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163 16th St, Buffalo, NY, 14213

4beds
4baths
3,290sqft
$249,000
$76price/sqft
$2,304/moest. monthly cost
$92,160/yrincome needed

About This Home

Investors Welcome! Fully rented with good paying tenants. There's a rehab single in rear with great potential included in sale. About five minutes to Downtown Buffalo, a walks distance to Elmwood Village, Allentown, General Hospital, Five Points, Lasalle Park, soon to be Ralph Wilson Park in 2026, Front Park, The Peace bridge and more.

Getting Around

88
WalkingVery Walkable
49
TransitSome Transit
82
BikeVery Bikeable

Construction

Condition

  • Property condition: Resale
  • Year built: 1870

Materials

  • Roof: Asphalt
  • Construction materials: Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Partial

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Flooring: Carpet,Hardwood,Laminate,Luxury Vinyl,Varies

Heating

  • Heating features: Gas,Forced Air

Interior Area

  • Total structure area: 3,290
  • Total interior livable area: 3,290 sqft

Property

Details

  • Parcel number: 1402000996000004035000
  • Special condition: Standard

Features

  • Exterior features: Fully Fenced
  • Fencing: Full

Lot

  • Lot size: 4,451 sqft
  • Features: Near Public Transit,Rectangular,Rectangular Lot,Residential Lot
  • Lot size dimensions: 28 x 159

Parking

  • Parking features: No Driveway,On 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
  • 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 $1,259$15,108
Home Insurance *$146$1,752
Property Taxes $356$4,272
Electricity $543$6,524
Total$2,304$27,648
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$78,994/yr
40% on housing$69,120/yr
45% on housing$61,440/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

$76This listing

vs Other Active Listings

Avg $/sqft

ZIP 14213$109
Erie County$156

vs Homes Sold Last Month

Median $/sqft

ZIP 14213$125
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
2026-08-08Price change$244,000
2026-07-31Price change$249,000
2026-07-23Price change$255,000
2026-07-14Price change$260,000
2026-07-03Price change$285,000
2026-05-20Listed for sale$299,000
2026-05-10Listing removed$310,000
2026-01-12Price change$310,000
2025-12-25Price change$315,000
2025-12-02Price change$325,000
2025-11-10Listed for sale$350,000
2025-03-17Listing removed$285,000
2025-02-02Listed for sale$285,000
2025-02-01Listing removed$289,900
2025-01-25Price change$289,900
2024-10-01Price change$299,900
2024-09-09Price change$339,900
2024-08-23Price change$344,900
2024-07-31Listed for sale$349,900
2010-10-05Sold$11,000
2009-12-18Sold$5,500
2008-05-11Listing removed$34,900
2008-02-15Listed for sale$34,900
1994-12-30Sold$27,000

For Sale by Agent

AgentDavid Deynes
BrokerageKeller Williams Realty WNY

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