Duplex
112 Herkimer St · Buffalo, NY
Flood risk 3/10 · Minor
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.12%
- 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 92°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 +30.0/30.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Appreciation +8.8/10.0
- ARV discount +7.5/15.0
- Livability +3.9/5.0
- Schools +3.8/10.0
- Rent growth +2.4/5.0
- Condition / age +2.2/5.0
$179,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Multi-family units
County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed
Listing remarks
Welcome to 112 Herkimer Street, a spacious and historic multi-family property located in the heart of Buffalo’s vibrant West Side. Built in 1880, this \ duplex offers 2,525 square feet of living space across two stories, featuring 7 bedrooms and 2 full bathrooms—perfect for owner-occupants, investors, or multi generational living. Both units feature bonus rooms that are suitable for sleeping. Situated on a 4,500 sq ft lot, the home boasts vinyl siding exterior a large backyard and parking area. Key Features: 7 Bedrooms, 2 Full The upper unit is a vacant 5 bedroom apartment.
Key facts
- Large backyard
- Near local shops
- Off-street parking
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1×4bd/1.0ba + 1×3bd/1.0ba units multifamily listed at $179k. Condition is rated fair.
- This rent per unit runs 34% 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 $1k ($17k/yr) — positive. Per door: $688/mo.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($3k rent vs $179k).
- Recommended offer: $158k (12.0% below list) — sets the bar for market timing.
- Cap rate 15.5% 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 soft (-0.5%/yr); 278 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals leasing fast (median 11d on market — plan ~1-2 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,244 units permitted in Erie County in 2024 (563 in 5+ unit buildings).
Forward outlook
- In year one you build about $15k of equity ($1k loan paydown + $13k appreciation (7.5% local appreciation)).
- At projected returns (7.5% appreciation + 0.0% rent growth), your $50k cash investment doubles in ~2 years — after that, you're playing with house money.
- By year 3, paydown + projected appreciation supports a ~$37k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 160 days — a 12% lower offer ($158k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts; this cycle's ask has dropped $20k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $58k; list at $179k implies a 209% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1880 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 160 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 1880 — 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
- 1.72% ✓
- Cap rate
- 15.52%
- Cash-on-cash
- 32.95%
- DSCR
- 2.47
- GRM
- 4.9
CMA / ARV
- ARV (median comp)
- $380,426
- List price
- $179,000
- Delta
- -52.95%
- 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 |
|---|---|---|---|---|---|---|---|
| 166 Herkimer St | 0.09mi | 5/2.0 | 2,376 (-6%) | 4mo | $195,000 | $82 | 82 |
| 67 Barton St | 0.09mi | 6/2.0 (+1) | 2,420 (-4%) | 5mo | $170,000 | $70 | 80 |
