Duplex with Two-Car
For Sale
$274,900
139 Stratford Road, Buffalo, NY 14216
Two apartments offer separate outdoor porches, with basement storage and a walk-up attic adding practical space.
Property Size2,286 SF
Price / SF$120.25
Days on Market48
Property Features for 139 Stratford Road
General Information
Standard status
Active
Size
2,286 SF
Total Parking Spaces
2
Property subtype
Multi Family Home
Site & Location
Neighborhood
North Park
Additional Details
Asking Price
$299,900
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$3,445
Amenities
French Door(s)/Atrium Door(s)
Balcony
Building Details
Building Size
2,286 SF
Year Built
1921
Buildings
1
Stories
2
Units
2
Listed By:
Heidi Westcott
(315) 796-9034
Source:
Deeprootedrealty
Added: Sep 11
Changed: Oct 26
Last Checked: Oct 26 at 3:43AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Heidi Westcott
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Investment Insights
Based on property information with market context.
This 2,286-square-foot duplex contains two apartments and was built in 1921. Interior features include hardwood floors, French doors, and stained glass. A full basement provides storage areas, and a full third-floor walk-up attic adds additional space. The exterior has vinyl siding, updated windows, and an updated roof. Newer steps lead to the front porch, while the second-floor apartment has its own outdoor porch.
A backyard two-car garage is part of the property. The duplex is on Stratford Road in North Buffalo, off Delaware Avenue between Kenmore and Hertel Avenue.
A backyard two-car garage is part of the property. The duplex is on Stratford Road in North Buffalo, off Delaware Avenue between Kenmore and Hertel Avenue.
Key Highlights
- Two apartments in a 2,286‑square‑foot duplex
- Built in 1921
- Backyard two‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,683
Cap Rate
8.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$453,660
$453.7K
Cap Rate 7%
$324,043
$324.0K
Cap Rate 9%
$252,033
$252.0K
Market Conditions
NOI Build-Up for 2,286 SF
Gross rent
$34.3K $15.00/SF
− Vacancy
−$1.9K −$0.83/SF
EGI
$32.4K $14.17/SF
− OpEx
−$9.7K −$4.25/SF
NOI
$22.7K $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%
$453,660
Cap Rate 7%
$324,043
Cap Rate 9%
$252,033
Alternative Uses
Best Use
Multifamily LT 5
$324.0K
$283.5K – $378.1K
NOI $22,683 @ 7.0% cap · market cap 8.25%
Second Best
Apartment 5plus
$298.5K
$261.2K – $348.2K
NOI $20,893 @ 7.0% cap · market cap 7.60%
Theoretical Best
Office A
$549.7K
$481.0K – $641.4K
NOI $38,482 @ 7.0% cap · market cap 14.00%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,333
Businesses Nearby
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Business Placement
Demographics for 14216, NY
22,979
Population
12,773
Households
1.8
Avg Household Size
37
Median Age
54%
College-Educated
94%
High-School Grad
2.8 sq mi
ZIP Area
8,207
Density / Sq Mi
$70,260
Median Household Income
$47,823
Median Earnings
$1,152
Median Rent
$260,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two apartments offer separate outdoor porches, with basement storage and a walk-up attic adding practical space.
Where is this duplex located?
The property is located at 139 Stratford Road Buffalo, NY.
What is the asking price?
The asking price for this property is $274,900.
What are key features of this property?
This property features: Two apartments in a 2,286‑square‑foot duplex; Built in 1921; Backyard two‑car garage
