Buffalo Homes under $200,000

Buffalo Homes under $200,000

Welcome to Buffalo, New York – a city rich in history, culture, and opportunity. Nestled on the shores of Lake Erie, Buffalo boasts a unique blend of architectural beauty, vibrant neighborhoods, and a welcoming community spirit. Known for its stunning waterfront, thriving arts scene, and delectable culinary offerings (don’t miss out on the famous Buffalo wings!), this city is a hidden gem waiting to be explored.

For those seeking affordable housing options, Buffalo offers an impressive selection of homes under $200,000, making it an ideal destination for first-time buyers, families, and investors alike. The real estate market here is diverse, featuring charming bungalows, classic Victorian homes, and modern townhouses, all at budget-friendly prices. With a variety of neighborhoods to choose from, you can find a home that suits your style and needs, whether you prefer the historic charm of Allentown or the suburban tranquility of the Southtowns.

Living in Buffalo means enjoying a lifestyle filled with convenience and excitement. With excellent schools, beautiful parks, and a strong sense of community, it’s a place where you can truly feel at home. Plus, with ongoing revitalization efforts and economic growth, investing in Buffalo real estate is not just a smart choice; it’s a chance to be part of a city on the rise.

Explore the possibilities today, and discover how you can make Buffalo your new home without breaking the bank. With homes under $200,000, your dream of homeownership is within reach in this remarkable city!

Newest Buffalo Homes under $200,000

15 Schmarbeck 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
43 Eureka Place, 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
320 Marilla Street, 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
103 Weiss 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
199 Colgate 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
93 East Parade, 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
11 Pembina Street, Buffalo
$140,000
5 Beds ⋅ 2 Baths ⋅ B1719378 MLS
Investor Opportunity in Buffalo! Welcome to 11 Pembina Street, a solid two-unit property offering strong rental income and great long-term potential. The property features a spacious 3-bedroom lower apartment and a 2-bedroom upper unit, currently bringing in $1,900 per month in total rents with tenants paying their own electric and gas. The home sits on an extra-large lot and includes a large storage shed, providing additional convenience for tenants and owners alike. Several key updates have already been completed, including a new furnace, two new hot water tanks, and structural improvements by Frank’s Basements, who installed a sump pump and reinforced the rear foundation wall with I-beams. Located just minutes from Tesla and other major employers, this property is well-positioned for continued rental demand. Great tenants already in place make this an ideal turn-key investment for both new and seasoned investors.

11 Pembina Street, Buffalo
333 Vermont Street, Buffalo
$199,900
6 Beds ⋅ 2 Baths ⋅ B1719353 MLS
Welcome to 333 Vermont Street, Buffalo, NY. This spacious two-family home offers an excellent opportunity for both owner-occupants and investors. Each unit features 3 bedrooms, a bright living room, formal dining room, a full kitchen, and a full bathroom, providing comfortable and functional living space. The property also includes a full basement, offering ample storage and additional potential. Interior features wall-to-wall carpeting throughout. Conveniently located close to shopping, restaurants, public transportation, and major highways. Whether you're looking to generate rental income or occupy one unit while renting the other, this property is full of potential. Showings begin immediately. Don't miss this opportunity to own a solid multi-family property in Buffalo.

333 Vermont Street, Buffalo
201 Weimar Street, Buffalo
$189,900
4 Beds ⋅ 3 Baths ⋅ B1715854 MLS
Excellent investment opportunity! This well-maintained duplex features two updated units, 1 rented until 11/2026, providing immediate rental income. Each unit includes its own laundry facilities for added tenant convenience. Major improvements have been completed within the last six years, including a newer roof, water tanks, and heating systems, helping to reduce maintenance concerns. Conveniently located within walking distance to local stores, shopping, and everyday amenities, this property offers a desirable location for tenants. A turnkey, income-producing property with strong rental appeal and important updates already in place.

201 Weimar Street, Buffalo
234 James Street, Buffalo
$119,000
2 Beds ⋅ 1 Baths ⋅ B1719218 MLS
Charm, space, and a bonus lot! This classic Buffalo home at 234 James St comes with the lot next door at 232 James St, giving you room to garden, play, or dream bigger. A welcoming front porch leads to a cozy living room, a family room with its own built-in bar, and a sunny eat-in kitchen that opens to the deck. Three bedrooms and 1.5 baths, plus a private fenced backyard made for summer cookouts and quiet evenings. Tucked in the Babcock neighborhood, minutes from Seneca St and downtown. Come see it before it's gone! Photos digitally edited to remove personal items. Furnishings do not convey. Delayed showings and negotiations until October 7th 2026.

234 James Street, Buffalo
67 Halbert Street, Buffalo
$70,000
6 Beds ⋅ 2 Baths ⋅ B1719183 MLS

67 Halbert Street, Buffalo
298 Weimar Street, Buffalo
$74,900
4 Beds ⋅ 2 Baths ⋅ B1719145 MLS
Double lot rehab opportunity! Bring your vision to 298 Weimar street, a fire and water damaged home on an expansive double lot with a foundation that appears solid. Full gut rehab needed, so design it your way from the studs out. Features include a detached 990 SF garage with second-story loft (workshop, studio, or storage), a fully fenced yard, and room to expand. Perfect for investors, flippers, or buyers ready to build equity. Cash only. Sold as-is.

298 Weimar Street, Buffalo
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