423 Forest Buffalo, NY 14213
Elmwood Bidwell NeighborhoodEstimated payment $4,416/month
Highlights
- Deck
- Property is near public transit
- Forced Air Heating and Cooling System
- City Honors School At Fosdick Masten Park Rated A
- Wood Flooring
- Coin Laundry
About This Home
Prime location meets strong investment potential in this fully renovated 6-unit residential rental property. Situated just steps from Buffalo’s vibrant Elmwood Village and within close proximity to Buffalo State University, the Albright Knox Art Museum (AKG), Burchfield Penney Art Center, and Buffalo Historical Museum. Completely renovated in 2014, the Forest Avenue Lofts offers a desirable blend of updated finishes and long-term rental stability. Improvements include updated kitchens and baths, plumbing, electrical, windows, and roof, providing peace of mind for ownership and continued appeal to tenants. The property features four spacious 2-bedroom apartments and two 3-bedroom apartments, offering a versatile unit mix attractive to a broad range of renters. Shared laundry adds convenience for residents. The property has been continuously occupied by long-term tenants, providing an established rental history and a strong foundation for an investor seeking a well-maintained, income-producing asset. With its exceptional location, substantial 2014 renovations, desirable unit mix, and proximity to some of Buffalo’s most prominent cultural, educational, and neighborhood amenities, this is an excellent opportunity to acquire a stabilized 6-unit residential investment in one of the city’s most sought-after areas.
Listing Agent
Listing by Howard Hanna WNY Inc. Brokerage Phone: 716-713-5045 License #40HA1118942 Listed on: 09/18/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,377
Year Built
- Built in 1910
Lot Details
- 3,950 Sq Ft Lot
- Lot Dimensions are 39x100
- Rectangular Lot
Parking
- No Garage
Home Design
- Frame Construction
- Vinyl Siding
Interior Spaces
- 6 Bedrooms
- 6,498 Sq Ft Home
- 3-Story Property
- Partial Basement
Kitchen
- Gas Oven
- Gas Range
Flooring
- Wood
- Ceramic Tile
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
Additional Features
- Deck
- Property is near public transit
Listing and Financial Details
- Tax Lot 2
- Assessor Parcel Number 140200-088-680-0005-002-000
Community Details
Overview
- 6 Units
- Buffalo Subdivision
Additional Features
- Coin Laundry
- 7 Separate Gas Meters
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,990 | $584,800 | $39,000 | $545,800 |
| 2024 | $1,990 | $355,000 | $39,000 | $316,000 |
| 2023 | $1,799 | $355,000 | $39,000 | $316,000 |
| 2022 | $2,172 | $355,000 | $39,000 | $316,000 |
| 2021 | $2,172 | $432,000 | $39,000 | $393,000 |
| 2020 | $908 | $432,000 | $39,000 | $393,000 |
| 2019 | $4,538 | $118,000 | $5,900 | $112,100 |
| 2018 | $4,195 | $118,000 | $5,900 | $112,100 |
| 2017 | $357 | $118,000 | $5,900 | $112,100 |
| 2016 | $2,008 | $60,000 | $5,900 | $54,100 |
| 2015 | -- | $60,000 | $5,900 | $54,100 |
| 2014 | -- | $60,000 | $5,900 | $54,100 |
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 |
|---|---|---|---|---|
| 09/18/2026 09/18/26 | For Sale | $629,000 | -- | $97 / Sq Ft |
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 |
|---|---|---|---|
| Referees Deed | $85,000 | None Available | |
| Warranty Deed | $160,000 | None Available | |
| Foreclosure Deed | $146,800 | None Available | |
| Warranty Deed | $11,000 | -- |
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 | $417,563 | Commercial | |
| Previous Owner | $250,000 | Commercial | |
| Previous Owner | $80,000 | Commercial | |
| Previous Owner | $80,000 | Commercial | |
| Previous Owner | $5,000 | Commercial |
Source: Western New York Real Estate Information Services (WNYREIS)
MLS Number: B1714370
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