Two-Unit Duplex with Two-Car
46 Alexander Avenue, Buffalo, NY 14211
For Sale
New
$249,900
Residential, Buffalo, NY
Property Size2,244 SF
Lot Size0.08 Acres
Price / SF$111.36
Days on Market1
Property Features for 46 Alexander Avenue
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Patio and Porch features
Interior features
Exterior features
Fencing
Appliances
Lot features
Elementary school district
Middle school district
High school district
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Individually Metered Utilities
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Cooling system
Water source
Amenities
central air conditioning
hardwood floors
natural woodwork
covered front porch
front porch
partially finished attic
basement
updated landscaping
partially fenced private backyard
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Architectural style
Additional Structures
Buildings
Listing Agency:
WNY Metro Roberts Realty
(716) 875-2211
Listed By:
Emmanuel Williams · License NY #10301217766
(716) 430-2091
Added: Nov 9
Last Checked: Nov 9 at 9:06PM
MLS# B1726711
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.
This 2,244-square-foot duplex, built in 1927, contains two apartments with two bedrooms each. Hardwood flooring and natural woodwork add character, while central air conditioning and separate utilities serve both units. The upper apartment also connects to a partially finished attic; each residence has a front porch. A full basement, two-car garage, and partially fenced backyard round out the property.
The 0.08-acre parcel includes a blacktop driveway resurfaced in 2025. Both apartments are occupied on a month-to-month basis.
The 0.08-acre parcel includes a blacktop driveway resurfaced in 2025. Both apartments are occupied on a month-to-month basis.
Key Highlights
- Two apartments, each with 2 bedrooms
- 2,244 square feet on a 0.08‑acre lot
- Separate utilities and central air conditioning in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,266
Cap Rate
8.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$445,320
$445.3K
Cap Rate 7%
$318,086
$318.1K
Cap Rate 9%
$247,400
$247.4K
Market Conditions
NOI Build-Up for 2,244 SF
Gross rent
$33.7K $15.00/SF
− Vacancy
−$1.9K −$0.83/SF
EGI
$31.8K $14.17/SF
− OpEx
−$9.5K −$4.25/SF
NOI
$22.3K $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%
$445,320
Cap Rate 7%
$318,086
Cap Rate 9%
$247,400
Alternative Uses
Best Use
Multifamily LT 5
$318.1K
$278.3K – $371.1K
NOI $22,266 @ 7.0% cap · market cap 8.91%
Second Best
Apartment 5plus
$293.0K
$256.4K – $341.8K
NOI $20,509 @ 7.0% cap · market cap 8.21%
Theoretical Best
Office A
$539.6K
$472.2K – $629.6K
NOI $37,775 @ 7.0% cap · market cap 15.12%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
493
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
$91,600
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Buffalo, NY
Properties on Market for Duplexes in Buffalo
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences include two bedrooms, central air conditioning, and separate utility service.
Where is this duplex located?
The property is located at 46 Alexander 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: Two apartments, each with 2 bedrooms; 2,244 square feet on a 0.08‑acre lot; Separate utilities and central air conditioning in both units
