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    291 Forest Ave Buffalo, NY 14213

    For Sale
    $289,900

    Two-unit property near Elmwood Village with immediate income potential.

    Property size:
    2,340 SF
    Lot size:
    0.05 Acres

    Property Features for 291 Forest Ave

    General Information

    Size
    2,340 SF
    Lot size
    0.05 Acres

    Building Details

    Year built
    1875

    Source: Keller Williams Buffalo Niagara Agent Christa Perrello

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Tenant-Occupied Two-Unit Property Near Elmwood

    This tenant-occupied two-unit property is located near Elmwood Village, Delaware Park, and Buffalo State College. The property provides access to local grocery stores, the Thruway, and neighborhood amenities. Both units are fully rented with tenants. Each unit features separate utilities and entrances. The property includes a large walk-up attic. Previous updates to the electric, HVAC, plumbing, and windows were completed in 2015. Planned updates include upper unit kitchen updates in July 2025, new floors throughout the upper unit in July 2025, upper porch railings in August 2025, painted lower railings in August 2025, and landscaping in August 2025. The property offers immediate income potential and is suitable for investors or homeowners seeking rental income. The property size is 2340 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.8881573
    Latitude
    42.9275578

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    FAQs

    What type of property is this?
    Duplex - Two-unit property near Elmwood Village with immediate income potential.
    Where is this duplex located?
    The property is located at 291 Forest Ave Buffalo, NY.
    What is the asking price?
    The asking price for this property is $289,900.
    What are key features of this property?
    This property features: - Prime location: Steps from Elmwood Village and Delaware Park, near Buffalo State College.; - Turnkey investment: Both units are fully rented with reliable tenants, providing immediate income.; - Separate utilities and entrances for each unit, ensuring privacy and convenience.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    291 Forest Ave Buffalo, NY 14213
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