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    Niagara Falls, NY Multifamily Properties for Sale

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    Niagara Falls Multi-Unit Investment
    Updated: May 29
    Niagara Falls Multi-Unit Investment

    639 18th Street, Niagara Falls, NY 14301

    $199,900
    2,304 sqft 0.10 AC lot
    All‑brick 3‑unit property built in 1920 with flat roof
    Approx. 2,300+ sq ft living space with separate apartments: 1‑bedroom, 2‑bedroom, and 3‑bedroom
    Recent improvements include a newer roof and some newer windows
    Separate gas and electric service plus individual heating systems and separate hot water tanks
    Full basement with laundry hookups
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    This listing looks promising.

    Here's a quick look at some key insights for

    639 18th Street, Niagara Falls, NY 14301

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    • Est. Cap Rate

      9%
      Above avg (5.9%)

    • Est. NOI

      $18K
      Annual

    • Price @ 7% Cap

      $257K
      Above asking

    • Property Type

      Triplex
      Built 1920
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    Niagara Falls Mixed-Use Investment
    Updated: Apr 2
    Niagara Falls Mixed-Use Investment

    435 3rd Street, Niagara Falls, NY 14301

    $759,000
    13,991 sqft 0.20 AC lot
    Mixed‑use building built in 1925 with 8 residential apartments and 2 commercial units.
    Fully leased and fully occupied with separate utilities for each unit and on‑site parking.
    Just steps from Niagara Falls State Park and the Rainbow Bridge in a high‑traffic tourist corridor.
    Recent improvements include newer windows and sewer lines; updated apartments with modern kitchens, newer appliances, fresh paint, and new laminate flooring.
    Lower commercial unit includes a bar area, outdoor patio, walk‑in cooler, 2 bathrooms, ice machines, sump pump, and basement storage.
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    Niagara Falls Mixed-Use Investment
    Niagara Falls Mixed-Use Investment

    435 3rd Street, Niagara Falls, NY 14301

    $759,000
    13,991 sqft 0.20 AC lot

    Mixed-use property near Niagara Falls with residential and commercial income.

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    Brick Six-Unit Apartment Building
    Brick Six-Unit Apartment Building

    616 Chestnut Avenue, Niagara Falls, NY 14305

    $350,000
    6,480 sqft 0.14 AC lot

    All-brick, three-story building with six metered units, coin laundry, and parking for tenant convenience.

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    Waterfront Mixed-Use Income Property
    Waterfront Mixed-Use Income Property

    7813 Buffalo Ave, Niagara Falls, NY 14304

    $749,900
    9,400 sqft

    Mixed-use property with apartments, retail space, and boating docks.

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    Two-Family Corner-Lot Home with Garage
    Two-Family Corner-Lot Home with Garage

    2821 Walnut Avenue, Niagara Falls, NY 14301

    $159,900
    1,776 sqft 0.17 AC lot

    Well-maintained two-family with private second-floor entrance, fenced yard, two porches, rear deck, and extensive basement storage.

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    Two-Family Property with River Views
    Two-Family Property with River Views

    2535 River Road, Niagara Falls, NY 14304

    $325,000
    2,244 sqft 0.28 AC lot

    Two units with separate utilities, private driveways, and river views near Gratwick Park.

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    3/3 Duplex with Full Basement
    3/3 Duplex with Full Basement

    1445 Byrd Avenue, Niagara Falls, NY 14303

    $180,000
    2,208 sqft 0.08 AC lot

    Well-maintained double offers hardwood floors, solid mechanics, and off-street parking with a detached garage.

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    Mixed-Use Building with Flexible Uses
    Mixed-Use Building with Flexible Uses

    357 Portage Road, Niagara Falls, NY 14303

    $149,000
    9,986 sqft

    Versatile building at 357 Portage Road suited for short-term rental, professional office, or boutique commercial conversion.

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    Two-Building Multifamily with Parking
    Two-Building Multifamily with Parking

    401 56th Street, Niagara Falls, NY 14304

    $159,900
    2,796 sqft 0.07 AC lot

    Two-building income property with separate utilities and new blacktop parking; all units are vacant for easy showings.

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    Niagara Falls Multifamily Investment
    Niagara Falls Multifamily Investment

    2204 La Salle Avenue, Niagara Falls, NY 14301

    $199,900
    2,340 sqft 0.09 AC lot

    Multifamily property with income potential near amenities.

