Two-Unit
New
For Sale
$169,900
199 Colgate Avenue, Buffalo, NY 14220
A three-bedroom lower flat and one-bedroom upper unit provide separate living spaces and rental income.
Property Size1,812 SF
Days on Market5
Property Features for 199 Colgate Avenue
General Information
Standard status
Active
Size
1,812 SF
Property subtype
Multi Family
Units
Unit Mix
1 x 3BR, 1 x 1BR
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,836
Building Details
Building Size
1,812 SF
Year Built
1927
Buildings
1
Listing Agency:
MJ Peterson Real Estate Inc.
Listed By:
Frank E Sandor · License #10401204018
(716) 863-0369
Source:
Highfallssir
Added: Oct 2
Changed: Oct 4
Last Checked: Oct 4 at 2:15PM
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 MJ Peterson Real Estate Inc.
Investment Insights
Based on property information with market context.
Built in 1927, this duplex has a three-bedroom lower unit and a one-bedroom upper unit. The upper unit is occupied by a long-term tenant who would like to stay. It has a forced-air furnace installed in September 2026; the lower unit uses a wall-mounted mini-split system for heating and cooling. The lower flat roofs were updated this year, and connections are in place for a second furnace serving the lower unit.
The property is on Colgate Avenue in South Buffalo, near the Botanical Gardens and Lake Erie. Its two-unit layout supports an owner-occupant arrangement or use as a rental property.
The property is on Colgate Avenue in South Buffalo, near the Botanical Gardens and Lake Erie. Its two-unit layout supports an owner-occupant arrangement or use as a rental property.
Key Highlights
- Two units: three bedrooms downstairs and one bedroom upstairs
- Upper unit has a long‑term tenant who would like to remain
- Upper‑unit forced‑air furnace installed in September 2026
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
368
Businesses Nearby
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Business Placement
Demographics for 14220, NY
23,959
Population
11,286
Households
2.1
Avg Household Size
38
Median Age
28%
College-Educated
93%
High-School Grad
3.8 sq mi
ZIP Area
6,305
Density / Sq Mi
$68,337
Median Household Income
$42,112
Median Earnings
$974
Median Rent
$180,200
Median Home Value
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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 - A three-bedroom lower flat and one-bedroom upper unit provide separate living spaces and rental income.
Where is this duplex located?
The property is located at 199 Colgate Avenue Buffalo, NY.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: Two units: three bedrooms downstairs and one bedroom upstairs; Upper unit has a long‑term tenant who would like to remain; Upper‑unit forced‑air furnace installed in September 2026
