Two-Unit Residential Income
106 Jewett Avenue Buffalo, NY 14214
New
106 Jewett Avenue, Buffalo, NY, 14214
$324,900
For Sale
$324,900
MULTI_FAMILY - Other - Buffalo, NY
Property Size2,362 SF
Lot Size0.12 Acres
Price / SF$137.55
Days on Market4
Property Features for 106 Jewett Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 3, Bedroom 5, Bedroom 6, Bathroom 2, Basement, Bedroom 2, Bedroom 4, Bedroom 1
- Patio and Porch features
- Porch, Patio
- Exterior features
- Balcony, FullyFenced, Patio
- Fencing
- Fenced
- Appliances
- GasWaterHeater
- Standard status
- Active
- APN
- 140200-089-440-0009-021-000
- Size
- 2,362 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3554
Utilities
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Varies, Hardwood, Carpet, Tile
- Building materials
- Brick, VinylSiding, WoodSiding
- Roof type
- Asphalt, Shingle
- Architectural style
- Other
Listing Agency
Pioneer Star Real Estate Inc.
(716) 689-7250
139 Niagara Falls Blvd, Williamsville, NY
Listed by
Pushpa Gunatilake · License #10311200587
(716) 907-3046
Added: Jul 14 Checked: Jul 17 at 3:06 pm
MLS# B1698700
Listing URL
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 well-maintained two-unit duplex offers a clear residential income setup, with a spacious upper unit and a spacious lower unit. Each apartment includes three bedrooms, providing ample living space and a practical layout for long-term occupancy. The property has been thoughtfully cared for and reflects pride of ownership throughout.
Located in Buffalo, NY 14214 on a quiet residential street, the home is positioned for everyday convenience, with shopping, restaurants, schools, parks, and public transportation nearby. Access to major roadways and surrounding neighborhoods supports straightforward commuting and ease of local travel.
Offered for sale as a residential income property, this duplex is suited for an owner-occupant or an investor looking for a well-kept, two-unit configuration with consistent bedroom counts across both units.
Located in Buffalo, NY 14214 on a quiet residential street, the home is positioned for everyday convenience, with shopping, restaurants, schools, parks, and public transportation nearby. Access to major roadways and surrounding neighborhoods supports straightforward commuting and ease of local travel.
Offered for sale as a residential income property, this duplex is suited for an owner-occupant or an investor looking for a well-kept, two-unit configuration with consistent bedroom counts across both units.
Key Highlights
- Two‑unit multifamily property with upper and lower apartments
- Each apartment offers 3 bedrooms (3‑bedroom units in both levels)
- Exterior features include balcony, porch, and patio
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 | $35.4k | $15.00 |
| − Vacancy | −$1.9k | −$0.83 |
| EGI | $33.5k | $14.17 |
| − OpEx | −$10.0k | −$4.25 |
| NOI | $23.4k | $9.92 |
2,362 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$334.8K
$293.0K – $390.6K
NOI $23,437 @ 7.0% cap · market cap 7.21%
Second Best
Apartment 5plus
$308.4K
$269.8K – $359.8K
NOI $21,587 @ 7.0% cap · market cap 6.64%
Theoretical Best
Office A
$568.0K
$497.0K – $662.7K
NOI $39,761 @ 7.0% cap · market cap 12.24%
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 - Well-maintained duplex with two spacious three-bedroom apartments, offered for sale in Buffalo’s 14214 area.
Where is this duplex located?
The property is located at 106 Jewett Avenue Buffalo, NY.
What is the asking price?
The asking price for this property is $324,900.
What are key features of this property?
This property features: Two‑unit multifamily property with upper and lower apartments; Each apartment offers 3 bedrooms (3‑bedroom units in both levels); Exterior features include balcony, porch, and patio
