$799,000
PENDING $50K PRICE DROP

547 Potomac Ave Buffalo, NY 14222

Elmwood Bidwell Neighborhood

Estimated payment $5,210/month

Total Views 21,899
5 Beds
-- Bath
5,838 Sq Ft
$137 Price per Sq Ft

Highlights

  • Property is near public transit
  • 2 Fireplaces
  • Coin Laundry
  • Wood Flooring
  • Forced Air Heating System
  • 3-minute walk to Bidwell Parkway

About This Home

Are you considering incorporating a long-term investment into your real estate portfolio? This recently updated apartment building located at 547 Potomac has distinguished character, charm, and a prime location just steps away from one of Buffalo's most sought-after walkable neighborhoods. The property has undergone significant enhancements in recent years, including renovated kitchens and bathrooms, a newer roof, driveway, multiple new windows, and more. Constructed in the late 1800s, the property features period moldings, separate electric meters, off-street parking, a full basement equipped with coin-operated laundry facilities, security cameras, and a mix of studio, one-bedroom, and two-bedroom apartments. Each apartment offers unique features that consistently attract interested applicants, ensuring minimal vacancies. Furthermore, each unit comes with a designated parking spot, providing added convenience. This promising investment opportunity is truly plug and play

Listing Agent

Todd Vanderlip

Listing by Park Realty of WNY LLC Brokerage Email: ToddVanderlip@gmail.com License #10491209533 Listed on: 02/05/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,128

Year Built

  • Built in 1890

Lot Details

  • 7,971 Sq Ft Lot
  • Lot Dimensions are 49x160
  • Rectangular Lot

Home Design

  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 5 Bedrooms
  • 5,838 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Vinyl

Parking

  • 1 Parking Space
  • No Garage
  • Driveway

Location

  • Property is near public transit

Utilities

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

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 140200-089-690-0004-006-000

Community Details

Overview

  • 6 Units
  • Stevens Surv Subdivision

Additional Features

  • Coin Laundry
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,128

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Property Type: Multi Family
  • Rent Includes: Heat, Hot Water, Snow Removal, Trash Collection, Water
  • Year Built: 1890
  • Attribution Contact: ToddVanderlip@gmail.com
  • ResoLaundryFeatures: Common Area, Coin-operated
  • Lot Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street, Main Thoroughfare
  • Subdivision Name: Stevens Surv
  • Directions: Richmond to Potomac towards Elmwood
  • Flooring: Carpet, Hardwood, Varies, Vinyl
  • Garage Yn: No
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Refrigerator
  • Basement: Full
  • Basement YN: Yes
  • Total Bedrooms: 5
  • Fireplaces: 2
  • Stories: 3
  • Stories: 3

Exterior Features

  • Acres: 0.183
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Siding
  • Exterior Features: Blacktop Driveway

Garage/Parking

  • Parking Features: One Space, No Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Laundry Facilities, Other, See Remarks
  • Senior Community: No

Schools

  • Junior High Dist: Buffalo

Lot Info

  • Parcel Number: 140200-089-690-0004-006-000
  • Lot Dimensions: 49X160
  • Lot Size Sq Ft: 7971.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 6
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 12128.0
  • Tax Lot: 6

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/05/2025 11/05/25 Pending -- -- --
05/23/2025 05/23/25 For Sale $799,000 0.0% $137 / Sq Ft
04/18/2025 04/18/25 Pending -- -- --
03/04/2025 03/04/25 Price Changed $799,000 -5.9% $137 / Sq Ft
02/05/2025 02/05/25 For Sale $849,000 0.0% $145 / Sq Ft
06/01/2020 06/01/20 Rented $10,800 +1100.0% --
02/22/2020 02/22/20 Price Changed $900 -7.7% $0 / Sq Ft
01/08/2020 01/08/20 For Rent $975 0.0% --
09/05/2018 09/05/18 Sold $525,000 -1.0% $90 / Sq Ft View Prior Sale
05/24/2018 05/24/18 Pending -- -- --
05/22/2018 05/22/18 Price Changed $530,500 -7.8% $91 / Sq Ft
05/07/2018 05/07/18 For Sale $575,500 -- $99 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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

MLS Number: B1587109

Western New York Real Estate Information Services (WNYREIS)
New York Erie County Buffalo 14222 Elmwood Bidwell

547 Potomac Ave, Buffalo, NY

Pending

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Western New York Real Estate Information Services (WNYREIS) The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, UNYREIS and WNYREIS. Real estate listings held by firms other than Homes.com, LLC are marked with the IDX logo and include the Listing Broker’s Firm Name.
Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties
are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Homes.com, LLC shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
© 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.

Nearby Homes
Todd Vanderlip
Listing Agent
Todd Vanderlip
Section Image
Park Realty of WNY LLC
(716) 641-3237