1042 Elmwood Avenue Buffalo, NY $ 434,900
1042 Elmwood Avenue
$ 434,900
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1042 Elmwood Avenue

Buffalo, NY, 14222
$ 434,900
Bedrooms3 Baths4.0 Sq 3,501

Monthly Estimate*

$ 2,678

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Multi-Family Home for sale in Buffalo, NY

for $434,900 with 3 bedrooms and 4 full baths. This 3,501 square foot home was built in 1900 on a lot size of 0.0861.

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.

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Multi-Family Active

Price

$ 434,900

Bedrooms

3

Full Bath

4

Property Type

Multi-Family

Taxes

$ 5,814

Style

Fourplex

Lot Size

0.0861

Year Built

1900

Town/City

Buffalo

County/Region

Erie

MLS | Web ID

B1656534

Features
Interior
Interior Amenities CeilingFans NaturalWoodwork
Basement Full
Flooring Hardwood Laminate Tile Varies
Total Fireplaces 0
Total Stories 3
Basement (Y/N) Yes
Heating Y/N Yes
Window Features LeadedGlass ThermalWindows
Fireplace Y/N No
Half Baths 0
Total Bedrooms 3
Main Level Bathrooms 0
Total Baths 4
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General
Sewer Connected
Heating Gas ForcedAir
Utilities SewerConnected WaterConnected
Possession CloseOfEscrow
Roof Asphalt Flat
Appliances GasWaterHeater
Garage Spaces 0.0
Patio/Porch Features Balcony Patio
Architectural Style Fourplex
Construction Materials WoodSiding CopperPlumbing
School District Buffalo
Year Built 1900
Electric CircuitBreakers
Stories Count 3
Township Not Applicable
Property Subtype MultiFamily
County Erie
Property Type Residential
Subdivision Name Holland Land Company's Su
Rent Includes Gardener Other SeeRemarks Water
Full Baths 4
Status Active
Directions Elmwood between Bidwell Pkwy and Bird Ave
City Buffalo
Senior Community Y/N No
High School District Buffalo
Number Of Units Total 4
MLS Area Buffalo City-140200
Lot Size Units Acres
Lot Size Square Feet 3750.0
Year Built Details Existing
Tax Annual Amount 5814.0
Property Condition Resale
Standard Status Active
Middle/Junior School District Buffalo
Elementary School District Buffalo
Tax Assessed Value 328900
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 9
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Exterior
Exterior Amenities Balcony Fence Patio
Fencing Partial
Parking Features OnStreet
Lot Features Rectangular RectangularLot ResidentialLot
Water Source Connected Public
Lot Size Area 0.0861
Foundation Details Stone
Building Area Total 3501.0
Lot Dimensions 25X150
Lot Size Acres 0.0861
Waterfront Y/N No
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Road Frontage Type CityStreet
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Internal Only
Street Number 1 1042
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* Excluded Features
List By
Hunt Real Estate Corporation

Broker

(716) 430-1202

Phone

Affordability Calculator

$3,162
Per Month
85%
15%
0%
Monthly Principal & Interest
$2,678
Monthly Property Taxes
$485
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$434,900 Listed Price

Map


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1042 Elmwood Avenue, Buffalo, NY, 14222 is a Multi-Family Home for sale at $434,900 with 3,501 sqft and a lot size of 0.0861. 1042 Elmwood Avenue has 3 bedrooms, 4.0 baths, and was built in 1900. The property's zip code is 14222 which is in Buffalo, NY