474 22nd Street
Niagara Falls, NY, 14303
$164,900
3 Beds
2 Baths
1,512 SqFt
0.09 Acres
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MLS #B1673119 image #0
Turnkey, income-producing all-brick 2-unit in Niagara Falls generating strong cash flow from day one! This solid investment features a 2-bedroom, 1-bath unit currently rented for $1,200/month and a 1-bedroom, 1-bath unit rented for $950/month—bringing in $2,150/month ($25,800 annually) in gross rental income. Both units have been updated with newer flooring throughout, along with modernized kitchens and bathrooms, offering a clean, low-maintenance setup that attracts and retains quality tenants. The property also features updated electrical, adding another layer of value and peace of mind for the next owner. Current tenants are reliable, in place, and would love to stay—providing immediate stability and eliminating turnover risk. The all-brick exterior ensures long-term durability and reduced maintenance costs, making this a strong, efficient addition to any investment portfolio. With solid rents already in place and minimal capital improvements needed, this is a true plug-and-play asset delivering consistent cash flow from day one. Opportunities like this—stabilized, updated, and producing—don’t last.

Property Details

Price:
$164,900
MLS #:
B1673119
Status:
Active
Beds:
3
Baths:
2
Type:
Multi Family
Subtype:
MultiFamily
Subdivision:
Stedman Farm
Neighborhood:
niagarafallscity291100
Listed Date:
Apr 15, 2026
Finished Sq Ft:
1,512
Total Sq Ft:
1,512
Lot Size:
3,920 sqft / 0.09 acres (approx)
Year Built:
1940
Units:
2
Niagara Falls-city-291100Niagarafallscity291100Stedman FarmNiagara FallsProbate

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Schools

School District:
Niagara Falls

Interior

Appliances
Gas Water Heater
Bathrooms
2 Full Bathrooms
Flooring
Laminate, Tile, Varies
Heating
Gas, Forced Air

Exterior

Construction Materials
Brick
Garage Spaces
1
Lot Features
Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Parking Features
Other, Parking Available, See Remarks

Financial

Taxes
$2,599

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 Stedman Farm subdivision, 474 22nd Street Niagara Falls NY is a Multi Family for sale in Niagara Falls, NY, 14303. It is listed for $164,900 To schedule a showing of MLS#b1673119 at 474 22nd Street in Niagara Falls, NY, contact your Concrete Jungle Realty agent at 3472420937.

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