1158 Ontario Avenue, Niagara Falls, NY 14305
Mile Reserve · Niagara County
Key Facts
Description
Exceptional investment opportunity! Incredible investment opportunity! This massive 4-unit property features three 3-bedrooms and one 2-bedroom units and over 6,012 square feet according to tax records. The property is fully occupied and offers separate utilities, providing immediate rental income for investors. Each unit has separate furnaces and hot water tanks located in the basement, along with dedicated storage areas for tenants. One unit features a new hot water tank, and most mechanicals are newer. All units have updated electrical panels. While the property could benefit from some cosmetic updates, it is priced accordingly, making it an excellent value for investors. All four units are currently occupied, and the tenants would like to remain, offering immediate rental income from day one.
Property Information
Property Type
Residential
Sub-Type
Multi Family
Style
Fourplex
Year Built
1928
Stories
2
Living Area
6,012 sq ft
Lot Size
0.07 acres
Lot Dimensions
32X96
Days on Market
6
MLS® Listing#
B1663817
Property Features
Exterior
Appliances
Heating
Flooring
Basement
Parking
Laundry
Lot Features
Construction
Foundation
Roof
Utilities
Water Source
Financial Details
Annual Taxes
$2,739
Assessed Value
$39,700
Parcel Number
291100-144-039-0001-057-000
Directions
From Hyde Park left on Ontario. Property is on right side
Affordability Calculator
$47,000
Estimated monthly payment
$1,251/mo
Principal $188,000 · Est. interest $262,277 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Niagara Falls, NY
- 49
- Median Days on Market
- 1,727
- Median Sq Ft
- $115
- Median Price / Sq Ft
- 365
- Active Listings
- Its price per sq ft is 66% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Niagara Falls, NY.
Location
Points of Interest in Niagara Falls, NY
Showing the Niagara Falls area map.
Nearby Schools
Harry F. Abate Elementary School
Elementary · 0.4 mi away
Niagara Falls Alternative School
School · 0.5 mi away
Henry J. Kalfas Elementary School
Elementary · 0.6 mi away
Kids & Company
School · 0.9 mi away
Hyde Park School
Elementary · 1.0 mi away
Niagara County Head Start
School · 1.0 mi away
Maple Avenue School
Elementary · 1.2 mi away
Gaskill Preparatory School
Secondary · 1.3 mi away
Simcoe Street Public School
School · 1.4 mi away
St Patrick Catholic Elementary School
Elementary · 1.4 mi away
Kent School
Secondary · 1.4 mi away
Bloneva Bond Primary School
Elementary · 1.6 mi away
Niagara Falls High School
Secondary · 1.8 mi away
Valley Way Public School
School · 1.9 mi away
Niagara Falls High School Sports Field
Secondary · 1.9 mi away
Dunleavy Hall
School · 2.1 mi away
St Mary Catholic Elementary School
Elementary · 2.2 mi away
Ecole St-Antoine
School · 2.4 mi away
Victoria Public School
Elementary · 2.6 mi away
Ecole Elementaire Lamarsh
School · 2.7 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1308 South Avenue, Niagara Falls, NY | $200,000 | 10 | 3 | 2,205 |
| 1028 South Avenue, Niagara Falls, NY | $285,000 | 12 | — | 8,148 |
Moving Cost Estimate
EXIT Agents in Niagara Falls
Listing Courtesy: WNY Metro Roberts Realty - 716-712-6790
Presented by: Elizabeth Bauch
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable by is not guaranteed accurate by the MLS.
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Fair Housing NoticeLast Updated: 2026-03-04