West Side investment gem with three good rents, accompanied by hard working tenants. This four unit property offers the kind of combination investors look for: income already in place, a value-add opportunity, and a location that puts you in the middle of some of Buffalo’s most desirable neighborhoods.
Three apartments are currently rented, providing immediate rental income, while the fourth unit is vacant and ready for renovation giving the next owner an opportunity to improve the unit and potentially increase the property’s overall income.
Location is a major part of the value here. Just steps from Elmwood Village and the Allentown District, this property puts tenants within easy reach of some of Buffalo’s best restaurants, coffee shops, bars, boutiques, entertainment, parks, and neighborhood amenities. That proximity helps make the property attractive to renters who want the lifestyle and walkability of Elmwood and Allentown without paying the premium associated with being directly in those neighborhoods.
For an investor, that means three existing income streams today, an opportunity to create additional value tomorrow, and a location that continues to benefit from the demand surrounding two of Buffalo’s most established urban neighborhoods. Whether you're looking to expand your portfolio or take on your next value-add project, this property deserves a look.
Active
Price cut: $16K (10/13)
$259,000
116 Herkimer St, Buffalo, NY 14213
6beds
3,699sqft
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$70/sqft
$-- HOA
What's special
- 17 days
- 420
- 41
Zillow last checked:
Listing updated:
Listed by:
Main Woods Real Estate 716-348-9676,
Daniel Demont 716-374-0929
Source: NYSAMLSs,MLS#: B1717334
Originating MLS: Buffalo
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Gas, Forced Air
Appliances
- Included: Gas Water Heater
- Laundry: Washer Hookup
Features
- Attic
- Flooring: Hardwood, Tile, Varies
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 3,699
- Total interior livable area: 3,699 sqft
Property
Parking
- Parking features: No Driveway
Features
- Stories: 3
Lot
- Size: 4,499 Square Feet
- Dimensions: 30 x 150
- Features: Other, Rectangular, Rectangular Lot, See Remarks
Details
- Parcel number: 1402000993400005017000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Composite Siding, Wood Siding
- Roof: Asphalt
Condition
- Resale
- Year built: 1900
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Location
- Region: Buffalo
Financial & listing details
- Price per square foot: $70/sqft
- Tax assessed value: $331,500
- Annual tax amount: $5,230
- Date on market: 10/1/2026
- Listing terms: Cash,Conventional,Rehab Financing
Estimated market value
Not available
Estimated sales range
Not available
$1,578/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/13/2026 | Price change | $259,000-5.8%$70/sqft |
Source: | ||
| 10/1/2026 | Listed for sale | $275,000$74/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: Grant Ferry
Nearby schools
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.








