Fourplex
370 Breckenridge St · Buffalo, NY
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $691 – $1,283
Heat risk 3/10 · Minor
- Hot days now (above 91°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 4 days/yr
- Unhealthy air days in 30 yrs
- 9 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the A grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +30.0/30.0
- ARV discount +15.0/15.0
- DSCR +10.0/10.0
- 1% rule +9.7/10.0
- Appreciation +8.8/10.0
- Livability +3.9/5.0
- Schools +3.8/10.0
- Rent growth +2.5/5.0
- Condition / age +2.2/5.0
$423,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Multi-family units
County records classify this as Multi-Family (5+ Unit). Listing-text estimate: 4 units. estimate disagrees with records
5+ unit building — per-unit beds/baths from public records are typically unavailable; the breakdown below (if shown) is an estimate from the listing text.
Listing remarks MLS
MUST SEE!!! Come see this MASSIVE 5200+ sq ft, four-family home that is cash flowing & turnkey. This attractive vinyl-clad home, located on a quiet, peaceful road in the City of Buffalo, has FANTASTIC rental potential and is steps from Elmwood Village. Updates include tear-off architectural Roof, gutters, and electrical 2017, newer HWT, and new furnaces. This 4-unit property is conveniently located close to Downtown Buffalo, major roadways, suburban centers, schools, shopping & entertainment and is an incredible investment opportunity or perfect for owner occupied buyers who find value in collecting rent to help with or cover a mortgage!
Key facts
- Vinyl clad exterior
- Full basement
- Washer dryer hookups
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4 × 2-bed/1.0-bath units multifamily listed at $423k. Condition is rated fair.
- This rent per unit runs 35% of the median local income ($54k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Deal economics
- At list price, monthly cash flow is $2k ($29k/yr) — positive. Per door: $602/mo.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($6k rent vs $423k).
- Recommended offer: $372k (12.0% below list) — sets the bar for market timing.
- Cap rate 13.1% vs local median 6.9% in Buffalo — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 77/100 on livability (#195 in NY, #3,011 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, health & safety A+; Watch: crime F, employment D-.
- Buffalo City School District (urban): math 41% / reading 40% proficiency, ranked #535 of 590 in NY (top 91%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 75% free/reduced lunch — lower-income household profile, screen leases tightly.
- Zoned schools: International School (math 8% / reading 17%, grade F, #2,048 of 2,108 statewide, top 97%, 981 students, 92% FRL); Hutchinson Central Technical High School (math 96% / reading 32%, grade B-, #807 of 1,100 statewide, top 73%, 1,175 students, 78% FRL).
- Market conditions: 247 active listings in the ZIP; 1,244 units permitted in Erie County in 2024 (563 in 5+ unit buildings).
Forward outlook
- In year one you build about $35k of equity ($3k loan paydown + $32k appreciation (7.5% local appreciation)).
- At projected returns (7.5% appreciation + 3.0% rent growth), your $118k cash investment doubles in ~2 years — after that, you're playing with house money.
- By year 2, paydown + projected appreciation supports a ~$56k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 148 days — a 12% lower offer ($372k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts since 5y ago; this cycle's ask has dropped $27k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $355k; 19% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Watch-outs: built in 1902 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 148 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
