MP Home Team

71 Condon Avenue
Buffalo, NY, 14207
$299,900
8 Beds
4 Baths
3,814 SqFt
0.07 Acres
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MLS #B1706940 image #0
Calling ALL investors… **3 of 4 OCCUPIED 4-UNIT INVESTMENT PROPERTY was generating $54,000 when fully occupied but can generate even more with a new tenant in annual gross rental income!** Located in Buffalo’s Riverside neighborhood near the Niagara River and Riverside Park, this income-producing multi-family offers an attractive combination of established cash flow, separate utilities and future upside. Each of the four apartments features 2 bedrooms and 1 full bath, creating a consistent and desirable unit mix. Current rents total $3400.00/month w one vacant unit. 2 month-to-month tenancy units at $1,200 each, plus one long term tenant, month-to-month and $1,000. Separate gas and electric utilities add to the property’s investment appeal. The building also features two separate full basements and a massive walk-up attic offering substantial additional storage. Situated on a spacious corner parcel with a large yard, the property may also offer potential to create off-street parking, subject to applicable zoning, approvals and permitting—an attractive opportunity to further enhance tenant convenience and long-term value. Whether adding to an existing portfolio or purchasing a first multi-family investment, this 3 of 4 occupied Buffalo 4-unit offers immediate rental income with additional upside potential. Some photos have been de-cluttered using ai. Offers reviewed as they come. Showings start immediately.

Property Details

Price:
$299,900
MLS #:
B1706940
Status:
Active
Beds:
8
Baths:
4
Type:
Multi Family
Subtype:
MultiFamily
Subdivision:
Jones Tr
Neighborhood:
buffalocity140200
Listed Date:
Aug 18, 2026
Finished Sq Ft:
3,814
Total Sq Ft:
3,814
Lot Size:
3,150 sqft / 0.07 acres (approx)
Year Built:
1928
Units:
4
Buffalo City-140200Buffalocity140200Jones TrBuffaloProbate

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Schools

School District:
Buffalo

Interior

Appliances
Gas Water Heater
Bathrooms
4 Full Bathrooms
Flooring
Hardwood, Laminate, Varies, Vinyl
Heating
Gas, Forced Air
Levels
Two

Exterior

Construction Materials
Composite Siding
Lot Features
Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Parking Features
No Driveway
Stories
2

Financial

Taxes
$4,278

Map

Community

Subdivisions in Buffalo

Market Summary

Current real estate data for Multi Family in Buffalo as of Oct 11, 2026
552
Multi Family Listed
88
Avg DOM
97
Avg $ / SqFt
$294,509
Avg List Price

Property Summary

    Located in the Jones Tr subdivision, 71 Condon Avenue Buffalo NY is a Multi Family for sale in Buffalo, NY, 14207. It is listed for $299,900

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