Prime Multifamily Investment Opportunity in Buffalo, NY!
Welcome to 318 Virginia Street, a well-maintained 4-unit multifamily property ideally situated on Buffalo’s vibrant West Side, just minutes from Downtown Buffalo and the waterfront. The building offers a strong unit mix featuring two 1-bedroom apartments and two spacious 3-bedroom units, appealing to a wide range of tenants.
This property delivers reliable rental income with upside potential through rent adjustments and light value-add improvements. Well-proportioned layouts, separate living spaces, and a highly convenient location support long-term tenant demand.
With close proximity to local shops, restaurants, parks, public transportation, and major commuter routes, 318 Virginia St presents an excellent opportunity for investors seeking cash flow and long-term appreciation in a desirable West Side neighborhood.
Additional opportunity: 308 and 348 Virginia Street may also be purchased together as a portfolio.
Welcome to 318 Virginia Street, a well-maintained 4-unit multifamily property ideally situated on Buffalo’s vibrant West Side, just minutes from Downtown Buffalo and the waterfront. The building offers a strong unit mix featuring two 1-bedroom apartments and two spacious 3-bedroom units, appealing to a wide range of tenants.
This property delivers reliable rental income with upside potential through rent adjustments and light value-add improvements. Well-proportioned layouts, separate living spaces, and a highly convenient location support long-term tenant demand.
With close proximity to local shops, restaurants, parks, public transportation, and major commuter routes, 318 Virginia St presents an excellent opportunity for investors seeking cash flow and long-term appreciation in a desirable West Side neighborhood.
Additional opportunity: 308 and 348 Virginia Street may also be purchased together as a portfolio.
Property Details
Price:
$450,000
MLS #:
B1650719
Status:
Active
Beds:
8
Baths:
5
Type:
Multi Family
Subtype:
MultiFamily
Subdivision:
City/Buffalo
Neighborhood:
buffalocity140200
Listed Date:
Nov 14, 2025
Finished Sq Ft:
4,976
Total Sq Ft:
4,976
Lot Size:
2,900 sqft / 0.07 acres (approx)
Year Built:
1900
Units:
5
See this Listing
Schools
School District:
Buffalo
Interior
Appliances
Gas Water Heater
Bathrooms
5 Full Bathrooms
Flooring
Hardwood, Tile, Varies, Vinyl
Heating
Gas, Baseboard
Exterior
Construction Materials
Other, See Remarks
Parking Features
No Driveway
Roof
Asphalt, Shingle
Financial
Taxes
$7,611
Map
Community
- Address318 Virginia Street Buffalo NY
- SubdivisionCity/Buffalo
- CityBuffalo
- CountyErie
- Zip Code14201
Subdivisions in Buffalo
- 200 Delaware Condo
- 200 Delaware Residential
- 2nd Amd Sub Map Fairmont
- 5 Points
- 770 West Ferry Condo
- 800 West Ferry Condo
- 900 Delaware Condo
- Admirals Walk Condo
- Allentown
- Apollos Stevens Surv
- Appollos Stevens Surv
- Appolos Stevens Surv
- Bailey Estate 01
- Bailey Estates
- Bailey-Lovejoy
- Bailey/Delavan
- Barker Square Condo
- Bird Farm
- Black Rock
- Bryant Parish Condo
- Buffalo
- Buffalo Crk Erservation
- Buffalo Crk Indian Reserv
- Buffalo Crk Resermation
- Buffalo Crk Reservation
- Central Park
- Churchyards Sub
- City Centre Condo
- City/Buffalo
- Cold Springs
- Colvin Estates
- Colvin Park 01
- Colvin Park Map #4
- Congress Street
- Delaware District
- Delaware Hill
- Delaware Tower Condo
- Delaware Tower Condos
- Downtown
- Drexel Add
- East Side
- Elmwood Strip
- Elmwood Village
- Estate/James H Metcalfe
- Executive Condo
- Executive Condo #704
- Executive Condo Un 704
- Ferry
- Ferry Lt
- Fillmore Leroy
- First Ward
- Fruit Belt
- George E Mann
- Gore
- Hamlin Park
- Highland Park
- Historic Warehouse Condo
- Historic Warehouse LLC
- Holland
- Holland Land
- Holland Land Co
- Holland Land Comapny’s Su
- Holland Land Companies Su
- Holland Land Company
- Holland Land Company Surv
- Holland Land Company’s
- Holland Land Company’s Su
- Holland Land Companys
- Holland Land Companys Sub
- Holland Land Companys Sur
- Holland Land Cos Curv
- HOLLAND LAND COS SURV
- Holland Lands Company’s S
- Homes Tr
- Hospital Hill
- Humboldt Park
- James Sperry’s Surv
- Jones
- Jones Tr
- Jones Tract
- Kaisertown
- Kensington
- Kensington Heights
- Kensington Park
- Land Field Sub Map 3
- Lands/Late North Vlg/Blac
- Lang Field 02
- Late South Vlg/Black Rock
- Late Vlg/Black Rock
- Lower West Side
- M Davey’s Surv
- Masten
- Masten Park
- Mile Reserve
- Mile Strip
- N3384/0001
- New York State Reservatio
- Niagara Hall Assoc
- Niagara River
- North Buffalo
- Ogden Gore Tr
- Parish
- Parish Tr
- Parish Tract
- Park Gardens Map 1
- Park Gardens Sub #2
- Park Gardens Sub 5
- Park Land Association Tr
- Park Land Associations
- Park Lane Condo
- Parkside
- Pasquale Condo
- Polonia
- River View Land Co
- Rivermist
- Rivermist Dev Ph 01
- Rivermist Dev Ph 1
- Riverside
- Schiller Park
- Section 89 70
- South Buffalo
- South Park Sub
- South Vlg/Black Rock
- St Marys Square Condo
- Steven’s Surv
- Stevens Surv
- Symphony Circle Condo
- Tarrytown Park
- University District
- University Heights
- University Park Sub
- Vernon Triangle
- Village/Black Rock
- Waterfront Village Pt I
- Waterfront Village Pt II
- West End Condo Bldg
- West Side
- Willert Park
- Woodside Land Co
Market Summary
Current real estate data for Multi Family in Buffalo as of Mar 07, 2026
277
Multi Family Listed
103
Avg DOM
97
Avg $ / SqFt
$279,467
Avg List Price
Property Summary
- Located in the City/Buffalo subdivision, 318 Virginia Street Buffalo NY is a Multi Family for sale in Buffalo, NY, 14201. It is listed for $450,000 To schedule a showing of MLS#b1650719 at 318 Virginia Street in Buffalo, NY, contact your Concrete Jungle Realty agent at 3472420937.
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Courtesy of HUNT Commercial Real Estate Corp. of Buffalo New York. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the New York State Alliance of MLSs. Detailed information about real estate listings held by brokerage firms other than Concrete Jungle Realty include the name of the listing broker. Neither the listing company nor Concrete Jungle Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. New York State Alliance of MLSs. All rights reserved. 318 Virginia Street
Buffalo, NY



