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5-Unit Historic Apartment Building
For Sale
$150,000

2 Saint Louis Pl, Buffalo, NY 14202

The three-story brick property has five residential units and N-2R zoning.

Property Size5,472 SF
Price / SF$27.41
Days on Market26

Property Features for 2 Saint Louis Pl

General Information

Standard status Active
Size 5,472 SF
Property subtype Residential Income
Zoning N-2R

Additional Details

Multifamily Units 5

Building Details

Year Built 1900
Buildings 1
Stories 3
Construction Italianate brick
Listing Agency: City of Buffalo
Listed By: Angelica Baxter
Source: Exprealty
Added: Sep 17 Changed: Oct 10 Last Checked: Oct 11 at 12:09PM

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 City of Buffalo

Investment Insights

Based on property information with market context.

At 2 Saint Louis Place, this three-story Italianate brick apartment building dates to 1900 and contains 5 residential units across 5,472 square feet. The building is being offered for rehabilitation, with the stated plan calling for a combination of market-rate and workforce housing while retaining its historic character. The property is offered in its current condition and requires redevelopment work.

The property is in Buffalo’s Historic Allentown District, near Virginia, Franklin, and Main Streets. Sale is conducted through a City of Buffalo RFP and remains subject to appraisal, City review, and Common Council approval. Proposals are due October 14, 2026, at 4:00 PM.

Key Highlights

  • Three‑story Italianate brick apartment building constructed in 1900
  • 5 existing residential units in 5,472 square feet
  • N‑2R zoning

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Electrical Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Auto Parts Store Carpet & Flooring 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

Location Intelligence

Trade Area within ½ mile

5,433
Businesses Nearby

Demographics for 14202, NY

3,850
Population
2,452
Households
1.6
Avg Household Size
38
Median Age
45%
College-Educated
92%
High-School Grad
0.9 sq mi
ZIP Area
4,278
Density / Sq Mi
$47,990
Median Household Income
$36,936
Median Earnings
$709
Median Rent
$495,800
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
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Frequently Asked Questions

What type of property is this?
Apartment building - The three-story brick property has five residential units and N-2R zoning.
Where is this apartment building located?
The property is located at 2 Saint Louis Pl Buffalo, NY.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Three‑story Italianate brick apartment building constructed in 1900; 5 existing residential units in 5,472 square feet; N‑2R zoning
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