Triplex
268 Georgia 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 B 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 +26.5/30.0
- ARV discount +15.0/15.0
- DSCR +9.0/10.0
- 1% rule +5.9/10.0
- Schools +5.2/10.0
- Condition / age +4.0/5.0
- Livability +3.9/5.0
- Rent growth +3.6/5.0
- Appreciation +0.0/10.0
$469,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Multi-family units
County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 3 units. confirmed
Listing remarks
Discover this stately, fully remodeled all-brick Victorian 3 unit, brimming with turn-of-the-century character and modern comfort. A welcoming front porch leads you into the expansive two-story owner’s unit, offering 3 bedrooms, 2.5 baths, refinished hardwood floors, and soaring 10-foot ceilings. The charming entry foyer and open staircase flow into a spacious living room with a fireplace and elegant plaster crown moldings, a formal dining room, and a beautifully updated kitchen featuring granite countertops, stainless steel appliances, and a large island with bar seating. An office, half bath and convenient in-unit laundry complete the main level.
Key facts
- Front porch
- Updated kitchen
- Two story owner unit
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3 × 3.0-bed/2.5-bath units multifamily listed at $470k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $1k ($15k/yr) — positive. Per door: $413/mo.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($5k rent vs $470k).
- Recommended offer: $414k (12.0% below list) — sets the bar for market timing.
- Cap rate 9.5% vs local median 6.8% 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: Rents rising fast (+4.3%/yr); 112 active listings in the ZIP; lower-income renter base — watch delinquency; 1,244 units permitted in Erie County in 2024 (563 in 5+ unit buildings).
- At $1,703/mo per unit this rent would consume 50% of the median local household income ($41k/yr) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $14k of value loss. Plan a longer hold.
- At projected returns (-3.0% appreciation + 4.3% rent growth), your $132k cash investment doubles in ~9 years — after that, you're playing with house money.
Negotiation context
- It's been on market 138 days — a 12% lower offer ($414k) is reasonable based on typical stale-listing flexibility.
- 8 sale attempts since 13y ago; this cycle's ask has dropped $130k (22%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 138 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?
- Built in 1900 — 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
- 1.09% ✓
- Cap rate
- 9.46%
- Cash-on-cash
- 11.29%
- DSCR
- 1.50
- GRM
- 7.7
CMA / ARV
- ARV (median comp)
- $633,523
- List price
- $469,900
- Delta
- -25.83%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 10 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 64 Prospect Ave | 0.05mi | 5/3.0 | 2,912 (-13%) | 1mo | $390,000 | $134 | 69 |
| 258 Hudson St | 0.53mi | 6/2.0 (+1) | 3,359 (+0%) | 6mo | $150,000 | $45 | 55 |
| 174 Mariner St | 0.72mi | 6/3.0 (+1) | 3,392 (+1%) | 2mo | $560,000 | $165 | 51 |
| 348 Virginia St | 0.36mi | 6/4.0 (+1) | 2,882 (-14%) | 6mo | $328,000 | $114 | 48 |
| 228 West Ave | 0.57mi | 5/2.0 | 2,934 (-12%) | 0mo | $290,000 | $99 | 42 |
| 108 Plymouth Ave | 0.74mi | 5/2.0 | 3,240 (-3%) | 15mo | $280,000 | $86 | 37 |
