This home's estimate is 7.8% higher than the average sale price ($209K) of 6 comparable homes.
Search- Overview
- Sale & tax history
- Property details
- Neighborhood
- Climate
505 Ridge Rd #503, Buffalo, NY 14218
About this home
3-unit money maker with potential to bring in over $3,100 per month in rent plus coin operated laundry. Existing 2 tenants plan to stay and HUGE vacant 3br upper apartment with estimated market value $1,350 - $1,400 could easily be the owners unit! 2nd floor upper apartment boasts finished 3rd story living space that essentially doubles the size of the unit. Lower front unit has already signed lease renewal for increase from $775 to $805 per month beginning 5/1/2024. Lower rear leased through 9/30/2024. With some creativity the basement could be turned into an additional rental unit with separate entrance. An easy addition to any portfolio with professional management already in place. Located near bus route and minutes from major highways!

Redfin Estimate
Earn from this home
Get cash now or lower your monthly rate
Market trends in 14218, NY
Last updated September 2026
Buyer's Market
Seller's Market
Seller's market
- OPEN SAT, 1PM TO 3PM$149,9003 beds1 bath1,056 sq ft132 Madison Ave, Lackawanna, NY 14218Listing by HUNT Real Estate ERA, (716) 883-2200
- $49,9994 beds2 baths2,197 sq ft110 Victory Ave, Buffalo, NY 14218Listing by MJ Peterson Real Estate Inc., (716) 689-7800
- $249,9004 beds2 baths1,967 sq ft1551 Abbott Rd, Buffalo, NY 14218Listing by WNY Metro Roberts Realty, (716) 662-0449
- $269,9004 beds3 baths1,865 sq ft73 Rosary Ave, Buffalo, NY 14218Listing by Buffalo Home Realty, (716) 391-4663
- $239,9005 beds2 baths1,872 sq ft33 Pacific Ave, Buffalo, NY 14218Listing by Buffalo Boardwalk Real Estate LLC, (716) 361-9422
- $349,9006 beds2 baths2,214 sq ft75 Majestic Ter, Buffalo, NY 14218Listing by WNY Metro Roberts Realty, (716) 646-6400
- $199,9003 beds1.5 baths1,263 sq ft75 Rosary Ave, Buffalo, NY 14218Listing by Howard Hanna WNY Inc., (716) 662-2000
- $259,9004 beds2 baths2,112 sq ft62 Magnolia St, Buffalo, NY 14218Listing by eXp Realty, (888) 276-0630
- $224,9004 beds1 bath1,365 sq ft5427 Berg Rd, Buffalo, NY 14218Listing by Park Realty of WNY LLC, (716) 332-3453
See all
Provided by Redfin
Sale history for 505 Ridge Rd #503
$64/sq ft
$64/sq ft
$39/sq ft
Tax history for 505 Ridge Rd #503
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking
- Features: No Driveway
Interior
- Bathroom Information
- # of Full Bathrooms: 3
- Room Information
- Has Basement
- Basement Information: Full, Sump Pump
- Laundry Information
- Features: Common Area
- Equipment
- Appliances: Electric Water Heater, Gas Water Heater
- Interior Features
- Flooring: Laminate, Varies, Vinyl
- Other Features: Attic, Programmable Thermostat
- Multi Unit Information
- # Of Units Total: 3
- # Of Units In Community: 3
- # Of Separate Gas Meters: 3
- # Of Separate Electric Meters: 3
- Multi Unit Financial Information
- Gross Income: $37,800
- Operating Expense Includes: Electric, Insurance, Maintenance, Trash, Water/Sewer
- Operating Expense: $7,934
- Unit Type 1
- Unit Description: Oven/ Range,Refrigerator,Eat-In Kitchen,Living Room,Other - See Remarks
- # of Bedrooms: 3
- # of Bathrooms Total: 1
- # of Full Bathrooms: 1
- Actual Rent Range: 0
- Unit Type 2
- Unit Description: Oven/ Range,Refrigerator,Eat-In Kitchen,Living Room
- # of Bedrooms: 1
- # of Bathrooms Total: 1
- # of Full Bathrooms: 1
- Total Rent: $795
- Actual Rent: $795
- Actual Rent Range: 795
- Unit is Leased
- Lease Expires: Wednesday, April 30, 2025
- Unit Type 3
