Two-Family Residence with Central
143 Oakland Place, Buffalo, NY 14222
- Added:
- May 15, 2026
- Days on Market:
- 49
- Last Refresh:
- Jul 2 at 6:06 pm
Property Features for 143 Oakland Place
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bedroom 5, Bedroom 3, Bedroom 2, Bedroom 7, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 6, Bedroom 4, Basement, Bathroom 4
- Parking features
- Garage
- Patio and Porch features
- Patio
- Interior features
- NaturalWoodwork, ProgrammableThermostat
- Exterior features
- Awnings, Balcony, FullyFenced, Patio
- Fencing
- Fenced
- Fireplace
- 1
- Appliances
- GasWaterHeater
- Standard status
- Pending
- APN
- 140200-100-540-0002-001-000
- Size
- 4,070 SF
Taxes and HOA fees
- Tax Annual Amount
- 9927
Utilities
- Heating system
- Baseboard, Natural Gas, Zoned, Hot Water(Heating)
- Cooling system
- Zoned, Central Air
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 3
- Number of units
- 2
- Flooring type
- Hardwood, Tile, Varies, Laminate, Carpet
- Building materials
- Cedar, ShakeSiding, CopperPlumbing, PexPlumbing
- Roof type
- Flat, Asphalt, Shingle
- Architectural style
- Other
Listing agent Robert L Meredith License #10311200417 (716) 603-0200
Listing office Gurney Becker & Bourne 976 Delaware Ave, Buffalo, NY (716) 849-1234
Listing date May 15, 2026
MLS# B1679574
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.
HighLights
- 2‑family residence with over 4,000 sq ft total living space, offering a lower unit and an upper unit with separate utilities
- Lower unit features 2 bedrooms and 1 full bath, with oak hardwood floors, decorative fireplaces, and a bright front sunroom plus den
- Upper owner's unit spans two full floors with 6 bedrooms and 3 full baths, plus multiple renovations including a brand‑new kitchen with recessed lights
- Recent upgrades include updated electrical service and two newer boilers (2022 & 2025)
- Exterior includes a new roof in 2019, fully fenced yard, stamped concrete patio, awnings, balcony, and a 1‑car garage with ample off‑street parking
- Heating and cooling include zoned hot water baseboard heat and central air with zoned cooling; gas water heater
Overview
This two-family residence offers a total of just over 4,000 square feet, combining historic character with multiple modern updates. Both units have separate utilities. The lower unit features two bedrooms and one full bath, with oak hardwood floors, decorative fireplaces, a bright front sunroom, and a den with custom built-ins. Its updated kitchen includes solid-surface countertops and a full appliance package, plus a finished lower-level family room for additional living and entertaining space. The upper unit spans two full floors and includes six bedrooms and three full baths, supported by refinished hardwood floors, fresh paint, new carpeting, and a brand-new kitchen with recessed lights, granite countertops, and a tile backsplash. Central air is available for climate comfort, and the home includes multiple decorative fireplaces, a den, and two private exterior porches.
Located in Buffalo, NY 14222, the property sits at 143 Oakland Place. Exterior improvements include a new roof installed in 2019. The fenced yard features a stamped concrete patio, and there is a one-car garage along with ample off-street parking.
The layout supports flexible occupancy, whether you plan to live in one unit and rent the other or operate both units as income. Recent upgrades include updated electrical service and two newer boilers installed in 2022 and 2025, helping improve reliability for day-to-day operations.
Located in Buffalo, NY 14222, the property sits at 143 Oakland Place. Exterior improvements include a new roof installed in 2019. The fenced yard features a stamped concrete patio, and there is a one-car garage along with ample off-street parking.
The layout supports flexible occupancy, whether you plan to live in one unit and rent the other or operate both units as income. Recent upgrades include updated electrical service and two newer boilers installed in 2022 and 2025, helping improve reliability for day-to-day operations.
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 | $61.1k | $15.00 |
| − Vacancy | −$3.4k | −$0.83 |
| EGI | $57.7k | $14.17 |
| − OpEx | −$17.3k | −$4.25 |
| NOI | $40.4k | $9.92 |
4,070 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$576.9K
$504.8K – $673.1K
NOI $40,385 @ 7.0% cap · market cap 5.39%
Second Best
Apartment 5plus
$531.4K
$465.0K – $620.0K
NOI $37,197 @ 7.0% cap · market cap 4.96%
Theoretical Best
Office A
$978.8K
$856.4K – $1.14M
NOI $68,513 @ 7.0% cap · market cap 9.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Buffalo
- County
- Erie
- State
- New York
- Longitude
- -78.87464
- Latitude
- 42.908722
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two separate, updated units with central air, fenced yard, patio, and off-street parking—well suited for owner-occupancy or rental use.
Where is this duplex located?
The property is located at 143 Oakland Place Buffalo, NY.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: 2‑family residence with over 4,000 sq ft total living space, offering a lower unit and an upper unit with separate utilities; Lower unit features 2 bedrooms and 1 full bath, with oak hardwood floors, decorative fireplaces, and a bright front sunroom plus den; Upper owner's unit spans two full floors with 6 bedrooms and 3 full baths, plus multiple renovations including a brand‑new kitchen with recessed lights
