Duplex with Fenced
For Sale
$184,900
Pending
129 Albert Avenue, Buffalo, NY 14207
Residential, Buffalo, NY
Property Size1,628 SF
Lot Size0.07 Acres
Days on Market489
Property Features for 129 Albert Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 1, Basement, Bathroom 2, Bedroom 4, Bedroom 2, Bathroom 1
Patio and Porch features
Patio
Interior features
CeilingFans
Exterior features
Balcony, FullyFenced, Patio
Fencing
Fenced
Appliances
GasWaterHeater
Lot features
Rectangular, Rectangular Lot
Elementary school district
Buffalo
Middle school district
Buffalo
High school district
Buffalo
Directions
From Ontario St, head SE on Albert
Subdivision
Buffalo City-140200
Standard status
Pending
APN
140200-077-650-0004-003-000
Size
1,628 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
1149
Utilities
Heating system
Forced Air
Water source
Public
Amenities
attic
basement
fenced yard
porch
Building Details
Year built
1920
Floors in Building
2
Number of units
2
Flooring type
Hardwood, Varies, Vinyl, Carpet, Laminate, Tile
Building materials
VinylSiding, CopperPlumbing
Architectural style
Other
Listing Agency:
Sell Your Homes Services, LLC
(888) 219-3009
Listed By:
Daniel J Demers · License #10491205270
(877) 893-6566
Added: Jun 17, 2025
Changed: Sep 13
Last Checked: Oct 18 at 12:06AM
MLS# B1615551
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,628-square-foot duplex, built in 1920, contains two two-bedroom units with separate utilities. The upper residence is vacant and includes painted interiors, carpeted living and dining rooms, a porch, a kitchen with ample cabinetry, two bedrooms with closets, and a refreshed bathroom. The tenant-occupied lower unit offers a spacious living room, hardwood dining area with stained-glass windows, an eat-in kitchen, two carpeted bedrooms, and an updated bathroom.
The property also includes an attic, basement, fenced yard, patio, balcony, and off-street parking. Vinyl siding, copper plumbing, forced-air heat, a gas water heater, and public water are among the existing features. A 2024 Rental Compliance Certificate is in place, and the property recently passed FHA approval.
The property also includes an attic, basement, fenced yard, patio, balcony, and off-street parking. Vinyl siding, copper plumbing, forced-air heat, a gas water heater, and public water are among the existing features. A 2024 Rental Compliance Certificate is in place, and the property recently passed FHA approval.
Key Highlights
- Two‑unit duplex with 1,628 square feet and two bedrooms in each unit
- Vacant upper unit with painted interiors, porch, refreshed bath, and ample kitchen cabinetry
- Lower unit is tenant‑occupied and includes hardwood flooring and stained‑glass dining‑room windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,154
Cap Rate
8.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$323,080
$323.1K
Cap Rate 7%
$230,771
$230.8K
Cap Rate 9%
$179,489
$179.5K
Market Conditions
NOI Build-Up for 1,628 SF
Gross rent
$24.4K $15.00/SF
− Vacancy
−$1.3K −$0.83/SF
EGI
$23.1K $14.17/SF
− OpEx
−$6.9K −$4.25/SF
NOI
$16.2K $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%
$323,080
Cap Rate 7%
$230,771
Cap Rate 9%
$179,489
Alternative Uses
Best Use
Multifamily LT 5
$230.8K
$201.9K – $269.2K
NOI $16,154 @ 7.0% cap · market cap 8.74%
Second Best
Apartment 5plus
$212.6K
$186.0K – $248.0K
NOI $14,879 @ 7.0% cap · market cap 8.05%
Theoretical Best
Office A
$391.5K
$342.6K – $456.8K
NOI $27,405 @ 7.0% cap · market cap 14.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Single-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
767
Businesses Nearby
Explore this area
Business Placement
Demographics for 14207, NY
26,006
Population
11,317
Households
2.3
Avg Household Size
32
Median Age
19%
College-Educated
79%
High-School Grad
3.9 sq mi
ZIP Area
6,668
Density / Sq Mi
$38,951
Median Household Income
$33,851
Median Earnings
$943
Median Rent
$111,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Vinyl-sided duplex with separate utilities, off-street parking, and one vacant unit available for occupancy.
Where is this duplex located?
The property is located at 129 Albert Avenue Buffalo, NY.
What is the asking price?
The asking price for this property is $184,900.
What are key features of this property?
This property features: Two‑unit duplex with 1,628 square feet and two bedrooms in each unit; Vacant upper unit with painted interiors, porch, refreshed bath, and ample kitchen cabinetry; Lower unit is tenant‑occupied and includes hardwood flooring and stained‑glass dining‑room windows
