Two-Building Multifamily with
For Sale
$159,900
401 56th Street, Niagara Falls, NY 14304
MULTI_FAMILY - Other - Niagara Falls, NY
Property Size2,796 SF
Lot Size0.07 Acres
Price / SF$57.19
Days on Market82
Property Features for 401 56th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 5, Bathroom 1, Bathroom 3, Bedroom 2, Bedroom 8, Bathroom 2, Bedroom 7, Bedroom 4, Bedroom 3, Basement, Bedroom 1, Bedroom 6
Patio and Porch features
Porch
Appliances
GasWaterHeater
Subdivision
Town/Niagara
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
Corner of Frontier Ave.
Standard status
Active
APN
291100-160-056-0002-010-000
Size
2,796 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
2682
Utilities
Heating system
Forced Air, Natural Gas
Water source
Public
Building Details
Year built
1920
Floors in Building
2
Number of units
3
Flooring type
Varies, Vinyl
Building materials
CompositeSiding, VinylSiding, CopperPlumbing
Roof type
Asphalt, Flat
Architectural style
Other
Listing Agency:
Hooper Realty
(716) 285-0477
Listed By:
Michael J Hooper · License #37HO0444450
(716) 285-0477
Added: Jun 11
Changed: Aug 2
Last Checked: Aug 31 at 9:06AM
MLS# B1690295
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.
Investment Insights
Based on property information with market context.
This two-building property is set up as a small residential portfolio on one lot. The second building at 409 56th Street is a single-family house with 3 bedrooms and 1 bathroom. The corner building is a two-story 2-family layout, with one unit offering 2 bedrooms and 1 bathroom on the lower level and a second unit offering 3 bedrooms and 1 bathroom on the upper level. A new blacktop parking area sits between the two buildings, and all units have separate utilities. All units are currently vacant, making scheduling showings straightforward.
The property is located at 401 56th Street in Niagara Falls, New York 14304, with a configuration that accommodates both a single-family residence and a duplex within the same lot.
For buyers or operators, the mix of a single-family home plus a duplex can support flexible occupancy planning. Separate utilities can also simplify ongoing expense management between units, and the vacant status may allow for quicker transition to new tenants or personal use.
The property is located at 401 56th Street in Niagara Falls, New York 14304, with a configuration that accommodates both a single-family residence and a duplex within the same lot.
For buyers or operators, the mix of a single-family home plus a duplex can support flexible occupancy planning. Separate utilities can also simplify ongoing expense management between units, and the vacant status may allow for quicker transition to new tenants or personal use.
Key Highlights
- Two buildings on one lot, with 409‑56th St listed as a single‑family home (3 bedrooms, 1 bath)
- Corner building is a 2‑story 2‑family layout with 2 bedrooms/1 bath on the lower level and 3 bedrooms/1 bath on the upper level
- New blacktop parking area between both buildings
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
103
Businesses Nearby
Explore this area
Business Placement
Demographics for 14304, NY
28,923
Population
13,705
Households
2.1
Avg Household Size
45
Median Age
25%
College-Educated
92%
High-School Grad
21.5 sq mi
ZIP Area
1,345
Density / Sq Mi
$64,756
Median Household Income
$42,613
Median Earnings
$901
Median Rent
$151,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Single family property - Two-building income property with separate utilities and new blacktop parking; all units are vacant for easy showings.
Where is this single family property located?
The property is located at 401 56th Street Niagara Falls, NY.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: Two buildings on one lot, with 409‑56th St listed as a single‑family home (3 bedrooms, 1 bath); Corner building is a 2‑story 2‑family layout with 2 bedrooms/1 bath on the lower level and 3 bedrooms/1 bath on the upper level; New blacktop parking area between both buildings
