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Brick Duplex with Two-Car Garage
For Sale
$274,900

43 Hawthorne Avenue, Kenmore, NY 14223

Residential, Kenmore, NY

Property Size2,464 SF
Lot Size0.10 Acres
Price / SF$111.57
Days on Market145

Property Features for 43 Hawthorne Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 1, Bedroom 3, Bedroom 4
Parking features Garage, Open
Exterior features Fence
Fencing Fenced
Appliances GasWaterHeater
Lot features Rectangular, Rectangular Lot, Residential Lot
Elementary school district Kenmore-Tonawanda Union Free District
Middle school district Kenmore-Tonawanda Union Free District
High school district Kenmore-Tonawanda Union Free District
Directions Take Kenmore to Hawthorne or Niagara Falls Blvd to Kenilworth Ave. to Hawthorne Ave.
Subdivision Tonawanda-Town-146489
Standard status Active
APN 146489-079-310-0001-024-000
Size 2,464 SF
Lot size 0.10 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Annual Amount 6789

Utilities

Heating system Hot Water(Heating), Steam, Electric (Heating)
Water source Public

Building Details

Year built 1933
Floors in Building 2
Number of units 2
Flooring type Tile, Carpet, Hardwood, Vinyl, Varies
Building materials Brick
Roof type Asphalt
Listing Agency: WNY Metro Roberts Realty
Listed By: Hope Young-Watkins · License #10301214009
Added: Jun 8 Changed: Oct 30 Last Checked: Oct 30 at 8:06PM
MLS# B1688890

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.

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Investment Insights

Based on property information with market context.

Built in 1933, this 2,464-square-foot duplex contains two residential units within an all-brick structure. The first-floor apartment is occupied and has two bedrooms, while the upper apartment is vacant and also includes two bedrooms. Interior flooring includes hardwood, carpet, tile, and vinyl, with a full basement providing additional space. The property also includes a private driveway, two-car garage, open parking, fencing, and public water service.

The 0.1017-acre property is located near Niagara Falls Boulevard and Kenmore Avenue in Kenmore, with shopping, dining, schools, and major transportation routes in the surrounding area. Property updates include an asphalt tear-off roof completed in 2014, electrical service panels updated in 2010, two steam boilers within 10 years, and a new garage door completed in May 2026.

Key Highlights

  • 2,464‑square‑foot duplex on a 0.1017‑acre lot
  • Both units offer 2 bedrooms; first‑floor unit is occupied and upper unit is vacant
  • All‑brick construction with a full basement and varied interior flooring

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,449
Cap Rate
8.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$488,980 $489.0K
Cap Rate 7%
$349,271 $349.3K
Cap Rate 9%
$271,656 $271.7K
Market Conditions
NOI Build-Up for 2,464 SF
Gross rent
$37.0K $15.00/SF
− Vacancy
−$2.0K −$0.83/SF
EGI
$34.9K $14.17/SF
− OpEx
−$10.5K −$4.25/SF
NOI
$24.4K $9.92/SF
Area
Buffalo, NY
Vacancy
5.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$488,980
Cap Rate 7%
$349,271
Cap Rate 9%
$271,656

Alternative Uses

Best Use
Multifamily LT 5
$349.3K
$305.6K – $407.5K (±1% cap)
NOI $24,449 @ 7.0% cap · market cap 8.89%
Second Best
Apartment 5plus
$321.7K
$281.5K – $375.3K (±1% cap)
NOI $22,519 @ 7.0% cap · market cap 8.19%
Theoretical Best
Office A
$592.5K
$518.5K – $691.3K (±1% cap)
NOI $41,478 @ 7.0% cap · market cap 15.09%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
50%
Occupancy

Location Intelligence

Trade Area within ½ mile

285
Businesses Nearby

Demographics for 14223, NY

22,658
Population
10,586
Households
2.1
Avg Household Size
41
Median Age
44%
College-Educated
97%
High-School Grad
3.5 sq mi
ZIP Area
6,474
Density / Sq Mi
$83,528
Median Household Income
$49,835
Median Earnings
$976
Median Rent
$202,200
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

Frequently Asked Questions

What type of property is this?
Duplex - All-brick two-unit property with a private driveway, basement, and fenced yard.
Where is this duplex located?
The property is located at 43 Hawthorne Avenue Kenmore, NY.
What is the asking price?
The asking price for this property is $274,900.
What are key features of this property?
This property features: 2,464‑square‑foot duplex on a 0.1017‑acre lot; Both units offer 2 bedrooms; first‑floor unit is occupied and upper unit is vacant; All‑brick construction with a full basement and varied interior flooring
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