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423 Elmwood Avenue, 
Niagara Falls, NY 14301

$125,000


4

Beds


2

Baths


2,232

Sq Ft


Multi-Family


Virtual Tour

Pending

Listed by

Noah Munoz

Iconic Real Estate

716-236-7644

Last updated:

December 31, 2025, 08:44 AM

MLS#

B1646972

Source:

NY GENRIS

About This Home

423 Elmwood Avenue

Welcome to 423 Elmwood Ave in Niagara Falls, NY! Located in the highly desirable Airbnb district, this duplex offers strong rental income and unbeatable proximity to some of Niagara Falls’ best attractions. Just steps from the beautifully restored Gorge Walking Trail and only a 5-minute drive to Niagara Falls State Park, the Canadian border, restaurants, and shopping — the location can’t be beat. The property features a main floor 4-bedroom unit renting for $1,100/month plus electric, with tenants also leasing the garage for $70/month. Upstairs, the 3-bedroom unit rents for $1,000/month plus electric. Recent updates include new flooring in both kitchens, hallways, bathrooms, and the back room, fresh paint throughout the apartments, entrances, and common areas, and refinished hardwood floors. The main floor layout was thoughtfully reconfigured to create an additional bedroom, maximizing rental flexibility and income. Additional improvements include bathroom repairs, a newly opened basement for better moisture control, a new flat roof over the back deck, and brand-new shingles on the garage. Whether you’re looking to add a solid income-producing property to your portfolio or take advantage of its short-term rental potential in one of the city’s hottest districts, 423 Elmwood Ave is a turn-key investment with lasting appeal.

Home Facts

Multi-Family

2 Baths

4 Bedrooms

Built in 1956

Price Summary

125,000

$56 per Sq. Ft.

MLS #:

B1646972

Last Updated:

December 31, 2025, 08:44 AM

Added:

2 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

2,232 Sq. Ft.


Structure

Structure

Architectural Style:

Duplex

Building Area:

2,232 Sq. Ft.

Year Built:

1956


Lot

Lot Size (Sq. Ft):

4,945


Finances & Disclosures

Finances

Price:

$125,000

Price per Sq. Ft:

$56 per Sq. Ft.

Source:NY GENRIS
The information being provided by New York State Alliance Of Mlss is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 New York State Alliance Of Mlss All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.