Active

423 Forest Avenue

Buffalo, NY 14213
Mark as Favorite
Bed 6

Bed

Bath 0

Bath

SqFt6,498

Sqft

Acres0.09

Acre(Lot)

Prime location meets strong investment potential in this fully renovated 6-unit residential rental property. Situated just steps from Buffalo’s vibrant Elmwood Village and within close proximity to Buffalo State University, the Albright Knox Art Museum (AKG), Burchfield Penney Art Center, and Buffalo Historical Museum. Completely renovated in 2014, the Forest Avenue Lofts offers a desirable blend of updated finishes and long-term rental stability. Improvements include updated kitchens and baths, plumbing, electrical, windows, and roof, providing peace of mind for ownership and continued appeal to tenants. The property features four spacious 2-bedroom apartments and two 3-bedroom apartments, offering a versatile unit mix attractive to a broad range of renters. Shared laundry adds convenienc e for residents. The property has been continuously occupied by long-term tenants, providing an established rental history and a strong foundation for an investor seeking a well-maintained, income-producing asset. With its exceptional location, substantial 2014 renovations, desirable unit mix, and proximity to some of Buffalo’s most prominent cultural, educational, and neighborhood amenities, this is an excellent opportunity to acquire a stabilized 6-unit residential investment in one of the city’s most sought-after areas.

Read More Expand
Tour with a ByOwner Agent

Detail Ic Property Details

Property Type : Residential Income

Price : $629,000

AD Id : 91350315

MLS Id : B1714370

Beds : 6

Lot Size : 0.09 Acre

Living Area Size : 6,498 Sq. Ft

Tax Amount : $10,377

Year Built : 1910

County : Erie

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 6

    Room Information

    Has Basement: Yes Basement: Partial
  • Flooring Information

    Ceramic Tile, Hardwood, Varies
  • Roofing Information

    Flat, Membrane, Rubber
  • Interior Features

    Roof: Flat, Membrane, Rubber Appliances: Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Water Heater Laundry Features: Common Area
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1910 Building Area Total: 6498 Construction Materials: Frame, Vinyl Siding Stories: 3 Patio And Porch Features: Deck Private Pool: No

  • Lot Information

    Lot Dimensions: 39X100 Main Square Feet: 0.0907 Acres Lot Size Acres: 0.0907 Lot Size Square Feet: 3950 Lot Description: Near Public Transit, Rectangular Lot

    Property Information

    Subdivision: Buffalo Source Property Type: Residential Income Property SubType: Multi Family Property Age: 116

  • Listing Price Information

    Listing Price: $629000 Cash

  • Tax Information

    Parcel Number: 140200-088-680-0005-002-000 Tax Lot: 2 Annual Tax: $10377

  • Parking Information

    None, No Garage

  • Utility Information

    Sewer Connected, Water Connected
  • Location Information

    Direction: Forest Ave West of Elmwood Ave. WaterSource: Public Security Features: Fire Escape
Sell a home like this and save $37,241 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
11 15th Street, Buffalo, NY, 14213 $364,900 4 2 2,240 0.03 Acre
127 14th St St, Buffalo, NY, 14213 $159,900 4 2 2,058 0.06 Acre
462 W Delavan Avenue, Buffalo, NY, 14213 $499,000 4 -- 3,743 0.12 Acre
163 16th Street, Buffalo, NY, 14213 $229,000 8 -- 3,290 0.10 Acre
162 14th Street, Buffalo, NY, 14213 $244,000 6 2 2,713 0.10 Acre
466 W Ferry St, Buffalo, NY, 14213 $1,299,999 6 -- 10,388 0.07 Acre
61 York Street, Buffalo, NY, 14213 $199,000 4 2 2,017 0.06 Acre
500 Massachusetts Avenue, Buffalo, NY, 14213 $285,000 7 3 2,900 0.13 Acre
59 York Street, Buffalo, NY, 14213 $249,000 6 4 3,540 0.05 Acre
193 14th Street, Buffalo, NY, 14213 $389,900 4 2 2,040 0.07 Acre

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the New York State Alliance MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor ByOwner shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright ©2026 New York State Alliance and participating MLS's - CNYIS, UNYREIS and WNYREIS. All Rights Reserved.

ByOwner last updated this listing 09/29/2026 @ 05:43

MLS: B1714370 LISTED BY: Michael Hartke, Howard Hanna WNY Inc. 716-634-4200 SOURCE: Western New York Real Estate Information Services (WNYREIS)

Homes around $629,000

Selling? Save $37,241 when you sell a home like this

Tour with a ByOwner Agent