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    Buffalo, NY Multifamily Properties for Sale

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    Upgraded Multifamily Investment Opportunity
    Updated: May 21
    Upgraded Multifamily Investment Opportunity

    1280-82 West Avenue, Buffalo, NY 14213

    $498,000
    4,640 sqft 0.25 AC lot
    Two upgraded duplex buildings on one parcel: 1282 W Ave (3/3 upper‑lower double) and 1280 W Ave (side‑by‑side townhouse‑style double)
    Multi‑unit layout: each 1282 W Ave side has 3 bedrooms and 1 bathroom; each 1280 W Ave unit has 2 bedrooms and 1 full bath
    Tenant occupied: 3 of the 4 units are currently tenant occupied, including both units at 1280 W Ave and one unit at 1282 W Ave
    Updates include luxury vinyl flooring and wood cabinetry with granite counters, plus tiled tub surrounds and in‑unit laundry in 1280 W Ave units
    Mechanical and hot water: basement includes washer/dryer sets and a furnace, and units feature tankless water heaters; an additional furnace is in the attic
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    This listing looks promising.

    Here's a quick look at some key insights for

    1280-82 West Avenue, Buffalo, NY 14213

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    • Est. Cap Rate

      8.5%
      Above avg (5.9%)

    • Est. NOI

      $42K
      Annual

    • Price @ 7% Cap

      $606K
      Above asking
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    Brick Quadplex Apartment Building
    Updated: Jun 23
    Brick Quadplex Apartment Building

    425 Joe Mccarthy Drive, Buffalo, NY 14228

    $549,000
    5,034 sqft 0.29 AC lot
    Wonderful 4‑unit brick apartment building built in 1962
    Two units have been updated with new vinyl floors, and two units have hardwood floors under carpet
    Basement includes plenty of storage and laundry hookups
    Utilities: public water service and 5 electric meters
    Heating and cooling include natural gas with zoned baseboard heating and zoned cooling; programmable thermostat
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    Three-Unit Corner Apartment Building
    Three-Unit Corner Apartment Building

    19 School Street, Buffalo, NY 14224

    $279,000
    2,846 sqft 0.42 AC lot

    Three-unit multifamily property with a large basement and recent unit updates, plus strong day-to-day tenant flexibility.

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    Four-Unit Residential Income Property
    Four-Unit Residential Income Property

    248 Millhurst Road, Buffalo, NY 14218

    $275,000
    5,211 sqft 0.33 AC lot

    Four units offer private entrances, basements with laundry hook-ups, and separate outdoor access on a single property.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Historic French Chateau Live-Work Estate
    Historic French Chateau Live-Work Estate

    467 Virginia Street, Buffalo, NY 14202

    $554,900
    6,723 sqft 0.09 AC lot

    1894 French Chateau with restored interior finishes and a private courtyard, offering flexible live-work and office use options.

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    Four-Unit Quadplex with Fenced Yard
    Four-Unit Quadplex with Fenced Yard

    180 Richmond Avenue, Buffalo, NY 14222

    $649,000
    5,186 sqft 0.15 AC lot

    Fully rented four-unit property with updated interiors, shared laundry, and a fenced yard with patio and garage parking.

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    Four-Unit Queen Anne Quadplex
    Four-Unit Queen Anne Quadplex

    182 Lancaster Avenue, Buffalo, NY 14222

    $649,000
    4,549 sqft 0.11 AC lot

    Four-unit residence with updated vacant first-floor unit, newer boiler, shared laundry, and off-street parking.

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    Turnkey 8-Unit Multifamily Property
    Turnkey 8-Unit Multifamily Property

    227 14th Street, Buffalo, NY 14213

    $999,900
    10,467 sqft 0.18 AC lot

    Two-building, eight-unit portfolio with updated interiors and newer roofs, fully rented for immediate operations.

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    Side-by-Side 2-Bedroom Duplex
    Side-by-Side 2-Bedroom Duplex

    260 S Forest Road, Buffalo, NY 14221

    $447,800
    2,754 sqft 0.73 AC lot

    Two updated 2-bedroom units on one lot with fenced yards and in-unit move-in readiness.

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    Mixed-Use Building with Retail Spaces
    Mixed-Use Building with Retail Spaces

    2895 Seneca Street, West Seneca, NY 14224

    $425,000
    6,787 sqft 0.36 AC lot

    Affordable mixed-use building with ample parking, featuring ground-floor commercial space and two second-floor apartments.

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    Restored Three-Unit Multifamily Property
    Restored Three-Unit Multifamily Property

    174 Mariner Street, Buffalo, NY 14201

    $559,900
    3,392 sqft 0.08 AC lot

    Three-unit property with historic interior features and recent exterior and system updates for flexible investor or owner-occupant use.

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    1929 Upper-Lower Duplex
    1929 Upper-Lower Duplex

    136 Lincoln Boulevard, Buffalo, NY 14217

    $269,900
    2,504 sqft 0.10 AC lot

    Well-maintained upper/lower duplex with preserved original details, two porches, and shared rear balcony for both units.

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    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    289 Auburn Avenue, Buffalo, NY 14213

    $339,000
    3,688 sqft 0.10 AC lot

    Three-unit property with hardwood floors, updated interior finishes, and a separate carriage house apartment.

