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1773 Falls St, Niagara Falls, NY, 14303

2beds
1baths
3,036sqft
$64,900
$21price/sqft
$999/moest. monthly cost
$39,960/yrincome needed

About This Home

Positioned just minutes from Niagara Falls State Park and many of the area’s most visited attractions, this brick property presents a compelling opportunity in one of Niagara Falls’ most active tourism corridors. Located within the city’s short-term rental zone, the property offers strong potential for investors, developers, or buyers looking to capitalize on the area’s consistent visitor traffic. Situated on a rare double lot totaling approximately 0.16 acres, the property provides additional outdoor space and flexibility not commonly found in the surrounding area. The existing brick structure is in need of rehabilitation, making this an ideal opportunity for those looking to renovate, reposition, or add long-term value. Whether your vision includes a primary residence, investment property, or short-term rental opportunity (subject to local regulations and approvals), the location and lot size create a strong foundation for future potential. Conveniently located near restaurants, entertainment, major routes, and the downtown tourism district, this property offers the chance to invest in a location that continues to attract visitors from around the world.

Getting Around

60
WalkingSomewhat Walkable
30
TransitSome Transit
49
BikeSomewhat Bikeable

Schools

--
3/10
3/10
Niagara Falls High SchoolGrades 9-121.9 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1930

Materials

  • Construction materials: Other,See Remarks

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Electric Water Heater

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Other,See Remarks

Heating

  • Heating features: Gas,Hot Water

Interior Area

  • Total structure area: 3,036
  • Total interior livable area: 3,036 sqft

Property

Details

  • Parcel number: 2911001590480003019000
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 6,987 sqft
  • Features: Rectangular,Rectangular Lot,Residential Lot
  • Lot size dimensions: 60 x 116

Parking

  • Parking features: Other,Parking Available,See Remarks,Two or More Spaces

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Inland Flooding
Ice Storm
Lightning
Tsunami

FEMA Declared Disasters in Niagara County and New York

Flood
Severe Storm
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $328$3,936
Home Insurance *$77$924
Property Taxes $93$1,116
Electricity $501$6,020
Total$999$11,988
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$34,251/yr
40% on housing$29,970/yr
45% on housing$26,640/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 1.6%
1.6%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$21This listing

vs Other Active Listings

Avg $/sqft

ZIP 14303$84
Niagara County$124

vs Homes Sold Last Month

Median $/sqft

ZIP 14303$83
Niagara County$162

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-23Price change$64,900
2026-05-15Listed for sale$74,900
2025-09-09Sold$38,200
2025-07-31Pending sale$34,900
2025-07-31Listing removed$34,900
2025-06-24Pending sale$34,900
2025-06-04Listed for sale$34,900
1997-06-03Sold$16,000

For Sale by Agent

AgentJayson Parker
BrokerageIconic Real Estate

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