Duplex
541 16th St · Niagara Falls, NY
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $691 – $1,283
Heat risk 2/10 · Minimal
- Hot days now (above 94°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the A grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +30.0/30.0
- ARV discount +15.0/15.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Appreciation +10.0/10.0
- Rent growth +4.7/5.0
- Schools +3.6/10.0
- Livability +3.0/5.0
- Condition / age +2.2/5.0
$82,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Multi-family units
County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed
Listing remarks MLS
2- unit brick and vinyl sided property within walking steps to Pine Avenue, dining, shopping, Metro. Lower unit is empty and needs TLC as former tenant let his dogs wreak havoc while he was at work. Upper is a 1 bedroom, newly painted and carpeted with bonus sunroom. Current rent is $850.
Key facts
- Metro
- Bonus sunroom
- Shopping
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1×3bd/2.0ba + 1×1bd/1.0ba units multifamily listed at $82k. Condition is rated fair.
Deal economics
- At list price, monthly cash flow is $1k ($13k/yr) — positive. Per door: $544/mo.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $82k).
- Recommended offer: $72k (12.0% below list) — sets the bar for market timing.
- Cap rate 22.2% vs local median 8.1% in Niagara Falls — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 60/100 on livability (#956 in NY) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime F, amenities F, commute F.
- Niagara Falls City School District (urban): math 26% / reading 34% proficiency, ranked #578 of 590 in NY (top 98%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
- Zoned schools: Bloneva Bond Primary School (math 2% / reading 17%, grade F, #2,075 of 2,108 statewide, top 99%, 403 students, 82% FRL); Gaskill Preparatory School (math 10% / reading 22%, grade F, #702 of 729 statewide, top 96%, 500 students, 78% FRL); Niagara Falls High School (math 75% / reading 92%, grade A, #409 of 1,100 statewide, top 39%, 2,139 students, 71% FRL).
- Market conditions: Rents rising fast (+8.8%/yr); 204 active listings in the ZIP; 26 comparable units currently listed for rent nearby; rentals lingering (median 53d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 73% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 167 units permitted in Niagara County in 2024 (0 in 5+ unit buildings).
Forward outlook
- In year one you build about $9k of equity ($567 loan paydown + $8k appreciation (10.0% local appreciation)).
- Niagara County population projected at -19% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
- At projected returns (10.0% appreciation + 8.0% rent growth), your $23k cash investment doubles in ~2 years — after that, you're playing with house money.
- By year 4, paydown + projected appreciation supports a ~$31k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 133 days — a 12% lower offer ($72k) is reasonable based on typical stale-listing flexibility.
