Buffalo Homes under $400,000

Welcome to Buffalo, New York—a vibrant city rich in history, culture, and stunning architecture! Nestled on the shores of Lake Erie in Erie County, Buffalo is known for its friendly neighborhoods, diverse communities, and an array of recreational opportunities. With its revitalized waterfront, thriving arts scene, and an impressive culinary landscape that includes the famous Buffalo wings, this city is a hidden gem in upstate New York.

For those seeking a place to call home without breaking the bank, Buffalo offers an impressive selection of beautiful homes priced under $400,000. Whether you're a first-time buyer, a growing family, or looking to downsize, you’ll find a variety of options that suit your needs. From charming historic homes with unique architectural details to modern townhouses in family-friendly neighborhoods, Buffalo's real estate market is brimming with possibilities.

Imagine stepping into a spacious three-bedroom home with a lovely backyard, perfect for summer barbecues, or a cozy bungalow just a stone’s throw from the city’s bustling cultural attractions. Many properties in this price range also boast updated kitchens, ample living space, and access to excellent schools and parks, making them ideal for both relaxation and recreation.

Buffalo’s affordability, combined with its vibrant community spirit and rich history, makes it an attractive option for anyone looking to settle down in a city that offers both excitement and tranquility. Explore your options today and discover the charm of Buffalo living!

Newest Buffalo Homes under $400,000

$299,900

5 Beds ⋅ 2 Baths ⋅ B1719468 MLS

Welcome to 33 Mercer Avenue! Offering nearly 2,300 square feet of living space, this spacious 5-bedroom, 2-full-bath home is filled with character and opportunity. The versatile layout features two bedrooms and a full bath on the first floor, with three additional bedrooms and a second full bath upstairs. Beautiful hardwood floors and natural woodwork add warmth and character throughout, complemented by a formal dining room, eat-in kitchen and ample storage. The full basement provides additional flexible space, including a separate bonus room and dedicated workshop, offering plenty of room for hobbies, projects and storage. A rear enclosed porch, private driveway and detached garage add even more functionality. Conveniently located in University Heights near Main Street, UB South Campus, public transportation, shopping, dining and neighborhood amenities. With generous living space, a flexible floor plan, original character and plenty of potential to make it your own, 33 Mercer is ready for its next chapter!

33 Mercer Avenue, Buffalo

$145,000

4 Beds ⋅ 1 Baths ⋅ B1719272 MLS

Nice 4 bedroom home, perfect for a first time home buyer and or investor. Owner put his heart into making this property a great home for a new buyer. This property has a new boiler, new wiring, new paint, newer furnace, circuit breakers, and hot water tank. New entry doors front and back, new flooring, countertops, bathroom vanity, new windows upstairs and new stairs in the front of the house. This is a great opportunity to make this house your new home.

15 Schmarbeck Avenue, Buffalo

$174,900

3 Beds ⋅ 2 Baths ⋅ B1719485 MLS

Value, location, and potential on Eureka Place! This 3-bedroom, 1.5-bath Colonial features a spacious, partially fenced yard offering rare outdoor space for the area, a new garage roof (2025), newer furnace (2020) and a newer water heater (2020). Bring your vision and custom design ideas to add equity and make it shine. Exceptionally well-positioned just minutes from the Buffalo Niagara Medical Campus, the Fruit Belt, Downtown dining, shopping, and the Theatre District. Enjoy effortless daily travel with quick access to public transit and major highways. A solid opportunity ready for your personalized updates!

43 Eureka Place, Buffalo

$189,000

4 Beds ⋅ 1 Baths ⋅ B1719447 MLS

Welcome home to this charming, beautifully updated Cape! The first floor features a comfortable living room and two bedrooms, all with hardwood floors, along with a completely updated full bath. The kitchen has been nicely updated with white soft-close cabinets, quartz countertops, glass ceramic backsplash, farmhouse-style sink, pantry and luxury vinyl flooring. Kitchen appliances are included, and new lighting fixtures throughout add a fresh touch. The second floor offers two additional bedrooms (one does not have a closet) with wall-to-wall carpeting, with one bedroom offering flexible use as an office, den or additional living space. Enjoy the open front porch with composite decking and a nicely partially fenced yard. The full basement provides plenty of storage and the opportunity to create additional finished living or recreation space. A shed offers convenient outdoor storage. Other updates include replacement windows throughout, 100-amp electrical service, tankless hot water heater and central air. With so many updates already completed, this home is ready for its next owner to simply move in and enjoy. Square footage listed differs from public records. Owners had the home professionally measured using CubiCasa.

320 Marilla Street, Buffalo

$119,000

4 Beds ⋅ 1 Baths ⋅ B1715139 MLS

Welcome to 103 Weiss Street, a solid, tenanted single-family in Kaisertown on a roughly 3,000 sq ft lot. 4 bedrooms and 1 bath, with living area Weiss is a one-way street off Clinton, between Bailey and Ogden, a short run to the Thruway and minutes from Harlem Road and West Seneca. Straightforward Buffalo house for an owner-occupant or an investor who wants a small hold in an established rental street.