| 286 W Tupper St Unit S | 0.36mi | 4/3.0 (-1) | 2,892 (-14%) | 17mo | $365,500 | $126 | 35 |
| 58 Mariner St | 0.51mi | 6/2.0 (+1) | 3,017 (-10%) | 15mo | $314,150 | $104 | 32 |
| 132 Cottage St | 0.49mi | 4/2.0 (-1) | 2,960 (-12%) | 23mo | $432,000 | $146 | 23 |
| 286 Hudson St | 0.54mi | 6/2.0 (+1) | 2,860 (-15%) | 20mo | $307,000 | $107 | 18 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 4.28% rent growth · sell at horizon
- IRR
- 1.8%
- Equity multiple
- 1.07×
- Total profit
- $9,185
- Equity at exit
- $70,064
- IRR
- 12.5%
- Equity multiple
- 2.04×
- Total profit
- $136,801
- Equity at exit
- $40,628
Cash invested: $131,572 (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
- 3 active · 9 under contract
- Months of supply
- 2.6 mo (39%/mo absorbed)
- Median asking
- $427,500 ($151/sqft)
- Median days on market
- 9 d
- This list price
- 67% of active listings are priced below it
- ARV vs active asking
- +25.4% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 14201
- Home prices YoY
- -19.1%
- Rents YoY
- 4.3%
- Active inventory
- 112
- Price-to-rent
- 23.0×
Monthly cashflow live
- Estimated rent
- $5,108 high interval (Pro) →
- Mortgage (P&I)
- −$2,464
- Tax from tax record
- −$137 /mo · $1,645/yr
- Insurance
- −$196
- HOA
- −$0
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$1,073
- Net cashflow
- $1,238
3-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 3× units | 3 | 2.5 | $5,109 |
| #1 | 3 | 2.5 | $1,703 |
| #2 | 3 | 2.5 | $1,703 |
| #3 | 3 | 2.5 | $1,703 |
| Total (3 units) | $5,108 | ||
Break-even live
Sensitivity live
| Price | -10% $1,504 | -5% $1,371 | +0% $1,238 | +5% $1,105 | +10% $972 |
|---|---|---|---|---|---|
| Rent | -10% $835 | -5% $1,037 | +0% $1,238 | +5% $1,440 | +10% $1,642 |
| Rate | -1.0pp $1,475 | -0.5pp $1,358 | base $1,238 | +0.5pp $1,117 | +1.0pp $993 |
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
- $117,475
- Closing costs
- $14,097
- 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 |
|---|---|---|---|---|---|---|---|---|
| 11 Whitney Pl Unit 2 Buffalo, NY | 2.0 | 1.5 | 2150 | $1,750 | $0.81 | 2d | 1 | 0.05mi |
| 17 Whitney Pl Buffalo, NY | 2.0 | 1.0 | 2224 | $1,400 | $0.63 | 2d | 1 | 0.06mi |
| 243 Niagara St Unit 3 Buffalo, NY | 2.0 | 1.0 | 976 | $1,185 | $1.21 | 11d | 1 | 0.12mi |
| 243 Niagara St Unit 3 Buffalo, NY | 2.0 | 1.0 | 976 | $1,185 | $1.21 | 10d | 1 | 0.12mi |
| 243 Niagara St Unit 3 Buffalo, NY | 2.0 | 1.0 | 976 | $1,185 | $1.21 | 29d | 1 | 0.12mi |
| 100 S Elmwood Ave Buffalo, NY | 2.0 | 2.0 | 1254 | $2,232 | $1.78 | 164d | 1 | 0.18mi |
| 100 S Elmwood Ave Buffalo, NY | 2.0 | 2.0 | 1297 | $2,325 | $1.79 | 10d | 1 | 0.18mi |
| 136 Prospect Ave Buffalo, NY | 3.0 | 2.0 | 2581 | $2,200 | $0.85 | 10d | 1 | 0.19mi |
| 9 West Ave Buffalo, NY | 2.0 | 1.0 | — | $1,800 | — | 143d | 1 | 0.21mi |
| 9 West Ave Buffalo, NY | 2.0 | 1.0 | — | $1,750 | — | 133d | 1 | 0.21mi |
| 64 Trinity Pl Buffalo, NY | 3.0 | 1.5 | 1672 | $1,850 | $1.11 | 138d | 1 | 0.29mi |
| 62 Trinity Pl Buffalo, NY | 3.0 | 1.0 | 1672 | $1,850 | $1.11 | 7d | 1 | 0.29mi |
| 217 W Tupper St Unit 2 Buffalo, NY | 3.0 | 1.0 | 1150 | $1,350 | $1.17 | 184d | 1 | 0.30mi |
| 80 10th St Unit Lower Buffalo, NY | 2.0 | 1.0 | 800 | $1,150 | $1.44 | 144d | 1 | 0.31mi |
