Property photo 1
Property photo 2
5 Beds
0 Baths
4,739 sqft

$225,000

203 Auburn Avenue, Buffalo NY, 14213

Price per sqft$47.48
Built in1910
Property size4,739 sqft
Property typeOther

Overview

Active

Listed Aug 26, 2026

Updated Sep 3

Ready, set, invest. Seize this exceptional, fully stabilized 5-unit multi-family asset located in one of Buffalo’s most resilient and high-demand rental pockets. Engineered for immediate cash flow, this turnkey offering delivers the rare trifecta of strength, scale, and a projected 10%+ cap rate. Property Highlights & Capital Improvements: Wrapped in low-maintenance vinyl siding, ensuring long-term curb appeal and reduced exterior upkeep costs. Features a newer architectural roof, offering peace of mind and substantial capital preservation for years to come. Solid, well-maintained mechanicals tailored to stand up to tenant turnover and the Western New York climate. Turnkey Operations: Fully optimized for immediate onboarding—generate revenue from day one. Buffalo continues to rank as a premier Midwest/Rust Belt market for savvy real estate investors, driven by robust renter demand, affordable entry points, and strong yields. Cap Rate: Approaching 10% at current market rents, making this a powerhouse addition to any scaling or cash-flowing portfolio. A rare 5-unit configuration that maximizes income potential while remaining manageable for remote or local management teams. Owner pays most utilities. Equal Housing Opportunity !

$1,497/mo

Est. mortgage payment based on a $225,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
B1710263

Interior Features

Bedrooms
5
Bathrooms
0
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.08 Acres

Other Property Details

Taxes
$6,749
Tax Frequency
Annually
MLS provider logo

 

Courtesy of Iconic Real Estate, Ayat Nieves

Disclaimer: Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Claire Starusnak shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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 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), Claire Starusnak, nor Luxury Presence shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

©2026 CNYIS, UNYREIS, WNYREIS. All rights reserved.

Data last updated 4:01 AM UTC, 9/3/2026

Powered by Luxury Presence