Multi-family
290 Massachusetts Ave · 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 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
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Appreciation +8.8/10.0
- Condition / age +4.0/5.0
- Livability +3.9/5.0
- Schools +3.7/10.0
- Rent growth +2.4/5.0
$219,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Multi-family units
County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 1 unit. estimate disagrees with records
Listing remarks
* * * Turn Key investement oportunity. * * * * This fully rented with quality tenants building was fully renovated 4 years ago. New roof, new windows, new siding, new front porch, new hot water tanks, new space heaters in upper units, new hot water baseboard heat lower units, new bathrooms, new kitchens new flooring, updated elctrical, and much more. Don't miss out on this money maker opportunity or live in one unit and have the others pay your mortgage.
Key facts
- Fully renovated
- New siding
- New front porch
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 5-bed/3.0-bath multifamily listed at $220k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $2k ($20k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($4k rent vs $220k).
- Recommended offer: $200k (9.0% below list) — sets the bar for market timing.
- Cap rate 15.6% 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: Rents soft (-0.5%/yr); 247 active listings in the ZIP; 1,244 units permitted in Erie County in 2024 (563 in 5+ unit buildings).
- At $3,814/mo this rent would consume 85% of the median local household income ($54k/yr) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- In year one you build about $18k of equity ($2k loan paydown + $17k appreciation (7.5% local appreciation)).
- At projected returns (7.5% appreciation + 0.0% rent growth), your $62k cash investment doubles in ~2 years — after that, you're playing with house money.
- By year 3, paydown + projected appreciation supports a ~$45k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 112 days — a 9% lower offer ($200k) is reasonable based on typical stale-listing flexibility.
- 5 sale attempts since 11y ago; this cycle's ask has dropped $20k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $35k; list at $220k implies a 528% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1875 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 112 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
- Built in 1875 — 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
- 1.73% ✓
- Cap rate
- 15.58%
- Cash-on-cash
- 33.16%
- DSCR
- 2.48
- GRM
- 4.8
CMA / ARV
- ARV (median comp)
- $386,038
- List price
- $219,900
- Delta
- -43.04%
- 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 |
|---|---|---|---|---|---|---|---|
| 288 14th St | 0.25mi | 5/2.0 | 2,616 (-8%) | 9mo | $260,000 | $99 | 63 |
| 715 Prospect Ave | 0.42mi | 6/2.0 (+1) | 2,867 (+0%) | 10mo | $232,500 | $81 | 63 |
| 894 Prospect Ave | 0.42mi | 6/3.0 (+1) | 2,600 (-9%) | 2mo | $150,000 | $58 | 59 |
| 215 Normal Ave | 0.39mi | 5/2.0 | 2,626 (-8%) | 10mo | $294,000 | $112 | 56 |
| 207 Rhode Island St | 0.26mi | 5/2.0 | 2,436 (-15%) | 5mo | $295,500 | $121 | 55 |
| 395 Hampshire St | 0.29mi | 5/2.0 | 2,438 (-14%) | 6mo | $165,500 | $68 | 54 |
| 187 Auburn Ave | 0.49mi | 5/2.0 | 2,588 (-9%) | 10mo | $289,000 | $112 | 50 |
| 319 W Utica St Unit N | 0.64mi | 5/3.0 | 2,454 (-14%) | 2mo | $369,000 | $150 | 45 |
| 404 Jersey St | 0.66mi | 4/2.5 (-1) | 2,640 (-7%) | 9mo | $392,500 | $149 | 42 |
