$499,900
About this home
2961 Bailey Ave – Prime Investment Opportunity! Discover a well-maintained multi-family property in the heart of Buffalo, offering 10 income-generating units including a mix of one-bedroom, two-bedroom, and a studio apartment. With a strong rental history and all units currently occupied, this property provides immediate cash flow and long-term stability for investors. Each apartment is spacious and designed for comfortable living, with tenants responsible for their own deposits. Current rents range from $650 to $900 per month, bringing in a solid monthly gross income of $8, 100 and an annual gross potential of $97, 200. Located on a convenient transit corridor, 2961 Bailey Ave is close to shopping, schools, and public transportation, making it attractive to renters year-round. Whether you’re expanding your portfolio or seeking your next high-performing asset, this property is a turnkey investment with consistent returns. Don't wait. Don't wait to lose this opportunity to own this cash-cow investment property. Showing starts immediately!
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.
- Real estate (PITI + HOA + PMI)
- $4,621
- Utilities
- $3,840
- Transportation
- $0
- Other (entertainment)
- $140
Quick facts
At a glance
Home features
Lot features
FlagLot, NearPublicTransit
Neighborhood — 14215
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 40,911 | 19,351,094 | 299,088,112 |
| Population Change Since1990 | -10.00% | 8.00% | 20.00% |
| Population Density | 8,855 | 395 | — |
| Male | 18,532 | 9,381,926 | 147,432,321 |
| Female | 22,379 | 9,969,168 | 151,655,844 |
| Never Married | 12,735 | 4,946,391 | 63,775,926 |
| Married | 10,279 | 7,166,701 | 123,120,365 |
| Separated | 2,452 | 1,159,673 | 12,639,686 |
| Widowed | 2,622 | 1,110,245 | 15,467,586 |
| Divorced | 3,202 | 1,210,448 | 23,075,029 |
| Number Of House Hold | 15,995 | 7,102,016 | 111,826,380 |
| Average House Hold Size | 2.51 | 2.64 | 2.60 |
| Medial Age | 32.52 | 36.53 | 35.46 |
| Median House Hold Income | $30,553 | $49,847 | $48,276 |
| Average House Hold Income | $39,925 | $70,032 | $63,629 |
| P C I | $16,114 | $26,569 | $24,529 |
| M D I | $27,419 | $42,210 | $41,133 |
| A T H E | $37,770 | $54,185 | $50,898 |
| S T R | 8.75% | 4.00% | — |
| W C J | 77.17% | 81.55% | 77.74% |
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
Open in Google Maps →Listing information last refreshed 8/17/2025. Provided courtesy of Towne Housing Real Estate via Buffalo MLS. Information deemed reliable but not guaranteed.