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  • $177,000

    531 16th St, Niagara Falls, NY 14301

    5beds
    2,199sqft
    Triplex, Multi Family
    Built in 1894
    -- sqft lot
    $188,700 Zestimate®
    $80/sqft
    $1,005 Estimated rent

    Home value

    $188,700

    $179,000 - $198,000

    $1,005/mo

    Zestimate® history
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    What's special

    Solid brick triplexFunctional layouts throughout
    Great investment opportunity in Niagara Falls! This solid brick triplex features a 2/2/1 unit configuration and offers approximately 2,199 square feet of living space. The property presents strong income potential for investors or an owner-occupant interested in generating rental income. The property offers functional layouts throughout and sits on a lot measuring approximately 8,712 square feet. Conveniently located near shopping, dining, parks, and major attractions including Niagara Falls State Park and the Niagara Fashion Outlets. Easy access to the Lewiston-Queenston Bridge and Grand Island Bridge, making commuting to Buffalo and surrounding areas convenient.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lizette Moran 716-445-1638,

    Red Door Real Estate WNY LLC,

    Elizabeth Dung 716-907-5999,

    Red Door Real Estate WNY LLC

    Bought with:

    Lynn E Shaftic-Averill, 10401261592

    HUNT Real Estate Corporation

    Cheryl L O'Donnell, 30OD0756267

    HUNT Real Estate Corporation

    Source: NYSAMLSs,MLS#: B1659548MLS LogoOriginating MLS: Buffalo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Gas, Forced Air
    Appliances
    • Included: Gas Water Heater
    Features
    • Flooring: Carpet, Hardwood, Varies
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 2,199
    • Total interior livable area: 2,199 sqft

    Property

    Parking
    • Parking features: No Driveway
    Lot
    • Size: 8,712 Square Feet
    • Dimensions: 66 x 132
    • Features: Rectangular, Rectangular Lot, Residential Lot
    Details
    • Parcel number: 2911001590240004035000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Triplex
    • Property subtype: Triplex, Multi Family
    Materials
    • Brick, Composite Siding, Other
    Condition
    • Resale
    • Year built: 1894

    Utilities & green energy

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

    Community & HOA

    Community
    • Subdivision: City/Niagara Falls
    Location
    • Region: Niagara Falls

    Financial & listing details

    • Price per square foot: $80/sqft
    • Tax assessed value: $46,700
    • Annual tax amount: $2,323
    • Date on market: 2/4/2026
    • Cumulative days on market: 61 days
    • Listing terms: Cash,Conventional,FHA
    • Tenant pays: All Utilities

    Price history

    DateEventPrice
    7/22/2026Sold$177,000-9.2%$80/sqft
    Source: NYSAMLSs #B1659548 Report a problem
    4/6/2026Pending sale$194,900$89/sqft
    Source: NYSAMLSs #B1659548 Report a problem
    3/10/2026Price change$194,900-2.5%$89/sqft
    Source: NYSAMLSs #B1659548 Report a problem
    2/4/2026Listed for sale$199,900+29%$91/sqft
    Source: NYSAMLSs #B1659548 Report a problem
    4/7/2025Sold$155,000+3.4%$70/sqft
    Source: NYSAMLSs #B1580349 Report a problem
    1/6/2025Pending sale$149,900$68/sqft
    Source: NYSAMLSs #B1580349 Report a problem
    12/6/2024Listed for sale$149,900-8.6%$68/sqft
    Source: NYSAMLSs #B1580349 Report a problem
    7/15/2024Listing removed$164,000-3%$75/sqft
    Source: NYSAMLSs #B1541998 Report a problem
    5/31/2024Listed for sale$169,000+6.3%$77/sqft
    Source: NYSAMLSs #B1541998 Report a problem
    12/2/2023Listing removed--
    Source: NYSAMLSs #B1493852 Report a problem
    8/26/2023Listed for sale$159,000+22.3%$72/sqft
    Source: NYSAMLSs #B1493852 Report a problem
    12/19/2022Listing removed--
    Source: NYSAMLSs #B1443711 Report a problem
    11/10/2022Listed for sale$130,000+83.1%$59/sqft
    Source: NYSAMLSs #B1443711 Report a problem
    2/23/2022Sold$71,000-11.1%$32/sqft
    Source: Public Record Report a problem
    7/28/2021Pending sale$79,900$36/sqft
    Source: NYSAMLSs #B1351780 Report a problem
    7/14/2021Listed for sale$79,900+35.4%$36/sqft
    Source: NYSAMLSs #B1351780 Report a problem
    2/12/2018Sold$59,000-4.8%$27/sqft
    Source: Public Record Report a problem
    12/5/2017Pending sale$62,000$28/sqft
    Source: Howard Hanna - W. Amherst/N. Tonawanda #B1086960 Report a problem
    11/14/2017Listed for sale$62,000+12.9%$28/sqft
    Source: Howard Hanna #B1086960 Report a problem
    7/15/2016Listing removed$54,900$25/sqft
    Source: REALTY USA WNY INC #B493827 Report a problem
    7/5/2016Pending sale$54,900$25/sqft
    Source: REALTY USA WNY INC #B493827 Report a problem
    7/5/2016Listed for sale$54,900+1.7%$25/sqft
    Source: REALTY USA WNY INC #B493827 Report a problem
    6/24/2016Sold$54,000-1.6%$25/sqft
    Source: Agent Provided Report a problem
    5/9/2016Pending sale$54,900$25/sqft
    Source: RealtyUSA #B493827 Report a problem
    2/26/2016Listed for sale$54,900$25/sqft
    Source: REALTY USA WNY INC #B493827 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $46,700
    2024-- $46,700
    2023-- $46,700
    2022-- $46,700
    2021-- $46,700
    2020-- $46,700
    2019-- $46,700
    2018-- $46,700
    2017$2,039 $46,700
    2016-- $46,700
    2015-- $46,700
    2014-- $46,700
    2013-- $46,700
    2012-- $46,700
    2011-- $46,700
    2010-- $46,700
    2009-- $46,700
    2008-- $46,700
    2007-- $46,700
    2006-- $46,700
    2005-- $46,700 +6.1%
    2004-- $44,000
    2003-- $44,000
    2002-- $44,000 -5.8%
    2001-- $46,700
    2000-- $46,700
    Find assessor info on the county website

    Neighborhood: 14301

    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.