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51 Delwood Road, Buffalo, NY, 14217
Kenmore Double with Separate Utilities

51 Delwood Road Buffalo, NY 14217

New
For Sale
$239,900

MULTI_FAMILY - Other - Buffalo, NY

Property Size1,732 SF
Lot Size0.11 Acres
Price / SF$138.51
Days on Market6

Property Features for 51 Delwood Road

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Rooms Bedroom 3, Bedroom 2, Bedroom 4, Bathroom 2, Basement, Bathroom 1, Bedroom 1
Parking features Garage
Exterior features Balcony
Appliances GasWaterHeater
Standard status Active
APN 146401-066-710-0001-012-000
Size 1,732 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Annual Amount 4435

Utilities

Heating system Forced Air, Natural Gas
Water source Public

Building Details

Year built 1940
Floors in Building 1
Number of units 2
Flooring type Varies, Carpet, Hardwood, Laminate
Building materials Stucco
Roof type Shingle, Asphalt
Architectural style Other
Listing Agency: Buffalo Home Sellers LLC
Listed By: Brandi Bashor · License #10301221794
Added: Jul 25 Changed: Jul 28 Last Checked: Jul 30 at 3:06AM
MLS# B1701322

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 turnkey duplex features separate utilities and independent mechanical systems, along with a solid basement that includes separate laundry hookups for each unit. The lower unit offers a layout that lives like a single-family home, including a front porch, living space with a formal dining room, an open-concept kitchen with updated appliances conveying as-is, and a walk-in pantry. The lower level also includes 2 or 3 first-floor bedrooms with dedicated closet space, a built-in hallway linen pantry, and a clean updated full bathroom.

The upper unit is a bright 1-bedroom, 1-bathroom apartment with a private back deck. Outside, the property includes a 1.5-car garage and additional green space. The address is 51 Delwood Road in Buffalo (14217), and the home is described as being on a quiet street near Delaware Avenue dining, shopping, and parks in the Village of Kenmore.

Showings begin Thursday, July 30 at the open house from 5:00 PM to 7:00 PM, with 24-hour notice required for the upper unit because it is tenant-occupied. Offers will begin to be reviewed Tuesday, August 4 at 1:00 PM.

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 $26.0k $15.00
− Vacancy −$1.4k −$0.83
EGI $24.6k $14.17
− OpEx −$7.4k −$4.25
NOI $17.2k $9.92
1,732 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$245.5K
$214.8K – $286.4K (±1% cap)
NOI $17,186 @ 7.0% cap · market cap 7.16%
Second Best
Apartment 5plus
$226.1K
$197.9K – $263.8K (±1% cap)
NOI $15,829 @ 7.0% cap · market cap 6.60%
Theoretical Best
Office A
$416.5K
$364.5K – $485.9K (±1% cap)
NOI $29,156 @ 7.0% cap · market cap 12.15%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm Daycare Center Electrical Service (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Duplex - Duplex with separate utilities, independent laundry hookups, and a 1.5-car garage, featuring a lower multi-bedroom unit and an upper 1-bedroom.
Where is this duplex located?
The property is located at 51 Delwood Road Buffalo, NY.
What is the asking price?
The asking price for this property is $239,900.
More about this property
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