Renovated Two-Unit Residential
465 Woodlawn Avenue Buffalo, NY 14208
465 Woodlawn Avenue, Buffalo, NY, 14208
$279,000
For Sale
$279,000
MULTI_FAMILY - Other - Buffalo, NY
Property Size2,372 SF
Lot Size0.07 Acres
Price / SF$117.62
Days on Market22
Property Features for 465 Woodlawn Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 4, Bedroom 5, Bathroom 1, Basement, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 6, Bedroom 1
- Appliances
- GasWaterHeater
- Standard status
- Active
- APN
- 140200-100-430-0001-004-000
- Size
- 2,372 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 724
Utilities
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1910
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Hardwood, Varies, Vinyl
- Building materials
- VinylSiding
- Architectural style
- Other
Listing agency
WNY Metro Roberts Realty
(716) 875-2211
Listed by
Badruddaza C Noman · License #10401373949
(347) 852-7169
Added: Jul 2 Updated: Jul 18 at 9:55AM Checked: Jul 23 at 10:06AM
MLS# B1695246
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 extensively renovated two-family home offers two identical residential units. Each unit includes three bedrooms, a large kitchen, and a living room with a dining area. The property has been updated with all-new windows, a brand-new metal roof, and new siding. Mechanical and water service upgrades include two brand-new furnaces and two brand-new water heaters, along with new kitchen and bathroom cabinets.
The home includes a full basement and a full attic for additional storage. A front porch adds to the residential feel, and the foundation is described as being in excellent condition.
Set on a 0.0723-acre lot, the property is offered for sale with open house scheduled for July 18, 2026 from 11:00 AM to 1:00 PM, and offers due July 20, 2026 at 9:00 AM. Conveniently located near shopping, restaurants, schools, public transportation, and other amenities.
The home includes a full basement and a full attic for additional storage. A front porch adds to the residential feel, and the foundation is described as being in excellent condition.
Set on a 0.0723-acre lot, the property is offered for sale with open house scheduled for July 18, 2026 from 11:00 AM to 1:00 PM, and offers due July 20, 2026 at 9:00 AM. Conveniently located near shopping, restaurants, schools, public transportation, and other amenities.
Key Highlights
- 2‑family home with 2 identical units, each unit offering 3 bedrooms, a large kitchen, and a living room with dining area
- Extensively renovated with all windows changed, full siding replaced, and a brand‑new metal roof
- Major systems updated: 2 brand‑new furnaces and 2 brand‑new water heaters
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 | $35.6k | $15.00 |
| − Vacancy | −$2.0k | −$0.83 |
| EGI | $33.6k | $14.17 |
| − OpEx | −$10.1k | −$4.25 |
| NOI | $23.5k | $9.92 |
2,372 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$336.2K
$294.2K – $392.3K
NOI $23,536 @ 7.0% cap · market cap 8.44%
Second Best
Apartment 5plus
$309.7K
$271.0K – $361.3K
NOI $21,679 @ 7.0% cap · market cap 7.77%
Theoretical Best
Office A
$570.4K
$499.1K – $665.5K
NOI $39,929 @ 7.0% cap · market cap 14.31%
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 - Renovated 2-family home with two identical units, each featuring three bedrooms, living/dining space, full basement, and attic.
Where is this duplex located?
The property is located at 465 Woodlawn Avenue Buffalo, NY.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: 2‑family home with 2 identical units, each unit offering 3 bedrooms, a large kitchen, and a living room with dining area; Extensively renovated with all windows changed, full siding replaced, and a brand‑new metal roof; Major systems updated: 2 brand‑new furnaces and 2 brand‑new water heaters
