Welcome to the Elwmood village! This charming 3 unit property is perfect for the savvy investor or owner occupant. Premiere location on Elmwood ave near Bidwell Park, plenty of restaraunts, shops and minutes from downtown Buffalo makes this property a hot spot for short and long term rental opperunities. New owner will have their choice of which unit to move into, rent or set up as a successful air bnb. New high efficiency 150 BTU boiler, tear off roof 2016, new staircase to 2nd fl, many replacement windows, glass block in the basement- all around solid and well maintained. Outdoor amenities include parking pad and fully fenced backyard. Sqaure footage confirmed by appraiser. Previously approved by city for commercial use for further possibilties.
Multi-familyProperty Type
1900Year Built
3,990 sq ftLot Size
$176Est. Price/Sq.Ft.
2 spacesParking
Listing by Cassandra Whitney• MJ Peterson Real Estate Inc.
•716-819-4200 (broker)
•pstanchak@mjpeterson.com (broker)
Contact: 716-536-2101
Bought with Pieter Louw• HUNT Real Estate Corporation
Listing by Keller Williams Realty WNY, (716) 832-3300
See all
Sale history for 1049 Elmwood Ave
Date
Event
Price
WNYREIS #B1518764
Apr 5, 2024
Sold
$500,000
$164/sq ft
Feb 11, 2024
Pending
—
Jan 30, 2024
Listed
$499,000
$164/sq ft
WNYREIS #B1437988
Nov 29, 2022
Listing Removed
—
Oct 10, 2022
Listed
$504,900
$166/sq ft
WNYREIS #B1255091
Oct 28, 2020
Sold
$330,000
$108/sq ft
Sep 2, 2020
Pending
—
Mar 14, 2020
Contingent
—
Mar 4, 2020
Listed
$349,900
$115/sq ft
Investment property for sale. Located in Historic Elmwood village district on Elmwood Avenue near Bird Avenue. Within walking distance of many shops, restaurants, universities and downtown. 3 story building-1st floor has 3 bedrooms, 2nd floor has 4 bedrooms; 3rd floor has 2 bedrooms. Fully occupied with off street parking. Loads of updates and capital improvements that include total tear off roof, high efficiency boiler; rehabilitated apartments with newer kitchens, exterior paint, all new replacement windows, glass block windows in basement with separate electric services and 2 water tanks. All appliances included-totally turn key investment. Seller had inquired about a 1000 sf retail addition that was approved by the city. Also listed as commercial MLS #B1255084
WNYREIS #B1221080
Feb 25, 2020
Listing Removed
—
Jan 28, 2020
Price Changed
$359,000
$118/sq ft
Oct 29, 2019
Price Changed
$374,000
$123/sq ft
Oct 10, 2019
Price Changed
$389,000
$128/sq ft
Aug 26, 2019
Listed
$399,000
$131/sq ft
WNYREIS #B393113
Nov 1, 2011
Sold
$172,450
$57/sq ft
Aug 23, 2011
Listed
$179,900
$59/sq ft
Public Records
Dec 23, 2008
Sold
$165,000
$54/sq ft
Public Records
May 23, 1994
Sold
$60,000
$20/sq ft
Public Records
Jul 30, 1993
Sold
$81,000
$27/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,648 (+1.7%)
$96,000 + $403,000
$499,000
2024
$1,620 (+10.6%)
$112,000 + $177,000
$289,000
2023
$1,464 (−2.5%)
$112,000 + $177,000
$289,000
2022
$1,502 (+3.4%)
$112,000 + $177,000
$289,000
2021
$1,453 (−0.2%)
$112,000 + $177,000
$289,000
2020
$1,457 (−64.5%)
$112,000 + $177,000
$289,000
2019
$4,108 (+1.3%)
$36,200 + $120,800
$157,000
2018
$4,053 (+3.2%)
$36,200 + $120,800
$157,000
2017
$3,929 (+2.8%)
$36,200 + $120,800
$157,000
2016
$3,822 (+2.2%)
$36,200 + $120,800
$157,000
2015
$3,738 (+337.2%)
$36,200 + $120,800
$157,000
2014
$855
$36,200 + $120,800
$157,000
Tax history for 1049 Elmwood Ave
Year
Property tax
Land + Additions
Assessment*
2025
$1,648 (+1.7%)
$96,000 + $403,000
$499,000
2024
$1,620 (+10.6%)
$112,000 + $177,000
$289,000
2023
$1,464 (−2.5%)
$112,000 + $177,000
$289,000
2022
$1,502 (+3.4%)
$112,000 + $177,000
$289,000
2021
$1,453 (−0.2%)
$112,000 + $177,000
$289,000
2020
$1,457 (−64.5%)
$112,000 + $177,000
$289,000
2019
$4,108 (+1.3%)
$36,200 + $120,800
$157,000
2018
$4,053 (+3.2%)
$36,200 + $120,800
$157,000
2017
$3,929 (+2.8%)
$36,200 + $120,800
$157,000
2016
$3,822 (+2.2%)
$36,200 + $120,800
$157,000
2015
$3,738 (+337.2%)
$36,200 + $120,800
$157,000
2014
$855
$36,200 + $120,800
$157,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
9
Baths
3.5
Stories
2.5
Lot width
38 ft.
Lot depth
105 ft.
Lot size
3,990 Sq. Ft.
Year renovated
—
Sq. Ft.
2,915
Year built
1900
Style
Multi-Family (2-4 Unit)
County
Erie County
APN
140200A0896200004006000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on May 26, 2026.
N-2C
Mixed-Use Center Zone
The N-2C zone addresses mixed-use, walkable centers of Buffalo’s most compact neighborhoods, many of which were fully developed before the automobile became prominent.