- What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
- Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
- Built in 1902 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.47% ✓
- Cap rate
- 13.13%
- Cash-on-cash
- 24.40%
- DSCR
- 2.09
- GRM
- 5.7
CMA / ARV
- ARV (median comp)
- $811,164
- List price
- $423,000
- Delta
- -47.85%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 578 Richmond Ave | 0.30mi | 8/5.5 | 4,956 (-6%) | 12mo | $765,000 | $154 | 61 |
| 88 Arnold St | 0.07mi | 7/4.0 (-1) | 4,284 (-18%) | 10mo | $375,000 | $88 | 58 |
| 877 Prospect Ave | 0.72mi | 8/4.0 | 5,136 (-2%) | 10mo | $358,000 | $70 | 54 |
| 359 Potomac Ave | 0.48mi | 8/4.0 | 5,088 (-3%) | 23mo | $120,000 | $24 | 53 |
| 37 Inwood Pl | 1.06mi | 8/4.0 | 5,696 (+8%) | 6mo | $590,000 | $104 | 46 |
| 171 Lafayette Ave | 0.29mi | 9/3.0 (+1) | 4,630 (-12%) | 18mo | $487,695 | $105 | 43 |
| 294 Baynes St | 0.47mi | 7/4.0 (-1) | 4,314 (-18%) | 13mo | $450,000 | $104 | 37 |
| 320 Bird Ave | 0.63mi | 8/4.0 | 4,200 (-20%) | 16mo | $375,000 | $89 | 32 |
| 497 Norwood Ave | 0.42mi | 7/4.0 (-1) | 4,402 (-16%) | 22mo | $590,000 | $134 | 32 |
| 28 York St | 0.93mi | 9/5.0 (+1) | 4,736 (-10%) | 12mo | $260,000 | $55 | 29 |
| 475 Fargo Ave | 0.67mi | 7/4.0 (-1) | 6,260 (+19%) | 14mo | $315,000 | $50 | 27 |
| 700 Lafayette Ave | 0.83mi | 9/5.0 (+1) | 4,604 (-12%) | 13mo | $830,000 | $180 | 24 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
7.51% appreciation · 3.0% rent growth · sell at horizon
- IRR
- 38.5%
- Equity multiple
- 3.65×
- Total profit
- $314,376
- Equity at exit
- $307,425
- IRR
- 34.6%
- Equity multiple
- 7.74×
- Total profit
- $797,742
- Equity at exit
- $597,400
Cash invested: $118,440 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 15 Strongly Tenant-Friendly
- State New York
- 15 Strongly Tenant-Friendly · D+10
- County
- — inherits STATE
- City
- — inherits STATE
Active competition Active MLS
- For sale now
- 6 active · 6 under contract
- Months of supply
- 36.0 mo (3%/mo absorbed)
- Median asking
- $536,950 ($117/sqft)
- Median days on market
- 50 d
- This list price
- 33% of active listings are priced below it
- ARV vs active asking
- +32.0% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 14213
- Home prices YoY
- 1.7%
- Active inventory
- 247
- Price-to-rent
- 22.7×
Monthly cashflow live
- Estimated rent
- $6,200 medium interval (Pro) →
- Mortgage (P&I)
- −$2,218
- Tax from tax record
- −$95 /mo · $1,140/yr
- Insurance
- −$176
- HOA
- −$0
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$1,302
- Net cashflow
- $2,409
4-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 4× units | 2 | 1 | $6,200 |
| #1 | 2 | 1 | $1,550 |
| #2 | 2 | 1 | $1,550 |
| #3 | 2 | 1 | $1,550 |
| #4 | 2 | 1 | $1,550 |
| Total (4 units) | $6,200 | ||
Break-even live
Sensitivity live
| Price | -10% $2,648 | -5% $2,528 | +0% $2,409 | +5% $2,289 | +10% $2,169 |
|---|---|---|---|---|---|
| Rent | -10% $1,919 | -5% $2,164 | +0% $2,409 | +5% $2,653 | +10% $2,898 |
| Rate | -1.0pp $2,622 | -0.5pp $2,516 | base $2,409 | +0.5pp $2,299 | +1.0pp $2,187 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $105,750
- Closing costs
- $12,690
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 325 Breckenridge St Buffalo, NY | 2.0 | 1.0 | 1000 | $1,200 | $1.20 | 10d | 1 | 0.09mi |
| 423 Breckenridge St Apt 2 Buffalo, NY | 2.0 | 1.0 | 1250 | $1,590 | $1.27 | 10d | 1 | 0.11mi |
| 348 Auburn Ave Buffalo, NY | 3.0 | 1.0 | 1200 | $1,300 | $1.08 | 7d | 1 | 0.12mi |
| 12 Baynes St Buffalo, NY | 3.0 | 1.5 | 1208 | $1,800 | $1.49 | 10d | 1 | 0.14mi |
| 411 W Ferry St Buffalo, NY | 2.0 | 1.0 | 900 | $1,100 | $1.22 | 110d | 1 | 0.15mi |
| 136 Parkdale Ave Unit 1 Buffalo, NY | 1.0 | 1.0 | 900 | $900 | $1.00 | 139d | 1 | 0.15mi |
| 375 Hampshire St Buffalo, NY | 3.0 | 1.0 | 1200 | $1,100 | $0.92 | 139d | 1 | 0.17mi |
