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Duplex with Attached Two-Car Garage
For Sale
$250,000
Pending

50 Amana Place, Buffalo, NY 14224

Residential, Buffalo, NY

Property Size1,664 SF
Lot Size0.16 Acres
Days on Market98

Property Features for 50 Amana Place

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 3, Basement, Bathroom 1, Bedroom 1
Appliances GasWaterHeater
Subdivision Lower Ebenezer
Lot features Rectangular, Rectangular Lot, Residential Lot
Elementary school district West Seneca
Middle school district West Seneca
High school district West Seneca
Directions Ebenezer to Amana
Standard status Pending
APN 146800-134-200-0007-006-000
Size 1,664 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Annual Amount 5364

Utilities

Heating system Forced Air, Natural Gas
Water source Public

Building Details

Year built 1965
Floors in Building 2
Number of units 2
Flooring type Varies, Laminate, Vinyl, Hardwood, Tile, Carpet
Building materials Brick, Frame
Listing Agency: Keller Williams Realty WNY
Listed By: Timothy E Knop · License #10401239836
Added: Jun 30 Changed: Oct 1 Last Checked: Oct 5 at 10:06PM
MLS# B1690613

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 1,664-square-foot duplex contains two residential units and is currently occupied under month-to-month leases. The property combines brick and frame construction with forced-air, natural-gas heating, public water service, and varied flooring that includes carpet, tile, laminate, vinyl, and hardwood. A partially finished basement adds usable interior space.

The 0.1607-acre lot includes a double-wide driveway for off-street parking and an attached two-car garage for parking or storage. Built in 1965, the property is located on Amana Place in Buffalo, within Erie County. Southgate Plaza, restaurants, shopping, and everyday amenities are described as being minutes away.

Key Highlights

  • Two‑unit duplex with 1,664 square feet of property size
  • Current tenant occupancy with month‑to‑month leases
  • Attached two‑car garage plus double‑wide driveway

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,511
Cap Rate
6.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$330,220 $330.2K
Cap Rate 7%
$235,871 $235.9K
Cap Rate 9%
$183,456 $183.5K
Market Conditions
NOI Build-Up for 1,664 SF
Gross rent
$25.0K $15.00/SF
− Vacancy
−$1.4K −$0.83/SF
EGI
$23.6K $14.17/SF
− OpEx
−$7.1K −$4.25/SF
NOI
$16.5K $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%
$330,220
Cap Rate 7%
$235,871
Cap Rate 9%
$183,456

Alternative Uses

Best Use
Multifamily LT 5
$235.9K
$206.4K – $275.2K (±1% cap)
NOI $16,511 @ 7.0% cap · market cap 6.60%
Second Best
Apartment 5plus
$217.3K
$190.1K – $253.5K (±1% cap)
NOI $15,208 @ 7.0% cap · market cap 6.08%
Theoretical Best
Office A
$400.2K
$350.1K – $466.9K (±1% cap)
NOI $28,011 @ 7.0% cap · market cap 11.20%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store Auto Repair Shop Electrical Service Kitchen & Bath Showroom Restaurant

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

756
Businesses Nearby

Demographics for 14224, NY

40,736
Population
19,286
Households
2.1
Avg Household Size
46
Median Age
33%
College-Educated
95%
High-School Grad
20.2 sq mi
ZIP Area
2,017
Density / Sq Mi
$76,250
Median Household Income
$49,824
Median Earnings
$1,077
Median Rent
$219,800
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 - Tenant-occupied two-unit property with month-to-month leases, off-street parking, and a partially finished basement.
Where is this duplex located?
The property is located at 50 Amana Place Buffalo, NY.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,664 square feet of property size; Current tenant occupancy with month‑to‑month leases; Attached two‑car garage plus double‑wide driveway
More about this property
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