Erie County, NY Multifamily Properties for Sale

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Updated: Mar 11

Mixed-Use Corner Property with Parking

5476 Broadway Street, Lancaster, NY 14086

$649,000

9,856 sqft 0.22 AC lot

Mixed‑use corner lot with two buildings at 5476 Broadway St, plus adjacent parcel at 9 School St
Front building offers two retail storefronts, each about 1,000 SF; includes a custom cabinet/countertop showroom and a restaurant
Front building apartments: 4 units on the second floor (two 2‑bedroom and two 1‑bedroom)
Rear building includes 3 apartments (one 1‑bedroom and two 2‑bedroom) with garage parking
Adjacent lot at 9 School St adds about 7,000 SF, which can be converted into additional parking

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5476 Broadway Street, Lancaster, NY 14086

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Est. Cap Rate

8.8%
Above avg (5.9%)
Est. NOI

$57K
Annual
Price @ 7% Cap

$813K
Above asking
Property Type

Apartments (Generic)
Built 1920

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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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Lake Erie Waterfront Multi-Home Property

8926 Lake Shore Road, Angola, NY 14006

$599,900

2,472 sqft 0.29 AC lot

Three residences on private deeded Lake Erie beach frontage offer direct lake access with ready-to-occupy flexibility.

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Corner Investment Opportunity in Hamburg

4572 Clark Street, Hamburg, NY 14075

$549,900

5,828 sqft 0.25 AC lot

Fully tenant-occupied commercial property with strong cash flow.

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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

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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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

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

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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Four-Unit Quadplex with Full Basement

4181 Legion Drive, Hamburg, NY 14075

$399,000

3,288 sqft 0.24 AC lot

Four all-first-floor apartments with shared laundry and an open parking lot, offered with a full basement.

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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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Three-Unit Multifamily with Finished Basement

40 Princeton Place, Orchard Park, NY 14127

$499,000

3,176 sqft 0.25 AC lot

Three-unit property with two driveways and a finished basement recreation area, zoned commercial.

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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

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

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

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

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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Duplex Income Property with Detached Garage Apartment

139-141 Hillside Avenue, Orchard Park, NY 14127

$255,000

2,235 sqft 0.33 AC lot

Detached garage apartment with separate driveway provides built-in rental income alongside a recently updated owner-occupied home.

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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

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

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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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

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 Residential Income Duplex

25 Cotton Street, Lancaster, NY 14086

$349,900

2,150 sqft 0.30 AC lot

Well-maintained two-family home with two 2-bedroom units, private outdoor space, and a two-car garage plus bonus basement.

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Erie County, NY Multifamily Properties Market Trends and Statistics

Explore 462 multifamily properties for sale in Erie County, NY, showcased through 462 active listings on our real estate platform. These investment opportunities span a total of 1,335,255 square feet of properties for sale, with an estimated market value of $124,160,594.

Sale prices for multifamily properties in Erie County, NY start at $75,000, averaging $324,179, and reaching up to $5,000,000 — 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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