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Side-by-Side Duplex

326-328 Ridgewood Circle, Buffalo, NY 14218

For Sale
New
$219,900

Residential, Buffalo, NY

Property Size1,607 SF
Lot Size0.19 Acres
Price / SF$136.84
Days on Market5

Property Features for 326-328 Ridgewood Circle

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 5, Basement, Bedroom 3, Bedroom 1
Interior features CeilingFans
Exterior features Fence, PrivateYard
Fencing Fenced
Appliances GasWaterHeater
Lot features Rectangular, Rectangular Lot, Residential Lot
Middle school Lackawanna Middle
High school Lackawanna High
Elementary school district Lackawanna
Middle school district Lackawanna
High school district Lackawanna
Directions GPS
Subdivision Lackawanna-City-140900
Standard status Active
APN 140900-142-120-0002-017-000
Size 1,607 SF
Lot size 0.19 Acres

Taxes and HOA fees

Tax Annual Amount 4638

Utilities

Heating system Forced Air, Natural Gas
Water source Public

Amenities

private entrances
off-street parking
private basements
glass block windows
separate utilities
eat-in kitchens
included stove and refrigerator
oak hardwood flooring
sliding patio doors
private side yards
large closets
private rear deck

Building Details

Year built 1943
Floors in Building 1
Number of units 2
Flooring type Hardwood, Tile, Varies
Building materials FiberCement, CopperPlumbing, PexPlumbing
Roof type Asphalt
Architectural style Other
Listing Agency: South Buffalo Realty Company
Listed By: Alec Pinterpe · License NY #10311206721
Added: Nov 6 Last Checked: Nov 10 at 1:06AM
MLS# B1725730

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.

Rey
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Investment Insights

Based on property information with market context.

At 326-328 Ridgewood Circle in Buffalo, this ranch-style duplex contains two side-by-side residences totaling 1,607 square feet. The units have separate entrances and utilities, individual basements with glass block windows, and off-street parking. The property was built in 1943 and occupies 0.1928 acres.

The two-bedroom residence has an eat-in kitchen, living room with oak hardwood flooring, and a sliding door to a private side yard. The adjoining unit has three bedrooms, an eat-in kitchen, and a living room with oak hardwood flooring. A rear bedroom in that unit opens onto a private deck. Both kitchens include a stove and refrigerator.

Key Highlights

  • Two side‑by‑side residences with separate entrances and utilities
  • 1,607 square feet of building area on a 0.1928‑acre lot
  • Two‑bedroom and three‑bedroom unit configuration

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,945
Cap Rate
7.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$318,900 $318.9K
Cap Rate 7%
$227,786 $227.8K
Cap Rate 9%
$177,167 $177.2K
Market Conditions
NOI Build-Up for 1,607 SF
Gross rent
$24.1K $15.00/SF
− Vacancy
−$1.3K −$0.83/SF
EGI
$22.8K $14.17/SF
− OpEx
−$6.8K −$4.25/SF
NOI
$15.9K $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%
$318,900
Cap Rate 7%
$227,786
Cap Rate 9%
$177,167

Alternative Uses

Best Use
Multifamily LT 5
$227.8K
$199.3K – $265.8K (±1% cap)
NOI $15,945 @ 7.0% cap · market cap 7.25%
Second Best
Apartment 5plus
$209.8K
$183.6K – $244.8K (±1% cap)
NOI $14,687 @ 7.0% cap · market cap 6.68%
Theoretical Best
Office A
$386.5K
$338.2K – $450.9K (±1% cap)
NOI $27,052 @ 7.0% cap · market cap 12.30%
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

Location Intelligence

Trade Area within ½ mile

348
Businesses Nearby

Demographics for 14218, NY

20,878
Population
9,478
Households
2.2
Avg Household Size
38
Median Age
21%
College-Educated
88%
High-School Grad
8.1 sq mi
ZIP Area
2,578
Density / Sq Mi
$50,484
Median Household Income
$36,457
Median Earnings
$829
Median Rent
$135,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Buffalo, NY

$103 Jul
$105 Aug
$103 Sep
$102 Oct

Properties on Market for Duplexes in Buffalo

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two independent residences have separate utilities, private basements, and off-street parking.
Where is this duplex located?
The property is located at 326-328 Ridgewood Circle Buffalo, NY.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: Two side‑by‑side residences with separate entrances and utilities; 1,607 square feet of building area on a 0.1928‑acre lot; Two‑bedroom and three‑bedroom unit configuration
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