| 207 Rhode Island St | 0.55mi | 5/2.0 | 2,436 (-4%) | 7mo | $295,500 | $121 | 63 |
| 298 Massachusetts Ave | 0.33mi | 5/2.0 | 2,221 (-12%) | 5mo | $220,000 | $99 | 60 |
| 238 Barton St | 0.24mi | 6/2.0 (+1) | 2,246 (-11%) | 6mo | $195,000 | $87 | 60 |
| 894 Prospect Ave | 0.50mi | 6/3.0 (+1) | 2,600 (+3%) | 4mo | $150,000 | $58 | 60 |
| 315 Herkimer St | 0.39mi | 6/2.0 (+1) | 2,303 (-9%) | 6mo | $148,000 | $64 | 57 |
| 457 Vermont St | 0.65mi | 4/2.0 (-1) | 2,288 (-9%) | 1mo | $223,300 | $98 | 48 |
| 440 W Utica St Unit S | 0.64mi | 4/3.0 (-1) | 2,371 (-6%) | 5mo | $380,000 | $160 | 47 |
| 371 Potomac Ave | 0.69mi | 4/2.0 (-1) | 2,266 (-10%) | 2mo | $262,500 | $116 | 44 |
| 193 Vermont St | 0.67mi | 5/3.0 | 2,146 (-15%) | 4mo | $305,000 | $142 | 36 |
| 412 Ashland Ave | 0.74mi | 6/3.0 (+1) | 2,838 (+12%) | 2mo | $465,000 | $164 | 35 |
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 · 0.0% rent growth · sell at horizon
- IRR
- 43.8%
- Equity multiple
- 3.93×
- Total profit
- $146,784
- Equity at exit
- $130,092
- IRR
- 38.4%
- Equity multiple
- 7.86×
- Total profit
- $344,066
- Equity at exit
- $252,801
Cash invested: $50,120 (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
- 39 active · 33 under contract
- Months of supply
- 13.0 mo (8%/mo absorbed)
- Median asking
- $219,900 ($91/sqft)
- Median days on market
- 71 d
- This list price
- 31% of active listings are priced below it
- ARV vs active asking
- +65.0% 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%
- Rents YoY
- -0.5%
- Active inventory
- 278
- Price-to-rent
- 9.2×
Monthly cashflow live
- Estimated rent
- $3,073 high interval (Pro) →
- Mortgage (P&I)
- −$939
- Tax from tax record
- −$38 /mo · $456/yr
- Insurance
- −$75
- HOA
- −$0
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$645
- Net cashflow
- $1,376
2-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 1× unit | 4 | 1 | $1,625 |
| 1× unit | 3 | 1 | $1,449 |
| Total (2 units) | $3,073 | ||
Break-even live
Sensitivity live
| Price | -10% $1,478 | -5% $1,427 | +0% $1,376 | +5% $1,326 | +10% $1,275 |
|---|---|---|---|---|---|
| Rent | -10% $1,134 | -5% $1,255 | +0% $1,376 | +5% $1,498 | +10% $1,619 |
| Rate | -1.0pp $1,467 | -0.5pp $1,422 | base $1,376 | +0.5pp $1,330 | +1.0pp $1,283 |
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
- $44,750
- Closing costs
- $5,370
- 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 |
|---|---|---|---|---|---|---|---|---|
| 222 W Ferry St Buffalo, NY | 4.0 | 1.0 | 3484 | $1,395 | $0.40 | 0d | 1 | 0.05mi |
| 222 W Ferry St Buffalo, NY | 4.0 | 1.0 | — | $1,550 | — | 138d | 1 | 0.05mi |
| 267 Breckenridge St Buffalo, NY | 2.0 | 1.0 | — | $1,695 | — | 164d | 1 | 0.08mi |
| 166 Herkimer St Buffalo, NY | 3.0 | 1.0 | 2376 | $1,700 | $0.72 | 6d | 1 | 0.08mi |
| 262 Breckenridge St Buffalo, NY | 3.0 | 1.0 | 1200 | $1,450 | $1.21 | 10d | 1 | 0.09mi |
| 262 Breckenridge St Buffalo, NY | 3.0 | 1.0 | 2112 | $1,450 | $0.69 | 55d | 1 | 0.09mi |
| 262 Breckenridge St Buffalo, NY | 3.0 | 1.0 | 1200 | $1,450 | $1.21 | 29d | 1 | 0.09mi |
| 67 Herkimer St Buffalo, NY | 3.0 | 1.0 | 1000 | $1,200 | $1.20 | 10d | 1 | 0.10mi |
| 15 Auchinvole Ave Unit upper Buffalo, NY | 2.0 | 1.0 | — | $1,450 | — | 184d | 1 | 0.11mi |
