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2523 Falls St, Niagara Falls, NY, 14303

4beds
2baths
1,677sqft
$99,900
$60price/sqft
$1,045/moest. monthly cost
$41,800/yrincome needed

About This Home

Welcome to 2523 Falls, Niagara Falls! This multi-unit home offers an excellent opportunity for both homeowners and investors. Featuring two bedrooms and one bathroom on the first floor, two bedrooms and one bathroom on the second floor, and two additional bedrooms on the third floor, this property provides ample space and versatility. Recent upgrades include brand-new plumbing and flooring throughout. Enjoy a nice lawn in the back, perfect for relaxation or entertaining. Ready to move in—live in one unit and rent out the other for extra income

Getting Around

56
WalkingSomewhat Walkable
27
TransitSome Transit
45
BikeSomewhat Bikeable

Schools

--
4/10
3/10
Niagara Falls High SchoolGrades 9-121.6 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1914

Materials

  • Construction materials: Aluminum Siding,Other,See Remarks

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Attic
  • Flooring: Laminate,Other,See Remarks,Varies

Heating

  • Heating features: Gas,Forced Air

Interior Area

  • Total structure area: 1,677
  • Total interior livable area: 1,677 sqft

Property

Details

  • Parcel number: 2911001590500001017000
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 2,901 sqft
  • Features: Other,Near Public Transit,Residential Lot,See Remarks
  • Lot size dimensions: 25 x 116

Parking

  • Parking features: 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 $505$6,060
Home Insurance *$119$1,428
Property Taxes $144$1,728
Electricity $277$3,325
Total$1,045$12,540
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$35,828/yr
40% on housing$31,350/yr
45% on housing$27,866/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

$60This listing

vs Other Active Listings

Avg $/sqft

ZIP 14303$83
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
2026-05-05Price change$133,000
2026-04-08Price change$140,000
2026-03-22Listed for sale$132,000
2026-03-18Listing removed$135,000
2026-03-11Price change$135,000
2025-12-18Price change$140,000
2025-11-12Listed for sale$134,900
2025-11-10Listing removed$145,000
2025-09-12Price change$145,000
2025-08-09Listed for sale$150,000
2025-08-09Listing removed--
2025-07-28Listed for sale$160,000
2025-06-12Listing removed$140,000
2025-05-15Price change$140,000
2025-04-12Price change$145,000
2025-03-13Listed for sale$150,000
2024-09-13Sold$40,000
2024-06-07Pending sale$69,000
2024-06-03Listed for sale$69,000
2024-06-01Listing removed--
2024-03-06Listed for sale$69,000
2024-02-29Pending sale$69,000
2024-02-12Price change$69,000
2024-01-08Listed for sale$79,000
2021-03-24Listing removed--
2015-01-06Sold$31,500
2014-07-01Sold$20,000
2006-09-22Sold$8,000
2005-12-30Sold$7,500
2000-09-07Sold$5,600

For Sale by Agent

AgentAwais Rehman
BrokerageRed Door Real Estate WNY LLC

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