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Five-Unit Apartment Buildings
New
For Sale
$299,900

1697 Electric Avenue, Buffalo, NY 14218

Residential, Buffalo, NY

Property Size3,994 SF
Lot Size0.20 Acres
Price / SF$75.09
Days on Market3

Property Features for 1697 Electric Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 5, Bedroom 1, Bathroom 1, Bathroom 2, Basement, Bathroom 3, Bedroom 7, Bedroom 3, Bedroom 4, Bedroom 8, Bedroom 6, Bathroom 4, Bedroom 2
Patio and Porch features Porch
Appliances GasWaterHeater
Subdivision Buffalo Crk Reservation
Lot features Near Public Transit, Rectangular, Rectangular Lot
Elementary school district Lackawanna
Middle school district Lackawanna
High school district Lackawanna
Directions Roland Ave to Electric Ave
Standard status Active
APN 140900-142-700-0005-024-100
Size 3,994 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Annual Amount 7201

Utilities

Heating system Natural Gas, Hot Water(Heating), Forced Air
Water source Public

Building Details

Year built 1900
Floors in Building 2
Number of units 5
Flooring type Varies, Vinyl
Building materials VinylSiding
Roof type Asphalt
Architectural style Other
Listing Agency: WNY Metro Roberts Realty
Listed By: Emmanuel Williams · License #10301217766
Added: Aug 18 Changed: Aug 19 Last Checked: Aug 20 at 2:06AM
MLS# B1706648

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 residential income property comprises two separate buildings on one parcel, configured with three apartments in the front building and two in the rear. The improvements contain 3,994 square feet, five full bathrooms, vinyl siding, asphalt roofing, and a combination of forced-air and hot-water heating powered by natural gas. Additional features include a sump pump, porch, basement, gas water heater, and public water service. Flooring includes vinyl and varied materials.

All five apartments are currently occupied. A large driveway provides off-street parking, while the property is situated near shopping, dining, public transportation, and major highways. The parcel contains 0.1974 acres and the buildings date to 1900.

Key Highlights

  • Five‑unit configuration across two buildings: three apartments in front and two in rear
  • 3,994 square feet on a 0.1974‑acre parcel
  • All five apartments currently occupied

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Skin Care Clinic Gym & Fitness Center Bakery (Bike/Boat/Book/etc) Store

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

5
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

252
Businesses Nearby

Demographics for 14218, NY

20,878
Population
9,478
Households
2.2
Avg Household Size
38
Median Age
21%
College-Educated
88%
High-School Grad
8.1 sq mi
ZIP Area
2,578
Density / Sq Mi
$50,484
Median Household Income
$36,457
Median Earnings
$829
Median Rent
$135,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - Two-building residential income property with occupied apartments, off-street parking, and public water service.
Where is this apartment building located?
The property is located at 1697 Electric Avenue Buffalo, NY.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Five‑unit configuration across two buildings: three apartments in front and two in rear; 3,994 square feet on a 0.1974‑acre parcel; All five apartments currently occupied
More about this property
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