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223 Merrimac St, Buffalo, NY, 14214

5beds
2baths
1,658sqft
$189,900
$115price/sqft
$1,609/moest. monthly cost
$64,360/yrincome needed

About This Home

Seller will consider offer starting at $189,900. Cash flowing, single-Family Home in Buffalo’s University Heights District grossing $27240 annually between the 5 tenants! Located within walking distance of SUNY University at Buffalo South Campus, this single-family property is a strong option for both investors and owner-occupants. The home offers 5 total bedrooms, including 3 first-floor bedrooms with a full bathroom, and 2 LARGE additional bedrooms with another full bathroom on the second floor, providing flexible living arrangements. The exterior features ample off-street parking with a private driveway. A large rebuilt wooden deck overlooks a sizeable backyard with mature trees that offer natural shade during the summer months. A well-situated property in a high-demand rental and residential area with convenient access to campus, public transportation, and neighborhood amenities.

Getting Around

71
WalkingVery Walkable
49
TransitSome Transit
62
BikeBikeable

Schools

1/10
Highgate HeightsGrades PK-81.4 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1935

Materials

  • Foundation: Block
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cape Cod
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Appliances Negotiable,Gas Water Heater
  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 1
  • Main level bedrooms: 3

Features

  • Eat-in Kitchen,Bedroom on Main Level
  • Flooring: Hardwood,Varies,Vinyl

Heating

  • Heating features: Gas,Forced Air

Interior Area

  • Total structure area: 1,658
  • Total interior livable area: 1,658 sqft

Property

Details

  • Parcel number: 1402000794500005026000
  • Special condition: Standard

Features

  • Exterior features: Blacktop Driveway

Lot

  • Lot size: 4,024 sqft
  • Features: Other,Near Public Transit,Rectangular,Rectangular Lot,Residential Lot,See Remarks
  • Lot size dimensions: 30 x 132

Parking

  • Parking features: 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
    Cold WaveRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Winter Weather
Tsunami

FEMA Declared Disasters in Erie County and New York

Flood
Severe Storm
Snowstorm
Winter Storm

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

MonthlyAnnual
Mortgage $960$11,520
Home Insurance *$103$1,236
Property Taxes $272$3,264
Electricity $274$3,288
Total$1,609$19,308
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$55,165/yr
40% on housing$48,270/yr
45% on housing$42,906/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

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.

Insurance Growth Rate5-year average: 6.9%
6.9%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.9%
-0.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$115This listing

vs Other Active Listings

Avg $/sqft

ZIP 14214$137
Erie County$156

vs Homes Sold Last Month

Median $/sqft

ZIP 14214$196
Erie County$190

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

DateEventPrice
2026-06-15Listed for sale$189,900
2024-09-06Sold$193,000
2024-06-26Pending sale$169,900
2024-06-12Listed for sale$169,900
2023-04-25Sold$150,000
2023-02-24Pending sale$159,900
2022-09-12Listed for sale$159,900
2022-03-03Listing removed--
2021-05-17Pending sale$129,900
2021-04-30Listed for sale$129,900
2011-05-12Sold$58,000
2011-02-23Listed for sale$59,900
2006-12-22Sold$69,000
2005-10-03Sold$60,000

For Sale by Agent

AgentPatrick Sportelli
BrokerageWNY Metro Roberts Realty

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