| 26 York St | 0.56mi | 6/2.0 (+1) | 2,519 (-12%) | 4mo | $199,900 | $79 | 42 |
| 324 West Ave | 0.74mi | 6/2.0 (+1) | 2,652 (-7%) | 8mo | $312,500 | $118 | 38 |
| 383 Summer St | 0.61mi | 5/2.0 | 2,468 (-14%) | 9mo | $492,000 | $199 | 37 |
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
- 44.0%
- Equity multiple
- 3.94×
- Total profit
- $180,889
- Equity at exit
- $159,817
- IRR
- 38.5%
- Equity multiple
- 7.88×
- Total profit
- $423,646
- Equity at exit
- $310,564
Cash invested: $61,572 (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
- 27 active · 25 under contract
- Months of supply
- 8.5 mo (12%/mo absorbed)
- Median asking
- $244,000 ($103/sqft)
- Median days on market
- 41 d
- This list price
- 33% of active listings are priced below it
- ARV vs active asking
- +31.1% 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
- 247
- Price-to-rent
- 14.4×
Monthly cashflow live
- Estimated rent
- $3,814 high interval (Pro) →
- Mortgage (P&I)
- −$1,153
- Tax from tax record
- −$67 /mo · $802/yr
- Insurance
- −$92
- HOA
- −$0
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$801
- Net cashflow
- $1,701
3-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 3× units | 2 | 1 | $3,813 |
| #1 | 2 | 1 | $1,271 |
| #2 | 2 | 1 | $1,271 |
| #3 | 2 | 1 | $1,271 |
| Total (3 units) | $3,814 | ||
Break-even live
Sensitivity live
| Price | -10% $1,826 | -5% $1,764 | +0% $1,701 | +5% $1,639 | +10% $1,577 |
|---|---|---|---|---|---|
| Rent | -10% $1,400 | -5% $1,551 | +0% $1,701 | +5% $1,852 | +10% $2,003 |
| Rate | -1.0pp $1,812 | -0.5pp $1,757 | base $1,701 | +0.5pp $1,644 | +1.0pp $1,586 |
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
- $54,975
- Closing costs
- $6,597
- 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 |
|---|---|---|---|---|---|---|---|---|
| 236 Massachusetts Ave Unit 5 Buffalo, NY | 1.0 | 1.0 | 1000 | $1,100 | $1.10 | 139d | 1 | 0.09mi |
| 236 Massachusetts Ave Unit 5 Buffalo, NY | 1.0 | 1.0 | 1000 | $1,050 | $1.05 | 110d | 1 | 0.09mi |
| 501 Plymouth Ave Unit 2- 2nd Floor Buffalo, NY | 3.0 | 1.0 | 1100 | $1,350 | $1.23 | 10d | 1 | 0.14mi |
| 318 14th St Buffalo, NY | 2.0 | 1.0 | 1619 | $1,300 | $0.80 | 107d | 1 | 0.17mi |
| 193 Massachusetts Ave Buffalo, NY | 1.0 | 1.0 | 700 | $925 | $1.32 | 139d | 1 | 0.17mi |
| 44 Lowell Pl Buffalo, NY | 1.0 | 1.0 | 850 | $1,200 | $1.41 | 107d | 1 | 0.19mi |
| 310 Hampshire St Apt 3 Buffalo, NY | 3.0 | 1.0 | 1200 | $1,500 | $1.25 | 139d | 1 | 0.20mi |
| 339 Hampshire St Unit 1 Buffalo, NY | 3.0 | 1.0 | — | $1,250 | — | 10d | 1 | 0.22mi |
| 339 Hampshire St Unit 2 Buffalo, NY | 3.0 | 1.0 | — | $1,300 | — | 10d | 1 | 0.22mi |
| 286 Normal Ave Unit Upper Buffalo, NY | 2.0 | 1.0 | 1084 | $1,250 | $1.15 | 10d | 1 | 0.24mi |
| 77 California St Unit 1 Buffalo, NY | 2.0 | 1.0 | 800 | $1,100 | $1.38 | 139d | 1 | 0.24mi |
| 716 West Ave Buffalo, NY | 3.0 | 1.0 | 4796 | $1,500 | $0.31 | 82d | 1 | 0.25mi |
| 67 Herkimer St Buffalo, NY | 3.0 | 1.0 | 1000 | $1,200 | $1.20 | 7d | 1 | 0.27mi |
| 467 Fargo Ave Buffalo, NY | 1.0 | 1.0 | — | $900 | — | 119d | 1 | 0.27mi |
| 441 Fargo Ave Unit 1 Lower Buffalo, NY | 1.0 | 1.0 | 1100 | $1,350 | $1.23 | 10d | 1 | 0.27mi |
| 375 Hampshire St Buffalo, NY | 3.0 | 1.0 | 1200 | $1,100 | $0.92 | 139d | 1 | 0.28mi |
| 256 14th St Unit 1 Buffalo, NY | 2.0 | 1.0 | 800 | $1,100 | $1.38 | 110d | 1 | 0.28mi |
| 67 Arkansas St Buffalo, NY | 3.0 | 1.0 | 2148 | $1,300 | $0.61 | 58d | 1 | 0.30mi |
| 395 Fargo Ave Unit 2 Buffalo, NY | 2.0 | 1.0 | 1200 | $1,300 | $1.08 | 82d | 1 | 0.30mi |
| 460 Rhode Island St Buffalo, NY | 2.0 | 1.0 | 1089 | $1,500 | $1.38 | 110d | 1 | 0.32mi |
