Duplex with Detached
For Sale
$549,900
Pending
472 Woodward Avenue, Buffalo, NY 14214
Residential, Buffalo, NY
Property Size3,386 SF
Lot Size0.18 Acres
Days on Market51
Property Features for 472 Woodward Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Basement, Bedroom 5, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 2
Patio and Porch features
Porch
Interior features
Attic
Exterior features
Balcony, EnclosedPorch, Porch
Accessibility
Accessible Elevator Installed
Appliances
GasWaterHeater
Lot features
Irregular Lot, Residential Lot
Elementary school district
Buffalo
Middle school district
Buffalo
High school district
Buffalo
Directions
Parkside to Amherst to Woodward
Subdivision
Buffalo City-140200
Standard status
Pending
APN
140200-089-260-0002-011-000
Size
3,386 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Annual Amount
5453
Utilities
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Amenities
open porch
fireplace
hardwood floors
natural woodwork
in-unit laundry
generator
Building Details
Year built
1900
Floors in Building
2
Number of units
2
Flooring type
Varies, Hardwood, Tile, Vinyl
Building materials
WoodSiding
Roof type
Asphalt
Listing Agency:
MJ Peterson Real Estate Inc.
(716) 819-4200
Listed By:
Christopher A Lavey · License #30LA0909869
(716) 480-9507
Added: Aug 26
Changed: Sep 12
Last Checked: Oct 15 at 3:06AM
MLS# B1709757
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 two-story duplex, built in 1900, contains 3,386 square feet on a 0.1816-acre lot. The lower unit includes two bedrooms, an open living area with fireplace, a dining room, hardwood floors, natural woodwork, in-unit laundry, and an enclosed elevator lift for accessibility. A generator is also installed. The property includes front and rear porches, a balcony, an attic, a basement, and a 2.5-car garage.
Interior finishes include hardwood, tile, vinyl, and varied flooring. The building has wood siding, an asphalt roof, forced-air natural gas heat, central air, a gas water heater, and public water service. Located in Buffalo near St. Mark's, Delaware Park, and the Buffalo Zoo.
Interior finishes include hardwood, tile, vinyl, and varied flooring. The building has wood siding, an asphalt roof, forced-air natural gas heat, central air, a gas water heater, and public water service. Located in Buffalo near St. Mark's, Delaware Park, and the Buffalo Zoo.
Key Highlights
- 3,386‑square‑foot duplex on a 0.1816‑acre lot
- Built in 1900 with two‑story configuration
- Lower unit includes 2 bedrooms, fireplace, dining room, and in‑unit laundry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,598
Cap Rate
6.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$671,960
$672.0K
Cap Rate 7%
$479,971
$480.0K
Cap Rate 9%
$373,311
$373.3K
Market Conditions
NOI Build-Up for 3,386 SF
Gross rent
$50.8K $15.00/SF
− Vacancy
−$2.8K −$0.83/SF
EGI
$48.0K $14.17/SF
− OpEx
−$14.4K −$4.25/SF
NOI
$33.6K $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%
$671,960
Cap Rate 7%
$479,971
Cap Rate 9%
$373,311
Alternative Uses
Best Use
Multifamily LT 5
$480.0K
$420.0K – $560.0K
NOI $33,598 @ 7.0% cap · market cap 6.11%
Second Best
Apartment 5plus
$442.1K
$386.8K – $515.8K
NOI $30,946 @ 7.0% cap · market cap 5.63%
Theoretical Best
Office A
$814.3K
$712.5K – $950.0K
NOI $56,999 @ 7.0% cap · market cap 10.37%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,088
Businesses Nearby
Explore this area
Business Placement
Demographics for 14214, NY
20,732
Population
9,280
Households
2.2
Avg Household Size
32
Median Age
46%
College-Educated
90%
High-School Grad
3.3 sq mi
ZIP Area
6,282
Density / Sq Mi
$56,573
Median Household Income
$29,928
Median Earnings
$1,072
Median Rent
$234,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-story duplex with porches, a 2.5-car garage, and an accessible elevator lift.
Where is this duplex located?
The property is located at 472 Woodward Avenue Buffalo, NY.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: 3,386‑square‑foot duplex on a 0.1816‑acre lot; Built in 1900 with two‑story configuration; Lower unit includes 2 bedrooms, fireplace, dining room, and in‑unit laundry
