Pending
Photo 1 of Sale Pending at 399 S Elmwood Ave, Buffalo, NY 14201 | MLS# B1701476 | Listing updated on 2026-09-03
Photo 2 of Sale Pending at 399 S Elmwood Ave, Buffalo, NY 14201 | MLS# B1701476 | Listing updated on 2026-09-03
Photo 3 of Sale Pending at 399 S Elmwood Ave, Buffalo, NY 14201 | MLS# B1701476 | Listing updated on 2026-09-03
Photo 4 of Sale Pending at 399 S Elmwood Ave, Buffalo, NY 14201 | MLS# B1701476 | Listing updated on 2026-09-03
Photo 5 of Sale Pending at 399 S Elmwood Ave, Buffalo, NY 14201 | MLS# B1701476 | Listing updated on 2026-09-03
46+
Beds Icon

Street View

$529,900

  • Beds Icon6 Beds
  • Beds Icon
    4 Baths

    4 full baths

  • Beds Icon5,125sqft

399 S Elmwood Ave, Buffalo, NY 14201

Get Pre-Approved

  • Multi Family

  • Built in 1890

  • $-- HOA

  • 0.15 acre lot

  • $103/sq.ft

Description

Seize the opportunity to acquire this 4-unit side-by-side brick multifamily hiding in plain sight in one of Buffalo's most central and convenient locations. Situated at 399 S. Elmwood Ave. in downtown Buffalo (Accessible from Virginia Ave), this 5125 sq ft income property on 6400 SF lot offers tremendous value-add potential with below-market rents and expense improvement opportunities, creating a clear opportunity to increase cash flow and enhance long-term returns immediately. Actual Gross Income of $51,420 annually, potential gross of $71,400 (7.72% CAP RATE). Its prime location places tenants just minutes from Downtown Buffalo, the Buffalo Niagara Medical Campus, Allen...

Continue Reading
  • Houzeo last checked: 46 minutes ago
  • Listing updated: September 3, 2026 at 4:00 pm
  • Listing Provided by: Nicholas Corto (716) 864-1929 DRE #10401244740 | HUNT Real Estate ERA (716) 883-2200
  • Source: New York State Alliance of MLSs, Buffalo-NY | MLS#: B1701476 New York State Alliance of MLSs, Buffalo-NY

Part of

Building
399 S Elmwood Ave
No reviews yet

Property Details

  • Status

    Pending

  • Type

    Multi Family

  • No. of Stories

    2

  • County

    Erie County

  • City

    Buffalo

  • Neighborhood

    Allentown

  • Year Built

    1890

  • HOA Fees

    -

  • Finished Area

    5,125 sqft

  • Lot Size

    0.15 acre lot

  • Basement Area

    - sqft

  • MLS Name

    New York State Alliance of MLSs, Buffalo

  • MLS Number

    B1701476

  • MLS Status

    Pending

  • Days on Market

    43

  • Cumulative Days on Market

    13

Data provided by Redfin

Click to see all homes
static map image
Satellite
Close IconHouzeo

Do Real Estate on the Go!

For Sale
Price
Beds & Baths
Home Type
Filters
Save Search Share