Updated Duplex Bungalow
167 Commonwealth Avenue Buffalo, NY 14216
New
For Sale
$320,000
MULTI_FAMILY - Other - Buffalo, NY
Property Size1,634 SF
Lot Size0.11 Acres
Price / SF$195.84
Days on Market4
Property Features for 167 Commonwealth Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1, Basement
- Patio and Porch features
- Porch
- Interior features
- NaturalWoodwork
- Fireplace
- 1
- Appliances
- GasWaterHeater
- Standard status
- Active
- APN
- 140200-078-640-0003-037-000
- Size
- 1,634 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2785
Utilities
- Heating system
- Forced Air, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1918
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Vinyl, Varies
- Building materials
- BlownInInsulation
- Roof type
- Asphalt
- Architectural style
- Other
Listing Agency:
WNYbyOwner.com
(716) 523-8508
Listed By:
Robyn Sansone · License #10491209960
(716) 523-8508
Added: Jul 23
Last Checked: Jul 26 at 4:06PM
MLS# B1701102
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 updated duplex bungalow offers two separate kitchens, refreshed bathrooms, and vinyl flooring throughout. The home includes recently updated major systems and finishes, including whole-house updated electrical, new PEX plumbing, and a hot water tank installed in 2023. A basement laundry area is also provided with a newer Samsung washer and dryer.
The property is located in North Buffalo at 167 Commonwealth Avenue. It is described as being steps from Hertel Avenue and close to local dining, shops, and neighborhood amenities.
Outside, the home includes a yard and a detached 2-car garage for added convenience. The listing presents the home as move-in ready, with exterior paint refreshed in 2024 and kitchen updates featuring granite countertops and appliances in both units.
The property is located in North Buffalo at 167 Commonwealth Avenue. It is described as being steps from Hertel Avenue and close to local dining, shops, and neighborhood amenities.
Outside, the home includes a yard and a detached 2-car garage for added convenience. The listing presents the home as move-in ready, with exterior paint refreshed in 2024 and kitchen updates featuring granite countertops and appliances in both units.
Key Highlights
- North Buffalo bungalow double built in 1918 with 3 bedrooms, 2 bathrooms, and basement
- Major updates include whole‑house electrical, new PEX plumbing, and a hot water tank (2023)
- Vinyl flooring throughout and natural woodwork interior features
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 | $24.5k | $15.00 |
| − Vacancy | −$1.3k | −$0.83 |
| EGI | $23.2k | $14.17 |
| − OpEx | −$6.9k | −$4.25 |
| NOI | $16.2k | $9.92 |
1,634 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$231.6K
$202.7K – $270.2K
NOI $16,213 @ 7.0% cap · market cap 5.07%
Second Best
Apartment 5plus
$213.3K
$186.7K – $248.9K
NOI $14,934 @ 7.0% cap · market cap 4.67%
Theoretical Best
Office A
$392.9K
$343.8K – $458.4K
NOI $27,506 @ 7.0% cap · market cap 8.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Updated duplex on Commonwealth Avenue with two refreshed kitchens, vinyl flooring, and a detached 2-car garage.
Where is this duplex located?
The property is located at 167 Commonwealth Avenue Buffalo, NY.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: North Buffalo bungalow double built in 1918 with 3 bedrooms, 2 bathrooms, and basement; Major updates include whole‑house electrical, new PEX plumbing, and a hot water tank (2023); Vinyl flooring throughout and natural woodwork interior features