| 257 Lafayette Ave Apt 207 Buffalo, NY | 2.0 | 1.0 | 740 | $1,400 | $1.89 | 88d | 1 | 0.20mi |
| 257 Lafayette Ave Apt 319 Buffalo, NY | 2.0 | 1.0 | 900 | $1,400 | $1.56 | 93d | 1 | 0.20mi |
| 257 Lafayette Ave Buffalo, NY | 2.0 | 1.0 | 740 | $1,400 | $1.89 | 82d | 1 | 0.20mi |
| 257 Lafayette Ave Unit 317 Buffalo, NY | 2.0 | 1.0 | 897 | $1,400 | $1.56 | 119d | 1 | 0.20mi |
| 478 Breckenridge St Buffalo, NY | 3.0 | 1.0 | 1100 | $1,575 | $1.43 | 139d | 1 | 0.21mi |
| 310 Hampshire St Apt 3 Buffalo, NY | 3.0 | 1.0 | 1200 | $1,500 | $1.25 | 139d | 1 | 0.26mi |
| 528 Richmond Ave Unit 3 Buffalo, NY | 2.0 | 1.0 | 1000 | $1,300 | $1.30 | 10d | 1 | 0.28mi |
| 196 Auburn Ave Buffalo, NY | 3.0 | 1.0 | 1000 | $1,300 | $1.30 | 139d | 1 | 0.30mi |
| 67 Herkimer St Buffalo, NY | 3.0 | 1.0 | 1000 | $1,200 | $1.20 | 7d | 1 | 0.31mi |
| 590 Richmond Ave Unit 4 Buffalo, NY | 1.0 | 1.0 | 1000 | $1,475 | $1.48 | 10d | 1 | 0.31mi |
| 155 Lafayette Ave Buffalo, NY | 3.0 | 1.0 | 1216 | $1,650 | $1.36 | 88d | 1 | 0.31mi |
| 460 Rhode Island St Buffalo, NY | 2.0 | 1.0 | 1089 | $1,500 | $1.38 | 110d | 1 | 0.37mi |
| 311 Herkimer St #1 Buffalo, NY | 3.0 | 1.0 | 1272 | $1,400 | $1.10 | 110d | 1 | 0.37mi |
| 77 California St Unit 1 Buffalo, NY | 2.0 | 1.0 | 800 | $1,100 | $1.38 | 139d | 1 | 0.41mi |
| 163 W Delavan Ave Buffalo, NY | 3.0 | 1.0 | 1000 | $1,500 | $1.50 | 119d | 1 | 0.43mi |
| 108 Greenwood Pl Unit 2 Buffalo, NY | 3.0 | 1.0 | 900 | $1,350 | $1.50 | 10d | 1 | 0.43mi |
| 350 Herkimer St Buffalo, NY | 3.0 | 1.0 | 1000 | $1,450 | $1.45 | 77d | 1 | 0.44mi |
| 674 Richmond Ave Unit 1 Buffalo, NY | 2.0 | 1.0 | 1300 | $1,395 | $1.07 | 2d | 1 | 0.45mi |
| 674 Richmond Ave Unit 1 Buffalo, NY | 2.0 | 1.0 | 1300 | $1,595 | $1.23 | 74d | 1 | 0.45mi |
| 484 Ashland Ave Unit 9 Buffalo, NY | 2.0 | 1.0 | 800 | $1,250 | $1.56 | 119d | 1 | 0.47mi |
| 466 W Delavan Ave Unit 3 Buffalo, NY | 1.0 | 1.0 | 800 | $1,350 | $1.69 | 139d | 1 | 0.47mi |
| 236 Massachusetts Ave Unit 5 Buffalo, NY | 1.0 | 1.0 | 1000 | $1,100 | $1.10 | 139d | 1 | 0.50mi |
| 236 Massachusetts Ave Unit 5 Buffalo, NY | 1.0 | 1.0 | 1000 | $1,050 | $1.05 | 110d | 1 | 0.50mi |
| 44 Lowell Pl Buffalo, NY | 1.0 | 1.0 | 850 | $1,200 | $1.41 | 107d | 1 | 0.50mi |
| 351 Ashland Ave #1 Buffalo, NY | 3.0 | 1.0 | 1286 | $2,350 | $1.83 | 10d | 1 | 0.52mi |
| 185 Potomac Ave Buffalo, NY | 2.0 | 1.0 | 1200 | $1,300 | $1.08 | 119d | 1 | 0.52mi |
| 501 Plymouth Ave Unit 2- 2nd Floor Buffalo, NY | 3.0 | 1.0 | 1100 | $1,350 | $1.23 | 10d | 1 | 0.53mi |
| 238 Lexington Ave Unit 3 Buffalo, NY | 1.0 | 1.0 | 1100 | $1,400 | $1.27 | 10d | 1 | 0.54mi |
| 232 Dewitt St Buffalo, NY | 3.0 | 1.0 | 1200 | $1,300 | $1.08 | 119d | 1 | 0.56mi |
| 232 Dewitt St Unit 1 Buffalo, NY | 3.0 | 1.0 | 1200 | $1,300 | $1.08 | 10d | 1 | 0.56mi |
| 715-721 Elmwood Ave Unit 717-4 Buffalo, NY | 1.0 | 1.0 | 700 | $1,425 | $2.04 | 67d | 1 | 0.57mi |
| 273 Richmond Ave Buffalo, NY | 1.0–2.0 | 1.0–1.5 | 789 | $1,819 | $2.31 | 119d | 1 | 0.58mi |
| 420 Grant St Unit upper Buffalo, NY | 3.0 | 1.0 | 800 | $1,300 | $1.62 | 78d | 1 | 0.59mi |
Property features AI
Finance
- Financial info
- Four total units in the buildingSeparate gas meter for each of the 4 unitsFive separate electric metersOperating expenses include waterUnits are rented month-to-monthSample rents listed: $950, $1,050, $760 (varies by unit)
Exterior
- Parking
- On-street parking
- Utilities
- Public water connectedSewer connectedWater service included/owner pays water
- Home design
- Two-story buildingExisting/resale property
- Construction
- Vinyl sidingArchitectural shingle roofStone foundationBuilt (existing) — year not specified
- Exterior features
- Corner lotNear public transitRectangular residential lotCity street and main thoroughfare frontageLot dimensions approximately 35 x 93
Interior
- Kitchen
- Each unit includes an oven/range and refrigeratorEat-in kitchens in all units
