582 Michigan Ave, Buffalo, NY, 14203
About This Home
582 Michigan Ave is an oversized multi family situated just down the street from the hustle and bustle of Downtown Buffalo. This 2,300 square foot home comes with 3 beds in 1 unit and 2 beds in another plus a full size attic and is ready to take on the future! The current owner has done a complete asbestos abatement with documentation, installed a new metal roof, took care of the brick exterior pointing, and even had the inside framed out making it the perfect project starter. City of Buffalo was also just allocated $16,000,000 to redo all of Michigan Ave including, new sidewalks, parks, street lights, and more in 2027! Also included is 61 Sycamore St, the property directly behind, that will allow you to make a driveway with a garage and to top it all off there is a potential Federal tax credit due to the home being apart of the African American Heritage Corridor!
Getting Around
Very Walkable
Good Transit
Very BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1850
Materials
- Foundation: Block
- Roof: Metal
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subType: Duplex,Multi Family
Interior
Appliances
- Appliances included: Gas Water Heater
Basement
- Has basement: Yes
- Basement: Partial
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Features
- Flooring: Hardwood,Varies
Heating
- Heating features: Gas,Forced Air
Interior Area
- Total structure area: 2,384
- Total interior livable area: 2,384 sqft
Property
Details
- Parcel number: 1402001114700006012000
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
Lot
- Lot size: 3,393 sqft
- Features: Rectangular,Rectangular Lot,Residential Lot
- Lot size dimensions: 29 x 115
Parking
- Parking features: No Driveway
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
- Inland Flooding
- Ice Storm
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Erie County and New York
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,010 | $12,120 |
| Home Insurance * | $118 | $1,416 |
| Property Taxes | $286 | $3,432 |
| Electricity | $393 | $4,727 |
| Total | $1,807 | $21,684 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-09 | Listed for sale | $199,900 |
| 2021-01-20 | Listing removed | -- |
| 2020-08-04 | Listed for sale | $299,900 |
| 2020-06-24 | Pending sale | $299,900 |
| 2020-05-02 | Listed for sale | $299,900 |
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