Duplex with Basement
New
For Sale
$314,999
320 Bennett Road, Buffalo, NY 14227
Residential, Buffalo, NY
Property Size1,890 SF
Lot Size0.29 Acres
Price / SF$166.67
Days on Market1
Property Features for 320 Bennett Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 4, Basement, Bathroom 3, Bedroom 3, Bedroom 1
Parking features
Carport, Garage
Patio and Porch features
Porch
Interior features
PullDownAtticStairs, SlidingGlassDoors
Exterior features
Fence
Fencing
Fenced
Appliances
TanklessWaterHeater
Lot features
Flag Lot, Residential Lot
Middle school
Cheektowaga Middle
High school
Cheektowaga High
Elementary school district
Cheektowaga
Middle school district
Cheektowaga
High school district
Cheektowaga
Directions
Use your favorite GPS App
Subdivision
Cheektowaga-143089
Standard status
Active
APN
143089-114-090-0003-008-000
Size
1,890 SF
Lot size
0.29 Acres
Taxes and HOA fees
Tax Annual Amount
7516
Utilities
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Amenities
heated entryway
sunroom
central A/C
attic fan
storage shed
Building Details
Year built
1938
Floors in Building
2
Number of units
2
Flooring type
Varies, Carpet, Tile, Vinyl
Building materials
VinylSiding
Roof type
Asphalt
Architectural style
Other
Listing Agency:
Keller Williams Realty WNY
(716) 832-3300
Listed By:
Rachel Corcoran · License #10301225058
(716) 462-9233
Added: Nov 6
Last Checked: Nov 6 at 6:06AM
MLS# B1727355
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.
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Investment Insights
Based on property information with market context.
This 1,890-square-foot duplex, built in 1938, has two residential units and an additional basement living area with a full bathroom and large window. The lower unit features three bedrooms, an open living and dining area, and a three-season sunroom. Its kitchen includes built-in cabinetry, a breakfast bar, and appliances. The upper unit has a living room, formal dining room, and a primary bedroom with a walk-in closet. Central air conditioning serves the property, and the basement has two laundry hookups and a tankless water heater installed in 2020, backed by a separate hot water tank.
The 0.29-acre property has a 30-foot-wide driveway, a storage shed added in 2016, and a fenced exterior. It is next to the Reinstein Nature Preserve lot. A new furnace and air conditioning system were installed in 2025.
The 0.29-acre property has a 30-foot-wide driveway, a storage shed added in 2016, and a fenced exterior. It is next to the Reinstein Nature Preserve lot. A new furnace and air conditioning system were installed in 2025.
Key Highlights
- Two‑unit property with an additional basement living space and full bathroom
- 1,890 square feet on a 0.29‑acre lot
- Lower residence has 3 bedrooms and a three‑season sunroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,754
Cap Rate
5.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$375,080
$375.1K
Cap Rate 7%
$267,914
$267.9K
Cap Rate 9%
$208,378
$208.4K
Market Conditions
NOI Build-Up for 1,890 SF
Gross rent
$28.4K $15.00/SF
− Vacancy
−$1.6K −$0.83/SF
EGI
$26.8K $14.17/SF
− OpEx
−$8.0K −$4.25/SF
NOI
$18.8K $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%
$375,080
Cap Rate 7%
$267,914
Cap Rate 9%
$208,378
Alternative Uses
Best Use
Multifamily LT 5
$267.9K
$234.4K – $312.6K
NOI $18,754 @ 7.0% cap · market cap 5.95%
Second Best
Apartment 5plus
$246.8K
$215.9K – $287.9K
NOI $17,273 @ 7.0% cap · market cap 5.48%
Theoretical Best
Office A
$454.5K
$397.7K – $530.3K
NOI $31,816 @ 7.0% cap · market cap 10.10%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
239
Businesses Nearby
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Business Placement
Demographics for 14227, NY
23,130
Population
10,476
Households
2.2
Avg Household Size
48
Median Age
26%
College-Educated
95%
High-School Grad
8.2 sq mi
ZIP Area
2,821
Density / Sq Mi
$67,349
Median Household Income
$46,627
Median Earnings
$1,084
Median Rent
$190,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences are complemented by a basement guest space with a full bathroom and large window.
Where is this duplex located?
The property is located at 320 Bennett Road Buffalo, NY.
What is the asking price?
The asking price for this property is $314,999.
What are key features of this property?
This property features: Two‑unit property with an additional basement living space and full bathroom; 1,890 square feet on a 0.29‑acre lot; Lower residence has 3 bedrooms and a three‑season sunroom
