Duplex with Private
141 Washington Ave, Buffalo, NY 14217
For Sale
$299,000
Two three-bedroom units combine period details with private outdoor space.
Property Size2,328 SF
Price / SF$128.44
Days on Market10
Property Features for 141 Washington Ave
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Amenities
private balcony
private backyard
shed for storage
Building Details
Year Built
Buildings
Listing Agency:
HUNT Real Estate ERA
Listed By:
Patricia Sutliff · License NY #10401290517
(716) 435-8499
Source:
Thejoshjamesteam
Added: Oct 31
Changed: Nov 7
Last Checked: Nov 6 at 2:01PM
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 HUNT Real Estate ERA
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.
Built in 1930, this 2,328-square-foot duplex contains two units, each with three bedrooms and one full bathroom. The lower residence has hardwood flooring, natural woodwork, a bay window, and a formal dining room. A private balcony serves the upper unit, while the property also includes a backyard and storage shed.
Shopping, dining, parks, and everyday services are among the amenities in the surrounding village area.
Shopping, dining, parks, and everyday services are among the amenities in the surrounding village area.
Key Highlights
- 2,328‑square‑foot duplex built in 1930
- Two units, each with 3 bedrooms and 1 full bathroom
- Lower unit features hardwood floors, natural woodwork, a bay window, and formal dining room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,100
Cap Rate
7.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$462,000
$462.0K
Cap Rate 7%
$330,000
$330.0K
Cap Rate 9%
$256,667
$256.7K
Market Conditions
NOI Build-Up for 2,328 SF
Gross rent
$34.9K $15.00/SF
− Vacancy
−$1.9K −$0.83/SF
EGI
$33.0K $14.17/SF
− OpEx
−$9.9K −$4.25/SF
NOI
$23.1K $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%
$462,000
Cap Rate 7%
$330,000
Cap Rate 9%
$256,667
Alternative Uses
Best Use
Multifamily LT 5
$330.0K
$288.8K – $385.0K
NOI $23,100 @ 7.0% cap · market cap 7.73%
Second Best
Apartment 5plus
$303.9K
$266.0K – $354.6K
NOI $21,276 @ 7.0% cap · market cap 7.12%
Theoretical Best
Office A
$559.8K
$489.9K – $653.2K
NOI $39,189 @ 7.0% cap · market cap 13.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
958
Businesses Nearby
Explore this area
Business Placement
Demographics for 14217, NY
23,085
Population
11,280
Households
2
Avg Household Size
41
Median Age
41%
College-Educated
95%
High-School Grad
3.2 sq mi
ZIP Area
7,214
Density / Sq Mi
$72,205
Median Household Income
$51,075
Median Earnings
$970
Median Rent
$193,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/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 - Two three-bedroom units combine period details with private outdoor space.
Where is this duplex located?
The property is located at 141 Washington Ave Buffalo, NY.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 2,328‑square‑foot duplex built in 1930; Two units, each with 3 bedrooms and 1 full bathroom; Lower unit features hardwood floors, natural woodwork, a bay window, and formal dining room
