MP Home Team

340 Elmwood Avenue
Buffalo, NY, 14222
$639,900
1 Beds
0 Baths
4,970 SqFt
0.16 Acres
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MLS #B1583499 image #0
340 Elmwood Ave. is a versatile 1900’s Victorian mansion situated on a visible and easily accessible Elmwood Village thoroughfare!
The asset enjoys strong occupancy and is comprised of both apartments and a rooming house setup, (which is fully licensed).
This product type fills a demanding housing option for many home seekers with limited budgets and need requirements.
The property offers some off-street parking, common laundry facilities. All utilities included!
340 Elmwood is in very close proximity to downtown Buffalo, N.Y., the Canadian border and all major thruway arteries in and out of the city of buffalo and surrounding suburb locations.
This is an excellent opportunity to utilize the property in the same format, or potentially setup as an owner occupied use, or possible Bed and Breakfast services and/or an AIRBNB service rental.

The property enjoys strong occupancy with both leases and month to month tenancy. There are updated mechanicals and roof.
several units come with appliances. The single rooms share two common and modern bathroom facilities, located on the 2nd and 3rd floors, and are professionally miantained monthly.
four of the rentals have their own private bath

340 Elmwood has direct access to public transportation and is close to the Medical coordinator and Buffalo CBD.

Property Details

Price:
$639,900
MLS #:
B1583499
Status:
Active
Beds:
1
Baths:
0
Type:
Single Family
Subtype:
RoomingHouse
Subdivision:
Elmwood Strip
Neighborhood:
buffalocity140200
Listed Date:
Jan 13, 2025
Finished Sq Ft:
4,970
Total Sq Ft:
4,970
Lot Size:
6,800 sqft / 0.16 acres (approx)
Year Built:
1900
Buffalo City-140200Buffalocity140200Elmwood StripBuffalo

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Schools

School District:
Buffalo

Interior

Appliances
Gas Water Heater, See Remarks
Flooring
Carpet, Hardwood, Other, See Remarks, Varies, Vinyl
Heating
Gas, Forced Air, Hot Water
Laundry Features
Coin Operated

Exterior

Community Features
Laundry Facilities
Construction Materials
Brick, Frame
Exterior Features
Blacktop Driveway
Parking Features
Three Or More Spaces, No Garage, Shared Driveway
Roof
Asphalt

Financial

Net Operating Income
$49,273
Taxes
$8,077

Map

Community

Subdivisions in Buffalo

Market Summary

Current real estate data for Single Family in Buffalo as of Feb 05, 2026
496
Single Family Listed
107
Avg DOM
133
Avg $ / SqFt
$279,771
Avg List Price

Property Summary

    340 Elmwood Avenue Buffalo NY is a Single Family for sale in Buffalo, NY, 14222. It is listed for $639,900 and features 1 beds, 0 baths, and has approximately 4,970 square feet of living space, and was originally constructed in 1900. The current price per square foot is $129. The average price per square foot for Single Family listings in Buffalo is $133. The average listing price for Single Family in Buffalo is $279,771.

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