Two-Family
New
For Sale
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227 Mckinley Avenue, Jamestown, NY 14701
Residential, Jamestown, NY
Property Size2,155 SF
Lot Size0.11 Acres
Price / SF$13.87
Days on Market2
Property Features for 227 Mckinley Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 4, Bedroom 2, Basement
Parking features
On Street
Appliances
GasWaterHeater
Lot features
Rectangular, Rectangular Lot, Residential Lot
Elementary school
Milton J Fletcher Elementary
Middle school
Persell Middle
High school
Jamestown High
Elementary school district
Jamestown
Middle school district
Jamestown
High school district
Jamestown
Directions
From forest turn onto Mckinley-
Subdivision
Jamestown-City-060800
Standard status
Active
APN
060800-387-014-0004-013-000
Size
2,155 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Annual Amount
978
Utilities
Heating system
Forced Air, Natural Gas
Water source
Public
Building Details
Year built
1900
Floors in Building
2
Number of units
2
Flooring type
Varies, Hardwood
Building materials
WoodSiding
Listing Agency:
Century 21 Turner Brokers · Century 21 Real Estate
(716) 763-7506
Listed By:
Andrea Eckman · License #10401279663
(716) 450-6685
Added: Oct 23
Last Checked: Oct 24 at 3:06AM
MLS# R1724467
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,155-square-foot duplex was built in 1900 on a 0.1148-acre lot. Its interior includes four bedrooms, two bathrooms, and a basement, with hardwood and varied flooring. The building has wood siding and a gas water heater.
Forced-air, natural gas heating and public water serve the property. Parking is available on the street.
Forced-air, natural gas heating and public water serve the property. Parking is available on the street.
Key Highlights
- 2,155 square feet on a 0.1148‑acre lot
- Two‑family duplex configuration
- Four bedrooms, two bathrooms, and a basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,315
Suggested Prices Based on Cap Rates
Cap Rate 5%
$326,300
$326.3K
Cap Rate 7%
$233,071
$233.1K
Cap Rate 9%
$181,278
$181.3K
Market Conditions
NOI Build-Up for 2,155 SF
Gross rent
$34.1K $15.84/SF
− Vacancy
−$4.5K −$2.08/SF
EGI
$29.7K $13.76/SF
− OpEx
−$13.3K −$6.19/SF
NOI
$16.3K $7.57/SF
Area
Chautauqua County, NY
Vacancy
13.10%
Lease Rate
$15.84 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$326,300
Cap Rate 7%
$233,071
Cap Rate 9%
$181,278
Alternative Uses
Best Use
Multifamily LT 5
$254.7K
$222.9K – $297.2K
NOI $17,831 @ 7.0% cap · market cap 59.64%
Second Best
Apartment 5plus
$233.1K
$203.9K – $271.9K
NOI $16,315 @ 7.0% cap · market cap 54.57%
Theoretical Best
Office A
$645.0K
$564.4K – $752.5K
NOI $45,152 @ 7.0% cap · market cap 151.01%
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
978
Businesses Nearby
Explore this area
Business Placement
Demographics for 14701, NY
38,428
Population
19,469
Households
2
Avg Household Size
42
Median Age
25%
College-Educated
90%
High-School Grad
92.6 sq mi
ZIP Area
415
Density / Sq Mi
$50,909
Median Household Income
$34,592
Median Earnings
$769
Median Rent
$98,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Four bedrooms, two bathrooms, and a basement shape the residential layout.
Where is this duplex located?
The property is located at 227 Mckinley Avenue Jamestown, NY.
What are key features of this property?
This property features: 2,155 square feet on a 0.1148‑acre lot; Two‑family duplex configuration; Four bedrooms, two bathrooms, and a basement
