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Updated Two-Unit Duplex
New
For Sale
$254,900

96 Rounds Avenue, Buffalo, NY 14215

Residential, Buffalo, NY

Property Size1,713 SF
Lot Size0.08 Acres
Price / SF$148.80
Days on Market2

Property Features for 96 Rounds Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 4, Bedroom 2, Basement
Appliances GasWaterHeater
Lot features Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Elementary school district Buffalo
Middle school district Buffalo
High school district Buffalo
Directions Eggert to rounds
Subdivision Buffalo City-140200
Standard status Active
APN 140200-079-650-0003-027-000
Size 1,713 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Annual Amount 1536

Utilities

Heating system Natural Gas, Forced Air
Water source Public

Building Details

Year built 1925
Floors in Building 1
Number of units 2
Flooring type Vinyl
Building materials VinylSiding
Listing Agency: Keller Williams Realty WNY
Listed By: Syed J Rizvi · License #10401279412
Added: Oct 11 Changed: Oct 12 Last Checked: Oct 12 at 9:06PM
MLS# B1721549

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 two-unit duplex contains 1,713 square feet on a 0.0808-acre lot. Each apartment has two bedrooms, an updated kitchen, and an updated bathroom. The lower unit also includes a combined living and dining area. Vinyl siding and flooring are present, and the property has a full basement described as dry.

Updates include electrical service, furnaces, water tanks, windows, kitchens, bathrooms, and flooring. The building was constructed in 1925 and has natural gas, forced-air heating and public water.

Key Highlights

  • Two apartments, each with two bedrooms and an updated kitchen and bathroom
  • 1,713‑square‑foot building on a 0.0808‑acre lot
  • New electrical service, furnaces, water tanks, and windows

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,997
Cap Rate
6.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$339,940 $339.9K
Cap Rate 7%
$242,814 $242.8K
Cap Rate 9%
$188,856 $188.9K
Market Conditions
NOI Build-Up for 1,713 SF
Gross rent
$25.7K $15.00/SF
− Vacancy
−$1.4K −$0.83/SF
EGI
$24.3K $14.17/SF
− OpEx
−$7.3K −$4.25/SF
NOI
$17.0K $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%
$339,940
Cap Rate 7%
$242,814
Cap Rate 9%
$188,856

Alternative Uses

Best Use
Multifamily LT 5
$242.8K
$212.5K – $283.3K (±1% cap)
NOI $16,997 @ 7.0% cap · market cap 6.67%
Second Best
Apartment 5plus
$223.7K
$195.7K – $260.9K (±1% cap)
NOI $15,656 @ 7.0% cap · market cap 6.14%
Theoretical Best
Office A
$411.9K
$360.5K – $480.6K (±1% cap)
NOI $28,836 @ 7.0% cap · market cap 11.31%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply HVAC Service Kitchen & Bath Showroom Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

901
Businesses Nearby

Demographics for 14215, NY

42,447
Population
19,203
Households
2.2
Avg Household Size
33
Median Age
19%
College-Educated
87%
High-School Grad
4.8 sq mi
ZIP Area
8,843
Density / Sq Mi
$43,326
Median Household Income
$29,204
Median Earnings
$993
Median Rent
$102,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Both apartments feature updated kitchens and bathrooms, with new electrical service, furnaces, water tanks, and windows.
Where is this duplex located?
The property is located at 96 Rounds Avenue Buffalo, NY.
What is the asking price?
The asking price for this property is $254,900.
What are key features of this property?
This property features: Two apartments, each with two bedrooms and an updated kitchen and bathroom; 1,713‑square‑foot building on a 0.0808‑acre lot; New electrical service, furnaces, water tanks, and windows
More about this property
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