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80 Ellwood Place, Buffalo, NY, 14225
Charming Duplex in Buffalo, NY

80 Ellwood Place Buffalo, NY 14225

For Sale
$189,000
Pending

MULTI_FAMILY - Other - Buffalo, NY

Property Size1,428 SF
Lot Size0.19 Acres
Days on Market112

Property Features for 80 Ellwood Place

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Rooms Bathroom 2, Bedroom 2, Bathroom 1, Basement, Bedroom 4, Bedroom 1, Bedroom 3
Parking features Open
Patio and Porch features Porch
Appliances GasWaterHeater
Standard status Pending
APN 143089-091-140-0011-013-000
Size 1,428 SF
Lot size 0.19 Acres

Taxes and HOA fees

Tax Annual Amount 5056

Utilities

Heating system Natural Gas, Forced Air
Water source Public

Building Details

Year built 1943
Floors in Building 1
Number of units 2
Flooring type Vinyl, Varies, Carpet
Building materials VinylSiding
Roof type Asphalt
Architectural style Other
Listing Agency: Keller Williams Realty WNY
Listed By: Alison L Burke · License #40BU1122766
Added: Apr 10 Changed: Jul 28 Last Checked: Jul 30 at 3:06AM
MLS# B1672772

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 charming duplex, owned and cared for by the same family for years, is ready for a new owner. Both units are mirror images of each other, featuring a wide front porch. Each unit includes two sizable bedrooms and one bath, with rooms that are roomy and sun-filled. Each unit also has a basement that offers additional storage. The property has been refreshed with paint and new carpet. Situated on a quiet, tree-lined street, this property is an ideal opportunity to live in one unit and rent out the other. The property size is 1428 square feet and the lot size is 0.19 acres.

Key Highlights

  • Duplex built in 1943 with two mirror‑image units
  • Each unit offers 2 sizable bedrooms and 1 bathroom
  • Each unit includes a basement for additional storage

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 $21.4k $15.00
− Vacancy −$1.2k −$0.83
EGI $20.2k $14.17
− OpEx −$6.1k −$4.25
NOI $14.2k $9.92
1,428 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$202.4K
$177.1K – $236.2K (±1% cap)
NOI $14,169 @ 7.0% cap · market cap 7.50%
Second Best
Apartment 5plus
$186.4K
$163.1K – $217.5K (±1% cap)
NOI $13,051 @ 7.0% cap · market cap 6.91%
Theoretical Best
Office A
$343.4K
$300.5K – $400.6K (±1% cap)
NOI $24,038 @ 7.0% cap · market cap 12.72%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Skin Care Clinic Electrical Service Cafe & Coffee Shop

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Duplex - Delightful duplex with refreshed interiors, ideal for owner-occupancy.
Where is this duplex located?
The property is located at 80 Ellwood Place Buffalo, NY.
What is the asking price?
The asking price for this property is $189,000.
What are key features of this property?
This property features: Duplex built in 1943 with two mirror‑image units; Each unit offers 2 sizable bedrooms and 1 bathroom; Each unit includes a basement for additional storage
More about this property
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