Property Expert
Sign in to save this report
Create a free account to save this report to your vault, track properties, and unlock AI insights.
Or
544 Lasalle Ave
Property Overview
Active Listing
1 / 10
10 listing photos · Tap Enlarge for full-size view
Specs
6
Beds
2
Baths
Interior Living Space (Sq Ft)
2228 sq ft
Lot Size (Sq Ft)
3,929 sq ft
Year Built
1920
Price/Sq Ft (Living Area)
135$
Price/Sq Ft (Lot Size)
76$
Lifestyle
Walk Score
0
Transit Score
20
Neighborhood Vibe
A calculation based on nearby amenity density.
Taxes
%
FY 2023
Tax Year
Annual Tax
$307
Assessed Value
$59,000
Last Sale
1999
$28,000
Safety & Hazards
A
Safety Rating
Based on Crime & Hazards
Crime Rate Index
Very Low
0/100
Flood Risk
Zone AE or Zone X (common in Buffalo, specific property check recommended via FEMA)
Erie County, where Buffalo is located, has a history of federal flood-related disaster declarations, including Hurricane Sandy in 2012 and Hurricane Katrina Evacuation in 2005. NOAA has recorded 151 flood events in Erie County since 1996, causing $23.1 million in damage. Buffalo is susceptible to flooding from Lake Erie storm surges, wind-driven seiche events, the Niagara River, Buffalo Creek, ice jams, and rapid thaws. Recent incidents in February 2026 saw significant localized flooding and evacuations due to water main breaks in other parts of Buffalo (Hertel Avenue, Military Road, Hartwell Street). LaSalle Park, which is near Lasalle Avenue, has also experienced storm damage and issues with its seawall due to lake water and ice. Historically, a major flood affected Buffalo in 1844, causing widespread damage.
Zumintel Report
EVALUATED FOR: LONG-TERM RENTAL
544 Lasalle Ave, Buffalo, NY 14215
MULTI_FAMILY•July 8, 2026•MLS #B1692347
81/100
Rental Score
Executive Summary
Verdict Locked
Based on current list price and market conditions.
Est. Price
$299,990
Square Feet
2,228
Year Built
1920
Configuration
6bd / 2ba
Market Context
- Pricing PositionThe property's estimated price is above the median sale price for the 14215 zip code.
- Liquidity RiskThe market in 14215 is competitive, with homes selling in a median of 34 days, an increase from 19 days last year. Inventory levels are tight, favoring sellers.
- NeighborhoodLocated in the University and Kensington District, close to UB City South Campus, VA Medical Hospital, UB Dental School, and Grover Cleveland Golf Course, suggesting a strong tenant pool from academic and medical sectors.
- Local MarketMedian Neighborhood Price: $179,000 (+2.1% YoY)Market Velocity: Increasing • Inventory: Low • Avg DOM: 34 days
- Investment PotentialEstimated Rent: $1,510/moCap Rate: 3.93% • 5-Year Growth: +11.0%
Location & Commute
- Proximity to major educational and medical institutions (University at Buffalo City South Campus, VA Medical Hospital, UB Dental School) enhances rental demand.
- Adjacent to Grover Cleveland Golf Course offers recreational opportunities.
- The property has low walk and transit scores, indicating a car-dependent location for most errands and commutes.
Payment Calculator
$
$
Assumptions & Methodology
- •STR Data: Nightly yields mapped from regional AVM adjusted comps using a conservative median occupancy baseline. Verified via AI context.
- •Cap Rate: Derived mathematically (Market Adjusted Gross Yield minus standard expense, maintenance, and vacancy ratios).
- •Standard Math: Standard principle and interest amortized over 30-year fixed rates. Taxes and insurance are estimations.
Estimated Monthly Payment
$2,045
Principal & Interest
$1,517Operating Expenses/mo
$528Long-Term Rental Impact
Estimated Payment$2,045
-Projected Rental Income-$2,400
Net Payment Out-of-Pocket$0/mo
The conventional US estimated payment calculation is for informational purposes only. Users are free to make their financial decisions based on their personal economic, ethical and religious belief systems.
Financial Performance
Based on 6.5% rate · 20% down · 30-yr fixedInvestment Analysis Locked
Detailed Cash Flow, Cap Rate, and ROI projections are available for Builder+ plans or by using Top-Up Credits.
Upgrade to Unlock Investment DataComparative Market Analysis
Validate the asking price against recent comparable sales in the area. Includes similarity scoring, price adjustments, and exclusion reasoning.
Strategic Assessment
Key Advantages
- •Recently remodeled upper unit and updated lower unit, plus extensive property updates (roof, plumbing, electrical, drainage).
- •Multi-family property with strong estimated cash flow (Cap Rate of 6.24%).
- •Desirable location near universities and medical institutions, likely to attract stable tenants.
- •Tight inventory levels in the 14215 zip code suggest a competitive market for sellers.
Considerations
- •Low walk score (0) and transit score (20) indicate reliance on personal vehicle transportation.
- •Days on market for the 14215 zip code have increased year-over-year.
- •Buffalo's overall median sale price has seen a modest year-over-year change.
Due Diligence
- •Verify the specific FEMA flood zone designation for 544 Lasalle Ave to understand flood insurance requirements and costs.
- •Confirm with the City of Buffalo Department of Permit and Inspection Services for any active violations or open permits at this exact address.
- •Confirm the exact zoning code for the property and its specific regulations regarding multi-family use and any potential density changes.
10-Year Wealth Outlook
10-Year Wealth Outlook · Pro+
Upgrade to Pro to see how this property builds (or erodes) wealth and why.
Verdict Locked
Analyst Verdict
Based on current list price and market conditions.
STRONG BUY
Use-Case Alignment
living
Medium Match
Short-Term
Low Match
Living+STR
High Match
rental
High Match
House Hack
High Match
flip
Low Match
Disclaimer: This report is for informational purposes only and does not constitute financial or real estate advice. Zumintel is not liable for any inaccuracies or the condition of the property. Users should conduct their own due diligence.
Definitions & Methodology
Cap Rate (Capitalization Rate)Net Operating Income (NOI) divided by the property asset value. It indicates the potential rate of return on the real estate investment.
Investment ScoreA proprietary composite score (0-100):
- 80-100: Excellent (Strong Cashflow & Potential)
- 60-79: Good (Stable, Moderate Returns)
- 40-59: Fair (Value Add Required)
- <40: Risky (Negative Cashflow/High Risk)
Walk ScoreA measure of walkability based on the distance to nearby amenities. 90-100 is a "Walker's Paradise".
Transit ScoreEstimates how well a location is served by public transport. Calculated based on distance to nearest stops and frequency.
Planning a Site Visit?
Don't miss a thing. Generate an AI-powered inspection checklist tailored specifically for 544 Lasalle Ave.
Have a question? Ask Zumintel AI
Get instant, data-backed answers on offer price and negotiation strategy for this property — powered by the report, the Smart CMA, and live market search.
What should my opening offer be?Is this priced fairly versus the comps?How much can I realistically negotiate down?
Upgrade to ask Zumintel AISources: RentCast • Google Maps & Places • Attom Data Solutions • OpenAI
Generated by Zumintel • Pro Tier Evaluation
© 2025 Zumintel