15 Acres
Additional Details
Individually Metered Utilities
unspecified utilities
Taxes and HOA fees
Tax Annual Amount
3065
Utilities
Heating system
Forced Air, Natural Gas
Water source
Public
Amenities
sunroom
appliances included
hardwood flooring
private off-street parking
Building Details
Year built
1935
Floors in Building
2
Number of units
2
Flooring type
Laminate, Carpet, Hardwood, Varies
Building materials
CompositeSiding
Roof type
Asphalt
Architectural style
Other
Buildings
1
Listing Agency:
Berkshire Hathaway Homeservices Zambito Realtors
(585) 798-9898
Listed By:
Cynthia Petkus-Barna · License #10401322957
(585) 590-0042
Added: Oct 31
Changed: Nov 5
Last Checked: Nov 5 at 1:06PM
MLS# B1721477
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 2,042-square-foot duplex, built in 1935, contains upper and lower apartments. The upper unit has an enclosed sunroom and included appliances; the lower unit features hardwood flooring. Separate utilities serve the two residences, and off-street parking is available. The property also has a fenced yard and porch, with forced-air, natural-gas heating.
The 0.1529-acre parcel is located one block from the NYS Park and Niagara Scenic Parkway.
The 0.1529-acre parcel is located one block from the NYS Park and Niagara Scenic Parkway.
Key Highlights
- 2,042‑square‑foot duplex on a 0.1529‑acre lot
- Upper apartment includes an enclosed sunroom and appliances
- Lower apartment has hardwood flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,934
Cap Rate
8.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$358,680
$358.7K
Cap Rate 7%
$256,200
$256.2K
Cap Rate 9%
$199,267
$199.3K
Market Conditions
NOI Build-Up for 2,042 SF
Gross rent
$27.4K $13.44/SF
− Vacancy
−$1.8K −$0.89/SF
EGI
$25.6K $12.55/SF
− OpEx
−$7.7K −$3.76/SF
NOI
$17.9K $8.78/SF
Area
Niagara County, NY
Vacancy
6.65%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$358,680
Cap Rate 7%
$256,200
Cap Rate 9%
$199,267
Alternative Uses
Best Use
Multifamily LT 5
$256.2K
$224.2K – $298.9K
NOI $17,934 @ 7.0% cap · market cap 8.97%
Second Best
Apartment 5plus
$227.4K
$199.0K – $265.3K
NOI $15,918 @ 7.0% cap · market cap 7.96%
Theoretical Best
Warehouse
$1.74M
$1.52M – $2.02M
NOI $121,456 @ 7.0% cap · market cap 60.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
187
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate utilities serve the apartments, with off-street parking and a fenced yard.
Where is this duplex located?
The property is located at 2841 Macklem Avenue Niagara Falls, NY.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: 2,042‑square‑foot duplex on a 0.1529‑acre lot; Upper apartment includes an enclosed sunroom and appliances; Lower apartment has hardwood flooring
