552 24th Street Niagara Falls, NY $ 385,000
552 24th Street
$ 385,000
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552 24th Street

Niagara Falls, NY, 14301
$ 385,000
Bedrooms12 Baths4.0 Sq 3,024

Monthly Estimate*

$ 2,371

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Multi-Family Home for sale in Niagara Falls, NY

for $385,000 with 12 bedrooms and 4 full baths. This 3,024 square foot home was built in 1918 on a lot size of 0.4982.

Exceptional opportunity to own a rare, large-scale investment package in the heart of Niagara Falls! Located on 24th Street, this unique offering includes two historic properties situated on nearly an acre of adjoining land—an incredibly uncommon find in a downtown setting. 552 24th St is a four-unit building featuring two spacious 4-bedroom units and two 2-bedroom units. Currently, one unit is occupied by a long-term tenant, while the remaining units are vacant—providing immediate value-add potential for an investor to set market rents or complete renovations to maximize cash flow. 562 24th St is a duplex offering two 2-bedroom units and is currently owner-occupied (interior not photographed), making it ideal for an owner-user or additional rental income. Both properties feature separate utilities, reducing owner expenses and increasing overall investment efficiency. What truly sets this package apart is the expansive, buildable land included—offering endless possibilities for future development. Whether you're looking to add another multi-family property, construct a small warehouse, or explore other development opportunities, the space and zoning potential make this a standout investment. Additional highlights include two detached garages, ample off-street parking, and a highly desirable location just minutes from Niagara Falls State Park, the Canadian border, local restaurants, and shopping. With six total units, significant upside potential, and rare development land, this is the kind of opportunity that doesn’t come around often. Whether you're expanding your portfolio or looking for your next value-add project, this property checks all the boxes.

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Multi-Family Active

Price

$ 385,000

Bedrooms

12

Full Bath

4

Property Type

Multi-Family

Taxes

$ 1,780

Style

Fourplex

Lot Size

0.4982

Year Built

1918

Town/City

Niagara Falls

County/Region

Niagara

MLS | Web ID

B1672675

Features
Interior
Interior Amenities NaturalWoodwork
Basement CrawlSpace Partial
Flooring Carpet Hardwood Varies
Total Fireplaces 0
Total Stories 2
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Half Baths 0
Total Bedrooms 12
Main Level Bathrooms 0
Total Baths 4
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General
Sewer Connected
Heating Gas ForcedAir
Utilities SewerConnected WaterConnected
Possession CloseOfEscrow
Roof Asphalt
Appliances GasWaterHeater
Garage Spaces 2.0
Architectural Style Fourplex
Construction Materials CompositeSiding CopperPlumbing
School District Niagara Falls
Year Built 1918
Electric CircuitBreakers
Township Not Applicable
Property Subtype MultiFamily
County Niagara
Property Type Residential
Subdivision Name Mile Reserve
Garage Y/N Yes
Rent Includes Water
Full Baths 4
Status Active
Directions Ferry to 24th st
City Niagara Falls
Senior Community Y/N No
High School District Niagara Falls
Number Of Units Total 4
MLS Area Niagara Falls-City-291100
Lot Size Units Acres
Lot Size Square Feet 21700.0
Year Built Details Existing
Tax Annual Amount 1780.0
Property Condition Resale
Standard Status Active
Middle/Junior School District Niagara Falls
Elementary School District Niagara Falls
Tax Assessed Value 38100
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 19
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Exterior
Exterior Amenities FullyFenced Fence
Fencing Full Partial
Parking Features Gravel ParkingAvailable TwoOrMoreSpaces GarageDoorOpener
Lot Features NearPublicTransit Rectangular RectangularLot ResidentialLot
Water Source Connected Public
Lot Size Area 0.4982
Building Area Total 3024.0
Lot Dimensions 175X124
Lot Size Acres 0.4982
Waterfront Y/N No
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Road Frontage Type CityStreet
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Internal Only
Street Number 1 552
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* Excluded Features
List By
Iconic Real Estate

Broker

(716) 404-5470

Phone

Affordability Calculator

$2,519
Per Month
94%
6%
0%
Monthly Principal & Interest
$2,371
Monthly Property Taxes
$148
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
Pricing History
DatePricePrice ChangeDescription
4/14/2026$385,000 Listed Price

Map


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552 24th Street, Niagara Falls, NY, 14301 is a Multi-Family Home for sale at $385,000 with 3,024 sqft and a lot size of 0.4982. 552 24th Street has 12 bedrooms, 4.0 baths, and was built in 1918. The property's zip code is 14301 which is in Niagara Falls, NY