MP Home Team

467 Norwood Avenue
Buffalo, NY, 14222
$689,999
8 Beds
0 Baths
6,093 SqFt
0.17 Acres
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MLS #B1650108 image #0
Exceptional investment opportunity in the heart of Elmwood Village! This well-maintained 5-unit property With a NOI of 67,831 and also has 10.0 cap Rate, also over 7500 a month in Rental income, offering strong cash flow with additional value-add potential. The building Features three 2- bedroom 1 bath & two 1 bedroom 1 bath each thoroughly maintained and appealing to long term tenants and students alike. Located just steps from Elmwood’s top restaurants, shops, and entertainment, minutes from Buffalo State College and the Albright-Knox Art Museum, this property is ideal for investors seeking a prime, high demand rental location. Tenants enjoy a large backyard, on site Laundry, and proximity to public transportation. Strong rental History well cared for, and ready to continue performing – or take to the next level with strategic updates. A rare opportunity in one of Buffalo’s most desirable neighborhoods !

Property Details

Price:
$689,999
MLS #:
B1650108
Status:
Active
Beds:
8
Baths:
0
Type:
Single Family
Subtype:
Commercial
Subdivision:
Elmwood Strip
Neighborhood:
buffalocity140200
Listed Date:
Nov 10, 2025
Finished Sq Ft:
6,093
Total Sq Ft:
6,093
Lot Size:
7,215 sqft / 0.17 acres (approx)
Year Built:
1910
Buffalo City-140200Buffalocity140200Elmwood StripBuffaloProbate

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Schools

School District:
Buffalo

Interior

Appliances
Gas Water Heater
Flooring
Carpet, Hardwood, Varies
Heating
Gas, Forced Air

Exterior

Construction Materials
Aluminum Siding, Attic Crawl Hatchways Insulated, Brick, Vinyl Siding
Parking Features
Two Spaces, No Driveway
Roof
Asphalt

Financial

Taxes
$11,172

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

    467 Norwood Avenue Buffalo NY is a Single Family for sale in Buffalo, NY, 14222. It is listed for $689,999 and features 8 beds, 0 baths, and has approximately 6,093 square feet of living space, and was originally constructed in 1910. The current price per square foot is $113. 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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