531 S Park Avenue, Buffalo, NY 14204

Buffalo
Local realty services provided by:ERA Team VP Real Estate
531 S Park Avenue,Buffalo, NY 14204
$159,000
  • 6 Beds
  • 2 Baths
  • 2,982 sq. ft.
  • Multi-family
  • Active
Listed by: alan findlay
Office: blue eagle realty corp.
MLS#:B1683191
Source:NY_GENRIS

Price summary

  • Price:$159,000
  • Price per sq. ft.:$53.32

About this home

531 South Park Avenue, Buffalo, NY 14204 Competitively priced value add This is a classic two-family duplex (upper/lower) built in 1910 in Buffalo's First Ward neighborhood along South Park Avenue. The property offers a hefty 2,982 sq ft of living space on a 6,300 sq ft lot (0.14 acres), with separate utilities (boilers) typical for these older multi-family homes. Key highlights for investors:Upper unit is currently tenanted for $1200 per month— providing immediate rental income and cash flow from day one. Lower unit requires rehab — offering strong value-add potential through cosmetic and mechanical updates to bring it to market rents. Solid bones in a location near South Park, with access to Buffalo's revitalizing areas, public transit, and amenities. The neighborhood shows ongoing interest from investors in multi-family properties. Low property taxes (recent assessment around $140,000 total, with taxes historically modest at a few hundred dollars annually). This...

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Home facts

  • Year built:1910
  • Listing ID #:B1683191
  • Added:1 day(s) ago
  • Updated:May 20, 2026 at 04:48 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Laminate, Varies
  • Basement:Yes
  • Basement Description:Full
  • Living area:2,982 sq. ft.

Heating and cooling

  • Heating:Electric

Structure and exterior

  • Year built:1910
  • Building area:2,982 sq. ft.
  • Lot area:0.15 Acres
  • Lot Features:Rectangular, Residential Lot
  • Construction Materials:Vinyl Siding
  • Levels:2 Stories

Utilities

  • Water:Connected, Public, Water Connected
  • Sewer:Connected, Sewer Connected

Finances and disclosures

  • Price:$159,000
  • Price per sq. ft.:$53.32
  • Tax amount:$1,879

Parking

  • Garage:Yes
  • Garage spaces:2

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