Prime Multifamily Investment Opportunity in Buffalo, NY!
Welcome to 348 Virginia Street, a well-maintained 4-unit multifamily property ideally situated on Buffalo’s vibrant West Side, just minutes from Downtown Buffalo and the waterfront. The building features a strong unit mix with three 1-bedroom apartments and one spacious 3-bedroom unit, appealing to a broad tenant base.
This property offers consistent rental income with potential for increased returns through future rent adjustments or light value-add improvements. Functional layouts, separate living spaces, and a highly convenient location contribute to long-term tenant demand.
Enjoy close proximity to local shops, restaurants, parks, public transportation, and major commuter routes, making 348 Virginia St an excellent opportunity for investors seeking stable cash flow and upside potential in a desirable West Side neighborhood.
Additional opportunity: 308 and 318 Virginia Street may also be purchased together as a portfolio.
Closed
$328,000
348 Virginia St, Buffalo, NY 14201
6beds
2,882sqft
Multi Family
Built in 1870
-- sqft lot
$-- Zestimate®
$114/sqft
$1,383 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,383/mo
Zestimate® history
Owner options
List your home for rent
$1,383/mo
Rent Zestimate®
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$1,383/mo
Rent Zestimate®
Refinance and save
$2,248/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$2,248/mo
Est. payment
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List your homeWhat's special
Functional layoutsSeparate living spaces
Zillow last checked:
Listing updated:
Listed by:
Nicholas Corto 716-854-5943,
HUNT Commercial Real Estate Corp. of Buffalo New York
Bought with:
Lauren Melber, 10301211494
Chubb-Aubrey Leonard Real Estate
Source: NYSAMLSs,MLS#: B1650720
Originating MLS: Buffalo
Originating MLS: BuffaloFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Gas, Forced Air
Appliances
- Included: Gas Water Heater
Features
- Flooring: Ceramic Tile, Hardwood, Laminate, Tile, Varies
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,882
- Total interior livable area: 2,882 sqft
Property
Parking
- Parking features: No Driveway
Lot
- Size: 6,455 sqft
- Dimensions: 57 x 102
- Features: Rectangular, Rectangular Lot, Residential Lot
Details
- Parcel number: 1402001112100007027100
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Composite Siding, Other
Condition
- Resale
- Year built: 1870
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Buffalo
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 5/13/2026 | Listing removed | $950 |
Source: Zillow Rentals Report a problem | ||
| 4/30/2026 | Sold | $328,000-6.3%$114/sqft |
Source:  NYSAMLSs #B1650720 Report a problem | ||
| 4/29/2026 | Listed for rent | $950+46.2% |
Source: Zillow Rentals Report a problem | ||
| 3/11/2026 | Pending sale | $350,000$121/sqft |
Source: NYSAMLSs #B1650720 Report a problem | ||
| 11/14/2025 | Listed for sale | $350,000$121/sqft |
Source: NYSAMLSs #B1650720 Report a problem | ||
| 6/25/2025 | Listing removed | $350,000$121/sqft |
Source: NYSAMLSs #B1601684 Report a problem | ||
| 4/23/2025 | Listed for sale | $350,000-4.1%$121/sqft |
Source: NYSAMLSs #B1601684 Report a problem | ||
| 4/16/2025 | Listing removed | $364,900$127/sqft |
Source: NYSAMLSs #B1570075 Report a problem | ||
| 3/10/2025 | Price change | $364,900-1.4%$127/sqft |
Source: NYSAMLSs #B1570075 Report a problem | ||
| 2/17/2025 | Listed for sale | $369,900+886.4%$128/sqft |
Source: NYSAMLSs #B1570075 Report a problem | ||
| 2/13/2025 | Sold | $37,500-90.4%$13/sqft |
Source: Public Record Report a problem | ||
| 1/20/2025 | Price change | $389,900-1.3%$135/sqft |
Source: NYSAMLSs #B1570075 Report a problem | ||
| 12/16/2024 | Price change | $394,900-1.3%$137/sqft |
Source: NYSAMLSs #B1570075 Report a problem | ||
| 11/19/2024 | Price change | $399,900-5.9%$139/sqft |
Source: NYSAMLSs #B1570075 Report a problem | ||
| 10/4/2024 | Listed for sale | $425,000+54.5%$147/sqft |
Source: NYSAMLSs #B1570075 Report a problem | ||
| 12/30/2020 | Sold | $275,000$95/sqft |
Source: NYSAMLSs #B1283677 Report a problem | ||
| 8/10/2020 | Pending sale | $275,000$95/sqft |
Source: HUNT Real Estate #B1283677 Report a problem | ||
| 8/3/2020 | Listed for sale | $275,000$95/sqft |
Source: Hunt Real Estate ERA #B1283677 Report a problem | ||
| 11/14/2019 | Listing removed | $650 |
Source: Zillow Rental Manager Report a problem | ||
| 11/6/2019 | Listed for rent | $650 |
Source: Zillow Rental Manager Report a problem | ||
| 7/25/2018 | Listing removed | $650 |
Source: Zillow Rental Network Report a problem | ||
| 7/23/2018 | Listed for rent | $650 |
Source: Zillow Rental Network Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $309,000 +5.8% |
| 2024 | -- | $292,000 |
| 2023 | -- | $292,000 |
| 2022 | -- | $292,000 |
| 2021 | -- | $292,000 |
| 2020 | -- | $292,000 +265% |
| 2019 | -- | $80,000 |
| 2018 | -- | $80,000 |
| 2017 | $2,039 +328.4% | $80,000 |
| 2016 | $476 | $80,000 |
| 2015 | -- | $80,000 |
| 2014 | -- | $80,000 |
| 2013 | -- | $80,000 |
| 2012 | -- | $80,000 |
| 2011 | -- | $80,000 |
| 2010 | -- | $80,000 |
| 2009 | -- | $80,000 +14.3% |
| 2008 | -- | $70,000 -10.9% |
| 2007 | -- | $78,600 +12.3% |
| 2006 | -- | $70,000 +47.7% |
| 2004 | -- | $47,400 |
| 2003 | -- | $47,400 |
| 2002 | -- | $47,400 |
| 2001 | -- | $47,400 -39.5% |
| 2000 | -- | $78,300 |
Find assessor info on the county website
Neighborhood: Allen
Nearby schools
GreatSchools rating
- 2/10Herman Badillo Community SchoolGrades: PK-8Distance: 0.2 mi
- 5/10Hutchinson Central Technical High SchoolGrades: 9-12Distance: 0.3 mi
- 2/10International Preparatory School At Grover ClevelaGrades: 9-12Distance: 0.6 mi
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.
- New York
- Erie County
- Buffalo
- 14201
- Allen
- 348 Virginia St
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