Tour
$4,986 Closing Credit¹
#B1601416, Aaron Schreiber, Listing office: HUNT Real Estate Corporation
$350,000 List price
348 Virginia St Buffalo, NY 14201
$4,156
Closing credit¹
6 beds
4 full
2,882 sqft
0.1 acres
$121 / sqft
Multi-Family
Property details
About 348 Virginia St
An amazing investment opportunity in highly-desirable Allentown! 348 Virginia is TWO, 2-Family homes on a single parcel, in an unbeatable and convenient location-ideal for an investor or owner-occupant. Each structure offers both upper & lower units. The front house includes a spacious lower 3-bed, with updated vinyl flooring and currently rented to a tenant of 5+ yrs at $950/m. The bright & cozy upper 1-bed has fresh paint, updated windows, flooring, kitchen, new refrigerator & is ready for its new owner or great tenant. Both units in the rear house are 1-bed apts that are mirror images of each other. The upper is a tenant of 5+ yrs at $700/m. The rear lower also has fresh paint, new flooring, updated cabinetry, renovated bathroom, new refrigerator & ready for its next resident. Both homes feature maintenance free vinyl siding, newer roofs ('15), w updated electrical systems, plumbing upgrades, & newer HWTs—all delivers peace of mind for the property’s new owner. Coveted off-street parking, w dedicated spaces for each unit as well as green space between the homes. Past gross annual income of $42,000, commanding an attractive cap-rate, priced to sell and WELL BELOW assessed value! Positioned in historic Allentown, the property sits just steps from the area’s shopping, restaurants, nightlife and a short walk to Day’s Park, Klienhan’s Music Hall, the Medical Corridor, and downtown. Don’t miss the rare chance to own this multi-unit property in a prime and desirable location! Please allow 24-48hr notice to view rented spaces. Open house Saturday, April 26th 11am-1pm.
Highlights
Home typeMulti Family
HeatingNatural Gas, Baseboard, Forced Air, Steam
StatusActive
CoolingCeiling Fan(s)
Size2,882 sqft
BasementYes
Lot size0.1482 Acres
Year built1870
ParkingConcrete, Parking Available, Two or More Spaces
MLS #B1601684
Summary
- Full Bathrooms: 4
- Appliances: Gas Water Heater
- Basement: Yes
- Flooring Type: Carpet, Hardwood, Laminate, Varies, Vinyl
- Interior: Ceiling Fan(s), Storage
- Total Bedroom Count: 6
- Parking: Concrete, Parking Available, Two or More Spaces
- Exterior: Fully Fenced, Fence
- Architectural Style: Fourplex
- Heating: Natural Gas, Baseboard, Forced Air, Steam
- Cooling: Ceiling Fan(s)
- List Price: $350,000
- Price/SqFt: $121
- Annual Tax Amount: $1,517
- Tax Year: 2023
- Lot: Pie Shaped Lot, Near Public Transit
- Year Built: 1870
- Living Area: 2,882 SqFt
- Lot Size: 0.1482 Acres
- MLS Number: B1601684
- MLS Name: NYS
- Office Name: Keller Williams Realty WNY
- Office Phone: (716) 913-5126
- Listing Agent: Luigi Rodo
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: 6/23/2025, 12:55:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$350,000
348 Virginia St
$4,156
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 30, 2020 | Home Sold | $275,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $292,000 | $1,517 |
| 2022 | $292,000 | $1,517 |
| 2021 | $292,000 | $2,194 |
| 2020 | $292,000 | $2,194 |
| 2019 | $80,000 | $2,093 |
| 2018 | $80,000 | $2,065 |
| 2017 | $80,000 | $1,947 |
History based on county public records data.
Nearby schools
3
Persistence Preparatory Academy Charter School
Public Charter KG-3
0.8 mi
•833 Michigan Ave
3
Reach Academy Charter School
Public Charter KG-4
0.8 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. Typical family type is single, no kids. The majority of residents in this area 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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Frequently asked questions
About 348 Virginia St
The listing price of 348 Virginia St property is $350,000.
The property 348 Virginia St is a multi located in Buffalo, New York, 14201.
Active Listing: 348 Virginia St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 348 Virginia St are: Persistence Preparatory Academy Charter School (GreatSchools Rating 3/10), Reach Academy Charter School (GreatSchools Rating 3/10), Martin Luther King Jr #48 (GreatSchools Rating 2/10), Herman Badillo Bilingual Academy (GreatSchools Rating 3/10), Elmwood Village Charter School Days Park (GreatSchools Rating 5/10), Waterfront Elementary School (GreatSchools Rating 4/10), Hutchinson Central Technical High School (GreatSchools Rating 6/10), Emerson School of Hospitality (GreatSchools Rating 2/10), Buffalo Academy of Science Charter School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $1,517 (source: MLS/based on county public records data).
The last sale was on December 30, 2020 for $275,000 (source: MLS/tax record).
The property 348 Virginia St is 2,882 SqFt (source: MLS/tax record).
The year of construction for 348 Virginia St is 1870.
This home is located at 348 Virginia St in Buffalo, NY and zip code 14201 in the Allen neighborhood. This 2,882 square foot home, which was built in 1870, sits on a 0.15 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 23, 2025 and is currently priced at $350,000.
In May 2025, from all listings sold in Buffalo, NY there were more than 205 sold above asking price, over 75 sold below and more than 25 were sold right at the asked price. Between April and May 2025, Buffalo, NY real estate market has seen increase in the number of listings by 0.7%. Listings spent 22 days on the market in May 2025, and had a median list price of $241,497 during the same period.
From Rocket Homes Real Estate and based on county public records data.