Sold
Last Sold Price
6 beds2,380 sqft

497-499 Riley St, Buffalo, NY 14208

Multi FamilyProperty Type
0.07 acresLot Size
1900Year Built
$44/sq ftPrice per sq ft

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.
  • Listed by: Chaya Adelman 315.783.6374 chaya.adelman.realty@gmail.com • Arrowhead Property Management, LLC
Listing closed: 04/30/2026 12:00 AM • Source: WNYREIS, MLS#: B1662192
See It First™ on Compass

Find homes before they're listed on other real estate sites.

Start your search

Location

Listing Courtesy of Arrowhead Property Management, LLC

Sold By Red Door Real Estate WNY LLC

Add your commute
Payment Calculator

$624 per month

30 year fixed, 7.03% Interest

Principal and Interest

$565

Property Taxes

$58

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.
Know your buying power with a preapproval and custom rate in minutes
Rocket Mortgage1

Property Information for 497-499 Riley Street

Property Details

  • Taxes: $700 / year
  • MLS Type: Residential / Residential
  • County: Erie County
  • Subdivision Comm Complex: Holland Lands Company's S
  • On Waterfront: No
  • Parking Description: Other, See Remarks
  • Nearest Cross Street: Wholers Avenue

Building Information

  • Stories: 2
  • Residences: 2
  • Year Built: 1900
  • Lot Size: 0.07 AC / 3,150 SF

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.

Similar Homes

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.