Renovated Two-Unit
134 Woodlawn Avenue Depew, NY 14043
134 Woodlawn Avenue, Depew, NY, 14043
$289,900
Pending
For Sale
$289,900
Pending
MULTI_FAMILY - Depew, NY
Property Size2,146 SF
Lot Size0.18 Acres
Days on Market12
Property Features for 134 Woodlawn Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 2, Basement, Bedroom 4, Bathroom 2, Bedroom 5, Bedroom 1, Bedroom 3
- Parking features
- Garage
- Exterior features
- FullyFenced
- Fencing
- Fenced
- Appliances
- GasWaterHeater
- Standard status
- Pending
- APN
- 145201-104-780-0002-015-000
- Size
- 2,146 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6885
Utilities
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1949
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Hardwood, Varies, Vinyl
- Building materials
- VinylSiding
Listing Agency
WNY Metro Roberts Realty
(716) 559-9972
5687 Main St., cheektowaga, NY
Listed by
Ryan Burke · License #10301222154
(716) 572-2848
Added: Jul 6 Checked: Jul 17 at 9:06 pm
MLS# B1694729
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 renovated two-unit duplex offers a practical layout for both owner-occupants and investors. The lower unit features three bedrooms, hardwood flooring, and a spacious eat-in kitchen with a large center island. The upper unit includes two bedrooms and has new luxury vinyl flooring. Both units have updated kitchens with modern cabinetry and remodeled bathrooms with tiled tub surrounds. Separate washer and dryer hookups are available for each unit in the basement. Exterior amenities include a fully fenced backyard with a patio and a detached 2-car garage, along with ample off-street parking. The roof was replaced in 2011.
Situated at 134 Woodlawn Avenue in Depew, the property is located in the Depew School District. The home is described as move-in ready and conveniently positioned near shopping, restaurants, parks, and major commuter routes, providing everyday access to local services and transportation.
The configuration supports several tenanting and living options, including occupying one unit while renting the other, or renting both units as a residential income strategy. With the upper unit to be delivered vacant at closing, an owner can be set up to start using it immediately, while the lower unit currently provides ongoing rental income. Both units’ renovations and dedicated laundry hookups add day-to-day convenience for future occupants.
Situated at 134 Woodlawn Avenue in Depew, the property is located in the Depew School District. The home is described as move-in ready and conveniently positioned near shopping, restaurants, parks, and major commuter routes, providing everyday access to local services and transportation.
The configuration supports several tenanting and living options, including occupying one unit while renting the other, or renting both units as a residential income strategy. With the upper unit to be delivered vacant at closing, an owner can be set up to start using it immediately, while the lower unit currently provides ongoing rental income. Both units’ renovations and dedicated laundry hookups add day-to-day convenience for future occupants.
Key Highlights
- Two‑unit property with 3‑bedroom lower unit and 2‑bedroom upper unit; upper unit delivered vacant at closing
- Property currently generates $3,070/month in rental income
- Updated interiors with remodeled bathrooms and updated kitchens; lower unit with hardwood flooring and eat‑in kitchen
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 | $29.6k | $13.80 |
| − Vacancy | −$9.9k | −$4.61 |
| EGI | $19.7k | $9.19 |
| − OpEx | −$5.9k | −$2.76 |
| NOI | $13.8k | $6.43 |
2,146 SF · lease $13.80/SF/yr · vacancy 33.44% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$197.1K
$172.5K – $230.0K
NOI $13,798 @ 7.0% cap · market cap 4.76%
Second Best
Apartment 5plus
$177.0K
$154.9K – $206.5K
NOI $12,390 @ 7.0% cap · market cap 4.27%
Theoretical Best
Office A
$469.1K
$410.5K – $547.3K
NOI $32,839 @ 7.0% cap · market cap 11.33%
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 - Updated duplex with separate living spaces, fenced yard, garage, and in-unit laundry hookups for flexible occupancy or rental income.
Where is this duplex located?
The property is located at 134 Woodlawn Avenue Depew, NY.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Two‑unit property with 3‑bedroom lower unit and 2‑bedroom upper unit; upper unit delivered vacant at closing; Property currently generates $3,070/month in rental income; Updated interiors with remodeled bathrooms and updated kitchens; lower unit with hardwood flooring and eat‑in kitchen
