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    240 Lisbon Ave Buffalo, NY 14215

    Pending
    For Sale
    $179,900

    MULTI_FAMILY - Buffalo, NY

    Property size:
    2,882 SF
    Lot size:
    0.10 Acres
    Days on Market:
    26
    Last Refresh:
    Dec 6 at 10:06 pm

    Property Features for 240 Lisbon Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Rooms
    Bedroom 5, Bathroom 1, Bedroom 6, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 1, Basement
    Bedrooms
    6
    Bathrooms
    2
    APN
    140200-079-640-0005-031-000
    Interior features
    NaturalWoodwork
    Exterior features
    FullyFenced
    Fencing
    Fenced
    Appliances
    GasWaterHeater
    Size
    2,882 SF
    Lot size
    0.10 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Water source
    Public

    Building Details

    Year built
    1925
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Varies, Hardwood
    Building materials
    Brick, VinylSiding, CopperPlumbing
    Roof type
    Asphalt

    WNY METRO ROBERTS REALTY (716) 891-1710 [email protected]

    Listing agent Emmanuel Williams (716) 875-2211 License #10301217766

    Listing date Nov 11, 2025

    MLS# B1647223 Listing URL

    Copyright © 2025 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

    Two-Family Home in University District

    Located in the heart of the University District in Buffalo, this two-family home presents an opportunity for either owner-occupancy or investment. Each unit includes 3 bedrooms and 1 full bath, complemented by hardwood floors and ample living space. The property features solid mechanics, a full basement, and a walk-up attic suitable for storage or future expansion. Currently, the property is rented, generating a total monthly income of $2,400, with potential for rent increases. Situated near UB South Campus, shopping, restaurants, and public transportation, the property offers both comfort and stability. The lot size is 0.0964 acres, and the property size is 2882 square feet.
    Property Profile 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
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.819608
    Latitude
    42.9477

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    FAQs

    What type of property is this?
    Duplex - Spacious two-family home near UB South Campus.
    Where is this duplex located?
    The property is located at 240 Lisbon Ave Buffalo, NY.
    What is the asking price?
    The asking price for this property is $179,900.
    What are key features of this property?
    This property features: - Excellent Income Potential: Currently generating $2,400/month with room for rent increases, making it ideal for investors or owner-occupants.; - Spacious Two-Family Home: Features two units, each with 3 bedrooms and 1 full bath, providing ample living space.; - Prime University District Location: Conveniently located near UB South Campus, shopping, restaurants, and public transportation.
    (716) 875-2211
    Request Owner's contact information
    240 Lisbon Ave Buffalo, NY 14215
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    Buffalo, NY 14215
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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
    240 Lisbon Ave Buffalo, NY 14215
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