3315 Bailey Ave, Buffalo, NY, 14215
About This Home
Excellent investment opportunity in the highly desirable University District! This mixed-use property features four total units, including one commercial office space and three residential apartments, each offering 1 bedroom and 1 full bathroom. With multiple income streams and strong rental potential, this property is ideal for investors looking to expand their portfolio. Additional features include a full basement, full attic offering ample storage, a 3-car garage, and a blacktop driveway for convenient off-street parking. Located near universities, public transportation, shopping, restaurants, and other amenities, this is a prime income-producing property with excellent long-term potential.
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1930
Materials
- Foundation: Block
- Construction materials: Brick,Frame
Type & Style
- Home type: MultiFamily
- Architectural style: Fourplex
- Property subType: Mixed Use,Quadruplex,Multi Family
Interior
Appliances
- Appliances included: Gas Water Heater
Basement
- Has basement: Yes
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Features
- Flooring: Hardwood,Tile,Varies,Vinyl
Heating
- Heating features: Gas,Baseboard
Interior Area
- Total structure area: 4,800
- Total interior livable area: 4,800 sqft
Property
Accessibility
- Accessibility features: Accessible Doors
Details
- Parcel number: 1402000797300006041000
- Zoning description: Residential Multi Use
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
Lot
- Lot size: 3,920 sqft
- Features: Near Public Transit,Rectangular,Rectangular Lot,Residential Lot
- Lot size dimensions: 33 x 117
Parking
- Total spaces: 3
- Parking features: Paved,Two or More Spaces
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Winter Weather
- Heat Wave
- Inland Flooding
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Erie County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,769 | $21,228 |
| Home Insurance * | $229 | $2,748 |
| Property Taxes | $501 | $6,012 |
| Electricity | $793 | $9,518 |
| Total | $3,292 | $39,504 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-07 | Listed for sale | $349,900 |
| 2024-06-25 | Listing removed | -- |
| 2024-06-18 | Price change | $850 |
| 2024-06-04 | Listed for rent | $900 |
| 2023-08-31 | Sold | $299,999 |
| 2023-01-27 | Sold | $299,999 |
| 2022-11-28 | Pending sale | $299,999 |
| 2022-10-27 | Price change | $299,999 |
| 2022-10-24 | Price change | $325,000 |
| 2022-10-04 | Listed for sale | $369,000 |
| 2021-02-05 | Listing removed | -- |
| 2020-06-17 | Pending sale | $179,900 |
| 2020-06-09 | Price change | $179,900 |
| 2020-05-27 | Listed for sale | $189,900 |
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