- 7 sale attempts since 9y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
- Current owner paid $39k; list at $82k implies a 110% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: property tax is 3.8% of price; built in 1925 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 133 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
- What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
- Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
- Built in 1925 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 2.80% ✓
- Cap rate
- 22.23%
- Cash-on-cash
- 56.90%
- DSCR
- 3.53
- GRM
- 3.0
CMA / ARV
- ARV (median comp)
- $156,233
- List price
- $82,000
- Delta
- -47.51%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 346 Portage Rd | 0.32mi | 3/2.0 | 1,940 (+0%) | 5mo | $142,500 | $73 | 80 |
| 2204 Woodlawn Ave | 0.56mi | 4/2.0 (+1) | 1,932 (-0%) | 0mo | $48,355 | $25 | 68 |
| 429 18th St | 0.25mi | 4/2.0 (+1) | 1,728 (-11%) | 1mo | $116,500 | $67 | 64 |
| 609 24th St | 0.49mi | 4/2.0 (+1) | 2,000 (+3%) | 6mo | $140,000 | $70 | 62 |
| 2459 La Salle Ave | 0.75mi | 4/2.0 (+1) | 1,920 (-1%) | 3mo | $160,000 | $83 | 56 |
| 2219 Cudaback Ave | 0.61mi | 4/2.0 (+1) | 2,000 (+3%) | 10mo | $80,000 | $40 | 53 |
| 1623 Linwood Ave | 0.74mi | 4/2.0 (+1) | 1,994 (+3%) | 4mo | $100,000 | $50 | 52 |
| 2615 Ferry Ave | 0.65mi | 4/2.0 (+1) | 1,848 (-4%) | 8mo | $115,000 | $62 | 51 |
| 1968 Cudaback Ave | 0.55mi | 4/3.0 (+1) | 1,848 (-4%) | 10mo | $20,000 | $11 | 50 |
| 1535 Pierce Ave | 0.62mi | 4/2.0 (+1) | 1,724 (-11%) | 4mo | $35,000 | $20 | 45 |
| 2455 La Salle Ave | 0.74mi | 4/2.0 (+1) | 2,152 (+11%) | 4mo | $112,000 | $52 | 38 |
| 2409 La Salle Ave | 0.67mi | 4/2.0 (+1) | 2,154 (+11%) | 8mo | $185,000 | $86 | 38 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
10.0% appreciation · 8.0% rent growth · sell at horizon
- IRR
- 73.9%
- Equity multiple
- 6.50×
- Total profit
- $126,275
- Equity at exit
- $73,872
- IRR
- 69.9%
- Equity multiple
- 16.14×
- Total profit
- $347,665
- Equity at exit
- $159,308
Cash invested: $22,960 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 15 Strongly Tenant-Friendly
- State New York
- 15 Strongly Tenant-Friendly · D+10
- County
- — inherits STATE
- City
- — inherits STATE
Active competition Active MLS
- For sale now
- 25 active · 18 under contract
- Months of supply
- 6.2 mo (16%/mo absorbed)
- Median asking
- $105,000 ($60/sqft)
- Median days on market
- 60 d
- This list price
- 16% of active listings are priced below it
- ARV vs active asking
- +35.3% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 14301
- Home prices YoY
- 6.2%
- Rents YoY
- 8.8%
- Active inventory
- 204
- Price-to-rent
- 5.7×
Monthly cashflow live
- Estimated rent
- $2,297 high interval (Pro) →
- Mortgage (P&I)
- −$430
- Tax from tax record
- −$262 /mo · $3,140/yr
- Insurance
- −$34
- HOA
- −$0
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$482
