10 beds10,200 sqft$127/sqft
321 Driving Park Ave, Rochester, NY 14613
Est: $7,880/moGet pre-approved

Description

Another Rockin' Rochester Property. Exceptional 17-unit mixed-use investment opportunity with commanding corner presence in Rochester’s historic Edgerton neighborhood! 321–331 Driving Park Avenue combines classic brick architecture, tremendous character and multiple income streams with a strong 9.06% cap rate. The property consists of 14 residential apartments—10 one-bedroom and 4 studio units—plus 3 street-level commercial storefronts, creating a diversified residential and commercial income base....Another Rockin' Rochester Property. Exceptional 17-unit mixed-use investment opportunity with commanding corner presence in Rochester’s historic Edgerton neighborhood! 321–331 Driving Park Avenue combines classic brick architecture, tremendous character and multiple income streams with a strong 9.06% cap rate. The property consists of 14 residential apartments—10 one-bedroom and 4 studio units—plus 3 street-level commercial storefronts, creating a diversified residential and commercial income base. The building has been well maintained while preserving the character that makes this property stand out. Residential units feature gleaming hardwood floors, vinyl windows and bright, airy living spaces. Electric and cooking gas are separately metered, while professionally leased and serviced on-site laundry equipment provides additional convenience. Fourteen basement storage units offer further potential for additional revenue. Ownership has continued to reinvest in the property with significant recent improvements including a GACO roof (2024), Bradford White hot water tank under warranty (2026), new professionally leased laundry equipment (2025), keyless entry system (2025), Arlo camera system (2025), and upgraded LED lighting throughout common areas, exterior and Store 2 (2026). A brand-new Certificate of Occupancy will be provided at closing. With its prominent corner location, attractive brick façade, strong unit mix, multiple revenue streams, recent capital improvements and compelling 9.06% cap rate, this is an opportunity to acquire a distinctive Rochester mixed-use asset with both immediate income and future upside.
LISTING UPDATED: 08/18/2026 10:44 AM

  1. Listed by Jeff Krampen • RE/MAX Realty Group
    P: (585) 719-3500 C: (716) 578-7527 jeffkrampenrealtor@gmail.com
  2. Listed by Colleen M. Bracci • RE/MAX Realty Group
    P: (585) 719-3566 C: (585) 507-3468 rochesterhouses@gmail.com

Property Details for 321 Driving Park Avenue

Status
MLS #
R1707522
Days on Market
Listed Today
Taxes
$15,265 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi Family / Commercial
Year Built
1920
Lot Size
0.14 AC / 6,098 SF
Subdivision Name
John Straub S0b
Has Waterfront
No

Location

Listing Courtesy of RE/MAX Realty Group
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Building Information for 321 Driving Park Avenue

Stories3Residences14Year Built1920Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

$7,880 per month

30 year fixed, 6.55% Interest

Principal and Interest

$6,608

Property Taxes

$1,272

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 321 Driving Park Avenue

Summary
Location and General Information
  • Cross Street: Dewey
  • Directions: East on Driving Park from Lake Avenue.
  • Latitude: 43.180802
  • Longitude: -77.63876
  • MLS Area Major: Rochester City-261400
  • Has Senior Community: No
  • Township: Not Applicable
Taxes and HOA
  • Parcel Number: 261400-090-820-0001-023-001-0000
  • Tax Annual Amount: $15,265.00
  • Tax Assessed Value: 377400
School Information
  • Elementary School District: Rochester
  • High School District: Rochester
  • Middle Or Junior School District: Rochester
Parking
  • Garage Spaces: 0.0
  • Has Garage: No
  • Parking Features: None, No Driveway, No Garage
Property
Lot Information
  • Lot Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Units: Acres
  • Lot Size Dimensions: 53X102
  • Road Frontage Type: City Street
Property and Assessments
  • Building Area Total: 10200.0
  • Living Area: 10200.0
  • Property Condition: Resale
  • Property Sub Type: Commercial
  • Property Sub Type Additional: Commercial
  • Property Type: Multi Family
  • Year Built: 1920
  • Year Built Details: Existing
Building Features
  • Construction Materials: Brick, Frame, Copper Plumbing
Farm Information
  • Other Equipment: Intercom
Utilities
  • Electric: Circuit Breakers
  • Number Of Separate Electric Meters: 18
  • Number Of Separate Gas Meters: 18
  • Sewer: Connected
  • Utilities: Cable Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public
Interior and Exterior Features
Interior Features
  • Appliances: Common Water Heater, Exhaust Fan, Gas Cooktop, Gas Water Heater, Refrigerator, Range Hood
  • Basement: Full
  • Has Basement: Yes
  • Bathrooms Total Integer: 0
  • Bedrooms Total: 10
  • Has Fireplace: No
  • Flooring: Carpet, Hardwood, Luxury Vinyl, Tile, Varies
  • Heating: Gas, Hot Water
  • Has Heating: Yes
  • Interior Features: Intercom, Storage, Skylights, Natural Woodwork
  • Laundry Features: Common Area, Coin Operated
  • Main Level Bathrooms: 0
  • Security Features: Security System Owned, Fire Escape, Security Service
  • Window Features: Skylights
Exterior Features
  • Community Features: Laundry Facilities, Other, Storage Facilities, See Remarks
  • Roof: Flat, Membrane, Rubber
  • Stories: 3
  • Stories Total: 3
Multi Family
Multi Family Information
  • Number Of Units Total: 14
Income & Expenses
  • Gross Income: $175,800
  • Operating Expense Includes: Electric, Fuel, Insurance, Maintenance, Trash, Water Sewer
Rental
Rent Information
  • Rent Includes: Heat, Trash Collection, Water

Property History for 321 Driving Park Avenue

DateEvent & SourcePriceAppreciation
Aug 18, 2026

Listed (Active)

New York State Alliance of MLSs (Buffalo) #R1707522

$1,300,000
Aug 18, 2026

Listed (Active)

WNYREIS #R1707522

$1,300,000
Dec 29, 2020

Expired

New York State Alliance of MLSs (Buffalo) #R1303564

$849,900
DateEvent & SourcePrice
08/18/2026

Listed (Active)

New York State Alliance of MLSs (Buffalo) #R1707522

$1,300,000
08/18/2026

Listed (Active)

WNYREIS #R1707522

$1,300,000
12/29/2020

Expired

New York State Alliance of MLSs (Buffalo) #R1303564

$849,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 321 Driving Park Avenue

This home is within Rochester City School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - PK to 6
Rating
School
Distance
School 7 Virgil Grissom
PublicPK to 6

ANDREW A LANGSTON MIDDLE SCHOOL
Public7 to 8

Ida B Wells-Barnett Elementary School 34
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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321 Driving Park Avenue is a multi-family home for sale in Rochester, NY 14613. This property was listed for sale on August 18, 2026 by RE/MAX Realty Group, it's currently listed at $1,300,000. This listing's school district is Rochester City School District. Nearby schools include School 7 Virgil Grissom, ANDREW A LANGSTON MIDDLE SCHOOL and Edison Career and Technology High School. 321 Driving Park Avenue is a 10-bed, 0-bath, 10,200 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Realty Group

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the New York State Alliance MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Compass and its related brokerages, are indicated by detailed information about them such as the name of the listing firms. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Compass and its related brokerages shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright ©2026 New York State Alliance and participating MLS's - CNYIS, UNYREIS and WNYREIS. All Rights Reserved.