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.
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.
Property Details
Price:
$350,000
MLS #:
B1672675
Status:
Active
Beds:
12
Baths:
4
Type:
Multi Family
Subtype:
MultiFamily
Subdivision:
Mile Reserve
Neighborhood:
niagarafallscity291100
Listed Date:
Apr 13, 2026
Finished Sq Ft:
3,024
Total Sq Ft:
3,024
Lot Size:
21,700 sqft / 0.50 acres (approx)
Year Built:
1918
Units:
4
See this Listing
Schools
School District:
Niagara Falls
Interior
Appliances
Gas Water Heater
Bathrooms
4 Full Bathrooms
Flooring
Carpet, Hardwood, Varies
Heating
Gas, Forced Air
Interior Features
Natural Woodwork
Exterior
Architectural Style
Fourplex
Construction Materials
Composite Siding, Copper Plumbing
Exterior Features
Fully Fenced, Fence
Fencing
Full, Partial
Garage Spaces
2
Lot Features
Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Parking Features
Gravel, Parking Available, Two Or More Spaces, Garage Door Opener
Roof
Asphalt
Financial
Taxes
$1,780
Map
Community
- Address552 24th Street 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 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, 552 24th Street Niagara Falls NY is a Multi Family for sale in Niagara Falls, NY, 14301. It is listed for $350,000
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Courtesy of Iconic Real Estate. 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. 552 24th Street
Niagara Falls, NY

