Brick Duplex With Two
288 Meadowlawn Road Buffalo, NY 14225
288 Meadowlawn Road, Buffalo, NY, 14225
$334,900
For Sale
$334,900
MULTI_FAMILY - Other - Buffalo, NY
Property Size2,080 SF
Lot Size0.13 Acres
Price / SF$161.01
Days on Market31
Property Features for 288 Meadowlawn Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Basement, Bedroom 5, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 2
- Parking features
- Open, Garage
- Exterior features
- Fence
- Fencing
- Fenced
- Appliances
- GasWaterHeater
- Standard status
- Active
- APN
- 143089-092-180-0007-047-000
- Size
- 2,080 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7894
Utilities
- Heating system
- Natural Gas, Hot Water(Heating)
- Water source
- Public
Building Details
- Year built
- 1962
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Hardwood, Tile, Varies, Vinyl, Resilient
- Building materials
- Brick
- Architectural style
- Other
Listing Agency
Keller Williams Realty WNY
(716) 832-3300
5500 Main St. Ste. 108, Williamsville, NY
Listed by
John Santora III · License #10401291249
(716) 908-4304
Added: Jun 18 Checked: Jul 18 at 3:06 am
MLS# B1691735
Listing URL
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 brick-front duplex includes two separate units configured as an upper and a lower apartment. The lower unit has two bedrooms and one bathroom, and the upper unit has three bedrooms and one bathroom. Both apartments feature updated flooring, including laminate in living areas, kitchens, and hallways, with wall-to-wall carpeting in the bedrooms, along with ceiling fans, large closets, and eat-in kitchens with pantries. Bathroom renovations were completed in 2021, with additional updates including flooring improvements to the upper unit in 2021 and new flooring for the lower unit in 2023. Mechanical and durability updates include a hydraulic backup sump system installed in 2022/2023, energy-efficient Low-E windows, and an upgraded tankless boiler system.
Exterior amenities include a large concrete driveway with parking for up to seven vehicles and a detached two-car garage with separate doors and openers for each apartment. The property also has a partially fenced backyard with a paver patio and mature gardens, plus a common laundry room.
Additional recorded improvements include a complete tear-off architectural roof installed in 2006, an upper-unit garage door replacement in 2025, and a lower-apartment shower valve replacement in 2025. The property is presented in clean, maintained condition throughout.
Exterior amenities include a large concrete driveway with parking for up to seven vehicles and a detached two-car garage with separate doors and openers for each apartment. The property also has a partially fenced backyard with a paver patio and mature gardens, plus a common laundry room.
Additional recorded improvements include a complete tear-off architectural roof installed in 2006, an upper-unit garage door replacement in 2025, and a lower-apartment shower valve replacement in 2025. The property is presented in clean, maintained condition throughout.
Key Highlights
- Brick multi‑unit property built in 1962 with 2 upper/lower apartments: 2 bed/1 bath (lower) and 3 bed/1 bath (upper)
- Recent flooring updates: upper apartment flooring/stairs/landing updated in 2021; lower apartment new flooring in 2023
- Bath updates in both apartments completed in 2021; lower shower valve replacement in 2025 and upper garage door replacement in 2025
Local 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 | $31.2k | $15.00 |
| − Vacancy | −$1.7k | −$0.83 |
| EGI | $29.5k | $14.17 |
| − OpEx | −$8.8k | −$4.25 |
| NOI | $20.6k | $9.92 |
2,080 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$294.8K
$258.0K – $344.0K
NOI $20,639 @ 7.0% cap · market cap 6.16%
Second Best
Apartment 5plus
$271.6K
$237.6K – $316.8K
NOI $19,010 @ 7.0% cap · market cap 5.68%
Theoretical Best
Office A
$500.2K
$437.7K – $583.6K
NOI $35,014 @ 7.0% cap · market cap 10.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Brick duplex offers an upper and lower unit with updated interiors, shared laundry, and parking for up to seven vehicles.
Where is this duplex located?
The property is located at 288 Meadowlawn Road Buffalo, NY.
What is the asking price?
The asking price for this property is $334,900.
What are key features of this property?
This property features: Brick multi‑unit property built in 1962 with 2 upper/lower apartments: 2 bed/1 bath (lower) and 3 bed/1 bath (upper); Recent flooring updates: upper apartment flooring/stairs/landing updated in 2021; lower apartment new flooring in 2023; Bath updates in both apartments completed in 2021; lower shower valve replacement in 2025 and upper garage door replacement in 2025
