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Three-Story Multifamily Property
For Sale
$250,000

333 Elmwood Ave, Buffalo, NY 14222

All-brick urban rental property with established room inventory and shared or private bathroom configurations.

Property Size9,684 SF
Price / SF$25.82
Days on Market20

Property Features for 333 Elmwood Ave

General Information

Standard status Active
Size 9,684 SF

Building Details

Year Built 1910
Listing Agency: Keller Williams Realty WNY
Listed By: Anthony Dubreville · License #10401347097
Source: Skinnercnyrealty
Added: Sep 16 Changed: Sep 24 Last Checked: Oct 2 at 11:45PM

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 all-brick multifamily property at 333 Elmwood Ave is a three-story lodging house totaling approximately 9,684 square feet. The current layout includes 16 rentable rooms, with six rooms offering private bathrooms and shared bathrooms serving the balance. Built in 1910, the property is operating at 87% occupancy and provides an established rental configuration.

The building is situated in Buffalo’s Elmwood Bryant area, along Elmwood Avenue between Elmwood Village and Allentown. Shops, restaurants, cafes, galleries, cultural destinations, public transit, and nearby employment centers are located within the surrounding urban corridor, including the Buffalo Niagara Medical Campus and Oishei Children’s Hospital.

The existing use can continue as a room-rental property, while the source information also identifies possible repositioning, renovation, or conversion to larger apartment-style units, subject to applicable approvals.

Key Highlights

  • 16 rentable rooms in a three‑story lodging house
  • Approximately 9,684 square feet on an urban Buffalo corridor
  • Six rooms feature private bathrooms; additional rooms use shared bathrooms

Property Analytics

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Current Use

KaPiTaL3 Construction Company

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Locksmith Butcher Carpet & Flooring Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,430
Businesses Nearby

Demographics for 14222, NY

13,629
Population
7,355
Households
1.9
Avg Household Size
32
Median Age
63%
College-Educated
98%
High-School Grad
1.2 sq mi
ZIP Area
11,358
Density / Sq Mi
$83,692
Median Household Income
$50,045
Median Earnings
$1,168
Median Rent
$408,100
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?
Multifamily property - All-brick urban rental property with established room inventory and shared or private bathroom configurations.
Where is this multifamily property located?
The property is located at 333 Elmwood Ave Buffalo, NY.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 16 rentable rooms in a three‑story lodging house; Approximately 9,684 square feet on an urban Buffalo corridor; Six rooms feature private bathrooms; additional rooms use shared bathrooms
More about this property
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