Welcome to this charming 3-unit with bonus studio apartment brick exterior multifamily property, perfect for savvy investors or those looking to live in one unit while renting out the others. Nestled in a vibrant neighborhood, this well-maintained building features four spacious units, each showcasing its own unique character and ample natural light.
The layout offers a wonderful mix of cozy living spaces and comfortable bedrooms, making it ideal for a variety of tenants. With a strong rental history, this property presents a fantastic opportunity to generate income while enjoying the benefits of homeownership.
Located conveniently, residents will have easy access to local amenities, parks, and public transportation, ensuring that everyone will love calling this place home. property is considered a triplex with additional studio apartment. Don’t miss out on this incredible investment opportunity!
Closed
$216,300
561 Memorial Pkwy, Niagara Falls, NY 14301
6beds
3,047sqft
Quadruplex, Multi Family
Built in 1900
-- sqft lot
$201,800 Zestimate®
$71/sqft
$1,042 Estimated rent
Home value
$201,800
$174,000 - $230,000
$1,042/mo
Zestimate® history
Owner options
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$1,042/mo
Rent Zestimate®
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$1,042/mo
Rent Zestimate®
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$1,295/mo
Est. payment
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$1,295/mo
Est. payment
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List your homeWhat's special
Brick exteriorAmple natural lightComfortable bedroomsCozy living spacesSpacious unitsUnique character
Zillow last checked:
Listing updated:
Listed by:
Emmanuel Williams 716-430-2091,
WNY Metro Roberts Realty
Bought with:
Emmanuel Williams, 10301217766
WNY Metro Roberts Realty
Source: NYSAMLSs,MLS#: B1570289
Originating MLS: Buffalo
Originating MLS: BuffaloFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Gas, Other, See Remarks, Forced Air
Cooling
- Other, See Remarks
Appliances
- Included: Gas Water Heater
- Laundry: Washer Hookup
Features
- Natural Woodwork
- Flooring: Hardwood, Luxury Vinyl, Varies, Vinyl
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 3,047
- Total interior livable area: 3,047 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage, Parking Available, Two or More Spaces
- Garage spaces: 2
Features
- Patio & porch: Balcony
- Exterior features: Balcony, Fence
- Fencing: Partial
Lot
- Size: 4,090 Square Feet
- Dimensions: 31 x 132
- Features: Other, Near Public Transit, Residential Lot, See Remarks
Details
- Parcel number: 2911001590230001006000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other,See Remarks,Fourplex
- Property subtype: Quadruplex, Multi Family
Materials
- Brick, Other, See Remarks
- Foundation: Other, See Remarks, Stone
- Roof: Asphalt
Condition
- Resale
- Year built: 1900
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: $71/sqft
- Tax assessed value: $39,000
- Annual tax amount: $2,104
- Date on market: 10/21/2024
- Cumulative days on market: 59 days
- Listing terms: Cash,Conventional,FHA,Other,Rehab Financing,See Remarks
Price history
| Date | Event | Price |
|---|---|---|
| 5/22/2025 | Sold | $216,300-6%$71/sqft |
Source:  NYSAMLSs #B1570289 Report a problem | ||
| 12/23/2024 | Pending sale | $229,999$75/sqft |
Source: NYSAMLSs #B1570289 Report a problem | ||
| 12/19/2024 | Contingent | $229,999$75/sqft |
Source: NYSAMLSs #B1570289 Report a problem | ||
| 10/21/2024 | Listed for sale | $229,999+21.7%$75/sqft |
Source: NYSAMLSs #B1570289 Report a problem | ||
| 9/26/2023 | Listing removed | -- |
Source: NYSAMLSs #B1479335 Report a problem | ||
| 6/21/2023 | Listed for sale | $189,000+320%$62/sqft |
Source: NYSAMLSs #B1479335 Report a problem | ||
| 1/18/2019 | Sold | $45,000+12.8%$15/sqft |
Source: NYSAMLSs #B1156056 Report a problem | ||
| 10/26/2018 | Pending sale | $39,900$13/sqft |
Source: Hooper Realty #B1156056 Report a problem | ||
| 10/22/2018 | Listed for sale | $39,900$13/sqft |
Source: Hooper Realty #B1156056 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $39,000 |
| 2024 | -- | $39,000 |
| 2023 | -- | $39,000 |
| 2022 | -- | $39,000 |
| 2021 | -- | $39,000 |
| 2020 | -- | $39,000 |
| 2019 | -- | $39,000 |
| 2018 | -- | $39,000 |
| 2017 | $705 | $39,000 |
| 2016 | -- | $39,000 |
| 2015 | -- | $39,000 |
| 2014 | -- | $39,000 |
| 2013 | -- | $39,000 |
| 2012 | -- | $39,000 |
| 2011 | -- | $39,000 |
| 2010 | -- | $39,000 |
| 2009 | -- | $39,000 |
| 2008 | -- | $39,000 |
| 2007 | -- | $39,000 |
| 2006 | -- | $39,000 |
| 2005 | -- | $39,000 |
| 2004 | -- | $39,000 |
| 2003 | -- | $39,000 |
| 2002 | -- | $39,000 -13.1% |
| 2001 | -- | $44,900 |
| 2000 | -- | $44,900 |
Find assessor info on the county website
Neighborhood: 14301
Nearby homes
- $66,5003 bd1 ba1.5k sqft557 Memorial Pkwy, Niagara Falls, NY 14301Off Market
- $96,8006 bd3 ba2.2k sqft1101 Walnut Ave, Niagara Falls, NY 14301Off Market
- $--3 bd1 ba725 sqft1101 Walnut Ave #3, Niagara Falls, NY 14301Off Market
- $93,3004 bd1 ba1.5k sqft1111 Walnut Ave, Niagara Falls, NY 14301Off Market
- $77,3003 bd1 ba2.2k sqft555 Memorial Pkwy, Niagara Falls, NY 14301Off Market
- $4,2004 bd1 ba2.6k sqft551 Memorial Pkwy, Niagara Falls, NY 14301Off Market
- $3,1005 bd3 ba2.5k sqft1115 Walnut Ave, Niagara Falls, NY 14301Off Market
- $88,9006 bd2 ba2.3k sqft549 Memorial Pkwy, Niagara Falls, NY 14301Off Market
Nearby schools
GreatSchools rating
- 4/10Harry F Abate Elementary SchoolGrades: 2-6Distance: 0.7 mi
- 3/10Gaskill Preparatory SchoolGrades: 7-8Distance: 1.2 mi
- 3/10Niagara Falls High SchoolGrades: 9-12Distance: 2 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.
- New York
- Niagara County
- Niagara Falls
- 14301
- 561 Memorial Pkwy
Nearby cities
Nearby zip codes
Other Niagara Falls Topics