| 160 W Ferry St Buffalo, NY | 2.0 | 1.0 | 8192 | $1,100 | $0.13 | 155d | 1 | 0.15mi |
| 308 Breckenridge St Buffalo, NY | 3.0 | 1.0 | — | $1,095 | — | 143d | 1 | 0.16mi |
| 67 Arkansas St Buffalo, NY | 3.0 | 1.0 | 2148 | $1,300 | $0.61 | 103d | 1 | 0.16mi |
| 26 Sherwood St Buffalo, NY | 3.0 | 1.0 | 1250 | $1,200 | $0.96 | 25d | 1 | 0.17mi |
| 26 Sherwood St Buffalo, NY | 3.0 | 1.0 | 1250 | $1,200 | $0.96 | 2d | 1 | 0.17mi |
| 325 Breckenridge St Buffalo, NY | 2.0 | 1.0 | 1000 | $1,200 | $1.20 | 55d | 1 | 0.18mi |
| 66 California St Buffalo, NY | 2.0 | 1.0 | 1600 | $1,150 | $0.72 | 6d | 1 | 0.18mi |
| 196 Auburn Ave Buffalo, NY | 3.0 | 1.0 | 1000 | $1,300 | $1.30 | 184d | 1 | 0.19mi |
| 310 Hampshire St Apt 3 Buffalo, NY | 3.0 | 1.0 | 1200 | $1,500 | $1.25 | 184d | 1 | 0.19mi |
| 77 California St Unit 1 Buffalo, NY | 2.0 | 1.0 | 800 | $1,100 | $1.38 | 184d | 1 | 0.20mi |
| 228 Herkimer St Buffalo, NY | 3.0 | 1.0 | — | $1,425 | — | 1d | 1 | 0.21mi |
| 46 Congress St #1 Buffalo, NY | 2.0 | 1.0 | — | $949 | — | 23d | 1 | 0.21mi |
| 46 Congress St #1 Buffalo, NY | 2.0 | 1.0 | — | $949 | — | 0d | 1 | 0.21mi |
| 339 Hampshire St Unit 1 Buffalo, NY | 3.0 | 1.0 | — | $1,250 | — | 55d | 1 | 0.22mi |
| 339 Hampshire St Unit 2 Buffalo, NY | 3.0 | 1.0 | — | $1,300 | — | 55d | 1 | 0.22mi |
| 339 Hampshire St Unit 1 Buffalo, NY | 3.0 | 1.0 | — | $1,250 | — | 10d | 1 | 0.22mi |
| 1000 West Ave Buffalo, NY | 3.0 | 1.0 | 2160 | $3,500 | $1.62 | 6d | 1 | 0.25mi |
| 375 Hampshire St Buffalo, NY | 3.0 | 1.0 | 1200 | $1,100 | $0.92 | 184d | 1 | 0.25mi |
| 19 California St Unit 1 Buffalo, NY | 4.0 | 1.0 | — | $1,499 | — | 10d | 1 | 0.25mi |
| 155 Lafayette Ave Buffalo, NY | 3.0 | 1.0 | 1216 | $1,650 | $1.36 | 133d | 1 | 0.27mi |
| 378 Breckenridge St Apt 1 Buffalo, NY | 2.0 | 1.0 | 1000 | $1,400 | $1.40 | 10d | 1 | 0.28mi |
| 872 West Ave Apt 3 Buffalo, NY | 2.0 | 1.0 | 1000 | $1,100 | $1.10 | 10d | 1 | 0.28mi |
| 220 Grant St Apt 6 Buffalo, NY | 2.0 | 1.0 | 1200 | $1,900 | $1.58 | 0d | 1 | 0.29mi |
| 850 West Ave Apt 4 Buffalo, NY | 2.0 | 1.0 | 900 | $950 | $1.06 | 10d | 1 | 0.31mi |
| 850 West Ave Apt 4 Buffalo, NY | 2.0 | 1.0 | 900 | $950 | $1.06 | 31d | 1 | 0.31mi |
| 13 Hoyt St Buffalo, NY | 4.0 | 1.0 | 2848 | $1,675 | $0.59 | 7d | 1 | 0.32mi |
| 11 Hoyt St Buffalo, NY | 4.0 | 1.0 | 2848 | $1,775 | $0.62 | 155d | 1 | 0.32mi |
| 136 Parkdale Ave Unit 4 Buffalo, NY | 2.0 | 1.0 | — | $950 | — | 155d | 1 | 0.32mi |
| 348 Auburn Ave Buffalo, NY | 3.0 | 1.0 | 1200 | $1,300 | $1.08 | 52d | 1 | 0.32mi |
| 352 Auburn Ave Unit 1 Buffalo, NY | 3.0 | 1.0 | 1000 | $1,375 | $1.38 | 6d | 1 | 0.33mi |
| 352 Auburn Ave Buffalo, NY | 3.0 | 1.0 | — | $1,250 | — | 122d | 1 | 0.33mi |
Property features AI
Finance
- Financial info
- Owner pays trash collection and water for unitsOperating expenses include professional management, trash, and water/sewerOne unit is marketed month-to-month with rent listed at $1,025
Exterior
- Parking
- Concrete parking area
- Utilities
- Public water connectedSewer connected
- Home design
- Two-story buildingExisting conditionVinyl siding
- Construction
- Vinyl siding construction
- Exterior features
- Rectangular residential lotNear public transitCity street frontage