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    Mixed-Use Building in West Seneca
    Mixed-Use Building in West Seneca

    2895 Seneca Street, West Seneca, NY 14224

    $425,000
    6,787 sqft 0.36 AC lot

    Mixed-use building with commercial spaces and apartments, fully rented.

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    Two-Building 5-Unit Multifamily
    Two-Building 5-Unit Multifamily

    1697 Electric Avenue, Buffalo, NY 14218

    $369,900
    3,994 sqft 0.20 AC lot

    Five currently occupied units across two buildings with off-street parking and maintained exterior and mechanical components.

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    Two-Family Residential Income Property
    Two-Family Residential Income Property

    85 Andres Place, Buffalo, NY 14225

    $299,900
    2,518 sqft 0.15 AC lot

    Two separate units with individual utilities and updated heating systems make this property well-suited for owner-occupants or renters.

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    Tenant-Occupied Duplex with Updated Roof
    Tenant-Occupied Duplex with Updated Roof

    1925 S Park Avenue, Buffalo, NY 14220

    $275,000
    2,912 sqft 0.15 AC lot

    Well-maintained duplex with two 3-bedroom units, in-unit laundry, and a roof tear-off completed in 2024.

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    Three-Unit Brick Residential Property
    Three-Unit Brick Residential Property

    64 Prospect Avenue, Buffalo, NY 14201

    $399,999
    2,912 sqft 0.08 AC lot

    Fully updated 3-unit brick building with off-street parking and a shared laundry area with washer and dryer.

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    Turn-Key 3-Unit Residential Income
    Turn-Key 3-Unit Residential Income

    371 Cumberland Avenue, Buffalo, NY 14220

    $285,000
    2,604 sqft 0.09 AC lot

    Professionally maintained 3-unit property with off-street parking, a detached two-car garage, and updated furnaces.

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    Two-Unit Mixed-Use Building
    Two-Unit Mixed-Use Building

    553 S Park Avenue, Buffalo, NY 14204

    $175,000
    3,566 sqft 0.15 AC lot

    Two residential units plus two front storefront spaces, garage/workshop, and extensive basement storage for flexible living or work uses.

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    Spacious Multifamily Property with Business Potential
    Spacious Multifamily Property with Business Potential

    20 East Avenue, Buffalo, NY 14224

    $350,000
    2,521 sqft 0.34 AC lot

    Versatile property with multi-generational living and income potential.

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    Four-Unit Apartment Building
    Four-Unit Apartment Building

    85 Kirby Avenue, Lackawanna, NY 14218

    $249,000
    2,640 sqft 0.09 AC lot

    Four spacious two-bedroom units with updated electrical panels and convenient parking options on a corner lot.

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    Residential Income Triplex with 3-Bed Units
    Residential Income Triplex with 3-Bed Units

    37 Fox Street, Buffalo, NY 14212

    $209,000
    3,152 sqft 0.09 AC lot

    Front two-family layout plus rear single-family home, each with three bedrooms for flexible owner-occupant or rental use.

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    Move-In Ready 2-Unit Duplex
    Move-In Ready 2-Unit Duplex

    1046 Elmwood Avenue, Buffalo, NY 14222

    $489,900
    2,858 sqft 0.13 AC lot

    Two clean, move-in-ready 3-bedroom apartments with flex space, storage, and a rare 3-car garage.

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    Buffalo, NY Multifamily Properties Market Trends and Statistics

    Explore 374 multifamily properties for sale in Buffalo, NY, showcased through 374 active listings on our real estate platform. These investment opportunities span a total of 1,090,312 square feet of properties for sale, with an estimated market value of $107,363,111.

    Sale prices for multifamily properties in Buffalo, NY start at $39,900, averaging $305,877, and reaching up to $5,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 290
    Apartment buildings 76
    Triplexes 37
    Quadplexes 19
    Short term rental properties 3

    Demographics Overview

    Population 586K
    Population Growth (5Y) +6.8%
    Median Household Income $63,542
    College Educated 37.6%

    High-Yield Neighborhoods for Investment

    Identify Buffalo submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    14215 $177.2K
    14211 $180.9K
    14206 $182.1K
    14212 $188.7K
    14207 $195.7K

    Taxes & Financing

    Tax Rate (average for all types) 2.47%
    Property Tax per SF $30.36 per SF
    Tax Rate vs County Average 1.02 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Erie County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Erie County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Buffalo fall within the 10,000 to 25,000 square foot range.

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    Browse Multifamily properties for Sale Near Buffalo, NY

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    Most Searched ZIP Codes in Buffalo, NY

    • 14211
    • 14207
    • 14206
    • 14213
    • 14220
    • 14215
    • 14210
    • 14224
    • 14208
    • 14216
    • 14218
    • 14214

    Featured Buffalo Real Estate Agencies

    Realmo connects you with licensed Buffalo CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    HUNT Commercial
    Buffalo, NY 14203
    www.huntcommercial.com
    Ellicott Development
    Buffalo, NY 14203
    CBRE Buffalo
    Buffalo, NY 14203
    www.cbre.us/people-and-offices/affiliate-offices/buffalo

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