- Net cashflow
- $1,089
2-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 1× unit | 3 | 2 | $1,209 |
| 1× unit | 1 | 1 | $1,088 |
| Total (2 units) | $2,297 | ||
Break-even live
Sensitivity live
| Price | -10% $1,135 | -5% $1,112 | +0% $1,089 | +5% $1,066 | +10% $1,042 |
|---|---|---|---|---|---|
| Rent | -10% $907 | -5% $998 | +0% $1,089 | +5% $1,180 | +10% $1,270 |
| Rate | -1.0pp $1,130 | -0.5pp $1,110 | base $1,089 | +0.5pp $1,068 | +1.0pp $1,046 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $20,500
- Closing costs
- $2,460
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 547 19th St Niagara Falls, NY | 1.0 | 1.0 | 4783 | $900 | $0.19 | 51d | 1 | 0.17mi |
| 512 20th St Unit 5 Niagara Falls, NY | 2.0 | 1.0 | — | $850 | — | 93d | 1 | 0.22mi |
| 613 13th St Unit 1 Niagara Falls, NY | 2.0 | 1.0 | 750 | $900 | $1.20 | 35d | 1 | 0.23mi |
| 420 18th St Unit Upper Niagara Falls, NY | 2.0 | 1.0 | 816 | $1,150 | $1.41 | 93d | 1 | 0.27mi |
| 1192 Haeberle Ave Niagara Falls, NY | 2.0 | 1.0 | 920 | $1,300 | $1.41 | 35d | 1 | 0.28mi |
| 769 19th St Niagara Falls, NY | 2.0 | 1.5 | 960 | $1,400 | $1.46 | 70d | 1 | 0.33mi |
| 456 12th St Unit 3 Niagara Falls, NY | 2.0 | 1.0 | — | $800 | — | 73d | 1 | 0.35mi |
| 1761 Welch Ave Unit Upper Niagara Falls, NY | 2.0 | 1.0 | 988 | $1,000 | $1.01 | 19d | 1 | 0.37mi |
| 1793 Welch Ave Unit Upper Niagara Falls, NY | 2.0 | 1.0 | 802 | $1,000 | $1.25 | 47d | 1 | 0.39mi |
| 1780 Falls St Niagara Falls, NY | 2.0 | 1.0 | 1100 | $1,200 | $1.09 | 93d | 1 | 0.42mi |
| 1361 Ashland Ave Unit 1F Niagara Falls, NY | 1.0 | 1.0 | 3168 | $950 | $0.30 | 73d | 1 | 0.43mi |
| 434 23rd St Unit Upper Niagara Falls, NY | 2.0 | 1.0 | 816 | $1,100 | $1.35 | 63d | 1 | 0.43mi |
| 1533 La Salle Ave Unit Lower Niagara Falls, NY | 2.0 | 1.0 | 748 | $1,100 | $1.47 | 32d | 1 | 0.47mi |
| 2405 Grand Ave Unit Upper Niagara Falls, NY | 2.0 | 1.0 | 770 | $800 | $1.04 | 32d | 1 | 0.48mi |
| 455 24th St Unit 2 Niagara Falls, NY | 2.0 | 1.0 | 850 | $1,200 | $1.41 | 35d | 1 | 0.51mi |
| 487 25th St Niagara Falls, NY | 2.0 | 1.0 | — | $975 | — | 19d | 1 | 0.56mi |
| 2509 Ferry Ave Unit 2 Niagara Falls, NY | 1.0 | 1.0 | — | $750 | — | 52d | 1 | 0.56mi |
| 1808 Whitney Ave Unit 3 Niagara Falls, NY | 2.0 | 1.0 | 1200 | $900 | $0.75 | 93d | 1 | 0.56mi |
| 700 Pine Ave Unit 1 Niagara Falls, NY | 1.0 | 1.0 | 1075 | $1,075 | $1.00 | 61d | 1 | 0.63mi |
| 616 7th St Niagara Falls, NY | 2.0 | 1.0 | 770 | $1,150 | $1.49 | 17d | 1 | 0.64mi |
| 616 7th St Niagara Falls, NY | 2.0 | 1.0 | 770 | $1,150 | $1.49 | 73d | 1 | 0.64mi |
| 616 Niagara St Niagara Falls, NY | 1.0 | 1.0 | 750 | $1,288 | $1.72 | 11d | 1 | 0.69mi |
| 510 6th St Unit 3 Niagara Falls, NY | 1.0 | 1.0 | 950 | $900 | $0.95 | 93d | 1 | 0.71mi |
| 2498 Woodlawn Ave Niagara Falls, NY | 2.0 | 1.0 | 720 | $1,150 | $1.60 | 11d | 1 | 0.76mi |
| 2902 Pine Ave Unit 1B Niagara Falls, NY | — | 1.0 | 650 | $1,400 | $2.15 | 28d | 1 | 0.78mi |
