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About This Home

This 4-bedroom, 2-bathroom residential multi family at 229 Hagen Street in Buffalo, NY is listed for $129,900 ($101 per sqft). Built in 1917, the home offers 1,291 sqft of living space on a 0.07 acres lot.

Agent Description

Don't miss this two-family opportunity in Buffalo's East Side - one of the most talked-about real estate markets in the country. Whether you're an out-of-town investor looking to add cash-flowing assets to your portfolio or a savvy buyer ready to live in one unit while the other pays your mortgage, 229 Hagen Street delivers.

This solid duplex features two well-laid-out units - one upper, one lower - each with 2 bedrooms, a full bathroom, and separate living, dining, and kitchen spaces. The home offers its own driveway with a generous backyard, offering the privacy and practicality tenants value, and the roof is in decent condition, so you can focus on your returns, not a maintenance list.

The property is awaiting new ownership and tenants, giving you the rare ability to set market-rate rents from day one - no inherited tenants, no lease assignments, no waiting for a unit to become available to live in. In today's Buffalo rental market, that pricing flexibility is a serious advantage.

Many 3rd party organizations have named Buffalo one of the hottest housing markets since 2024, and investment interest has remained strong ever since. For out-of-town buyers especially, the numbers are compelling: entry-level multifamily pricing paired with genuine rental demand makes Western New York a standout compared to overheated coastal markets.

The neighborhood itself is on an upward trajectory. Governor Hochul recently awarded $10 million from the East Side Building Fund to 35 commercial and mixed-use projects, with several funded directly along the East Delavan corridor - right in this property's backyard.

That's a meaningful, state-backed commitment to the area's future, and early investors tend to benefit most. With an affordable acquisition cost, vacant units ready for your tenants, and a city that's earned national recognition for its growth, 229 Hagen Street is a straightforward path to ownership - whether you're planting roots or building a portfolio.

Key Features

  • Built in 1917
  • 0.07 acre lot

Property Details

1 story
2 full
1917

Monthly Cost Estimate

$695/mo

20% down · 6.5% · 30 years

Principal$94
Interest$563
Insurance$38

Estimates only. Actual payments may vary.

Location

229 Hagen Street

Buffalo, NY 14215

Features & Amenities

Exterior Features

EnclosedPorchPorch

Property Details

Flooring

CarpetVaries

Construction

AluminumSiding

Pool Features

Porch

Heating

Natural GasForced Air

Appliances

GasWaterHeater

Questions & Answers

This 4-bedroom, 2-bathroom residential multi family at 229 Hagen Street is listed at $129,900 ($101/sqft). The estimated monthly payment is $563 based on 20% down at 6.5% interest.

Key features include: Built in 1917, 0.07 acre lot. Exterior Features: EnclosedPorch, Porch.

This property is listed by Laura E. Swogger and can be reached at 5854408840 or LauraSwogger@StrategicPartnersTeam.com.

LS

Laura E. Swogger

Agent at Keller Williams Realty Greater Rochester

(585) 440-8840

Listed by Keller Williams Realty Greater Rochester · View on Broker Site

MLS# R1692889· Source: listhub· Updated 2 days ago

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.

229 Hagen Street, Buffalo, NY 14215

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