$2,136 Closing Credit¹
#B1581945, Nicole Aldinger, Listing Office: HUNT Real Estate Corporation
$699,900 List price
340 Elmwood Ave Buffalo, NY 14222
$8,311
Closing credit¹
2 beds
4,970 sqft
0.2 acres
$141 / sqft
Multi-Family
Property details
About 340 Elmwood Ave
340 Elmwood Ave. is a versatile 1900’s Victorian mansion situated on a visible and easily accessible Elmwood Village thoroughfare! The asset enjoys strong occupancy and is comprised of both apartments and a rooming house setup, (which is fully licensed). This product type fills a demanding housing option for many home seekers with limited budgets and need requirements. The property offers some off-street parking, common laundry facilities. All utilities included! 340 Elmwood is in very close in proximity to downtown Buffalo, N.Y., the Canadian border and all major thruway arteries in and out of the city of buffalo and surrounding suburb locations. This is an excellent opportunity to utilize the property in the same format, or potentially setup as owner occupied use, or Bed and Breakfast services and/or or AIRBNB services. The property enjoys strong occupancy with both leases and month to month tenancy. Updated mechanicals and roof. several apartments come with appliances and the rooms have common and modern bathroom facilities n each floor that are professionally monitored and cleaned weekly! 340 Elmwood has direct access to public transportation and is close to the Medical coordinator and Buffalo CBD.
Highlights
Home typeMulti Family
HeatingNatural Gas, Hot Water
StatusActive
Size4,970 sqft
BasementYes
Lot size0.1561 Acres
Year built1900
ParkingThree or more Spaces, No Garage, Shared Driveway
MLS #B1583499
Summary
- MLS Number: B1583499
- MLS Name: NYS
- Office Name: Network One Realty
- Office Phone: (716) 874-3530
- Listing Agent: Michael F Battaglia
The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
harmless.
© 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 3/14/2025, 3:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$699,900
340 Elmwood Ave
$8,311
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 06, 2022 | Home Sold | $640,000 |
| May 12, 2016 | Home Sold | $325,000 |
| May 10, 2013 | Home Sold | $130,000 |
| Nov 20, 2006 | Home Sold | $30,001 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $325,000 | $1,688 |
| 2022 | $325,000 | $1,688 |
| 2021 | $325,000 | $3,845 |
| 2020 | $325,000 | $3,845 |
| 2019 | $100,000 | $3,718 |
| 2018 | $100,000 | $3,554 |
| 2017 | $100,000 | $3,346 |
History based on county public records data.
Nearby schools
3
Persistence Preparatory Academy Charter School
Public Charter KG-3
0.7 mi
•833 Michigan Ave
3
Reach Academy Charter School
Public Charter KG-4
0.7 mi
•115 Ash St
2
Martin Luther King Jr #48
Public District PK-4
1.4 mi
•487 High St
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 $31,308. Most Buffalo, NY residents have annual incomes less than $<35k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
55%
<35k
35%
35k-100k
9%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
75%
Single, No Kids
8%
Single, with Kids
12%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
4%
12-17 yrs old
37%
18-34 yrs old
42%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Music Concerts
Pro Boxing
Where do the neighbors shop?
Banana Republic
H&M
IKEA
Where do the neighbors go to eat?
Jack In The Box
Chipotle
Quiznos
What do the neighbors drive?
Toyota
Volkswagen
Lexus
What do the neighbors listen to?
Jazz
Rhythmic Contemporary Hits- Soft Adult Contemporary
All data provided by Home Junction and Claritas
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This home is located at 340 Elmwood Ave in Buffalo, NY and zip code 14201 in the Allen neighborhood. This 4,970 square foot home, which was built in 1900, sits on a 0.16 acre lot. Features: 2 bedrooms, 0 bathroom. It has been listed on Rocket Homes since January 13, 2025 and is currently priced at $699,900.
In February 2025 more than 100 listings in Buffalo, NY were sold above the asking price. During the same period more than 18 listings were sold at asking price, while more than 100 were sold below. In February 2025 in Buffalo, NY there were 20.7% less homes for sale than in January. In February 2025 median list price was $240,000 and the average listing age was 32 days.
From Rocket Homes Real Estate and based on county public records data.