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  • $435,000

    1042 Elmwood, Buffalo, NY 14222

    3beds
    3,501sqft
    Quadruplex, Multi Family
    Built in 1900
    -- sqft lot
    $444,400 Zestimate®
    $124/sqft
    $2,108 Estimated rent

    Home value

    $444,400

    $422,000 - $471,000

    $2,108/mo

    Zestimate® history
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    What's special

    Decorative fireplaceFront porch accessSpacious kitchensLeaded glass windowSecond decorative fireplaceHardwood floorsUpdated kitchen
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jesse Lunn 716-430-1202,

    HUNT Real Estate Corporation

    Bought with:

    Kalee Halladay, 10301223668

    EXP-Premier Listings Team

    Source: NYSAMLSs,MLS#: B1656534MLS LogoOriginating MLS: Buffalo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Gas, Forced Air
    Appliances
    • Included: Gas Water Heater
    Features
    • Ceiling Fan(s), Natural Woodwork
    • Flooring: Hardwood, Laminate, Tile, Varies
    • Windows: Leaded Glass, Thermal Windows
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 3,501
    • Total interior livable area: 3,501 sqft

    Property

    Parking
    • Parking features: On Street
    Features
    • Stories: 3
    • Patio & porch: Balcony, Patio
    • Exterior features: Balcony, Fence, Patio
    • Fencing: Partial
    Lot
    • Size: 3,750 Square Feet
    • Dimensions: 25 x 150
    • Features: Rectangular, Rectangular Lot, Residential Lot
    Details
    • Parcel number: 1402000896900003009000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Fourplex
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Wood Siding, Copper Plumbing
    • Foundation: Stone
    • Roof: Asphalt,Flat
    Condition
    • Resale
    • Year built: 1900

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Connected
    • Water: Connected, Public
    • Utilities for property: Sewer Connected, Water Connected

    Community & HOA

    Community
    • Subdivision: Holland Land Company's Su
    Location
    • Region: Buffalo

    Financial & listing details

    • Price per square foot: $124/sqft
    • Tax assessed value: $328,900
    • Annual tax amount: $5,814
    • Date on market: 1/5/2026
    • Cumulative days on market: 185 days
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    4/6/2026Sold$435,000+0%$124/sqft
    Source: NYSAMLSs #B1656534 Report a problem
    1/23/2026Pending sale$434,900$124/sqft
    Source: NYSAMLSs #B1656534 Report a problem
    1/5/2026Listed for sale$434,900-3.1%$124/sqft
    Source: NYSAMLSs #B1656534 Report a problem
    1/5/2026Listing removed$449,000$128/sqft
    Source: HUNT ERA Real Estate #B1624629 Report a problem
    10/13/2025Price change$449,000-2.2%$128/sqft
    Source: NYSAMLSs #B1624629 Report a problem
    9/10/2025Price change$459,000-2.1%$131/sqft
    Source: NYSAMLSs #B1624629 Report a problem
    7/22/2025Listed for sale$469,000+17.3%$134/sqft
    Source: NYSAMLSs #B1624629 Report a problem
    5/23/2024Listing removed--
    Source: NYSAMLSs #B1530287 Report a problem
    4/8/2024Listed for rent$950
    Source: NYSAMLSs #B1530287 Report a problem
    7/7/2022Sold$400,000+2.6%$114/sqft
    Source: NYSAMLSs #B1379633 Report a problem
    4/20/2022Pending sale$389,999$111/sqft
    Source: NYSAMLSs #B1379633 Report a problem
    4/6/2022Listed for sale$389,999$111/sqft
    Source: NYSAMLSs #B1379633 Report a problem
    12/4/2021Pending sale$389,999$111/sqft
    Source: NYSAMLSs #B1379633 Report a problem
    11/25/2021Listed for sale$389,999+30%$111/sqft
    Source: NYSAMLSs #B1379633 Report a problem
    6/14/2016Sold$300,000+100%$86/sqft
    Source: Public Record Report a problem
    6/23/2006Sold$150,000+130.4%$43/sqft
    Source: Public Record Report a problem
    2/29/1996Sold$65,100$19/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $328,900 +21.8%
    2024-- $270,000
    2023-- $270,000
    2022-- $270,000
    2021-- $270,000
    2020-- $270,000 +110.9%
    2019-- $128,000
    2018-- $128,000
    2017$4,430 +481.8%$128,000
    2016$761 $128,000
    2015-- $128,000
    2014-- $128,000
    2013-- $128,000
    2012-- $128,000
    2011-- $128,000
    2010-- $128,000
    2009-- $128,000
    2008-- $128,000 +17.4%
    2007-- $109,000
    2006-- $109,000 +55.7%
    2005-- $70,000
    2004-- $70,000
    2003-- $70,000
    2002-- $70,000
    2001-- $70,000
    2000-- $70,000
    Find assessor info on the county website

    Neighborhood: Forest

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Buffalo

    Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.