103 Weiss Street, Buffalo

$349,900

10 Beds ⋅ 4 Baths ⋅ B1719237 MLS

Welcome to an amazing opportunity to own the perfect mixed use 4 unit with its sister property for sale right next to it as well (1946 Clinton)! This over 5,000 sq ft.² turnkey investment has an updated roof, updated electric, siding, and windows, hot water tanks, over 20k of brand new plumbing and generating over $4,000 a month with option to rent out room in the 2.5 car garages for more income! There are (2) 3/1 units and (2) 2/1 units, separate utilities as well! All apartments are an average and very good condition. There are just no interior pictures due to the privacy of the tenants. This one won’t last!

1952 Clinton Street, Buffalo

$274,900

7 Beds ⋅ 3 Baths ⋅ B1719232 MLS

Welcome to an amazing opportunity to own the perfect mixed use three unit with its sister property for sale right next to it as well (1952 Clinton)! This over 4000 ft.² gem has a 10 year-old roof, updated electric, siding, and windows, generating over $3000 a month with option to rent out room in the 2.5 car garages for more income! There is a store front, 3/1 and a 4/1.5 unit. All separate utilities as well! All apartments are an average and very good condition. There are just no interior pictures due to the privacy of the tenants. This one won’t last!

1946 Clinton Street, Buffalo

$249,900

6 Beds ⋅ 2 Baths ⋅ B1714663 MLS

Opportunity awaits at 83 Wakefield Ave, Buffalo, NY 14214. The property is being sold strictly “as is,” and the seller will not make any repairs, including repairs required by an appraisal or lender.

83 Wakefield Avenue, Buffalo

$169,900

4 Beds ⋅ 2 Baths ⋅ B1718800 MLS

Welcome to 199 Colgate in South Buffalo! This property offers a great opportunity for an owner-occupant or investor. The lower unit features 3 bedrooms, while the upper unit offers 1 bedroom and is occupied by a long-term tenant who would like to stay. Live in the spacious lower unit while collecting rental income from the upper, or utilize the entire property as an investment. Conveniently located near many amenities, with close proximity to the Botanical Gardens and Lake Erie. Recent updates include a new forced-air furnace installed in September 2026 for the upper unit. The lower unit is currently heated and cooled by a wall-mounted mini-split system. The lower flat roofs were updated this year, and connections are already available for the installation of a second furnace for the lower unit. With its flexible layout, recent updates, existing rental income, and convenient South Buffalo location, this is an opportunity you won’t want to miss—especially at this great price!

199 Colgate Avenue, Buffalo

$215,000

3 Beds ⋅ 3 Baths ⋅ B1717485 MLS

Attention investors! 226 Miami St is a fully leased 2 unit property in Buffalo's First Ward, offering steady income from day 1. The front unit is a spacious 2 story layout with a generous living room, kitchen and dining area, 1st floor laundry, full bath, and a bright sunroom. Upstairs you'll find 2 oversized bedrooms with walk in closets, extra storage, and a convenient half bath. The rear unit has its own private entrance and features 1 bedroom, a full bath, a comfortable living room, and a large kitchen with laundry hookups. Both units showcase updated kitchens with stainless steel appliances, hardwood flooring, and plenty of natural light. Key improvements include the roof, windows, and vinyl siding, along with efficient forced air gas heat. Current rents of $1,475 and $1,000 bring in $29,700 per year, with annual taxes of just $2,037. For the right investor, this can be the ideal10+ cap. Just minutes from downtown, Canalside, Silo City, and the Buffalo River, the First Ward continues to attract strong renter demand. Please note the rear garage is not included, sits on a separate parcel, and has a shared driveway. With both units occupied and income in place, this is a turnkey addition to any portfolio.

226 Miami Street, Buffalo

$149,000

4 Beds ⋅ 2 Baths ⋅ B1715515 MLS

Welcome to 93 East Parade Avenue, a fully rented two-unit property in Buffalo’s MLK Park neighborhood, steps from Martin Luther King Jr. Park and close to the Buffalo Museum of Science. Built around 1900 on a roughly 0.09-acre lot, this upper-and-lower offers flexible living for an owner-occupant or an investor. Public records show two baths; each unit has a 2-bedroom, 1-bath layout. Convenient East Side location with everyday access to city amenities.

93 East Parade, Buffalo

$239,900

3 Beds ⋅ 2 Baths ⋅ B1712142 MLS

Fully updated and move-in ready, this single-family home offers comfort with the added peace of mind of newer mechanicals. Set on a corner lot, the property features a spacious backyard and deck with plenty of room to relax, entertain, and enjoy the outdoors. A generously sized garage provides the space needed for convenient parking, hobbies or extra storage. Don't miss it!

65 California Street, Buffalo

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Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.