Another Rockin' Rochester Investment Opportunity! 3 of the 4 units currently tenant occupied. Vacant unit is ready for you to turn it into a brand new rent unit (Was previously rented for $750, below market rent, could be more!). Tenants are all month-to-month. Current GAI is $23,400, and that's with one vacant unit! Current C of O expires in 10/1/2024. Property being sold in as-is condition. Lots of potential to make this a great property in your portfolio. No delayed negotiations!
Multi-familyProperty Type
1920Year Built
3,920 sq ftLot Size
$47Est. Price/Sq.Ft.
Listing by Marissa Brown• RE/MAX Realty Group
•585-719-3500 (broker)
Listing by Colleen Bracci• RE/MAX Realty Group
•585-719-3500 (broker)
Bought with Laura Calcagno• Keller Williams Realty Greater Rochester
Listing by Coldwell Banker Custom Realty, (585) 671-1111
See all
Provided by Redfin
Sale history for 470 Ridgeway Ave
Date
Event
Price
UNYREIS #R1540546
Oct 24, 2024
Sold
$135,000
$33/sq ft
Jun 26, 2024
Pending
—
May 28, 2024
Listed
$149,000
$36/sq ft
UNYREIS #R1162678
May 28, 2019
Sold
$145,000
$35/sq ft
Mar 5, 2019
Pending
—
Feb 3, 2019
Price Changed
$159,900
$39/sq ft
Dec 5, 2018
Listed
$169,900
$41/sq ft
Large 4 Family located in the 10th Ward!!!! Maintenance free exterior with 30 year architectural roof and some new vinyl windows. All units are 100% occupied with long term tenants. Currently under licensed management. All separate utilities including heat. Updated electric and some newer furnaces and hot water heaters. Gross annual rents of $33,000
UNYREIS #R289852
Jan 5, 2017
Listing Removed
—
Dec 21, 2015
Listed
$125,000
$30/sq ft
UNYREIS #R248370
Jun 1, 2015
Listing Removed
—
May 13, 2015
Listed
$108,000
$26/sq ft
UNYREIS #R191463
Aug 28, 2012
Listed
$95,000
$23/sq ft
Public Records
Dec 15, 1995
Sold
$87,000
$21/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$1,452
$18,000 + $142,000
$160,000
2025
$1,452 (−10.1%)
$18,000 + $142,000
$160,000
2024
$1,615 (−41.8%)
$18,000 + $142,000
$160,000
2023
$2,773 (+33.3%)
$18,000 + $122,000
$140,000
2022
$2,081 (−14.6%)
$18,000 + $122,000
$140,000
2021
$2,438
$18,000 + $122,000
$140,000
2020
$2,438 (+60.1%)
$18,000 + $122,000
$140,000
2019
$1,522 (−65.2%)
$18,000 + $78,000
$96,000
2018
$4,373 (+143.4%)
$18,000 + $78,000
$96,000
2017
$1,797 (+8.5%)
$18,000 + $78,000
$96,000
2016
$1,656 (−0.9%)
$18,000 + $78,000
$96,000
2015
$1,672 (−11.1%)
$18,000 + $78,000
$96,000
2014
$1,880
$18,000 + $70,000
$88,000
Tax history for 470 Ridgeway Ave
Year
Property tax
Land + Additions
Assessment*
2026
$1,452
$18,000 + $142,000
$160,000
2025
$1,452 (−10.1%)
$18,000 + $142,000
$160,000
2024
$1,615 (−41.8%)
$18,000 + $142,000
$160,000
2023
$2,773 (+33.3%)
$18,000 + $122,000
$140,000
2022
$2,081 (−14.6%)
$18,000 + $122,000
$140,000
2021
$2,438
$18,000 + $122,000
$140,000
2020
$2,438 (+60.1%)
$18,000 + $122,000
$140,000
2019
$1,522 (−65.2%)
$18,000 + $78,000
$96,000
2018
$4,373 (+143.4%)
$18,000 + $78,000
$96,000
2017
$1,797 (+8.5%)
$18,000 + $78,000
$96,000
2016
$1,656 (−0.9%)
$18,000 + $78,000
$96,000
2015
$1,672 (−11.1%)
$18,000 + $78,000
$96,000
2014
$1,880
$18,000 + $70,000
$88,000
*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
—
Baths
—
Stories
—
Lot width
40 ft.
