$450,000

318 Virginia Street, Buffalo, NY 14201

8 beds |
5 baths |
4,976 sqft

Multi-Family Home
Built in 1900
2,901sqft lot
—— car garage
$90/sqft
Listed 4 months ago

Property Description

Prime Multifamily Investment Opportunity in Buffalo, NY! Welcome to 318 Virginia Street, a well-maintained 4-unit multifamily property ideally situated on Buffalo’s vibrant West Side, just minutes from Downtown Buffalo and the waterfront. The building offers a strong unit mix featuring two 1-bedroom apartments and two spacious 3-bedroom units, appealing to a wide range of tenants. This property delivers reliable rental income with upside potential through rent adjustments and light value-add improvements. Well-proportioned layouts, separate living spaces, and a highly convenient location support long-term tenant demand. With close proximity to local shops, restaurants, parks, public transportation, and major commuter routes, 318 Virginia St presents an excellent opportunity for investors seeking cash flow and long-term appreciation in a desirable West Side neighborhood. Additional opportunity: 308 and 348 Virginia Street may also be purchased together as a portfolio.

Listing Status:: Active
Date Added:: November 14, 2025
Data Last Updated:: April 5, 2026 at 10:19PM
Listing Office:: HUNT Commercial Real Estate Corp. of Buffalo New York : 716-854-5943
Listing Agent:: Nicholas Corto : 716-864-1929
MLS ID:: B1650719

Appliances: Gas Water Heater
Basement: Full
Flooring: HardwoodTileVariesVinyl
Heating: GasBaseboard
Fireplace: Fireplaces: 0

Parking: No Driveway

Roofing: AsphaltShingle
General: OtherSee Remarks2

Road/Access: City Street
Originating MLS: NYS_B
School District: Buffalo
County: Erie

Zoning: 140200-111-210-0007-037-000

Utilities: Sewer ConnectedWater Connected
Water: ConnectedPublic
Sewer: Connected

Source: NYS_B

This listing courtesy of Nicholas Corto , HUNT Commercial Real Estate Corp. of Buffalo New York

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Herman Badillo Bilingual Academy

315 Carolina St, Buffalo, NY, 14201

Grades PK-8

0.17 miles away

Herman Badillo Bilingual Academy

315 Carolina St, Buffalo, NY, 14201

Grades PK-8

0.17 miles away

Hutchinson Central Technical High School

256 S Elmwood Ave, Buffalo, NY, 14201

Grades 9-12

0.30 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.