Renovated Two-Unit
For Sale
$264,900
318 14th Street, Buffalo, NY 14213
Residential, Buffalo, NY
Property Size1,619 SF
Lot Size0.08 Acres
Price / SF$163.62
Days on Market8
Property Features for 318 14th Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 3
Parking features
On Street
Exterior features
FullyFenced
Fencing
Fenced
Appliances
GasWaterHeater
Subdivision
City/Buffalo
Lot features
Rectangular, Rectangular Lot, Residential Lot
Elementary school district
Buffalo
Middle school district
Buffalo
High school district
Buffalo
Directions
Vermont to 14th
Standard status
Active
APN
140200-099-590-0004-006-000
Size
1,619 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Annual Amount
2183
Utilities
Heating system
Forced Air, Natural Gas
Water source
Public
Amenities
in-unit laundry
Building Details
Year built
1900
Floors in Building
2
Number of units
2
Flooring type
Vinyl, Varies
Building materials
AtticCrawlHatchwaysInsulated, VinylSiding
Roof type
Asphalt
Architectural style
Other
Listing Agency:
Keller Williams Realty WNY
(716) 832-3300
Listed By:
Joseph Brown · License #10401344902
(716) 550-6771
Added: Oct 21
Changed: Oct 25
Last Checked: Oct 28 at 9:06AM
MLS# B1724043
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,619-square-foot duplex contains two renovated apartments. The first offers two bedrooms, one bathroom, living and dining areas, and in-unit laundry; the second has one bedroom, one bathroom, a living area, and its own laundry. The property also features newer windows, a new roof, two new hot water tanks, and two newer furnaces. Built in 1900, the building has vinyl siding, forced-air natural gas heat, and an asphalt roof.
The property is at 318 14th Street in Buffalo, with access to major expressways and downtown Buffalo, Allentown, and Elmwood Village. Restaurants, shopping, entertainment, and neighborhood amenities are also identified in the surrounding area.
The property is at 318 14th Street in Buffalo, with access to major expressways and downtown Buffalo, Allentown, and Elmwood Village. Restaurants, shopping, entertainment, and neighborhood amenities are also identified in the surrounding area.
Key Highlights
- Two apartments: one with 2 bedrooms and 1 bathroom, the other with 1 bedroom and 1 bathroom
- Total building area of 1,619 square feet on a 0.0838‑acre lot
- Both apartments have in‑unit laundry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,065
Cap Rate
6.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$321,300
$321.3K
Cap Rate 7%
$229,500
$229.5K
Cap Rate 9%
$178,500
$178.5K
Market Conditions
NOI Build-Up for 1,619 SF
Gross rent
$24.3K $15.00/SF
− Vacancy
−$1.3K −$0.83/SF
EGI
$22.9K $14.17/SF
− OpEx
−$6.9K −$4.25/SF
NOI
$16.1K $9.92/SF
Area
Buffalo, NY
Vacancy
5.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$321,300
Cap Rate 7%
$229,500
Cap Rate 9%
$178,500
Alternative Uses
Best Use
Multifamily LT 5
$229.5K
$200.8K – $267.8K
NOI $16,065 @ 7.0% cap · market cap 6.06%
Second Best
Apartment 5plus
$211.4K
$185.0K – $246.6K
NOI $14,797 @ 7.0% cap · market cap 5.59%
Theoretical Best
Office A
$389.3K
$340.7K – $454.2K
NOI $27,254 @ 7.0% cap · market cap 10.29%
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
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,026
Businesses Nearby
Explore this area
Business Placement
Demographics for 14213, NY
25,834
Population
11,397
Households
2.3
Avg Household Size
30
Median Age
36%
College-Educated
81%
High-School Grad
1.9 sq mi
ZIP Area
13,597
Density / Sq Mi
$52,597
Median Household Income
$36,084
Median Earnings
$1,059
Median Rent
$192,300
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
Frequently Asked Questions
What type of property is this?
Duplex - Separate apartments each include private in-unit laundry, with a two-bedroom layout downstairs and a one-bedroom layout upstairs.
Where is this duplex located?
The property is located at 318 14th Street Buffalo, NY.
What is the asking price?
The asking price for this property is $264,900.
What are key features of this property?
This property features: Two apartments: one with 2 bedrooms and 1 bathroom, the other with 1 bedroom and 1 bathroom; Total building area of 1,619 square feet on a 0.0838‑acre lot; Both apartments have in‑unit laundry
