Duplex with 4-Car
New
For Sale
$240,000
367 Warwick Avenue, Buffalo, NY 14215
Residential, Buffalo, NY
Property Size2,228 SF
Lot Size0.10 Acres
Price / SF$107.72
Days on Market3
Property Features for 367 Warwick Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 2, Bedroom 1, Bedroom 5, Bedroom 4, Bathroom 1, Bedroom 6, Basement, Bedroom 3, Bathroom 3, Bathroom 2
Parking features
Garage
Security features
Security
Interior features
ProgrammableThermostat
Exterior features
Fence
Fencing
Fenced
Appliances
GasWaterHeater
Subdivision
Holland Land Company's Su
Lot features
Near Public Transit, Rectangular, Rectangular Lot
Elementary school district
Buffalo
Middle school district
Buffalo
High school district
Buffalo
Directions
Please use GPS
Standard status
Active
APN
140200-090-560-0002-020-000
Size
2,228 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Annual Amount
2057
Utilities
Heating system
Forced Air, Natural Gas
Water source
Public
Building Details
Year built
1925
Floors in Building
2
Number of units
2
Flooring type
Carpet, Vinyl, Varies
Building materials
AluminumSiding, Block, Concrete, PexPlumbing
Roof type
Asphalt
Architectural style
Other
Listing Agency:
WNY Metro Roberts Realty
(716) 875-2211
Listed By:
Nicole Totaro · License #10401351881
(716) 796-4874
Added: Oct 8
Changed: Oct 9
Last Checked: Oct 10 at 11:06AM
MLS# B1719556
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.
Investment Insights
Based on property information with market context.
This 2,228-square-foot duplex contains two three-bedroom apartments and a four-car garage. The lower unit has two full bathrooms, a formal dining area, living room, and updated kitchen with new counters, cabinetry, and recessed lighting. The upper apartment includes a walk-in closet, an eat-in kitchen, and a 6-by-8-foot utility room. Appliances are included in both units.
Improvements made within the last 7 years include an architectural-shingle roof, two furnaces, two hot water tanks, vinyl windows, PEX plumbing, new drywall, and maintenance-free siding. The property also has LVT flooring, updated bathrooms, a basement with a sump pump, and a vinyl front porch. A fenced lot measures 0.1028 acres. The property is located in Buffalo, New York.
Improvements made within the last 7 years include an architectural-shingle roof, two furnaces, two hot water tanks, vinyl windows, PEX plumbing, new drywall, and maintenance-free siding. The property also has LVT flooring, updated bathrooms, a basement with a sump pump, and a vinyl front porch. A fenced lot measures 0.1028 acres. The property is located in Buffalo, New York.
Key Highlights
- Two three‑bedroom apartments with appliances included in both units
- Four‑car garage
- 2,228 square feet on a 0.1028‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,362
Cap Rate
8.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$407,240
$407.2K
Cap Rate 7%
$290,886
$290.9K
Cap Rate 9%
$226,244
$226.2K
Market Conditions
NOI Build-Up for 2,228 SF
Gross rent
$38.8K $17.40/SF
− Vacancy
−$1.7K −$0.78/SF
EGI
$37.0K $16.62/SF
− OpEx
−$16.7K −$7.48/SF
NOI
$20.4K $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%
$407,240
Cap Rate 7%
$290,886
Cap Rate 9%
$226,244
Alternative Uses
Best Use
Multifamily LT 5
$315.8K
$276.3K – $368.5K
NOI $22,107 @ 7.0% cap · market cap 9.21%
Second Best
Apartment 5plus
$290.9K
$254.5K – $339.4K
NOI $20,362 @ 7.0% cap · market cap 8.48%
Theoretical Best
Office A
$535.8K
$468.8K – $625.1K
NOI $37,505 @ 7.0% cap · market cap 15.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
628
Businesses Nearby
Explore this area
Business Placement
Demographics for 14215, NY
42,447
Population
19,203
Households
2.2
Avg Household Size
33
Median Age
19%
College-Educated
87%
High-School Grad
4.8 sq mi
ZIP Area
8,843
Density / Sq Mi
$43,326
Median Household Income
$29,204
Median Earnings
$993
Median Rent
$102,800
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two apartments offer separate kitchens, with appliances included in both units.
Where is this duplex located?
The property is located at 367 Warwick Avenue Buffalo, NY.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Two three‑bedroom apartments with appliances included in both units; Four‑car garage; 2,228 square feet on a 0.1028‑acre lot