Lot depth
100 ft.
Lot size
3,920 Sq. Ft.
Year renovated
—
Sq. Ft.
4,140
Year built
—
Style
Multi-Family (5+ Unit)
County
Monroe County
APN
261400A09041000030490000000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 19, 2026.
R-1
Low-Density Residential District
The R-1 Low-Density Residential District is intended to maintain residential areas at relatively low densities. The R-1 District is a distinct urban area that is characterized predominantly by owner-occupied, single-family detached and attached homes but often contains a diverse mix of other preexisting higher-density residential uses. Each R-1 neighborhood is unique in character, composition and scale. The district requirements are intended to preserve and promote neighborhoods characterized by unobstructed front yards and pedestrian-scale streetscapes and to protect against undesirable uses and residential conversions.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Group
Housing-Single unit
Office
Property details
Parking
Parking
Features: Off Site
Interior
Bathroom Information
# of Full Bathrooms: 4
Room Information
Has Basement
Basement Information: Full
Equipment
Appliances: Gas Water Heater
Interior Features
Flooring: Carpet, Laminate, Varies
Multi Unit Information
# Of Units Total: 4
# Of Units In Community: 4
# Of Separate Gas Meters: 4
# Of Separate Electric Meters: 5
Multi Unit Financial Information
Gross Income: $23,400
Operating Expense Includes: See Remarks
Unit Type 1
Unit Description: ,Eat-In Kitchen,Living Room
# of Bedrooms: 2
# of Bathrooms Total: 1
# of Full Bathrooms: 1
Total Rent: $700
Actual Rent: $700
Actual Rent Range: 700
Unit is Month-to-Month
Unit Type 2
Unit Description: ,Formal Dining Room,Living Room
# of Bedrooms: 1
# of Bathrooms Total: 1
# of Full Bathrooms: 1
Total Rent: $575
Actual Rent: $575
Actual Rent Range: 575
Unit is Month-to-Month
Unit Type 3
Unit Description: ,Formal Dining Room,Living Room,Porch
# of Bedrooms: 2
# of Bathrooms Total: 1
# of Full Bathrooms: 1
Actual Rent Range: 0
Unit Type 4
Unit Description: ,Formal Dining Room,Living Room
# of Bedrooms: 1
# of Bathrooms Total: 1
# of Full Bathrooms: 1
Total Rent: $675
Actual Rent: $675
Actual Rent Range: 675
Yes
Exterior
Building Information
Stories (Total): 2
Year Built Details: Existing
Roof Details: Asphalt
Construction Details: Vinyl Siding
Lot Information
Lot Size Area: 0.09
Lot Size Acres: 0.09
Lot Size Dimensions: 40X100
Lot Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Road Frontage Type: City Street, Main Thoroughfare
Property Information
Foundation Details: Block
Resale
Financial
Assessments and Fees
Assessed Value: $160,000
Tax Information
Annual Tax Amount: $8,014
Rental Information
Owner Pays: Trash Collection, Water
Rent Includes: Trash Collection, Water
Utilities
Utility Information
Utilities: Cable Available, Sewer Connected, Water Connected
Electric: Circuit Breakers
Sewer: Connected
Water Source: Connected, Public
Heating & Cooling
Has Heating
Heating: Gas, Forced Air
Public facts
Beds: —
Baths: —
Sq. Ft.: 4,140
Stories: —
Lot Size: 3,920 square feet
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Monroe County
APN: 261400A09041000030490000000
Home facts updated by county records on Aug 19, 2026
Around this home
Schools
School 54 Flower City Community School
Public PreK-6 • Assigned • 1.7mi
6/10
School 58 World Of Inquiry School
Public PreK-12 • Assigned • 3.2mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 95° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Rochester, NY • 14615
Average low and high temperatures (°F)
29
20
32
20
49
31
58
40
66
49
79
61
82
67
77
62
73
57
62
47
49
37
37
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.6 hours in
June and 2.4 hours in December, placing it below the
U.S. average for solar exposure.