Great investment opportunity in Niagara Falls! This solid brick triplex features a 2/2/1 unit configuration and offers approximately 2,199 square feet of living space. The property presents strong income potential for investors or an owner-occupant interested in generating rental income.
The property offers functional layouts throughout and sits on a lot measuring approximately 8,712 square feet. Conveniently located near shopping, dining, parks, and major attractions including Niagara Falls State Park and the Niagara Fashion Outlets. Easy access to the Lewiston-Queenston Bridge and Grand Island Bridge, making commuting to Buffalo and surrounding areas convenient.
The property offers functional layouts throughout and sits on a lot measuring approximately 8,712 square feet. Conveniently located near shopping, dining, parks, and major attractions including Niagara Falls State Park and the Niagara Fashion Outlets. Easy access to the Lewiston-Queenston Bridge and Grand Island Bridge, making commuting to Buffalo and surrounding areas convenient.
Property Details
Price:
$199,900
MLS #:
B1659548
Status:
Active
Beds:
5
Baths:
3
Type:
Multi Family
Subtype:
MultiFamily
Subdivision:
City/Niagara Falls
Neighborhood:
niagarafallscity291100
Listed Date:
Feb 4, 2026
Finished Sq Ft:
2,199
Total Sq Ft:
2,199
Lot Size:
8,712 sqft / 0.20 acres (approx)
Year Built:
1894
Units:
3
See this Listing
Schools
School District:
Niagara Falls
Interior
Appliances
Gas Water Heater
Bathrooms
3 Full Bathrooms
Flooring
Carpet, Hardwood, Varies
Heating
Gas, Forced Air
Exterior
Architectural Style
Triplex
Construction Materials
Brick, Composite Siding, Other
Parking Features
No Driveway
Financial
Taxes
$2,323
Map
Community
- Address531 16th Street Niagara Falls NY
- SubdivisionCity/Niagara Falls
- CityNiagara Falls
- CountyNiagara
- Zip Code14301
Subdivisions in Niagara Falls
- 104th Street
- Asher T Cudaback
- Bellevue
- Bellievue
- Buffalo Ave & Sub
- Building
- Building Ind
- Cayuga Island
- Chapin Place
- Church Ave
- City/Niagara
- City/Niagara Falls
- Clarksville
- Cleveland Ave
- College Croft
- College-Croft
- County/Niagara
- Cudaback & Cary
- Evershed
- Fort Ave
- Green Mdws 02
- Heirs/A Agustus Porter Sh
- Highland Add
- Holland Companys Purchase
- Holland Land Co
- Holland Land Co Purchase
- Holland Land Companys Pur
- Holland Land Companys Sru
- Holland Land Cos Purchase
- Holland Land Purchase
- Holland Land Purchase 228
- Holland Lane Purchase
- Holland Purchase
- Hyde Park Blvd
- J Schiebels
- Jacob F Schoellkop
- Julius Frehsee
- Lands/Civic Land Corp C
- Lasalle Ave
- Lasalle Cayuga Inc
- LHolland Land Companysan
- Map Prepared Warner Altma
- Map/Bldgs Lts
- Max M Oppenheim
- Mckoon Add
- Mile Reservation
- Mile Reserve
- Mile Reserve I
- Mile Reserve Subdivided
- Myron H Kinsley
- New York Mile Reserve
- New York St Mile Reservat
- New York State Mile Reser
- New York State Reservatio
- Niagara
- Niagara County Clerks Off
- Niagara Falls
- Niagara Falls Village
- Niagara River Reservation
- Niagara View
- Niagara View Add
- North Side/Pk View Drive
- Nussbaums
- Parkway Condo
- Part/City/Niagara Falls
- Part/Mckoon Resub Add
- Property Robinson Land Co
- Re Sub/Bldg/80 01 Street
- Riverpark Condo
- Riverview
- Sec 14470
- Sec 160
- Section 144
- Section 14450
- Section 14454
- Section 14457
- Section 14462
- Section 14475
- Section 14481
- Section 15921
- Section 15926
- Section 15931
- Section 15937
- Section 15940
- Section 15949
- Silberbergs & Warners
- Situate/The City/Niagara
- State Reservation
- Steadman Farm
- Stedman Farm
- Stedman Farm Pt 03
- Stedman Farm Resub
- Stedman Farms
- Suspension
- Townsands Niagara Falls R
- Township 13
- U S Department/Labor
- Uriah Binkley Estate
- Village/Bellevue
- Village/Bellvue
- Village/Clarksville
- Village/Niagara Falls
- Ward 12 Pro 1657
- Wc Johnson
Market Summary
Current real estate data for Multi Family in Niagara Falls as of Mar 07, 2026
71
Multi Family Listed
111
Avg DOM
71
Avg $ / SqFt
$175,196
Avg List Price
Property Summary
- Located in the City/Niagara Falls subdivision, 531 16th Street Niagara Falls NY is a Multi Family for sale in Niagara Falls, NY, 14301. It is listed for $199,900 To schedule a showing of MLS#b1659548 at 531 16th Street in Niagara Falls, NY, contact your Concrete Jungle Realty agent at 3472420937.
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Courtesy of Red Door Real Estate WNY LLC. 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 Concrete Jungle Realty include the name of the listing broker. Neither the listing company nor Concrete Jungle Realty 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. 531 16th Street
Niagara Falls, NY