| 85 West Ave Buffalo, NY | 2.0 | 1.0 | — | $1,250 | — | 46d | 1 | 0.34mi |
| 190 Whitney Pl Buffalo, NY | 3.0 | 1.0 | 1180 | $1,300 | $1.10 | 50d | 1 | 0.36mi |
| 370 Virginia St Unit 3 Buffalo, NY | 2.0 | 1.0 | 1050 | $1,300 | $1.24 | 184d | 1 | 0.40mi |
| 370 Virginia St Unit 3 Buffalo, NY | 2.0 | 1.0 | 1100 | $1,450 | $1.32 | 10d | 1 | 0.40mi |
| 510 Washington St Buffalo, NY | 2.0 | 2.0 | — | $2,300 | — | 37d | 1 | 0.42mi |
| 510 Washington St Buffalo, NY | 2.0 | 2.0 | — | $2,300 | — | 1d | 1 | 0.42mi |
| 300 Maryland St Buffalo, NY | 2.0 | 1.0 | — | $1,450 | — | 9d | 1 | 0.45mi |
| 21 College St Buffalo, NY | 3.0 | 1.0 | 1104 | $1,850 | $1.68 | 164d | 1 | 0.46mi |
| 359 Lakefront Blvd Buffalo, NY | 2.0 | 2.5 | 1632 | $3,200 | $1.96 | 41d | 1 | 0.47mi |
| 430 Virginia St Buffalo, NY | 1.0–2.0 | 1.5–2.5 | 1676 | $3,000 | $1.79 | 7d | 1 | 0.47mi |
| 340 Lakefront Blvd Buffalo, NY | 2.0 | 2.5 | 1532 | $4,000 | $2.61 | 55d | 1 | 0.49mi |
| 118 Cottage St Unit 8 Buffalo, NY | 2.0 | 1.0 | — | $1,295 | — | 184d | 1 | 0.49mi |
| 118 Cottage St Unit 9 Buffalo, NY | 2.0 | 1.0 | — | $1,245 | — | 21d | 1 | 0.49mi |
| 473 Virginia St Unit 3 Buffalo, NY | 2.0 | 1.5 | 1800 | $1,825 | $1.01 | 119d | 1 | 0.49mi |
| 126 Cottage St Unit 4 Buffalo, NY | 2.0 | 2.5 | 1500 | $2,000 | $1.33 | 155d | 1 | 0.51mi |
| 489 Ellicott St Unit 36 Buffalo, NY | 2.0 | 2.0 | 1000 | $1,550 | $1.55 | 143d | 1 | 0.52mi |
| 144 Cottage St Unit Rear Buffalo, NY | 2.0 | 1.0 | — | $1,250 | — | 55d | 1 | 0.53mi |
| 60 Mariner St Buffalo, NY | 2.0 | 1.0 | 928 | $1,275 | $1.37 | 127d | 1 | 0.53mi |
| 775 Main St Buffalo, NY | 1.0–2.0 | 1.0–2.5 | 1050 | $2,000 | $1.90 | 10d | 3 | 0.54mi |
| 240 Lakefront Blvd Buffalo, NY | 3.0 | 3.5 | 2678 | $8,000 | $2.99 | 52d | 1 | 0.54mi |
| 493 Delaware Ave Unit 3 Buffalo, NY | 2.0 | 1.0 | 7125 | $1,400 | $0.20 | 10d | 1 | 0.55mi |
| 264 Lakefront Blvd Buffalo, NY | 3.0 | 2.5 | 2679 | $8,000 | $2.99 | 10d | 1 | 0.55mi |
| 519 Virginia St Buffalo, NY | 2.0 | 2.0 | 700 | $1,600 | $2.29 | 10d | 1 | 0.55mi |
| 73 College St Unit 1 Buffalo, NY | 3.0 | 1.0 | — | $1,495 | — | 164d | 1 | 0.55mi |
| 385 Seventh St Unit Lower Buffalo, NY | 2.0 | 1.0 | 2136 | $1,250 | $0.59 | 184d | 1 | 0.55mi |
| 337 Prospect Ave Apt 1 Buffalo, NY | 3.0 | 1.0 | — | $1,395 | — | 10d | 1 | 0.56mi |
Property features AI
Finance
- Other
- Property contains 3 total unitsSeparate meters: 2 gas meters, 4 electric meters
- Financial info
- Owner pays trash collection and waterOperating expenses include trash and water (multi-unit)
- HOA & community
- No HOA information provided
Exterior
- Parking
- No driveway
- Security
- No specific security features listed
- Utilities
- Electricity connected (circuit breakers)Public water connectedSewer connected
- Home design
- 2 storiesResale property
- Construction
- Brick constructionAsphalt roofStone foundationExisting (previously built)
- Exterior features
- Partial fencingNear public transitRectangular residential lotCity street frontage
Interior
- Kitchen
- Gas water heater (appliance listed)
- Bedrooms
- Information about bedrooms not provided
- Flooring
- CarpetHardwoodLaminateTile
- Bathrooms
- Four full bathroomsOne half bathroom
- Heating & cooling
- Gas heatingHot water heating
- Interior features
- Ceiling fansVaried interior finishes
- Laundry & utility
- Washer hookup
