Duplex with Detached
For Sale
$234,900
153 Fisher Street, Buffalo, NY 14215
Vacant duplex offering separate utilities, a detached garage, and flexible owner-occupant or investment use.
Property Size1,737 SF
Days on Market53
Property Features for 153 Fisher Street
General Information
Standard status
Active
Size
1,737 SF
Total Parking Spaces
2
Property subtype
Multi Family
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$1,396
Building Details
Building Size
1,737 SF
Year Built
1925
Listing Agency:
Keller Williams Realty WNY
Listed By:
Syed J Rizvi · License #10401279412
(716) 946-2700
Source:
Highfallssir
Added: Aug 19
Changed: Oct 6
Last Checked: Oct 10 at 1:23AM
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 Keller Williams Realty WNY
Investment Insights
Based on property information with market context.
Built in 1925, this vacant duplex contains two separate residential units with distinct layouts. The lower residence includes two bedrooms, one full bath, a combined living and dining area, and an additional sunroom. Upstairs, the second unit provides two bedrooms, one full bath, and a living room. Separate electric service with circuit breakers supports each unit independently.
Exterior features include a wide driveway and a detached two-car garage. The property also has a high basement with a solid foundation. Located at 153 Fisher Street in Buffalo, NY 14215, the building can accommodate either an owner-occupant arrangement or an income-producing use.
Exterior features include a wide driveway and a detached two-car garage. The property also has a high basement with a solid foundation. Located at 153 Fisher Street in Buffalo, NY 14215, the building can accommodate either an owner-occupant arrangement or an income-producing use.
Key Highlights
- Two‑unit duplex at 153 Fisher Street, Buffalo, NY 14215
- Each unit includes 2 bedrooms and 1 full bath
- Lower unit features a living‑dining combination and bonus sunroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,235
Cap Rate
7.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$344,700
$344.7K
Cap Rate 7%
$246,214
$246.2K
Cap Rate 9%
$191,500
$191.5K
Market Conditions
NOI Build-Up for 1,737 SF
Gross rent
$26.1K $15.00/SF
− Vacancy
−$1.4K −$0.83/SF
EGI
$24.6K $14.17/SF
− OpEx
−$7.4K −$4.25/SF
NOI
$17.2K $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%
$344,700
Cap Rate 7%
$246,214
Cap Rate 9%
$191,500
Alternative Uses
Best Use
Multifamily LT 5
$246.2K
$215.4K – $287.3K
NOI $17,235 @ 7.0% cap · market cap 7.34%
Second Best
Apartment 5plus
$226.8K
$198.4K – $264.6K
NOI $15,875 @ 7.0% cap · market cap 6.76%
Theoretical Best
Office A
$417.7K
$365.5K – $487.3K
NOI $29,240 @ 7.0% cap · market cap 12.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
451
Businesses Nearby
Explore this area
Business Placement
Demographics for 14215, NY
42,447
Population
19,203
Households
2.2
Avg Household Size
33
Median Age
19%
College-Educated
87%
High-School Grad
4.8 sq mi
ZIP Area
8,843
Density / Sq Mi
$43,326
Median Household Income
$29,204
Median Earnings
$993
Median Rent
$102,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Vacant duplex offering separate utilities, a detached garage, and flexible owner-occupant or investment use.
Where is this duplex located?
The property is located at 153 Fisher Street Buffalo, NY.
What is the asking price?
The asking price for this property is $234,900.
What are key features of this property?
This property features: Two‑unit duplex at 153 Fisher Street, Buffalo, NY 14215; Each unit includes 2 bedrooms and 1 full bath; Lower unit features a living‑dining combination and bonus sunroom