| 161 16th St Buffalo, NY | 3.0 | 1.5 | 1500 | $2,000 | $1.33 | 7d | 1 | 0.34mi |
| 109 19th St Buffalo, NY | 2.0 | 1.0 | — | $950 | — | 74d | 1 | 0.35mi |
| 513 West Ave Buffalo, NY | 3.0 | 1.0 | — | $1,350 | — | 0d | 1 | 0.36mi |
| 405 W Ferry St Unit Lower Buffalo, NY | 3.0 | 1.0 | 2480 | $1,500 | $0.60 | 139d | 1 | 0.37mi |
| 102 17th St Buffalo, NY | 2.0 | 1.0 | 1086 | $1,290 | $1.19 | 119d | 1 | 0.37mi |
| 102 17th St Buffalo, NY | 2.0 | 1.0 | 1086 | $1,250 | $1.15 | 74d | 1 | 0.37mi |
| 877 Prospect Ave Buffalo, NY | 2.0 | 1.0 | 5136 | $1,200 | $0.23 | 107d | 1 | 0.37mi |
| 877 Prospect Ave Unit 65 Buffalo, NY | 2.0 | 1.0 | 690 | $1,300 | $1.88 | 10d | 1 | 0.37mi |
| 411 W Ferry St Buffalo, NY | 2.0 | 1.0 | 900 | $1,100 | $1.22 | 110d | 1 | 0.37mi |
| 109 17th St Buffalo, NY | 1.0 | 1.0 | — | $950 | — | 10d | 1 | 0.37mi |
| 501 West Ave Buffalo, NY | 3.0 | 1.0 | 1276 | $1,550 | $1.21 | 7d | 1 | 0.38mi |
| 501 West Ave Buffalo, NY | 3.0 | 1.0 | 1276 | $1,575 | $1.23 | 10d | 1 | 0.38mi |
| 501 West Ave Buffalo, NY | 3.0 | 1.0 | 2552 | $1,700 | $0.67 | 63d | 1 | 0.38mi |
| 346 Connecticut St Unit 203 Buffalo, NY | 1.0 | 1.0 | — | $1,100 | — | 99d | 1 | 0.38mi |
| 346 Connecticut St Unit 402 Buffalo, NY | 2.0 | 1.0 | — | $1,575 | — | 119d | 1 | 0.38mi |
| 346 Connecticut St Unit 505 Buffalo, NY | 2.0 | 1.0 | — | $1,525 | — | 119d | 1 | 0.38mi |
| 346 Connecticut St Unit 503 Buffalo, NY | 1.0 | 1.0 | — | $1,195 | — | 119d | 1 | 0.38mi |
| 160 W Ferry St Buffalo, NY | 2.0 | 1.0 | 8192 | $1,100 | $0.13 | 110d | 1 | 0.38mi |
| 267 Breckenridge St Buffalo, NY | 2.0 | 1.0 | — | $1,695 | — | 119d | 1 | 0.39mi |
| 325 Breckenridge St Buffalo, NY | 2.0 | 1.0 | 1000 | $1,200 | $1.20 | 10d | 1 | 0.39mi |
Property features AI
Finance
- Financial info
- Owner pays grounds care, trash collection, and waterOperating expenses include maintenance, trash, and water/sewerRents: two 1-bed units at $750 each (one month-to-month, one leased through 3/31/2025), one 3-bed unit at $1,350 (leased through 12/31/2024)
Exterior
- Parking
- No driveway
- Utilities
- Public water connectedSewer connected
- Home design
- Two-story buildingResale propertyVinyl siding
- Construction
- Vinyl siding construction
- Exterior features
- Rectangular residential lotCity street frontage
Interior
- Kitchen
- Dining area with kitchen in two of the unitsKitchens included in all units
- Bedrooms
- Two 1-bedroom units; one 3-bedroom unit
- Flooring
- Luxury vinyl
- Bathrooms
- Three full bathrooms (one per unit)
- Heating & cooling
- Gas heatingBaseboard heatingRadiant heatingSpace heaters
- Interior features
- Crawl space and partial basementLuxury vinyl flooringGas water heater
- Laundry & utility
- Separate gas meters for each unitSeparate electric meters for each unit
Listing history 50 events
-
2026-09-24days on market $219,900 Active 112 DOM
-
2026-09-23days on market $219,900 Active 111 DOM
-
2026-09-22days on market $219,900 Active 110 DOM
-
2026-09-21days on market $219,900 Active 109 DOM
-
2026-09-20days on market $219,900 Active 108 DOM
-
2026-09-19days on market $219,900 Active 107 DOM
-
2026-09-18days on market $219,900 Active 106 DOM
-
2026-09-17days on market $219,900 Active 105 DOM
-
2026-09-16days on market $219,900 Active 104 DOM
-
2026-09-15days on market $219,900 Active 103 DOM
-
2026-09-14days on market $219,900 Active 102 DOM
-
2026-09-13days on market $219,900 Active 101 DOM
-
2026-09-12days on market $219,900 Active 100 DOM
-
2026-09-11days on market $219,900 Active 99 DOM
-
