285 Ashland Ave, Buffalo, NY, 14222
About This Home
Well-maintained 5-unit property located on prime Ashland Avenue just off Lexington in one of Buffalo’s most desirable neighborhoods. The building consists of four 1-bedroom units and one spacious 2-bedroom unit, offering a strong and flexible unit mix. Four of the units have separate electric meters, providing added convenience for management and expense allocation. Four of the five units are currently on month-to-month leases, presenting immediate upside potential for rent adjustments or repositioning. The property sits on a generous lot with a sizable backyard, adding additional appeal for tenants. Interior features include beautiful original woodwork and stained glass windows, preserving the character and charm throughout. The roof is less than 10 years old. Seller is open to considering seller-held financing for qualified buyers with acceptable terms. Conveniently located near Elmwood Village, Bidwell Park, shopping, dining, and public transportation. A solid investment opportunity in a high-demand rental area.
Getting Around
Walker's Paradise
Some Transit
Very BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1900
Materials
- Roof: Asphalt
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Gas Oven,Gas Range,Gas Water Heater,Refrigerator,See Remarks
Basement
- Has basement: Yes
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 5
Features
- Flooring: Carpet,Hardwood,Varies,Vinyl
Heating
- Heating features: Gas,Forced Air
Interior Area
- Total structure area: 4,107
- Total interior livable area: 4,107 sqft
Property
Details
- Parcel number: 1402001003700004018000
- Special condition: Standard
Features
- Stories: 3
Lot
- Lot size: 4,791 sqft
- Features: Near Public Transit,Rectangular,Rectangular Lot,Residential Lot
- Lot size dimensions: 44 x 42
Parking
- Parking features: None,No Driveway,No Garage
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
- 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 | $2,274 | $27,288 |
| Home Insurance * | $188 | $2,256 |
| Property Taxes | $644 | $7,728 |
| Electricity | $678 | $8,144 |
| Total | $3,784 | $45,408 |
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 |
|---|---|---|
| 2026-05-01 | Listed for sale | $449,777 |
| 2024-11-17 | Listing removed | $850 |
| 2024-11-06 | Listed for rent | $875 |
| 2024-08-24 | Listing removed | -- |
| 2024-08-01 | Listed for rent | $850 |
| 2024-04-20 | Listing removed | -- |
| 2024-04-10 | Listed for rent | $825 |
| 2019-09-28 | Listing removed | $625 |
| 2019-08-28 | Listed for rent | $625 |
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