Updated Side-by-Side
25 Sheldon Avenue Depew, NY 14043
New
For Sale
$309,900
MULTI_FAMILY - Other - Depew, NY
Property Size2,296 SF
Lot Size0.23 Acres
Price / SF$134.97
Days on Market3
Property Features for 25 Sheldon Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
4
Rooms
Bathroom 4, Bedroom 4, Bathroom 3, Bedroom 5, Bathroom 2, Bedroom 1, Bathroom 1, Basement, Bedroom 2, Bedroom 3
Parking features
Garage
Patio and Porch features
Patio
Exterior features
FullyFenced, Fence, Patio, PrivateYard
Fencing
Fenced
Appliances
GasWaterHeater
Standard status
Active
APN
145203-104-110-0011-009-000
Size
2,296 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Annual Amount
5182
Utilities
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1836
Floors in Building
2
Number of units
2
Flooring type
Vinyl, Tile, Varies
Building materials
VinylSiding
Roof type
Asphalt
Architectural style
Other
Listing Agency:
Keller Williams Realty Lancaster
(716) 324-2300
Listed By:
Timothy D Maciejewski · License #10301217558
(716) 989-7440
Added: Jul 27
Last Checked: Jul 29 at 6:06AM
MLS# B1701780
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 updated side-by-side duplex is maintained to a high standard and configured as two separate residences. The property includes a 3-bedroom, 1.5-bath unit and a 2-bedroom, 1.5-bath unit, with modern interior finishes and features such as stainless steel appliances, updated bathrooms, contemporary flooring, recessed lighting, and a bright neutral color palette.
The 3-bedroom unit has exclusive access to a private, fully fenced patio. A shared expansive side yard provides additional common outdoor green space for both residences. Exterior amenities include charming white picket fencing, a detached two-car garage, and ample off-street parking.
The property is tenant occupied and requires 48-hour notice for all showings. Offers will be reviewed as they are received.
The 3-bedroom unit has exclusive access to a private, fully fenced patio. A shared expansive side yard provides additional common outdoor green space for both residences. Exterior amenities include charming white picket fencing, a detached two-car garage, and ample off-street parking.
The property is tenant occupied and requires 48-hour notice for all showings. Offers will be reviewed as they are received.
Key Highlights
- Side‑by‑side duplex with 2,296 SF total living space, currently generating $2,700/month in rental income
- 3‑bedroom, 1.5‑bath unit and 2‑bedroom, 1.5‑bath unit, each with updated kitchens and bathrooms
- Both units include white shaker kitchen cabinets and stainless steel appliances; recessed lighting and updated flooring throughout
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.7k | $13.80 |
| − Vacancy | −$10.6k | −$4.61 |
| EGI | $21.1k | $9.19 |
| − OpEx | −$6.3k | −$2.76 |
| NOI | $14.8k | $6.43 |
2,296 SF · lease $13.80/SF/yr · vacancy 33.44% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$210.9K
$184.5K – $246.1K
NOI $14,763 @ 7.0% cap · market cap 4.76%
Second Best
Apartment 5plus
$189.4K
$165.7K – $220.9K
NOI $13,256 @ 7.0% cap · market cap 4.28%
Theoretical Best
Office A
$501.9K
$439.2K – $585.6K
NOI $35,134 @ 7.0% cap · market cap 11.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Impeccably updated duplex with separate 3-bedroom and 2-bedroom units, off-street parking, and a private fenced patio.
Where is this duplex located?
The property is located at 25 Sheldon Avenue Depew, NY.
What is the asking price?
The asking price for this property is $309,900.
What are key features of this property?
This property features: Side‑by‑side duplex with 2,296 SF total living space, currently generating $2,700/month in rental income; 3‑bedroom, 1.5‑bath unit and 2‑bedroom, 1.5‑bath unit, each with updated kitchens and bathrooms; Both units include white shaker kitchen cabinets and stainless steel appliances; recessed lighting and updated flooring throughout
