Renovated Duplex with Separate
For Sale
$249,900
400 Winslow Avenue, Buffalo, NY 14211
Two-level residential income property with updated systems, individual utilities, and substantial attic and basement storage.
Property Size2,504 SF
Days on Market91
Property Features for 400 Winslow Avenue
General Information
Standard status
Active
Size
2,504 SF
Property subtype
Multi Family
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$718
Building Details
Building Size
2,504 SF
Year Built
1900
Buildings
1
Listing Agency:
Keller Williams Realty WNY
Listed By:
Syed J Rizvi · License #10401279412
(716) 946-2700
Source:
Highfallssir
Added: Jul 20
Changed: Oct 15
Last Checked: Oct 16 at 2:46PM
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 Keller Williams Realty WNY
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1900, this duplex contains two separate 3-bedroom residences. Each floor offers a living-dining area, kitchen, and full bathroom, creating a practical layout for rental occupancy or an owner-occupied arrangement. The property also includes a full walk-in attic and basement, adding substantial storage and utility space.
Recent improvements include a newer roof, replacement windows, newer furnaces, and updated electrical service with circuit breakers. Utilities are separately metered, and the building has a solid foundation. Located at 400 Winslow Avenue in Buffalo, NY 14211, the property combines a traditional residential structure with updated core systems and two independently configured living spaces.
Recent improvements include a newer roof, replacement windows, newer furnaces, and updated electrical service with circuit breakers. Utilities are separately metered, and the building has a solid foundation. Located at 400 Winslow Avenue in Buffalo, NY 14211, the property combines a traditional residential structure with updated core systems and two independently configured living spaces.
Key Highlights
- Duplex with two 3‑bedroom residences
- Separate utilities for each unit
- Newer roof, windows, and furnaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,885
Cap Rate
9.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$457,700
$457.7K
Cap Rate 7%
$326,929
$326.9K
Cap Rate 9%
$254,278
$254.3K
Market Conditions
NOI Build-Up for 2,504 SF
Gross rent
$43.6K $17.40/SF
− Vacancy
−$2.0K −$0.78/SF
EGI
$41.6K $16.62/SF
− OpEx
−$18.7K −$7.48/SF
NOI
$22.9K $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%
$457,700
Cap Rate 7%
$326,929
Cap Rate 9%
$254,278
Alternative Uses
Best Use
Multifamily LT 5
$354.9K
$310.6K – $414.1K
NOI $24,846 @ 7.0% cap · market cap 9.94%
Second Best
Apartment 5plus
$326.9K
$286.1K – $381.4K
NOI $22,885 @ 7.0% cap · market cap 9.16%
Theoretical Best
Office A
$602.2K
$526.9K – $702.5K
NOI $42,151 @ 7.0% cap · market cap 16.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
553
Businesses Nearby
Explore this area
Business Placement
Demographics for 14211, NY
26,449
Population
11,498
Households
2.3
Avg Household Size
32
Median Age
15%
College-Educated
84%
High-School Grad
3.9 sq mi
ZIP Area
6,782
Density / Sq Mi
$34,490
Median Household Income
$30,705
Median Earnings
$1,008
Median Rent
$91,600
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
Frequently Asked Questions
What type of property is this?
Duplex - Two-level residential income property with updated systems, individual utilities, and substantial attic and basement storage.
Where is this duplex located?
The property is located at 400 Winslow Avenue Buffalo, NY.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Duplex with two 3‑bedroom residences; Separate utilities for each unit; Newer roof, windows, and furnaces
