55 Winspear Avenue Buffalo, NY $ 284,999
55 Winspear Avenue
$ 284,999
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55 Winspear Avenue

Buffalo, NY, 14214
$ 284,999
Bedrooms5 Baths2.0 Sq 1,887

Monthly Estimate*

$ 1,755

55 Winspear Avenue, Buffalo, NY 14214 - Image 1
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55 Winspear Avenue, Buffalo, NY 14214 - Image 10
55 Winspear Avenue, Buffalo, NY 14214 - Image 11

Multi-Family Home for sale in Buffalo, NY

for $284,999 with 5 bedrooms and 2 full baths. This 1,887 square foot home was built in 1840 on a lot size of 0.0803.

Located directly across from University at Buffalo South Campus, 55 Winspear is a high-performing, income-producing two-family investment with a strong rental history and consistent cash flow. The unbeatable proximity to campus ensures steady tenant demand and minimal vacancy, making this a reliable addition to any portfolio. The property features a brand-new front porch, off-street driveway parking, and a private backyard—amenities that support strong rents and long-term tenant retention. Units are always rented, and student demand remains exceptionally high year after year. With a flexible layout, this property is ideal for investors seeking immediate returns or an owner-occupant strategy: live in one unit while renting the other to significantly offset or potentially cover the mortgage. Possible to make upstairs apartment a two bedroom unit. A rare opportunity to acquire a turnkey, cash-flowing property in one of Buffalo’s most reliable student rental locations. University Area continues to improve and appreciate!

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Multi-Family Active

Price

$ 284,999

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,500

Style

Duplex

Lot Size

0.0803

Year Built

1840

Town/City

Buffalo

County/Region

Erie

MLS | Web ID

B1656306

Features
General
Sewer Connected
Heating Gas HeatPump Baseboard
Cooling HeatPump
Utilities ElectricityAvailable SewerConnected WaterAvailable
Possession CloseOfEscrow
Roof Asphalt Slate Tile
Appliances GasWaterHeater TanklessWaterHeater
Garage Spaces 0.0
Architectural Style Duplex
Construction Materials Frame VinylSiding
School District Buffalo
Year Built 1840
Electric CircuitBreakers
Tenant Pays AllUtilities
Stories Count 2
Township Not Applicable
Levels Two
Property Subtype Duplex
Gross Income 38400.0
County Erie
Net Operating Income 33400.0
Operating Expense 2500.0
Property Type Residential
Rent Includes Water
Full Baths 2
Status Active
Directions Off Main Street
City Buffalo
Senior Community Y/N No
High School District Buffalo
Number Of Units Total 2
MLS Area Buffalo City-140200
Lot Size Units Acres
Lot Size Square Feet 3500.0
Year Built Details Existing
Tax Annual Amount 2500.0
Property Condition Resale
Structure Type Duplex
Standard Status Active
Middle/Junior School District Buffalo
Elementary School District Buffalo
Tax Assessed Value 99000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 18
Property Sub Type Additional Duplex
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Interior
Basement Partial
Flooring Hardwood LuxuryVinyl Varies
Furnished Y/N Furnished
Total Fireplaces 0
Total Stories 2
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Half Baths 0
Total Bedrooms 5
Main Level Bathrooms 0
Total Baths 2
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Exterior
Exterior Amenities Awnings
Parking Features TwoOrMoreSpaces
Lot Features NearPublicTransit Rectangular RectangularLot ResidentialLot
Water Source NotConnected Public
Lot Size Area 0.0803
Foundation Details Stone
Building Area Total 1887.0
Lot Dimensions 35X100
Lot Size Acres 0.0803
Waterfront Y/N No
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
Road Frontage Type CityStreet MainThoroughfare
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Internal Only
Street Number 1 55
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* Excluded Features
List By
Mercer Real Estate

Broker

(646) 208-8574

Phone

Affordability Calculator

$1,963
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,755
Monthly Property Taxes
$208
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
246920 Elementary School
247190 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/5/2026$284,999 Listed Price

Map


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55 Winspear Avenue, Buffalo, NY, 14214 is a Multi-Family Home for sale at $284,999 with 1,887 sqft and a lot size of 0.0803. 55 Winspear Avenue has 5 bedrooms, 2.0 baths, and was built in 1840. The property's zip code is 14214 which is in Buffalo, NY