4585 Jepson St

FOR SALE
$729,000
4585 Jepson St, Niagara Falls
4585 Jepson St
4585 Jepson St
4585 Jepson St
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4
BEDROOMS
2
BATHROOMS
1
KITCHENS
0
ROOMS
X12017685
MLSID
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Property Description
Great opportunity to own a legal Duplex in the heart of Niagara Falls. This duplex has 2 - 2-bedroom units with high ceilings throughout both units. Second story unit has a enclosed front porch. Separate entrance for access to the upper unit. 3300/month that includes utilities.
Property Details
Street
Property Type
Duplex, 2-Storey
Lot Size
42' x 77'
Fronting
South
Taxes
$2,300 (2024)
Basement
Walk-Up
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Garage Type
None
Niagara Falls Market Statistics
Niagara Falls Price Trend
4585 Jepson St is a 4-bedroom 2-bathroom home listed for sale at $729,000, which is $133,167 (22.3%) higher than the average sold price of $595,833 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in Niagara Falls declined by $127,803 (17.7%) compared to the previous 30 day period (December 22 - January 20) and down $21,667 (3.5%) from the same time one year ago.
Inventory Change
There were 54 4-bedroom homes listed in Niagara Falls over the last 30 days (January 21 - February 19), which is up 25.6% compared with the previous 30 day period (December 22 - January 20) and up 74.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Niagara Falls typically sold $11,866 (2.0%) above asking price over the last 30 days (January 21 - February 19), which represents a $19,284 increase compared to the previous 30 day period (December 22 - January 20) and ($22,950) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Niagara Falls over the last 30 days (January 21 - February 19) stood at 11.1%, down from 25.6% over the previous 30 days (December 22 - January 20) and down from 19.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Niagara Falls stood at 35 days when successfully sold over the last 30 days (January 21 - February 19), compared to 81 days before being removed from the market upon being suspended or terminated.
Listing contracted with Revel Realty Inc., Brokerage
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