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883 Richmond Ave, Buffalo, NY, 14222

6beds
2baths
2,464sqft
$300,000
$122price/sqft
$2,478/moest. monthly cost
$99,120/yrincome needed

About This Home

**Attention Investors, Flippers, and DIY Enthusiasts!** Bring your vision to this classic turn-of-the-century American Foursquare duplex located on highly desirable Richmond Avenue. Situated in the heart of Buffalo, this property offers incredible upside potential and is being sold strictly **AS-IS**. This property features highly sought-after, completely separate mechanicals. Tenants pay their own gas and electric, with the landlord only responsible for the shared water bill. The full basement also provides separate, dedicated washer and dryer hookups for both units. In 2020, a tear-off roof was completed. The Buffalo Certificate of Occupancy is in process. The home is in move-in condition. **Property Status & Renovation Needs:** This home requires a full cosmetic rehabilitation to maximize its rental yield or resale value: * **Kitchens & Baths:** Both units require completely new kitchens and bathrooms. * **First Floor Kitchen:** Currently requires the use of a small apartment oven (not included) or a relocation of the gas pipe for the oven. The kitchen is functional and usable. * **Second Floor Kitchen:** Currently functional and usable, though the refrigerator partially blocks the doorway leading up to the attic. * **Windows & Exterior:** Several windows throughout both apartments require repair or complete replacement. The exterior wood siding requires scraping and a fresh coat of paint. Proof of funds or a formal pre-approval letter must be submitted with all offers. Unlock the massive equity hidden in this historic Richmond Avenue duplex. Schedule your walkthrough today!

Getting Around

81
WalkingVery Walkable
46
TransitSome Transit
84
BikeVery Bikeable

Schools

2/10
International SchoolGrades PK-80.6 mi
1/10
Ps 17Grades PK-41.2 mi

Construction

Condition

  • Year built: 1900

Materials

  • Roof: Asphalt
  • Construction materials: Wood

Type & Style

  • Home type: MultiFamily

Interior

Appliances

  • Appliances included: Refrigerator

Basement

  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Hardwood,Linoleum / Vinyl

Heating & Cooling

  • Heating features: Forced air,Gas
  • Cooling features: None

Interior Area

  • Total interior livable area: 2,464 sqft

Property

Details

  • Parcel number: 1402008961238

Features

  • Exterior features: Wood

Lot

  • Lot size: 3,450 sqft

Parking

  • Total spaces: 2
  • Parking features: Off-street

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
  • Inland Flooding
    Inland FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Winter Weather
Inland Flooding
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 $1,516$18,192
Home Insurance *$125$1,500
Property Taxes $430$5,160
Electricity $407$4,886
Total$2,478$29,736
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$84,960/yr
40% on housing$74,340/yr
45% on housing$66,080/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

$122This listing

vs Other Active Listings

Avg $/sqft

ZIP 14222$186
Erie County$156

vs Homes Sold Last Month

Median $/sqft

ZIP 14222$218
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)

No zestimate history available

Price History

DateEventPrice
2026-06-17Listed for sale$300,000
2004-03-12Sold$72,000
2003-11-26Sold$79,223
1999-03-31Sold$60,000

For Sale by Owner

AgentProperty Owner

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