2,199 Sq. Ft.
$91 / Sq. Ft.
2,199
Sq. Ft.
$91
per Sq. Ft.

Description

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...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.
  1. Listed by Lizette Moran • Red Door Real Estate WNY LLC
    P: (716)-299-7171 C: (716)-445-1638 lizettetmoran@gmail.com
  2. Listed by Elizabeth Dung • Red Door Real Estate WNY LLC
    P: (716)-299-7171 C: (716)-907-5999 elizabethdungrealty@gmail.com

Property Details for 531 16th Street

Subdivision Comm Complex
City/Niagara Falls
Styles Of Residence
Triplex
On Waterfront
No
Parking Description
No Driveway
Nearest Cross Street
Ferry Ave

Open Houses

Saturday, Feb 28th

12:00 PM - 2:00 PM

Public

LISTING UPDATED: 02/19/2026 03:21 PM

Property Details for 531 16th Street

StatusActive
MLS #B1659548
Days on Market20
Taxes$2,323 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Residential
Year Built1894
Lot Size0.20 AC / 8,712 SF
CountyNiagara County

Location

Listing Courtesy of Red Door Real Estate WNY LLC
Add your commute

Building Information for 531 16th Street

Stories2Residences3Year Built1894Building Size-Lot Size0.20 AC / 8,712 SF

Payment Calculator

$1,168 per month

30 year fixed, 6.15% Interest

Principal and Interest

$974

Property Taxes

$194

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 531 16th Street

Summary
Location and General Information
  • Elementary School District: Niagara Falls
  • High School District: Niagara Falls
  • Middle Or Junior School District: Niagara Falls
  • Village: Not Applicable
  • Human YN: Yes
Parking
  • Garage Spaces per Apt: .00
Taxes and HOA Information
  • Area NYSWIS Code: Niagara Falls-City-291100
  • Tax Annual Amount: $2,323.00
Property
Lot Information
  • Building Area Total: 2199.0
  • Land Features: Rectangular, Rectangular Lot, Residential Lot
  • Num Of Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Square Feet: 8712.0
  • Lot Size Units: Acres
  • Parcel Number: 291100-159-024-0004-035-000
  • Road Frontage: City Street
  • Lot Number: 35
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $46,700
  • Year Built: 1894
  • Year Built Description: Existing
Utilities
  • Num Of Electric Meters: 3
  • Num Of Gas Meters: 4
  • Sewer Description: Connected
  • Utilities Available: Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick, Composite Siding, Other
Interior Features
  • Appliances: Gas Water Heater
  • Basement Description: Full
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 5
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Carpet, Hardwood, Varies
  • Heating: Gas, Forced Air
  • Heating YN: Yes
  • Sq Ft Total: 2199.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Operating Expense Includes: Other, See Remarks
  • Stories Total: 2
Unit 1
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Features: ,Eat-In Kitchen
  • Unit Type Total Rent: $.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 0
Unit 2
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: ,Formal Dining Room
  • Unit Type Total Rent: $.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 0
Unit 3
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: ,Formal Dining Room
  • Unit Type Total Rent: $.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 0
Rental
Rental Information
  • Tenant Pays: All Utilities

Property History for 531 16th Street

DateEvent & SourcePriceAppreciation
Feb 4, 2026

Listed (Active)

WNYREIS #B1659548

$199,900
Apr 25, 2025

Sold (Public Record)

Public Record #1556608072

$155,000

+25.0% / yr

Apr 7, 2025

Sold

WNYREIS #B1580349

$155,000
Dec 19, 2024

Pending

WNYREIS #B1580349

Dec 4, 2024

Listed (Active)

WNYREIS #B1580349

$149,900
Aug 30, 2024

Expired

WNYREIS #B1541998

Jul 14, 2024

Price Change

WNYREIS #B1541998

$164,000
May 30, 2024

Listed (Active)

WNYREIS #B1541998

$169,000
Dec 1, 2023

Expired

WNYREIS #B1493852

Aug 25, 2023

Listed (Active)

