Brick Two-Unit
146 Meadowlawn Road, Buffalo, NY 14225
For Sale
New
$319,900
Residential, Buffalo, NY
Property Size2,504 SF
Lot Size0.15 Acres
Price / SF$127.76
Days on Market1
Property Features for 146 Meadowlawn Road
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Patio and Porch features
Interior features
Exterior features
Fencing
Appliances
Lot features
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Individually Metered Utilities
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Cooling system
Water source
Amenities
fenced yard
Trex deck
open porch
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Architectural style
Listing Agency:
Keller Williams Realty Lancaster
(716) 324-2300
Listed By:
David Coric · License NY #10301222093
(716) 997-5787
Added: Nov 9
Last Checked: Nov 9 at 7:06PM
MLS# B1725278
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.
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Investment Insights
Based on property information with market context.
This 2,504-square-foot brick duplex at 146 Meadowlawn Road contains two three-bedroom apartments. The lower residence has two full bathrooms, a living room, a separate den and a remodeled eat-in kitchen. The upper apartment includes one full bathroom, a living room and a remodeled kitchen. Each unit has its own furnace and separate gas and electric meters. Central air is installed in the lower unit.
The 0.15-acre property includes a fenced yard, Trex deck, open porch and two-car garage with an opener. The roof and concrete driveway are each less than 10 years old, and all windows have been replaced. Located in Buffalo’s Maryvale School District, the property is minutes from shopping, dining and major routes.
The 0.15-acre property includes a fenced yard, Trex deck, open porch and two-car garage with an opener. The roof and concrete driveway are each less than 10 years old, and all windows have been replaced. Located in Buffalo’s Maryvale School District, the property is minutes from shopping, dining and major routes.
Key Highlights
- Two brick apartments, each with 3 bedrooms; 2,504 square feet total
- Lower unit has 2 full bathrooms; upper unit has 1 full bathroom
- Separate furnace and gas and electric meters for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,846
Cap Rate
7.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$496,920
$496.9K
Cap Rate 7%
$354,943
$354.9K
Cap Rate 9%
$276,067
$276.1K
Market Conditions
NOI Build-Up for 2,504 SF
Gross rent
$37.6K $15.00/SF
− Vacancy
−$2.1K −$0.83/SF
EGI
$35.5K $14.17/SF
− OpEx
−$10.6K −$4.25/SF
NOI
$24.8K $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%
$496,920
Cap Rate 7%
$354,943
Cap Rate 9%
$276,067
Alternative Uses
Best Use
Multifamily LT 5
$354.9K
$310.6K – $414.1K
NOI $24,846 @ 7.0% cap · market cap 7.77%
Second Best
Apartment 5plus
$326.9K
$286.1K – $381.4K
NOI $22,885 @ 7.0% cap · market cap 7.15%
Theoretical Best
Office A
$602.2K
$526.9K – $702.5K
NOI $42,151 @ 7.0% cap · market cap 13.18%
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
369
Businesses Nearby
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Business Placement
Demographics for 14225, NY
34,066
Population
16,253
Households
2.1
Avg Household Size
41
Median Age
29%
College-Educated
93%
High-School Grad
11.5 sq mi
ZIP Area
2,962
Density / Sq Mi
$65,562
Median Household Income
$44,408
Median Earnings
$937
Median Rent
$154,500
Median Home Value
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Market
Average Price Trend$/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 - Separate heating systems and gas and electric meters serve the two residences.
Where is this duplex located?
The property is located at 146 Meadowlawn Road Buffalo, NY.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: Two brick apartments, each with 3 bedrooms; 2,504 square feet total; Lower unit has 2 full bathrooms; upper unit has 1 full bathroom; Separate furnace and gas and electric meters for each unit
