Newfane, NY Multifamily properties for sale

Updated: Jun 10, 2025

Residential Income Duplex with In-Law Suite

3248 Lockport Olcott Road, Newfane, NY 14108

$1,350,000

5,306 sqft 14.80 AC lot

Custom home built in 1997 with river access and a stream on over 14 acres
Main residence offers 4 bedrooms and 3 bathrooms, plus a primary suite with walk‑in closet and spa‑inspired bath
Separate in‑law suite includes 2 bedrooms, a full bath, and its own living area
Backyard features an inground pool, hot tub (spa), patio, and outdoor kitchen
Finished basement includes a private gym; home also has a fireplace and spa (SpaYN: true)

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This listing looks promising.

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3248 Lockport Olcott Road, Newfane, NY 14108

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Est. Cap Rate

3.5%
NOI ÷ price
Est. NOI

$47K
Annual
Price @ 7% Cap

$666K
Suggested
Property Type

Rural Residence
Built 1997

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 1 Active listings in Newfane, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Double-Family Residential Income Property

247 Clinton Street, Lockport, NY 14094

$149,900

2,554 sqft 0.14 AC lot

Fully rented duplex with separate entrances, in-unit laundry, and a two-car garage on a large lot in Lockport.

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Country Income Duplex Property

1874 Hess Road, Appleton, NY 14008

$295,000

2,812 sqft 0.36 AC lot

Updated duplex with separate driveways, new 2022 gas furnaces, and multiple garage and workshop spaces.

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Rented Duplex Income Property

247 Clinton St, Lockport, NY 14094

$189,900

Fully rented 3-bedroom duplex with separate entrances, a renovated lower level, and a 2-car garage on a large lot.

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Two-Family Residential Property For Sale

110 S Transit Road, Lockport, NY 14094

$119,999

2,273 sqft

Two-family property with a 3-bedroom and 1-bedroom apartment.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Buildable Lot Near Niagara Falls

1931 Falls Street, Niagara Falls, NY 14303

Contact for pricing

0.08 AC lot

Vacant land suitable for development near attractions.

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Cleared Land with Development Potential

Fredonia, NY 14063

$125,900

22.00 AC lot

22-acre cleared land near Lake Erie with utilities.

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Caneadea Acre Building Lot

8708 Oramel Hill Rd, Caneadea, NY 14717

$31,900

1.00 AC lot

One acre lot with utilities, ready for recreation.

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Residential Lot in Westfield, PA

110 Mill Street, Westfield, PA 16950

Contact for pricing

0.17 AC lot

Affordable .171 acre lot ready for a mobile home.

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Off-Market Properties in Newfane, NY

Consider similar Off-Market properties in Newfane, NY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.