$8,311

closing credit¹

340 Elmwood Ave Buffalo, NY 14222

$699,900
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

IDXThe 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: 2/6/2025, 10:20:51 PM 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

victorian home with a front lawn and covered porch

$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

DateEventPrice
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

YearAssessmentProperty 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $31,308. The majority of Buffalo, NY residents have income less than $<35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

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)Major League Soccer (MLS)
  • Music ConcertsMusic Concerts
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Banana RepublicBanana Republic
  • H&MH&M
  • IKEAIKEA

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • ChipotleChipotle
  • QuiznosQuiznos

What do the neighbors drive?

  • ToyotaToyota
  • VolkswagenVolkswagen
  • LexusLexus

What do the neighbors listen to?

  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Soft Adult ContemporarySoft Adult Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

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.

Buffalo, NY housing market in January 2025 saw over 188 listings sold above listed price, more than 28 sold at listed price and over 120 sold below. Between December and January 2025, Buffalo, NY real estate market has seen decrease in the number of listings by 24.1%. In January 2025 median list price was $239,999 and the average listing age was 23 days.

From Rocket Homes Real Estate and based on county public records data.

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