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Updated Two-Unit Duplex Rental
For Sale
$139,900
Pending

17 Maple Avenue, Springville, NY 14141

Residential, Springville, NY

Property Size1,500 SF
Lot Size0.18 Acres
Days on Market58

Property Features for 17 Maple Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2, Basement, Bedroom 3
Patio and Porch features Porch
Appliances GasWaterHeater
Subdivision Holland Land Company's Su
Lot features Rectangular, Rectangular Lot, Residential Lot
Elementary school district Springville-Griffith Institute
Middle school district Springville-Griffith Institute
High school district Springville-Griffith Institute
Standard status Pending
APN 143801-335-160-0001-002-000
Size 1,500 SF
Lot size 0.18 Acres

Taxes and HOA fees

Tax Annual Amount 3253

Utilities

Heating system Baseboard, Hot Water(Heating), Natural Gas
Water source Public

Amenities

storage shed
front porch
garage access

Building Details

Year built 1940
Floors in Building 2
Number of units 2
Flooring type Laminate, Carpet, Varies
Building materials VinylSiding
Roof type Metal
Listing Agency: Gurney Becker & Bourne
Listed By: Daneen M Vincent · License #30VI0843028
Added: Aug 20 Changed: Oct 15 Last Checked: Oct 16 at 6:06PM
MLS# B1708779

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.

Located at 17 Maple Avenue in Springville, this 1,500-square-foot duplex contains two rental units with three bedrooms and two bathrooms overall. The building dates to 1940 and features vinyl siding, a metal roof, natural-gas hot-water baseboard heating, and public water service. Interior finishes include a mix of carpet and laminate flooring, wood cabinetry, and equipped kitchens. The lower apartment has a dishwasher and direct access to the garage, while the upper unit includes tongue-and-groove wall paneling.

Recent improvements include a new metal roof in 2026 and a new boiler in 2025. The 0.1838-acre parcel also includes a front porch, yard, updated landscaping, and a storage shed. Its village setting places the property within walking distance of schools, parks, restaurants, a movie theater, and local gyms.

Key Highlights

  • Two‑unit duplex with 1,500 square feet, three bedrooms, and two bathrooms
  • New metal roof installed in 2026
  • New boiler installed in 2025

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$9,645
Cap Rate
6.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$192,900 $192.9K
Cap Rate 7%
$137,786 $137.8K
Cap Rate 9%
$107,167 $107.2K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$20.7K $13.80/SF
− Vacancy
−$6.9K −$4.61/SF
EGI
$13.8K $9.19/SF
− OpEx
−$4.1K −$2.76/SF
NOI
$9.6K $6.43/SF
Area
Erie County, NY
Vacancy
33.44%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$192,900
Cap Rate 7%
$137,786
Cap Rate 9%
$107,167

Alternative Uses

Best Use
Multifamily LT 5
$137.8K
$120.6K – $160.8K (±1% cap)
NOI $9,645 @ 7.0% cap · market cap 6.89%
Second Best
Apartment 5plus
$123.7K
$108.3K – $144.4K (±1% cap)
NOI $8,661 @ 7.0% cap · market cap 6.19%
Theoretical Best
Office A
$327.9K
$286.9K – $382.6K (±1% cap)
NOI $22,954 @ 7.0% cap · market cap 16.41%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Kitchen & Bath Showroom Plumbing Service Big Box & Wholesale Store Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

403
Businesses Nearby

Demographics for 14141, NY

7,585
Population
3,675
Households
2.1
Avg Household Size
45
Median Age
28%
College-Educated
93%
High-School Grad
72.3 sq mi
ZIP Area
105
Density / Sq Mi
$71,837
Median Household Income
$48,453
Median Earnings
$738
Median Rent
$195,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Village property with refreshed interiors, separate living spaces, garage access, and a front porch.
Where is this duplex located?
The property is located at 17 Maple Avenue Springville, NY.
What is the asking price?
The asking price for this property is $139,900.
What are key features of this property?
This property features: Two‑unit duplex with 1,500 square feet, three bedrooms, and two bathrooms; New metal roof installed in 2026; New boiler installed in 2025
More about this property
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