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33 Tyler St, Buffalo, NY, 14214

12beds
3baths
3,148sqft
$599,900
$191price/sqft
$4,737/moest. monthly cost
$189,480/yrincome needed

About This Home

Exceptional investment opportunity in Buffalo’s highly desirable University District. This 12 bedroom property offers outstanding income potential and includes an updated, current Certificate of Occupancy, making it ready for immediate occupancy for the upcoming fall semester. With each bedroom projected to rent for approximately $575 per month, this property is positioned to generate strong cash flow from day one. Detailed income projections, expenses, and financial information are attached to the listing for your review. Whether you’re looking to expand your portfolio or acquire a turnkey student rental, this is an outstanding opportunity to own a high income producing investment property in a prime location close to the university, public transportation, shopping, and local amenities.

Getting Around

81
WalkingVery Walkable
51
TransitGood Transit
73
BikeVery Bikeable

Schools

1/10
Highgate HeightsGrades PK-81.1 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1919

Materials

  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Architectural style: Triplex
  • Property subType: Triplex,Multi Family

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 12
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Flooring: Hardwood,Laminate,Tile,Varies

Heating

  • Heating features: Gas,Forced Air

Interior Area

  • Total structure area: 3,148
  • Total interior livable area: 3,148 sqft

Property

Details

  • Parcel number: 1402000794600007016000
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 3,449 sqft
  • Features: Near Public Transit,Rectangular,Rectangular Lot,Residential Lot
  • Lot size dimensions: 30 x 115

Parking

  • Parking features: Concrete

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 $3,033$36,396
Home Insurance *$325$3,900
Property Taxes $859$10,308
Electricity $520$6,242
Total$4,737$56,844
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$162,411/yr
40% on housing$142,110/yr
45% on housing$126,320/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

$191This listing

vs Other Active Listings

Avg $/sqft

ZIP 14214$134
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
2026-08-11Price change$549,900
2026-07-20Listed for sale$599,900
2025-02-11Listed for rent$550

For Sale by Agent

AgentKevin McMullen
BrokerageTowne Housing Real Estate

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