$165,000

Estimated payment $1,061/month

Total Views 457
4 Beds
3 Baths
2,409 Sq Ft
$68 Price per Sq Ft

Highlights

  • Property is near public transit
  • Marble Flooring
  • 3 Car Garage
  • City Honors School At Fosdick Masten Park Rated A
  • Forced Air Heating System
  • Rectangular Lot

About This Home

Introducing 397 Grant St., an updated three-unit property positioned in one of Buffalo’s strongest rental corridors. This turn-key multifamily delivers $2,445 in monthly income, offering immediate returns and minimal maintenance concerns thanks to renovations done throughout. Set in the heart of the West Side, tenants benefit from unmatched convenience—quick access to downtown Buffalo, an easy route to Canada, and walkability to a wide range of local retailers, markets, cafés, restaurants, and schools. Demand in this neighborhood remains consistently high, making vacancy rare and cash flow reliable. With modern improvements, stable income, and a location that continues to grow in popularity, this property stands out as a smart, ready-to-perform addition to any investment portfolio.

Listing Agent

Melissa Matera Gerace

Listing by Howard Hanna WNY Inc Brokerage Phone: 716-472-3533 License #10401285971 Listed on: 08/20/2026

Howard Hanna WNY Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,856

Year Built

  • Built in 1925

Lot Details

  • 2,850 Sq Ft Lot
  • Lot Dimensions are 28x100
  • Rectangular Lot

Parking

  • 3 Car Garage

Home Design

  • Triplex
  • Brick Exterior Construction
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 2,409 Sq Ft Home
  • 2-Story Property
  • Marble Flooring
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit

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 46
  • Assessor Parcel Number 140200-088-750-0003-046-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,856

Year Built

Built in 1925

Lot Details

2,850 Sq Ft Lot

Parking

3

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Water
  • Year Built: 1925
  • Attribution Contact: 716-472-3533
  • Lot Features: Near Public Transit, Rectangular, Rectangular Lot
  • Directions: On Grant, between Garner and Potomac.
  • Architectural Style: Triplex
  • Flooring: Marble, Varies
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Partial
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.07
  • Waterfront: No
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Stone

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: No Driveway

Utilities

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

Schools

  • Junior High Dist: Buffalo

Lot Info

  • Parcel Number: 140200-088-750-0003-046-000
  • Lot Dimensions: 28X100
  • Lot Size Sq Ft: 2850.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: Other - See Remarks

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: 1856.0
  • Tax Lot: 46

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,528 $170,000 $21,000 $149,000
2024 $420 $75,000 $5,100 $69,900
2023 $380 $75,000 $5,100 $69,900
2022 $377 $75,000 $5,100 $69,900
2021 $377 $75,000 $5,100 $69,900
2020 $231 $75,000 $5,100 $69,900
2019 $823 $30,000 $3,700 $26,300
2018 $775 $30,000 $3,700 $26,300
2017 $178 $30,000 $3,700 $26,300
2016 $730 $30,000 $3,700 $26,300
2015 -- $30,000 $3,700 $26,300
2014 -- $30,000 $3,700 $26,300
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/20/2026 08/20/26 For Sale $165,000 +23.4% $68 / Sq Ft
10/13/2020 10/13/20 Sold $133,700 -10.8% $56 / Sq Ft View Prior Sale
02/06/2020 02/06/20 Pending -- -- --
01/22/2020 01/22/20 For Sale $149,900 -- $62 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $133,700 None Available
Warranty Deed $70,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $100,275 New Conventional
Previous Owner $50,000 New Conventional
Previous Owner $35,750 Fannie Mae Freddie Mac
Source: Public Records

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

MLS Number: B1709114

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-088-750-0003-046-000

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