Listing history 50 events
-
2026-11-08days on market $469,900 Active 138 DOM
-
2026-11-07days on market $469,900 Active 137 DOM
-
2026-11-06days on market $469,900 Active 136 DOM
-
2026-11-05days on market $469,900 Active 135 DOM
-
2026-11-04days on market $469,900 Active 134 DOM
-
2026-11-02days on market $469,900 Active 132 DOM
-
2026-11-01days on market $469,900 Active 131 DOM
-
2026-10-31days on market $469,900 Active 130 DOM
-
2026-10-30days on market $469,900 Active 129 DOM
-
2026-10-29days on market $469,900 Active 128 DOM
-
2026-10-28days on market $469,900 Active 127 DOM
-
2026-10-27days on market $469,900 Active 126 DOM
-
2026-10-26days on market $469,900 Active 125 DOM
-
2026-10-26days on market $469,900 Active 124 DOM
-
2026-10-24days on market $469,900 Active 123 DOM
-
2026-10-23days on market $469,900 Active 122 DOM
-
2026-10-22days on market $469,900 Active 121 DOM
-
2026-10-21days on market $469,900 Active 120 DOM
-
2026-10-20days on market $469,900 Active 119 DOM
-
2026-10-19days on market $469,900 Active 118 DOM
-
2026-10-18days on market $469,900 Active 117 DOM
-
2026-10-17days on market $469,900 Active 116 DOM
-
2026-10-16days on market $469,900 Active 115 DOM
-
2026-10-15days on market $469,900 Active 114 DOM
-
2026-10-14days on market $469,900 Active 113 DOM
-
2026-10-13days on market $469,900 Active 112 DOM
-
2026-10-12days on market $469,900 Active 111 DOM
-
2026-10-11days on market $469,900 Active 110 DOM
-
2026-10-10days on market $469,900 Active 109 DOM
-
2026-10-09days on market $469,900 Active 108 DOM
-
2026-10-08days on market $469,900 Active 107 DOM
-
2026-10-07days on market $469,900 Active 106 DOM
-
2026-10-06days on market $469,900 Active 105 DOM
-
2026-10-05days on market $469,900 Active 104 DOM
-
2026-10-04days on market $469,900 Active 103 DOM
-
2026-10-03days on market $469,900 Active 102 DOM
-
2026-10-02days on market $469,900 Active 101 DOM
-
2026-10-01days on market $469,900 Active 100 DOM
-
2026-09-30days on market $469,900 Active 99 DOM
-
2026-09-29days on market $469,900 Active 98 DOM
-
2026-09-28days on market $469,900 Active 97 DOM
-
2026-09-27days on market $469,900 Active 96 DOM
-
2026-09-25days on market $469,900 Active 94 DOM
-
2026-09-24days on market $469,900 Active 93 DOM
-
2026-09-23days on market $469,900 Active 92 DOM
-
2026-09-22days on market $469,900 Active 91 DOM
-
2026-09-21days on market $469,900 Active 90 DOM
-
2026-09-20days on market $469,900 Active 89 DOM
-
2026-09-19days on market $469,900 Active 88 DOM
-
2026-09-18days on market $469,900 Active 87 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
- $1,645 · $137/mo
- Projected year-2 tax
- $4,793 · $399/mo
- Expected delta
- +$3,148/yr (+$262/mo · 191.4%)
ⓘ 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
- $61,296
- − Mortgage interest
- −$26,322
- − Property taxes
- −$1,645
- − Insurance
- −$2,350
- − Repairs & maintenance
- −$4,904
- − Management
- −$4,904
- − Depreciation
- −$13,670
- Taxable income
- $7,503
- Est. tax owed @ 24.0%
- −$1,801
- After-tax cash flow
- $13,059/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 fully remodeled 3-unit Victorian property offers modern comfort with turn-of-the-century character. The exterior and interior are in good condition, with minor maintenance needed to keep it looking its best.
