Renovated
767 West Avenue Buffalo, NY 14213
For Sale
$474,900
MULTI_FAMILY - Other - Buffalo, NY
Property Size3,938 SF
Lot Size0.07 Acres
Price / SF$120.59
Days on Market59
Property Features for 767 West Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
9
Bathrooms
4
Rooms
Bathroom 2, Bedroom 7, Bedroom 6, Bathroom 1, Basement, Bedroom 1, Bedroom 5, Bedroom 8, Bedroom 2, Bedroom 4, Bedroom 9, Bathroom 4, Bathroom 3, Bedroom 3
Parking features
Driveway, On Street
Interior features
Attic
Appliances
GasWaterHeater
Standard status
Active
APN
140200-099-500-0002-018-000
Size
3,938 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
6710
Utilities
Heating system
Forced Air, Natural Gas
Water source
Public
Building Details
Year built
1900
Floors in Building
2
Number of units
4
Flooring type
Vinyl, Varies
Building materials
VinylSiding
Roof type
Shingle
Architectural style
Other
Listing Agency:
Keller Williams Realty WNY
(716) 832-3300
Listed By:
Dalton Reynolds · License #10401342408
(716) 352-8679
Added: Jun 1
Changed: Jul 28
Last Checked: Jul 29 at 6:06PM
MLS# B1686290
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.
This property at 767 West Avenue is a renovated four-unit quadplex featuring four spacious apartments with updated kitchens and bathrooms. In addition to the main units, the building includes a finished attic space, providing extra flexibility for a variety of residential layouts. The property is presented as turnkey and ready for immediate occupancy or rental use.
The building is located on Buffalo’s West Side in Erie County, with easy access to amenities and public transportation as noted in the remarks. The lot area is listed at 0.0733 acres.
With four separate apartments and an additional finished attic, this asset may suit investors or owner-operators seeking a straightforward multi-unit residential structure. Its renovation and updated interior components can help reduce near-term turn-over work for new tenants, while the added attic space offers a practical option for maximizing usable interior area within the existing building footprint.
The building is located on Buffalo’s West Side in Erie County, with easy access to amenities and public transportation as noted in the remarks. The lot area is listed at 0.0733 acres.
With four separate apartments and an additional finished attic, this asset may suit investors or owner-operators seeking a straightforward multi-unit residential structure. Its renovation and updated interior components can help reduce near-term turn-over work for new tenants, while the added attic space offers a practical option for maximizing usable interior area within the existing building footprint.
Key Highlights
- Multi‑family with 4 apartments, featuring multiple bedrooms and 4.1 baths listed across Rooms
- Finished attic space adds extra usable living area
- Heating: forced air with natural gas; gas water heater
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $59.1k | $15.00 |
| − Vacancy | −$3.2k | −$0.83 |
| EGI | $55.8k | $14.17 |
| − OpEx | −$16.7k | −$4.25 |
| NOI | $39.1k | $9.92 |
3,938 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$558.2K
$488.4K – $651.3K
NOI $39,075 @ 7.0% cap · market cap 8.23%
Second Best
Apartment 5plus
$514.2K
$449.9K – $599.9K
NOI $35,991 @ 7.0% cap · market cap 7.58%
Theoretical Best
Office A
$947.0K
$828.6K – $1.10M
NOI $66,291 @ 7.0% cap · market cap 13.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Turnkey quadplex with four renovated apartments and a finished attic space for added versatility.
Where is this quadplex located?
The property is located at 767 West Avenue Buffalo, NY.
What is the asking price?
The asking price for this property is $474,900.
What are key features of this property?
This property features: Multi‑family with 4 apartments, featuring multiple bedrooms and 4.1 baths listed across Rooms; Finished attic space adds extra usable living area; Heating: forced air with natural gas; gas water heater
