Large Two Family Value-Add Investment Opportunity with Spacious rooms featuring 6 total bedrooms with both units vacant and ready for renovation, ideal for investors or owner-occupants looking to customize and build equity. Each unit offers large living room and dining room, 3 large bedrooms, full bathrooms, and oversized kitchens with pantry rooms. The property showcases hardwood floors throughout, extensive original woodwork and pocket doors, giving strong character once restored. The home has separate entrances 499 (left side) for lower apartment — and 497 (right side) for upper apartment Additional features include a full large basement and a full attic, Excellent value-add opportunity renovate and significantly increase rental income and property value.
Perfect for rental portfolio, or resale project.
Pending
$99,900
497-499 Riley St, Buffalo, NY 14208
6beds
2,380sqft
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$42/sqft
$-- HOA
What's special
Full large basementHardwood floors throughoutDining roomPocket doorsExtensive original woodworkFull attic
- 72 days |
- 53 |
- 0 |
Zillow last checked:
Listing updated:
Listing by:
Arrowhead Property Management, LLC 315-783-6374,
Chaya Adelman 347-463-2614
Source: NYSAMLSs,MLS#: B1662192
Originating MLS: Buffalo
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Gas, Forced Air
Appliances
- Included: Gas Water Heater
Features
- Flooring: Other, See Remarks
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,380
- Total interior livable area: 2,380 sqft
Property
Parking
- Parking features: Other, See Remarks
Features
- Levels: Two
- Stories: 2
Lot
- Size: 3,149.39 Square Feet
- Dimensions: 30 x 105
- Features: Rectangular, Rectangular Lot, Residential Lot
Details
- Parcel number: 1402001005100003003000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Other, See Remarks
Condition
- Resale
- Year built: 1900
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Holland Lands Company's S
Location
- Region: Buffalo
Financial & listing details
- Price per square foot: $42/sqft
- Tax assessed value: $40,000
- Annual tax amount: $700
- Date on market: 2/13/2026
- Cumulative days on market: 72 days
- Listing terms: Cash
Estimated market value
Not available
Estimated sales range
Not available
$1,414/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/17/2026 | Pending sale | $99,900$42/sqft |
Source: | ||
| 2/13/2026 | Listed for sale | $99,900$42/sqft |
Source: | ||
| 2/3/2026 | Listing removed | $99,900$42/sqft |
Source: | ||
| 8/19/2025 | Pending sale | $99,900$42/sqft |
Source: | ||
| 8/13/2025 | Listed for sale | $99,900$42/sqft |
Source: | ||
| 7/18/2025 | Pending sale | $99,900$42/sqft |
Source: | ||
| 7/7/2025 | Price change | $99,900-8.3%$42/sqft |
Source: | ||
| 6/19/2025 | Price change | $109,000-8.4%$46/sqft |
Source: | ||
| 5/23/2025 | Listed for sale | $119,000$50/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Kingsley
Nearby schools
GreatSchools rating
- 2/10Community School 53 At 4Grades: PK-8Distance: 0.3 mi
- 6/10Buffalo Academy For The Visual And Perform ArtsGrades: 5-12Distance: 0.7 mi
- 2/10Ps 59 Dr Charles Drew Science MagnetGrades: PK-8Distance: 0.3 mi
Schools provided by the listing agent
- District: Buffalo
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- New York
- Erie County
- Buffalo
- 14208
- Kingsley
- 497-499 Riley St