Deferred maintenance Est. $50,000–$150,000 screening
- Major Roof (roof) — The roof appears to be in poor condition with visible damage and missing shingles.
- Major Windows (windows) — The windows appear to be old and possibly in need of replacement.
- Major Electrical (electrical) — The electrical panel may need to be updated or replaced due to its age.
- Major Plumbing (plumbing) — The plumbing system may be outdated and in need of repair or replacement.
- Major Exterior (exterior) — The exterior of the house shows significant wear and tear, indicating a need for extensive repairs.
Value-add opportunities
- Both Landscaping — Enhances curb appeal and property value ↑
- Both Paint exterior — Improves curb appeal and property value ↑
ⓘ Rehab cost is a screening estimate — Cosmetic 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)
- 12,369
- Household income
- $40,512
- Rent vs Own
- Severe rent burden
- 8% 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
- Diverse neighborhood (Simpson 0.66)
- Race & ethnicity
- White 42% Hispanic / Latino 36% Black 16% Two or more races 12% Asian 2% Native American 1%
- Hispanic origin (detail)
- Mexican 4% Puerto Rican 30% Dominican 1%
- Languages at home
- 69% English-only · Spanish 24% Arabic 2% Other Indo-European 1%
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
- ▼ -68.73%
- Current HPI
- 290.2643
- Rent YoY
- ▲ 4.28%
- Metro
- Buffalo-Cheektowaga, NY
- 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
+1233.1% since first listed26 events — show timeline
- 2026-06-23 Listed $599,900 WNYREIS
- 2026-06-04 Listing Removed — WNYREIS
- 2026-05-06 Price Changed $499,900 WNYREIS
- 2026-02-23 Price Changed $535,900 WNYREIS
- 2025-12-04 Listed $569,900 WNYREIS
- 2024-10-02 Listing Removed — WNYREIS
- 2024-09-12 Price Changed $500,000 WNYREIS
- 2024-07-26 Price Changed $534,900 WNYREIS
- 2024-07-03 Relisted — WNYREIS
- 2024-04-24 Pending — WNYREIS
- 2024-04-10 Price Changed $539,900 WNYREIS
- 2024-01-30 Listed $549,900 WNYREIS
- 2022-11-09 Sold (Public Records) $500,000 Public Records
- 2022-11-01 Sold (MLS) $500,000 WNYREIS
- 2022-08-02 Pending — WNYREIS
- 2022-07-25 Pending — WNYREIS
- 2022-07-01 Listed $499,900 WNYREIS
- 2017-10-04 Sold (Public Records) $300,000 Public Records
- 2014-02-24 Sold (Public Records) $312,000 Public Records
- 2014-02-24 Sold (Public Records) $312,000 Public Records
- 2014-02-21 Sold (MLS) $312,000 WNYREIS
- 2013-08-28 Listed $317,000 WNYREIS
- 2013-04-04 Listed $337,900 WNYREIS
- 2013-02-13 Listed $337,900 WNYREIS
- 2010-03-29 Sold (Public Records) $62,000 Public Records
- 2005-07-25 Sold (Public Records) $45,000 Public Records
Property tax history
-14.9%/yrLatest (2025): $1,645 · -6.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…