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Multifamily Portfolio with Vacant Lots
For Sale
$1,349,000

287 Normal Avenue, Buffalo, NY 14213

Four-property residential rental portfolio with three vacant lots, updated building systems, and separate utilities throughout.

Property Size2,472 SF
Price / SF$545.71
Days on Market149

Property Features for 287 Normal Avenue

General Information

Standard status Active
Size 2,472 SF
Property subtype Multi Family / Other

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Additional Details

Multifamily Units 13

Taxes and HOA fees

Annual Taxes $10,716

Amenities

Gas, Baseboard, Forced Air
Gas Water Heater
Yes
2472.0
No
Ceramic Tile, Hardwood, Laminate, Varies
Full
12
Asphalt
Blacktop Driveway, Concrete Driveway
Brick, Frame, Other, Vinyl Siding

Building Details

Year Built 1901
Listing Agency: Gurney Becker & Bourne
Listed By: Gary Greco Jr · License #10401251303
Source: Compass
Added: Apr 5 Changed: Aug 30 Last Checked: Aug 30 at 11:09AM

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 Gurney Becker & Bourne

Investment Insights

Based on property information with market context.

This multifamily offering combines four residential rental properties with three vacant lots in Buffalo’s West Side. The portfolio includes multiple residential buildings, carriage-house units, driveways, and a garage. Improvements include newer roofs and HVAC systems, while finishes vary among ceramic tile, hardwood, and laminate. The buildings date to 1901.

Most leases are month-to-month, and residents provide their own appliances. Utilities are separately metered throughout the portfolio except for water and sewer. The properties are concentrated primarily along Normal Avenue, near D’Youville University, downtown Buffalo, highway connections, and bridge access toward Canada.

Key Highlights

  • Four residential properties and three vacant lots
  • Newer roofs and HVAC systems across the portfolio
  • Separate utilities throughout, excluding water and sewer

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Electrical Service Auto Parts Store Storage Facility Skin Care Clinic 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

13
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,026
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Four-property residential rental portfolio with three vacant lots, updated building systems, and separate utilities throughout.
Where is this apartment building located?
The property is located at 287 Normal Avenue Buffalo, NY.
What is the asking price?
The asking price for this property is $1,349,000.
What are key features of this property?
This property features: Four residential properties and three vacant lots; Newer roofs and HVAC systems across the portfolio; Separate utilities throughout, excluding water and sewer
More about this property
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