Two-Unit Duplex with
For Sale
$339,900
615 Starin Avenue, Buffalo, NY 14216
Separate basements, entrances, and utilities provide independent space for each residence.
Property Size1,792 SF
Price / SF$189.68
Days on Market72
Property Features for 615 Starin Avenue
General Information
Standard status
Active
Size
1,792 SF
Property subtype
Multi Family Home
Site & Location
Neighborhood
Central Park
Additional Details
Multifamily Units
2
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$2,993
Amenities
covered patio
fenced yard
Other
See Remarks
Fully Fenced
Private Yard
Building Details
Building Size
1,792 SF
Year Built
1950
Buildings
1
Stories
2
Units
2
Listing Agency:
WNYbyOwner.com
Listed By:
Robyn Sansone · License #10491209960
(716) 523-8508
Source:
Franzese-realestate
Added: Aug 18
Changed: Oct 26
Last Checked: Oct 26 at 4:01AM
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 WNYbyOwner.com
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Investment Insights
Based on property information with market context.
This 1,792-square-foot duplex, built in 1950, contains two townhouse-style residences. Each unit has two bedrooms and one full bathroom on the upper floor, with a living room and kitchen/dining area below. Refinished hardwood floors, individual basement space, separate entrances, and separate utilities serve the units. A two-and-one-half-car garage, covered rear patio, and fenced yard are also on the property. Both residences received new furnaces in December 2025, each with a 20-year warranty.
One unit is vacant and available for occupancy; the second is leased through August 2026. The property is on Starin Avenue in Buffalo, a short distance from Hertel Avenue’s commercial district and near Kenmore Avenue and Niagara Falls Boulevard. Delaware Park, the Buffalo Zoo, and the AKG Art Museum are also identified as nearby destinations.
One unit is vacant and available for occupancy; the second is leased through August 2026. The property is on Starin Avenue in Buffalo, a short distance from Hertel Avenue’s commercial district and near Kenmore Avenue and Niagara Falls Boulevard. Delaware Park, the Buffalo Zoo, and the AKG Art Museum are also identified as nearby destinations.
Key Highlights
- Two residences, each with 2 bedrooms and 1 full bathroom
- 1,792 square feet; built in 1950
- Two‑and‑one‑half‑car garage, covered rear patio, and fenced yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,781
Cap Rate
5.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$355,620
$355.6K
Cap Rate 7%
$254,014
$254.0K
Cap Rate 9%
$197,567
$197.6K
Market Conditions
NOI Build-Up for 1,792 SF
Gross rent
$26.9K $15.00/SF
− Vacancy
−$1.5K −$0.83/SF
EGI
$25.4K $14.17/SF
− OpEx
−$7.6K −$4.25/SF
NOI
$17.8K $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%
$355,620
Cap Rate 7%
$254,014
Cap Rate 9%
$197,567
Alternative Uses
Best Use
Multifamily LT 5
$254.0K
$222.3K – $296.4K
NOI $17,781 @ 7.0% cap · market cap 5.23%
Second Best
Apartment 5plus
$234.0K
$204.7K – $273.0K
NOI $16,378 @ 7.0% cap · market cap 4.82%
Theoretical Best
Office A
$430.9K
$377.1K – $502.8K
NOI $30,166 @ 7.0% cap · market cap 8.87%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
397
Businesses Nearby
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Business Placement
Demographics for 14216, NY
22,979
Population
12,773
Households
1.8
Avg Household Size
37
Median Age
54%
College-Educated
94%
High-School Grad
2.8 sq mi
ZIP Area
8,207
Density / Sq Mi
$70,260
Median Household Income
$47,823
Median Earnings
$1,152
Median Rent
$260,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate basements, entrances, and utilities provide independent space for each residence.
Where is this duplex located?
The property is located at 615 Starin Avenue Buffalo, NY.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 full bathroom; 1,792 square feet; built in 1950; Two‑and‑one‑half‑car garage, covered rear patio, and fenced yard
