A turnkey, cash-flowing investment opportunity. Well-maintained 5-unit property located on prime Ashland Avenue just off Lexington. The building consists of four 1-bedroom units and one spacious 2-bedroom unit, offering a strong and flexible unit mix. Four of the five units are currently on month-to-month leases, presenting immediate upside potential for rent adjustments or repositioning.
The property sits on a generous lot with a sizable backyard, adding additional appeal for tenants. Interior features include beautiful original woodwork and stained glass windows, preserving the character and charm throughout. The roof is less than 10 years old.
Seller is open to considering seller-held financing for qualified buyers with acceptable terms.
Conveniently located near Elmwood Village, Bidwell Park, shopping, dining, and public transportation. A solid investment opportunity in a high-demand rental area.
The property sits on a generous lot with a sizable backyard, adding additional appeal for tenants. Interior features include beautiful original woodwork and stained glass windows, preserving the character and charm throughout. The roof is less than 10 years old.
Seller is open to considering seller-held financing for qualified buyers with acceptable terms.
Conveniently located near Elmwood Village, Bidwell Park, shopping, dining, and public transportation. A solid investment opportunity in a high-demand rental area.
Property Details
Price:
$449,777
MLS #:
B1678204
Status:
Active
Beds:
5
Baths:
0
Type:
Multi Family
Subtype:
Other
Subdivision:
Elmwood Strip
Neighborhood:
buffalocity140200
Listed Date:
May 1, 2026
Finished Sq Ft:
4,107
Total Sq Ft:
4,107
Lot Size:
4,792 sqft / 0.11 acres (approx)
Year Built:
1900
Units:
5
See this Listing
Schools
School District:
Buffalo
Interior
Appliances
Gas Oven, Gas Range, Gas Water Heater, Refrigerator, See Remarks
Flooring
Carpet, Hardwood, Varies, Vinyl
Heating
Gas, Forced Air
Exterior
Community Features
None
Construction Materials
Vinyl Siding
Lot Features
Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Parking Features
None, No Driveway, No Garage
Roof
Asphalt
Stories
3
Financial
Taxes
$7,511
Map
Community
- Address285 Ashland Avenue Buffalo NY
- CityBuffalo
- CountyErie
- Zip Code14222
Subdivisions in Buffalo
- 200 Delaware Condo
- 770 West Ferry Condo
- 800 West Ferry Condo
- Admirals Walk Condo
- Allentown
- Appollos Stevens
- Bailey Estate
- Bailey Estates
- Bailey-Lovejoy
- Berkshire Terrace
- Bird Farm
- Black Rock
- Bronson Park
- Bryant Parish Condo
- Buffal0 Crk Reservation
- Buffalo
- Buffalo Creek Reservation
- Buffalo Crk
- Buffalo Crk Indian Reserv
- Buffalo Crk Reservation
- Buffalo Stove Works Prop
- Carriage Lane Condo Bldg
- Central Park
- City Centre Condo
- City Of Buffalo
- City/Buffalo
- Cold Springs
- Colvin Estates
- Colvin Park
- Colvin Park New 04
- Delaware District
- Delaware Tower
- Delaware Tower Condo
- Delaware Tower Condos
- Downtown
- Drexel Add
- Drexel Sub
- East Side
- Ebenezer Lands
- Elmwood
- Elmwood Strip
- Estate/James H Metcalfe
- Executive Condo
- Ferry
- Ferry Lt
- Fillmore Leroy
- First Ward
- Fruit Belt
- Gore
- Gore Tr
- Hamlin Park
- Highland Park
- Historic Warehouse Condo
- Holland Company’s Surv
- Holland Land
- Holland Land Co
- Holland Land Companies Su
- Holland Land Company
- Holland Land Company ‘s S
- Holland Land Company Surv
- Holland Land Company’s Su
- Holland Land Companys
- Holland Land Companys Sur
- Holland Land Cos Curv
- HOLLAND LAND COS SURV
- Holland Land’s Company Su
- Holland Lands Company’s S
- Homes Tr
- Hospital Hill
- Humboldt Park
- James Sperry’s Surv
- Jones
- Jones Tr
- Kaisertown
- Kensington
- Kensington Park
- Land Company’s Surv
- Lands/The Richmond Avenue
- Lang Field Sub Map #2
- Lee & Mcphersons Sub
- Lower West Side
- Manns Plan
- Marina Park Condo B Bldg
- Masten Park
- New York State Reservatio
- Niagara
- North Buffalo
- Parish
- Parish Tr
- Parkside
- Pasquale Condo
- Polonia
- Rivermist Dev Ph 1
- Riverside
- Schiller Park
- South Buffalo
- South Vlg/Black Rock
- St Marys Square Condo
- Steven’s Surv
- Stevens Surv
- University District
- University Heights
- University Park Sub
- Waterfront Village Pt I
- Waterfront Village Pt Ii
- West Side
- Willert Park
- Willert Park Village Ph 1
Market Summary
Current real estate data for Multi Family in Buffalo as of Aug 30, 2026
548
Multi Family Listed
82
Avg DOM
97
Avg $ / SqFt
$290,309
Avg List Price
Property Summary
- 285 Ashland Avenue Buffalo NY is a Multi Family for sale in Buffalo, NY, 14222. It is listed for $449,777
Similar Listings Nearby
Courtesy of Howard Hanna WNY Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the New York State Alliance of MLSs. Detailed information about real estate listings held by brokerage firms other than Michael Paduano include the name of the listing broker. Neither the listing company nor Michael Paduano shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. New York State Alliance of MLSs. All rights reserved. 285 Ashland Avenue
Buffalo, NY