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.
Pending
$194,900
531 16th St, Niagara Falls, NY 14301
5beds
2,199sqft
Triplex, Multi Family
Built in 1894
-- sqft lot
$188,100 Zestimate®
$89/sqft
$-- HOA
What's special
Solid brick triplexFunctional layouts throughout
- 158 days |
- 32 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Red Door Real Estate WNY LLC 716-299-7171,
Lizette Moran 716-445-1638,
Elizabeth Dung 716-907-5999,
Red Door Real Estate WNY LLC
Source: NYSAMLSs,MLS#: B1659548
Originating 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: $89/sqft
- Tax assessed value: $46,700
- Annual tax amount: $2,323
- Date on market: 2/4/2026
- Cumulative days on market: 159 days
- Listing terms: Cash,Conventional,FHA
- Tenant pays: All Utilities
Estimated market value
Zestimate®
$188,100
Estimated sales range
$179,000 - $198,000
Rent Zestimate®
$1,207/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/6/2026 | Pending sale | $194,900$89/sqft |
Source: | ||
| 3/10/2026 | Price change | $194,900-2.5%$89/sqft |
Source: | ||
| 2/4/2026 | Listed for sale | $199,900+29%$91/sqft |
Source: | ||
| 4/7/2025 | Sold | $155,000+3.4%$70/sqft |
Source: | ||
| 1/6/2025 | Pending sale | $149,900$68/sqft |
Source: | ||
| 12/6/2024 | Listed for sale | $149,900-8.6%$68/sqft |
Source: | ||
| 7/15/2024 | Listing removed | $164,000-3%$75/sqft |
Source: | ||
| 5/31/2024 | Listed for sale | $169,000+6.3%$77/sqft |
Source: | ||
| 12/2/2023 | Listing removed | -- |
Source: | ||
| 8/26/2023 | Listed for sale | $159,000+22.3%$72/sqft |
Source: | ||
| 12/19/2022 | Listing removed | -- |
Source: | ||
| 11/10/2022 | Listed for sale | $130,000+83.1%$59/sqft |
Source: | ||
| 2/23/2022 | Sold | $71,000$32/sqft |
Source: Public Record Report a problem | ||
| 11/18/2021 | Sold | $71,000-11.1%$32/sqft |
Source: | ||
| 7/28/2021 | Pending sale | $79,900$36/sqft |
Source: | ||
| 7/14/2021 | Listed for sale | $79,900+35.4%$36/sqft |
Source: | ||
| 2/12/2018 | Sold | $59,000-4.8%$27/sqft |
Source: Public Record Report a problem | ||
| 12/5/2017 | Pending sale | $62,000$28/sqft |
Source: Howard Hanna - W. Amherst/N. Tonawanda #B1086960 Report a problem | ||
| 11/14/2017 | Listed for sale | $62,000+12.9%$28/sqft |
Source: Howard Hanna #B1086960 Report a problem | ||
| 7/15/2016 | Listing removed | $54,900$25/sqft |
Source: REALTY USA WNY INC #B493827 Report a problem | ||
| 7/5/2016 | Pending sale | $54,900$25/sqft |
Source: REALTY USA WNY INC #B493827 Report a problem | ||
| 7/5/2016 | Listed for sale | $54,900+1.7%$25/sqft |
Source: REALTY USA WNY INC #B493827 Report a problem | ||
| 6/24/2016 | Sold | $54,000-1.6%$25/sqft |
Source: Agent Provided Report a problem | ||
| 5/9/2016 | Pending sale | $54,900$25/sqft |
Source: RealtyUSA #B493827 Report a problem | ||
| 2/26/2016 | Listed for sale | $54,900$25/sqft |
Source: REALTY USA WNY INC #B493827 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Monthly payment
Estimated monthly payment$1,822
Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll 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: 14301
Nearby schools
GreatSchools rating
- NABloneva Bond Primary SchoolGrades: PK-3Distance: 0.6 mi
- 4/10Gaskill Preparatory SchoolGrades: 7-8Distance: 0.9 mi
- 3/10Niagara Falls High SchoolGrades: 9-12Distance: 1.8 mi
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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Contact an agent
- New York
- Niagara County
- Niagara Falls
- 14301
- 531 16th St