315 Grandview Avenue Buffalo, NY 14223
MULTI_FAMILY - Other - Buffalo, NY
- Added:
- Jul 10, 2026
- Days on Market:
- 3
- Last Refresh:
- Jul 12 at 5:06 am
Property Features for 315 Grandview Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Basement, Bathroom 2, Bedroom 4, Bedroom 6, Bedroom 2, Bedroom 3, Bedroom 5, Bathroom 1, Bedroom 1
- Patio and Porch features
- Deck
- Exterior features
- Deck, FullyFenced, PrivateYard
- Fencing
- Fenced
- Appliances
- GasWaterHeater
- Standard status
- Active
- APN
- 146489-067-790-0002-021-100
- Size
- 1,868 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3955
Utilities
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1935
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Laminate, Varies, Hardwood
- Building materials
- VinylSiding, CopperPlumbing
- Roof type
- Asphalt
- Architectural style
- Other
Listing agent Joseph M Tomasello License #10301206199 (716) 425-5823
Listing office WNY Metro Roberts Realty 5687 Main St., cheektowaga, NY (716) 559-9972
Listing date Jul 10, 2026
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.
Located at 315 Grandview Avenue in Buffalo’s 14223 area of Erie County, the home is described as being just minutes from UB South Campus, with nearby shopping, restaurants, and major highways.
With two separate residential units, the building provides a practical setup for an owner-occupant or an investor seeking residential income from a two-unit duplex. Lot size is listed at 0.1171 acres, and the property size is reported as 1,868 square feet.
Key Highlights
- Town of Tonawanda 2‑family home built in 1935 with two 2‑bedroom, 1‑bath units
- Central air with natural gas forced‑air heating
- Fully fenced private yard with a deck
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 | $28.0k | $15.00 |
| − Vacancy | −$1.5k | −$0.83 |
| EGI | $26.5k | $14.17 |
| − OpEx | −$7.9k | −$4.25 |
| NOI | $18.5k | $9.92 |
