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    502 Fargo Ave Buffalo, NY 14213

    For Sale
    $390,000

    MULTI_FAMILY - Other - Buffalo, NY

    Property size:
    3,645 SF
    Lot size:
    0.11 Acres
    Days on Market:
    16
    Last Refresh:
    Dec 6 at 3:06 pm

    Property Features for 502 Fargo Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Bathroom 3, Bathroom 4, Bedroom 3, Bedroom 2, Bedroom 6, Bathroom 2, Bedroom 4, Bedroom 5, Bedroom 8, Bedroom 7, Bathroom 1, Basement, Bedroom 9, Bedroom 1
    Bedrooms
    9
    Bathrooms
    4
    APN
    140200-099-500-0008-032-000
    Parking features
    Garage
    Patio and Porch features
    Patio
    Exterior features
    Balcony, Patio
    Appliances
    GasWaterHeater
    Size
    3,645 SF
    Lot size
    0.11 Acres

    Utilities

    Heating system
    Natural Gas, Forced Air
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    2
    Number of units
    3
    Flooring type
    Vinyl, Tile, Varies
    Building materials
    VinylSiding
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    WNY METRO ROBERTS REALTY (716) 891-1710 [email protected]

    Listing agent Maya Haddad (716) 559-9972 License #10301220957

    Listing date Nov 21, 2025

    MLS# B1650013 Listing URL

    Copyright © 2025 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Multifamily Gem in Buffalo

    Located between Elmwood Village and Allentown in Buffalo, this property features two renovated dwellings on a single lot. The front building contains two units. The lower unit, approximately 1,573 square feet, includes a living room, formal dining area, three bedrooms, a kitchen, new flooring, fresh paint, and a covered front porch. The upper unit, approximately 1,232 square feet, features three bedrooms, living and dining areas, and a private balcony. It has been renovated with new insulated drywall, windows, doors, flooring, kitchen, and a bathroom with a ceramic-tiled shower. Both units have newer furnaces and hot water tanks, and the finished basement provides additional space. Recent updates include a new roof in 2024 and new interior wall panels by the stairway. The rear building is a renovated single-family home with a full basement, new insulated drywall, windows, doors, flooring, kitchen, bathrooms, siding, roof, furnace, and hot water tank. A 2.5-car attached garage is included. Three new electric meters were installed last month for separate utilities. The property, situated on a 0.1098-acre lot, offers living options and income potential. It is located close to downtown Buffalo, shops, restaurants, parks, and public transit.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.896703
    Latitude
    42.909299

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    FAQs

    What type of property is this?
    Triplex - Two renovated dwellings on one lot near Elmwood Village.
    Where is this triplex located?
    The property is located at 502 Fargo Ave Buffalo, NY.
    What is the asking price?
    The asking price for this property is $390,000.
    What are key features of this property?
    This property features: - Two fully renovated dwellings on one lot offer flexible living options.; - Prime location between Elmwood Village and Allentown, close to downtown Buffalo, shops, restaurants, parks, and public transit.; - Front building features two spacious units with newer furnaces and hot water tanks, plus a finished basement.
    (716) 559-9972
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    502 Fargo Ave Buffalo, NY 14213
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    Buffalo, NY 14213
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    502 Fargo Ave Buffalo, NY 14213
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