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Duplex with 4-Car Garage
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
Listed By: Nicole Totaro · License #10401351881
Added: Oct 8 Changed: Oct 9 Last Checked: Oct 10 at 9:06AM
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.

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 (±1% cap)
NOI $22,107 @ 7.0% cap · market cap 9.21%
Second Best
Apartment 5plus
$290.9K
$254.5K – $339.4K (±1% cap)
NOI $20,362 @ 7.0% cap · market cap 8.48%
Theoretical Best
Office A
$535.8K
$468.8K – $625.1K (±1% cap)
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

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Kitchen & Bath Showroom Skin Care Clinic Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

628
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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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
More about this property
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