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Side-By-Side Duplex Investment
For Sale
$219,900
Pending

4529 Union Road, Buffalo, NY 14225

MULTI_FAMILY - Other - Buffalo, NY

Property Size1,560 SF
Lot Size0.14 Acres
Days on Market12

Property Features for 4529 Union Road

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 4, Bedroom 3, Bathroom 1, Bedroom 2, Basement, Bathroom 2
Appliances GasWaterHeater
Lot features Rectangular, Rectangular Lot
Elementary school Maryvale Primary
Middle school Maryvale Middle
High school Maryvale High
Elementary school district Maryvale
Middle school district Maryvale
High school district Maryvale
Subdivision Cheektowaga-143089
Standard status Pending
APN 143089-091-080-0009-035-000
Size 1,560 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Annual Amount 5851

Utilities

Heating system Forced Air, Natural Gas
Water source Public

Building Details

Year built 1943
Floors in Building 2
Number of units 2
Flooring type Carpet, Varies, Laminate, Hardwood
Building materials VinylSiding
Roof type Asphalt
Architectural style Other
Listing Agency: Keller Williams Realty Lancaster
Listed By: Christine Dalfonso · License #10401294348
Added: Jul 20 Changed: Jul 29 Last Checked: Jul 31 at 11:06PM
MLS# B1699929

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 side-by-side duplex includes separate utilities and offers a straightforward residential income setup. Reported updates include a new roof in 2022, vinyl replacement windows throughout, new furnaces in 2019, new hot water tanks in 2021, and electrical panels replaced in 2008.

The property is located at 4529 Union Road in Buffalo, NY 14225. The description notes convenient access to amenities and Thruway access, with the rear backing up to Maryvale High School and parking available behind the house.

With approximately 1,560 square feet of total property size on a 0.14-acre lot, this is a duplex option suited to buyers looking for a maintained, separately metered configuration.

Key Highlights

  • Side‑by‑side duplex built in 1943 with public water supply
  • New roof in 2022
  • Vinyl replacement windows throughout

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 $23.4k $15.00
− Vacancy −$1.3k −$0.83
EGI $22.1k $14.17
− OpEx −$6.6k −$4.25
NOI $15.5k $9.92
1,560 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$221.1K
$193.5K – $258.0K (±1% cap)
NOI $15,479 @ 7.0% cap · market cap 7.04%
Second Best
Apartment 5plus
$203.7K
$178.2K – $237.6K (±1% cap)
NOI $14,257 @ 7.0% cap · market cap 6.48%
Theoretical Best
Office A
$375.1K
$328.3K – $437.7K (±1% cap)
NOI $26,260 @ 7.0% cap · market cap 11.94%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Dental Office Electrical Service Skin Care Clinic Bakery

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
Highway access

Location Intelligence

Trade Area within ½ mile

429
Businesses Nearby

Demographics for 14225, NY

34,066
Population
16,253
Households
2.1
Avg Household Size
41
Median Age
29%
College-Educated
93%
High-School Grad
11.5 sq mi
ZIP Area
2,962
Density / Sq Mi
$65,562
Median Household Income
$44,408
Median Earnings
$937
Median Rent
$154,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Side-by-side duplex with separate utilities, updated mechanical systems, and parking behind the property.
Where is this duplex located?
The property is located at 4529 Union Road Buffalo, NY.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: Side‑by‑side duplex built in 1943 with public water supply; New roof in 2022; Vinyl replacement windows throughout
More about this property
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