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.
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.
Property Details
Price:
$199,900
MLS #:
B1659548
Status:
Active
Beds:
5
Baths:
3
Type:
Multi Family
Subtype:
MultiFamily
Subdivision:
City/Niagara Falls
Neighborhood:
niagarafallscity291100
Listed Date:
Feb 4, 2026
Finished Sq Ft:
2,199
Total Sq Ft:
2,199
Lot Size:
8,712 sqft / 0.20 acres (approx)
Year Built:
1894
Units:
3
See this Listing
Schools
School District:
Niagara Falls
Interior
Appliances
Gas Water Heater
Bathrooms
3 Full Bathrooms
Flooring
Carpet, Hardwood, Varies
Heating
Gas, Forced Air
Exterior
Architectural Style
Triplex
Construction Materials
Brick, Composite Siding, Other
Parking Features
No Driveway
Financial
Taxes
$2,323
Map
Community
- Address531 16th Street Niagara Falls NY
- SubdivisionCity/Niagara Falls
- CityNiagara Falls
- CountyNiagara
- Zip Code14301
Subdivisions in Niagara Falls
- 104th Street
- Bellevue
- Bellievue
- Buffalo Ave & Sub
- Building
- Chapin Place
- Church Ave
- City/Niagara Falls
- Clarksville
- College Croft
- College-Croft
- Cudaback & Cary
- Eighty 01 Street
- Fort Ave
- Frontenac Street
- Green Mdws 02
- Grove Ave
- Heirs/A Agustus Porter Sh
- Henry T Allen
- Highland Add
- Holland Companys Purchase
- Holland Land Co
- Holland Land Co Purchase
- Holland Land Companys Pur
- Holland Land Companys Sru
- Holland Land Purchase
- Holland Land Purchase 228
- Holland Land Purchase Sub
- Holland Lane Purchase
- Holland Purchase
- Holland Purchase/In/Niag
- Hyde Park
- Hyde Park Blvd
- J Schiebels
- Jewett Add
- Julius Frehsee
- Julius Frehsee Ce
- Laffl
- Lands/Civic Land Corp C
- Lasalle Ave
- Map Prepared Warner Altma
- Map/Bldgs Lts
- Max M Oppenheim
- Mayle Acres Rev
- Mckoon Add
- Mile Reservation
- Mile Reserve
- Mile Reserve I
- Mile Reserve Subdivided
- New York Mile Reserve
- New York State Mile Reser
- New York State Reservatio
- Niagara Falls
- Niagara River Reservation
- Niagara View
- Niagara View Add
- Parkway Condo
- Part/46 Mile Reservation
- Part/City/Niagara Falls
- Portage Heights
- Prepared Warner Bros & Sc
- Property Robinson Land Co
- Property/Maria V Tompkins
- Property/W J Robido & D W
- Re Sub/Bldg/80 01 Street
- Riverpark Condo
- Riverview
- Sec 144
- Sec 160
- Section 14455
- Section 14475
- Section 14481
- Section 15921
- Section 15926
- Section 15931
- Section 15949
- Steadman Farm
- Steadman Farms
- Stedman Farm
- Stedman Farm 03 Prcl D
- Stedman Farm Prcl D 03
- Stedman Farm Prcl D-3
- Stedman Farm Pt 03
- Stedman Farm Resub
- Studman Farm
- Suspension
- Thomas E Clarks Prop
- Townsands Niagara Falls R
- Township 13
- Tronolone Place
- U S Department/Labor
- Uriah Binkley Estate
- Village/Bellvue
- Village/Clarksville
- Village/Niagara Falls
- Ward 12 Pro 1657
- Wc Johnson
Market Summary
Current real estate data for Multi Family in Niagara Falls as of Feb 05, 2026
71
Multi Family Listed
103
Avg DOM
70
Avg $ / SqFt
$167,163
Avg List Price
Property Summary
- Located in the City/Niagara Falls subdivision, 531 16th Street Niagara Falls NY is a Multi Family for sale in Niagara Falls, NY, 14301. It is listed for $199,900
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Courtesy of Red Door Real Estate WNY LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the New York State Alliance of MLSs. Detailed information about real estate listings held by brokerage firms other than Michael Paduano include the name of the listing broker. Neither the listing company nor Michael Paduano shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. New York State Alliance of MLSs. All rights reserved. 531 16th Street
Niagara Falls, NY