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1511 Cleveland Avenue

Niagara Falls, NY 14305
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Bed 4

Bed

Bath 2

Bath

SqFt2,042

Sqft

Acres0.11

Acre(Lot)

Investment opportunity with income + Short-Term AirBnB rental potential! Welcome to 1511 Cleveland Ave, a fantastic income-producing property located in the City of Niagara Falls just a short drive the State Park & Canada! This is the type of property investors have been looking for a property with long term tenants already in place providing immediate rental income combined with the potential to take advantage of Niagara Falls' booming tourism market. Whether you're and experienced investor looking to expand your portfolio or a first-time buyer looking for a property where the rental income can help offset your ownership cost, this property deserves your attention! The ability to own a property with established long-term rental income while having the potential to explore future short-te rm rental possibilities. 9.4 million visitors come to Niagara Falls every year creating an enormous & continually renewing customer base for short-term rental. Own where tourist come! Even more exciting this property may be purchased as part of a Larger 9-unit Real Estate Portfolio! Create an instant Niagara Falls Real Estate portfolio consisting of this property plus: 1215-15th St, 915 Ferry Ave , 1305-15th St, 1526 LaSalle Ave (2 units) all are are located within the City's AirBnB short term rental zone, offering tremendous potential for an Investor seeking scale in one of Western New York's premier tourism markets. 1869 Weston & 1886 Weston Ave. 9 units total, providing an exceptional opportunity to acquire multiple income producing properties in one transaction. Whether purchasing this property individually or assembling the entire portfolio, this a rare opportunity to establish an immediate presence in the Niagara Falls short term-term rental & investment market. Live, invest, operate or build your portfolio-the opportunity is here!!! Long term tenants below market rents presently $65,940.00 per year. Based on estimated current market rents, the same portfolio has the potential to generate approximately $130,200 per year in gross long-term rental income representing approximately $64,260 of additional annual rental income potential through proper rent optimization

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Detail Ic Property Details

Property Type : Residential

Price : $130,000

AD Id : 89685342

MLS Id : B1708260

Beds : 4

Lot Size : 0.11 Acre

Living Area Size : 2,042

Year Built : 1900

Garage : 1

County : Niagara

Subdivision: Heathwood

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Has Basement: Yes Basement: Full
  • Flooring Information

    Carpet, Varies, Vinyl
  • Roofing Information

    Asphalt
  • Interior Features

    Roof: Asphalt Appliances: Gas Water Heater, Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air

  • Building Information

    Year Built: 1900 Building Area Total: 2042 Stories: 2 Private Pool: No

  • Lot Information

    Lot Dimensions: 120X40 Main Square Feet: 0.1102 Acres Lot Size Acres: 0.1102 Lot Size Square Feet: 4800 Lot Description: Near Public Transit, Rectangular Lot

    Property Information

    Subdivision: City/Niagara Falls Source Property Type: Residential Property SubType: Multi Family Levels: Two Property Age: 126

  • Listing Price Information

    Listing Price: $130000 Cash, Conventional, FHA, VA Loan

  • Tax Information

    Parcel Number: 291100-144-056-0001-017-000 Tax Lot: 17 Annual Tax: $1869

  • Garage Information

    Has Garage: Yes Garage Space: 1

  • School Information

    Elementary School:
    Junior High School:
    Senior High School: Niagara Falls High
  • Utility Information

    Cable Available, Sewer Connected, Water Connected
  • Location Information

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1720 Hyde Park Boulevard, Niagara Falls, NY, 14305 $99,900 4 3 2,000 2,000 SqFt
2253 Ontario Avenue, Niagara Falls, NY, 14305 $139,900 5 3 2,520 2,520 SqFt
1890 Linwood Avenue, Niagara Falls, NY, 14305 $105,000 5 3 2,160 2,160 SqFt
1507 17th Street, Niagara Falls, NY, 14305 $83,000 2 2 1,696 1,696 SqFt
1648 Cleveland Avenue, Niagara Falls, NY, 14305 $111,888 4 2 1,356 1,356 SqFt
1618 16th Street, Niagara Falls, NY, 14305 $139,500 5 2 1,864 1,864 SqFt
1600 Cleveland Avenue, Niagara Falls, NY, 14305 $59,900 10 4 5,129 5,129 SqFt
1510 Willow Avenue, Niagara Falls, NY, 14305 $139,900 5 2 2,160 2,160 SqFt
1148 Niagara Avenue, Niagara Falls, NY, 14305 $89,900 3 2 2,324 2,324 SqFt
1101 South Avenue, Niagara Falls, NY, 14305 $79,000 4 2 2,094 2,094 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the New York State Alliance MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. 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 ByOwner shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright ©2026 New York State Alliance and participating MLS's - CNYIS, UNYREIS and WNYREIS. All Rights Reserved.

ByOwner last updated this listing 08/20/2026 @ 19:41

MLS: B1708260 LISTED BY: Louis Rizzo, Howard Hanna WNY Inc. 716-691-5800 SOURCE: Western New York Real Estate Information Services (WNYREIS)

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