| 2725 Niagara St Unit 3 Niagara Falls, NY | 1.0 | 1.0 | — | $1,000 | — | 66d | 1 | 0.79mi |
| 2473 Pierce Ave Unit 2 Niagara Falls, NY | 2.0 | 1.0 | 1000 | $1,200 | $1.20 | 52d | 1 | 0.82mi |
| 2743 Niagara St Unit 2 Niagara Falls, NY | 2.0 | 1.0 | — | $1,050 | — | 93d | 1 | 0.82mi |
| 463 3rd St Unit 6 Niagara Falls, NY | 1.0 | 1.0 | 600 | $1,250 | $2.08 | 93d | 1 | 0.88mi |
| 463 3rd St Unit 5 Niagara Falls, NY | 1.0 | 1.0 | 600 | $2,000 | $3.33 | 73d | 1 | 0.88mi |
| 530 Main St Unit 14 Niagara Falls, NY | 1.0 | 1.0 | 650 | $1,050 | $1.62 | 73d | 1 | 0.90mi |
| 714 Buffalo Ave Apt 5 Niagara Falls, NY | 1.0 | 1.0 | 528 | $850 | $1.61 | 52d | 1 | 0.91mi |
| 714 Buffalo Ave Unit 3 Niagara Falls, NY | 1.0 | 1.0 | 1000 | $1,200 | $1.20 | 93d | 1 | 0.91mi |
| 714 Buffalo Ave Unit 4 Niagara Falls, NY | 1.0 | 1.0 | 1000 | $1,000 | $1.00 | 93d | 1 | 0.91mi |
| 460 3rd St Niagara Falls, NY | 1.0 | 1.0 | 587 | $1,005 | $1.71 | 11d | 1 | 0.92mi |
| 2463 South Ave Niagara Falls, NY | 2.0 | 1.0 | 1008 | $1,100 | $1.09 | 66d | 1 | 1.05mi |
| 1817 Ontario Ave Unit 2 Niagara Falls, NY | 2.0 | 1.0 | 985 | $1,899 | $1.93 | 11d | 1 | 1.08mi |
| 1817 Ontario Ave Unit 1 Niagara Falls, NY | 2.0 | 1.0 | 999 | $1,899 | $1.90 | 11d | 1 | 1.08mi |
| 1312 Ontario Ave Niagara Falls, NY | 2.0 | 1.0 | 1956 | $1,200 | $0.61 | 93d | 1 | 1.11mi |
| 3626 Dudley Ave Niagara Falls, NY | 2.0 | 1.0 | 700 | $1,250 | $1.79 | 93d | 1 | 1.18mi |
Listing history 50 events
-
2026-08-08days on market $82,000 Active 133 DOM
-
2026-08-07days on market $82,000 Active 132 DOM
-
2026-08-06days on market $82,000 Active 131 DOM
-
2026-08-05days on market $82,000 Active 130 DOM
-
2026-08-04days on market $82,000 Active 129 DOM
-
2026-08-03days on market $82,000 Active 128 DOM
-
2026-07-31days on market $82,000 Active 125 DOM
-
2026-07-30days on market $82,000 Active 124 DOM
-
2026-07-30days on market $82,000 Active 123 DOM
-
2026-07-28days on market $82,000 Active 122 DOM
-
2026-07-26days on market $82,000 Active 120 DOM
-
2026-07-24days on market $82,000 Active 118 DOM
-
2026-07-23days on market $82,000 Active 117 DOM
-
2026-07-22days on market $82,000 Active 116 DOM
-
2026-07-21days on market $82,000 Active 115 DOM
-
2026-07-20days on market $82,000 Active 114 DOM
-
2026-07-18days on market $82,000 Active 112 DOM
-
2026-07-18days on market $82,000 Active 111 DOM
-
2026-07-16days on market $82,000 Active 110 DOM
-
2026-07-15days on market $82,000 Active 109 DOM
-
2026-07-14days on market $82,000 Active 108 DOM
-
2026-07-13days on market $82,000 Active 107 DOM
-
2026-07-13days on market $82,000 Active 106 DOM
-
2026-07-11days on market $82,000 Active 105 DOM
-
2026-07-10days on market $82,000 Active 104 DOM
-
2026-07-09days on market $82,000 Active 103 DOM
-
2026-07-07days on market $82,000 Active 101 DOM
-
2026-07-06days on market $82,000 Active 100 DOM
-
2026-07-05days on market $82,000 Active 99 DOM
-
2026-07-03days on market $82,000 Active 97 DOM
-
2026-07-02days on market $82,000 Active 96 DOM
