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5-Unit Apartment Building with Solarium
For Sale
$759,000

46 Norwood Avenue, Buffalo, NY 14222

Elmwood Village property combines multiple apartment layouts with original architectural elements and updated building systems.

Property Size7,685 SF
Days on Market25

Property Features for 46 Norwood Avenue

General Information

Standard status Active
Size 7,685 SF
Property subtype Multi Family Home

Taxes and HOA fees

Annual Taxes $12,207

Building Details

Building Size 7,685 SF
Year Built 1870
Stories 3
Units 5
Listing Agency: Gurney Becker & Bourne
Listed By: Jeffrey Moyer · License #10401225154
Source: Wcirealty
Added: Jul 27 Changed: Aug 18 Last Checked: Aug 19 at 1:46PM

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 Gurney Becker & Bourne

Investment Insights

Based on property information with market context.

Built in 1870, this 7,685-square-foot apartment building contains five units within a former single-family residence. The property includes a first-floor two-bedroom, two-bath apartment with an updated eat-in kitchen, laundry hookups, hardwood floors, formal dining room, decorative fireplace, and access to a semi-circular solarium. The second level has a two-bedroom, two-bath apartment with an updated kitchen and private porch, plus a one-bedroom apartment and a studio with kitchenette. A third-floor two-bedroom, one-bath apartment completes the residential layout.

Architectural features include a two-story foyer, grand staircase, leaded glass, mosaic tile, coffered ceilings, bay windows, arched windows, and a porte-cochere. Building updates completed in 2020 include a tear-off roof, gutters, two Dunkirk boilers, and updated 200-amp electrical service. Additional improvements include a sump pump, storage areas, parking for 6+ cars, and manicured gardens. The property is located at 46 Norwood Avenue in Buffalo’s Elmwood Village and was built in 1870.

Key Highlights

  • Five apartment units in a 7,685‑square‑foot building
  • Two‑bedroom, two‑bath first‑floor apartment with updated eat‑in kitchen and laundry hookups
  • Second floor includes 2‑bedroom, 2‑bath, 1‑bedroom, and studio units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store HVAC Service Locksmith Butcher Storage Facility

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

2,452
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

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?
Apartment building - Elmwood Village property combines multiple apartment layouts with original architectural elements and updated building systems.
Where is this apartment building located?
The property is located at 46 Norwood Avenue Buffalo, NY.
What is the asking price?
The asking price for this property is $759,000.
What are key features of this property?
This property features: Five apartment units in a 7,685‑square‑foot building; Two‑bedroom, two‑bath first‑floor apartment with updated eat‑in kitchen and laundry hookups; Second floor includes 2‑bedroom, 2‑bath, 1‑bedroom, and studio units
More about this property
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