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2-Unit Duplex

225 Benzinger Street, Buffalo, NY 14206

For Sale
New
$199,000

Residential, Buffalo, NY

Property Size1,944 SF
Lot Size0.09 Acres
Price / SF$102.37
Days on Market4

Property Features for 225 Benzinger Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 4, Bedroom 5, Basement, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 2
Parking features Driveway
Appliances GasWaterHeater
Subdivision Holland Land Companys
Lot features Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Elementary school district Buffalo
Middle school district Buffalo
High school district Buffalo
Directions E. Lovejoy St. to Benzinger St.
Standard status Active
APN 140200-112-420-0004-044-000
Size 1,944 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Annual Amount 1827

Utilities

Heating system Natural Gas, Forced Air
Water source Public

Building Details

Year built 1900
Floors in Building 2
Number of units 2
Flooring type Varies, Hardwood, Vinyl
Building materials VinylSiding
Listing Agency: WNY Metro Roberts Realty
Listed By: Lidia Egleston · License NY #10401345761
Added: Nov 10 Last Checked: Nov 13 at 11:06PM
MLS# B1728168

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.

Rey
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Investment Insights

Based on property information with market context.

This 1,944-square-foot duplex, built in 1900, contains two apartments. The lower unit has three bedrooms, a full bathroom, a living room, and a kitchen; the upper unit offers two bedrooms with the same basic room arrangement. A full attic and basement provide additional space. The property occupies a 0.0894-acre lot and has a driveway, vinyl siding, and natural gas forced-air heat.

The home is in Buffalo, with shopping, dining, parks, and major roadways described as nearby. Each apartment has its own kitchen and living room, and the bedroom count differs by floor.

Key Highlights

  • Two apartments: three bedrooms downstairs and two bedrooms upstairs
  • 1,944 square feet; built in 1900
  • Full attic and basement

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,767
Cap Rate
8.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$355,340 $355.3K
Cap Rate 7%
$253,814 $253.8K
Cap Rate 9%
$197,411 $197.4K
Market Conditions
NOI Build-Up for 1,944 SF
Gross rent
$33.8K $17.40/SF
− Vacancy
−$1.5K −$0.78/SF
EGI
$32.3K $16.62/SF
− OpEx
−$14.5K −$7.48/SF
NOI
$17.8K $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%
$355,340
Cap Rate 7%
$253,814
Cap Rate 9%
$197,411

Alternative Uses

Best Use
Multifamily LT 5
$275.6K
$241.1K – $321.5K (±1% cap)
NOI $19,289 @ 7.0% cap · market cap 9.69%
Second Best
Apartment 5plus
$253.8K
$222.1K – $296.1K (±1% cap)
NOI $17,767 @ 7.0% cap · market cap 8.93%
Theoretical Best
Office A
$467.5K
$409.1K – $545.4K (±1% cap)
NOI $32,725 @ 7.0% cap · market cap 16.44%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

499
Businesses Nearby

Demographics for 14206, NY

21,706
Population
10,677
Households
2
Avg Household Size
38
Median Age
18%
College-Educated
87%
High-School Grad
5.0 sq mi
ZIP Area
4,341
Density / Sq Mi
$46,842
Median Household Income
$38,379
Median Earnings
$886
Median Rent
$111,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Buffalo, NY

$103 Jul
$105 Aug
$103 Sep
$102 Oct

Properties on Market for Duplexes in Buffalo

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both apartments have a kitchen, living room, and full bathroom, with three bedrooms downstairs and two upstairs.
Where is this duplex located?
The property is located at 225 Benzinger Street Buffalo, 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 apartments: three bedrooms downstairs and two bedrooms upstairs; 1,944 square feet; built in 1900; Full attic and basement
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