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Two-Unit Duplex Requiring Renovation
New
For Sale
$69,000

389 Hopkins Street, Buffalo, NY 14220

Both residences have two bedrooms and one bathroom, with substantial renovation work remaining.

Property Size1,737 SF
Days on Market7

Property Features for 389 Hopkins Street

General Information

Standard status Active
Size 1,737 SF
Property subtype Multi Family

Property Condition

Severity Major Repairs Needed
Evidence will require extensive renovations

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $705

Amenities

large yard

Building Details

Building Size 1,737 SF
Year Built 1900
Listing Agency: Realty ONE Group Empower
Listed By: Ahmad F Yousufzai · License #10401380171
Source: Highfallssir
Added: Sep 29 Changed: Oct 3 Last Checked: Oct 4 at 4:51PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty ONE Group Empower

Investment Insights

Based on property information with market context.

This two-family property contains two residences, each configured with two bedrooms and one bathroom. The upper unit has been stripped, and the building needs extensive renovation. Work already completed includes roof and siding replacement, newly poured basement concrete, and installation of some vinyl flooring. Insulation foam is on site for installation. The property also includes a large yard and dates to 1900.

Key Highlights

  • Two residences, each with 2 bedrooms and 1 bathroom
  • Upper unit is gutted; extensive renovation is needed
  • New roof and siding, newly poured basement concrete, and some new vinyl flooring

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Nail Salon Skin Care Clinic

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

Location Intelligence

Trade Area within ½ mile

378
Businesses Nearby

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
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 - Both residences have two bedrooms and one bathroom, with substantial renovation work remaining.
Where is this duplex located?
The property is located at 389 Hopkins Street Buffalo, NY.
What is the asking price?
The asking price for this property is $69,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; Upper unit is gutted; extensive renovation is needed; New roof and siding, newly poured basement concrete, and some new vinyl flooring
More about this property
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