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151 Linwood Ave 8 Unit Apartment Building $1,350,000 ($168,750/Unit) Buffalo, NY 14209
Investment Highlights
- Eight-unit multifamily asset with all residences configured as two-bedroom, one-bathroom apartments.
- On-site laundry facilities support resident convenience and daily operations.
- Positioned on Linwood Avenue near Delaware Avenue between Allentown and Elmwood Village.
- Includes 12 on-site parking spaces and dedicated basement storage.
- Central air conditioning provided throughout the property.
- N-2R zoning with a layout well suited for multifamily investment ownership.
Executive Summary
This multifamily investment opportunity is an 8,280± SF building built in 1965, featuring 8 units, all with 2 bedrooms and 1 bath. The property offers 12 parking spaces, on-site laundry, and central AC, along with basement storage. It's located on Linwood Avenue, parallel to Delaware Avenue, situated between Allentown and Elmwood Village—two of Buffalo's most desirable neighborhoods. Zoned N-2R, the property is ideal for multifamily or apartment investors. The building sits on a lot of approximately .28± acres.
Property Facts
| Price | $1,350,000 | Building Class | C |
| Price Per Unit | $168,750 | Lot Size | 0.28 AC |
| Sale Type | Investment | Building Size | 8,280 SF |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1965 |
| Property Subtype | Apartment | Parking Ratio | 1.45/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | N-2R - Neighborhood Residential (N-2R) | ||
| Price | $1,350,000 |
| Price Per Unit | $168,750 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 8,280 SF |
| No. Stories | 2 |
| Year Built | 1965 |
| Parking Ratio | 1.45/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | N-2R - Neighborhood Residential (N-2R) |
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Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
50/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 140200-100-630-0001-014-000 | Improvements Assessment | $1,119,800 |
| Land Assessment | $142,100 | Total Assessment | $1,261,900 |
Property Taxes
Parcel Number
140200-100-630-0001-014-000
Land Assessment
$142,100
Improvements Assessment
$1,119,800
Total Assessment
$1,261,900
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151 Linwood Ave
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