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Updated Duplex with Private Yard
For Sale
$199,000

47 Maple Street, Buffalo, NY 14218

Residential, Buffalo, NY

Property Size1,932 SF
Lot Size0.08 Acres
Price / SF$103
Days on Market103

Property Features for 47 Maple Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 5, Bedroom 1, Basement, Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 6
Parking features Driveway, On Street
Patio and Porch features Porch
Exterior features Fence, PrivateYard
Fencing Fenced
Appliances GasWaterHeater
Subdivision Buffalo Crk Reservation
Lot features Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Elementary school district Lackawanna
Middle school district Lackawanna
High school district Lackawanna
Standard status Active
APN 140900-142-230-0001-020-000
Size 1,932 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Annual Amount 5422

Utilities

Heating system Natural Gas, Forced Air
Water source Public

Amenities

front porch
private backyard
separate washer & dryer hook-ups

Building Details

Year built 1922
Floors in Building 2
Number of units 2
Flooring type Varies, Hardwood, Vinyl
Building materials Frame
Roof type Asphalt
Listing Agency: MJ Peterson Real Estate Inc.
Listed By: Lisa Simme · License #10401293657
Added: Jun 25 Changed: Sep 12 Last Checked: Oct 5 at 4:06PM
MLS# B1693829

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 1,932-square-foot duplex, built in 1922, contains two residential units with matching layouts. Each unit includes three bedrooms, one bathroom, a kitchen, living room, and formal dining area. Separate utility service and dedicated washer-and-dryer hookups are located in the basement. The upper unit has been recently updated, and the property has a three-year-old asphalt roof.

Set on 0.0837 acres at 47 Maple Street in Buffalo, the property includes a front porch, fenced private yard, driveway, and on-street parking. Avery Playground, with basketball and baseball facilities, is directly across the street, while the Buffalo Botanical Gardens, restaurants, and shops are within walking distance. Frame construction, hardwood and vinyl flooring, natural-gas forced-air heat, and public water complete the property profile.

Key Highlights

  • Two‑unit duplex with 3 bedrooms and 1 bathroom per unit
  • 1,932 square feet on a 0.0837‑acre lot
  • Separate utilities and basement washer‑and‑dryer hookups for each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,657
Cap Rate
8.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$353,140 $353.1K
Cap Rate 7%
$252,243 $252.2K
Cap Rate 9%
$196,189 $196.2K
Market Conditions
NOI Build-Up for 1,932 SF
Gross rent
$33.6K $17.40/SF
− Vacancy
−$1.5K −$0.78/SF
EGI
$32.1K $16.62/SF
− OpEx
−$14.4K −$7.48/SF
NOI
$17.7K $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%
$353,140
Cap Rate 7%
$252,243
Cap Rate 9%
$196,189

Alternative Uses

Best Use
Multifamily LT 5
$273.9K
$239.6K – $319.5K (±1% cap)
NOI $19,170 @ 7.0% cap · market cap 9.63%
Second Best
Apartment 5plus
$252.2K
$220.7K – $294.3K (±1% cap)
NOI $17,657 @ 7.0% cap · market cap 8.87%
Theoretical Best
Office A
$464.6K
$406.5K – $542.1K (±1% cap)
NOI $32,523 @ 7.0% cap · market cap 16.34%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Skin Care Clinic Gym & Fitness Center Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

473
Businesses Nearby

Demographics for 14218, NY

20,878
Population
9,478
Households
2.2
Avg Household Size
38
Median Age
21%
College-Educated
88%
High-School Grad
8.1 sq mi
ZIP Area
2,578
Density / Sq Mi
$50,484
Median Household Income
$36,457
Median Earnings
$829
Median Rent
$135,000
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two three-bedroom units offer separate utilities, formal dining areas, and individual basement laundry hookups.
Where is this duplex located?
The property is located at 47 Maple Street Buffalo, NY.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Two‑unit duplex with 3 bedrooms and 1 bathroom per unit; 1,932 square feet on a 0.0837‑acre lot; Separate utilities and basement washer‑and‑dryer hookups for each unit
More about this property
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