474 22nd Street Niagara Falls, NY $ 164,900
474 22nd Street
$ 164,900
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474 22nd Street

Niagara Falls, NY, 14303
$ 164,900
Bedrooms3 Baths2.0 Sq 1,512

Monthly Estimate*

$ 1,015

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Multi-Family Home for sale in Niagara Falls, NY

for $164,900 with 3 bedrooms and 2 full baths. This 1,512 square foot home was built in 1940 on a lot size of 0.09.

Turnkey, income-producing all-brick 2-unit in Niagara Falls generating strong cash flow from day one! This solid investment features a 2-bedroom, 1-bath unit currently rented for $1,200/month and a 1-bedroom, 1-bath unit rented for $950/month—bringing in $2,150/month ($25,800 annually) in gross rental income. Both units have been updated with newer flooring throughout, along with modernized kitchens and bathrooms, offering a clean, low-maintenance setup that attracts and retains quality tenants. The property also features updated electrical, adding another layer of value and peace of mind for the next owner. Current tenants are reliable, in place, and would love to stay—providing immediate stability and eliminating turnover risk. The all-brick exterior ensures long-term durability and reduced maintenance costs, making this a strong, efficient addition to any investment portfolio. With solid rents already in place and minimal capital improvements needed, this is a true plug-and-play asset delivering consistent cash flow from day one. Opportunities like this—stabilized, updated, and producing—don’t last.

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Multi-Family Active

Price

$ 164,900

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,599

Style

MultiFamily

Lot Size

0.09

Year Built

1940

Town/City

Niagara Falls

County/Region

Niagara

MLS | Web ID

B1673119

Features
General
Sewer Connected
Heating Gas ForcedAir
Utilities SewerConnected WaterConnected
Possession CloseOfEscrow
Appliances GasWaterHeater
Garage Spaces 1.0
Construction Materials Brick
School District Niagara Falls
Year Built 1940
Township Not Applicable
Property Subtype MultiFamily
County Niagara
Property Type Residential
Subdivision Name Stedman Farm
Garage Y/N Yes
Rent Includes Heat Water
Full Baths 2
Status Active
City Niagara Falls
Senior Community Y/N No
High School District Niagara Falls
Number Of Units Total 2
MLS Area Niagara Falls-City-291100
Lot Size Units Acres
Lot Size Square Feet 3920.0
Year Built Details Existing
Tax Annual Amount 2599.0
Property Condition Resale
Standard Status Active
Middle/Junior School District Niagara Falls
Elementary School District Niagara Falls
Tax Assessed Value 51500
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 11
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Interior
Basement Full
Flooring Laminate Tile Varies
Total Fireplaces 0
Total Stories 1
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Half Baths 0
Total Bedrooms 3
Main Level Bathrooms 0
Total Baths 2
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Exterior
Parking Features Other ParkingAvailable SeeRemarks
Lot Features NearPublicTransit Rectangular RectangularLot ResidentialLot
Water Source Connected Public
Lot Size Area 0.09
Building Area Total 1512.0
Lot Dimensions 35X112
Lot Size Acres 0.09
Waterfront Y/N No
Number of Separate Gas Meters 1
Number of Separate Electric Meters 2
Road Frontage Type CityStreet
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Internal Only
Street Number 1 474
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* Excluded Features
List By
Century 21 North East

Broker

(716) 545-9743

Phone

Affordability Calculator

$1,232
Per Month
82%
18%
0%
Monthly Principal & Interest
$1,015
Monthly Property Taxes
$217
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
4/15/2026$164,900 Listed Price

Map


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474 22nd Street, Niagara Falls, NY, 14303 is a Multi-Family Home for sale at $164,900 with 1,512 sqft and a lot size of 0.09. 474 22nd Street has 3 bedrooms, 2.0 baths, and was built in 1940. The property's zip code is 14303 which is in Niagara Falls, NY