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Updated Three-Unit Triplex
New
For Sale
$158,000

515 29th St, Niagara Falls, NY 14301

Three-unit layout with unit-specific improvements and flexible month-to-month leasing.

Property Size2,098 SF
Days on Market4

Property Features for 515 29th St

General Information

Standard status Active
Size 2,098 SF
Property subtype Multi Family

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $3,499

Building Details

Building Size 2,098 SF
Year Built 1928
Stories 3
Units 3
Listing Agency:
Listed By: Kathleen Holler
Source: Elliman
Added: Aug 8 Changed: Aug 9 Last Checked: Aug 10 at 8:00AM

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 Kathleen Holler

Investment Insights

Based on property information with market context.

Built in 1928, this triplex contains three residential units with a mix of current occupancy, available space, and recent unit-level improvements. The first-floor apartment is occupied by a long-term resident, while the second-floor unit is available for a new tenant. The third unit has also received recent work. Lease terms are month to month, providing flexibility for future management decisions.

Improvements include replacement windows and a new entry door for the second unit in 2025, along with flooring replacement and toilet work in the third unit in 2023. The property is located at 515 29th St in Niagara Falls, with a Walk Score of 66, a Bike Score of 54, and a Transit Score of 29.

Key Highlights

  • Three‑unit multifamily property built in 1928
  • First‑floor unit occupied by a long‑term tenant
  • Second‑floor unit available for a new tenant

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Skin Care Clinic HVAC Service Electrical Service (Bike/Boat/Book/etc) Store

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

497
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

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?
Triplex - Three-unit layout with unit-specific improvements and flexible month-to-month leasing.
Where is this triplex located?
The property is located at 515 29th St Niagara Falls, NY.
What is the asking price?
The asking price for this property is $158,000.
What are key features of this property?
This property features: Three‑unit multifamily property built in 1928; First‑floor unit occupied by a long‑term tenant; Second‑floor unit available for a new tenant
More about this property
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