Turnkey 4 unit investment property in the heart of Buffalo’s highly desirable Elmwood Village, offering strong rental demand, mixed use zoning and good income. Located close to Delaware Park, Bidwell Parkway, and some of Buffalo’s best shops, dining, and cultural attractions, this property benefits from one of the city’s most stable and sought-after rental markets. The building consists of a 1st floor studio with updated kitchen and bath, hardwood floors, decorative fireplace, and front porch access, along with a recently renovated 2nd floor 1 bedroom that is currently vacant and ready to lease or owner occupy. Renovations include refinished hardwood floors, fresh paint, updated lighting, new outlets and ceiling fans, a second decorative fireplace, leaded glass window, and a private porch overlooking Elmwood Ave. Two additional 1 bedroom units at the rear feature identical layouts with full baths, large living rooms, and spacious kitchens. A full walk-up attic provides potential for future value-add or additional income, while the basement offers a shared laundry area with washer and dryer included. Each unit has its own forced-air furnace and tenants pay their own utilities with the exception of Unit 3, keeping operating costs low. Refrigerators & stoves included in the sale, the tear-off roof is approximately five years old and the fenced backyard adds additional tenant appeal. Whether you are seeking immediate cash flow, a low-maintenance asset in a prime location, or a property with long-term upside, this Elmwood Village 4 unit represents a rare opportunity in a proven rental market.
Property Details
Price:
$434,900
MLS #:
B1656534
Status:
Pending
Beds:
3
Baths:
4
Type:
Multi Family
Subtype:
MultiFamily
Subdivision:
Holland Land Company’s Su
Neighborhood:
buffalocity140200
Listed Date:
Jan 5, 2026
Finished Sq Ft:
3,501
Total Sq Ft:
3,501
Lot Size:
3,750 sqft / 0.09 acres (approx)
Year Built:
1900
Units:
4
See this Listing
Schools
School District:
Buffalo
Interior
Appliances
Gas Water Heater
Bathrooms
4 Full Bathrooms
Flooring
Hardwood, Laminate, Tile, Varies
Heating
Gas, Forced Air
Exterior
Architectural Style
Fourplex
Construction Materials
Wood Siding, Copper Plumbing
Exterior Features
Balcony, Fence, Patio
Parking Features
On Street
Roof
Asphalt, Flat
Financial
Taxes
$5,814
Map
Community
- Address1042 Elmwood Avenue Buffalo NY
- SubdivisionHolland Land Company’s Su
- CityBuffalo
- CountyErie
- Zip Code14222
Subdivisions in Buffalo
- 200 Delaware Condo
- 200 Delaware Residential
- 770 West Ferry Condo
- 800 West Ferry Condo
- 900 Delaware Condo
- Admirals Walk Condo
- Allentown
- Apollos Stevens Surv
- Appollo Stevens Surv
- Appollos Stevens Surv
- Bailey Estate 01
- Bailey Estates
- Bailey-Lovejoy
- Barker Square Condo
- Berkshire Terrace
- Bethune Lofts
- Bird Farm
- Black Rock
- Boulevard Land Co
- Bryant Parish Condo
- Buffalo
- Buffalo Crk Erservation
- Buffalo Crk Indian Reserv
- Buffalo Crk Resermation
- Buffalo Crk Reservation
- Buffalo Crk Sub
- Central Park
- City Centre Condo
- City/Buffalo
- Cold Springs
- Colvin Estates
- Colvin Park 01
- Colvin Park Map #4
- Colvin Park Sub Map #1
- Colvin Park Sub Map #2
- Congress Street
- Copeland Place
- Delaware District
- Delaware Tower
- Delaware Tower Condo
- Delaware Tower Condos
- Downtown
- East Side
- Elmwood
- Elmwood Strip
- Estate/James H Metcalfe
- Executive Condo
- Ferry
- Ferry Lt
- Fillmore Leroy
- First Ward
- Fruit Belt
- Garner
- Georgian Village Condo
- Gore
- Gore Tr
- Hamlin Park
- Highland Park
- Historic Warehouse Condo
- Historic Warehouse LLC
- Holland
- Holland Land
- Holland Land Co
- Holland Land Companies Su
- Holland Land Company
- Holland Land Company Surv
- Holland Land Company’s
- Holland Land Company’s Su
- Holland Land Companys
- Holland Land Companys Sub
- Holland Land Companys Sur
- Holland Land Compnay’s Su
- HOLLAND LAND COS SURV
- Holland Lands Company’s S
- Homes Tr
- Hospital Hill
- Humboldt Park
- Jones
- Jones Tr
- Jones Tract
- Judge’s Row
- Kaisertown
- Kensington
- Kensington Heights
- Kensington Park
- Lang Field Sub Map #2
- Late South Vlg/Black Rock
- Late Vlg/Black Rock
- Lee & Mcphersons Sub
- Lower West Side
- M Davey’s Surv
- Manns Plan
- Masten
- Masten Park
- Mile Reserve
- N3384/0001
- New York State Reservatio
- Niagara
- North Buffalo
- Ogden Gore Tr
- Parish
- Parish Tr
- Parish Tract
- Park Gardens Sub 1
- Park Gardens Sub 5
- Park Land Associations
- Park Lane Condo
- Park Meadow
- Park View Estates
- Parkside
- Pasquale Condo
- Polonia
- River View Land Co
- Rivermist Dev Ph 1
- Riverside
- Schiller Park
- Section 89 70
- South Buffalo
- South Park Sub
- South Village Black Road
- South Village Black Rock
- South Village/Black Rock
- South Vlg/Black Rock
- St Marys Square Condo
- Stevens Surv
- Symphony Circle Condo
- Tivoli Gardens Condo
- University District
- University Heights
- University Park Sub
- Vernon Triangle
- Waterfront Village Pt II
- Waterloo-Hubbell Sub
- West End Condo Bldg
- West Side
- Willert Park
- Woodside Land Co
Market Summary
Current real estate data for Multi Family in Buffalo as of Feb 05, 2026
291
Multi Family Listed
108
Avg DOM
96
Avg $ / SqFt
$242,776
Avg List Price
Property Summary
- Located in the Holland Land Company’s Su subdivision, 1042 Elmwood Avenue Buffalo NY is a Multi Family for sale in Buffalo, NY, 14222. It is listed for $434,900
Similar Listings Nearby
Courtesy of HUNT Real Estate Corporation. 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. 1042 Elmwood Avenue
Buffalo, NY

