Last Sold Price
6 beds2,380 sqft$44/sqft
497-499 Riley St, Buffalo, NY 14208

Description

Large Two Family Value-Add Investment Opportunity with Spacious rooms featuring 6 total bedrooms with both units vacant and ready for renovation, ideal for investors or owner-occupants looking to customize and build equity. Each unit offers large living room and dining room, 3 large bedrooms, full bathrooms, and oversized kitchens with pantry rooms. The property showcases hardwood floors throughout, extensive original woodwork and pocket doors, giving strong character once restored. The home has...Large Two Family Value-Add Investment Opportunity with Spacious rooms featuring 6 total bedrooms with both units vacant and ready for renovation, ideal for investors or owner-occupants looking to customize and build equity. Each unit offers large living room and dining room, 3 large bedrooms, full bathrooms, and oversized kitchens with pantry rooms. The property showcases hardwood floors throughout, extensive original woodwork and pocket doors, giving strong character once restored. The home has separate entrances 499 (left side) for lower apartment — and 497 (right side) for upper apartment Additional features include a full large basement and a full attic, Excellent value-add opportunity renovate and significantly increase rental income and property value. Perfect for rental portfolio, or resale project.
LISTING CLOSED: 04/30/2026 12:00 AM

  1. Listed by Chaya Adelman • Arrowhead Property Management, LLC
    P: (315) 783-6374 C: (347) 463-2614 chaya.adelman.realty@gmail.com

Property Details for 497-499 Riley Street

Status
MLS #
B1662192
Days on Market
31
Taxes
$700 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Residential
Year Built
1900
Lot Size
0.07 AC / 3,150 SF
Subdivision Comm Complex
Holland Lands Company's S
On Waterfront
No
Parking Description
Other, See Remarks
Nearest Cross Street
Wholers Avenue

Location

Listing Courtesy of Arrowhead Property Management, LLC

Sold By Red Door Real Estate WNY LLC

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Building Information for 497-499 Riley Street

Stories2Residences2Year Built1900Building Size-Lot Size0.07 AC / 3,150 SF

Payment Calculator

$597 per month

30 year fixed, 6.55% Interest

Principal and Interest

$538

Property Taxes

$58

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 497-499 Riley Street

Summary
Location and General Information
  • Elementary School District: Buffalo
  • High School District: Buffalo
  • Middle Or Junior School District: Buffalo
  • Village: Not Applicable
  • Human YN: Yes
Parking
  • Garage Spaces per Apt: .00
Taxes and HOA Information
  • Area NYSWIS Code: Buffalo City-140200
  • Tax Annual Amount: $700.00
Property
Lot Information
  • Building Area Source: Public Records
  • Building Area Total: 2380.0
  • Land Features: Rectangular, Rectangular Lot, Residential Lot
  • Num Of Acres: 0.0723
  • Lot Size Area: 0.0723
  • Lot Size Square Feet: 3150.0
  • Lot Size Units: Acres
  • Parcel Number: 140200-100-510-0003-003-000
  • Road Frontage: City Street
  • Lot Number: 3
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $40,000
  • Year Built: 1900
  • Year Built Description: Existing
Utilities
  • Num Of Electric Meters: 2
  • Num Of Gas Meters: 2
  • Sewer Description: Connected
  • Utilities Available: Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Other, See Remarks
Interior Features
  • Appliances: Gas Water Heater
  • Basement Description: Full
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 6
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Other, See Remarks
  • Heating: Gas, Forced Air
  • Heating YN: Yes
  • Levels: Two
  • Sq Ft Total: 2380.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Operating Expense Includes: Other, See Remarks
  • Stories: 2
  • Stories Total: 2
Unit 1
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Features: ,Dining Area With Living Room
  • Unit Type Total Rent: $.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 0
Unit 2
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Features: ,Dining Area With Living Room
  • Unit Type Total Rent: $.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 0
Rental
Rental Information
  • Rent Includes: Other, See Remarks

Property History for 497-499 Riley Street

DateEvent & SourcePriceAppreciation
Apr 30, 2026

Sold

WNYREIS #B1662192

$105,900
Apr 30, 2026

Sold

New York State Alliance of MLSs (Buffalo) #B1662192

$105,900
Mar 16, 2026

Pending

WNYREIS #B1662192

DateEvent & SourcePrice
04/30/2026

Sold

WNYREIS #B1662192

$105,900
04/30/2026

Sold

New York State Alliance of MLSs (Buffalo) #B1662192

$105,900
03/16/2026

Pending

WNYREIS #B1662192

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

Schools near 497-499 Riley Street

This home is within Buffalo City School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 4
Public - 9 to 12
Rating
School
Distance
Community School 53 At 4
PublicPK to 8

Pathways Academy
Public9 to 12

Stanley Makowski Early Childhood Center
PublicPK to 4

East Community School
Public9 to 12

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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 497-499 Riley Street, Buffalo, NY 14208
$105,900
6
2,380
3,150
3,150
$55,000
5
2
2,484
3,150
$60,000
2
2,116
2,614
1,616
3,750
5
2
1,688
3,750

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 Arrowhead Property Management, LLC

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.