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Duplex With Long-Term Tenancy
For Sale
$149,000

167 Timon Street, Buffalo, NY 14208

Two occupied units with tenant-paid gas and electric service and owner-paid water and sewer.

Property Size2,304 SF
Days on Market42

Property Features for 167 Timon Street

General Information

Standard status Active
Size 2,304 SF
Property subtype Multi Family Home

Additional Details

Average Monthly Rent $950
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,370

Building Details

Building Size 2,304 SF
Year Built 1916
Stories 2
Units 2
Tenancy Multi
Listing Agency: Park Realty of WNY LLC
Listed By: Genesis D. Cespedes Zamora · License #10401349513
Source: Wcirealty
Added: Jul 22 Changed: Aug 31 Last Checked: Sep 1 at 7:31PM

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 Park Realty of WNY LLC

Investment Insights

Based on property information with market context.

Built in 1916, this Buffalo duplex contains two residential units, both occupied by long-term tenants. The current arrangement provides established tenancy across the property, with each unit leased to an existing occupant.

Utility responsibilities are divided between the tenants and ownership: tenants pay gas and electric, while the owner covers water and sewer. Showings require adequate advance notice, and offers must include proof of funds or pre-approval.

Key Highlights

  • Two‑unit duplex in Buffalo
  • Built in 1916
  • Both units have long‑term tenants

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom Law Firm Electrical Service Gym & Fitness Center Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

667
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two occupied units with tenant-paid gas and electric service and owner-paid water and sewer.
Where is this duplex located?
The property is located at 167 Timon Street Buffalo, NY.
What is the asking price?
The asking price for this property is $149,000.
What are key features of this property?
This property features: Two‑unit duplex in Buffalo; Built in 1916; Both units have long‑term tenants
More about this property
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