197 Thompson St Buffalo, NY 14207
Black Rock NeighborhoodEstimated payment $677/month
Highlights
- Property is near public transit
- Main Floor Bedroom
- Eat-In Kitchen
- Wood Flooring
- Formal Dining Room
- Forced Air Heating System
About This Home
Welcome to this spacious home featuring 3 bedrooms, 1.5 bathrooms, a large basement, driveway, big backyard, and a relaxing sun porch. Perfect for families or investors looking for a solid rental property in today’s high-demand market.
Previously used as a very lucrative single-family rental, this property is primed for its next chapter. With some updates and personal touches, you could unlock an ARV of $225,000+.
Whether you’re a savvy investor seeking strong rental returns or a homeowner ready to build equity, this home delivers exceptional upside potential. FIRST COME, FIRST SERVED. NO OFFER DEADLINE!
Listing Agent
Listing by Atlas Realty Trading Co LLC License #10401391491 Listed on: 09/03/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $778
Year Built
- Built in 1905
Lot Details
- 4,635 Sq Ft Lot
- Lot Dimensions are 45x103
- Rectangular Lot
Home Design
- Block Foundation
Interior Spaces
- 1,789 Sq Ft Home
- 2-Story Property
- Formal Dining Room
- Wood Flooring
- Basement Fills Entire Space Under The House
- Eat-In Kitchen
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
Parking
- No Garage
- Driveway
Location
- Property is near public transit
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
Community Details
- Parish Subdivision
Listing and Financial Details
- Tax Lot 25
- Assessor Parcel Number 140200-088-250-0005-025-000
Map
Home Values in the Area
Average Home Value in this Area
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 | $304 | $60,000 | $4,800 | $55,200 |
| 2023 | $304 | $60,000 | $4,800 | $55,200 |
| 2022 | $302 | $60,000 | $4,800 | $55,200 |
| 2021 | $302 | $60,000 | $4,800 | $55,200 |
| 2020 | $285 | $60,000 | $4,800 | $55,200 |
| 2019 | $1,015 | $37,000 | $4,700 | $32,300 |
| 2018 | $955 | $37,000 | $4,700 | $32,300 |
| 2017 | $220 | $37,000 | $4,700 | $32,300 |
| 2016 | $901 | $37,000 | $4,700 | $32,300 |
| 2015 | -- | $37,000 | $4,700 | $32,300 |
| 2014 | -- | $37,000 | $4,700 | $32,300 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/17/2025 09/17/25 | Price Changed | $114,900 | -4.2% | $64 / Sq Ft |
| 09/03/2025 09/03/25 | For Sale | $119,900 | +59.9% | $67 / Sq Ft |
| 10/14/2022 10/14/22 | Sold | $75,000 | +25.2% | $42 / Sq Ft |
| 08/19/2022 08/19/22 | Pending | -- | -- | -- |
| 08/18/2022 08/18/22 | For Sale | $59,900 | -- | $33 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $75,000 | None Available | |
| Bargain Sale Deed | -- | None Available | |
| Bargain Sale Deed | $13,500 | -- |
Source: Western New York Real Estate Information Services (WNYREIS)
MLS Number: B1635160
APN: 140200-088-250-0005-025-000
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