Two-Unit Duplex with
For Sale
$205,000
35 Bellwood Avenue, Buffalo, NY 14224
Residential, Buffalo, NY
Property Size2,017 SF
Lot Size0.11 Acres
Price / SF$101.64
Days on Market94
Property Features for 35 Bellwood Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Basement, Bathroom 1, Bedroom 2, Bedroom 1, Bathroom 2, Bedroom 3
Parking features
Open
Interior features
CeilingFans
Appliances
GasWaterHeater
Subdivision
Buffalo Crk Reservation
Lot features
Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Elementary school district
West Seneca
Middle school district
West Seneca
High school district
West Seneca
Directions
Seneca to Bellwood
Standard status
Active
APN
146800-134-450-0006-002-000
Size
2,017 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Annual Amount
2674
Utilities
Heating system
Natural Gas, Forced Air
Water source
Public
Amenities
laundry hookups
partially fenced backyard
Building Details
Year built
1920
Floors in Building
2
Number of units
2
Flooring type
Carpet, Vinyl, Varies
Building materials
CompositeSiding, CopperPlumbing
Roof type
Asphalt
Architectural style
Other
Listing Agency:
WNY Metro Roberts Realty
(716) 646-6400
Listed By:
Michael P Kearns · License #10301215173
(716) 348-2058
Added: Jul 16
Changed: Oct 16
Last Checked: Oct 17 at 9:06AM
MLS# B1698714
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 2,017-square-foot duplex, built in 1920, contains two residential units with a matching layout of 2 bedrooms and 1 full bath per unit. Interior finishes include vinyl and carpet flooring, ceiling fans, and natural-gas forced-air heat. Replacement windows add a documented improvement, while the full basement provides laundry hookups and additional utility space.
The property occupies 0.107 acres and includes a detached 2-car garage, open parking, and a partially fenced backyard. Public water serves the property, which is clad in composite siding and topped with an asphalt roof. Its Bellwood Avenue location in Buffalo is near shopping, restaurants, parks, and major roadways. The configuration supports either continued rental use or an owner-occupant arrangement with a second unit.
The property occupies 0.107 acres and includes a detached 2-car garage, open parking, and a partially fenced backyard. Public water serves the property, which is clad in composite siding and topped with an asphalt roof. Its Bellwood Avenue location in Buffalo is near shopping, restaurants, parks, and major roadways. The configuration supports either continued rental use or an owner-occupant arrangement with a second unit.
Key Highlights
- Two‑unit duplex with 2,017 square feet of property size
- Each unit includes 2 bedrooms and 1 full bath
- Detached 2‑car garage with open parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,434
Cap Rate
8.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$368,680
$368.7K
Cap Rate 7%
$263,343
$263.3K
Cap Rate 9%
$204,822
$204.8K
Market Conditions
NOI Build-Up for 2,017 SF
Gross rent
$35.1K $17.40/SF
− Vacancy
−$1.6K −$0.78/SF
EGI
$33.5K $16.62/SF
− OpEx
−$15.1K −$7.48/SF
NOI
$18.4K $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%
$368,680
Cap Rate 7%
$263,343
Cap Rate 9%
$204,822
Alternative Uses
Best Use
Multifamily LT 5
$285.9K
$250.2K – $333.6K
NOI $20,014 @ 7.0% cap · market cap 9.76%
Second Best
Apartment 5plus
$263.3K
$230.4K – $307.2K
NOI $18,434 @ 7.0% cap · market cap 8.99%
Theoretical Best
Office A
$485.0K
$424.4K – $565.9K
NOI $33,953 @ 7.0% cap · market cap 16.56%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
277
Businesses Nearby
Explore this area
Business Placement
Demographics for 14224, NY
40,736
Population
19,286
Households
2.1
Avg Household Size
46
Median Age
33%
College-Educated
95%
High-School Grad
20.2 sq mi
ZIP Area
2,017
Density / Sq Mi
$76,250
Median Household Income
$49,824
Median Earnings
$1,077
Median Rent
$219,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences feature replacement windows, basement laundry hookups, and a partially enclosed backyard in Buffalo.
Where is this duplex located?
The property is located at 35 Bellwood Avenue Buffalo, NY.
What is the asking price?
The asking price for this property is $205,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,017 square feet of property size; Each unit includes 2 bedrooms and 1 full bath; Detached 2‑car garage with open parking
