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  • Price cut: $5K (7/1)
    $134,900

    40 Ullman St, Buffalo, NY 14207

    5beds
    2,018sqft
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    Duplex, Multi Family
    Built in 1922
    -- sqft lot
    $-- Zestimate®
    $67/sqft
    $-- HOA

    What's special

    Formal dining roomAbundant cabinet spaceBright eat-in kitchenPlentiful cabinetry
    Attention investors! Opportunity knocks with this well-maintained, fully rented 2-unit property offering immediate income and reliable long-term tenants who would love to stay. Conveniently located close to shopping, restaurants, schools, and everyday amenities, this affordable investment is the perfect addition to your portfolio. The lower unit features 3 bedrooms and 1 full bath, along with a bright eat-in kitchen offering abundant cabinet space, a spacious living room, formal dining room, and a charming rocking chair-style front porch perfect for relaxing. The upper unit offers 2 bedrooms and 1 full bath, with one oversized bedroom created by combining two original bedrooms and the potential to easily convert back to a 3-bedroom layout if desired. This unit also features a bright eat-in kitchen with plentiful cabinetry, a large living room, and formal dining room. Additional highlights include updated circuit breaker boxes, separate utilities, separate laundry hookups in the full basement, and a partially finished attic offering valuable storage or future possibilities. Outside, the concrete driveway leads to an oversized 2-car detached garage currently utilized as a workshop and hangout space, providing added versatility and appeal. Whether you're expanding your investment portfolio or looking for an owner-occupancy opportunity down the road, this income-producing property offers strong rental history, excellent tenant retention, and outstanding value. Showings begin Wednesday, June 10th at 12:00 PM. Offers, if any, will be reviewed beginning Monday, June 15th at 12:00 PM.
    33 days
    |
    763
    |
    47
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    Zillow last checked:

    Listing updated:

    Listed by:

    Keller Williams Realty WNY 716-832-3300,

    Jennifer E Manz 716-984-7891

    Source: NYSAMLSs,MLS#: B1689248MLS LogoOriginating MLS: Buffalo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Gas, Forced Air
      Appliances
      • Included: Gas Water Heater
      Features
      • Ceiling Fan(s), Natural Woodwork
      • Flooring: Carpet, Varies, Vinyl
      • Basement: Full
      • Has fireplace: No
      Interior area
      • Total structure area: 2,018
      • Total interior livable area: 2,018 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Concrete, One Space
      • Garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Open, Porch
      • Exterior features: Fence
      • Fencing: Partial
      Lot
      • Size: 3,537 Square Feet
      • Dimensions: 30 x 117
      • Features: Rectangular, Rectangular Lot, Residential Lot
      Details
      • Parcel number: 1402000773300001013000
      • Special conditions: Standard
      • Other equipment: Satellite Dish

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Duplex
      • Property subtype: Duplex, Multi Family
      Materials
      • Composite Siding, Copper Plumbing
      • Roof: Shingle
      Condition
      • Resale
      • Year built: 1922

      Utilities & green energy

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

      Community & HOA

      Community
      • Subdivision: Jone
      Location
      • Region: Buffalo

      Financial & listing details

      • Price per square foot: $67/sqft
      • Tax assessed value: $164,000
      • Annual tax amount: $1,611
      • Date on market: 6/9/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,281/mo

        Price history

        DateEventPrice
        7/1/2026Price change$134,900-3.6%$67/sqft
        Source: NYSAMLSs #B1689248 Report a problem
        6/23/2026Price change$139,900-6.7%$69/sqft
        Source: NYSAMLSs #B1689248 Report a problem
        6/9/2026Listed for sale$150,000+304.3%$74/sqft
        Source: NYSAMLSs #B1689248 Report a problem
        2/22/2001Sold$37,100$18/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $164,000 +127.8%
        2024-- $72,000
        2023-- $72,000
        2022-- $72,000
        2021-- $72,000
        2020-- $72,000 +38.5%
        2019-- $52,000
        2018-- $52,000
        2017$1,009 +226.2%$52,000
        2016$309 $52,000
        2015-- $52,000
        2014-- $52,000
        2013-- $52,000
        2012-- $52,000
        2011-- $52,000
        2010-- $52,000 +5.5%
        2009-- $49,300
        2008-- $49,300
        2007-- $49,300
        2006-- $49,300
        2005-- $49,300
        2004-- $49,300
        2003-- $49,300
        2002-- $49,300
        2001-- $49,300 -31%
        2000-- $71,400
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Riverside Park

        Getting around

        63 / 100
        Somewhat Walkable
        44 / 100
        Some Transit
        57 / 100
        Bikeable

        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.

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