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2225 Falls St, Niagara Falls, NY, 14303

3beds
2baths
1,560sqft
$164,000
$105price/sqft
$1,517/moest. monthly cost
$60,680/yrincome needed

About This Home

Welcome to this versatile and income-producing duplex in Niagara Falls, NY, perfect for an owner-occupant, investor, or Airbnb opportunity! Ideally located just minutes from the world-famous Falls, this property offers convenience, flexibility, and strong potential. The lower unit features 2 bedrooms and 1 full bath, complete with a remodeled kitchen and bathroom, updated flooring, and a spacious eat-in kitchen. A stove and refrigerator are included, making it move-in ready. Enjoy relaxing mornings or evenings on the open front porch, with laundry hookups available in the basement for added convenience. The upper unit offers 1 bedroom and 1 full bath, ideal for rental income, guests, or short-term stays. Additional highlights include a full basement, a roof approximately 8 years young, and a newer hot water tank, giving peace of mind to the next owner. Outside, you’ll find a 2-car garage, a spacious backyard, and a rare double lot, providing plenty of room for outdoor enjoyment or future possibilities. Located just minutes from Niagara Falls attractions, restaurants, shopping, and the casino, this property is perfectly positioned for both long-term tenants and short-term rental success. Don’t miss this incredible opportunity to own a multi-unit property in a prime location.

Getting Around

57
WalkingSomewhat Walkable
28
TransitSome Transit
47
BikeSomewhat Bikeable

Schools

--
4/10
3/10
Niagara Falls High SchoolGrades 9-121.7 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1910

Materials

  • Foundation: Block
  • Roof: Asphalt
  • Construction materials: Vinyl Siding,Copper Plumbing

Type & Style

  • Home type: MultiFamily
  • Architectural style: Duplex
  • Property subType: Duplex,Multi Family

Interior

Appliances

  • Appliances included: Gas Water Heater
  • Laundry features: Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Ceiling Fan(s)
  • Flooring: Ceramic Tile,Hardwood,Varies

Heating

  • Heating features: Gas,Forced Air

Interior Area

  • Total structure area: 1,560
  • Total interior livable area: 1,560 sqft

Property

Details

  • Parcel number: 2911001590490002006000
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Open,Porch
  • Exterior features: Fully Fenced
  • Fencing: Full

Lot

  • Lot size: 8,716 sqft
  • Features: Near Public Transit,Rectangular,Rectangular Lot,Residential Lot
  • Lot size dimensions: 70 x 124

Parking

  • Total spaces: 2
  • Parking features: Garage,Paved
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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 $829$9,948
Home Insurance *$195$2,340
Property Taxes $236$2,832
Electricity $257$3,093
Total$1,517$18,204
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$52,011/yr
40% on housing$45,510/yr
45% on housing$40,453/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

$105This listing

vs Other Active Listings

Avg $/sqft

ZIP 14303$82
Niagara County$123

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
2026-04-05Listed for sale$169,000
2022-08-23Listing removed--
2022-07-26Listed for rent$775
2018-07-03Listing removed$725
2018-06-15Listed for rent$725
2017-09-28Sold$9,500
2017-08-08Pending sale$31,000
2017-07-09Listed for sale$31,000
2017-06-01Listing removed$66,927
2017-05-04Listed for sale--
2015-09-15Sold$25,000
2014-08-22Listing removed$500
2014-08-02Listed for sale$500
2002-04-05Sold$28,500

For Sale by Agent

AgentKeith Young
BrokerageKeller Williams Realty WNY

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