Turnkey South Buffalo Investment
135 Whitehall Avenue Buffalo, NY 14220
135 Whitehall Avenue, Buffalo, NY, 14220
$285,000
Pending
For Sale
$285,000
Pending
MULTI_FAMILY - Other - Buffalo, NY
Property Size2,160 SF
Lot Size0.09 Acres
Days on Market59
Property Features for 135 Whitehall Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 2, Bedroom 4, Bathroom 1, Basement, Bedroom 5, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 3
- Patio and Porch features
- Porch
- Interior features
- Storage, NaturalWoodwork
- Fireplace
- 1
- Appliances
- GasWaterHeater
- Standard status
- Pending
- APN
- 140200-133-730-0004-018-000
- Size
- 2,160 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3223
Utilities
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Varies, Hardwood, Tile, Carpet
- Building materials
- ShakeSiding
- Roof type
- Shingle, Asphalt
- Architectural style
- Other
- Additional Structures
- Storage
Listing Agency
Keller Williams Realty Lancaster
(716) 324-2300
3400 Southwestern Blvd., Elma, NY
Listed by
Ryan Daley · License #10301215815
(716) 949-5189
Added: May 21 Checked: Jul 18 at 4:06 am
MLS# B1683389
Listing URL
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.
Located at 135 Whitehall Avenue in Buffalo, NY, this professionally owned and maintained duplex is a turnkey investment opportunity in a prime South Buffalo neighborhood. The property is fully occupied and features two units, each with three bedrooms and two bathrooms. Cosmetic enhancements include remodeled kitchens and bathrooms, neutral paint, and hardwood and tile floors. Substantial capital improvements have been made, including newer furnaces and hot water tanks, central air in both units, several vinyl windows, and an updated electrical service in 2022. An architectural roof is also in place. The property includes a detached two-car garage and a full basement with glass block windows and separate laundry access, providing additional storage options for tenants. Situated on a 0.09-acre lot, the property offers a total of 2160 square feet of living space. The property is conveniently located close to parks, shopping, and restaurants.
Key Highlights
- 3/2 double at 135 Whitehall Avenue with both units fully improved and currently occupied
- Remodeled kitchens and bathrooms, neutral paint, and hardwood and tile flooring throughout
- Capital updates include newer furnaces, gas hot water tanks, and central air in both units
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.4k | $15.00 |
| − Vacancy | −$1.8k | −$0.83 |
| EGI | $30.6k | $14.17 |
| − OpEx | −$9.2k | −$4.25 |
| NOI | $21.4k | $9.92 |
2,160 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$306.2K
$267.9K – $357.2K
NOI $21,433 @ 7.0% cap · market cap 7.52%
Second Best
Apartment 5plus
$282.0K
$246.8K – $329.0K
NOI $19,741 @ 7.0% cap · market cap 6.93%
Theoretical Best
Office A
$519.4K
$454.5K – $606.0K
NOI $36,361 @ 7.0% cap · market cap 12.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Professionally maintained, fully occupied duplex in prime South Buffalo neighborhood.
Where is this duplex located?
The property is located at 135 Whitehall Avenue Buffalo, NY.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: 3/2 double at 135 Whitehall Avenue with both units fully improved and currently occupied; Remodeled kitchens and bathrooms, neutral paint, and hardwood and tile flooring throughout; Capital updates include newer furnaces, gas hot water tanks, and central air in both units
