Exceptional investment opportunity!
Incredible investment opportunity! This massive 4-unit property features three 3-bedrooms and one 2-bedroom units and over 6,012 square feet according to tax records. The property is fully occupied and offers separate utilities, providing immediate rental income for investors.
Each unit has separate furnaces and hot water tanks located in the basement, along with dedicated storage areas for tenants. One unit features a new hot water tank, and most mechanicals are newer.
All units have updated electrical panels.
While the property could benefit from some cosmetic updates, it is priced accordingly, making it an excellent value for investors.
All four units are currently occupied, and the tenants would like to remain, offering immediate rental income from day one.
Incredible investment opportunity! This massive 4-unit property features three 3-bedrooms and one 2-bedroom units and over 6,012 square feet according to tax records. The property is fully occupied and offers separate utilities, providing immediate rental income for investors.
Each unit has separate furnaces and hot water tanks located in the basement, along with dedicated storage areas for tenants. One unit features a new hot water tank, and most mechanicals are newer.
All units have updated electrical panels.
While the property could benefit from some cosmetic updates, it is priced accordingly, making it an excellent value for investors.
All four units are currently occupied, and the tenants would like to remain, offering immediate rental income from day one.
Property Details
Price:
$235,000
MLS #:
B1663817
Status:
Active
Beds:
11
Baths:
4
Type:
Multi Family
Subtype:
MultiFamily
Subdivision:
Mile Reserve
Neighborhood:
niagarafallscity291100
Listed Date:
Mar 4, 2026
Finished Sq Ft:
6,012
Total Sq Ft:
6,012
Lot Size:
3,127 sqft / 0.07 acres (approx)
Year Built:
1928
Units:
4
See this Listing
Schools
School District:
Niagara Falls
Interior
Appliances
Gas Water Heater
Bathrooms
4 Full Bathrooms
Flooring
Hardwood, Luxury Vinyl, Varies
Heating
Gas, Forced Air
Laundry Features
Washer Hookup
Levels
Two
Exterior
Architectural Style
Fourplex
Construction Materials
Brick, Pex Plumbing
Exterior Features
Balcony
Lot Features
Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Parking Features
Two Or More Spaces, Garage
Patio And Porch Features
Balcony
Roof
Asphalt
Stories
2
Financial
Taxes
$2,739
Map
Community
- Address1158 Ontario Avenue Niagara Falls NY
- SubdivisionMile Reserve
- CityNiagara Falls
- CountyNiagara
- Zip Code14305
Subdivisions in Niagara Falls
- Bellevue
- Building
- Chapin Place
- City/ Niagara Falls
- City/Niagara Falls
- Clarksville
- Cudaback & Cary
- Division/Mckoon Add
- Echota Land Company Sub
- Evershed
- Fi Pierce Sub
- Gerbasi
- Grove Ave
- H M Lymburners
- Heirs/A Agustus Porter Sh
- Highland Place
- Holland Land Companys
- Holland Land Companys Lan
- Holland Land Companys Pur
- Holland Land Cos Purchase
- Holland Land Purchase
- Holland Land Purchase Sub
- Holland Lane Purchase
- Holland Purchase
- Hopkins Avenue
- Hyde Park Blvd
- Julius Frebass
- Julius Frehsee
- Julius Frehsee Ce
- Lamont & Lammerts
- Max M Oppenheim
- Mckoon
- Mckoon Add
- Mile Reservation
- Mile Reserve
- Mile Reserve John C Lamme
- Mile Reseve
- Milo Reservation
- New York Mile Reserve
- New York State Mile Reser
- New York State Reservatio
- Niagara & Pennsylvania Re
- Niagara Falls
- Niagara View
- Niagara View Add
- Nigara View
- Parkway Condo
- Part/Mckoon Resub Add
- Portage Heights
- Prepared Warner Bros & Sc
- Property/Tomlinson & Pott
- Re Sub/Bldg/80 01 Street
- Riverview
- Sec 66
- Section 13063
- Section 14441
- Section 14448
- Section 14450
- Section 14455
- Section 14475
- Section 14483
- Section 159
- Section 15921
- Section 15926
- Section 15931
- Section 15941
- Section 15949
- Stadman Farm
- Steadman Farm
- Stedman Farm
- Stedman Farm 03 Prcl D
- Stedman Farm Prcl D 03
- Stedman Farms
- Studman Farm
- Suspension
- Sutton Place Condo
- T M Calladine Prop
- Thomas E Clarks Prop
- Townsands Niagara Falls R
- Township 13
- U S Department/Labor
- Uriah Binkley Estate
- Ward 12 Pro 1657
- Wc Johnson
Market Summary
Current real estate data for Multi Family in Niagara Falls as of Sep 01, 2026
126
Multi Family Listed
86
Avg DOM
63
Avg $ / SqFt
$168,234
Avg List Price
Property Summary
- Located in the Mile Reserve subdivision, 1158 Ontario Avenue Niagara Falls NY is a Multi Family for sale in Niagara Falls, NY, 14305. It is listed for $235,000
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Courtesy of WNY Metro Roberts Realty. 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. 1158 Ontario Avenue
Niagara Falls, NY