2961 Bailey Ave – Prime Investment Opportunity! Discover a well-maintained multi-family property in the heart of Buffalo, offering 10 income-generating units including a mix of one-bedroom, two-bedroom, three-bedroom, and a studio apartment. With a strong rental history and all units currently occupied, this property provides immediate cash flow and long-term stability for investors. Each apartment is spacious and designed for comfortable living, with tenants responsible for their own deposits. Current rents range from $650 to $900 per month, bringing in a solid monthly gross income of $8,100 and an annual gross potential of $97,200. Located on a convenient transit corridor, 2961 Bailey Ave is close to shopping, schools, and public transportation, making it attractive to renters year-round. Whether you’re expanding your portfolio or seeking your next high-performing asset, this property is a turnkey investment with consistent returns. Don’t wait. Don’t wait to lose this opportunity to own this cash-cow investment property. Showing starts immediately!
Property Details
Price:
$499,900
MLS #:
B1676437
Status:
Active
Beds:
10
Baths:
0
Type:
Multi Family
Subtype:
Other
Subdivision:
East Side
Neighborhood:
buffalocity140200
Listed Date:
Apr 25, 2026
Finished Sq Ft:
7,532
Total Sq Ft:
7,532
Lot Size:
4,905 sqft / 0.11 acres (approx)
Year Built:
1936
Units:
10
See this Listing
Schools
School District:
Buffalo
Interior
Appliances
Gas Water Heater, See Remarks
Flooring
Carpet, Hardwood, Tile, Varies, Vinyl
Heating
Gas, Radiators
Exterior
Community Features
None
Construction Materials
Brick, Frame, Vinyl Siding
Exterior Features
Concrete Driveway
Lot Features
Flag Lot, Near Public Transit
Parking Features
No Garage
Roof
Asphalt
Financial
Taxes
$5,560
Map
Community
- Address2961 Bailey Avenue Buffalo NY
- CityBuffalo
- CountyErie
- Zip Code14215
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 Jul 16, 2026
525
Multi Family Listed
77
Avg DOM
98
Avg $ / SqFt
$274,135
Avg List Price
Property Summary
- 2961 Bailey Avenue Buffalo NY is a Multi Family for sale in Buffalo, NY, 14215. It is listed for $499,900
Similar Listings Nearby
Courtesy of eXp Realty. 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. 2961 Bailey Avenue
Buffalo, NY