Interior
- Kitchen
- No specific kitchen appliance list provided
- Bedrooms
- Two 2-bedroom units (each unit)Unit 1 includes living room and porch
- Flooring
- CarpetLaminateVinylVaries
- Bathrooms
- Each unit has one full bathroom (2 full bathrooms total)
- Heating & cooling
- Gas forced-air heating
- Interior features
- Full basementVaried flooring throughout
- Laundry & utility
- Gas water heater
Listing history 50 events
-
2026-11-08days on market $179,000 Active 160 DOM
-
2026-11-07days on market $179,000 Active 159 DOM
-
2026-11-06days on market $179,000 Active 158 DOM
-
2026-11-05days on market $179,000 Active 157 DOM
-
2026-11-04days on market $179,000 Active 156 DOM
-
2026-11-02days on market $179,000 Active 154 DOM
-
2026-11-01days on market $179,000 Active 153 DOM
-
2026-10-31days on market $179,000 Active 152 DOM
-
2026-10-30days on market $179,000 Active 151 DOM
-
2026-10-29days on market $179,000 Active 150 DOM
-
2026-10-28days on market $179,000 Active 149 DOM
-
2026-10-27days on market $179,000 Active 148 DOM
-
2026-10-26days on market $179,000 Active 147 DOM
-
2026-10-26days on market $179,000 Active 146 DOM
-
2026-10-24days on market $179,000 Active 145 DOM
-
2026-10-23days on market $179,000 Active 144 DOM
-
2026-10-22days on market $179,000 Active 143 DOM
-
2026-10-21days on market $179,000 Active 142 DOM
-
2026-10-20days on market $179,000 Active 141 DOM
-
2026-10-19days on market $179,000 Active 140 DOM
-
2026-10-18days on market $179,000 Active 139 DOM
-
2026-10-17days on market $179,000 Active 138 DOM
-
2026-10-16days on market $179,000 Active 137 DOM
-
2026-10-15pricedays on market $179,000 Active 136 DOM
-
2026-10-14days on market $189,000 Active 135 DOM
-
2026-10-13days on market $189,000 Active 134 DOM
-
2026-10-12days on market $189,000 Active 133 DOM
-
2026-10-11days on market $189,000 Active 132 DOM
-
2026-10-10days on market $189,000 Active 131 DOM
-
2026-10-09days on market $189,000 Active 130 DOM
-
2026-10-08days on market $189,000 Active 129 DOM
-
2026-10-07days on market $189,000 Active 128 DOM
-
2026-10-06days on market $189,000 Active 127 DOM
-
2026-10-05days on market $189,000 Active 126 DOM
-
2026-10-04days on market $189,000 Active 125 DOM
-
2026-10-03days on market $189,000 Active 124 DOM
-
2026-10-02days on market $189,000 Active 123 DOM
-
2026-10-01days on market $189,000 Active 122 DOM
-
2026-09-30days on market $189,000 Active 121 DOM
-
2026-09-29days on market $189,000 Active 120 DOM
-
2026-09-28days on market $189,000 Active 119 DOM
-
2026-09-27days on market $189,000 Active 118 DOM
-
2026-09-25days on market $189,000 Active 116 DOM
-
2026-09-24days on market $189,000 Active 115 DOM
-
2026-09-23days on market $189,000 Active 114 DOM
-
2026-09-22days on market $189,000 Active 113 DOM
-
2026-09-21days on market $189,000 Active 112 DOM
-
2026-09-20days on market $189,000 Active 111 DOM
-
2026-09-19days on market $189,000 Active 110 DOM
-
2026-09-18days on market $189,000 Active 109 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
- $456 · $38/mo
- Projected year-2 tax
- $1,740 · $145/mo
- Expected delta
