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    31 Wallace Ave Buffalo, NY 14227

    For Sale
    $179,900

    Well-kept 2-unit property perfect for owner-occupants or investors.

    Lot size:
    0.13 Acres

    Property Features for 31 Wallace Ave

    General Information

    Lot size
    0.13 Acres

    Building Details

    Year built
    1957

    Source: Red Door Real Estate WNY LLC Agent Johir Hussain

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Cheektowaga Multi-Family Residential Property

    This well-kept 2-unit property is suitable for both owner-occupants and investors. Located on a quiet residential street in Cheektowaga, New York, it offers convenient access to Walden Ave, the Galleria Mall, restaurants, and the thruway. The lower unit features 3 bedrooms, a large eat-in kitchen, and a comfortable living space. The upper unit is a bright 2-bedroom apartment, also with a large eat-in kitchen. The property includes a generous 2.5-car garage and a yard with ample space for parking and outdoor activities. New electrical service is planned for completion in July 2025. The property has strong rental potential, making it an opportunity to live in one unit and rent the other, or add to an investment portfolio.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.846871
    Latitude
    42.94435

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    FAQs

    What type of property is this?
    Duplex - Well-kept 2-unit property perfect for owner-occupants or investors.
    Where is this duplex located?
    The property is located at 31 Wallace 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: - Ideal for owner-occupants or investors due to its multi-family setup.; - New electrical service completed July 2025.; - Convenient location near Walden Ave, Galleria Mall, restaurants, and thruway.
    (716) 255-1702
    Request Owner's contact information
    31 Wallace Ave Buffalo, NY 14227
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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
    31 Wallace Ave Buffalo, NY 14227
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