NOT LISTED FOR SALE

Estimated Value: $498,920

5 Beds
3 Baths
5,025 Sq Ft
$99/Sq Ft Est. Value

Last Sold July 10, 2025

Last sale price $450,000 $90 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,721/month

19 Days on Market

Highlights

  • Property is near public transit
  • Ductless Heating Or Cooling System
  • Ceiling Fan
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Baseboard Heating

About This Home

As of July 2025

Welcome to 231 Niagara Street. Discover an exceptional investment opportunity in Buffalo’s thriving West Side! Located within walking distance to Niagara Square, positioned in close proximity to all the amenities the Westside/Allentown and Canal Side have to offer further promotes the excellent location. This all-brick, three-unit property offers over 5,000 sq. ft. of living space with stunning views of downtown and a blend of historic charm and modern updates. The main 2 units boast updated kitchens/baths with some granite countertops. Original mahogany hardwood floors, ceiling-to-floor windows, and brick fireplaces enhance the home’s timeless elegance. The upper unit features a spacious master bedroom with an in-unit washer/dryer hookup, adding to its appeal. Additional highlights include off-street parking, a fully fenced backyard, and a rear one-bedroom apartment equipped with a three-year-old mini-split system. The main roof is 8-10 years old, while the rear one bedroom roof was replaced just three years ago. All appliances included. Separate utilities. Perfect for the investor to add to their existing real estate portfolio or smart purchase for the owner looking to occupy with rental income to offset mortgage costs. Tours begin on 3-19-25. 24 hour notice for tenants.

Last Agent to Sell the Property

Kenneth Smith

Listing by Buffalo First Realty Group Inc Brokerage Phone: 716-465-1361 License #10301219900 Listed on: 03/17/2025

Co-Listed By

Raymond Smith

Listing by Buffalo First Realty Group Inc Brokerage Phone: 716-465-1361 License #40SM1090023

Last Buyer's Agent

Kathleen Quebral

Listing by Howard Hanna WNY Inc. License #10301209822

Howard Hanna WNY Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,821

Year Built

  • Built in 1895

Lot Details

  • 5,280 Sq Ft Lot
  • Lot Dimensions are 40x132
  • Property is Fully Fenced
  • Rectangular Lot

Parking

  • 2 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Copper Plumbing

Interior Spaces

  • 5,025 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House
  • Washer Hookup

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit

Utilities

  • Ductless Heating Or Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater

Community Details

  • 3 Units
  • 3 Separate Gas Meters

Listing and Financial Details

  • Rent includes water
  • Tax Lot 3
  • Assessor Parcel Number 140200-110-440-0001-003-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,821

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Water
  • Year Built: 1895
  • Attribution Contact: 716-465-1361
  • ResoLaundryFeatures: Washer Hookup
  • Lot Features: Near Public Transit, Rectangular, Rectangular Lot
  • Co List Office Mls Id: BFRG01
  • Co List Office Phone: 716-465-1361
  • Directions: USE GPS
  • Flooring: Carpet, Ceramic Tile, Hardwood, Varies, Vinyl
  • Interior Features: Ceiling Fan(s)
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • 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

  • Fencing: Full
  • Acres: 0.1212
  • Waterfront: No
  • Construction Type: Brick, Other, See Remarks, Copper Plumbing
  • Exterior Features: Fully Fenced
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: Concrete, Two or More Spaces

Utilities

  • Cooling: Ductless, Central Air
  • Cooling Y N: Yes
  • Heating: Ductless, Gas, Baseboard, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Buffalo

Lot Info

  • Parcel Number: 140200-110-440-0001-003-000
  • Lot Dimensions: 40X132
  • Lot Size Sq Ft: 5280.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 5821.0
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2025
Closed on
Jun 26, 2025
Sold by
Smith Joanne M
Bought by
Likely Maliek
Seller's Agent
Kenneth Smith
Buffalo First Realty Group Inc
Buyer's Agent
Kathleen Quebral
Howard Hanna WNY Inc.
List Price
$449,900
Sold Price
$450,000
Premium/Discount to List
$100
0.02%
Views
62
Current Estimated Value
$498,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,920
Avg. Annual Appreciation
23.99%
Original Mortgage
$405,000
Outstanding Balance
$403,610
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$95,310

Purchase Details

Closed on
Sep 6, 2016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,024
Interest Rate
3.45%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 1, 2016
Sold by
Rodriguez John and Rodriguez Maryanne
Bought by
Smith Joanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,024
Interest Rate
3.45%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 6, 2014
Sold by
Hernandez Hector A and Santiago Ischa Y
Bought by
Rodriguez John and Rodriguez Maryanne

Purchase Details

Closed on
Aug 24, 2010
Sold by
Wilmington Trust Company
Bought by
Hernandez Hector A and Santiago Ischa Y

Purchase Details

Closed on
Jun 18, 2009
Sold by
Goldstein Avraham and Wells Fargo Bank Na
Bought by
Wilmington Trust Company

Purchase Details

Closed on
Apr 17, 2006
Sold by
Panicali Richard A
Bought by
Goldstein Avraham

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 21, 1998
Sold by
Decollopy John New York State
Bought by
Panicali Richard A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Likely Maliek $450,000 None Available
Likely Maliek $450,000 None Available
-- $238,500 --
-- $238,500 --
Smith Joanne M $238,500 Chicago Title Ins Co
Smith Joanne M $238,500 Chicago Title Ins Co
Smith Joanne M $238,500 Chicago Title Ins Co
Rodriguez John $100,000 None Available
Rodriguez John $100,000 None Available
Rodriguez John $100,000 None Available
Hernandez Hector A $23,000 None Available
Hernandez Hector A $23,000 None Available
Hernandez Hector A $23,000 None Available
Wilmington Trust Company $41,400 None Available
Wilmington Trust Company $41,400 None Available
Wilmington Trust Company $41,400 None Available
Goldstein Avraham $120,000 Ticor Title Insurance Co
Goldstein Avraham $120,000 Ticor Title Insurance Co
Goldstein Avraham $120,000 Ticor Title Insurance Co
Panicali Richard A $106,800 --
Panicali Richard A $106,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Likely Maliek $405,000
Closed Likely Maliek $405,000
Previous Owner Smith Joanne M $349,024
Previous Owner Goldstein Avraham $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2025 07/10/25 Sold $450,000 0.0% $90 / Sq Ft
04/05/2025 04/05/25 Pending -- -- --
03/17/2025 03/17/25 For Sale $449,900 -- $90 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Tax History Compared to Growth

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 $1,362 $243,000 $16,900 $226,100
2023 $1,231 $243,000 $16,900 $226,100
2022 $1,222 $243,000 $16,900 $226,100
2021 $1,222 $243,000 $16,900 $226,100
2020 $924 $243,000 $16,900 $226,100
2019 $3,292 $120,000 $6,100 $113,900
2018 $3,098 $120,000 $6,100 $113,900
2017 $3,058 $120,000 $6,100 $113,900
2014 -- $120,000 $6,100 $113,900
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1593539

Western New York Real Estate Information Services (WNYREIS)

APN: 140200 110.44-1-3