$200,000
SOLD DEC 19, 2025
6 Beds
2 Baths
2,882 Sq Ft
4,200 Sq Ft Lot

Recently Sold

$69 Per Sq Ft

11% Above List Price

8 Days on Market

Highlights

  • Property is near public transit
  • Woodwork
  • Rectangular Lot
  • Wood Flooring
  • Forced Air Heating System
  • Property is Fully Fenced

About This Home

As of December 2025

Welcome to 240 Lisbon Ave, Buffalo!
Located in the heart of the University District, this spacious two-family home is a fantastic opportunity for owner-occupancy or investment. Each unit features 3 bedrooms and 1 full bath, along with beautiful hardwood floors and generous living space throughout. The property offers solid mechanics, a full basement, and a walk-up attic—perfect for storage or future expansion. Currently rented with a total monthly income of $2,400, with room for potential rent increases. Conveniently situated near UB South Campus, shopping, restaurants, and public transportation, this home offers comfort, stability, and excellent income potential.

Last Agent to Sell the Property

Emmanuel Williams

Listing by WNY Metro Roberts Realty Brokerage Phone: 7164302091 License #10301217766 Listed on: 11/03/2025

WNY Metro Roberts Realty

Last Buyer's Agent

Emmanuel Williams

Listing by WNY Metro Roberts Realty Brokerage Phone: 7164302091 License #10301217766 Listed on: 11/03/2025

WNY Metro Roberts Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,377

Year Built

  • Built in 1925

Lot Details

  • 4,200 Sq Ft Lot
  • Lot Dimensions are 35x120
  • Property is Fully Fenced
  • Rectangular Lot

Parking

  • 2 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Vinyl Siding
  • Copper Plumbing

Interior Spaces

  • 2,882 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Utilities

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

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Rent includes water
  • Tax Lot 31
  • Assessor Parcel Number 140200-079-640-0005-031-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,377

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Water
  • Year Built: 1925
  • Attribution Contact: 7164302091
  • Lot Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Directions: Parkridge Ave to Lisbon Ave
  • Flooring: Hardwood, Varies
  • Interior Features: Natural Woodwork
  • 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: 2
  • Total Bedrooms: 6
  • Stories: 2
  • Stories: 2

Exterior Features

  • Fencing: Full
  • Acres: 0.0964
  • Waterfront: No
  • Construction Type: Brick, Vinyl Siding, Copper Plumbing
  • Exterior Features: Fully Fenced

Garage/Parking

  • Parking Features: Two or More Spaces

Utilities

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

Condo/Co-op/Association

  • Community Features: Trails/Paths
  • Senior Community: No

Schools

  • Junior High Dist: Buffalo

Lot Info

  • Parcel Number: 140200-079-640-0005-031-000
  • Lot Dimensions: 35X120
  • Lot Size Sq Ft: 4200.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 1377.0
  • Tax Lot: 31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2015
Sold by
Illos Gary A
Bought by
Peninsula Property Holdings No 2 Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Type Sale Price Title Company
Warranty Deed $87,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2025 12/19/25 Sold $200,000 +11.2% $69 / Sq Ft
11/11/2025 11/11/25 Pending -- -- --
11/03/2025 11/03/25 For Sale $179,900 -- $62 / 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 $499 $89,000 $6,300 $82,700
2023 $451 $89,000 $6,300 $82,700
2022 $448 $89,000 $6,300 $82,700
2021 $448 $89,000 $6,300 $82,700
2020 $503 $89,000 $6,300 $82,700
2019 $1,794 $65,400 $4,900 $60,500
2018 $1,688 $65,400 $4,900 $60,500
2017 $389 $65,400 $4,900 $60,500
2016 $1,592 $65,400 $4,900 $60,500
2015 -- $65,400 $4,900 $60,500
2014 -- $65,400 $4,900 $60,500
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1647223

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-079-640-0005-031-000