Two-Unit Duplex with
36 Mesmer Avenue, Buffalo, NY 14220
For Sale
New
$169,999
Residential, Buffalo, NY
Property Size1,650 SF
Lot Size0.09 Acres
Price / SF$103.03
Days on Market3
Property Features for 36 Mesmer Avenue
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Patio and Porch features
Interior features
Exterior features
Fencing
Appliances
Subdivision
Lot features
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Water source
Amenities
shared basement
laundry facilities
attic storage
garage
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Architectural style
Buildings
Listing Agency:
WNY Metro Roberts Realty
(716) 662-0449
Listed By:
Daniel Vaillancourt · License NY #10401376077
(716) 308-6210
Added: Nov 11
Changed: Nov 12
Last Checked: Nov 13 at 11:06PM
MLS# B1728407
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.
Configured as a duplex after its original single-family use, this 1,650-square-foot property contains two residences, each with two bedrooms and one full bathroom. Both units are vacant and share utilities. A basement with laundry facilities and a full attic provide additional storage areas. The 0.0861-acre parcel also includes a driveway, rear parking area, and a 1.5-car garage.
The property is on a one-way street in Buffalo, near Mercy Hospital and Cazenovia Park, as well as shopping and dining. Built in 1902, the home has vinyl siding, a fenced yard, and a porch.
The property is on a one-way street in Buffalo, near Mercy Hospital and Cazenovia Park, as well as shopping and dining. Built in 1902, the home has vinyl siding, a fenced yard, and a porch.
Key Highlights
- Two vacant residences, each with 2 bedrooms and 1 full bathroom
- 1,650 square feet on a 0.0861‑acre lot
- Shared basement laundry and a full attic
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,080
Cap Rate
8.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$301,600
$301.6K
Cap Rate 7%
$215,429
$215.4K
Cap Rate 9%
$167,556
$167.6K
Market Conditions
NOI Build-Up for 1,650 SF
Gross rent
$28.7K $17.40/SF
− Vacancy
−$1.3K −$0.78/SF
EGI
$27.4K $16.62/SF
− OpEx
−$12.3K −$7.48/SF
NOI
$15.1K $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%
$301,600
Cap Rate 7%
$215,429
Cap Rate 9%
$167,556
Alternative Uses
Best Use
Multifamily LT 5
$233.9K
$204.7K – $272.9K
NOI $16,372 @ 7.0% cap · market cap 9.63%
Second Best
Apartment 5plus
$215.4K
$188.5K – $251.3K
NOI $15,080 @ 7.0% cap · market cap 8.87%
Theoretical Best
Office A
$396.8K
$347.2K – $462.9K
NOI $27,775 @ 7.0% cap · market cap 16.34%
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
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,034
Businesses Nearby
Explore this area
Business Placement
Demographics for 14220, NY
23,959
Population
11,286
Households
2.1
Avg Household Size
38
Median Age
28%
College-Educated
93%
High-School Grad
3.8 sq mi
ZIP Area
6,305
Density / Sq Mi
$68,337
Median Household Income
$42,112
Median Earnings
$974
Median Rent
$180,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Buffalo, NY
Properties on Market for Duplexes in Buffalo
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The vacant residences each have two bedrooms and one full bath, with shared laundry in the basement.
Where is this duplex located?
The property is located at 36 Mesmer Avenue Buffalo, NY.
What is the asking price?
The asking price for this property is $169,999.
What are key features of this property?
This property features: Two vacant residences, each with 2 bedrooms and 1 full bathroom; 1,650 square feet on a 0.0861‑acre lot; Shared basement laundry and a full attic
