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146 David Avenue, Buffalo, NY, 14225
Renovated Duplex on Double Lot

146 David Avenue Buffalo, NY 14225

For Sale
$329,000

MULTI_FAMILY - Other - Buffalo, NY

Property Size2,867 SF
Lot Size0.19 Acres
Price / SF$114.75
Days on Market52

Property Features for 146 David Avenue

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
4
Rooms
Bedroom 5, Bathroom 1, Bedroom 2, Bathroom 3, Bedroom 6, Bathroom 4, Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 1, Basement
Exterior features
Balcony
Standard status
Active
APN
143089-102-210-0006-041-000
Size
2,867 SF
Lot size
0.19 Acres

Taxes and HOA fees

Tax Annual Amount
5811

Utilities

Heating system
Natural Gas, Forced Air
Water source
Public

Building Details

Year built
1912
Floors in Building
1
Number of units
2
Flooring type
Varies, Tile, Vinyl
Building materials
Brick, VinylSiding
Roof type
Asphalt
Architectural style
Other
Listing Agency: Keller Williams Realty WNY
Listed By: Thejan Kodituwakku · License #10401342241
Added: Jun 5 Changed: Jul 24 Last Checked: Jul 26 at 4:06AM
MLS# B1684561

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 duplex offers two separate residences under one roof, presented as a “unique double” rather than a typical multi-family. The exterior features a brick front and tall entry pillars, and the interior is described as completely renovated. Each unit is noted for being unusually spacious, with large living and dining areas designed for more comfortable everyday living and entertaining. Bathroom finishes vary by side, with one unit described as having 1.5 baths and the other unit featuring two full bathrooms.

Set on a quiet street at 146 David Avenue in Buffalo, New York, the property sits on a rare double lot. The combination of the double-lot footprint and the renovated condition is positioned to support an owner-occupant plan or a straight rental approach.

For tenants or investors, the practical appeal is the mix of separation and space: two units with larger common areas, plus differing bathroom configurations that can better accommodate different household needs. For an owner-occupant, the layout supports living in one unit while renting the other to help offset carrying costs, while maintaining the feel of a private, oversized home. The listing indicates there is nothing left to fix or update based on the completed renovation.

Key Highlights

  • Renovated property with a balcony and brick exterior with vinyl siding
  • Double‑lot setting on a quiet street
  • Built in 1912 with a basement and asphalt shingle roof

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 $43.0k $15.00
− Vacancy −$2.4k −$0.83
EGI $40.6k $14.17
− OpEx −$12.2k −$4.25
NOI $28.4k $9.92
2,867 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$406.4K
$355.6K – $474.1K (±1% cap)
NOI $28,448 @ 7.0% cap · market cap 8.65%
Second Best
Apartment 5plus
$374.3K
$327.5K – $436.7K (±1% cap)
NOI $26,203 @ 7.0% cap · market cap 7.96%
Theoretical Best
Office A
$689.5K
$603.3K – $804.4K (±1% cap)
NOI $48,262 @ 7.0% cap · market cap 14.67%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Electrical Service (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Garden Center (Bike/Boat/Book/etc) Store Storage Facility HVAC Service Building Supply

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

FAQs

What type of property is this?
Duplex - Renovated Buffalo duplex with spacious layouts and updated interiors, including distinct bathroom configurations across units.
Where is this duplex located?
The property is located at 146 David Avenue Buffalo, NY.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: Renovated property with a balcony and brick exterior with vinyl siding; Double‑lot setting on a quiet street; Built in 1912 with a basement and asphalt shingle roof
More about this property
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