#B1587076, Thejan Kodituwakku, Listing Office: Keller Williams Realty WNY
234 University Ave Tonawanda-Town, NY 14223
Property details
About 234 University Ave
Incredible Investment Opportunity in the Town of Tonawanda! Welcome to 234 University, a fully leased 4-unit property offering both immediate cash flow and long-term value. This well-maintained multi-family home features spacious units, strong rental history, and excellent curb appeal. Situated on a quiet residential street, the property includes a large concrete driveway and parking area—providing ample off-street parking for tenants—as well as a rare 4-car detached garage for additional rental income or storage. Whether you're an experienced investor or just getting started, this is a turnkey opportunity in a desirable location close to shopping, dining, and major commuter routes. Don’t miss your chance to own a solid income-producing asset in the heart of Tonawanda! Open House: Saturday, April 12th from 12PM-3PM.
Highlights
Summary
- MLS Number: B1589693
- MLS Name: NYS
- Office Name: 716 Realty Group WNY LLC
- Office Phone: (716) 628-5803
- Listing Agent: Michael Cipolla
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Last updated on: 4/9/2025, 5:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$405,000
234 University Ave
$4,809
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
5
Windermere Blvd School
Public District PK-5
0.7 mi
•291 Windermere Blvd
4
Franklin Elementary School
Public District KG-4
1.0 mi
•500 Parkhurst Blvd
5
North Park Community School #50
Public District PK-2
1.1 mi
•780 Parkside Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $49,919. The majority of Tonawanda-Town, NY residents have income between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
Similar homes for sale
This home is located at 234 University Ave in Tonawanda-Town, NY and zip code 14223. This 4,058 square foot home, which was built in 1920, sits on a 0.18 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 2, 2025 and is currently priced at $405,000.
In March 2025 more than 132 listings in Tonawanda-Town, NY were sold above the asking price. During the same period more than 14 listings were sold at asking price, while more than 101 were sold below. The inventory of homes for sale in Tonawanda-Town, NY between February and March 2025 decreased by 3.2%. In March 2025, listings were on the market for 32 days. During the same period, the median list price in this real estate market was $240,162.