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    Two-Family Residential Income Property
    Two-Family Residential Income Property

    442 18th St, Niagara Falls, NY 14303

    $149,900
    2,500 sqft

    Two-unit property with a fenced backyard deck and spacious layout, producing $22,800 annually in rental income.

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    Duplex with Front Porch
    Duplex with Front Porch

    2225 Falls Street, Niagara Falls, NY 14303

    $164,000
    1,560 sqft 0.20 AC lot

    Two-unit duplex with remodeled lower unit, basement laundry hookups, and a detached two-car garage.

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    Two-Unit Brick Residential Income Property
    Two-Unit Brick Residential Income Property

    2240 La Salle Avenue, Niagara Falls, NY 14301

    $144,900
    2,650 sqft 0.09 AC lot

    All-brick two-unit property with two kitchens, covered porches, full basement, fenced yard, and a 2.5-car garage.

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    Well-Maintained Five-Unit Apartment Building
    Well-Maintained Five-Unit Apartment Building

    2658 Main Street, Niagara Falls, NY 14305

    $350,000
    4,103 sqft

    Five one-bedroom units with separately metered utilities, offering a straightforward rental setup near Niagara University.

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    Niagara Falls Multifamily Investment Property
    Niagara Falls Multifamily Investment Property

    1158 Ontario Avenue, Niagara Falls, NY 14305

    $235,000
    6,012 sqft 0.07 AC lot

    Four-unit property with immediate rental income potential in Niagara Falls.

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    Well-Kept Two-Unit Property
    Well-Kept Two-Unit Property

    2240 Michigan Avenue, Niagara Falls, NY 14305

    $145,900
    1,900 sqft 0.12 AC lot

    Two-unit property ideal for owner-occupant or investor.

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    Triplex Residential Income Property
    Triplex Residential Income Property

    517 Tronolone Pl, Niagara Falls, NY 14301

    $104,900
    1,824 sqft

    Three-unit triplex with two-bedroom and one-bedroom layouts, sold as-is and suited for income-focused buyers.

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    Spacious Multi-Family Property
    Spacious Multi-Family Property

    2240 La Salle Avenue, Niagara Falls, NY 14301

    $149,900
    2,650 sqft

    Multi-family property with 5 bedrooms, 2 baths, and desirable features.

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    Niagara Falls Multi-Family Property
    Niagara Falls Multi-Family Property

    1726 Elmwood Avenue, Niagara Falls, NY 14301

    $160,000
    1,536 sqft 0.10 AC lot

    Multi-family property near Niagara Falls, suitable for short-term rentals.

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    Niagara Falls Multifamily Rehab Opportunity
    Niagara Falls Multifamily Rehab Opportunity

    1018 Cleveland Ave, Niagara Falls, NY 14305

    $58,000
    2,494 sqft

    Multifamily property ready for rehab near downtown Niagara Falls.

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    Two-Unit Residential Income Home
    Two-Unit Residential Income Home

    1648 Cleveland Avenue, Niagara Falls, NY 14305

    $111,888
    1,356 sqft

    A two-story home with separate entrances for two 2-bedroom units and off-street parking for two cars.

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    Renovated 6-Unit Building in Niagara
    Renovated 6-Unit Building in Niagara

    2034 La Salle Ave, Niagara Falls, NY 14301

    $249,900
    8,000 sqft 0.09 AC lot

    Cash-flowing, renovated 6-unit building in historic Niagara Falls.

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    Spacious Multi-Unit in Niagara Falls
    Spacious Multi-Unit in Niagara Falls

    2128 Jerauld Avenue, Niagara Falls, NY 14305

    $250,000
    2,440 sqft 0.08 AC lot

    Two 3-bedroom apartments with new mechanicals and income potential.

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    Niagara Falls, NY Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Niagara Falls, NY, showcased through 72 active listings on our real estate platform. These investment opportunities span a total of 167,301 square feet of properties for sale, with an estimated market value of $8,904,487.

    Sale prices for multifamily properties in Niagara Falls, NY start at $39,900, averaging $217,182, and reaching up to $759,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 46
    Short term rental properties 15
    Apartment buildings 13
    Triplexes 8
    Quadplexes 2

    Demographics Overview

    Population 63K
    Population Growth (5Y) -1.3%
    Median Household Income $53,987
    College Educated 25.4%

    High-Yield Neighborhoods for Investment

    Identify Niagara Falls submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    14303 $135.5K
    14305 $170.3K
    14301 $210K
    14304 $477.3K

    Listings Trend

    New vs delisted commercial listings in Niagara County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Niagara Falls fall within the 25,000 to 50,000 square foot range.

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