-
2026-07-01days on market $82,000 Active 95 DOM
-
2026-06-30days on market $82,000 Active 94 DOM
-
2026-06-29days on market $82,000 Active 93 DOM
-
2026-06-28days on market $82,000 Active 92 DOM
-
2026-06-27days on market $82,000 Active 91 DOM
-
2026-06-27days on market $82,000 Active 90 DOM
-
2026-06-25days on market $82,000 Active 88 DOM
-
2026-06-22days on market $82,000 Active 86 DOM
-
2026-06-21days on market $82,000 Active 85 DOM
-
2026-06-18days on market $82,000 Active 82 DOM
-
2026-06-17days on market $82,000 Active 81 DOM
-
2026-06-16days on market $82,000 Active 80 DOM
-
2026-06-15days on market $82,000 Active 79 DOM
-
2026-06-13days on market $82,000 Active 77 DOM
-
2026-06-13days on market $82,000 Active 76 DOM
-
2026-06-10days on market $82,000 Active 74 DOM
-
2026-06-09days on market $82,000 Active 73 DOM
-
2026-06-08pricedays on market $82,000 Active 72 DOM
-
2026-06-07days on market $85,000 Active 71 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast NY · Partial reset (capped growth)
- Current annual tax
- $3,140 · $262/mo
- Projected year-2 tax
- $3,140 · $262/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 2/10 Low 7 d/yr ≥94°F today · 15 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $27,564
- − Mortgage interest
- −$4,593
- − Property taxes
- −$3,140
- − Insurance
- −$410
- − Repairs & maintenance
- −$2,205
- − Management
- −$2,205
- − Depreciation
- −$2,385
- Taxable income
- $12,625
- Est. tax owed @ 24.0%
- −$3,030
- After-tax cash flow
- $10,035/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Condition & rehab AI · 3 photos
This 2-unit property requires significant repairs and maintenance, particularly on the lower unit, to improve its condition and value. The upper unit is in better condition but still needs some updates.
Deferred maintenance Est. $50,000–$150,000 screening
- Major Roof (roof) — The roof appears to be old and possibly leaking, as evidenced by the wet spots on the ground.
- Major Windows (windows) — The windows seem to be old and possibly in need of replacement, as they appear to be in poor condition.
- Major Electrical (electrical) — The electrical panel appears to be old and possibly in need of replacement, as it is not visible and the house is in need of major repairs.
- Major Plumbing (plumbing) — The plumbing appears to be old and possibly in need of replacement, as the house is in need of major repairs.
- Major Exterior (exterior) — The exterior of the house appears to be in poor condition, with peeling paint and possibly structural issues.
Repairs flagged
- Major Lower unit exterior — Significant wear and tear on the exterior of the lower unit.
- Major Lower unit roof — The roof appears aged and may need replacement.
- Major Lower unit windows — Windows may need replacement or caulking to prevent water infiltration.
- Major Lower unit flooring — The lower unit is described as needing TLC, implying significant damage to the flooring.
