Fully Rented Multifamily
For Sale
$239,000
163 16th Street, Buffalo, NY 14213
The offering combines an occupied multifamily property with a rear structure identified for rehabilitation.
Property Size3,290 SF
Price / SF$72.64
Days on Market175
Property Features for 163 16th Street
General Information
Standard status
Active
Size
3,290 SF
Property subtype
Residential / Residential
Occupancy
100%
Taxes and HOA fees
Annual Taxes
$2,063
Amenities
Gas, Forced Air
Gas Water Heater
Yes
3290.0
No
Carpet, Hardwood, Laminate, Luxury Vinyl, Varies
Partial
4
Full
Asphalt
Fully Fenced
Wood Siding
Building Details
Year Built
1870
Listing Agency:
Keller Williams Realty WNY
Listed By:
David Deynes · License #10401365470
(716) 832-3300
Source:
Compass
Added: Mar 13
Changed: Sep 2
Last Checked: Sep 1 at 11:34PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty WNY
Investment Insights
Based on property information with market context.
Built in 1870, this multifamily property is fully rented and includes a rear single identified for rehabilitation. The building features gas-fired forced-air heating, a gas water heater, and a kitchen equipped with a gas oven, gas range, and refrigerator. Interior finishes include carpet, hardwood, laminate, vinyl, and varied flooring, with partial basement space noted.
The property is located on 16th Street in Buffalo, approximately five minutes from downtown. The surrounding context includes Elmwood Village, Allentown, General Hospital, Five Points, LaSalle Park, Front Park, and the future Ralph Wilson Park, identified for 2026.
The property is located on 16th Street in Buffalo, approximately five minutes from downtown. The surrounding context includes Elmwood Village, Allentown, General Hospital, Five Points, LaSalle Park, Front Park, and the future Ralph Wilson Park, identified for 2026.
Key Highlights
- Fully rented multifamily property
- Rear single included for rehabilitation
- Built in 1870
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,915
Businesses Nearby
Explore this area
Business Placement
Demographics for 14213, NY
25,834
Population
11,397
Households
2.3
Avg Household Size
30
Median Age
36%
College-Educated
81%
High-School Grad
1.9 sq mi
ZIP Area
13,597
Density / Sq Mi
$52,597
Median Household Income
$36,084
Median Earnings
$1,059
Median Rent
$192,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Multifamily property - The offering combines an occupied multifamily property with a rear structure identified for rehabilitation.
Where is this multifamily property located?
The property is located at 163 16th Street Buffalo, NY.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: Fully rented multifamily property; Rear single included for rehabilitation; Built in 1870
