Duplex with Upper-Unit
New
For Sale
$299,000
881 Walden Avenue, Buffalo, NY 14211
Residential, Buffalo, NY
Property Size2,570 SF
Lot Size0.13 Acres
Price / SF$116.34
Days on Market3
Property Features for 881 Walden Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 6, Bedroom 4, Bathroom 2, Bedroom 1, Bedroom 5, Bedroom 3, Basement, Bathroom 1
Interior features
Attic
Appliances
ElectricWaterHeater, GasWaterHeater
Lot features
Near Public Transit, Rectangular, Rectangular Lot
Elementary school district
Buffalo
Middle school district
Buffalo
High school district
Buffalo
Subdivision
Buffalo City-140200
Standard status
Active
APN
140200-101-660-0002-027-000
Size
2,570 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Annual Amount
1825
Utilities
Heating system
Electric (Heating), Natural Gas, Forced Air
Water source
Public
Amenities
private balcony
Building Details
Year built
1918
Floors in Building
2
Number of units
2
Flooring type
Varies, Hardwood
Building materials
Brick, Frame, Stone
Listing Agency:
Keller Williams Realty WNY
(716) 832-3300
Listed By:
Md Nabi Islam · License #10401400344
(646) 410-6786
Added: Oct 18
Changed: Oct 19
Last Checked: Oct 20 at 12:06AM
MLS# B1723199
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 2,570-square-foot duplex contains two residences, each with three bedrooms, a full kitchen, living and dining areas, and one full bathroom. The upper residence also has a private balcony. The property was built in 1918 and sits on a 0.1274-acre lot.
Shopping, schools, local services, and public transportation are identified among the nearby conveniences. The building’s listed construction materials include brick, frame, and stone.
Shopping, schools, local services, and public transportation are identified among the nearby conveniences. The building’s listed construction materials include brick, frame, and stone.
Key Highlights
- Two residential units, each with three bedrooms and one full bathroom
- 2,570 square feet of building area on a 0.1274‑acre lot
- Upper residence includes a private balcony
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,501
Cap Rate
8.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$510,020
$510.0K
Cap Rate 7%
$364,300
$364.3K
Cap Rate 9%
$283,344
$283.3K
Market Conditions
NOI Build-Up for 2,570 SF
Gross rent
$38.6K $15.00/SF
− Vacancy
−$2.1K −$0.83/SF
EGI
$36.4K $14.17/SF
− OpEx
−$10.9K −$4.25/SF
NOI
$25.5K $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%
$510,020
Cap Rate 7%
$364,300
Cap Rate 9%
$283,344
Alternative Uses
Best Use
Multifamily LT 5
$364.3K
$318.8K – $425.0K
NOI $25,501 @ 7.0% cap · market cap 8.53%
Second Best
Apartment 5plus
$335.5K
$293.6K – $391.5K
NOI $23,488 @ 7.0% cap · market cap 7.86%
Theoretical Best
Office A
$618.0K
$540.8K – $721.0K
NOI $43,262 @ 7.0% cap · market cap 14.47%
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
418
Businesses Nearby
Explore this area
Business Placement
Demographics for 14211, NY
26,449
Population
11,498
Households
2.3
Avg Household Size
32
Median Age
15%
College-Educated
84%
High-School Grad
3.9 sq mi
ZIP Area
6,782
Density / Sq Mi
$34,490
Median Household Income
$30,705
Median Earnings
$1,008
Median Rent
$91,600
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 - Two separate three-bedroom homes each have a kitchen and full bathroom.
Where is this duplex located?
The property is located at 881 Walden Avenue 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 residential units, each with three bedrooms and one full bathroom; 2,570 square feet of building area on a 0.1274‑acre lot; Upper residence includes a private balcony