Value-add opportunities
- Resale Paint the exterior of the lower unit — Fresh paint can significantly improve the curb appeal and resale value. ↑
- Resale Replace the lower unit roof — A new roof will address a major issue and improve the home's overall condition. ↑
- Resale Replace lower unit windows — New windows will improve energy efficiency and the home's overall appearance. ↑
- Rental Repair lower unit flooring — A functional and safe floor will attract tenants and improve the rental experience. ↑
ⓘ Rehab cost is a screening estimate — Moderate scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
Schools (NCES district)
- District
- Niagara Falls City School District
- NCES district ID
- 3620820
- Math proficiency
- 26% ▼ -10.00%
- Reading proficiency
- 34% ▲ 3.00%
- Median HH income
- $32,488
- Composite
- 24.5/100
- National rank
- #7655
- State rank
- #578 of 590 in NY
Livability — Niagara Falls
- Score
- 60/100
- State rank
- #956
- US rank
- #18749
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Niagara Falls, NY
- County
- Niagara County · 204,149 people
- City population
- 62,983
- Metro
- Buffalo-Cheektowaga, NY
- Population (ZIP)
- 10,923
- Household income
- $34,549
- Rent vs Own
- Severe rent burden
- 16% of renters
Population outlook (Niagara County) Hauer SSP2
- Today (2025)
- 204,149 people
- By 2030
- 197,900 · -3.1%
- By 2040
- 182,239 · -10.7%
- By 2050
- 165,198 · -19.1%
- By 2075
- 129,416 · -36.6%
- By 2100
- 96,222 · -52.9%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.58)
- Race & ethnicity
- White 59% Black 25% Two or more races 8% Hispanic / Latino 8% Asian 2%
- Hispanic origin (detail)
- Puerto Rican 3% Cuban 2%
- Common ancestry
- Romanian 6% Slovak 2% Lithuanian 1%
- Foreign-born
- 5% · Canada, China, Dominican Republic
- Languages at home
- 90% English-only · Spanish 6% Other Indo-European 3% Chinese 1%
Political lean MEDSL · Niagara
- 2024 margin
- R (+14.9) · D 42.5% · R 57.5%
- 2008→2024 swing
- -15.9pp toward R · 2008: 1.0pp · 2024: -14.9pp
- All cycles
- 2024: R+14.9 2020: R+9.7 2016: R+19.0 2012: D+0.6 2008: D+1.0
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▲ 15.41%
- Current HPI
- 266.1457
- Rent YoY
- ▲ 8.79%
- Metro
- Buffalo-Cheektowaga, NY
- State GDP YoY
- ▲ 2.60%
- F500 in state
- 92
Industry mix (Fortune 500 HQ in NY)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Financial Services | 10 | $950B |
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| Consumer Goods | 9 | $162B |
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| Insurance | 4 | $225B |
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| Telecommunications | 2 | $144B |
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| Pharmaceuticals | 2 | $112B |
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| Media / Entertainment | 2 | $69B |
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Price history
+142.9% since first listed25 events — show timeline
- 2026-03-28 Listed $85,000 WNYREIS
- 2025-12-09 Listing Removed — WNYREIS
- 2025-10-27 Price Changed $145,000 WNYREIS
- 2025-10-03 Price Changed $149,900 WNYREIS
- 2025-09-16 Price Changed $150,000 WNYREIS
- 2025-09-09 Listed $155,000 WNYREIS
- 2025-05-29 Listing Removed — WNYREIS
- 2025-05-25 Price Changed $132,000 WNYREIS
- 2025-05-08 Relisted — WNYREIS
- 2025-04-14 Listed $133,000 WNYREIS
- 2018-06-06 Sold (MLS) $39,000 WNYREIS
- 2018-03-17 Pending — WNYREIS
- 2018-03-07 Relisted — WNYREIS
- 2018-02-20 Pending — WNYREIS
- 2018-02-15 Price Changed $44,000 WNYREIS
- 2018-02-02 Price Changed $47,000 WNYREIS
- 2018-01-18 Listed $49,000 WNYREIS
- 2017-12-11 Listing Removed — WNYREIS
- 2017-06-29 Price Changed $44,000 WNYREIS
- 2017-06-22 Price Changed $48,000 WNYREIS
- 2017-03-06 Price Changed $50,500 WNYREIS
- 2017-01-18 Listed $54,900 WNYREIS
- 2012-08-01 Sold (Public Records) $28,000 Public Records
- 2012-08-01 Sold (Public Records) $28,000 Public Records
- 1998-08-27 Sold (Public Records) $35,000 Public Records
Property tax history
+3.4%/yrLatest (2025): $3,140 · +11.4% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…