$8,786 Closing Credit¹
#B1600928, Susan D Lenahan, Listing Office: MJ Peterson Real Estate Inc.
$799,000 List price
547 Potomac Ave Buffalo, NY 14222
$9,488
Closing credit¹
5 beds
5,838 sqft
0.2 acres
$137 / sqft
House
Property details
About 547 Potomac Ave
Are you considering incorporating a long-term investment into your real estate portfolio? This recently updated apartment building located at 547 Potomac has distinguished character, charm, and a prime location just steps away from one of Buffalo's most sought-after walkable neighborhoods. The property has undergone significant enhancements in recent years, including renovated kitchens and bathrooms, a newer roof, driveway, multiple new windows, and more. Constructed in the late 1800s, the property features period moldings, separate electric meters, off-street parking, a full basement equipped with coin-operated laundry facilities, security cameras, and a mix of studio, one-bedroom, and two-bedroom apartments. Each apartment offers unique features that consistently attract interested applicants, ensuring minimal vacancies. Furthermore, each unit comes with a designated parking spot, providing added convenience. This promising investment opportunity is truly plug and play
Highlights
Home typeOther
HeatingNatural Gas, Forced Air
StatusActive
Size5,838 sqft
BasementYes
Lot size0.183 Acres
Year built1890
ParkingOne Space, No Garage
MLS #B1587109
Summary
- Appliances: Gas Water Heater, Refrigerator
- Basement: Yes
- Flooring Type: Carpet, Hardwood, Varies, Vinyl
- Total Bedroom Count: 5
- Parking: One Space, No Garage
- Exterior: Blacktop Driveway
- Heating: Natural Gas, Forced Air
- List Price: $799,000
- Price/SqFt: $136
- Annual Tax Amount: $2,364
- Tax Year: 2023
- Lot: Near Public Transit, Rectangular Lot
- Directions: Richmond to Potomac towards Elmwood
- Year Built: 1890
- Stories: 3
- Living Area: 5,838 SqFt
- Lot Size: 0.183 Acres
- MLS Number: B1587109
- MLS Name: NYS
- Office Name: Park Realty of WNY LLC
- Office Email: ToddVanderlip@gmail.com
- Listing Agent: Todd D Vanderlip
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: 5/28/2025, 12:20:28 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
$799,000
547 Potomac Ave
$9,488
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 09, 2019 | Home Sold | $600,000 |
| Mar 31, 2017 | Home Sold | $648,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $455,000 | $2,364 |
| 2022 | $455,000 | $2,364 |
| 2021 | $455,000 | $5,384 |
| 2020 | $455,000 | $5,384 |
| 2019 | $140,000 | $5,206 |
| 2018 | $140,000 | $4,976 |
| 2017 | $140,000 | $4,685 |
History based on county public records data.
Nearby schools
1
PS 17
Public District PK-4
1.0 mi
•1045 W Delavan Ave
7
PS 64 Frederick Law Olmsted
Public District PK-4
1.3 mi
•874 Amherst St
4
Elmwood Village Charter School Hertel
Public Charter KG-5
1.5 mi
•665 Hertel Ave
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 $69,531. Most Buffalo, NY residents have annual incomes between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
24%
<35k
49%
35k-100k
22%
100k-200k
5%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
70%
Single, No Kids
4%
Single, with Kids
17%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
7%
<11 yrs old
6%
12-17 yrs old
43%
18-34 yrs old
36%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Tennis
Live Theatre
Where do the neighbors shop?
H&M
Crate & Barrel
Bloomingdales
Where do the neighbors go to eat?
Chipotle
Starbucks
Boston Market
What do the neighbors drive?
Volkswagen
BMW
Mercedes
What do the neighbors listen to?
Rhythmic Contemporary Hits
News- Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 547 Potomac Ave
The listing price of 547 Potomac Ave property is $799,000.
The property 547 Potomac Ave is a house located in Buffalo, New York, 14222.
Active Listing: 547 Potomac Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 547 Potomac Ave are: PS 17 (GreatSchools Rating 1/10), PS 64 Frederick Law Olmsted (GreatSchools Rating 7/10), Elmwood Village Charter School Hertel (GreatSchools Rating 4/10), International School (GreatSchools Rating 3/10), West Buffalo Charter School (GreatSchools Rating 6/10), Native American Magnet (GreatSchools Rating 3/10), Lafayette International School (GreatSchools Rating 2/10), McKinley Vocational High School (GreatSchools Rating 1/10), Buffalo Academy for the Visual & Performing Arts (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $2,364 (source: MLS/based on county public records data).
The last sale was on January 9, 2019 for $600,000 (source: MLS/tax record).
The property at 547 Potomac Ave has 5 bedrooms and 0 bathroom.
The property 547 Potomac Ave is 5,838 SqFt (source: MLS/tax record).
The year of construction for 547 Potomac Ave is 1890.
This home is located at 547 Potomac Ave in Buffalo, NY and zip code 14222 in the Forest neighborhood. This 5,838 square foot home, which was built in 1890, sits on a 0.18 acre lot. Features: 5 bedrooms, 0 bathroom. It has been listed on Rocket Homes since February 5, 2025 and is currently priced at $799,000.
In April 2025, from all listings sold in Buffalo, NY there were more than 167 sold above asking price, over 78 sold below and more than 17 were sold right at the asked price. The number of homes for sale in Buffalo, NY increased by 1.1% between March and April 2025. The median list price of listings available in April 2025 was $240,219, while the average time on the real estate market was 26 days.
From Rocket Homes Real Estate and based on county public records data.