71 Condon Avenue Buffalo, NY $ 389,900
71 Condon Avenue
$ 389,900
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71 Condon Avenue

Buffalo, NY, 14207
$ 389,900
Bedrooms8 Baths4.0 Sq 3,814

Monthly Estimate*

$ 2,462

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Multi-Family Home for sale in Buffalo, NY

for $389,900 with 8 bedrooms and 4 full baths. This 3,814 square foot home was built in 1928 on a lot size of 0.0723.

Calling ALL investors... **FULLY OCCUPIED 4-UNIT INVESTMENT PROPERTY generating $54,000 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 $4,500/month: two leased units at $1,200 each, plus month-to-month units at $1,100 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 fully 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.

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Multi-Family Active

Price

$ 389,900

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 4,278

Style

MultiFamily

Lot Size

0.0723

Year Built

1928

Town/City

Buffalo

County/Region

Erie

MLS | Web ID

B1706940

Features
General
Sewer Connected
Heating Gas ForcedAir
Utilities SewerConnected WaterConnected
Possession CloseOfEscrow
Appliances GasWaterHeater
Garage Spaces 0.0
Construction Materials CompositeSiding
School District Buffalo
Year Built 1928
Stories Count 2
Township Not Applicable
Levels Two
Property Subtype MultiFamily
County Erie
Property Type Residential
Subdivision Name Jones Tr
Rent Includes Water
Full Baths 4
Status Active
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 3150.0
Year Built Details Existing
Tax Annual Amount 4278.0
Property Condition Resale
Standard Status Active
Middle/Junior School District Buffalo
Elementary School District Buffalo
Tax Assessed Value 234900
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 15
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Interior
Basement Full
Flooring Hardwood Laminate Varies Vinyl
Total Fireplaces 0
Total Stories 2
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Half Baths 0
Total Bedrooms 8
Main Level Bathrooms 0
Total Baths 4
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Exterior
Parking Features NoDriveway
Lot Features NearPublicTransit Rectangular RectangularLot ResidentialLot
Water Source Connected Public
Lot Size Area 0.0723
Building Area Total 3814.0
Lot Dimensions 30X105
Lot Size Acres 0.0723
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 71
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* Excluded Features
List By
Towne Housing Real Estate

Broker

(716) 316-9738

Phone

Affordability Calculator

$2,818
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,462
Monthly Property Taxes
$357
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
8/18/2026$389,900 Listed Price

Map


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71 Condon Avenue, Buffalo, NY, 14207 is a Multi-Family Home for sale at $389,900 with 3,814 sqft and a lot size of 0.0723. 71 Condon Avenue has 8 bedrooms, 4.0 baths, and was built in 1928. The property's zip code is 14207 which is in Buffalo, NY