- Bedrooms
- Four 2-bedroom units (each unit has 2 bedrooms)
- Flooring
- CarpetLaminateVaries by unit
- Bathrooms
- Four full bathrooms (one per unit)
- Heating & cooling
- Gas forced-air heating
- Interior features
- Natural woodworkVaried interior finishes
- Laundry & utility
- Gas water heater
Listing history 50 events
-
2026-09-24days on market $423,000 Active 148 DOM
-
2026-09-23days on market $423,000 Active 147 DOM
-
2026-09-22days on market $423,000 Active 146 DOM
-
2026-09-21days on market $423,000 Active 145 DOM
-
2026-09-20days on market $423,000 Active 144 DOM
-
2026-09-19days on market $423,000 Active 143 DOM
-
2026-09-18days on market $423,000 Active 142 DOM
-
2026-09-17days on market $423,000 Active 141 DOM
-
2026-09-16days on market $423,000 Active 140 DOM
-
2026-09-15days on market $423,000 Active 139 DOM
-
2026-09-14days on market $423,000 Active 138 DOM
-
2026-09-13days on market $423,000 Active 137 DOM
-
2026-09-12days on market $423,000 Active 136 DOM
-
2026-09-11days on market $423,000 Active 135 DOM
-
2026-09-05days on market $423,000 Active 129 DOM
-
2026-09-04days on market $423,000 Active 128 DOM
-
2026-09-03days on market $423,000 Active 127 DOM
-
2026-08-31days on market $423,000 Active 124 DOM
-
2026-08-29days on market $423,000 Active 122 DOM
-
2026-08-28days on market $423,000 Active 121 DOM
-
2026-08-27days on market $423,000 Active 120 DOM
-
2026-08-25days on market $423,000 Active 118 DOM
-
2026-08-24days on market $423,000 Active 117 DOM
-
2026-08-23days on market $423,000 Active 116 DOM
-
2026-08-22days on market $423,000 Active 115 DOM
-
2026-08-21days on market $423,000 Active 114 DOM
-
2026-08-20price $423,000 Active 113 DOM
-
2026-08-20days on market $450,000 Active 113 DOM
-
2026-08-19days on market $450,000 Active 112 DOM
-
2026-08-18days on market $450,000 Active 111 DOM
-
2026-08-17days on market $450,000 Active 110 DOM
-
2026-08-16days on market $450,000 Active 109 DOM
-
2026-08-15days on market $450,000 Active 108 DOM
-
2026-08-14days on market $450,000 Active 107 DOM
-
2026-08-13days on market $450,000 Active 106 DOM
-
2026-08-12days on market $450,000 Active 105 DOM
-
2026-08-11days on market $450,000 Active 104 DOM
-
2026-08-10days on market $450,000 Active 103 DOM
-
2026-08-09days on market $450,000 Active 102 DOM
-
2026-08-08days on market $450,000 Active 101 DOM
-
2026-08-07days on market $450,000 Active 100 DOM
-
2026-08-06days on market $450,000 Active 99 DOM
-
2026-08-05days on market $450,000 Active 98 DOM
-
2026-08-04days on market $450,000 Active 97 DOM
-
2026-08-03days on market $450,000 Active 96 DOM
-
2026-07-31days on market $450,000 Active 93 DOM
-
2026-07-30days on market $450,000 Active 92 DOM
-
2026-07-30days on market $450,000 Active 91 DOM
-
2026-07-28days on market $450,000 Active 90 DOM
-
2026-07-26days on market $450,000 Active 88 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast NY · Partial reset (capped growth)
- Current annual tax
- $1,140 · $95/mo
- Projected year-2 tax
- $4,144 · $345/mo
- Expected delta
- +$3,005/yr (+$250/mo · 263.6%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 3/10 Moderate 7 d/yr ≥91°F today · 15 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 4/10 Moderate 4 unhealthy d/yr today · 9 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $74,400
- − Mortgage interest
- −$23,695
- − Property taxes
- −$1,140
- − Insurance
- −$2,115
- − Repairs & maintenance
- −$5,952
- − Management
- −$5,952
- − Depreciation
- −$12,305
- Taxable income
- $23,241
- Est. tax owed @ 24.0%
- −$5,578
- After-tax cash flow
- $23,324/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Condition & rehab AI · 3 photos
This 4-unit property requires moderate repairs and maintenance to improve its curb appeal and overall condition, enhancing its resale and rental value.
