$434,900

1042 Elmwood Avenue, Buffalo, NY 14222

  • 3 beds |
  • 4 baths |
  • 3,501 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon3,751sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $124/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Turnkey 4 unit investment property in the heart of Buffalo’s highly desirable Elmwood Village, offering strong rental demand, mixed use zoning and good income. Located close to Delaware Park, Bidwell Parkway, and some of Buffalo's best shops, dining, and cultural attractions, this property benefits from one of the city’s most stable and sought-after rental markets. The building consists of a 1st floor studio with updated kitchen and bath, hardwood floors, decorative fireplace, and front porch access, along with a recently renovated 2nd floor 1 bedroom that is currently vacant and ready to lease or owner occupy. Renovations include refinished hardwood floors, fresh paint, updated lighting, new outlets and ceiling fans, a second decorative fireplace, leaded glass window, and a private porch overlooking Elmwood Ave. Two additional 1 bedroom units at the rear feature identical layouts with full baths, large living rooms, and spacious kitchens. A full walk-up attic provides potential for future value-add or additional income, while the basement offers a shared laundry area with washer and dryer included. Each unit has its own forced-air furnace and tenants pay their own utilities with the exception of Unit 3, keeping operating costs low. Refrigerators & stoves included in the sale, the tear-off roof is approximately five years old and the fenced backyard adds additional tenant appeal. Whether you are seeking immediate cash flow, a low-maintenance asset in a prime location, or a property with long-term upside, this Elmwood Village 4 unit represents a rare opportunity in a proven rental market.

Listing Status:
Pending
Date Added:
January 5, 2026
Data Last Updated:
February 11, 2026 at 4:16AM
Listing Office:
HUNT Real Estate Corporation : 716-832-4838
Listing Agent:
Jesse Lunn : 716-430-1202
MLS ID:
B1656534
  • General: Ceiling Fan(s)Natural Woodwork
  • Appliances: Gas Water Heater
  • Basement: Full
  • Flooring: HardwoodLaminateTileVaries
  • Heating: GasForced Air
  • Fireplace: Fireplaces: 0
  • General: BalconyFencePatio
  • Style: Fourplex
  • Other Structures: BalconyPatio
  • Parking: On Street
  • Roofing: AsphaltFlat
  • Windows: Leaded GlassThermal Windows
  • General: Wood SidingCopper Plumbing3Stone
  • Road/Access: City Street
  • Originating MLS: NYS_B
  • School District: Buffalo
  • County: Erie
  • Zoning: 140200-089-690-0003-009-000
  • Fencing: Partial
  • Utilities: Sewer ConnectedWater ConnectedCircuit Breakers
  • Water: ConnectedPublic
  • Sewer: Connected
  • Source: NYS_B

This listing courtesy of Jesse Lunn , HUNT Real Estate Corporation

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

I

International School

141 Hoyt St, Buffalo, NY, 14213

Grades PK-8

0.63 miles away

I

International School

141 Hoyt St, Buffalo, NY, 14213

Grades PK-8

0.63 miles away

L

Lafayette International School

370 Lafayette Ave, Buffalo, NY, 14213

Grades 9-12

0.49 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.