Brick Duplex with
36 Wendel Avenue, Tonawanda, NY 14223
For Sale
$210,000
Pending
Residential, Tonawanda, NY
Property Size1,692 SF
Days on Market56
Property Features for 36 Wendel Avenue
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Patio and Porch features
Interior features
Exterior features
Fencing
Fireplace
Appliances
Lot features
Elementary school district
Middle school district
High school district
Subdivision
Standard status
APN
Size
Additional Details
Tenant in Place
Individually Metered Utilities
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
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Architectural style
Additional Structures
Buildings
Listing Agency:
Gurney Becker & Bourne
(716) 849-1234
Listed By:
Tracy Heneghan · License #10401284827
(716) 228-1884
Added: Sep 14
Changed: Oct 23
Last Checked: Nov 8 at 12:06AM
MLS# B1714233
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
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This 1936 duplex at 36 Wendel Avenue contains 1,692 square feet across two residential units, each with two bedrooms and one full bathroom. The lower apartment includes a formal dining room with hardwood flooring, a living room with a decorative fireplace and built-in bookshelves, plus a den. The upper apartment has an eat-in kitchen with a walk-in pantry. Appliances are included, and separate laundry hookups are located in the basement. Utilities, including water, are separated between the units.
The property features brick and composite-siding construction, a garage, fenced exterior areas, a porch, asphalt roofing, natural-wood details, and a public water supply. Notable improvements include basement waterproofing completed in 2016, a sump pump installed in 2017, replacement windows added in 2019, and a concrete driveway installed in 2010. The lower furnace dates to 11/2017, the upper furnace to 02/2026, and the lower hot water tank to 01/2023. The property is located in Tonawanda near UB's South Campus.
The property features brick and composite-siding construction, a garage, fenced exterior areas, a porch, asphalt roofing, natural-wood details, and a public water supply. Notable improvements include basement waterproofing completed in 2016, a sump pump installed in 2017, replacement windows added in 2019, and a concrete driveway installed in 2010. The lower furnace dates to 11/2017, the upper furnace to 02/2026, and the lower hot water tank to 01/2023. The property is located in Tonawanda near UB's South Campus.
Key Highlights
- Two‑unit duplex with 1,692 square feet and two bedrooms plus one full bath in each unit
- Separate utilities, including water, serve the two apartments
- Lower unit includes formal dining room, hardwood floors, decorative fireplace, built‑in bookshelves, and den
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,879
Cap Rate
5.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$217,580
$217.6K
Cap Rate 7%
$155,414
$155.4K
Cap Rate 9%
$120,878
$120.9K
Market Conditions
NOI Build-Up for 1,692 SF
Gross rent
$23.3K $13.80/SF
− Vacancy
−$7.8K −$4.61/SF
EGI
$15.5K $9.19/SF
− OpEx
−$4.7K −$2.76/SF
NOI
$10.9K $6.43/SF
Area
Erie County, NY
Vacancy
33.44%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$217,580
Cap Rate 7%
$155,414
Cap Rate 9%
$120,878
Alternative Uses
Best Use
Multifamily LT 5
$155.4K
$136.0K – $181.3K
NOI $10,879 @ 7.0% cap · market cap 5.18%
Second Best
Apartment 5plus
$139.6K
$122.1K – $162.8K
NOI $9,769 @ 7.0% cap · market cap 4.65%
Theoretical Best
Office A
$369.9K
$323.7K – $431.5K
NOI $25,892 @ 7.0% cap · market cap 12.33%
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
806
Businesses Nearby
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Business Placement
Demographics for 14223, NY
22,658
Population
10,586
Households
2.1
Avg Household Size
41
Median Age
44%
College-Educated
97%
High-School Grad
3.5 sq mi
ZIP Area
6,474
Density / Sq Mi
$83,528
Median Household Income
$49,835
Median Earnings
$976
Median Rent
$202,200
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Erie County, NY
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Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer separate utilities, basement laundry hookups, and distinct kitchen and living-area features.
Where is this duplex located?
The property is located at 36 Wendel Avenue Tonawanda, NY.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,692 square feet and two bedrooms plus one full bath in each unit; Separate utilities, including water, serve the two apartments; Lower unit includes formal dining room, hardwood floors, decorative fireplace, built‑in bookshelves, and den
