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.

Facts and features

Schools

• Lafayette International School

  high · 9-12 · 0.5 mi

  1

• Lafayette High School

  high · 12 · 0.5 mi

• Buffalo Seminary

  high · 9-12 · 0.5 mi

• International School

  elementary · K-8 · 0.6 mi

  2

• Mckinley Vocational High School

  high · 9-12 · 0.7 mi

  1

• Native American Magnet

  elementary · K-8 · 0.8 mi

  2

Price history

• Sep 18, 2026 · Listed$629,000
• Dec 15, 2011 · Sold$160,000
• May 2, 2010 · Listing Removed$169,000
• Feb 18, 2010 · Price Changed$169,000
• Oct 21, 2009 · Listed$200,000

Tax history

• 2026$1,931 tax · $584,800 assessed
• 2025$1,989 tax · $584,800 assessed
• 2024$1,798 tax · $355,000 assessed
• 2023$1,844 tax · $355,000 assessed
• 2022$2,172 tax · $432,000 assessed
• 2021$2,177 tax · $432,000 assessed
• 2020$908 tax · $118,000 assessed
• 2018$4,194 tax · $118,000 assessed

Where it is