Two-Unit Duplex with
For Sale
$219,000
163 Landon Street, Buffalo, NY 14208
Residential, Buffalo, NY
Property Size2,184 SF
Lot Size0.17 Acres
Price / SF$100.27
Days on Market150
Property Features for 163 Landon Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 6, Bedroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 2, Bedroom 5
Appliances
GasWaterHeater
Lot features
Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Elementary school district
Buffalo
Middle school district
Buffalo
High school district
Buffalo
Subdivision
Buffalo City-140200
Standard status
Active
APN
140200-100-510-0002-001-100
Size
2,184 SF
Lot size
0.17 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Annual Amount
1097
Utilities
Heating system
Natural Gas, Forced Air
Water source
Public
Amenities
full basement
off-street parking
spacious side yard
Building Details
Year built
1900
Floors in Building
2
Number of units
2
Flooring type
Vinyl, Hardwood, Varies
Building materials
VinylSiding
Listing Agency:
Keller Williams Realty WNY
(716) 832-3300
Listed By:
Shirajum Monira · License #10401363530
(929) 326-4912
Added: Jun 1
Changed: Oct 24
Last Checked: Oct 28 at 4:06PM
MLS# B1686333
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 two-unit duplex in Buffalo contains 2,184 square feet and was built in 1900. Each residence is arranged with 3 bedrooms, 1 full bathroom, a living room, formal dining room, and kitchen. Vinyl siding, mixed vinyl and hardwood flooring, natural-gas forced-air heat, and a gas water heater are among the existing features.
Both units are tenant-occupied. The property also includes a full basement, off-street parking, and a side yard on a 0.1678-acre lot. Public water serves the building, while nearby parks, shopping, restaurants, schools, and major commuter routes add everyday convenience. The duplex is located at 163 Landon Street in Buffalo, NY 14208.
Both units are tenant-occupied. The property also includes a full basement, off-street parking, and a side yard on a 0.1678-acre lot. Public water serves the building, while nearby parks, shopping, restaurants, schools, and major commuter routes add everyday convenience. The duplex is located at 163 Landon Street in Buffalo, NY 14208.
Key Highlights
- Two‑unit duplex with 2,184 square feet of building area
- Each unit includes 3 bedrooms and 1 full bathroom
- Both residences are currently tenant‑occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,960
Cap Rate
9.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$399,200
$399.2K
Cap Rate 7%
$285,143
$285.1K
Cap Rate 9%
$221,778
$221.8K
Market Conditions
NOI Build-Up for 2,184 SF
Gross rent
$38.0K $17.40/SF
− Vacancy
−$1.7K −$0.78/SF
EGI
$36.3K $16.62/SF
− OpEx
−$16.3K −$7.48/SF
NOI
$20.0K $9.14/SF
Area
Buffalo, NY
Vacancy
4.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$399,200
Cap Rate 7%
$285,143
Cap Rate 9%
$221,778
Alternative Uses
Best Use
Multifamily LT 5
$309.6K
$270.9K – $361.2K
NOI $21,671 @ 7.0% cap · market cap 9.90%
Second Best
Apartment 5plus
$285.1K
$249.5K – $332.7K
NOI $19,960 @ 7.0% cap · market cap 9.11%
Theoretical Best
Office A
$525.2K
$459.6K – $612.8K
NOI $36,765 @ 7.0% cap · market cap 16.79%
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
676
Businesses Nearby
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Business Placement
Demographics for 14208, NY
12,088
Population
5,884
Households
2.1
Avg Household Size
33
Median Age
23%
College-Educated
85%
High-School Grad
1.2 sq mi
ZIP Area
10,073
Density / Sq Mi
$46,940
Median Household Income
$23,804
Median Earnings
$932
Median Rent
$118,900
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 - Tenant-occupied units provide three bedrooms, a full bathroom, living room, dining room, and kitchen apiece.
Where is this duplex located?
The property is located at 163 Landon Street Buffalo, NY.
What is the asking price?
The asking price for this property is $219,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,184 square feet of building area; Each unit includes 3 bedrooms and 1 full bathroom; Both residences are currently tenant‑occupied
