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505 5th Street Niagara Falls, NY $ 120,000
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$ 120,000 Get more info
505 5th Street
$ 120,000
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505 5th Street

Niagara Falls, NY, 14301
$ 120,000
Bedrooms4 Baths3.0 Sq 3,090

Monthly Estimate*

$ 739

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Multi-Family Home for sale in Niagara Falls, NY

for $120,000 with 4 bedrooms and 3 full baths. This 3,090 square foot home was built in 1921 on a lot size of 0.1242.

Exceptional investment opportunity! This 3-unit residence occupies a prime corner lot in the heart of Niagara Falls, offering the perfect blend of size, location, and versatility. Ideally positioned for high-yield potential, the property is just blocks from the Seneca Niagara Casino, the Niagara River Gorge, and the Niagara Falls State Park. Whether you are looking for a steady long-term rental or a lucrative short-term play, this property is situated within the Niagara Falls designated short-term rental/Airbnb zone, making it a rare find for savvy investors. The spacious units provide ample living space, while the corner lot location offers enhanced curb appeal and natural light. Don’t miss your chance to own a multi-unit powerhouse in one of the world's most famous tourist destinations. Minutes from downtown dining, shopping, and international border crossings. Turn your vision into reality at 505 5th Street!

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Multi-Family Active

Price

$ 120,000

Bedrooms

4

Full Bath

3

Property Type

Multi-Family

Taxes

$ 1,235

Style

Triplex

Lot Size

0.1242

Year Built

1921

Town/City

Niagara Falls

County/Region

Niagara

MLS | Web ID

B1662515
Features
General
Sewer Connected
Heating Gas ForcedAir
Utilities SewerConnected WaterConnected
Possession CloseOfEscrow
Appliances GasWaterHeater
Garage Spaces 0.0
Patio/Porch Features Covered Porch
Architectural Style Triplex
Construction Materials WoodSiding
School District Niagara Falls
Year Built 1921
Stories Count 2
Township Not Applicable
Levels Two
Property Subtype MultiFamily
County Niagara
Property Type Residential
Subdivision Name Mile Reseve
Rent Includes HotWater
Full Baths 3
Status Active
Directions Ferry to 5th street
City Niagara Falls
Senior Community Y/N No
High School District Niagara Falls
Number Of Units Total 3
MLS Area Niagara Falls-City-291100
Lot Size Units Acres
Lot Size Square Feet 5412.0
Year Built Details Existing
Tax Annual Amount 1235.0
Property Condition Resale
Standard Status Active
Middle/Junior School District Niagara Falls
Elementary School District Niagara Falls
Tax Assessed Value 14200
TaxOtherAnnualAssessmentAmount 250.0
Tax Lot 56
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Interior
Basement Full
Flooring Carpet Laminate Other SeeRemarks Varies Vinyl
Total Fireplaces 0
Total Stories 2
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Half Baths 0
Total Bedrooms 4
Main Level Bathrooms 0
Total Baths 3
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Exterior
Parking Features TwoOrMoreSpaces
Lot Features CornerLot Rectangular RectangularLot
Water Source Connected Public
Lot Size Area 0.1242
Building Area Total 3090.0
Lot Dimensions 82X66
Lot Size Acres 0.1242
Waterfront Y/N No
Number of Separate Gas Meters 1
Number of Separate Electric Meters 3
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Internal Only
Street Number 1 505
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* Excluded Features
List By
Iconic Real Estate

Broker

(716) 533-5410

Phone

Affordability Calculator

$842
Per Month
88%
12%
0%
Monthly Principal & Interest
$739
Monthly Property Taxes
$103
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
248245 Elementary School
248084 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/20/2026$120,000 Listed Price

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505 5th Street, Niagara Falls, NY, 14301 is a Multi-Family Home for sale at $120,000 with 3,090 sqft and a lot size of 0.1242. 505 5th Street has 4 bedrooms, 3.0 baths, and was built in 1921. The property's zip code is 14301 which is in Niagara Falls, NY

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