Search
Renovated 6-Unit Apartment Building

423 Forest Avenue, Buffalo, NY 14213

For Sale
$629,000

Updated rental apartments offer varied layouts, shared laundry, and renovated building systems.

Property Size6,498 SF
Price / SF$96.80
Days on Market57

Property Features for 423 Forest Avenue

General Information

Standard status Active
Size 6,498 SF
Property subtype Multi-Family

Site & Location

Neighborhood Elmwood Bidwell

Units

Unit Mix 4 x 2BR, 2 x 3BR
Multifamily Units 6

Amenities

shared laundry

Building Details

Year Built 1910
Year Renovated 2014
Listing Agency: Howard Hanna WNY Inc.
Listed By: Michael Hartke
Source: 716realtygroup
Added: Sep 20 Changed: Nov 5 Last Checked: Nov 14 at 2:50AM

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 Howard Hanna WNY Inc.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Located at 423 Forest Avenue in Buffalo, this 6-unit apartment property contains four 2-bedroom apartments and two 3-bedroom apartments. The 6,498-square-foot building includes shared laundry and has been continuously occupied by long-term tenants.

Renovations completed in 2014 included kitchens, bathrooms, plumbing, electrical systems, windows, and the roof. Constructed in 1910, the property is near Elmwood Village, Buffalo State University, the Albright Knox Art Museum (AKG), Burchfield Penney Art Center, and Buffalo Historical Museum.

Key Highlights

  • 6,498‑square‑foot apartment building with 6 residential units
  • Unit mix includes four 2‑bedroom apartments and two 3‑bedroom apartments
  • 2014 renovations included kitchens, baths, plumbing, electrical, windows, and roof

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

869
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Apartment buildings in Buffalo, NY

$93.96 Jul
$106 Aug
$119 Sep
$109 Oct

Properties on Market for Apartment buildings in Buffalo

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Updated rental apartments offer varied layouts, shared laundry, and renovated building systems.
Where is this apartment building located?
The property is located at 423 Forest Avenue Buffalo, NY.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: 6,498‑square‑foot apartment building with 6 residential units; Unit mix includes four 2‑bedroom apartments and two 3‑bedroom apartments; 2014 renovations included kitchens, baths, plumbing, electrical, windows, and roof
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Why hide this one?