2026-09-05days on market $219,900 Active 93 DOM
-
2026-09-04days on market $219,900 Active 92 DOM
-
2026-09-03days on market $219,900 Active 91 DOM
-
2026-08-31days on market $219,900 Active 88 DOM
-
2026-08-29days on market $219,900 Active 86 DOM
-
2026-08-28days on market $219,900 Active 85 DOM
-
2026-08-27days on market $219,900 Active 84 DOM
-
2026-08-25days on market $219,900 Active 82 DOM
-
2026-08-24days on market $219,900 Active 81 DOM
-
2026-08-23days on market $219,900 Active 80 DOM
-
2026-08-22days on market $219,900 Active 79 DOM
-
2026-08-21days on market $219,900 Active 78 DOM
-
2026-08-20days on market $219,900 Active 77 DOM
-
2026-08-19days on market $219,900 Active 76 DOM
-
2026-08-18days on market $219,900 Active 75 DOM
-
2026-08-17days on market $219,900 Active 74 DOM
-
2026-08-16days on market $219,900 Active 73 DOM
-
2026-08-15days on market $219,900 Active 72 DOM
-
2026-08-14days on market $219,900 Active 71 DOM
-
2026-08-13days on market $219,900 Active 70 DOM
-
2026-08-12days on market $219,900 Active 69 DOM
-
2026-08-11days on market $219,900 Active 68 DOM
-
2026-08-10days on market $219,900 Active 67 DOM
-
2026-08-09days on market $219,900 Active 66 DOM
-
2026-08-08days on market $219,900 Active 65 DOM
-
2026-08-07days on market $219,900 Active 64 DOM
-
2026-08-06days on market $219,900 Active 63 DOM
-
2026-08-05days on market $219,900 Active 62 DOM
-
2026-08-04days on market $219,900 Active 61 DOM
-
2026-08-03days on market $219,900 Active 60 DOM
-
2026-07-31days on market $219,900 Active 57 DOM
-
2026-07-30days on market $219,900 Active 56 DOM
-
2026-07-30days on market $219,900 Active 55 DOM
-
2026-07-28days on market $219,900 Active 54 DOM
-
2026-07-26days on market $219,900 Active 52 DOM
-
2026-07-24days on market $219,900 Active 50 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
- $802 · $67/mo
- Projected year-2 tax
- $2,259 · $188/mo
- Expected delta
- +$1,457/yr (+$121/mo · 181.6%)
ⓘ 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 ≥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
- $45,768
- − Mortgage interest
- −$12,318
- − Property taxes
- −$802
- − Insurance
- −$1,100
- − Repairs & maintenance
- −$3,661
- − Management
- −$3,661
- − Depreciation
- −$6,397
- Taxable income
- $17,828
- Est. tax owed @ 24.0%
- −$4,279
- After-tax cash flow
- $16,138/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 rented multi-family property has been recently renovated with new kitchens, bathrooms, HVAC, and electrical systems. It is in good condition and ready for investment.
Value-add opportunities
- Both Painting the exterior — Enhances curb appeal and resale value ↑
- Both Landscaping the front yard — Improves curb appeal and rental value ↑
- Both Upgrading the front door — Enhances curb appeal and resale 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)
- 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
- ▼ -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
+389.8% since first listed11 events — show timeline
- 2026-07-01 Price Changed $219,900 WNYREIS
- 2026-06-04 Listed $239,900 WNYREIS
- 2025-11-12 Listing Removed — WNYREIS
- 2025-09-19 Listed $239,900 WNYREIS
- 2025-06-17 Listing Removed — WNYREIS
- 2025-04-03 Listed $279,900 WNYREIS
- 2024-11-21 Listing Removed — WNYREIS
- 2024-06-24 Listed $299,900 WNYREIS
- 2015-06-05 Sold (Public Records) $35,000 Public Records
- 2015-06-05 Sold (MLS) $35,000 WNYREIS
- 2015-01-22 Listed $44,900 WNYREIS
Property tax history
+12.0%/yrLatest (2025): $802 · +10.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…