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Pending
    • $287,500

    328 Ferry Ave, Niagara Falls, NY 14301

    5beds
    0baths
    3,948sqft
    Loading
    Multi Family
    Built in 1919
    -- sqft lot
    $279,100 Zestimate®
    $73/sqft
    $-- HOA

    What's special

    High Cash-Flow Investment Opportunity – 5 Units on One Lot Near Niagara Falls! Don't miss this exceptional income-producing investment featuring 5 rental units across 2 properties on one lot in one of Niagara Falls' most desirable investment locations. Currently generating $4,850 per month in rental income with reliable, long-term tenants, this property offers immediate cash flow from day one. Ideally situated just a couple of blocks from the world-famous Niagara Falls, the Canadian border crossing, and Seneca Niagara Resort & Casino, this property is positioned in a high-demand rental market with strong long-term appreciation potential. Its prime location provides easy access to tourism, employment, entertainment, and international travel, making it attractive to both tenants and investors alike. Whether you're looking to expand your portfolio or secure a solid cash-flowing asset, this is an opportunity worth considering. The current owner is selling as part of a portfolio upgrade, creating an excellent chance for the next investor to acquire a proven income-producing property.
    27 days
    |
    462
    |
    46
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Iconic Real Estate 716-236-7644,

    Noah Munoz 716-404-5470

    Source: NYSAMLSs,MLS#: B1692203MLS LogoOriginating MLS: Buffalo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 0
      Heating
      • Gas, Other, See Remarks, Forced Air
      Cooling
      • Other, See Remarks
      Appliances
      • Included: Gas Oven, Gas Range, Gas Water Heater, Refrigerator
      Features
      • Natural Woodwork
      • Flooring: Carpet, Hardwood, Varies, Vinyl
      • Basement: Full
      • Has fireplace: No
      Interior area
      • Total structure area: 3,948
      • Total interior livable area: 3,948 sqft

      Property

      Parking
      • Parking features: Two Spaces, Driveway, Garage, No Garage
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: Concrete Driveway
      Lot
      • Size: 3,036 Square Feet
      • Dimensions: 33 x 92
      • Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
      Details
      • Parcel number: 2911001590290001013000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick, Stucco
      • Roof: Flat
      Condition
      • Resale
      • Year built: 1919

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Connected
      • Water: Connected, Public
      • Utilities for property: Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Other, See Remarks
      • Subdivision: Mile Reserve
      Location
      • Region: Niagara Falls

      Financial & listing details

      • Price per square foot: $73/sqft
      • Tax assessed value: $65,000
      • Annual tax amount: $4,513
      • Date on market: 6/29/2026
      • Cumulative days on market: 28 days
      • Listing terms: Cash,Conventional

        Estimated market value

        $279,100

        $265,000 - $293,000

        $1,232/mo

        Price history

        DateEventPrice
        7/21/2026Pending sale$287,500$73/sqft
        Source: NYSAMLSs #B1694741 Report a problem
        6/29/2026Listed for sale$287,500+119.5%$73/sqft
        Source: NYSAMLSs #B1692203 Report a problem
        10/1/2021Sold$131,000$33/sqft
        Source: NYSAMLSs #B1331478 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 14301

        Getting around

        77 / 100
        Very Walkable
        39 / 100
        Some Transit
        92 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Niagara Falls

        Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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