Full-Brick Duplex with Detached
For Sale
$364,900
Pending
71 E Morris Avenue, Buffalo, NY 14214
Residential, Buffalo, NY
Property Size2,590 SF
Lot Size0.10 Acres
Days on Market419
Property Features for 71 E Morris Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 2, Bathroom 2, Basement, Bedroom 1, Bedroom 3, Bedroom 4
Appliances
GasWaterHeater
Lot features
Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Elementary school district
Buffalo
Middle school district
Buffalo
High school district
Buffalo
Subdivision
Buffalo City-140200
Standard status
Pending
APN
140200-090-210-0006-007-000
Size
2,590 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Annual Amount
2681
Utilities
Heating system
Natural Gas, Forced Air
Water source
Public
Building Details
Year built
1929
Floors in Building
2
Number of units
2
Flooring type
Varies, Hardwood
Building materials
Brick
Listing Agency:
Keller Williams Realty WNY
(716) 832-3300
Listed By:
Syed J Rizvi · License #10401279412
(716) 946-2700
Added: Aug 25, 2025
Changed: Oct 16
Last Checked: Oct 17 at 10:06PM
MLS# B1633098
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.
Built in 1929, this full-brick duplex contains 2590 square feet with two residential units and separate utilities. Interior details include hardwood flooring, natural woodwork, fireplaces with adjoining bookshelves, arched doorways, and leaded-glass windows. The lower unit features an updated open-concept kitchen, while a full walk-up attic provides additional space and a cedar closet.
The property includes a dry basement, a wide driveway, and a detached two-car garage. Public water, natural-gas forced-air heat, and updated utilities serve the building. It is located off Main St. near the UB and Canisius campuses in Buffalo.
The property includes a dry basement, a wide driveway, and a detached two-car garage. Public water, natural-gas forced-air heat, and updated utilities serve the building. It is located off Main St. near the UB and Canisius campuses in Buffalo.
Key Highlights
- Full‑brick duplex built in 1929
- 2590 square feet on a 0.101‑acre lot
- Separate utilities for both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,699
Cap Rate
7.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$513,980
$514.0K
Cap Rate 7%
$367,129
$367.1K
Cap Rate 9%
$285,544
$285.5K
Market Conditions
NOI Build-Up for 2,590 SF
Gross rent
$38.9K $15.00/SF
− Vacancy
−$2.1K −$0.83/SF
EGI
$36.7K $14.17/SF
− OpEx
−$11.0K −$4.25/SF
NOI
$25.7K $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%
$513,980
Cap Rate 7%
$367,129
Cap Rate 9%
$285,544
Alternative Uses
Best Use
Multifamily LT 5
$367.1K
$321.2K – $428.3K
NOI $25,699 @ 7.0% cap · market cap 7.04%
Second Best
Apartment 5plus
$338.2K
$295.9K – $394.5K
NOI $23,671 @ 7.0% cap · market cap 6.49%
Theoretical Best
Office A
$622.8K
$545.0K – $726.7K
NOI $43,599 @ 7.0% cap · market cap 11.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
929
Businesses Nearby
Explore this area
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 - Two-unit property with separate utilities, hardwood floors, and an updated kitchen in the lower unit.
Where is this duplex located?
The property is located at 71 E Morris Avenue Buffalo, NY.
What is the asking price?
The asking price for this property is $364,900.
What are key features of this property?
This property features: Full‑brick duplex built in 1929; 2590 square feet on a 0.101‑acre lot; Separate utilities for both units
