2473 Bailey Ave, Buffalo, NY, 14215
About This Home
Location !! Location !! Location!! This prime property on Bailey Avenue is located in an N-3E zoning district, offering flexibility for a wide range of residential, commercial, and mixed-use development opportunities. The site includes a vacant lot and a convenient drive-through setup with capacity for approximately 10–15 vehicles—ideal for businesses seeking efficient, customer-friendly service. Included in the sale is an adjacent vacant lot (30 x 115, SBL: 140200-090-810-0001-041-000), adding valuable space and strong potential for future development or expansion. This well-maintained 4/4 double mixed-use building is perfectly suited for both owner-occupants and investors. Both Unit is currently vacant, providing immediate opportunity for customization or rental income. This property offers the unique opportunity for a purchaser to establish a business in the lower unit while occupying the upper unit as a residence. Ideally positioned near shopping, dining, and public transportation, this versatile property offers exceptional upside in a high-visibility location. Don’t miss this outstanding investment opportunity!
Getting Around
Somewhat Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1910
Materials
- Foundation: Stone
- Roof: Asphalt
- Construction materials: Wood Siding,PEX Plumbing
Type & Style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subType: Mixed Use,Duplex,Multi Family
Interior
Appliances
- Appliances included: Gas Water Heater
Basement
- Has basement: Yes
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Features
- Flooring: Tile,Varies,Vinyl
Heating
- Heating features: Gas,Forced Air
Interior Area
- Total structure area: 3,150
- Total interior livable area: 3,150 sqft
Property
Accessibility
- Accessibility features: Accessible Doors
Details
- Parcel number: 1402000908100001040000
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Exterior features: Fence
- Fencing: Partial
Lot
- Lot size: 3,449 sqft
- Features: Near Public Transit,Rectangular,Rectangular Lot,Residential Lot
- Lot size dimensions: 30 x 115
Parking
- Parking features: No Driveway
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
- Inland Flooding
- 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 | $1,263 | $15,156 |
| Home Insurance * | $163 | $1,956 |
| Property Taxes | $358 | $4,296 |
| Electricity | $520 | $6,246 |
| Total | $2,304 | $27,648 |
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 |
|---|---|---|
| 2026-04-22 | Listed for sale | $249,900 |
| 2026-01-01 | Listing removed | $279,900 |
| 2025-11-18 | Price change | $279,900 |
| 2025-09-22 | Listed for sale | $299,900 |
| 2024-10-09 | Listing removed | $299,900 |
| 2024-07-09 | Listed for sale | $299,900 |
| 2021-02-10 | Listing removed | -- |
| 2021-01-24 | Listed for rent | $800 |
| 2020-11-30 | Sold | $130,000 |
| 2020-08-17 | Pending sale | $155,000 |
| 2020-06-29 | Listed for sale | $155,000 |
| 2019-12-03 | Sold | $75,000 |
| 2019-08-31 | Pending sale | $69,900 |
| 2019-08-20 | Listed for sale | $69,900 |
| 2004-12-21 | Sold | $15,000 |
| 2001-01-02 | Sold | $17,000 |
| 1996-05-28 | Sold | $30,000 |
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