This recently renovated multi-family apartment building with additional units is a turnkey investment opportunity, generating over $75,000 annually with minimal expenses—taxes are under $2,000 per year, and maintenance is low. The property features a brand-new roof, upgraded electrical and gas meters, and enhanced gas plumbing for long-term efficiency. It is fully rented, with five out of six tenants on Section 8, ensuring a steady and guaranteed income stream.
Each unit operates on separate utilities and meters, reducing owner costs and increasing profitability. Additional features include a full basement, spacious attic, one garage, and both off-street and on-street parking. Located just a block away from grocery stores, gas stations, and other essential amenities, this prime location enhances tenant demand and occupancy stability.
Whether you’re a seasoned investor or looking for a low-maintenance, high-yield addition to your portfolio, this property offers strong returns, long-term value, and financial security. Don’t miss out on this exceptional investment opportunity!
For sale
$399,900
534 Walden Ave, Buffalo, NY 14211
6beds
0baths
5,878sqft
Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$68/sqft
$-- HOA
What's special
Brand-new roofOff-street and on-street parkingFull basementEnhanced gas plumbing
- 67 days
- on Zillow |
- 485 |
- 14 |
Zillow last checked: 7 hours ago
Listing updated: March 24, 2025 at 07:41am
Listing by:
Keller Williams Realty WNY 716-832-3300,
Thejan Kodituwakku 716-292-8756
Source: NYSAMLSs,MLS#: B1590537
Originating MLS: Buffalo

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 0
Heating
- Gas, Forced Air
Appliances
- Included: Gas Water Heater
Features
- Flooring: Carpet, Laminate, Varies, Vinyl
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 5,878
- Total interior livable area: 5,878 sqft
Property
Parking
- Total spaces: 1
- Parking features: Three or more Spaces, Garage
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Exterior features: Patio
Lot
- Size: 4,952.77 Square Feet
- Dimensions: 36 x 135
- Features: Rectangular, Residential Lot
Details
- Parcel number: 1402001016400003029000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Vinyl Siding
- Roof: Asphalt
Condition
- Resale
- Year built: 1920
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Storage Facilities
- Subdivision: Holland Land Company's Su
Location
- Region: Buffalo
Financial & listing details
- Price per square foot: $68/sqft
- Tax assessed value: $108,000
- Annual tax amount: $1,610
- Date on market: 2/27/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
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