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  • Price cut: $35K (6/23)
    $350,000

    552 24th St, Niagara Falls, NY 14301

    12beds
    3,024sqft
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    Quadruplex, Multi Family
    Built in 1918
    -- sqft lot
    $-- Zestimate®
    $116/sqft
    $-- HOA

    What's special

    Ample off-street parkingTwo detached garagesExpansive buildable land
    Exceptional opportunity to own a rare, large-scale investment package in the heart of Niagara Falls! Located on 24th Street, this unique offering includes two historic properties situated on nearly an acre of adjoining land—an incredibly uncommon find in a downtown setting. 552 24th St is a four-unit building featuring two spacious 4-bedroom units and two 2-bedroom units. Currently, one unit is occupied by a long-term tenant, while the remaining units are vacant—providing immediate value-add potential for an investor to set market rents or complete renovations to maximize cash flow. 562 24th St is a duplex offering two 2-bedroom units and is currently owner-occupied (interior not photographed), making it ideal for an owner-user or additional rental income. Both properties feature separate utilities, reducing owner expenses and increasing overall investment efficiency. What truly sets this package apart is the expansive, buildable land included—offering endless possibilities for future development. Whether you're looking to add another multi-family property, construct a small warehouse, or explore other development opportunities, the space and zoning potential make this a standout investment. Additional highlights include two detached garages, ample off-street parking, and a highly desirable location just minutes from Niagara Falls State Park, the Canadian border, local restaurants, and shopping. With six total units, significant upside potential, and rare development land, this is the kind of opportunity that doesn’t come around often. Whether you're expanding your portfolio or looking for your next value-add project, this property checks all the boxes.
    90 days
    |
    315
    |
    20
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Iconic Real Estate 716-236-7644,

    Noah Munoz 716-404-5470

    Source: NYSAMLSs,MLS#: B1672675MLS LogoOriginating MLS: Buffalo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 12
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Gas, Forced Air
      Appliances
      • Included: Gas Water Heater
      Features
      • Natural Woodwork
      • Flooring: Carpet, Hardwood, Varies
      • Basement: Crawl Space,Partial
      • Has fireplace: No
      Interior area
      • Total structure area: 3,024
      • Total interior livable area: 3,024 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Gravel, Parking Available, Two or More Spaces, Garage Door Opener
      • Garage spaces: 2
      Features
      • Exterior features: Fully Fenced, Fence
      • Fencing: Full,Partial
      Lot
      • Size: 0.5 Acres
      • Dimensions: 175 x 124
      • Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
      Details
      • Parcel number: 2911001590250002019000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Fourplex
      • Property subtype: Quadruplex, Multi Family
      Materials
      • Composite Siding, Copper Plumbing
      • Roof: Asphalt
      Condition
      • Resale
      • Year built: 1918

      Utilities & green energy

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

      Community & HOA

      Community
      • Subdivision: Mile Reserve
      Location
      • Region: Niagara Falls

      Financial & listing details

      • Price per square foot: $116/sqft
      • Tax assessed value: $38,100
      • Annual tax amount: $1,780
      • Date on market: 4/13/2026
      • Cumulative days on market: 22 days
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $990/mo

        Price history

        DateEventPrice
        6/23/2026Price change$350,000-9.1%$116/sqft
        Source: NYSAMLSs #B1672675 Report a problem
        4/14/2026Listed for sale$385,000+2466.7%$127/sqft
        Source: NYSAMLSs #B1672675 Report a problem
        6/30/2015Sold$15,000$5/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $38,100
        2024-- $38,100
        2023-- $38,100
        2022-- $38,100
        2021-- $38,100
        2020-- $38,100
        2019-- $38,100
        2018-- $38,100 +15.5%
        2017$1,539 $33,000
        2016-- $33,000
        2015-- $33,000
        2014-- $33,000
        2013-- $33,000
        2012-- $33,000
        2011-- $33,000
        2010-- $33,000
        2009-- $33,000
        2008-- $33,000
        2007-- $33,000
        2006-- $33,000
        2005-- $33,000 +6.8%
        2004-- $30,900
        2003-- $30,900
        2002-- $30,900 -16.9%
        2001-- $37,200
        2000-- $37,200
        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: 14301

        Getting around

        79 / 100
        Very Walkable
        31 / 100
        Some Transit
        65 / 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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