Nine bedrooms, two spacious apartments, and a property ready to earn its keep. Whether you’re looking to live in one unit while collecting rent from the other or put both to work as an investment, this substantial Buffalo two-family offers a combination of space and income potential that’s hard to find. The lower apartment features five bedrooms, while the upper offers four, all spacious, legal bedrooms approved by the City of Buffalo. How often do you find that much room in a single apartment, let alone two under one roof?
With potential rental income approaching $4,000 per month, low City of Buffalo taxes, and a projected cap rate exceeding 12%, depending on actual income and expenses, this property gives buyers plenty to get excited about. A new driveway adds convenience, generous attic and basement storage keeps the living spaces free of clutter, and a full bathroom in the basement adds another practical bonus.
Close to the University at Buffalo, Main Street, and everyday amenities, the location strengthens an already compelling opportunity. For an owner occupant, imagine having rental income help carry your housing costs. For an investor, imagine two unusually spacious apartments working toward one impressive monthly return. Big on bedrooms, strong on potential, and ready for its next chapter, this is a property built to pull its weight.
Active
$259,000
97 Merrimac St, Buffalo, NY 14214
9beds
2,250sqft
Duplex, Multi Family
Built in 1920
-- sqft lot
$257,700 Zestimate®
$115/sqft
$-- HOA
What's special
Two spacious apartmentsNew driveway adds convenienceNine bedrooms
- 18 days
- 558
- 45
Zillow last checked:
Listing updated:
Listed by:
Keller Williams Realty WNY 716-832-3300,
Thejan Kodituwakku 716-292-8756
Source: NYSAMLSs,MLS#: B1718331
Originating MLS: Buffalo
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Gas, Forced Air
Appliances
- Included: Gas Water Heater
Features
- Flooring: Carpet, Hardwood, Tile, Varies
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,250
- Total interior livable area: 2,250 sqft
Property
Parking
- Parking features: Paved, Two or More Spaces
Features
- Levels: Two
- Stories: 2
- Patio & porch: Balcony
- Exterior features: Balcony
- Waterfront features: Boat Ramp/Lift Access
Lot
- Size: 3,449 Square Feet
- Dimensions: 30 x 115
- Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Details
- Parcel number: 1402000794600006025000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex, Multi Family
Materials
- Vinyl Siding
- Foundation: Stone
- Roof: Asphalt
Condition
- Resale
- Year built: 1920
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: $115/sqft
- Tax assessed value: $224,000
- Annual tax amount: $2,445
- Date on market: 10/1/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
$257,700
$245,000 - $271,000
$1,819/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2026 | Listed for sale | $259,000+194.3%$115/sqft |
Source: | ||
| 5/19/2011 | Sold | $88,000-2.2%$39/sqft |
Source: Public Record Report a problem | ||
| 4/7/2011 | Listed for sale | $90,000+35.3%$40/sqft |
Source: Realty USA #B382837 Report a problem | ||
| 2/8/1999 | Sold | $66,500$30/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $224,000 +86.7% |
| 2024 | -- | $120,000 |
| 2023 | -- | $120,000 |
| 2022 | -- | $120,000 |
| 2021 | -- | $120,000 |
| 2020 | -- | $120,000 +94.2% |
| 2019 | -- | $61,800 |
| 2018 | -- | $61,800 |
| 2017 | $1,575 +328.4% | $61,800 |
| 2016 | $368 | $61,800 |
| 2015 | -- | $61,800 |
| 2014 | -- | $61,800 |
| 2013 | -- | $61,800 |
| 2012 | -- | $61,800 |
| 2011 | -- | $61,800 |
| 2010 | -- | $61,800 |
| 2009 | -- | $61,800 |
| 2008 | -- | $61,800 |
| 2007 | -- | $61,800 |
| 2006 | -- | $61,800 |
| 2005 | -- | $61,800 |
| 2004 | -- | $61,800 |
| 2003 | -- | $61,800 |
| 2002 | -- | $61,800 |
| 2001 | -- | $61,800 -0.3% |
| 2000 | -- | $62,000 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: University
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.








