1922 Duplex with Private Fenced
422 Colvin Avenue Buffalo, NY 14216
New
422 Colvin Avenue, Buffalo, NY, 14216
$399,900
For Sale
$399,900
MULTI_FAMILY - Buffalo, NY
Property Size2,938 SF
Lot Size0.12 Acres
Price / SF$136.11
Days on Market2
Property Features for 422 Colvin Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 3, Basement, Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 6, Bathroom 2, Bathroom 1, Bedroom 2
- Patio and Porch features
- Porch
- Exterior features
- Balcony, FullyFenced
- Fencing
- Fenced
- Appliances
- GasWaterHeater
- Standard status
- Active
- APN
- 140200-078-570-0001-003-000
- Size
- 2,938 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3739
Utilities
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1922
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Varies, Hardwood, Vinyl, Tile
- Building materials
- AtticCrawlHatchwaysInsulated, Frame
Listing Agency
WNY Metro Roberts Realty
(716) 662-0449
4124 N Buffalo St, cheektowaga, NY
Listed by
Alicia Wittman · License #10301219240
(716) 239-9001
Added: Jul 17 Checked: Jul 18 at 1:06 am
MLS# B1694357
Listing URL
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.
Built in 1922, this duplex is configured as two mirrored 3-bedroom apartments. The main level features a bright living and dining combination, original hardwood floors, and a kitchen with ceramic tile flooring, extensive prep space, a built-in dishwasher, and butcher block countertops. The main bathroom includes ceramic tile and a newer vanity. The upper unit offers a similar 3-bedroom layout, plus a private outdoor upper balcony and direct bonus access to the attic.
A substantial capital improvement was completed in 2020, including a full tear-off roof replacement. Additional updates include separate electrical services for each unit, convenient dedicated laundry hookups, and a newer concrete driveway pad with two new garage doors for a detached garage. Outside, the property includes a massive, L-shaped, fully fenced private backyard.
The downstairs unit will not be available for any showings without a purchase contract. For area convenience, the property is reported with a Walk Score of 97/100.
A substantial capital improvement was completed in 2020, including a full tear-off roof replacement. Additional updates include separate electrical services for each unit, convenient dedicated laundry hookups, and a newer concrete driveway pad with two new garage doors for a detached garage. Outside, the property includes a massive, L-shaped, fully fenced private backyard.
The downstairs unit will not be available for any showings without a purchase contract. For area convenience, the property is reported with a Walk Score of 97/100.
Key Highlights
- 1922 duplex on a 35' x 150' deep lot with two mirrored 3‑bedroom units.
- Upper unit includes a private outdoor balcony and direct bonus access to the attic.
- L‑shaped, fully fenced private backyard with a porch.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $44.1k | $15.00 |
| − Vacancy | −$2.4k | −$0.83 |
| EGI | $41.6k | $14.17 |
| − OpEx | −$12.5k | −$4.25 |
| NOI | $29.2k | $9.92 |
2,938 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$416.5K
$364.4K – $485.9K
NOI $29,152 @ 7.0% cap · market cap 7.29%
Second Best
Apartment 5plus
$383.6K
$335.6K – $447.5K
NOI $26,851 @ 7.0% cap · market cap 6.71%
Theoretical Best
Office A
$706.5K
$618.2K – $824.3K
NOI $49,457 @ 7.0% cap · market cap 12.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex offering two mirrored 3-bedroom units, updated systems, and a fenced private backyard with 2020 roof replacement.
Where is this duplex located?
The property is located at 422 Colvin Avenue Buffalo, NY.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 1922 duplex on a 35' x 150' deep lot with two mirrored 3‑bedroom units.; Upper unit includes a private outdoor balcony and direct bonus access to the attic.; L‑shaped, fully fenced private backyard with a porch.
