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Fully Rented Quadplex with Rear Rehab
For Sale
$244,000

163 16th Street, Buffalo, NY 14213

Residential, Buffalo, NY

Property Size3,290 SF
Lot Size0.10 Acres
Price / SF$74.16
Days on Market94

Property Features for 163 16th Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 3, Bedroom 3, Bedroom 4, Bathroom 4, Basement, Bathroom 2
Parking features On Street, Driveway
Exterior features FullyFenced
Fencing Fenced
Appliances GasWaterHeater
Lot features Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Elementary school district Buffalo
Middle school district Buffalo
High school district Buffalo
Subdivision Buffalo City-140200
Standard status Active
APN 140200-099-600-0004-035-000
Size 3,290 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Annual Amount 2063

Utilities

Heating system Forced Air, Natural Gas
Water source Public

Building Details

Year built 1870
Floors in Building 2
Number of units 4
Flooring type Laminate, Vinyl, Carpet, Hardwood, Varies
Building materials WoodSiding
Roof type Asphalt
Listing Agency: Keller Williams Realty WNY
Listed By: David Deynes · License #10401365470
Added: May 19 Changed: Aug 20 Last Checked: Aug 20 at 3:06AM
MLS# B1683173

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.

Investment Insights

Based on property information with market context.

This wood-sided quadplex was built in 1870 and contains 3,290 square feet on a 0.1022-acre lot. The property is fully rented and includes a rear residential structure identified for rehabilitation. Interior finishes vary across the residence, including laminate, vinyl, carpet, and hardwood flooring. Heating is provided by forced-air natural gas, with a gas water heater and a public water source. The property also has an asphalt roof, full fencing, driveway parking, and on-street parking.

The property is located approximately five minutes from Downtown Buffalo and within walking distance of Elmwood Village, Allentown, General Hospital, Five Points, LaSalle Park, Front Park, the Peace Bridge, and the future Ralph Wilson Park site identified for 2026.

Key Highlights

  • Quadplex with 3,290 square feet on a 0.1022‑acre lot
  • Fully rented property with occupied residential units
  • Rear residential structure included for rehabilitation

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick HVAC Service Electrical Service Carpet & Flooring Store Storage Facility (Bike/Boat/Book/etc) Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,915
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Residential income property with occupied units and an additional rear structure requiring rehabilitation.
Where is this quadplex located?
The property is located at 163 16th Street Buffalo, NY.
What is the asking price?
The asking price for this property is $244,000.
What are key features of this property?
This property features: Quadplex with 3,290 square feet on a 0.1022‑acre lot; Fully rented property with occupied residential units; Rear residential structure included for rehabilitation
More about this property
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