Outstanding investment opportunity in the heart of Niagara Falls! This solid multi-family home at 2440 Forest Ave offers strong value and excellent upside potential. Nearby comparable homes are selling in the $200,000-$230,000 range, leaving substantial room for profit after updates or renovations.
Ideally located just minutes from world-famous Niagara Falls and Niagara Falls State Park, this property sits close to top attractions, upscale dining, shopping, entertainment, and major employers. Residents and visitors alike enjoy quick access to downtown Niagara Falls, the Fashion Outlets, and the lively Casino and entertainment district, making this a prime area for both long-term and short-term rental opportunities.
This home is perfect for investors seeking strong returns. With rental rates in the area averaging $1,200-$1,400 or more per month per unit, it’s a potential cash-flow powerhouse. The property has great bones and simply needs your finishing touches to bring it to its full market value.
Whether you plan to renovate and resell, operate as a profitable rental, or hold as a long-term appreciating asset, this is a rare chance to secure an income-producing property in one of Western New York’s most visited and dynamic locations.
For sale by owner
$119,803
2440 Forest Ave, Niagara Falls, NY 14301
4beds
2,208sqft
SingleFamily
Built in 1950
5,000 Square Feet Lot
$223,200 Zestimate®
$54/sqft
$-- HOA
Overview
What the owner loves about this home
What I love most about this home is its incredible space and potential. With more than 2,200 square feet, four bedrooms, and three full baths, there’s room for everyone to spread out and make it their own. The home sits in a quiet, established neighborhood just minutes from Niagara Falls, shopping, restaurants, and family-friendly attractions, everything you need is close by.
It has a solid structure and great layout, making it perfect for someone who wants to modernize a home with strong bones. You can easily imagine gathering in the spacious living areas, hosting family dinners, or creating a private upstairs retreat. For investors, it’s also an outstanding opportunity, updated homes of this size in the area often sell between $200,000 and $230,000, and the local rental demand is strong, with larger homes renting for $1,200–$1,400 per month.
This home offers both warmth and opportunity, whether you’re looking for a place to call home or a property with great upside, it’s a rare find in a great location near everything Niagara Falls has to offer.
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