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Ellicottville Multifamily Investment Opportunity
For Sale
$400,000
Pending

8 Monroe St, Ellicottville, NY 14731

Multifamily property for sale in Ellicottville, NY.

Property Size1,788 SF
Lot Size0.14 Acres
Days on Market266

Property Features for 8 Monroe St

General Information

Standard status Pending
Size 1,788 SF
Lot size 0.14 Acres
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $8,815

Building Details

Building Size 1,788 SF
Year Built 1928
Stories 2
Units 3
Listing Agency: 716 Realty Group WNY LLC
Listed By: Gregory Straus · License #10491211091
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 8 Last Checked: Aug 20 at 10:15AM

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 716 Realty Group WNY LLC

Investment Insights

Based on property information with market context.

This multifamily property, located at 8 Monroe St in Ellicottville, NY, is available for sale. The list price is $400,000.

Key Highlights

  • Year Built: 1928

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Building Supply Electrical Service Auto Repair Shop (Bike/Boat/Book/etc) Store Storage Facility Garden 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.

Location Intelligence

Trade Area within ½ mile

288
Businesses Nearby

Demographics for 14731, NY

1,269
Population
2,501
Households
0.5
Avg Household Size
54
Median Age
37%
College-Educated
94%
High-School Grad
45.5 sq mi
ZIP Area
28
Density / Sq Mi
$64,091
Median Household Income
$37,750
Median Earnings
$908
Median Rent
$255,200
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?
Multifamily property - Multifamily property for sale in Ellicottville, NY.
Where is this multifamily property located?
The property is located at 8 Monroe St Ellicottville, NY.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Year Built: 1928
More about this property
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