Back 505 5th Street
Off Market

505 5th Street

Niagara Falls NY 14301

4
3
3090 sq. ft.
5412 sq. ft.
Multi-Family
Last sold for $110,000
Victoria Skrlin-KozakVictoria Skrlin-Kozak, last sold this property on 22 June 2026 after 122 days on market.

Overview

Exceptional investment opportunity! This 3-unit residence occupies a prime corner lot in the heart of Niagara Falls, offering the perfect blend of size, location, and versatility. Ideally positioned for high-yield potential, the property is just blocks from the Seneca Niagara Casino, the Niagara River Gorge, and the Niagara Falls State Park. Whether you are looking for a steady long-term rental or a lucrative short-term play, this property is situated within the Niagara Falls designated short-term rental/Airbnb zone, making it a rare find for savvy investors. The spacious units provide ample living space, while the corner lot location offers enhanced curb appeal and natural light. Don’t miss your chance to own a multi-unit powerhouse in one of the world's most famous tourist destinations. Minutes from downtown dining, shopping, and international border crossings. Turn your vision into reality at 505 5th Street!

Features

4 bedrooms
3 bathrooms
3090 sq. ft. floor area
5412 sq. ft. lot size
Multi-Family

Estimated Value

Based on this property and similar 4 bedroom multi families sold in Niagara Falls over the last 12 months, the estimated median property value of 505 5th Street is $119k.

Median value
$119k
Estimated value range
$35k - $220k
Median days on market
25
Estimated value trend
-6%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Niagara Falls. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 505 5th Street

2026
Sold
$110,000
22 Jun 2026 by Victoria Skrlin-Kozak, of Heritage Property Source

Happy sellers in Niagara Falls

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We have insufficient information to provide an overview of customer satisfaction for Niagara Falls. Viewing the agent profiles, reviews and sales for Niagara Falls can provide insights for this location.

Local market activity for 4 bedroom multi families in Niagara Falls

In the last 12 months, 20 four-bedroom multi families similar to 505 5th Street, have been sold.

This represents a 75% decrease in four-bedroom multi families sales when compared to the previous 12 months.

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