For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Turnkey Duplex Income Property Title is generated by Realmo AI

    15 Andrews Avenue, Buffalo, NY 14225

    View on Map
    Claim this Listing
    For Sale
    $174,900

    MULTI_FAMILY - Other - Buffalo, NY

    Property size:
    1,360 SF
    Lot size:
    0.04 Acres
    Price / SF:
    $128/SF
    Added:
    Jun 8, 2026
    Days on Market:
    29
    Last Refresh:
    Jul 6 at 1:06 pm

    Property Features for 15 Andrews Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    3
    Bathrooms
    2
    Rooms
    Bathroom 2, Bedroom 2, Bedroom 3, Basement, Bedroom 1, Bathroom 1
    Parking features
    Driveway
    Patio and Porch features
    Porch, Deck
    Exterior features
    Deck, EnclosedPorch, Porch
    Appliances
    GasWaterHeater
    Standard status
    Active
    APN
    143089-101-280-0003-012-000
    Size
    1,360 SF
    Lot size
    0.04 Acres

    Taxes and HOA fees

    Tax Annual Amount
    3512

    Utilities

    Heating system
    Forced Air, Natural Gas
    Water source
    Public

    Building Details

    Year built
    1917
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Laminate, Carpet, Varies
    Building materials
    AtticCrawlHatchwaysInsulated, VinylSiding
    Roof type
    Asphalt
    Architectural style
    Other

    We can help!

    Contact an agent
    Carolyn Gibbins

    Listing agent Carolyn Gibbins License #10401378970

    Listing office WNY Metro Roberts Realty 2211 Sheridan Drive, cheektowaga, NY

    Listing date Jun 8, 2026

    MLS# B1687965 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.

    HighLights

    • Duplex built in 1917 with 1 bed/1 bath lower unit and 2 bed/1 bath upper unit
    • Previously rented for $900 (lower) and $1,100 (upper) per month; separate utilities and basement access for both units
    • Lower unit updates include new carpet added this year and furnace/HWT added in 2024
    • Upper unit features a remodeled kitchen with new countertops, cabinets, recessed lighting, and LVT flooring
    • System and plumbing improvements include updated PEX plumbing in 2019 and high‑efficiency furnace/HWT for the upper unit
    • Exterior improvements include new porch in 2024 plus replaced windows and exterior doors in 2023

    Overview

    This turnkey duplex includes a lower 1-bedroom, 1-bath unit and an upper 2-bedroom, 1-bath unit. The lower unit features a spacious living and dining area with new carpet added this year, and it includes a furnace and hot water tank added in 2024. The upper unit has a remodeled kitchen with new countertops, cabinets, recessed lighting, and LVT flooring. Both units have separate utilities and access to the basement, supporting practical day-to-day management. Additional improvements include updated PEX plumbing in 2019 and a high-efficiency furnace and hot water tank for the upper unit.

    Located at 15 Andrews Avenue in Buffalo (14225), the property is described as convenient to bus routes and shopping centers, with Walden Galleria identified nearby. The exterior has also been addressed for added peace of mind, including a new porch in 2024 and replaced windows and exterior doors in 2023.

    With recent upgrades to key systems and interior finishes, the property is positioned for a variety of buyers, including first-time owner-occupants and investors seeking a rental-ready setup. Historically, the units were previously rented for $900 and $1,100 per month, and the duplex layout offers flexibility for living in one unit while renting the other.

    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 $20.4k $15.00
    − Vacancy −$1.1k −$0.83
    EGI $19.3k $14.17
    − OpEx −$5.8k −$4.25
    NOI $13.5k $9.92
    1,360 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $192.8K
    $168.7K – $224.9K (±1% cap)
    NOI $13,495 @ 7.0% cap · market cap 7.72%
    Second Best
    Apartment 5plus
    $177.6K
    $155.4K – $207.2K (±1% cap)
    NOI $12,430 @ 7.0% cap · market cap 7.11%
    Theoretical Best
    Office A
    $327.1K
    $286.2K – $381.6K (±1% cap)
    NOI $22,894 @ 7.0% cap · market cap 13.09%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Dental Office Building Supply Hotel & Motel Skin Care Clinic Accounting Firm Kitchen & Bath Showroom Nursing Home Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.796134
    Latitude
    42.919675

    FAQs

    What type of property is this?
    Duplex - A move-in ready duplex with two separately metered units and recent mechanical and exterior updates.
    Where is this duplex located?
    The property is located at 15 Andrews Avenue Buffalo, NY.
    What is the asking price?
    The asking price for this property is $174,900.
    What are key features of this property?
    This property features: Duplex built in 1917 with 1 bed/1 bath lower unit and 2 bed/1 bath upper unit; Previously rented for $900 (lower) and $1,100 (upper) per month; separate utilities and basement access for both units; Lower unit updates include new carpet added this year and furnace/HWT added in 2024
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message