229 Hagen Street
Buffalo, NY, 14215 $ 129,900
Bedrooms4 Baths2.0 Sq 1,291 Monthly Estimate*
$ 800
for $129,900 with 4 bedrooms and 2 full baths. This 1,291 square foot home was built in 1917 on a lot size of 0.0702.
Don't miss this two-family opportunity in Buffalo's East Side — one of the most talked-about real estate markets in the country. Whether you're an out-of-town investor looking to add cash-flowing assets to your portfolio or a savvy buyer ready to live in one unit while the other pays your mortgage, 229 Hagen Street delivers. This solid duplex features two well-laid-out units — one upper, one lower — each with 2 bedrooms, a full bathroom, and separate living, dining, and kitchen spaces. The home offers its own driveway with a generous backyard, offering the privacy and practicality tenants value, and the roof is in decent condition, so you can focus on your returns, not a maintenance list. The property is awaiting new ownership and tenants, giving you the rare ability to set market-rate rents from day one — no inherited tenants, no lease assignments, no waiting for a unit to become available to live in. In today's Buffalo rental market, that pricing flexibility is a serious advantage. Many 3rd party organizations have named Buffalo one of the hottest housing markets since 2024, and investment interest has remained strong ever since. For out-of-town buyers especially, the numbers are compelling: entry-level multifamily pricing paired with genuine rental demand makes Western New York a standout compared to overheated coastal markets. The neighborhood itself is on an upward trajectory. Governor Hochul recently awarded $10 million from the East Side Building Fund to 35 commercial and mixed-use projects, with several funded directly along the East Delavan corridor — right in this property's backyard. That's a meaningful, state-backed commitment to the area's future, and early investors tend to benefit most. With an affordable acquisition cost, vacant units ready for your tenants, and a city that's earned national recognition for its growth, 229 Hagen Street is a straightforward path to ownership — whether you're planting roots or building a portfolio.
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FeaturesGeneralSewer Connected
Heating Gas ForcedAir
Utilities SewerConnected WaterConnected
Possession CloseOfEscrow
Appliances GasWaterHeater
Garage Spaces 1.0
Construction Materials AluminumSiding Other
School District Buffalo
Year Built 1917
Township Not Applicable
Property Subtype MultiFamily
County Erie
Property Type Residential
Garage Y/N Yes
Rent Includes Water
Full Baths 2
Status Active
Directions Lang to Hagen
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 3060.0
Year Built Details Existing
Tax Annual Amount 1559.0
Property Condition Resale
Standard Status Active
Middle/Junior School District Buffalo
Elementary School District Buffalo
Tax Assessed Value 113000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 36
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InteriorBasement Full
Flooring Carpet Varies
Total Fireplaces 0
Total Stories 1
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Half Baths 0
Total Bedrooms 4
Main Level Bathrooms 0
Total Baths 2
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ExteriorExterior Amenities EnclosedPorch Porch
Parking Features Concrete
Lot Features Rectangular RectangularLot ResidentialLot
Water Source Connected Public
Lot Size Area 0.0702
Building Area Total 1291.0
Lot Dimensions 30X102
Lot Size Acres 0.0702
Waterfront Y/N No
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
Road Frontage Type CityStreet
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* Excluded FeaturesList ByKeller Williams Realty Greater RochesterBroker
Affordability Calculator
- Monthly Principal & Interest
- $800
- Monthly Property Taxes
- $130
- 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.
Learn more about how to save NearbyMulti-family listings in Buffalo, NY
Average List Price $239,452
Percent of Sale Price 84%
About Buffalo, NY 257,543 Population
-12% Since 2002
$ 34,439 Median Income
35.65 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
3322982 Elementary School
3323511 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/23/2026 | $129,900 | | Listed Price |