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Two-House Multifamily Property
For Sale
$99,900

306 Johnson Street, Buffalo, NY 14211

Two separate residences provide a multifamily configuration with value-add renovation needs and access to nearby services.

Property Size3,375 SF
Price / SF$29.60
Days on Market8

Property Features for 306 Johnson Street

General Information

Standard status Active
Size 3,375 SF
Property subtype Multi-Family

Property Condition

Severity Major Repairs Needed
Evidence back house requires a full rehab

Additional Details

Public Transit Yes
Multifamily Units 2

Building Details

Year Built 1875
Buildings 2
Listing Agency: Keller Williams Realty WNY
Listed By: Md Mamun · License #MAMUNMDZ
Source: 716realtygroup
Added: Sep 6 Last Checked: Sep 13 at 4:47AM

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 Keller Williams Realty WNY

Investment Insights

Based on property information with market context.

This multifamily property includes two separate houses on one lot, with each residence configured with two bedrooms and one bathroom. The front house was occupied recently and needs cleaning along with limited additional work, while the rear house requires a full rehabilitation. The property is being offered in its current condition and was built in 1875.

Located near High Street, the property offers access to local amenities, schools, hospitals, and public transportation. The two-building layout supports a residential income property strategy, subject to the condition and renovation requirements of each house.

Key Highlights

  • Two separate houses situated on one lot
  • Each house includes 2 bedrooms and 1 bathroom
  • Rear house requires a full rehabilitation

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Kitchen & Bath Showroom Auto Parts Store Building Supply HVAC Service

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

697
Businesses Nearby

Demographics for 14211, NY

26,449
Population
11,498
Households
2.3
Avg Household Size
32
Median Age
15%
College-Educated
84%
High-School Grad
3.9 sq mi
ZIP Area
6,782
Density / Sq Mi
$34,490
Median Household Income
$30,705
Median Earnings
$1,008
Median Rent
$91,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Multifamily property - Two separate residences provide a multifamily configuration with value-add renovation needs and access to nearby services.
Where is this multifamily property located?
The property is located at 306 Johnson Street Buffalo, NY.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: Two separate houses situated on one lot; Each house includes 2 bedrooms and 1 bathroom; Rear house requires a full rehabilitation
More about this property
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