Duplex with Attached
12 Grandview Drive, Buffalo, NY 14228
For Sale
New
$379,900
Residential, Buffalo, NY
Property Size2,236 SF
Lot Size0.19 Acres
Price / SF$169.90
Days on Market1
Property Features for 12 Grandview Drive
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Patio and Porch features
Interior features
Exterior features
Fencing
Appliances
Lot features
Elementary school district
Middle school district
High school district
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Cooling system
Water source
Amenities
large yard
outdoor patio
storage shed
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Architectural style
Buildings
Listing Agency:
Keller Williams Realty WNY
(716) 832-3300
Listed By:
Richard Glogowski · License NY #10301201109
(716) 984-8208
Added: Nov 9
Last Checked: Nov 9 at 9:06PM
MLS# B1725194
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.
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Investment Insights
Based on property information with market context.
This 2,236-square-foot duplex, built in 1971, has two occupied residences. The lower unit offers three bedrooms and one bathroom. The upper unit has two bedrooms, with an interior wall creating the option for a third bedroom or a separate office or den. The property also includes an attached two-car garage, a fenced yard, a patio, and a storage shed.
The property is near the University at Buffalo, grocery stores, shopping, commuter routes, and public transportation. Heating is forced-air natural gas, and central air conditioning is installed.
The property is near the University at Buffalo, grocery stores, shopping, commuter routes, and public transportation. Heating is forced-air natural gas, and central air conditioning is installed.
Key Highlights
- 2,236 square feet across two occupied residences
- Lower unit has 3 bedrooms and 1 bathroom
- Upper unit has 2 bedrooms and a wall that can allow for a third bedroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,187
Cap Rate
5.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$443,740
$443.7K
Cap Rate 7%
$316,957
$317.0K
Cap Rate 9%
$246,522
$246.5K
Market Conditions
NOI Build-Up for 2,236 SF
Gross rent
$33.5K $15.00/SF
− Vacancy
−$1.8K −$0.83/SF
EGI
$31.7K $14.17/SF
− OpEx
−$9.5K −$4.25/SF
NOI
$22.2K $9.92/SF
Area
Buffalo, NY
Vacancy
5.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$443,740
Cap Rate 7%
$316,957
Cap Rate 9%
$246,522
Alternative Uses
Best Use
Multifamily LT 5
$317.0K
$277.3K – $369.8K
NOI $22,187 @ 7.0% cap · market cap 5.84%
Second Best
Apartment 5plus
$291.9K
$255.5K – $340.6K
NOI $20,436 @ 7.0% cap · market cap 5.38%
Theoretical Best
Office A
$537.7K
$470.5K – $627.3K
NOI $37,640 @ 7.0% cap · market cap 9.91%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
406
Businesses Nearby
Explore this area
Business Placement
Demographics for 14228, NY
23,945
Population
10,601
Households
2.3
Avg Household Size
32
Median Age
49%
College-Educated
92%
High-School Grad
15.9 sq mi
ZIP Area
1,506
Density / Sq Mi
$72,426
Median Household Income
$40,958
Median Earnings
$1,264
Median Rent
$246,100
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Buffalo, NY
Properties on Market for Duplexes in Buffalo
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are occupied, with a fenced outdoor area, patio, storage shed, and two-car garage.
Where is this duplex located?
The property is located at 12 Grandview Drive Buffalo, NY.
What is the asking price?
The asking price for this property is $379,900.
What are key features of this property?
This property features: 2,236 square feet across two occupied residences; Lower unit has 3 bedrooms and 1 bathroom; Upper unit has 2 bedrooms and a wall that can allow for a third bedroom
