Duplex with Full-Length
New
For Sale
$299,000
207 Minnesota Avenue, Buffalo, NY 14214
Residential, Buffalo, NY
Property Size2,394 SF
Lot Size0.16 Acres
Price / SF$124.90
Days on Market2
Property Features for 207 Minnesota Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 6, Bedroom 4, Bathroom 2, Bedroom 3, Bedroom 1, Basement, Bedroom 2, Bathroom 1, Bedroom 5
Appliances
GasWaterHeater
Lot features
Irregular Lot, Near Public Transit, Residential Lot
Elementary school district
Buffalo
Middle school district
Buffalo
High school district
Buffalo
Subdivision
Buffalo City-140200
Standard status
Active
APN
140200-079-710-0008-025-000
Size
2,394 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Annual Amount
1456
Utilities
Heating system
Natural Gas, Forced Air
Water source
Public
Building Details
Year built
1930
Floors in Building
2
Number of units
2
Flooring type
Vinyl, Varies, Hardwood
Building materials
VinylSiding
Listing Agency:
Keller Williams Realty WNY
(716) 832-3300
Listed By:
Shirajum Monira · License #10401363530
(929) 326-4912
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 15 at 2:06AM
MLS# B1722468
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 2,394-square-foot duplex, built in 1930, contains two apartments with three bedrooms apiece. Updated kitchens and separate utilities serve the units. Interior details include hardwood flooring, original woodwork, built-in features, leaded stained glass, and decorative fireplaces. One apartment has a covered entry porch; the other has a porch extending across the front. A walk-up attic provides storage, and the 0.16-acre parcel includes a backyard with room for multiple vehicles.
The property is on a corner lot in Buffalo, with Main Street, shopping, dining, parks, and the University at Buffalo campus within walking distance. The first-floor apartment is occupied by a tenant.
The property is on a corner lot in Buffalo, with Main Street, shopping, dining, parks, and the University at Buffalo campus within walking distance. The first-floor apartment is occupied by a tenant.
Key Highlights
- Two apartments, each with 3 bedrooms
- 2,394 square feet; built in 1930
- 0.16‑acre corner lot with backyard parking space for multiple vehicles
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,754
Cap Rate
7.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$475,080
$475.1K
Cap Rate 7%
$339,343
$339.3K
Cap Rate 9%
$263,933
$263.9K
Market Conditions
NOI Build-Up for 2,394 SF
Gross rent
$35.9K $15.00/SF
− Vacancy
−$2.0K −$0.83/SF
EGI
$33.9K $14.17/SF
− OpEx
−$10.2K −$4.25/SF
NOI
$23.8K $9.92/SF
Area
Buffalo, NY
Vacancy
5.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$475,080
Cap Rate 7%
$339,343
Cap Rate 9%
$263,933
Alternative Uses
Best Use
Multifamily LT 5
$339.3K
$296.9K – $395.9K
NOI $23,754 @ 7.0% cap · market cap 7.94%
Second Best
Apartment 5plus
$312.6K
$273.5K – $364.7K
NOI $21,880 @ 7.0% cap · market cap 7.32%
Theoretical Best
Office A
$575.7K
$503.8K – $671.7K
NOI $40,300 @ 7.0% cap · market cap 13.48%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,159
Businesses Nearby
Explore this area
Business Placement
Demographics for 14214, NY
20,732
Population
9,280
Households
2.2
Avg Household Size
32
Median Age
46%
College-Educated
90%
High-School Grad
3.3 sq mi
ZIP Area
6,282
Density / Sq Mi
$56,573
Median Household Income
$29,928
Median Earnings
$1,072
Median Rent
$234,600
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 three-bedroom apartments feature updated kitchens, separate utilities, and distinct front porches.
Where is this duplex located?
The property is located at 207 Minnesota Avenue Buffalo, NY.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Two apartments, each with 3 bedrooms; 2,394 square feet; built in 1930; 0.16‑acre corner lot with backyard parking space for multiple vehicles
