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  • Price cut: $5K (6/11)
    $154,900

    474 22nd St, Niagara Falls, NY 14303

    3beds
    1,512sqft
    Loading
    Multi Family
    Built in 1940
    -- sqft lot
    $148,400 Zestimate®
    $102/sqft
    $-- HOA

    What's special

    All-brick exteriorClean low-maintenance setupReduced maintenance costsUpdated electricalModernized kitchens and bathroomsLong-term durabilityNewer flooring throughout
    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.
    90 days
    |
    284
    |
    8
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    Zillow last checked:

    Listing updated:

    Listed by:

    Century 21 North East 716-754-9963,

    David M Pascucci 716-545-9743,

    Patrick S Hollingsworth 386-341-2175,

    Century 21 North East

    Source: NYSAMLSs,MLS#: B1673119MLS LogoOriginating MLS: Buffalo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Gas, Forced Air
      Appliances
      • Included: Gas Water Heater
      Features
      • Flooring: Laminate, Tile, Varies
      • Basement: Full
      • Has fireplace: No
      Interior area
      • Total structure area: 1,512
      • Total interior livable area: 1,512 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Other, Parking Available, See Remarks
      • Garage spaces: 1
      Lot
      • Size: 3,920 Square Feet
      • Dimensions: 35 x 112
      • Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
      Details
      • Parcel number: 2911001590330002011000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick
      Condition
      • Resale
      • Year built: 1940

      Utilities & green energy

      • Sewer: Connected
      • Water: Connected, Public
      • Utilities for property: Sewer Connected, Water Connected

      Community & HOA

      Community
      • Subdivision: Stedman Farm
      Location
      • Region: Niagara Falls

      Financial & listing details

      • Price per square foot: $102/sqft
      • Tax assessed value: $51,500
      • Annual tax amount: $2,599
      • Date on market: 4/15/2026
      • Cumulative days on market: 121 days
      • Listing terms: Cash,Conventional,FHA

        Estimated market value

        $148,400

        $141,000 - $156,000

        $1,202/mo

        Price history

        DateEventPrice
        6/11/2026Price change$154,900-3.1%$102/sqft
        Source: NYSAMLSs #B1673119 Report a problem
        4/30/2026Price change$159,900-3%$106/sqft
        Source: NYSAMLSs #B1673119 Report a problem
        4/15/2026Listed for sale$164,900-5.8%$109/sqft
        Source: NYSAMLSs #B1673119 Report a problem
        4/5/2026Listing removed$175,000$116/sqft
        Source: NYSAMLSs #B1656991 Report a problem
        2/5/2026Price change$175,000-2.8%$116/sqft
        Source: NYSAMLSs #B1656991 Report a problem
        1/9/2026Listed for sale$180,000+24.1%$119/sqft
        Source: NYSAMLSs #B1656991 Report a problem
        1/21/2025Sold$145,000-6.5%$96/sqft
        Source: Public Record Report a problem
        11/14/2024Pending sale$155,000+6.9%$103/sqft
        Source: NYSAMLSs #B1562598 Report a problem
        11/7/2024Sold$145,000-6.5%$96/sqft
        Source: NYSAMLSs #B1562598 Report a problem
        9/1/2024Listed for sale$155,000-3.7%$103/sqft
        Source: NYSAMLSs #B1562598 Report a problem
        6/20/2024Listing removed--
        Source: NYSAMLSs #B1528892 Report a problem
        5/22/2024Price change$161,000-1.2%$106/sqft
        Source: NYSAMLSs #B1528892 Report a problem
        4/19/2024Price change$163,000-1.2%$108/sqft
        Source: NYSAMLSs #B1528892 Report a problem
        3/31/2024Listed for sale$165,000+10.1%$109/sqft
        Source: NYSAMLSs #B1528892 Report a problem
        3/19/2024Listing removed--
        Source: NYSAMLSs #B1498551 Report a problem
        10/24/2023Price change$149,900-3.2%$99/sqft
        Source: NYSAMLSs #B1498551 Report a problem
        9/18/2023Listed for sale$154,900-3.1%$102/sqft
        Source: NYSAMLSs #B1498551 Report a problem
        2/9/2023Listing removed--
        Source: NYSAMLSs #B1427371 Report a problem
        11/22/2022Price change$159,900-5.9%$106/sqft
        Source: NYSAMLSs #B1427371 Report a problem
        8/12/2022Listed for sale$169,900+239.8%$112/sqft
        Source: NYSAMLSs #B1427371 Report a problem
        6/3/2019Sold$50,000-16.7%$33/sqft
        Source: Agent Provided Report a problem
        4/7/2019Pending sale$59,990$40/sqft
        Source: RE/MAX North #B1163030 Report a problem
        4/2/2019Price change$59,990+0.2%$40/sqft
        Source: RE/MAX North #B1163030 Report a problem
        12/4/2018Listed for sale$59,900-13.2%$40/sqft
        Source: RE/MAX North #B1163030 Report a problem
        2/19/2015Sold$68,995+68.3%$46/sqft
        Source: Public Record Report a problem
        1/28/2015Listing removed$425-5.6%
        Source: Investor's Service Company Report a problem
        12/24/2014Sold$41,000-3.6%$27/sqft
        Source: Public Record Report a problem
        12/18/2014Price change$450-18.2%
        Source: Investors Service Company Report a problem
        11/11/2014Listed for rent$550
        Source: Investor's Service Company Report a problem
        9/9/2014Sold$42,524$28/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $51,500
        2024-- $51,500
        2023-- $51,500
        2022-- $51,500
        2021-- $51,500
        2020-- $51,500
        2019-- $51,500
        2018-- $51,500
        Find assessor info on the county website

        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.

        Climate risks

        Neighborhood: 14303

        Getting around

        74 / 100
        Very Walkable
        31 / 100
        Some Transit
        62 / 100
        Bikeable

        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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