MP Home Team

628 9th Street
Niagara Falls, NY, 14301
$1,430,000
42 Beds
0 Baths
31,464 SqFt
0.5 Acres
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MLS #B1635438 image #0
Investor Opportunity – 42-Unit Redevelopment in Prime Downtown Niagara Falls 628 9th Street, Niagara Falls, NY Exceptional opportunity to acquire a 42-unit multifamily asset located in the heart of downtown Niagara Falls Situated directly across from a major hospital, one block from the courthouse, and minutes from Niagara Falls State Park, this property offers unparalleled proximity to major employers, infrastructure, and one of the world’s top tourist destinations. This partially completed redevelopment project is primed for a new investor to step in and capitalize. All preliminary work has been professionally completed, including: Environmental study Interior demolition & cleanup Rough plumbing Third-party appraisal This project offers flexibility for a range of investment strategies—long-term rentals, short-term furnished units, or mixed-use potential. Property Highlights: 42 units Prime downtown location in a high-demand rental corridor Strong tenant base from nearby hospital, courthouse, and tourism industry High upside for cash flow and equity growth Limited downtown inventory = competitive advantage Ideal for 1031 exchange or portfolio expansion Unlock substantial value-add potential in one of Western New York’s fastest-growing markets. All the groundwork is done—bring your vision and complete the project. Offered As-Is. Serious Inquiries Only. There is a current accepted offer that can be cancelled unilaterally by the seller if there is a satisfactory offer.

Property Details

Price:
$1,430,000
MLS #:
B1635438
Status:
Active
Beds:
42
Baths:
0
Type:
Single Family
Subtype:
Other
Subdivision:
Mile Reserve
Neighborhood:
niagarafallscity291100
Listed Date:
Sep 10, 2025
Finished Sq Ft:
31,464
Total Sq Ft:
31,464
Lot Size:
21,780 sqft / 0.50 acres (approx)
Year Built:
1958
Niagara Falls-city-291100Niagarafallscity291100Mile ReserveNiagara FallsProbate

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Schools

School District:
Niagara Falls

Interior

Appliances
Gas Water Heater
Cooling
Other, See Remarks
Flooring
Other, See Remarks, Tile, Varies, Vinyl
Heating
Other, See Remarks

Exterior

Community Features
Other, Storage Facilities, See Remarks
Construction Materials
Block, Concrete
Parking Features
Driveway, No Garage
Roof
Flat, Membrane, Rubber

Financial

Taxes
$13,696

Map

Community

Subdivisions in Niagara Falls

Market Summary

Current real estate data for Single Family in Niagara Falls as of Feb 06, 2026
153
Single Family Listed
110
Avg DOM
98
Avg $ / SqFt
$143,949
Avg List Price

Property Summary

    Located in the Mile Reserve subdivision, 628 9th Street Niagara Falls NY is a Single Family for sale in Niagara Falls, NY, 14301. It is listed for $1,430,000 and features 42 beds, 0 baths, and has approximately 31,464 square feet of living space, and was originally constructed in 1958. The current price per square foot is $45. The average price per square foot for Single Family listings in Niagara Falls is $98. The average listing price for Single Family in Niagara Falls is $143,949.

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628 9th Street
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