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Historic 5-Unit Apartment Building
For Sale
$759,000

46 Norwood Avenue, Buffalo, NY 14222

MultiFamily, Buffalo, NY

Property Size7,685 SF
Lot Size0.22 Acres
Price / SF$98.76
Days on Market48

Property Features for 46 Norwood Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Rooms Basement, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
Parking features Garage
Window features Skylight(s), Wood Frames
Patio and Porch features Patio, Porch
Interior features EntranceFoyer, Storage, Skylights, NaturalWoodwork
Exterior features BlacktopDriveway, Fence, Patio
Fencing Fenced
Fireplace 1
Appliances Dryer, Dishwasher, GasOven, GasRange, GasWaterHeater, Microwave, Refrigerator, Washer
Lot features Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Elementary school district Buffalo
Middle school district Buffalo
High school district Buffalo
Directions Richmond Ave or Elmwood Ave to Bryant Street to Norwood Ave (Norwood Ave is one-way)
Subdivision Buffalo City-140200
Standard status Active
APN 140200-100-610-0002-005-000
Size 7,685 SF
Lot size 0.22 Acres

Taxes and HOA fees

Tax Annual Amount 12207

Utilities

Heating system Natural Gas, Hot Water(Heating)
Water source Public

Building Details

Year built 1870
Floors in Building 3
Number of units 5
Flooring type Tile, Carpet, Hardwood, Laminate, Varies
Building materials WoodSiding, CopperPlumbing
Roof type Flat, Shingle, Asphalt
Additional Structures Storage
Listing Agency: Gurney Becker & Bourne
Listed By: Jeffrey Moyer · License #10401225154
Added: Jul 18 Changed: Sep 1 Last Checked: Sep 3 at 3:06AM
MLS# B1698573

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1870, this 5-unit apartment property contains 7,685 square feet on a 0.22-acre parcel. The layout includes two 2-bedroom apartments, a 1-bedroom apartment, a studio, and a third-floor 2-bedroom apartment. Interior character includes hardwood floors, natural woodwork, leaded glass, decorative fireplaces, a two-story foyer, and a solarium. Several units feature updated kitchens, while the property also provides storage, laundry hookups, and porches.

Major improvements completed in 2020 include a tear-off roof and gutters, two newer Dunkirk boilers, and upgraded 200-amp electrical service. Additional features include a sump pump, fenced grounds, a blacktop driveway, a garage, and parking for 6+ cars. The property is located on Norwood Avenue in Buffalo’s Elmwood Village and uses public water.

Key Highlights

  • 5‑unit apartment property with 7,685 square feet on 0.22 acres
  • Unit mix includes two 2‑bedroom apartments, a 1‑bedroom apartment, a studio, and a third‑floor 2‑bedroom apartment
  • Two newer Dunkirk boilers, tear‑off roof and gutters, and updated 200‑amp electric service completed in 2020

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.

Lease Details

5
Residential units

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 - Historic Buffalo residence converted to five apartments with parking, storage, and updated major 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: 5‑unit apartment property with 7,685 square feet on 0.22 acres; Unit mix includes two 2‑bedroom apartments, a 1‑bedroom apartment, a studio, and a third‑floor 2‑bedroom apartment; Two newer Dunkirk boilers, tear‑off roof and gutters, and updated 200‑amp electric service completed in 2020
More about this property
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