Duplex with Two-Car
For Sale
$299,900
Pending
160 Hamilton Drive, Buffalo, NY 14226
Residential, Buffalo, NY
Property Size2,410 SF
Lot Size0.11 Acres
Days on Market47
Property Features for 160 Hamilton Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 6, Bedroom 1, Bedroom 5, Bedroom 2, Bedroom 4, Bathroom 1, Basement, Bathroom 2
Window features
Drapes
Interior features
NaturalWoodwork, WindowTreatments
Appliances
GasWaterHeater
Lot features
Rectangular, Rectangular Lot, Residential Lot
Elementary school district
Amherst
Middle school district
Amherst
High school district
Amherst
Directions
Saratoga to Hamilton dr.
Subdivision
Amherst-142289
Standard status
Pending
APN
142289-080-090-0010-039-000
Size
2,410 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Annual Amount
7132
Utilities
Heating system
Natural Gas, Forced Air
Water source
Public
Building Details
Year built
1931
Floors in Building
2
Number of units
2
Flooring type
Carpet, Tile, Varies, Hardwood
Building materials
ShakeSiding, WoodSiding
Roof type
Asphalt
Listing Agency:
LoVallo Real Estate
(716) 634-5101
Listed By:
Michael Calabrese · License #10301218793
(716) 949-3405
Added: Sep 1
Changed: Oct 16
Last Checked: Oct 17 at 7:06PM
MLS# B1711364
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.
Built in 1931, this duplex contains two three-bedroom apartments within 2,410 square feet. Each unit includes a formal living room, dining room, and bonus sunroom that can serve as additional functional space. Hardwood floors and natural woodwork contribute to the interior character, while flooring varies by area and includes tile and carpet. Heating is provided by forced air with natural gas, and the property has public water service.
The upper apartment is occupied by a long-term tenant, while the lower apartment is vacant and ready for occupancy. Parking is available at both the front and rear of the property, complemented by a two-car garage. The 0.1093-acre parcel is located in the Smallwood school district at 160 Hamilton Drive in Buffalo, NY.
The upper apartment is occupied by a long-term tenant, while the lower apartment is vacant and ready for occupancy. Parking is available at both the front and rear of the property, complemented by a two-car garage. The 0.1093-acre parcel is located in the Smallwood school district at 160 Hamilton Drive in Buffalo, NY.
Key Highlights
- Two 3‑bedroom apartments within 2,410 square feet
- Upper unit has a long‑term tenant; lower unit is vacant and move‑in ready
- Two‑car garage with parking in both the front and rear
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,913
Cap Rate
7.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$478,260
$478.3K
Cap Rate 7%
$341,614
$341.6K
Cap Rate 9%
$265,700
$265.7K
Market Conditions
NOI Build-Up for 2,410 SF
Gross rent
$36.2K $15.00/SF
− Vacancy
−$2.0K −$0.83/SF
EGI
$34.2K $14.17/SF
− OpEx
−$10.2K −$4.25/SF
NOI
$23.9K $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%
$478,260
Cap Rate 7%
$341,614
Cap Rate 9%
$265,700
Alternative Uses
Best Use
Multifamily LT 5
$341.6K
$298.9K – $398.6K
NOI $23,913 @ 7.0% cap · market cap 7.97%
Second Best
Apartment 5plus
$314.7K
$275.3K – $367.1K
NOI $22,026 @ 7.0% cap · market cap 7.34%
Theoretical Best
Office A
$579.6K
$507.1K – $676.2K
NOI $40,569 @ 7.0% cap · market cap 13.53%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
516
Businesses Nearby
Explore this area
Business Placement
Demographics for 14226, NY
29,861
Population
13,282
Households
2.2
Avg Household Size
38
Median Age
57%
College-Educated
95%
High-School Grad
6.9 sq mi
ZIP Area
4,328
Density / Sq Mi
$83,023
Median Household Income
$48,994
Median Earnings
$1,093
Median Rent
$237,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom units offer spacious living areas, dining rooms, and flexible sunroom space.
Where is this duplex located?
The property is located at 160 Hamilton Drive Buffalo, NY.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Two 3‑bedroom apartments within 2,410 square feet; Upper unit has a long‑term tenant; lower unit is vacant and move‑in ready; Two‑car garage with parking in both the front and rear
