157 Fargo Avenue, Buffalo, NY 14201
Local realty services provided by:CENTURY 21 Jackson Real Estate
157 Fargo Avenue,Buffalo, NY 14201
$225,000
- 6 Beds
- 3 Baths
- 2,538 sq. ft.
- Multi-family
- Active
Listed by: nicholas m lunetta, james j conley
Office: mj peterson real estate inc.
MLS#:B1660150
Source:NY_GENRIS
Price summary
- Price:$225,000
- Price per sq. ft.:$88.65
About this home
Location, location, location! Excellent opportunity to own a three-unit multifamily investment
property with an included adjacent vacant lot in Buffalo’s highly desirable and appreciating
West Side neighborhood. Located near Elmwood Village, Allentown, Kleinhans Music Hall,
D’Youville University, shopping, dining, and public transportation, this property offers strong
rental demand and long-term upside. The building features three residential units including a
large 4-bedroom apartment, a studio/1-bedroom unit, and a well-updated 1-bedroom
apartment, all with functional layouts and excellent income potential. One unit is currently
rented at $1,000 per month, with projected annual gross income exceeding $41,000, while
maintaining low annual property taxes of approximately $3,000—an ideal combination for cash
flow and appreciation. Recent capital improvements include updated electrical service with
three separate meters, vinyl siding, numerous vinyl replacement windows, newer hot water
tanks (2018, 2022, and 2023), and a high-efficiency furnace installed in 2025. Interior spaces
offer flexibility for owner-occupants or investors, including open living and dining areas,
updated flooring and paint in select units, and future value-add potential in the upper
apartment. The included vacant parcel at 155 Fargo Ave adds rare flexibility—ideal for off-
street parking, additional green space, or future development (buyer to verify). Off-street
parking is currently accessed via Cobb Alley, a valuable amenity in this location. Whether you’re
searching for a Buffalo investment property, a house-hacking opportunity, or a multi-unit rental
with upside, 157 Fargo Avenue delivers income, location, and versatility in one compelling
package....
Contact an agent
Home facts
- Year built:1910
- Listing ID #:B1660150
- Added:43 day(s) ago
- Updated:March 14, 2026 at 02:51 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Carpet, Tile, Varies, Vinyl
- Basement:Yes
- Basement Description:Partial, Sump Pump
- Living area:2,538 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas, Space Heater
Structure and exterior
- Roof:Asphalt
- Year built:1910
- Building area:2,538 sq. ft.
- Lot area:0.19 Acres
- Lot Features:Near Public Transit, Rectangular, Residential Lot
- Architectural Style:Triplex
- Construction Materials:Copper Plumbing, Vinyl Siding
- Foundation Description:Block, Poured
- Levels:2 Stories
Utilities
- Water:Connected, Public, Water Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$225,000
- Price per sq. ft.:$88.65
- Tax amount:$3,113
Parking
- Parking description:On Street
New listings near 157 Fargo Avenue
- New
$185,000Active3 beds 2 baths1,140 sq. ft.307 King Peterson Road, Buffalo, NY 14204
MLS# B1666356Listed by: KELLER WILLIAMS REALTY WNY - New
$355,000Active3 beds 3 baths1,742 sq. ft.25 Wellington Court, Buffalo, NY 14221
MLS# B1666659Listed by: MJ PETERSON REAL ESTATE INC. - New
$674,900Active3 beds 3 baths2,293 sq. ft.61 Hidden Ridge, Buffalo, NY 14221
MLS# B1666766Listed by: EXP REALTY - New
$139,999Active5 beds 2 baths1,562 sq. ft.135 Ivy Street, Buffalo, NY 14211
MLS# B1666404Listed by: KELLER WILLIAMS REALTY WNY - New
$265,000Active2 beds 1 baths1,435 sq. ft.216 Summer Street, Buffalo, NY 14222
MLS# B1666461Listed by: REDFIN REAL ESTATE - New
$139,900Active4 beds 2 baths1,418 sq. ft.323 Grider Street, Buffalo, NY 14215
MLS# B1666652Listed by: KELLER WILLIAMS REALTY WNY - Open Sat, 1 to 3pmNew
$239,999Active4 beds 2 baths1,302 sq. ft.4273 Union Road, Buffalo, NY 14225
MLS# B1666656Listed by: KELLER WILLIAMS REALTY WNY - New
$165,000Active2 beds 2 baths1,160 sq. ft.1370 Maple Road #5, Buffalo, NY 14221
MLS# B1666676Listed by: ATLAS REALTY TRADING CO LLC - New
$189,900Active6 beds 2 baths2,288 sq. ft.32 Gladstone Street, Buffalo, NY 14207
MLS# B1666642Listed by: PIONEER STAR REAL ESTATE INC. - Open Sun, 11am to 1pmNew
$300,000Active2 beds 2 baths1,322 sq. ft.902 Carriage Lane, Buffalo, NY 14224
MLS# B1666314Listed by: HOWARD HANNA WNY INC