552 24th Street
Niagara Falls, NY, 14301
$385,000
12 Beds
4 Baths
3,024 SqFt
0.5 Acres
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MLS #B1672675 image #0
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.

Property Details

Price:
$385,000
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
FourplexNiagara Falls-city-291100Niagarafallscity291100Mile ReserveNiagara FallsProbate

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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

Subdivisions in Niagara Falls

Market Summary

Current real estate data for Multi Family in Niagara Falls as of Apr 23, 2026
75
Multi Family Listed
107
Avg DOM
72
Avg $ / SqFt
$197,541
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 $385,000 To schedule a showing of MLS#b1672675 at 552 24th Street in Niagara Falls, NY, contact your Concrete Jungle Realty agent at 3472420937.

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