8-Bedroom
New
For Sale
$299,000
58 Northrup Place, Buffalo, NY 14214
Residential, Buffalo, NY
Property Size2,744 SF
Lot Size0.07 Acres
Price / SF$108.97
Days on Market3
Property Features for 58 Northrup Place
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
8
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 8, Bedroom 3, Bathroom 1, Bedroom 5, Bedroom 1, Bedroom 4, Bedroom 7, Bedroom 6, Bathroom 2, Basement
Subdivision
City/Buffalo
Lot features
Irregular Lot, Near Public Transit, Residential Lot
Elementary school district
Buffalo
Middle school district
Buffalo
High school district
Buffalo
Standard status
Active
APN
140200-079-630-0001-008-000
Size
2,744 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
2921
Utilities
Heating system
Forced Air, Natural Gas
Water source
Public
Building Details
Year built
1875
Floors in Building
2
Number of units
1
Flooring type
Tile, Hardwood, Varies
Building materials
AluminumSiding, CompositeSiding, VinylSiding
Roof type
Asphalt
Architectural style
Other
Listing Agency:
Keller Williams Realty WNY
(716) 832-3300
Listed By:
Thejan Kodituwakku · License #10401342241
(716) 292-8756
Added: Oct 21
Last Checked: Oct 23 at 7:06PM
MLS# B1723120
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.
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Investment Insights
Based on property information with market context.
This two-unit duplex contains 2,744 square feet and eight bedrooms, divided evenly between the units. Both units have living areas, kitchens, and separate utilities; a full basement provides additional storage. One unit is currently rented, and the other is available for occupancy or leasing. The building was constructed in 1875 on a 0.0722-acre lot.
The property is within walking distance of UB South Campus, transit, shopping, and nightlife. Its eight-bedroom layout and current unit occupancy provide a clear picture of the existing configuration.
The property is within walking distance of UB South Campus, transit, shopping, and nightlife. Its eight-bedroom layout and current unit occupancy provide a clear picture of the existing configuration.
Key Highlights
- Two‑unit duplex with eight bedrooms, four in each unit
- 2,744 square feet on a 0.0722‑acre lot
- One unit is rented; the other is available for occupancy or leasing
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,227
Cap Rate
9.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$544,540
$544.5K
Cap Rate 7%
$388,957
$389.0K
Cap Rate 9%
$302,522
$302.5K
Market Conditions
NOI Build-Up for 2,744 SF
Gross rent
$41.2K $15.00/SF
− Vacancy
−$2.3K −$0.83/SF
EGI
$38.9K $14.17/SF
− OpEx
−$11.7K −$4.25/SF
NOI
$27.2K $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%
$544,540
Cap Rate 7%
$388,957
Cap Rate 9%
$302,522
Alternative Uses
Best Use
Multifamily LT 5
$389.0K
$340.3K – $453.8K
NOI $27,227 @ 7.0% cap · market cap 9.11%
Second Best
Apartment 5plus
$358.3K
$313.5K – $418.0K
NOI $25,078 @ 7.0% cap · market cap 8.39%
Theoretical Best
Office A
$659.9K
$577.4K – $769.9K
NOI $46,191 @ 7.0% cap · market cap 15.45%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,009
Businesses Nearby
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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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - One of the two units is rented, while the other is available for occupancy or leasing.
Where is this duplex located?
The property is located at 58 Northrup Place Buffalo, NY.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Two‑unit duplex with eight bedrooms, four in each unit; 2,744 square feet on a 0.0722‑acre lot; One unit is rented; the other is available for occupancy or leasing
