2 buildings, 7 units. 1 parcel.1703–1705 Pierce Avenue presents an income-producing multifamily investment in Niagara Falls with $69,000 in annual scheduled gross rental income.
The property includes a five-unit building and a separate two-unit building, July 2026 rent roll lists tenants in all seven units, at approximately $67,857 per unit, the offering provides an accessible opportunity to acquire multiple rental income streams in one transaction.
Updated utilities and separate meters for each apartment support efficient management, while interior improvements include refreshed paint, cabinetry, and flooring. A large garage adds flexibility for storage or potential additional rental income.
Conveniently located near Niagara Falls State Park, Canadian border crossings, downtown attractions, shopping, and employment centers, the property offers access to both everyday amenities and the region’s tourism economy. Continued investment in Niagara Falls housing, mixed-use redevelopment, and public spaces adds context for buyers considering a long-term foothold in the market.
With an established rent roll, two separate structures, and versatile garage space, 1703–1705 Pierce Avenue offers a practical opportunity to expand a rental portfolio in Western New York.
The property includes a five-unit building and a separate two-unit building, July 2026 rent roll lists tenants in all seven units, at approximately $67,857 per unit, the offering provides an accessible opportunity to acquire multiple rental income streams in one transaction.
Updated utilities and separate meters for each apartment support efficient management, while interior improvements include refreshed paint, cabinetry, and flooring. A large garage adds flexibility for storage or potential additional rental income.
Conveniently located near Niagara Falls State Park, Canadian border crossings, downtown attractions, shopping, and employment centers, the property offers access to both everyday amenities and the region’s tourism economy. Continued investment in Niagara Falls housing, mixed-use redevelopment, and public spaces adds context for buyers considering a long-term foothold in the market.
With an established rent roll, two separate structures, and versatile garage space, 1703–1705 Pierce Avenue offers a practical opportunity to expand a rental portfolio in Western New York.
Property Details
Price:
$475,000
MLS #:
B1721326
Status:
Active
Beds:
4
Baths:
0
Type:
Multi Family
Subtype:
Other
Subdivision:
Mile Reserve
Neighborhood:
niagarafallscity291100
Listed Date:
Oct 12, 2026
Finished Sq Ft:
8,527
Total Sq Ft:
8,527
Lot Size:
9,315 sqft / 0.21 acres (approx)
Year Built:
1948
Units:
7
See this Listing
Schools
School District:
Niagara Falls
Interior
Appliances
Free Standing Range, Gas Water Heater, Oven, Refrigerator
Flooring
Carpet, Luxury Vinyl, Varies
Heating
Gas, Forced Air
Levels
Two
Exterior
Community Features
None
Construction Materials
Brick, Vinyl Siding
Lot Features
Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Parking Features
Three Or More Spaces, Driveway, No Garage
Roof
Asphalt
Stories
2
Financial
Taxes
$4,883
Map
Community
- Address1703 Pierce Avenue Niagara Falls NY
- SubdivisionMile Reserve
- CityNiagara Falls
- CountyNiagara
- Zip Code14301
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 Oct 13, 2026
134
Multi Family Listed
97
Avg DOM
63
Avg $ / SqFt
$171,642
Avg List Price
Property Summary
- Located in the Mile Reserve subdivision, 1703 Pierce Avenue Niagara Falls NY is a Multi Family for sale in Niagara Falls, NY, 14301. It is listed for $475,000
Similar Listings Nearby
Courtesy of Howard Hanna WNY Inc.. 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. 1703 Pierce Avenue
Niagara Falls, NY

