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    15 Monroe St Lackawanna, NY 14218

    Sponsored
    Picture of Duplexes at Monroe St 15, Lackawanna, NY
    For Sale
    $119,999

    MULTI_FAMILY - Other - Lackawanna, NY

    Property size:
    1,554 SF
    Lot size:
    0.15 Acres
    Days on Market:
    2
    Last Refresh:
    Jan 8 at 7:06 pm

    Property Features for 15 Monroe St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 4, Bedroom 1, Bedroom 3
    Bedrooms
    4
    Bathrooms
    2
    APN
    140900-142-620-0006-013-100
    Exterior features
    FullyFenced
    Fencing
    Fenced
    Appliances
    GasWaterHeater
    Size
    1,554 SF
    Lot size
    0.15 Acres

    Utilities

    Heating system
    Space Heater, Forced Air, Natural Gas
    Water source
    Public

    Building Details

    Year built
    1920
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Varies, Hardwood
    Building materials
    VinylSiding
    Architectural style
    Other

    M J Peterson Real Estate (716) 689-7800 [email protected]

    Listing agent Haza Taha (716) 689-7800 License #10401396705

    Listing date Jan 7, 2026

    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.

    Overview

    Lackawanna Multi-Unit Investment Property

    This multi-unit investment property, located in Lackawanna, NY, features two units. Each unit includes 2 bedrooms, 1 bathroom, a living room, and a kitchen. The property size is 1554 square feet, situated on a 0.1488-acre lot. The first unit currently earns $550 per month, and the second earns $450 per month. There is potential to increase rents up to $800-$900 per unit, suggesting strong future returns.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lackawanna
    County
    Erie
    State
    New York
    Longitude
    -78.826559
    Latitude
    42.816211

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    FAQs

    What type of property is this?
    Duplex - Multi-unit property in Lackawanna, NY with high rental potential.
    Where is this duplex located?
    The property is located at 15 Monroe St Lackawanna, NY.
    What is the asking price?
    The asking price for this property is $119,999.
    What are key features of this property?
    This property features: - High rental income potential with current rents of $550 and $450 per unit.; - Opportunity to increase rents to $800-$900 per unit for strong future returns.; - Multi-unit property featuring two separate units.
    (716) 689-7800
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    15 Monroe St Lackawanna, NY 14218
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15 Monroe St Lackawanna, NY 14218
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