Three-Bedroom
933 Starin Ave, Buffalo, NY 14223
For Sale
$279,900
Two residential units feature separate utilities, hardwood floors, updated finishes, and access to a patio and spacious yard.
Property Size2,254 SF
Price / SF$124.18
Days on Market51
Property Features for 933 Starin Ave
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Utilities to Site
Amenities
patio
Building Details
Year Built
Buildings
Listing Agency:
Buffalo Home Sellers LLC
Listed By:
Matthew J Quagliano · License NY 40QU0743308
(716) 838-0957
Source:
Skinnercnyrealty
Added: Sep 20
Changed: Nov 5
Last Checked: Nov 8 at 10:20AM
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 Buffalo Home Sellers LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1932 duplex contains 2,254 square feet and offers two three-bedroom units. Each residence includes a living room, formal dining room, kitchen, bathroom, and hardwood flooring. Mostly updated windows, kitchen and bathroom improvements, and refreshed interior and exterior paint add to the current condition. Separate modern utility systems serve the units.
The property occupies a wide, tree-lined yard with a patio and abundant on-site parking. Its traditional layouts and distinct unit configuration provide a straightforward residential income property format.
The property occupies a wide, tree-lined yard with a patio and abundant on-site parking. Its traditional layouts and distinct unit configuration provide a straightforward residential income property format.
Key Highlights
- Two‑unit duplex with 3 bedrooms in each unit
- 2,254 square feet of total building area
- Separate modern utilities for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,365
Cap Rate
7.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$447,300
$447.3K
Cap Rate 7%
$319,500
$319.5K
Cap Rate 9%
$248,500
$248.5K
Market Conditions
NOI Build-Up for 2,254 SF
Gross rent
$33.8K $15.00/SF
− Vacancy
−$1.9K −$0.83/SF
EGI
$32.0K $14.17/SF
− OpEx
−$9.6K −$4.25/SF
NOI
$22.4K $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%
$447,300
Cap Rate 7%
$319,500
Cap Rate 9%
$248,500
Alternative Uses
Best Use
Multifamily LT 5
$319.5K
$279.6K – $372.8K
NOI $22,365 @ 7.0% cap · market cap 7.99%
Second Best
Apartment 5plus
$294.3K
$257.5K – $343.3K
NOI $20,600 @ 7.0% cap · market cap 7.36%
Theoretical Best
Office A
$542.0K
$474.3K – $632.4K
NOI $37,943 @ 7.0% cap · market cap 13.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
390
Businesses Nearby
Explore this area
Business Placement
Demographics for 14223, NY
22,658
Population
10,586
Households
2.1
Avg Household Size
41
Median Age
44%
College-Educated
97%
High-School Grad
3.5 sq mi
ZIP Area
6,474
Density / Sq Mi
$83,528
Median Household Income
$49,835
Median Earnings
$976
Median Rent
$202,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Buffalo, NY
Properties on Market for Duplexes in Buffalo
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units feature separate utilities, hardwood floors, updated finishes, and access to a patio and spacious yard.
Where is this duplex located?
The property is located at 933 Starin Ave Buffalo, NY.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: Two‑unit duplex with 3 bedrooms in each unit; 2,254 square feet of total building area; Separate modern utilities for each unit