WNYREIS #B1493852

$159,000
Jan 27, 2023

Expired

WNYREIS #B1443711

Dec 19, 2022

TOM

WNYREIS #B1443711

Nov 10, 2022

Listed (Active)

WNYREIS #B1443711

$130,000
Nov 18, 2021

Sold

WNYREIS #B1351780

$71,000
Oct 26, 2021

Sold (Public Record)

Public Record #1486520712

$71,000

+5.2% / yr

Jul 28, 2021

Pending

WNYREIS #B1351780

Jul 14, 2021

Listed (Active)

WNYREIS #B1351780

$79,900
Feb 12, 2018

Sold

WNYREIS #B1086960

$59,000
Nov 28, 2017

Pending

WNYREIS #B1086960

Nov 13, 2017

Listed (Active)

WNYREIS #B1086960

$62,000
Jul 6, 2016

Sold

WNYREIS #B493827

$54,000
Jun 18, 2016

Sold (Public Record)

Public Record #574850990

$54,000
Apr 26, 2016

Pending

WNYREIS #B493827

Feb 26, 2016

Listed (Active)

WNYREIS #B493827

$54,900
DateEvent & SourcePrice
02/04/2026

Listed (Active)

WNYREIS #B1659548

$199,900
04/25/2025

Sold (Public Record)

Public Record #1556608072

$155,000

+25.0% / yr

04/07/2025

Sold

WNYREIS #B1580349

$155,000
12/19/2024

Pending

WNYREIS #B1580349

12/04/2024

Listed (Active)

WNYREIS #B1580349

$149,900
08/30/2024

Expired

WNYREIS #B1541998

07/14/2024

Price Change

WNYREIS #B1541998

$164,000
05/30/2024

Listed (Active)

WNYREIS #B1541998

$169,000
12/01/2023

Expired

WNYREIS #B1493852

08/25/2023

Listed (Active)

WNYREIS #B1493852

$159,000
01/27/2023

Expired

WNYREIS #B1443711

12/19/2022

TOM

WNYREIS #B1443711

11/10/2022

Listed (Active)

WNYREIS #B1443711

$130,000
11/18/2021

Sold

WNYREIS #B1351780

$71,000
10/26/2021

Sold (Public Record)

Public Record #1486520712

$71,000

+5.2% / yr

07/28/2021

Pending

WNYREIS #B1351780

07/14/2021

Listed (Active)

WNYREIS #B1351780

$79,900
02/12/2018

Sold

WNYREIS #B1086960

$59,000
11/28/2017

Pending

WNYREIS #B1086960

11/13/2017

Listed (Active)

WNYREIS #B1086960

$62,000
07/06/2016

Sold

WNYREIS #B493827

$54,000
06/18/2016

Sold (Public Record)

Public Record #574850990

$54,000
04/26/2016

Pending

WNYREIS #B493827

02/26/2016

Listed (Active)

WNYREIS #B493827

$54,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 531 16th Street

Taxable ValueLand$2,600Additions$44,100Total$46,700
Home Facts
Baths3Total Finished SqFt2,199 SqFtAbove Grade Finished SqFt2,199 SqFtStories3Lot Size8,712 SqFtStyleTriplexYear Built1894ZoningR3-BCountyNIAGARAAPN291100 159.24-4-35

Schools near 531 16th Street

This home is within Niagara Falls City School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 7 to 8
Public - 9 to 12
Public - 2 to 6
Rating
School
Distance
Bloneva Bond Primary School
PublicPK to 3

Gaskill Preparatory School
Public7 to 8

Niagara Falls High School
Public9 to 12

Harry F Abate Elementary School
Public2 to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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531 16th Street is a multi-family home for sale in Niagara Falls, NY 14301. This property was listed for sale on February 4, 2026 by Red Door Real Estate WNY LLC, it's currently listed at $199,900. It has been on the market for a total of 20 days and was last sold on April 25, 2025. This listing's school district is Niagara Falls City School District. Nearby schools include Bloneva Bond Primary School, Gaskill Preparatory School and Niagara Falls High School. 531 16th Street is a 5-bed, 3-bath, 2,199 sqft multi-family home built in 1894.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Red Door Real Estate WNY LLC

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.