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3-Unit Multifamily Property
New
For Sale
$199,900

157- 155 Fargo Avenue, Buffalo, NY 14201

Residential, Buffalo, NY

Property Size2,538 SF
Lot Size0.10 Acres
Price / SF$78.76
Days on Market1

Property Features for 157- 155 Fargo Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Residential Multi Use
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Basement, Bedroom 6, Bedroom 1, Bedroom 5, Bathroom 3, Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 2
Parking features On Street
Patio and Porch features Porch
Interior features CeilingFans
Fireplace 1
Appliances GasWaterHeater
Lot features Rectangular, Rectangular Lot, Residential Lot
Elementary school district Buffalo
Middle school district Buffalo
High school district Buffalo
Directions Porter Avenue to Fargo Avenue
Subdivision Buffalo City-140200
Standard status Active
APN 140200-099-750-0006-032-000
Size 2,538 SF
Lot size 0.10 Acres

Additional Details

Tenant in Place Yes
Individually Metered Utilities electricity

Taxes and HOA fees

Tax Annual Amount 3464

Utilities

Heating system Natural Gas, Forced Air, Space Heater
Water source Public

Building Details

Year built 1910
Floors in Building 2
Number of units 3
Flooring type Vinyl
Building materials VinylSiding, CopperPlumbing
Roof type Shingle, Asphalt
Architectural style Other
Listing Agency: MJ Peterson Real Estate Inc.
Listed By: Nicholas M Lunetta · License #10401366040
Added: Nov 5 Last Checked: Nov 5 at 1:06PM
MLS# B1726610

Copyright © 2026 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.

Rey
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Investment Insights

Based on property information with market context.

This 2,538-square-foot triplex, built in 1910, contains three apartments: one with four bedrooms, one studio/one-bedroom unit, and another one-bedroom apartment. The 0.095-acre property has vinyl siding, replacement windows, updated electrical service with three separate meters, and newer hot water tanks installed in 2018, 2022, and 2023. A high-efficiency furnace was added in 2025. Additional features include vinyl flooring, a porch, and on-street parking; one apartment is currently rented.

The property is on Fargo Avenue in Buffalo, near Elmwood Village, Allentown, Kleinhans Music Hall, D’Youville University, shopping, dining, and public transportation. Water service is public, and the building has a shingle and asphalt roof.

Key Highlights

  • Three residential units, including a four‑bedroom apartment and two smaller layouts
  • 2,538‑square‑foot building on a 0.095‑acre lot
  • Three separate electrical meters

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,514
Businesses Nearby

Demographics for 14201, NY

12,364
Population
7,172
Households
1.7
Avg Household Size
33
Median Age
39%
College-Educated
84%
High-School Grad
1.1 sq mi
ZIP Area
11,240
Density / Sq Mi
$34,204
Median Household Income
$34,081
Median Earnings
$953
Median Rent
$327,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Apartment layouts include a four-bedroom residence and smaller studio/one-bedroom options.
Where is this triplex located?
The property is located at 157- 155 Fargo Avenue Buffalo, NY.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Three residential units, including a four‑bedroom apartment and two smaller layouts; 2,538‑square‑foot building on a 0.095‑acre lot; Three separate electrical meters
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