$251,300
- 6 Beds
- 2 Baths
- 2,308 sqft
48 Payne Ave, Buffalo, NY 14220
Est. Refi. Payment $1,787/mo*
Refinance Your HomeCurrently Off Market - Sold Oct 1, 2025 for $232,500
Home Value
Trulia Estimate
$251KSince last month
Decreased$13K (-4.9%)Since last year
Increased$13K (+5.6%)Since last sale
Increased$14K (+5.9%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +214% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $246K |
| August 2026 | $259K |
| July 2026 | $261K |
| June 2026 | $260K |
| May 2026 | $259K |
| April 2026 | $242K |
| March 2026 | $233K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.16 | Multi-Family Home | $180,000 | 02/10/26 | 6 | 2 | 2,264 | |
0.26 | Multi-Family Home | $284,000 | 01/15/26 | 6 | 2 | 2,392 | |
0.14 | Multi-Family Home | $165,000 | 08/14/26 | 4 | 2 | 1,633 | |
0.28 | Multi-Family Home | $210,000 | 03/04/26 | 4 | 2 | 2,112 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.05 | $170,000 | 3 | 1 | 1,176 | Recently Sold | |
0.07 | $242,000 | 4 | 2 | 1,832 | Off Market | |
0.03 | $149,900 | 4 | 1 | 1,229 | For Sale | |
0.05 | $215,600 | 3 | 1 | 840 | Off Market | |
0.04 | $280,000 | 5 | 2.5 | 2,492 | Recently Sold | |
0.05 | $186,100 | 3 | 1 | 955 | Off Market | |
0.05 | $234,000 | 3 | 1.5 | 1,472 | Off Market | |
0.10 | $225,000 | 3 | 1 | 1,183 | Recently Sold | |
0.12 | $220,400 | 5 | 2.5 | 2,262 | Off Market | |
0.06 | $155,900 | 3 | 1.5 | 1,288 | Off Market | |
0.07 | - | 4 | 2 | 2,157 | Off Market |
Local Information
-- mins to
Home Highlights
Multi-Family
Built in 1955
2,308 sqft
$109/sqft
Garage
About this House
What's unique:Off street parkingFully fenced private lotDouble lotNew windowsBeautiful front porches
An investor's dream! This meticulously maintained 3/3 double situated on a double lot is fully occupied and updated. Ample off street parking for all tenants, beautiful front porches and a fully fenced private lot add to this property's curb appeal. New windows have been installed and all mechanics are in great working order. Please allow 24 hour notice for showings. Showings begin 5/13/25. Offers will begin being reviewed at that time.
48 Payne Ave, Buffalo, NY 14220 is a 6 bedroom, 2 bathroom, 2,308 sqft multi-family in Triangle, built in 1955. It last sold for $232,500 on Oct 1, 2025 (3% below the $239,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $251,300, with a rent estimate of $1,288/month.
Last check for updates: about 13 hours ago
Listed by Jill McMahon, (716) 903-3236
HUNT Real Estate Corporation
Bought with: Carol Klein, (716) 671-3344, HUNT Real Estate Corporation
Originating MLS: Buffalo
Source: NYSAMLSs, MLS#B1605723

Home Details for 48 Payne Ave
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Interior Details Basement: Full |
Beds & Baths Number of Bedrooms: 6Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 2308 Square Feet |
Appliances & Utilities Utilities: Sewer Connected, Water ConnectedAppliances: Gas Water Heater |
Heating & Cooling Heating: Gas,Forced AirHas HeatingHeating Fuel: Gas |
Fireplace & Spa No Fireplace |
Windows, Doors, Floors & Walls Flooring: Hardwood, Tile, Varies |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoFloors: Hardwood, Tile, Varies |
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Parking & Garage Number of Garage Spaces: 1Number of Covered Spaces: 1Has a GarageParking Spaces: 1Parking: Concrete,Two or More Spaces |
Frontage Road Frontage: City StreetNot on Waterfront |
Water & Sewer Sewer: Connected |
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Cumulative Days on Market: 8 |
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Year Built Year Built: 1955 |
Property Type / Style Property Type: ResidentialProperty Subtype: Multi Family |
Building Construction Materials: Vinyl Siding |
Property Information Condition: ResaleParcel Number: 1402001333000006068100 |
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Price List Price: $239,900 |
Status Change & Dates Off Market Date: Wed Oct 01 2025Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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Direction & Address City: BuffaloCommunity: Buffalo Crk Reservation |
School Information Elementary School District: BuffaloJr High / Middle School District: BuffaloHigh School District: Buffalo |
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Building Area Building Area: 2308 Square Feet |
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Not Senior CommunityUnits in Building: 2 |
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Association for this Listing: Buffalo |
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Lot Area: 5000.688 sqft |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional, FHA, VA Loan |
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Rent Includes: Hot Water, WaterOwner Pays: Hot Water, Water |
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BasementMls Number: B1605723Living Area Range Units: Square FeetAttribution Contact: 716-903-3236Universal Property Id: US-36029-N-1402001333000006068100-R-N |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Oct 1, 2025 Source: NYSAMLSs #B1605723 | Sold | $232,500 |
Aug 18, 2025 Source: NYSAMLSs #B1605723 | PendingToActive | $239,900 |
Jun 2, 2025 Source: NYSAMLSs #B1605723 | Pending | $239,900 |
May 12, 2025 Source: NYSAMLSs #B1605723 | Listed For Sale | $239,900 |
Mar 25, 2022 Source: NYSAMLSs #B1385647 | Sold | $172,500 |
Jan 25, 2022 Source: NYSAMLSs #B1385647 | Pending | $164,500 |
Jan 20, 2022 Source: NYSAMLSs #B1385647 | Listed For Sale | $164,500 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | Unavailable | $185,000 |
Home facts updated by county records
Market trends in Buffalo
Last updated August 2026
Avg. sale price
$261K
$14.7KMoM
Sale-to-List Price
105.2%
1.6%MoM
Price per sq ft
$192
$10MoM
Available listings
1121
75MoM
Around this home
What Locals Say about Triangle
At least 21 Trulia users voted on each feature.
100 % Say there are sidewalks
86 % Say yards are well-kept
85 % Say it's walkable to grocery stores
81 % Say it's dog friendly
77 % Say there's holiday spirit
76 % Say kids play outside
70 % Say streets are well-lit
65 % Say it's walkable to restaurants
59 % Say car is needed
54 % Say people would walk alone at night
53 % Say it's quiet
49 % Say neighbors are friendly
47 % Say there's wildlife
47 % Say parking is easy
44 % Say they plan to stay for at least 5 years
20 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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Frequently asked questions about 48 Payne Ave
- What is 48 Payne Ave estimated to be worth?Trulia's estimated value for 48 Payne Ave in Buffalo, NY is $251,300.
- What is the price history for 48 Payne Ave?48 Payne Ave in Buffalo, NY last sold for $232,500 in October 2025.
- Is Buffalo a buyer's or seller's market?Buffalo is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Buffalo?The median sale price in Buffalo is $261K. That is up $14.7K from the prior month.