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One-Bedroom Quadplex Portfolio
New
For Sale
$1,400,000

450 Colvin Ave, Buffalo, NY 14216

Three four-unit residential properties are offered together, with one-bedroom apartments at each address.

Property Size3,924 SF
Price / SF$356.78
Days on Market4

Property Features for 450 Colvin Ave

General Information

Standard status Active
Size 3,924 SF
Property subtype Multi-Family
Occupancy 75%

Units

Unit Mix 12 x 1BR
Multifamily Units 12

Building Details

Year Built 1910
Buildings 3
Listing Agency: Symphony Real Estate LLC
Listed By: Tyler Ciffa · License #10401327761
Source: Skinnercnyrealty
Added: Oct 2 Changed: Oct 3 Last Checked: Oct 4 at 3:10PM

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 Symphony Real Estate LLC

Investment Insights

Based on property information with market context.

This residential portfolio combines three quadplexes, each configured with four one-bedroom apartments, for 12 units in total. The property at 450 Colvin Ave was built in 1910. The package is approximately 75% occupied and is being sold as a single offering.

The other two properties are located at 255 Saranac Ave and 2500 Delaware Ave in Buffalo, New York. The Colvin Avenue property is also listed at 3,924 square feet.

Key Highlights

  • Three‑property package totaling 12 one‑bedroom apartments
  • Four apartments per property
  • Approximately 75% occupied

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Kitchen & Bath Showroom Real Estate Agency Electrical Service Daycare Center

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

12
Residential units
75%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,098
Businesses Nearby

Demographics for 14216, NY

22,979
Population
12,773
Households
1.8
Avg Household Size
37
Median Age
54%
College-Educated
94%
High-School Grad
2.8 sq mi
ZIP Area
8,207
Density / Sq Mi
$70,260
Median Household Income
$47,823
Median Earnings
$1,152
Median Rent
$260,700
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?
Quadplex - Three four-unit residential properties are offered together, with one-bedroom apartments at each address.
Where is this quadplex located?
The property is located at 450 Colvin Ave Buffalo, NY.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Three‑property package totaling 12 one‑bedroom apartments; Four apartments per property; Approximately 75% occupied
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