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4 Beds
2 Baths
2,042 sqft

$130,000

1511 Cleveland Avenue, Niagara Falls NY, 14305

Price per sqft$63.66
Built in1900
Property size2,042 sqft
Property typeMulti-family

Overview

Active

Listed Aug 18, 2026

Updated 3 weeks ago

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-term 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

$865/mo

Est. mortgage payment based on a $130,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
B1708260

Interior Features

Bedrooms
4
Bathrooms
2
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.11 Acres

Other Property Details

Taxes
$1,869
Tax Frequency
Annually
Garage
Yes
MLS provider logo

 

Courtesy of Howard Hanna WNY Inc., Louis S Rizzo

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Disclaimer: 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), Benjamin Domagala, nor Luxury Presence shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

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Data last updated 5:41 AM UTC, 9/15/2026

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