340 Elmwood Ave, Buffalo, NY, 14222
About This Home
VERY UNIQUE INVESTMENT OPPORTUNITY. PRIME BUFFALO LOCATION ON THE ELMWOOD VILLAGE STRIP. 340 ELMWOOD IS A COMBINATION APARTMENT BUILDING AND ROOM HOUSE. 340 ELMOWOOD HAS OPERATED UNDER A ROOMING HOUSE WITH LICENSES FOR MANY YEARS. PROPERTY IS IN A+ CONDITION. ROOF AND MECNANICALS ARE APPROX. 8 YEARS OLD. ALL UTITLTIES AREE INCLUDED IN RENTS. TENANTS ARE LEASED AND ALSO MONTH TO MONTH. THERE IS A SHARED DRIVEWAY, WITH ROOM TO EXPAND PARKING ON THE 200FT. DEEP LOT! PLEASE SEE SUPPLIMENTS FOR INCOME AND EXPENSES. BUILDING HAS MOSTLY ALL REPLACEMENT WINDOWS, NEWER ROOF AND MECHANICALS. THERE ARE 7 INDIVIDUAL ROOMS THAT SHARE TWO MODERN BATHROOMS THERE IS 1 SINGLE BEDROOM APARTMENT. THEERE ARE 3 MODIFIED STUDIO STYLE UNITS PROPERTY IS CURRENTLY MANAGED PROFESSIONALLY BY A 3RD PARTY MANAGER. 1-3 UNITS WILL BE SHOWN ON 1ST TOUR. PLEASE ALLOW 48 HOURS FOR APPOINTMENTS, THANK YOU
Getting Around
Very Walkable
Good Transit
Biker's ParadiseSchools
Construction
Condition
- Property condition: Resale
- Year built: 1900
Materials
- Roof: Asphalt
- Construction materials: Brick,Frame
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Gas Water Heater,See Remarks
Basement
- Has basement: Yes
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 1
Features
- Flooring: Hardwood,Tile,Varies,Vinyl
Heating
- Heating features: Gas,Forced Air,Hot Water
Interior Area
- Total structure area: 4,970
- Total interior livable area: 4,970 sqft
Property
Details
- Parcel number: 1402001006100004004000
- Special condition: Standard
Features
- Stories: 3
- Exterior features: Blacktop Driveway,Concrete Driveway
Lot
- Lot size: 6,799 sqft
- Features: Rectangular,Rectangular Lot,Residential Lot
- Lot size dimensions: 34 x 200
Parking
- Parking features: Three or more Spaces,No Garage,Shared 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
- 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 | $3,033 | $36,396 |
| Home Insurance * | $251 | $3,012 |
| Property Taxes | $859 | $10,308 |
| Electricity | $821 | $9,856 |
| Total | $4,964 | $59,568 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-12 | Price change | $599,900 |
| 2025-11-09 | Price change | $639,900 |
| 2025-05-18 | Price change | $675,000 |
| 2025-01-13 | Listed for sale | $699,900 |
| 2018-01-11 | Listing removed | $450 |
| 2018-01-08 | Listed for rent | $450 |
| 2013-05-10 | Sold | $130,000 |
| 2012-06-30 | Listing removed | $198,900 |
| 2012-06-20 | Listed for sale | $198,900 |
| 2008-05-12 | Listing removed | $269,777 |
| 2008-04-29 | Listed for sale | $269,777 |
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