- Unit Description: Dishwasher,Oven/ Range,Refrigerator,Formal Dining Room,Living Room,Porch
- # of Bedrooms: 2
- # of Bathrooms Total: 1
- # of Full Bathrooms: 1
- Total Rent: $995
- Actual Rent: $995
- Actual Rent Range: 995
- Unit is Leased
- Lease Expires: Monday, September 30, 2024
Exterior
- Building Information
- Stories: 3
- Stories (Total): 3
- Year Built Details: Existing
- Roof Details: Asphalt
- Construction Details: Aluminum Siding, Block, Concrete, Steel Siding, Copper Plumbing, PEX Plumbing
- Exterior Features
- Exterior Features: Awning(s), Deck, Fence
- Patio And Porch Features: Deck
- Fencing: Partial
- Lot Information
- Lot Size Area: 0.1012
- Lot Size Acres: 0.1012
- Lot Size Dimensions: 32X137
- Lot Features: Near Public Transit
- Road Frontage Type: Main Thoroughfare
- Property Information
- Foundation Details: Block
- Resale
Financial
- Assessments and Fees
- Assessed Value: $130,000
- Tax Information
- Annual Tax Amount: $5,877
- Rental Information
- Owner Pays: Grounds Care, Water
- Rent Includes: Gardener, Water
Utilities
- Utility Information
- Utilities: Sewer Connected, Water Connected
- Electric: Circuit Breakers
- Sewer: Connected
- Water Source: Connected, Public
- Heating & Cooling
- Has Heating
- Heating: Gas, Forced Air
Public facts
- Beds: 6
- Baths: 3.0
- Sq. Ft.: 3,276
- Stories: 2.0
- Lot Size: 4,409 square feet
- Style: Multi-Family (2-4 Unit)
- Year Built: 1910
- Year Renovated: —
- County: Erie County
- APN: 140900A1423700002010000
Around this home
Schools
Public 2-5 • Assigned • 1.1mi
Public 6-8 • Assigned • 1.7mi
Public 9-12 • Assigned • 1.7mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 92° expected this year, 15 days in 30 years
Minimal risk of severe winds over next 30 years
3 unhealthy days expected this year, 8 days in 30 years
Sun exposure
In this area, properties receive around 9.3 hours in June and 2.2 hours in December, placing it below the U.S. average for solar exposure.
Sell confidently with a local market expert in Buffalo. 3 minutes to get started.
Nearby similar homes
New listings for sale in 14218
Home values near 505 Ridge Rd #503
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 3432 Sq. Ft. | $166,192 |
5 Beds | 2 Baths | 2129 Sq. Ft. | $184,719 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 3.5 Baths | 1524 Sq. Ft. | — |
5 Beds | 2 Baths | 2310 Sq. Ft. | $186,641 |
| Address | Redfin Estimate |
|---|---|
6 Beds | 3 Baths | 3276 Sq. Ft. | $231,365 |
3 Beds | 2 Baths | 1433 Sq. Ft. | $144,085 |
More real estate resources
- Neighborhoods
- Zip Codes
- Cities
- Popular Searches
| South Abbott homes for sale | |||
| Tifft homes for sale | |||
| South Buffalo homes for sale | |||
| South Park homes for sale | |||
| Hopkins-Tifft homes for sale |
| 14210 homes for sale | |||
| 14218 homes for sale | |||
| 14219 homes for sale | |||
| 14220 homes for sale |
| Hamburg homes for sale | |||
| Amherst homes for sale | |||
| Buffalo homes for sale |
Find us
Subsidiaries
Affiliated Business
Copyright: © 2026 Redfin. All rights reserved.
Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.
Do not sell or share my personal information.
REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.
California DRE #01521930
Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures
New Mexico Real Estate Licenses
TREC: Info About Brokerage Services, Consumer Protection Notice
All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.
Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.
If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.
REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.







































United States
Canada