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Historic Two-Unit Duplex
For Sale
$175,000
Pending

553 South Park Avenue, Buffalo, NY 14204

Commercially zoned duplex with storefront-style spaces, garages, workshops, and finished additional rooms.

Property Size3,566 SF
Days on Market140

Property Features for 553 South Park Avenue

General Information

Standard status Pending
Size 3,566 SF
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $2,469

Building Details

Building Size 3,566 SF
Year Built 1900
Listing Agency: MJ Peterson Real Estate Inc.
Listed By: James J Conley · License #10301223914
Source: Highfallssir
Added: Jun 3 Changed: Oct 13 Last Checked: Oct 19 at 12:46PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MJ Peterson Real Estate Inc.

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Investment Insights

Based on property information with market context.

This two-unit duplex at 553 S Park Avenue includes two three-bedroom apartments, each with formal living and dining rooms and a full bath. Original interior elements include pocket doors, quarter-sawn oak millwork, fireplace surrounds, and 10-foot ceilings on the first floor. The lower unit has maple cabinetry and appliances, while the upper residence includes a butler’s pantry, clawfoot tub, fireplaces, and a private second-story deck.

Two storefront-style areas face the front of the building and can support office, studio, workshop, storage, hobby, or commercial applications. A finished third floor adds rooms and bonus space. The property also includes an attached garage/workshop, a detached 3-car garage with brick flooring, and a basement with workbenches and additional workshop and storage areas. Commercial zoning is in place. The property is minutes from Canalside, downtown Buffalo, waterfront attractions, restaurants, and First Ward redevelopment activity.

Key Highlights

  • Two‑unit duplex with 3‑bedroom apartments
  • Commercial zoning with two storefront‑style front spaces
  • Over 4,000 square feet with a finished third floor

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Pharmacy Real Estate Agency Skin Care Clinic Dental Office (Bike/Boat/Book/etc) Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

816
Businesses Nearby

Demographics for 14204, NY

9,026
Population
5,514
Households
1.6
Avg Household Size
40
Median Age
16%
College-Educated
82%
High-School Grad
1.8 sq mi
ZIP Area
5,014
Density / Sq Mi
$26,000
Median Household Income
$31,707
Median Earnings
$814
Median Rent
$151,700
Median Home Value
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Commercially zoned duplex with storefront-style spaces, garages, workshops, and finished additional rooms.
Where is this duplex located?
The property is located at 553 South Park Avenue Buffalo, NY.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Two‑unit duplex with 3‑bedroom apartments; Commercial zoning with two storefront‑style front spaces; Over 4,000 square feet with a finished third floor
More about this property
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