40 Salem St
Buffalo, NY 14220
6 bd 2 ba 2,452 sqft Built 1930 Lot 3,844 sqft multi_family
Most recent sale
$282,000
Aug 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 29, 2022 | Sold | $282,000 | MLS #B1412717 |
| Jul 5, 2022 | Listed | $234,900 | MLS #B1412717 |
| Sep 10, 2019 | Sold | $192,500 | MLS #B1186063 |
| Apr 17, 2019 | Listed | $192,500 | MLS #B1186063 |
| Dec 8, 2017 | Sold | $485,646 | Public Record |
| Sep 30, 2016 | Sold | $80,600 | Public Record |
| Dec 4, 1998 | Sold | $74,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $265,000 | $19,000 | $284,000 | $937 |
| 2024 | $73,100 | $8,900 | $82,000 | $415 |
| 2023 | $73,100 | $8,900 | $82,000 | $426 |
| 2022 | $73,100 | $8,900 | $82,000 | $412 |
| 2021 | $73,100 | $8,900 | $82,000 | $413 |
| 2020 | $73,100 | $8,900 | $82,000 | $413 |
| 2019 | $62,700 | $5,200 | $67,900 | $1,777 |
| 2018 | $62,700 | $5,200 | $67,900 | $1,752 |
| 2017 | $62,700 | $5,200 | $67,900 | $1,699 |
| 2016 | $62,700 | $5,200 | $67,900 | $1,653 |
| 2015 | $62,700 | $5,200 | $67,900 | $1,617 |
| 2014 | $62,700 | $5,200 | $67,900 | $370 |
| 2013 | $62,700 | $5,200 | $67,900 | $369 |
| 2012 | $62,700 | $5,200 | $67,900 | $373 |
| 2011 | $62,700 | $5,200 | $67,900 | $364 |
| 2010 | $62,700 | $5,200 | $67,900 | $1,591 |
| 2009 | $62,700 | $5,200 | $67,900 | $356 |
| 2008 | $62,700 | $5,200 | $67,900 | $338 |
| 2007 | $59,900 | $5,100 | $65,000 | $337 |
| 2006 | $59,900 | $5,100 | $65,000 | $332 |
Property facts
Year built
1930
Property type
multi_family
Stories
2
Beds
6
Baths
2
Living area
2,452 sqft
Lot size
3,844 sqft
ZIP code
14220
City
Buffalo
Street
Salem St
Coordinates
42.85063, -78.81351
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,692
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 40 Salem St last sell?
40 Salem St most recently sold on Aug 29, 2022 for $282,000.
What is the current tax assessment for 40 Salem St?
The most recent total assessment for 40 Salem St (year 2025) is $284,000 with $937 in property tax.
How does 40 Salem St's assessment compare to its last sale price?
The current assessment is 0.7% above the last sale price of $282,000.
When was 40 Salem St built?
40 Salem St was built in 1930.
How does 40 Salem St compare to others on Salem St?
We track 5 other properties on Salem St. Browse the list under "Other properties on Salem St" to compare beds, baths, and sale history.
What are the property facts for 40 Salem St?
40 Salem St is a 6 bed, 2 bath, 2,452 sqft, 3,844 sqft lot multi_family.
Is 40 Salem St a flip candidate?
No — 40 Salem St does not appear in our flips dataset.
Is 40 Salem St a tax-appeal candidate?
No — 40 Salem St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.5%
Implied 1-yr
+6.0%
2026 Q3
$252.7K
2026 Q4
$256.2K
ZIP 14220 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Salem St