Updated Two-Unit
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
(716) 832-3300
Listed By:
Syed J Rizvi · License #10401279412
(716) 946-2700
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.
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
NOI $16,997 @ 7.0% cap · market cap 6.67%
Second Best
Apartment 5plus
$223.7K
$195.7K – $260.9K
NOI $15,656 @ 7.0% cap · market cap 6.14%
Theoretical Best
Office A
$411.9K
$360.5K – $480.6K
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
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
901
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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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
