#B1623079, David Vari, Listing office: HUNT Real Estate Corporation
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
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
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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
Year | Assessment | Property 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.
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.
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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.