Renovated Two-Family
For Sale
$239,900
339 Hampshire Street, Buffalo, NY 14213
Residential, Buffalo, NY
Property Size2,342 SF
Lot Size0.08 Acres
Price / SF$102.43
Days on Market47
Property Features for 339 Hampshire Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bathroom 1, Bedroom 3, Bedroom 6, Bedroom 1, Bedroom 4, Bedroom 5, Basement, Bathroom 2
Parking features
On Street
Appliances
GasWaterHeater
Lot features
Rectangular, Rectangular Lot, Residential Lot
Elementary school district
Buffalo
Middle school district
Buffalo
High school district
Buffalo
Subdivision
Buffalo City-140200
Standard status
Active
APN
140200-099-430-0003-008-000
Size
2,342 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Annual Amount
1650
Utilities
Heating system
Forced Air, Natural Gas
Water source
Public
Building Details
Year built
1912
Floors in Building
2
Number of units
2
Flooring type
Varies, Vinyl, Hardwood
Building materials
VinylSiding
Buildings
1
Listing Agency:
Pioneer Star Real Estate Inc.
(716) 689-7250
Listed By:
Pushpa Gunatilake · License #10311200587
(716) 907-3046
Added: Sep 12
Changed: Oct 26
Last Checked: Oct 28 at 7:06PM
MLS# B1713849
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.
Located at 339 Hampshire Street, this 2,342-square-foot duplex contains two residential apartments, each with 3 bedrooms and 1 full bathroom. The interiors have been renovated with updated finishes, and the layouts include hardwood and vinyl flooring along with abundant natural light. A gas water heater serves the property, while natural-gas forced-air heating provides the primary heat source.
Built in 1912, the home sits on a 0.0771-acre lot in Buffalo, NY 14213. The exterior uses vinyl siding, public water serves the property, and parking is provided on the street. The two-unit configuration supports owner occupancy with an additional apartment or continued use as a residential income property.
Built in 1912, the home sits on a 0.0771-acre lot in Buffalo, NY 14213. The exterior uses vinyl siding, public water serves the property, and parking is provided on the street. The two-unit configuration supports owner occupancy with an additional apartment or continued use as a residential income property.
Key Highlights
- Two‑unit duplex with 3 bedrooms and 1 full bath in each apartment
- 2,342 square feet of building area
- Renovated interiors with updated finishes and natural light
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,404
Cap Rate
8.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$428,080
$428.1K
Cap Rate 7%
$305,771
$305.8K
Cap Rate 9%
$237,822
$237.8K
Market Conditions
NOI Build-Up for 2,342 SF
Gross rent
$40.8K $17.40/SF
− Vacancy
−$1.8K −$0.78/SF
EGI
$38.9K $16.62/SF
− OpEx
−$17.5K −$7.48/SF
NOI
$21.4K $9.14/SF
Area
Buffalo, NY
Vacancy
4.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$428,080
Cap Rate 7%
$305,771
Cap Rate 9%
$237,822
Alternative Uses
Best Use
Multifamily LT 5
$332.0K
$290.5K – $387.3K
NOI $23,238 @ 7.0% cap · market cap 9.69%
Second Best
Apartment 5plus
$305.8K
$267.6K – $356.7K
NOI $21,404 @ 7.0% cap · market cap 8.92%
Theoretical Best
Office A
$563.2K
$492.8K – $657.1K
NOI $39,424 @ 7.0% cap · market cap 16.43%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,134
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom apartments feature updated interiors, natural light, and a full bathroom in each unit.
Where is this duplex located?
The property is located at 339 Hampshire Street Buffalo, NY.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Two‑unit duplex with 3 bedrooms and 1 full bath in each apartment; 2,342 square feet of building area; Renovated interiors with updated finishes and natural light
