# 157 Fargo Avenue, Buffalo, NY 14201

> **TL;DR:** 6bd/3ba residential multi family, $200,000 ($79/sqft), built 1910, 2,538 sqft.
> Fireplace. Est. $867/mo. Listed 11 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $200,000 |
| Price/sqft | $79 |
| Bedrooms | 6 |
| Bathrooms | 3 full |
| Square Feet | 2,538 |
| Year Built | 1910 |
| Lot Size | 8,425 sqft (0.19 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 11 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $867 |
| **Total** | **$867** |

## Key Amenities

- Fireplace

## Property Highlights

- Built in 1910
- 0.19 acre lot
- 2 stories
- Fireplace

## Description

### Agent Description
Location, location, location! Excellent opportunity to own a three-unit multifamily investment property in Buffalo's highly desirable and appreciating West Side neighborhood. Ideally situated near Elmwood Village, Allentown, Kleinhans Music Hall, D'Youville University, shopping, dining, and public transportation, this property benefits from strong rental demand and long-term upside. The building features three residential units, including a spacious 4-bedroom apartment, a studio/1-bedroom unit, and a well-updated 1-bedroom apartment, all offering functional layouts and solid rental appeal. One unit is currently rented at $1,000 per month, with projected annual gross income exceeding $41,000, while maintaining low property taxes of approximately $3,000 per year-an attractive combination for investors seeking cash flow and appreciation. Recent capital improvements include updated electrical service with three separate meters, vinyl siding, numerous vinyl replacement windows, newer hot water tanks (2018, 2022, 2023), and a high-efficiency furnace installed in 2025. Interior spaces offer flexibility for owner-occupants or investors, with updated flooring and paint in select units and additional value-add potential. With strong fundamentals, updated systems, and a prime location, 157 Fargo Ave is a compelling opportunity for portfolio expansion or house-hacking alike.

## Location

- **Address:** 157 Fargo Avenue, Buffalo, NY 14201
- **County:** Erie
- **Coordinates:** 42.901629, -78.888475
- **Google Maps:** https://www.google.com/maps?q=42.901629,-78.888475

## Listing Agent

- **Name:** Nicholas M Lunetta
- **Brokerage:** MJ Peterson Real Estate Inc.
- **Phone:** 7168617171
- **Email:** nlunetta@mjpeterson.com

## Primary Photo

![157 Fargo Avenue - Primary Photo](http://lh.rdcpix.com/b0c4b5ab0e30b6375b90840e3b32413bl-f4060491905r.jpg)

*41 total photos available on [listing page](https://www.propertysimple.com/listing/157-fargo-avenue-buffalo-ny-14201-b1670043)*

---

**MLS#:** B1670043 | **Updated:** 2026-04-25
**Source:** listhub

*Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/157-fargo-avenue-buffalo-ny-14201-b1670043)

---

## Structured Data

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  "description": "Location, location, location! Excellent opportunity to own a three-unit multifamily investment property in Buffalo's highly desirable and appreciating West Side neighborhood. Ideally situated near Elmwood Village, Allentown, Kleinhans Music Hall, D'Youville University, shopping, dining, and public transportation, this property benefits from strong rental demand and long-term upside. The building features three residential units, including a spacious 4-bedroom apartment, a studio/1-bedroom unit, ",
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