1511 Cleveland Avenue Niagara Falls, NY $ 130,000
1511 Cleveland Avenue
$ 130,000
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1511 Cleveland Avenue

Niagara Falls, NY, 14305
$ 130,000
Bedrooms4 Baths2.0 Sq 2,042

Monthly Estimate*

$ 821

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Multi-Family Home for sale in Niagara Falls, NY

for $130,000 with 4 bedrooms and 2 full baths. This 2,042 square foot home was built in 1900 on a lot size of 0.1102.

Investment opportunity with income + Short-Term AirBnB rental potential! Welcome to 1511 Cleveland Ave, a fantastic income-producing property located in the City of Niagara Falls just a short drive the State Park & Canada! This is the type of property investors have been looking for a property with long term tenants already in place providing immediate rental income combined with the potential to take advantage of Niagara Falls' booming tourism market. Whether you're and experienced investor looking to expand your portfolio or a first-time buyer looking for a property where the rental income can help offset your ownership cost, this property deserves your attention! The ability to own a property with established long-term rental income while having the potential to explore future short-term rental possibilities. 9.4 million visitors come to Niagara Falls every year creating an enormous & continually renewing customer base for short-term rental. Own where tourist come! Even more exciting this property may be purchased as part of a Larger 9-unit Real Estate Portfolio! Create an instant Niagara Falls Real Estate portfolio consisting of this property plus: 1215-15th St, 915 Ferry Ave , 1305-15th St, 1526 LaSalle Ave (2 units) all are are located within the City's AirBnB short term rental zone, offering tremendous potential for an Investor seeking scale in one of Western New York's premier tourism markets. 1869 Weston & 1886 Weston Ave. 9 units total, providing an exceptional opportunity to acquire multiple income producing properties in one transaction. Whether purchasing this property individually or assembling the entire portfolio, this a rare opportunity to establish an immediate presence in the Niagara Falls short term-term rental & investment market. Live, invest, operate or build your portfolio-the opportunity is here!!! Long term tenants below market rents presently $65,940.00 per year. Based on estimated current market rents, the same portfolio has the potential to generate approximately $130,200 per year in gross long-term rental income representing approximately $64,260 of additional annual rental income potential through proper rent optimization

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Multi-Family Active

Price

$ 130,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,869

Style

MultiFamily

Lot Size

0.1102

Year Built

1900

Town/City

Niagara Falls

County/Region

Niagara

MLS | Web ID

B1708260

Features
General
Sewer Connected
Heating Gas ForcedAir
Utilities CableAvailable SewerConnected WaterConnected
Possession SubjectToTenantRights
Roof Asphalt
Appliances GasWaterHeater
Garage Spaces 1.0
Construction Materials CompositeSiding CopperPlumbing
School District Niagara Falls
Year Built 1900
Electric CircuitBreakers
Stories Count 2
Township Not Applicable
Levels Two
Property Subtype MultiFamily
Gross Income 15840.0
County Niagara
Property Type Residential
Subdivision Name City/Niagara Falls
Garage Y/N Yes
Rent Includes Heat SnowRemoval TrashCollection Water
Full Baths 2
Status Active
High School Niagara Falls High
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 4800.0
Year Built Details Existing
Tax Annual Amount 1869.0
Property Condition Resale
Standard Status Active
Middle/Junior School District Niagara Falls
Elementary School District Niagara Falls
Tax Assessed Value 37000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 17
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Interior
Basement Full
Flooring Carpet 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 2
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Exterior
Exterior Amenities FullyFenced
Fencing Full
Parking Features OneSpace
Lot Features NearPublicTransit Rectangular RectangularLot ResidentialLot
Water Source Connected Public
Lot Size Area 0.1102
Foundation Details Stone
Building Area Total 2042.0
Lot Dimensions 120X40
Lot Size Acres 0.1102
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 1511
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* Excluded Features
List By
Howard Hanna Wny Inc.

Broker

(716) 691-5800

Phone

Affordability Calculator

$977
Per Month
84%
16%
0%
Monthly Principal & Interest
$821
Monthly Property Taxes
$156
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
Niagara Falls High High School
Pricing History
DatePricePrice ChangeDescription
8/19/2026$130,000 Listed Price

Map


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1511 Cleveland Avenue, Niagara Falls, NY, 14305 is a Multi-Family Home for sale at $130,000 with 2,042 sqft and a lot size of 0.1102. 1511 Cleveland Avenue has 4 bedrooms, 2.0 baths, and was built in 1900. The property's zip code is 14305 which is in Niagara Falls, NY