Brick Triplex with Detached
For Sale
Contact for pricing
614 17th Street, Niagara Falls, NY 14301
Residential, Niagara Falls, NY
Property Size2,616 SF
Lot Size0.09 Acres
Price / SF$5.70
Days on Market52
Property Features for 614 17th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 6, Basement, Bathroom 1, Bedroom 3, Bathroom 3
Patio and Porch features
Porch
Appliances
GasWaterHeater
Subdivision
Part
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
Pine Ave to 17th St
Standard status
Active
APN
291100-159-024-0001-029-001
Size
2,616 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
1380
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
Hardwood, Varies
Building materials
Brick
Roof type
Asphalt
Architectural style
Other
Listing Agency:
WNY Metro Roberts Realty
(716) 875-2211
Listed By:
Emmanuel Williams · License #10301217766
(716) 430-2091
Added: Sep 7
Changed: Oct 28
Last Checked: Oct 28 at 9:06AM
MLS# B1712187
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.
Built in 1920, this 2,616-square-foot brick triplex contains three residential units, with each unit configured with 3 bedrooms and 1 full bathroom. The property includes a full basement, hardwood and varied flooring, a porch, asphalt roofing, and a detached 2-car garage. Heating is provided by forced air using natural gas, and the property has public water service.
The building is located at 614 17th Street in Niagara Falls, NY, on a 0.0909-acre parcel. Fire damage is present, and the property requires a full rehabilitation. It is being conveyed strictly as-is, with entry subject to a signed Hold Harmless Agreement for all buyers and agents.
The building is located at 614 17th Street in Niagara Falls, NY, on a 0.0909-acre parcel. Fire damage is present, and the property requires a full rehabilitation. It is being conveyed strictly as-is, with entry subject to a signed Hold Harmless Agreement for all buyers and agents.
Key Highlights
- Three residential units, each with 3 bedrooms and 1 full bathroom
- 2,616 square feet on a 0.0909‑acre parcel
- Fire‑damaged property requiring a full rehabilitation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,392
Suggested Prices Based on Cap Rates
Cap Rate 5%
$407,840
$407.8K
Cap Rate 7%
$291,314
$291.3K
Cap Rate 9%
$226,578
$226.6K
Market Conditions
NOI Build-Up for 2,616 SF
Gross rent
$39.9K $15.24/SF
− Vacancy
−$2.8K −$1.07/SF
EGI
$37.1K $14.17/SF
− OpEx
−$16.7K −$6.38/SF
NOI
$20.4K $7.80/SF
Area
Niagara County, NY
Vacancy
7.00%
Lease Rate
$15.24 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$407,840
Cap Rate 7%
$291,314
Cap Rate 9%
$226,578
Alternative Uses
Best Use
Multifamily LT 5
$328.2K
$287.2K – $382.9K
NOI $22,975 @ 7.0% cap · market cap 154.19%
Second Best
Apartment 5plus
$291.3K
$254.9K – $339.9K
NOI $20,392 @ 7.0% cap · market cap 136.86%
Theoretical Best
Warehouse
$2.22M
$1.94M – $2.59M
NOI $155,596 @ 7.0% cap · market cap 1,044.27%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,165
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Fire-damaged three-unit property with a full basement and detached garage, offered strictly as-is.
Where is this triplex located?
The property is located at 614 17th Street Niagara Falls, NY.
What are key features of this property?
This property features: Three residential units, each with 3 bedrooms and 1 full bathroom; 2,616 square feet on a 0.0909‑acre parcel; Fire‑damaged property requiring a full rehabilitation
