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36 Colorado Ave, Buffalo, NY, 14211

3beds
2baths
1,449sqft
$135,000
$93price/sqft
$1,256/moest. monthly cost
$50,240/yrincome needed

About This Home

Welcome to this spacious multi-family home offering great potential for investors or owner-occupants. The first-floor unit features 3 bedrooms, 1 full bath, a formal dining room, and a functional kitchen with plenty of cabinet space. The upper unit mirrors the same layout with 2 bedrooms and 1 full bath, providing comfortable living for tenants or extended family. Both units offer generously sized rooms and a practical floor plan, making this property highly attractive for long-term rental income. 1st fl is tenant occupied and pays $1100 per month.With strong demand in the Buffalo market, this is a great chance to add a high-yield property to your portfolio. Conveniently located near shopping, schools, and public transportation, this home combines space, location, and opportunity.

Getting Around

59
WalkingSomewhat Walkable
48
TransitSome Transit
44
BikeSomewhat Bikeable

Construction

Condition

  • Property condition: Resale
  • Year built: 1928

Materials

  • Construction materials: Vinyl Siding,Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Carpet,Hardwood,Luxury Vinyl,Varies

Heating

  • Heating features: Gas,Hot Water

Interior Area

  • Total structure area: 1,449
  • Total interior livable area: 1,449 sqft

Property

Details

  • Parcel number: 1402001014700005007000
  • Special condition: Standard

Lot

  • Lot size: 3,541 sqft
  • Features: Rectangular,Rectangular Lot,Residential Lot
  • Lot size dimensions: 30 x 118

Parking

  • Parking features: One Space

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 $682$8,184
Home Insurance *$135$1,620
Property Taxes $193$2,316
Electricity $246$2,954
Total$1,256$15,072
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$43,062/yr
40% on housing$37,680/yr
45% on housing$33,493/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

$93This listing

vs Other Active Listings

Avg $/sqft

ZIP 14211$86
Erie County$156

vs Homes Sold Last Month

Median $/sqft

ZIP 14211$97
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
2025-08-29Listed for sale$139,000
2021-09-30Sold$47,000

For Sale by Agent

AgentShirajum Monira
BrokerageKeller Williams Realty WNY

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