A remarkable three-unit investment opportunity located just minutes from great restaurants, boutique shopping, cafes, and popular local hotspots. This lovingly-maintained multifamily property offers strong rental potential and is an excellent addition to any portfolio—ideal for both new and experienced investors.
The first-floor unit features three bedrooms, two full bathrooms, and the convenience of in-unit laundry. Upstairs, there is a spacious two-bedroom, one-bath apartment, along with a separate one-bedroom, one-bath unit next door. The one-bedroom apartment also includes complimentary laundry access in the basement.
Each unit offers comfortable living space with updated kitchens and bathrooms, making this property appealing to both tenants and owner-occupants. Recent improvements include updated windows, gutters, and fresh interior finishes throughout. Additional highlights include a partially fenced yard, off-street parking, and many updates that make this a true turnkey investment opportunity.
• Group Showings: Sunday, April 12th: 6:00–7:00 PM Tuesday, April 14th: 2:00–3:00 PM Thursday, April 16th: 6:00–7:00 PM.
Must be accompanied by an agent.
Offers Due April 16th, 2026 at 9:00 PM.
Active
$499,900
397-399 University Ave, Rochester, NY 14607
6beds
2,628sqft
Triplex, Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$190/sqft
$-- HOA
What's special
Off-street parkingPartially fenced yardFresh interior finishes throughoutUpdated kitchensUpdated windowsOne-bedroom one-bath unitThree bedrooms
- 5 days |
- 777 |
- 48 |
Zillow last checked:
Listing updated:
Listing by:
Howard Hanna 585-381-4770,
Charity J. Traub 585-673-3794
Source: NYSAMLSs,MLS#: R1672250
Originating MLS: Rochester
Originating MLS: RochesterTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Gas, Radiator(s)
Cooling
- Window Unit(s)
Appliances
- Included: Gas Water Heater
- Laundry: Common Area
Features
- Ceiling Fan(s), Storage, Programmable Thermostat
- Flooring: Ceramic Tile, Hardwood, Luxury Vinyl, Varies
- Windows: Leaded Glass, Storm Window(s), Thermal Windows
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,628
- Total interior livable area: 2,628 sqft
Property
Parking
- Parking features: Paved, Parking Available, Two or More Spaces
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Porch
- Exterior features: Fence
- Fencing: Partial
Lot
- Size: 4,791.6 Square Feet
- Dimensions: 38 x 129
- Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Details
- Parcel number: 26140010682000020330000000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Triplex
- Property subtype: Triplex, Multi Family
Materials
- Vinyl Siding, Copper Plumbing, PEX Plumbing
- Foundation: Block
- Roof: Asphalt,Shingle
Condition
- Resale
- Year built: 1920
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Connected
- Water: Not Connected, Public
- Utilities for property: Cable Available, High Speed Internet Available, Sewer Connected, Water Available
Community & HOA
Community
- Subdivision: Laidlaw Resub
Location
- Region: Rochester
Financial & listing details
- Price per square foot: $190/sqft
- Tax assessed value: $370,000
- Annual tax amount: $8,659
- Date on market: 4/10/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/10/2026 | Listed for sale | $499,900+16.3%$190/sqft |
Source:  NYSAMLSs #R1672250 Report a problem | ||
| 6/17/2024 | Sold | $430,000+22.9%$164/sqft |
Source: Public Record Report a problem | ||
| 3/20/2018 | Sold | $350,000+75.9%$133/sqft |
Source: Public Record Report a problem | ||
| 10/18/2017 | Sold | $199,000$76/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $370,000 +11.6% |
| 2023 | -- | $331,466 +10.5% |
| 2022 | -- | $300,000 |
| 2021 | -- | $300,000 |
| 2020 | -- | $300,000 +160.9% |
| 2018 | -- | $115,000 |
| 2017 | $6,191 | $115,000 |
| 2016 | -- | $115,000 +15% |
| 2015 | -- | $100,000 |
| 2014 | -- | $100,000 |
| 2013 | -- | $100,000 |
| 2012 | -- | $100,000 |
| 2011 | -- | $100,000 |
| 2010 | -- | $100,000 |
| 2009 | -- | $100,000 +12% |
| 2007 | -- | $89,300 |
| 2006 | -- | $89,300 |
| 2005 | -- | $89,300 |
| 2004 | -- | $89,300 +3.8% |
| 2003 | -- | $86,000 |
| 2002 | -- | $86,000 |
| 2001 | -- | $86,000 |
| 2000 | -- | $86,000 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: East Avenue
Nearby schools
GreatSchools rating
- 2/10School 58 World Of Inquiry SchoolGrades: PK-12Distance: 0.3 mi
- 4/10School Of The ArtsGrades: 7-12Distance: 0.1 mi
- 4/10School 53 Montessori AcademyGrades: PK-6Distance: 0.7 mi
Schools provided by the listing agent
- District: Rochester
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- New York
- Monroe County
- Rochester
- 14607
- East Avenue
- 397-399 University Ave
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Nearby neighborhoods
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