Two Detached Homes on One
153 Ideal Street Buffalo, NY 14206
153 Ideal Street, Buffalo, NY, 14206
$275,000
For Sale
$275,000
MULTI_FAMILY - Buffalo, NY
Property Size2,390 SF
Lot Size0.09 Acres
Price / SF$115.06
Days on Market32
Property Features for 153 Ideal Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 8, Bedroom 4, Bathroom 2, Bedroom 1, Bedroom 6, Bedroom 2, Bathroom 1, Bathroom 3, Bedroom 7, Bathroom 4, Bedroom 3, Bedroom 5
- Appliances
- ElectricWaterHeater, GasWaterHeater, WaterHeater
- Standard status
- Active
- APN
- 140200-112-500-0003-036-000
- Size
- 2,390 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2400
Utilities
- Heating system
- Natural Gas, Forced Air, Space Heater, Electric (Heating)
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Tile, Vinyl, Varies, Hardwood
- Building materials
- Frame, VinylSiding
Listing Agency
Keller Williams Realty WNY
(716) 832-3300
5500 Main St. Ste. 108, Williamsville, NY
Listed by
Md Nabi Islam · License #10401400344
(646) 410-6786
Added: Jun 18 Checked: Jul 19 at 1:06 pm
MLS# B1691803
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.
Investment Insights
Based on property information with market context.
This for-sale property offers two detached homes on one parcel. The front home includes four bedrooms, two full bathrooms, a living room, formal dining room, and a large kitchen. The rear home also provides four bedrooms, 1.5 bathrooms, comfortable living and dining areas, and a full kitchen.
Multiple updates were completed in 2026, including a brand-new gas line, brand-new water line, new insulation throughout, new windows, new flooring, fully renovated bathrooms, updated kitchens, and modern lighting fixtures throughout both homes.
Ownership is simplified with a single tax bill and one flat water bill for the entire parcel. The property is described as conveniently located near everyday amenities within walking distance and provides easy access to I-90, with schools and shopping centers nearby.
Multiple updates were completed in 2026, including a brand-new gas line, brand-new water line, new insulation throughout, new windows, new flooring, fully renovated bathrooms, updated kitchens, and modern lighting fixtures throughout both homes.
Ownership is simplified with a single tax bill and one flat water bill for the entire parcel. The property is described as conveniently located near everyday amenities within walking distance and provides easy access to I-90, with schools and shopping centers nearby.
Key Highlights
- Two detached homes on one parcel—8 bedrooms and 4.5 total bathrooms across the front and rear houses
- Updates completed in 2026: new gas line, new water line, new insulation, new windows, new flooring, renovated bathrooms, updated kitchens, and new lighting
- Flooring includes hardwood, tile, and vinyl; construction materials include frame with vinyl siding
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 | $35.9k | $15.00 |
| − Vacancy | −$2.0k | −$0.83 |
| EGI | $33.9k | $14.17 |
| − OpEx | −$10.2k | −$4.25 |
| NOI | $23.7k | $9.92 |
2,390 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$338.8K
$296.4K – $395.3K
NOI $23,715 @ 7.0% cap · market cap 8.62%
Second Best
Apartment 5plus
$312.0K
$273.0K – $364.1K
NOI $21,843 @ 7.0% cap · market cap 7.94%
Theoretical Best
Office A
$574.7K
$502.9K – $670.5K
NOI $40,232 @ 7.0% cap · market cap 14.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - For sale: two detached homes with multiple renovated systems and shared billing setup on a single parcel.
Where is this duplex located?
The property is located at 153 Ideal Street Buffalo, NY.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Two detached homes on one parcel—8 bedrooms and 4.5 total bathrooms across the front and rear houses; Updates completed in 2026: new gas line, new water line, new insulation, new windows, new flooring, renovated bathrooms, updated kitchens, and new lighting; Flooring includes hardwood, tile, and vinyl; construction materials include frame with vinyl siding