- +$1,285/yr (+$107/mo · 281.9%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 3/10 Moderate FEMA zone X (unshaded) · 12% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 3/10 Moderate 7 d/yr ≥92°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
- $36,876
- − Mortgage interest
- −$10,027
- − Property taxes
- −$456
- − Insurance
- −$895
- − Repairs & maintenance
- −$2,950
- − Management
- −$2,950
- − Depreciation
- −$5,207
- Taxable income
- $14,391
- Est. tax owed @ 24.0%
- −$3,454
- After-tax cash flow
- $13,063/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 · 2 photos
This multi-family property requires extensive repairs and maintenance, including roof replacement, exterior siding repair, HVAC system replacement, and interior updates. Improvements would significantly increase its resale and rental value.
Components & finishes AI
Deferred maintenance Est. $30,500–$92,000 screening
- Minor Roof (roof) — No visible signs of damage or wear on the roof.
- Major Windows (windows) — Windows appear old and may need replacement.
- Major Electrical (electrical) — Electrical panel may be outdated and require upgrade.
- Major Plumbing (plumbing) — Plumbing may need inspection and possible repairs.
Repairs flagged
- Major roof — The roof appears to be old and possibly leaking.
- Major exterior siding — The exterior siding shows signs of wear and tear, with visible discoloration and possible damage.
- Major flooring — The interior flooring appears to be old and worn, with visible signs of wear and tear.
- Major interior walls/paint — The interior walls and paint show signs of wear and tear, with possible peeling and discoloration.
- Major HVAC system — The HVAC system appears to be old and may need replacement or repair.
- Major landscaping — The landscaping is basic and could be improved to enhance curb appeal, but the overall condition is fair.
Value-add opportunities
- Both roof replacement — Re-roofing would significantly improve the home's appearance and increase its value. ↑
- Both exterior siding repair — Repairing the exterior siding would improve the home's curb appeal and increase its value. ↑
- Both HVAC system replacement — Replacing the HVAC system would improve comfort and energy efficiency, increasing both resale and rental value. ↑
- Both landscaping upgrade — Upgrading the landscaping would enhance curb appeal and increase the home's value. ↑
- Both interior paint and flooring replacement — Replacing the interior paint and flooring would improve the home's appearance and increase its value for both resale and rental purposes. ↑
ⓘ 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%
- 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
- ▼ -0.49%
- 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
+243.6% since first listed8 events — show timeline
- 2026-06-15 Price Changed $189,000 WNYREIS
- 2026-06-01 Listed $199,000 WNYREIS
- 2025-12-11 Listing Removed — WNYREIS
- 2025-09-08 Price Changed $214,900 WNYREIS
- 2025-08-12 Listed $241,900 WNYREIS
- 2014-02-26 Sold (Public Records) $58,000 Public Records
- 2010-07-26 Sold (Public Records) $40,000 Public Records
- 1995-12-29 Sold (Public Records) $55,000 Public Records
Property tax history
+7.7%/yrLatest (2025): $456 · -22.6% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…