MP Home Team

1042 Elmwood Avenue
Buffalo, NY, 14222
$434,900
3 Beds
4 Baths
3,501 SqFt
0.09 Acres
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MLS #B1656534 image #0
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
FourplexBuffalo City-140200Buffalocity140200Holland Land Company’s SuBuffaloProbate

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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

Subdivisions in Buffalo

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

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