CCertihomes
1042 Elmwood Avenue, Buffalo, NY 14222

$469,000

3 beds 4 baths 3,501 sqft Built 19001 days on marketActive

About this home

Looking for an prime location investment property that stands out? This exceptional 4-unit in the Elmwood Village is steps from Delaware Park, Bidwell, and some of Buffalo's best shops, museums and restaurants. The spacious 1st flr studio unit features an updated kitchen and bath, hardwood floors, decorative fireplace, and access to a lovely front porch—a bright, welcoming space with tons of character. The 2nd flr front unit, just renovated, is currently vacant and ideal as an owner’s unit. Upgrades include refinished hardwood floors, fresh paint, updated lighting, new outlets and ceiling fans, plus a second fireplace, a beautiful leaded glass window, and a private porch overlooking Elmwood Av. At the rear of the property, you’ll find two additional 1-bedroom units with identical layouts—each offering a full bath, a large living room, and a spacious kitchen. A full walk-up attic offers untapped potential for additional income. The basement includes a laundry area, with W&D included in the sale. Each of the four units has its own forced air furnace, and all tenants (except Unit 3) pay separate utilities. All refrigerators, stoves, and window AC units are also included. Tear-off roof is about 5 yrs old. Mostly fenced backyard provides a peaceful outdoor space for tenants. Whether you're looking to expand your portfolio or live in one unit while renting the others, this is a unique opportunity to own a piece of the vibrant Elmwood Village. Don’t miss your chance to own this versatile and turnkey property!

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.15% APR.

Your estimated payment
$5,279/mo

Real estate (PITI + HOA + PMI)
$4,350
Principal + interest$3,009
Property tax + insurance$1,165
PMI / 2nd mortgage$176
Utilities
$2,020
Heating + cooling$857
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$140
$5,279/mo TLC
Budget$5,779/mo
Remaining after TLC$500/mo
Purchase price
$469,000
Down payment
$23,450 (5%)
Loan amount
$445,550
APR
7.15%

Quick facts

Type
MultiFamily
Style
Fourplex
Year built
1900
Lot size
0.0861 ac
Stories
3
Heating
Gas, ForcedAir
Cooling
Water
Connected, Public
HOA
Annual tax
$7,195
MLS #
B1624629
County
Erie

At a glance

Basement

Home features

Appliances
GasWaterHeater
Interior
CeilingFansNaturalWoodwork
Exterior
BalconyFencePatio
Parking
OnStreet
Flooring
Hardwood, Laminate, Tile, Varies
Roof
Asphalt, Flat
Sewer
Connected

Lot features

Rectangular, RectangularLot, ResidentialLot

Neighborhood — 14222

MetricThis ZIPCountyUSA
Population10,09319,351,094299,088,112
Population Change Since1990-11.00%8.00%20.00%
Population Density9,764395
Male5,0409,381,926147,432,321
Female5,0529,969,168151,655,844
Never Married4,5694,946,39163,775,926
Married2,5217,166,701123,120,365
Separated4191,159,67312,639,686
Widowed6051,110,24515,467,586
Divorced9911,210,44823,075,029
Number Of House Hold5,5827,102,016111,826,380
Average House Hold Size1.742.642.60
Medial Age36.3136.5335.46
Median House Hold Income$37,436$49,847$48,276
Average House Hold Income$58,687$70,032$63,629
P C I$33,176$26,569$24,529
M D I$32,912$42,210$41,133
A T H E$48,460$54,185$50,898
S T R8.75%4.00%
W C J85.96%81.55%77.74%
(Zip) Code
14222

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Listing information last refreshed 7/22/2025. Provided courtesy of HUNT Real Estate Corporation via Buffalo MLS. Information deemed reliable but not guaranteed.