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  • $159,000

    81 Aldrich Pl, Buffalo, NY 14220

    5beds
    2,016sqft
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    Multi Family
    Built in 1901
    -- sqft lot
    $-- Zestimate®
    $79/sqft
    $-- HOA

    What's special

    First-floor laundryYard spaceSeparate entrancesBig backyard
    81 Aldrich Place, Buffalo, NY 14220 South Buffalo 2-Family Cash Flow Opportunity – Upper 2-Bed+1study+utility room Unit Vacant & Ready to Rent. Located on a quiet, well-maintained street in desirable South Park / South Buffalo, this classic 2-unit multifamily (approx. 2,016 sq ft total) offers immediate income upside with the upper 2-bedroom unit currently vacant. The lower unit is a spacious 3-bedroom with updates including kitchen, bath, and first-floor laundry, plus a large living room and big backyard. Key Investment Highlights:Strong Rental Demand: South Buffalo continues to see steady rental growth with median rents around $1,250–$1,300/month in the neighborhood. A well-presented upper 2-bed can realistically target $1,000–$1,300/month, while the lower 3-bed supports similar or higher pricing, delivering potential gross rents of $2,200–$2,600+/month once stabilized. Immediate Cash Flow Potential: Vacant upper unit means you can lease it quickly and start collecting rent right away — perfect for investors seeking low vacancy and fast ROI. Affordable Entry + Appreciation: South Buffalo remains one of Buffalo’s most accessible neighborhoods for investors, with solid long-term value growth driven by community strength, proximity to parks, South Park Avenue amenities, and the city’s broader revitalization. Buffalo’s rental market stays resilient with consistent demand from local workers, families, and newcomers. Low-Maintenance Character Home: Built in 1901 with classic Buffalo double features — separate entrances, yard space, and room for cosmetic/value-add updates that can boost rents and equity quickly. Whether you’re looking for a house hack, portfolio addition, or strong cash-flowing asset with sweat-equity upside, 81 Aldrich Place delivers a low-barrier entry into a proven Buffalo rental market. Quiet street, established neighborhood, and one unit ready to occupy = reduced holding costs and quicker stabilization.
    46 days
    |
    454
    |
    18
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    Zillow last checked:

    Listing updated:

    Listed by:

    Blue Eagle Realty Corp. 716-536-1787,

    Alan Findlay 716-436-1296

    Source: NYSAMLSs,MLS#: B1682056MLS 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
      • Flooring: Laminate, Varies
      • Basement: Full
      • Has fireplace: No
      Interior area
      • Total structure area: 2,016
      • Total interior livable area: 2,016 sqft

      Property

      Parking
      • Parking features: No Driveway
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 3,711 Square Feet
      • Dimensions: 29 x 128
      • Features: Rectangular, Rectangular Lot, Residential Lot
      Details
      • Parcel number: 1402001337900004023000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Vinyl Siding
      Condition
      • Resale
      • Year built: 1901

      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: $79/sqft
      • Tax assessed value: $84,000
      • Annual tax amount: $2,926
      • Date on market: 5/30/2026
      • Listing terms: Cash,Private Financing Available,Rehab Financing

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/30/2026Listed for sale$159,000+354.3%$79/sqft
        Source: NYSAMLSs #B1682056 Report a problem
        4/29/2025Listing removed$1,200$1/sqft
        Source: Zillow Rentals Report a problem
        4/24/2025Listed for rent$1,200+84.6%$1/sqft
        Source: Zillow Rentals Report a problem
        4/15/2014Listing removed$650
        Source: Teal Realty Management Solutions LLC Report a problem
        4/6/2014Listed for rent$650
        Source: Teal Realty Management Solutions LLC Report a problem
        9/27/2013Sold$35,000-12.3%$17/sqft
        Source: NYSAMLSs #B430407 Report a problem
        7/11/2013Price change$39,900-20%$20/sqft
        Source: WNY METRO ROBERTS REALTY #B430407 Report a problem
        5/22/2013Listed for sale$49,900+24.8%$25/sqft
        Source: WNY METRO ROBERTS REALTY #B430407 Report a problem
        7/15/2011Sold$40,000-24.5%$20/sqft
        Source: Public Record Report a problem
        9/15/2010Listing removed$52,999$26/sqft
        Source: WNY Star Realty #B357657 Report a problem
        6/12/2010Listed for sale$52,999+103.8%$26/sqft
        Source: WNY Star Realty #B357657 Report a problem
        7/28/2008Sold$26,000-18.8%$13/sqft
        Source: Public Record Report a problem
        4/22/2008Listed for sale$32,000-8.8%$16/sqft
        Source: Listhub #308320 Report a problem
        2/19/2008Listing removed$35,100$17/sqft
        Source: Realty USA #289097 Report a problem
        1/4/2008Price change$35,100-5.1%$17/sqft
        Source: Realty USA #289097 Report a problem
        12/10/2007Listed for sale$37,000-15.2%$18/sqft
        Source: Realty USA #289097 Report a problem
        6/19/2007Sold$43,614$22/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $218,000 +159.5%
        2024-- $84,000
        2023-- $84,000
        2022-- $84,000
        2021-- $84,000
        2020-- $84,000 +72.5%
        2019-- $48,700
        2018-- $48,700
        2017$1,241 +328.4%$48,700
        2016$290 $48,700
        2015-- $48,700
        2014-- $48,700
        2013-- $48,700
        2012-- $48,700
        2011-- $48,700
        2010-- $48,700
        2009-- $48,700
        2008-- $48,700
        2007-- $48,700
        2006-- $48,700
        2005-- $48,700
        2004-- $48,700
        2003-- $48,700
        2002-- $48,700
        2001-- $48,700 -21.3%
        2000-- $61,900
        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: South Park

        Getting around

        54 / 100
        Somewhat Walkable
        32 / 100
        Some Transit
        60 / 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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