Repairs flagged
- Minor Vinyl siding — Some discoloration
- Minor Landscaping — Overgrown grass
Value-add opportunities
- Both Paint exterior — Enhances curb appeal and value ↑
- Both Landscaping — Improves curb appeal and value ↑
ⓘ Rehab cost is a screening estimate — Moderate scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
Schools (NCES district)
- District
- Buffalo City School District
- NCES district ID
- 3605850
- Math proficiency
- 41% ▲ 11.00%
- Reading proficiency
- 40% ▲ 7.00%
- Median HH income
- $31,665
- Composite
- 33.17/100
- National rank
- #5544
- State rank
- #535 of 590 in NY
Livability — Buffalo
- Score
- 77/100
- State rank
- #195
- US rank
- #3011
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Buffalo, NY
- County
- Erie County · 933,037 people
- City population
- 440,021
- Metro
- Buffalo-Cheektowaga, NY
- Population (ZIP)
- 24,107
- Household income
- $53,870
- Rent vs Own
- Severe rent burden
- 9% of renters
Population outlook (Erie County) Hauer SSP2
- Today (2025)
- 933,037 people
- By 2030
- 935,181 · +0.2%
- By 2040
- 928,531 · -0.5%
- By 2050
- 905,725 · -2.9%
- By 2075
- 834,037 · -10.6%
- By 2100
- 708,033 · -24.1%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Highly diverse neighborhood (Simpson 0.70)
- Race & ethnicity
- White 46% Hispanic / Latino 20% Black 18% Asian 12% Two or more races 10%
- Hispanic origin (detail)
- Mexican 1% Puerto Rican 16% Dominican 1%
- Common ancestry
- Romanian 6% Slovak 3% Lithuanian 3%
- Foreign-born
- 16% · Philippines, Canada, India
- Languages at home
- 68% English-only · Spanish 12% Other Asian/Pacific 7% Arabic 3%
Political lean MEDSL · Erie
- 2024 margin
- Lean D (+9.7) · D 54.8% · R 45.2%
- 2008→2024 swing
- -7.9pp toward R · 2008: 17.5pp · 2024: 9.7pp
- All cycles
- 2024: D+9.7 2020: D+14.7 2016: D+4.8 2012: D+15.6 2008: D+17.5
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▲ 7.51%
- Current HPI
- 448.4879
- Rent YoY
- —
- Metro
- —
- State GDP YoY
- ▲ 2.60%
- F500 in state
- 92
Industry mix (Fortune 500 HQ in NY)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Financial Services | 10 | $950B |
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| Consumer Goods | 9 | $162B |
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| Insurance | 4 | $225B |
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| Telecommunications | 2 | $144B |
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| Pharmaceuticals | 2 | $112B |
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| Media / Entertainment | 2 | $69B |
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Price history
+718.2% since first listed6 events — show timeline
- 2026-04-29 Listed $450,000 WNYREIS
- 2022-03-16 Sold (Public Records) $355,000 Public Records
- 2022-03-09 Sold (MLS) $355,000 WNYREIS
- 2021-12-07 Pending — WNYREIS
- 2021-11-09 Listed $339,900 WNYREIS
- 2006-11-22 Sold (Public Records) $55,000 Public Records
Property tax history
+17.7%/yrLatest (2025): $1,140 · -14.9% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…