397-399 University Avenue
Rochester, NY, 14607
$499,900
6 Beds
4 Baths
2,628 SqFt
0.11 Acres
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MLS #R1672250 image #0
A remarkable three-unit investment opportunity located just minutes from great restaurants, boutique shopping, cafes, and popular local hotspots. This lovingly-maintained multifamily property offers strong rental potential and is an excellent addition to any portfolio—ideal for both new and experienced investors.
The Rare, first-floor unit features three bedrooms, two full bathrooms, and the convenience of in-unit laundry. Upstairs, there is a spacious two-bedroom, one-bath apartment, along with a separate one-bedroom, one-bath unit next door. The one-bedroom apartment also includes complimentary laundry access in the basement.

Each unit offers comfortable living space with updated kitchens and bathrooms, making this property appealing to both tenants and owner-occupants. Recent improvements include updated windows, gutters, and fresh interior finishes throughout. Additional highlights include a partially fenced yard, off-street parking, and many updates that make this a true turnkey investment opportunity.

Property Details

Price:
$499,900
MLS #:
R1672250
Status:
Active
Beds:
6
Baths:
4
Type:
Multi Family
Subtype:
MultiFamily
Subdivision:
Laidlaw Resub
Neighborhood:
rochestercity261400
Listed Date:
Apr 10, 2026
Finished Sq Ft:
2,628
Total Sq Ft:
2,628
Lot Size:
4,792 sqft / 0.11 acres (approx)
Year Built:
1920
Units:
3
TriplexRochester City-261400Rochestercity261400Laidlaw ResubRochesterProbate

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Schools

School District:
Rochester

Interior

Appliances
Gas Water Heater
Bathrooms
4 Full Bathrooms
Cooling
Window Units
Flooring
Ceramic Tile, Hardwood, Luxury Vinyl, Varies
Heating
Gas, Radiators
Interior Features
Ceiling Fans, Storage, Programmable Thermostat
Laundry Features
Common Area
Levels
Two

Exterior

Architectural Style
Triplex
Construction Materials
Vinyl Siding, Copper Plumbing, Pex Plumbing
Exterior Features
Fence
Fencing
Partial
Lot Features
Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Parking Features
Paved, Parking Available, Two Or More Spaces
Patio And Porch Features
Covered, Porch
Roof
Asphalt, Shingle
Stories
2
Window Features
Leaded Glass, Storm Windows, Thermal Windows

Financial

Taxes
$8,659

Map

Community

Subdivisions in Rochester

Market Summary

Current real estate data for Multi Family in Rochester as of Apr 22, 2026
133
Multi Family Listed
101
Avg DOM
71
Avg $ / SqFt
$250,273
Avg List Price

Property Summary

    Located in the Laidlaw Resub subdivision, 397-399 University Avenue Rochester NY is a Multi Family for sale in Rochester, NY, 14607. It is listed for $499,900 To schedule a showing of MLS#r1672250 at 397-399 University Avenue in Rochester, NY, contact your Concrete Jungle Realty agent at 3472420937.

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