497-499 24th St, Niagara Falls, NY, 14303

Location

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497-499 24th St, Niagara Falls$130,000

Buyer Closing Credits

$1,544^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeDuplex

ParkingConcrete, Two or More Spaces

Year Built1916

HeatingNatural Gas, Forced Air

BasementYes

MLS #B1581012

Lot Size0.17 Acres

StatusActive

About 497-499 24th St

Great Niagara Falls Duplex available NOW! Each side has a living room, large eat-in kitchen, three bedrooms, one bathroom, front breezeway and a back mud room. There are nice hardwood floors and most windows have been replaced. The foundation is poured concrete and the basement is very dry. The gas and electric are separate for both apartments. Each side has a private basement with two means of egress meaning you could add a 4th bedroom in the basement if you wanted to. This would equal more rent! The four bedroom fair market rent per HUD for 2025 is $1595. This property has the potential to collect over $3000 per month in rental income. Parking will not be a problem as we have space for five cars in the driveway. Perfect for a homeowner to buy and have the tenant help pay your mortgage. Also great for any new or experienced investors.

Property Details

Property Features

Property Information:

Architectural Style: Duplex
Year Built: 1916
Stories: 2
Living Area: 1,976 SqFt

Listing Office:

Office Name: Red Door Real Estate WNY LLC
Office Phone: (716) 299-7171
Listing Agent: Renee Moran

Interior Features

Interior Information:

Appliances: Gas Water Heater
Basement: Yes
Flooring Type: Hardwood, Laminate, Varies

Bedroom and Bathroom Information:

Full Bathrooms: 2
Total Bedroom Count: 6

Exterior Features

Parking Information:

Parking: Concrete, Two or More Spaces

Lot Features

Lot Information:

Lot: Corner Lot, Rectangular Lot
Lot Size: 0.17 Acres

Utilities

Utilities Information:

Heating: Natural Gas, Forced Air

Price Information

Listing Price Info

Price Summary:

List Price: $130,000
Price Per SqFt: $66/SqFt

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Housing Market Comparison

See how this home compares to others in Niagara Falls, NY.

Niagara Falls, NY

City

Med. Sold Price

$152.3K

Med. Price/SqFt

$111

Avg. Days On Market

# of Sold Homes

497-499 24th St vs Niagara Falls

24 DAYS ON ROCKET

-1 Day

$130,000

-$22.3K Less

$66/SqFt

-$46 Less

KEY TAKEAWAY

This property is $22.3K less than the Median Sold Price and $46/SqFt less than other homes in Niagara Falls, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

MLS Name: NYS
MLS Number: #B1581012

Listing Office:

Office Name: Red Door Real Estate WNY LLC
Office Phone: (716) 299-7171
Listing Agent: Renee Moran

The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
harmless.

© 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 1/5/2025, 2:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

/10

Niagara Street School
2513 Niagara St
Distance between this listing and this school0.33 miles
Public District Grades PK-6

/10

Hyde Park School
1620 Hyde Park Blvd
Distance between this listing and this school1.42 miles
Public District Grades PK-6

/10

Harry F Abate Elementary School
1625 Lockport St
Distance between this listing and this school1.56 miles
Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

How much money do the neighbors make?

63%

<35k

28%

35k-100k

100k-200k

200k+

What level of education do the neighbors have?

High School: 72%
Post Secondary: 22%
Masters: 6%

What types of families live nearby?

51%

Single, No Kids

28%

Single, with Kids

13%

Married, No Kids

Married, with Kids

Are the neighbors home owners or renters?

Renters: 53%
Home Owners: 47%

How old are people in this area?

20%

<11 yrs old

12-17 yrs old

23%

18-34 yrs old

36%

35-64 yrs old

13%

65+ yrs old

What do the neighbors do for fun?

Pro Boxing
Soccer
NHRA Drag Racing

Where do the neighbors shop?

Burlington
Forever 21
Big Lots

Where do the neighbors go to eat?

Popeyes
Dominos Pizza
Golden Corral

What do the neighbors drive?

Dodge
Mazda
Kia

What do the neighbors listen to?

Urban Contemporary
Rhythmic Contemporary Hits
Adult Standards

The neighbors living near this home have an average income of $29,096. Residents of Niagara Falls, NY typically earn less than $35k each year. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Niagara County›Niagara Falls›14303›497-499 24th St

This home is located at 497-499 24th St in Niagara Falls, NY and zip code 14303. This 1,976 square foot home, which was built in 1916, sits on a 0.17 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 11, 2024 and is currently priced at $130,000.

In December 2024, from all listings sold in Niagara Falls, NY there were more than 23 sold above asking price, over 30 sold below and more than 5 were sold right at the asked price. The number of homes for sale in Niagara Falls, NY decreased by 17.1% between November 2024 and December 2024. Listings spent 25 days on the market in December 2024, and had a median list price of $152,333 during the same period.

Location

Property Highlights

Property Details

Property Features

Interior Features

Exterior Features

Lot Features

Utilities

Price Information

Listing Price Info

Housing Market Comparison

MLS Details

Property Sales & Tax

Payment Calculator

Schools

Schools Nearby

Neighborhood

What Are The Neighbors Like?

More Resources

More Homes For Sale in Niagara Falls

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Housing Market Reports in Niagara County