Updated Duplex with Two-Car
For Sale
$289,900
Pending
134 Woodlawn Avenue, Depew, NY 14043
Residential, Depew, NY
Property Size2,146 SF
Lot Size0.18 Acres
Days on Market92
Property Features for 134 Woodlawn Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 4, Bedroom 1, Basement, Bedroom 5, Bathroom 2, Bedroom 2, Bedroom 3
Parking features
Garage
Exterior features
FullyFenced
Fencing
Fenced
Appliances
GasWaterHeater
Lot features
Rectangular, Rectangular Lot, Residential Lot
Elementary school district
Depew
Middle school district
Depew
High school district
Depew
Directions
Broadway to Meadowlawn Ave
Subdivision
Depew Village-Lancaster-145201
Standard status
Pending
APN
145201-104-780-0002-015-000
Size
2,146 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Annual Amount
6885
Utilities
Heating system
Natural Gas, Forced Air
Water source
Public
Amenities
washer/dryer hookups
fenced backyard with patio
Building Details
Year built
1949
Floors in Building
1
Number of units
2
Flooring type
Hardwood, Varies, Vinyl
Building materials
VinylSiding
Listing Agency:
WNY Metro Roberts Realty
(716) 559-9972
Listed By:
Ryan Burke · License #10301222154
(716) 572-2848
Added: Jul 6
Changed: Sep 19
Last Checked: Oct 5 at 8:06PM
MLS# B1694729
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,146-square-foot duplex, built in 1949, contains a three-bedroom lower residence and a two-bedroom upper residence. The lower unit offers hardwood floors and an eat-in kitchen with a center island, while the upper unit has luxury vinyl flooring. Both kitchens and bathrooms have been renovated, and the upper unit will be vacant at closing. The basement provides separate washer and dryer hookups for each residence.
The 0.1766-acre property includes a fully fenced backyard with a patio, detached two-car garage, and additional off-street parking. Vinyl siding, natural gas forced-air heat, and a public water supply are among the existing property features. Located in Depew, NY, the duplex is near shopping, restaurants, parks, and major commuter routes.
The 0.1766-acre property includes a fully fenced backyard with a patio, detached two-car garage, and additional off-street parking. Vinyl siding, natural gas forced-air heat, and a public water supply are among the existing property features. Located in Depew, NY, the duplex is near shopping, restaurants, parks, and major commuter routes.
Key Highlights
- 2,146‑square‑foot duplex with a three‑bedroom lower unit and two‑bedroom upper unit
- Upper unit to be delivered vacant at closing
- Renovated kitchens and bathrooms in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,798
Cap Rate
4.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$275,960
$276.0K
Cap Rate 7%
$197,114
$197.1K
Cap Rate 9%
$153,311
$153.3K
Market Conditions
NOI Build-Up for 2,146 SF
Gross rent
$29.6K $13.80/SF
− Vacancy
−$9.9K −$4.61/SF
EGI
$19.7K $9.19/SF
− OpEx
−$5.9K −$2.76/SF
NOI
$13.8K $6.43/SF
Area
Erie County, NY
Vacancy
33.44%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$275,960
Cap Rate 7%
$197,114
Cap Rate 9%
$153,311
Alternative Uses
Best Use
Multifamily LT 5
$197.1K
$172.5K – $230.0K
NOI $13,798 @ 7.0% cap · market cap 4.76%
Second Best
Apartment 5plus
$177.0K
$154.9K – $206.5K
NOI $12,390 @ 7.0% cap · market cap 4.27%
Theoretical Best
Office A
$469.1K
$410.5K – $547.3K
NOI $32,839 @ 7.0% cap · market cap 11.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
517
Businesses Nearby
Explore this area
Business Placement
Demographics for 14043, NY
24,962
Population
11,743
Households
2.1
Avg Household Size
45
Median Age
27%
College-Educated
94%
High-School Grad
9.1 sq mi
ZIP Area
2,743
Density / Sq Mi
$73,373
Median Household Income
$50,263
Median Earnings
$1,072
Median Rent
$192,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two renovated units include separate laundry hookups, a fenced backyard, and off-street parking.
Where is this duplex located?
The property is located at 134 Woodlawn Avenue Depew, NY.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: 2,146‑square‑foot duplex with a three‑bedroom lower unit and two‑bedroom upper unit; Upper unit to be delivered vacant at closing; Renovated kitchens and bathrooms in both units
