Duplex with Fenced
New
For Sale
$229,000
172 Vermont Street, Buffalo, NY 14213
Residential, Buffalo, NY
Property Size2,171 SF
Lot Size0.08 Acres
Price / SF$105.48
Days on Market2
Property Features for 172 Vermont Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Basement, Bedroom 5, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 6, Bathroom 2, Bedroom 3
Parking features
Garage
Patio and Porch features
Porch
Interior features
NaturalWoodwork
Exterior features
FullyFenced
Fencing
Fenced
Fireplace
1
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
140200-099-670-0001-010-000
Size
2,171 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Annual Amount
2699
Utilities
Heating system
Forced Air, Natural Gas
Water source
Public
Amenities
fenced yard
covered patio
Building Details
Year built
1882
Floors in Building
2
Number of units
2
Flooring type
Hardwood, Varies, Laminate
Building materials
Stone, WoodSiding, CopperPlumbing
Roof type
Asphalt
Architectural style
Other
Listing Agency:
WNY Metro Roberts Realty
(716) 559-9972
Listed By:
Kristan Jakubowski · License #10401258907
(716) 955-0750
Added: Oct 7
Last Checked: Oct 8 at 2:06AM
MLS# B1717894
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 2,171-square-foot duplex was built in 1882 and includes hardwood, varied, and laminate flooring, natural woodwork, and a fireplace. Gas forced-air heat and gas water heaters serve the property, and appliances are included. The roof was replaced in 2016. A fenced yard and covered patio provide outdoor space, while a garage offers on-site parking.
The 0.0826-acre property is in Buffalo, near local colleges, schools, shopping, dining, public transportation, and a community center. Current tenants are on month-to-month agreements and would like to remain.
The 0.0826-acre property is in Buffalo, near local colleges, schools, shopping, dining, public transportation, and a community center. Current tenants are on month-to-month agreements and would like to remain.
Key Highlights
- 2,171‑square‑foot duplex on a 0.0826‑acre lot
- Roof replaced in 2016; new hot water tanks
- Current tenants are month‑to‑month and would like to stay
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,842
Cap Rate
8.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$396,840
$396.8K
Cap Rate 7%
$283,457
$283.5K
Cap Rate 9%
$220,467
$220.5K
Market Conditions
NOI Build-Up for 2,171 SF
Gross rent
$37.8K $17.40/SF
− Vacancy
−$1.7K −$0.78/SF
EGI
$36.1K $16.62/SF
− OpEx
−$16.2K −$7.48/SF
NOI
$19.8K $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%
$396,840
Cap Rate 7%
$283,457
Cap Rate 9%
$220,467
Alternative Uses
Best Use
Multifamily LT 5
$307.7K
$269.3K – $359.0K
NOI $21,542 @ 7.0% cap · market cap 9.41%
Second Best
Apartment 5plus
$283.5K
$248.0K – $330.7K
NOI $19,842 @ 7.0% cap · market cap 8.66%
Theoretical Best
Office A
$522.1K
$456.8K – $609.1K
NOI $36,546 @ 7.0% cap · market cap 15.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
970
Businesses Nearby
Explore this area
Business Placement
Demographics for 14213, NY
25,834
Population
11,397
Households
2.3
Avg Household Size
30
Median Age
36%
College-Educated
81%
High-School Grad
1.9 sq mi
ZIP Area
13,597
Density / Sq Mi
$52,597
Median Household Income
$36,084
Median Earnings
$1,059
Median Rent
$192,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units include appliances, natural woodwork, and a covered outdoor area.
Where is this duplex located?
The property is located at 172 Vermont Street Buffalo, NY.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: 2,171‑square‑foot duplex on a 0.0826‑acre lot; Roof replaced in 2016; new hot water tanks; Current tenants are month‑to‑month and would like to stay
