Duplex with Covered
216 Court Street, Little Valley, NY 14755
For Sale
$199,000
Residential, Little Valley, NY
Property Size2,255 SF
Lot Size0.25 Acres
Price / SF$88.25
Days on Market96
Property Features for 216 Court Street
General Information
Property type
Property subtype
Zoning description
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Patio and Porch features
Interior features
Appliances
Lot features
Elementary school district
Middle school district
High school district
Directions
Subdivision
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Water source
Amenities
laundry in each unit
covered front porches
off street parking
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Architectural style
Listing Agency:
Signature Properties
(607) 796-9817
Listed By:
Julie M. (Jules) Costello · License NY #10401282603
(631) 433-7702
Added: Aug 7
Changed: Oct 30
Last Checked: Nov 10 at 2:06AM
MLS# R1705406
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.
This 1920 duplex contains two residential units within a 2,255-square-foot building on a 0.2524-acre corner parcel. Each unit has its own laundry area, while the property also provides two covered front porches and a large yard. Interior finishes include carpet and laminate flooring, with natural-gas baseboard and forced-air heating, ceiling fans, and a gas water heater. The building has vinyl siding, a metal roof, and public water service.
Located at 216 Court Street in Little Valley, the property offers both paved or surfaced parking and on-street parking. The two-unit configuration, separate laundry amenities, outdoor space, and covered porch areas provide clearly defined features for a residential income property.
Located at 216 Court Street in Little Valley, the property offers both paved or surfaced parking and on-street parking. The two-unit configuration, separate laundry amenities, outdoor space, and covered porch areas provide clearly defined features for a residential income property.
Key Highlights
- Two‑unit duplex built in 1920
- 2,255 square feet on a 0.2524‑acre lot
- Separate laundry area in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,491
Cap Rate
7.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$289,820
$289.8K
Cap Rate 7%
$207,014
$207.0K
Cap Rate 9%
$161,011
$161.0K
Market Conditions
NOI Build-Up for 2,255 SF
Gross rent
$23.0K $10.20/SF
− Vacancy
−$2.3K −$1.02/SF
EGI
$20.7K $9.18/SF
− OpEx
−$6.2K −$2.75/SF
NOI
$14.5K $6.43/SF
Area
Cattaraugus County, NY
Vacancy
10.00%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$289,820
Cap Rate 7%
$207,014
Cap Rate 9%
$161,011
Alternative Uses
Best Use
Multifamily LT 5
$207.0K
$181.1K – $241.5K
NOI $14,491 @ 7.0% cap · market cap 7.28%
Second Best
Apartment 5plus
$194.5K
$170.2K – $227.0K
NOI $13,618 @ 7.0% cap · market cap 6.84%
Theoretical Best
Healthcare Medical
$445.7K
$390.0K – $520.0K
NOI $31,197 @ 7.0% cap · market cap 15.68%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
108
Businesses Nearby
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Business Placement
Demographics for 14755, NY
2,855
Population
1,487
Households
1.9
Avg Household Size
44
Median Age
15%
College-Educated
89%
High-School Grad
73.9 sq mi
ZIP Area
39
Density / Sq Mi
$61,346
Median Household Income
$39,316
Median Earnings
$694
Median Rent
$116,100
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Cattaraugus County, NY
Properties on Market for Duplexes in Cattaraugus County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate units include individual laundry areas, paved parking, and access to a shared outdoor yard.
Where is this duplex located?
The property is located at 216 Court Street Little Valley, NY.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1920; 2,255 square feet on a 0.2524‑acre lot; Separate laundry area in each unit
