$114,000
$6K PRICE DROP

131 Allen St Lockport, NY 14094

Estimated payment $929/month

Total Views 8,791
5 Beds
3 Baths
3,190 Sq Ft
$36 Price per Sq Ft

Highlights

  • Wood Flooring
  • 2 Car Garage
  • Wood Siding
  • Forced Air Heating System
  • Rectangular Lot

About This Home

Investment Opportunity – 3-Unit Property with Potential for 4!

Investor special! This multi-family property is brimming with potential and priced to sell. Currently mapped for 4 units, it offers a solid foundation for immediate income and future expansion. One unit is tenant-occupied, providing instant cash flow. The second unit needs only cosmetic updates or a quick refresh to be rent-ready. The third unit has been taken down to the studs, with a framed-out fourth unit offering the perfect blank canvas for your vision.

Ideal for a seasoned investor or savvy buyer looking to create equity and build long-term income. A detached 2-car garage adds additional value, whether for tenant parking or storage. With a little work, this property could become a true income-generating gem.

Listing Agent

Malissa Roedel

Listing by HUNT Real Estate Corporation Brokerage Phone: 716-946-2301 License #10401338442 Listed on: 07/29/2025

HUNT Real Estate Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,921

Year Built

  • Built in 1870

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 49x99
  • Rectangular Lot

Parking

  • 2 Car Garage
  • Gravel Driveway

Home Design

  • Triplex
  • Wood Siding

Interior Spaces

  • 3,190 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 3 Units
  • 3 Separate Gas Meters

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 290900-109-030-0002-015-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,921

Year Built

Built in 1870

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Water
  • Year Built: 1870
  • Attribution Contact: 716-946-2301
  • Lot Features: Rectangular, Rectangular Lot
  • Road Frontage Type: Main Thoroughfare
  • Architectural Style: Triplex
  • Flooring: Hardwood, Varies, Vinyl
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.11
  • Waterfront: No
  • Construction Type: Wood Siding

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Gravel, Two or More Spaces

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Lockport

Lot Info

  • Parcel Number: 290900-109-030-0002-015-000
  • Lot Dimensions: 49X99
  • Lot Size Sq Ft: 4792.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 3921.0
  • Tax Lot: 15

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,075 $114,000 $3,800 $110,200
2023 $3,075 $110,000 $3,800 $106,200
2022 $2,410 $100,000 $3,800 $96,200
2021 $2,409 $61,100 $4,300 $56,800
2020 $2,358 $61,100 $4,300 $56,800
2019 $528 $61,100 $4,300 $56,800
2018 $1,705 $61,100 $4,300 $56,800
2017 $1,699 $61,100 $4,300 $56,800
2016 $1,645 $61,100 $4,300 $56,800
2015 -- $61,100 $4,300 $56,800
2014 -- $61,100 $4,300 $56,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2025 09/15/25 Price Changed $114,000 -0.9% $36 / Sq Ft
08/28/2025 08/28/25 Price Changed $115,000 -4.2% $36 / Sq Ft
07/29/2025 07/29/25 For Sale $120,000 -- $38 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $85,000 None Listed On Document
Warranty Deed $85,000 None Listed On Document
Warranty Deed $37,922 None Available
Deed $52,299 Jon Ross Wilson
Deed $65,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $85,000 Construction
Previous Owner $2,650 Unknown
Source: Public Records

Source: Western New York Real Estate Information Services (WNYREIS)

MLS Number: B1626216

Western New York Real Estate Information Services (WNYREIS)

APN: 290900-109-030-0002-015-000