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Four-Unit Quadplex with Garage
For Sale
$299,900

24 Windwood Court, Cheektowaga, NY 14225

Residential, Cheektowaga, NY

Property Size3,300 SF
Lot Size0.18 Acres
Price / SF$90.88
Days on Market52

Property Features for 24 Windwood Court

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 8, Bathroom 4, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 5, Bedroom 7, Bedroom 3, Bedroom 4, Bathroom 1, Bedroom 6
Exterior features FullyFenced
Fencing Fenced
Appliances GasWaterHeater
Lot features Rectangular, Rectangular Lot, Residential Lot
Elementary school district Cleveland Hill
Middle school district Cleveland Hill
High school district Cleveland Hill
Subdivision Cheektowaga-143089
Standard status Active
APN 143089-091-090-0006-029-000
Size 3,300 SF
Lot size 0.18 Acres

Taxes and HOA fees

Tax Annual Amount 5020

Utilities

Heating system Forced Air, Natural Gas
Water source Public

Amenities

private laundry hookups

Building Details

Year built 1942
Floors in Building 2
Number of units 4
Building materials VinylSiding, CopperPlumbing
Roof type Metal
Architectural style Other
Listing Agency: MLS Nation Realty LLC
Listed By: Thomas J Mazzone · License #10491213404
Added: Sep 8 Changed: Oct 22 Last Checked: Oct 29 at 12:06AM
MLS# B1712728

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 3,300-square-foot quadplex contains four side-by-side apartments with matching layouts, two bedrooms per unit, comfortable living areas, and private laundry hookups. Each apartment has separate utilities, and all four units are occupied under month-to-month tenancies. The property includes an additional 1-car garage, a fully fenced lot, public water, forced-air natural gas heating, and a metal roof.

Built in 1942, the property has received multiple updates. Work completed in 2012 included vinyl siding, windows, several furnaces and hot water tanks, doors, kitchens, sinks, and the garage door. The current ownership has added a newer metal roof and gutters, while the garage roof was replaced several years ago. Bathrooms in Units 24A and 24B have also been updated.

Located at 24 Windwood Court in Cheektowaga, the property is near the Thruway entrance and within the Cleveland Hill School District. The parcel measures 0.18 acres.

Key Highlights

  • Four side‑by‑side units with 2 bedrooms each and 8 total bedrooms
  • 3,300 square feet on a 0.18‑acre parcel
  • Separate utilities for all four apartments

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,218
Cap Rate
7.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$424,360 $424.4K
Cap Rate 7%
$303,114 $303.1K
Cap Rate 9%
$235,756 $235.8K
Market Conditions
NOI Build-Up for 3,300 SF
Gross rent
$45.5K $13.80/SF
− Vacancy
−$15.2K −$4.61/SF
EGI
$30.3K $9.19/SF
− OpEx
−$9.1K −$2.76/SF
NOI
$21.2K $6.43/SF
Area
Erie County, NY
Vacancy
33.44%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$424,360
Cap Rate 7%
$303,114
Cap Rate 9%
$235,756

Alternative Uses

Best Use
Multifamily LT 5
$303.1K
$265.2K – $353.6K (±1% cap)
NOI $21,218 @ 7.0% cap · market cap 7.08%
Second Best
Apartment 5plus
$272.2K
$238.2K – $317.6K (±1% cap)
NOI $19,053 @ 7.0% cap · market cap 6.35%
Theoretical Best
Office A
$721.4K
$631.2K – $841.6K (±1% cap)
NOI $50,498 @ 7.0% cap · market cap 16.84%
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
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Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

329
Businesses Nearby

Demographics for 14225, NY

34,066
Population
16,253
Households
2.1
Avg Household Size
41
Median Age
29%
College-Educated
93%
High-School Grad
11.5 sq mi
ZIP Area
2,962
Density / Sq Mi
$65,562
Median Household Income
$44,408
Median Earnings
$937
Median Rent
$154,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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?
Quadplex - Side-by-side apartments offer private laundry hookups, separate utilities, and month-to-month occupancy.
Where is this quadplex located?
The property is located at 24 Windwood Court Cheektowaga, NY.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Four side‑by‑side units with 2 bedrooms each and 8 total bedrooms; 3,300 square feet on a 0.18‑acre parcel; Separate utilities for all four apartments
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