Back to Search
Renovated Duplex with Full Basement

89 Andover Avenue Buffalo, NY 14215

89 Andover Avenue, Buffalo, NY, 14215
$199,900
For Sale
$199,900

MULTI_FAMILY - Buffalo, NY

Property Size1,867 SF
Lot Size0.09 Acres
Price / SF$107.07
Days on Market49

Property Features for 89 Andover Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 2, Basement, Bathroom 1, Bedroom 2
Interior features
Attic
Appliances
GasWaterHeater
Standard status
Active
APN
140200-090-480-0002-025-000
Size
1,867 SF
Lot size
0.09 Acres

Taxes and HOA fees

Tax Annual Amount
1805

Utilities

Heating system
Natural Gas, Forced Air
Water source
Public

Building Details

Year built
1923
Floors in Building
1
Number of units
2
Flooring type
Vinyl, Hardwood, Varies
Building materials
VinylSiding
Listing Agency Keller Williams Realty WNY
5500 Main St. Ste. 108, Williamsville, NY
Listed by Syed J Rizvi · License #10401279412
Added: May 31 Checked: Jul 18 at 8:06 am
MLS# B1686176 Listing URL

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 well maintained duplex has been recently renovated and is designed with two bedrooms on each floor. Each level offers a living-dining combination, a kitchen, and one full bathroom, providing two complete residential layouts within the same property. Improvements include new windows, a nice roof, and a full basement. The home is served by electric circuit breaker service, and the basement is described as dry clean.

The property is located at 89 Andover Avenue in Buffalo, New York, and is described as minutes away from the South Campus of the University at Buffalo. The lot size is listed at approximately 0.0911 acres, and the building size is listed at 1,867 square feet.

For buyers looking for a straightforward residential income property, the unit-by-unit bedroom and bathroom layout can support easy leasing and practical day-to-day management. The presence of a full basement adds additional usable space, while the described updates to windows and roof help reduce near-term maintenance items. With two self-contained living levels, the duplex configuration may appeal to owner-occupants or investors seeking a simple, functional setup.

Key Highlights

  • Well‑maintained multifamily home minutes from the University at Buffalo South Campus
  • Recently renovated layout with 2 bedrooms, living‑dining combo, kitchen, and 1 full bath on each floor
  • Many new windows plus a recently updated roof

Local Financial Insights For Apartment 5plus

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 $32.5k $17.40
− Vacancy −$1.5k −$0.78
EGI $31.0k $16.62
− OpEx −$14.0k −$7.48
NOI $17.1k $9.14
1,867 SF · lease $17.40/SF/yr · vacancy 4.50% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$264.6K
$231.6K – $308.8K (±1% cap)
NOI $18,525 @ 7.0% cap · market cap 9.27%
Second Best
Apartment 5plus
$243.8K
$213.3K – $284.4K (±1% cap)
NOI $17,063 @ 7.0% cap · market cap 8.54%
Theoretical Best
Office A
$449.0K
$392.9K – $523.8K (±1% cap)
NOI $31,428 @ 7.0% cap · market cap 15.72%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Dental Office Kitchen & Bath Showroom Building Supply Gym & Fitness Center Electrical Service Skin Care Clinic Bakery

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Recently renovated duplex offers two-bed floor plans, each with kitchen and full bath, plus full basement.
Where is this duplex located?
The property is located at 89 Andover Avenue Buffalo, NY.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Well‑maintained multifamily home minutes from the University at Buffalo South Campus; Recently renovated layout with 2 bedrooms, living‑dining combo, kitchen, and 1 full bath on each floor; Many new windows plus a recently updated roof
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message