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Brick Duplex with Long-Term Tenants
For Sale
$49,900
Pending

557 Tronolone Place, Niagara Falls, NY 14301

Residential, Niagara Falls, NY

Property Size1,856 SF
Lot Size0.09 Acres
Days on Market100

Property Features for 557 Tronolone Place

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1, Basement, Bedroom 5, Bedroom 3, Bedroom 4
Patio and Porch features Porch
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
Standard status Pending
APN 291100-159-024-0005-062-000
Size 1,856 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Annual Amount 1279

Utilities

Heating system Forced Air, Natural Gas
Water source Public

Building Details

Year built 1910
Floors in Building 2
Number of units 2
Flooring type Carpet, Varies, Vinyl
Building materials Brick, CopperPlumbing
Roof type Asphalt
Architectural style Other
Listing Agency: Hooper Realty
Listed By: Michael J Hooper · License #37HO0444450
Added: Jun 4 Changed: Sep 3 Last Checked: Sep 11 at 1:06AM
MLS# B1687828

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 1,856-square-foot brick duplex was built in 1910 and includes two residential units. The property offers five bedrooms, two bathrooms, a basement, porch, asphalt roofing, and a mix of carpet and vinyl flooring. Heating is provided by two gas FHA furnaces, including one newer unit, while two gas hot water tanks serve the building. The property also has two circuit breaker boxes and copper plumbing.

Set on a 0.0939-acre lot in Niagara Falls, the building is connected to public water and includes some glass block basement windows. Long-term tenants are in place, providing an existing occupancy profile for the next owner.

Key Highlights

  • 1,856 SF brick duplex built in 1910
  • Two gas FHA furnaces, including 1 newer unit
  • Two gas hot water tanks and 2 circuit breaker boxes

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Skin Care Clinic HVAC Service Garden Center Electrical Service Locksmith Acupuncture

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,165
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
View Realmo Analytics

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?
Duplex - Two-family residence with gas-fired heating, public water, and basement storage.
Where is this duplex located?
The property is located at 557 Tronolone Place Niagara Falls, NY.
What is the asking price?
The asking price for this property is $49,900.
What are key features of this property?
This property features: 1,856 SF brick duplex built in 1910; Two gas FHA furnaces, including 1 newer unit; Two gas hot water tanks and 2 circuit breaker boxes
More about this property
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