Charming Duplex in Buffalo,
80 Ellwood Place Buffalo, NY 14225
For Sale
$189,000
Pending
MULTI_FAMILY - Other - Buffalo, NY
Property Size1,428 SF
Lot Size0.19 Acres
Days on Market112
Property Features for 80 Ellwood Place
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Rooms
Bathroom 2, Bedroom 2, Bathroom 1, Basement, Bedroom 4, Bedroom 1, Bedroom 3
Parking features
Open
Patio and Porch features
Porch
Appliances
GasWaterHeater
Standard status
Pending
APN
143089-091-140-0011-013-000
Size
1,428 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Annual Amount
5056
Utilities
Heating system
Natural Gas, Forced Air
Water source
Public
Building Details
Year built
1943
Floors in Building
1
Number of units
2
Flooring type
Vinyl, Varies, Carpet
Building materials
VinylSiding
Roof type
Asphalt
Architectural style
Other
Listing Agency:
Keller Williams Realty WNY
(716) 832-3300
Listed By:
Alison L Burke · License #40BU1122766
(716) 345-5315
Added: Apr 10
Changed: Jul 28
Last Checked: Jul 30 at 1:06AM
MLS# B1672772
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 charming duplex, owned and cared for by the same family for years, is ready for a new owner. Both units are mirror images of each other, featuring a wide front porch. Each unit includes two sizable bedrooms and one bath, with rooms that are roomy and sun-filled. Each unit also has a basement that offers additional storage. The property has been refreshed with paint and new carpet. Situated on a quiet, tree-lined street, this property is an ideal opportunity to live in one unit and rent out the other. The property size is 1428 square feet and the lot size is 0.19 acres.
Key Highlights
- Duplex built in 1943 with two mirror‑image units
- Each unit offers 2 sizable bedrooms and 1 bathroom
- Each unit includes a basement for additional storage
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 | $21.4k | $15.00 |
| − Vacancy | −$1.2k | −$0.83 |
| EGI | $20.2k | $14.17 |
| − OpEx | −$6.1k | −$4.25 |
| NOI | $14.2k | $9.92 |
1,428 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$202.4K
$177.1K – $236.2K
NOI $14,169 @ 7.0% cap · market cap 7.50%
Second Best
Apartment 5plus
$186.4K
$163.1K – $217.5K
NOI $13,051 @ 7.0% cap · market cap 6.91%
Theoretical Best
Office A
$343.4K
$300.5K – $400.6K
NOI $24,038 @ 7.0% cap · market cap 12.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Delightful duplex with refreshed interiors, ideal for owner-occupancy.
Where is this duplex located?
The property is located at 80 Ellwood Place Buffalo, NY.
What is the asking price?
The asking price for this property is $189,000.
What are key features of this property?
This property features: Duplex built in 1943 with two mirror‑image units; Each unit offers 2 sizable bedrooms and 1 bathroom; Each unit includes a basement for additional storage