Prime location meets strong investment potential in this fully renovated 6-unit residential rental property. Situated just steps from Buffalo’s vibrant Elmwood Village and within close proximity to Buffalo State University, the Albright Knox Art Museum (AKG), Burchfield Penney Art Center, and Buffalo Historical Museum. Completely renovated in 2014, the Forest Avenue Lofts offers a desirable blend of updated finishes and long-term rental stability. Improvements include updated kitchens and baths, plumbing, electrical, windows, and roof, providing peace of mind for ownership and continued appeal to tenants. The property features four spacious 2-bedroom apartments and two 3-bedroom apartments, offering a versatile unit mix attractive to a broad range of renters. Shared laundry adds convenience for residents. The property has been continuously occupied by long-term tenants, providing an established rental history and a strong foundation for an investor seeking a well-maintained, income-producing asset. With its exceptional location, substantial 2014 renovations, desirable unit mix, and proximity to some of Buffalo’s most prominent cultural, educational, and neighborhood amenities, this is an excellent opportunity to acquire a stabilized 6-unit residential investment in one of the city’s most sought-after areas.
Active
$629,000
423 Forest Ave, Buffalo, NY 14213
6beds
0baths
6,498sqft
Multi Family
Built in 1910
-- sqft lot
$-- Zestimate®
$97/sqft
$-- HOA
What's special
Updated kitchens and bathsShared laundry adds convenience
- 18 days
- 295
- 18
Zillow last checked:
Listing updated:
Listed by:
Howard Hanna WNY Inc. 716-634-4200,
Michael J Hartke Jr 716-713-5045
Source: NYSAMLSs,MLS#: B1714370
Originating MLS: Buffalo
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 0
Heating
- Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Gas Oven, Gas Range, Gas Water Heater, Refrigerator
- Laundry: Coin-operated
Features
- Flooring: Ceramic Tile, Hardwood, Varies
- Basement: Partial
- Has fireplace: No
Interior area
- Total structure area: 6,498
- Total interior livable area: 6,498 sqft
Property
Parking
- Parking features: None, No Driveway, No Garage
Features
- Stories: 3
- Patio & porch: Deck
- Exterior features: Deck
Lot
- Size: 3,950 Square Feet
- Dimensions: 39 x 100
- Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Details
- Parcel number: 1402000886800005002000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Vinyl Siding
- Roof: Flat,Membrane,Rubber
Condition
- Resale
- Year built: 1910
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Features: Laundry Facilities
- Security: Fire Escape
- Subdivision: Buffalo
Location
- Region: Buffalo
Financial & listing details
- Price per square foot: $97/sqft
- Tax assessed value: $584,800
- Annual tax amount: $10,377
- Date on market: 9/18/2026
- Listing terms: Cash
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/18/2026 | Listed for sale | $629,000$97/sqft |
Source: | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/18/2017 | Listing removed | $1,100 |
Source: Owner Report a problem | ||
| 5/11/2017 | Listed for rent | $1,100 |
Source: Owner Report a problem | ||
Public tax history
Tax history is unavailable.
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Forest
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.








