Redfin is joining Rocket

Discover how we're simplifying your journey home.

$520,000

373 Elmwood Ave Buffalo, NY 14222

4 beds
4,590 sqft
0.2 acres
$113 / sqft
House

Property details

About 373 Elmwood Ave

This is a prime investment opportunity in one of Buffalo’s most sought-after neighborhoods. Located just outside the vibrant Elmwood Village, this fully occupied five-unit property at 373 Elmwood Ave is perfectly positioned between some of the area’s best restaurants, nightlife, and the bustling Allentown district. The building features two 1 bedrooms, two 2 bedrooms, and 1 studio, which was most recently rented and new finishes. Throughout the property, you’ll find charming white kitchens, with two units showcasing decorative fireplaces and one unit offering a private balcony. The property includes a clean, well-maintained city basement with shared laundry facilities for tenant convenience. A large concrete lot behind the house provides ample off-street parking, a rare and valuable feature in this area. All units are currently leased, ensuring immediate rental income for the new owner. Public transit and downtown Buffalo are easily accessible, making it an attractive location for tenants. From an investment perspective, this property benefits from strong rental demand in a high-growth market with limited inventory and rising property values. It has been professionally managed and maintained to ensure a smooth ownership transition. We can provide a full history of rent, renovations and upkeep upon request. This is an ideal turnkey asset for investors or property managers seeking stable cash flow in one of Buffalo’s most dynamic neighborhoods. Don’t miss this rare chance to add a well-maintained, high-performing property to your portfolio. Contact us today for financials, rent roll, and to schedule a private tour.

Highlights

Home typeOther
HeatingNatural Gas, Hot Water
StatusActive
Size4,590 sqft
BasementYes
Lot size0.23 Acres
Year built1930
ParkingOne Space, No Garage
MLS #B1611639

Summary

  • Appliances: Dryer, Dishwasher, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Carpet, Hardwood, Laminate, Varies
  • Total Bedroom Count: 4
  • Parking: One Space, No Garage
  • Exterior: Concrete Driveway
  • Heating: Natural Gas, Hot Water
  • List Price: $520,000
  • Price/SqFt: $113
  • Annual Tax Amount: $1,870
  • Tax Year: 2023
  • Lot: Near Public Transit, Rectangular Lot
  • Year Built: 1930
  • Stories: 2
  • Living Area: 4,590 SqFt
  • Lot Size: 0.23 Acres
  • MLS Number: B1611639
  • MLS Name: NYS
  • Office Name: Carl P. Paladino
  • Office Phone: (716) 854-0060
  • Office Email: cpaladino@ellicottdevelopment.com
  • Listing Agent: Carl P Paladino

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: 7/30/2025, 3:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$360,000$1,870
2022$360,000$1,870
2021$360,000$7,691
2020$360,000$7,691
2019$200,000$7,437
2018$200,000$7,109
2017$200,000$6,693

History based on county public records data.

Nearby schools

3

Persistence Preparatory Academy Charter School

Public Charter KG-3

1.0 mi

833 Michigan Ave

3

Stanley Makowski Early Childhood Center

Public District PK-5

1.2 mi

1095 Jefferson Ave

3

Reach Academy Charter School

Public Charter KG-4

1.3 mi

115 Ash 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 $41,000. The most common annual income of people living in Buffalo, NY is less than $<35k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

47%
<35k
32%
35k-100k
12%
100k-200k
9%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

79%
Single, No Kids
4%
Single, with Kids
13%
Married, No Kids
4%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

7%
<11 yrs old
3%
12-17 yrs old
35%
18-34 yrs old
43%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Music ConcertsMusic Concerts
  • Live TheatreLive Theatre

Where do the neighbors shop?

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

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • ChipotleChipotle
  • Boston MarketBoston Market

What do the neighbors drive?

  • ToyotaToyota
  • VolkswagenVolkswagen
  • MercedesMercedes

What do the neighbors listen to?

  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • NewsNews
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 373 Elmwood Ave

The listing price of 373 Elmwood Ave property is $520,000.

The property 373 Elmwood Ave is a house located in Buffalo, New York, 14222.

Active Listing: 373 Elmwood Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 373 Elmwood Ave are: Persistence Preparatory Academy Charter School (GreatSchools Rating 3/10), Stanley Makowski Early Childhood Center (GreatSchools Rating 3/10), Reach Academy Charter School (GreatSchools Rating 3/10), Frank a Sedita School #30 (GreatSchools Rating 2/10), Elmwood Village Charter School Days Park (GreatSchools Rating 5/10), D'Youville-Porter Campus (GreatSchools Rating 2/10), International Preparatory School at Grover Cleveland (GreatSchools Rating 2/10), Health Sciences Charter School (GreatSchools Rating 4/10), Leonardo Da Vinci High School (GreatSchools Rating 6/10).

According to the records, the last property tax for 2023 is $1,870 (source: MLS/based on county public records data).

The property at 373 Elmwood Ave has 4 bedrooms and 0 bathroom.

The property 373 Elmwood Ave is 4,590 SqFt (source: MLS/tax record).

The year of construction for 373 Elmwood Ave is 1930.

This home is located at 373 Elmwood Ave in Buffalo, NY and zip code 14222 in the Bryant neighborhood. This 4,590 square foot home, which was built in 1930, sits on a 0.23 acre lot. Features: 4 bedrooms, 0 bathroom. It has been listed on Rocket Homes since June 12, 2025 and is currently priced at $520,000.

In June 2025, from all listings sold in Buffalo, NY there were more than 221 sold above asking price, over 72 sold below and more than 28 were sold right at the asked price. The number of listings in Buffalo, NY decreased by 0.8% between May and June 2025. While the average time on the market in June 2025 was 17 days, the median list price was $244,420.

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

More resources