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1113 Main St, Niagara Falls, NY, 14301

4beds
2baths
2,290sqft
$109,900
$48price/sqft
$1,209/moest. monthly cost
$48,360/yrincome needed

About This Home

Positioned on one of Niagara Falls' most visible & heavily traveled corridors, 1113 Main Street presents an exciting opportunity for the savvy investor, entrepreneur, or redevelopment-minded buyer looking to capitalize on location, zoning, & upside potential. This approximately 2,290 square feet vinyl & stucco-sided property is currently configured as a two-family residence, offering two bedrooms in each unit, plus an additional room off the rear of the property that opens the door to even more possibilities. Whether you're looking to renovate and hold as an income-producing asset, create a hybrid use property, or reimagine the layout to maximize returns, this property offers the kind of flexibility that today's investors are searching for Prime Main Street Spot. Location is everything, & this property delivers. Situated right on Main Street, this building enjoys excellent visibility, strong accessibility, & proximity to one of the most visited destinations in the world. Being located just minutes from the world-famous Water Falls & borders Canada. Breath taking views of the mighty gorge minutes away priceless. Buyers looking toward the future, one of the biggest advantages here is the property's location within the short-term rental/AirBnB-allowed zone, creating a compelling opportunity to explore alternate income strategies, subject to local rules, licensing, & approvals. Destination market like Niagara Falls, the ability to own property in an area where short-term lodging potential exists can be a major long-term value driver. This is not a "turnkey" property-and that's exactly where the opportunity lies. The property does need work, but it is being offered at a price point that allows room for a buyer to make improvements, add value, & unlock greater profitability over time. The C2-A zoning designation is another key feature that adds to this property's appeal. Great investments are often bought in "as is" condition & improved over time. The bones, the square footage, the location, the layout, & the zoning all combine to create a compelling value-added opportunity. Most recognizable destination in the world. People from around the globe know Niagara Falls.

Getting Around

75
WalkingVery Walkable
42
TransitSome Transit
66
BikeBikeable

Schools

4/10
3/10
Niagara Falls High SchoolGrades 9-122.1 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1930

Materials

  • Foundation: Stone
  • Roof: Architectural,Shingle
  • Construction materials: Stucco,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Two Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Water Heater
  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Features

  • Eat-in Kitchen,Separate/Formal Living Room,See Remarks,Bedroom on Main Level,In-Law Floorplan
  • Flooring: Hardwood,Varies

Heating

  • Heating features: Gas,Forced Air

Interior Area

  • Total structure area: 2,290
  • Total interior livable area: 2,290 sqft

Property

Details

  • Parcel number: 2911001440700002065000
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Porch
  • Exterior features: Blacktop Driveway

Lot

  • Lot size: 6,433 sqft
  • Features: Irregular Lot,Near Public Transit
  • Lot size dimensions: 71 x 89

Parking

  • Parking features: No Garage

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

  • Ice Storm
    Ice StormModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Ice Storm
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 $555$6,660
Home Insurance *$118$1,416
Property Taxes $158$1,896
Electricity $378$4,541
Total$1,209$14,508
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$41,451/yr
40% on housing$36,270/yr
45% on housing$32,240/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

$48This listing

vs Other Active Listings

Avg $/sqft

ZIP 14301$82
Niagara County$124

vs Homes Sold Last Month

Median $/sqft

ZIP 14301$99
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
2026-05-08Price change$109,900
2026-03-26Listed for sale$119,900
2024-06-04Sold$70,000
2024-04-16Sold$55,000
2020-03-09Sold$50,000
2016-06-09Listing removed$425
2015-01-05Sold$38,000
2014-11-12Listing removed$400
2014-10-20Listed for rent$400

For Sale by Agent

AgentLouis S Rizzo
BrokerageHoward Hanna WNY Inc.

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