Move-In Ready 3/3
174 WEST AVE Buffalo, NY 14201
For Sale
$275,000
Pending
Well-maintained duplex with two 3-bedroom units, updated kitchens and baths, and preserved historic woodwork.
Property Size2,310 SF
Days on Market280
Property Features for 174 WEST AVE
General Information
- Standard status
- Pending
- Size
- 2,310 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1900
Listing Agency:
Serota Real Estate LLC
(716) 599-1080
Listed By:
Richard Grisanti
(716) 599-1080
Source:
Xome
Added: Oct 20, 2025
Changed: Jul 23
Last Checked: Jul 26 at 3:27AM
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 Serota Real Estate LLC
Investment Insights
Based on property information with market context.
This move-in ready duplex offers two separate 3-bedroom units. The home features original woodwork, hardwood floors, and fireplaces, with updated kitchens and baths in both units. Overall, the property blends established historic character with practical improvements for day-to-day living.
Located on Buffalo’s West Side, the property is described as being steps from the borders of Allentown, Five Points, and D’Youville University.
As currently presented, the configuration is designed for straightforward owner-occupancy or investment use, with two well-appointed residential units already equipped with updated kitchen and bathroom finishes.
Located on Buffalo’s West Side, the property is described as being steps from the borders of Allentown, Five Points, and D’Youville University.
As currently presented, the configuration is designed for straightforward owner-occupancy or investment use, with two well-appointed residential units already equipped with updated kitchen and bathroom finishes.
Key Highlights
- Duplex with two 3‑bedroom units (3/3) for flexible owner‑occupant or rental use
- Updated kitchens and baths in both units
- Original woodwork and rich hardwood floors, plus fireplaces
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.7k | $15.00 |
| − Vacancy | −$1.9k | −$0.83 |
| EGI | $32.7k | $14.17 |
| − OpEx | −$9.8k | −$4.25 |
| NOI | $22.9k | $9.92 |
2,310 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$327.4K
$286.5K – $382.0K
NOI $22,921 @ 7.0% cap · market cap 8.33%
Second Best
Apartment 5plus
$301.6K
$263.9K – $351.9K
NOI $21,112 @ 7.0% cap · market cap 7.68%
Theoretical Best
Office A
$555.5K
$486.1K – $648.1K
NOI $38,886 @ 7.0% cap · market cap 14.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Well-maintained duplex with two 3-bedroom units, updated kitchens and baths, and preserved historic woodwork.
Where is this duplex located?
The property is located at 174 WEST AVE Buffalo, NY.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Duplex with two 3‑bedroom units (3/3) for flexible owner‑occupant or rental use; Updated kitchens and baths in both units; Original woodwork and rich hardwood floors, plus fireplaces
