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132 Royal Ave, Buffalo, NY, 14207

4beds
2baths
1,840sqft
$199,000
$108price/sqft
$1,735/moest. monthly cost
$69,400/yrincome needed

About This Home

Welcome to 132 Royal Ave, an exceptional opportunity in Buffalo's ever-appreciating Riverside neighborhood! This spacious two-family home offers a flexible layout, numerous recent updates, and the rare bonus of an adjacent lot included in the sale—providing endless possibilities for future expansion, additional parking, or long-term investment potential. Thoughtfully updated, the property features a new roof (25'), two newer 100-amp electrical panels, two newer hot water tanks(19' & 22'), forced air furnaces, new LVP flooring and fresh paint throughout, updated bathrooms, a screened-in front porch, and newer vinyl replacement windows that fill the home with natural light. The versatile lower unit can function as either a 1 or 2 bedroom apartment and offers a comfortable layout complete with a kitchen, living/dining room, family room, spacious bedroom, and a full bathroom. Upstairs, the second-floor unit boasts 2 generous bedrooms, a large eat-in kitchen, and an expansive living room with a dedicated dining area. HUGE BONUS - the second floor provides direct access to a finished third-floor, creating an incredible opportunity to expand the living space into a grand owner's suite, a home office, or recreation area. Whether you're an investor looking to add a turnkey duplex to your portfolio or an owner-occupant seeking rental income to cover the majority of your mortgage while enjoying a spacious home of your own, this property offers outstanding flexibility, modern updates, and future upside in one of Buffalo's steadily growing neighborhoods. Opportunities like this—especially with an additional lot included—don't come along often. Offers reviewed as they are received.

Getting Around

73
WalkingVery Walkable
46
TransitSome Transit
70
BikeVery Bikeable

Schools

Construction

Condition

  • Property condition: Resale
  • Year built: 1900

Materials

  • Foundation: Stone
  • Roof: Architectural,Shingle
  • Construction materials: Vinyl Siding,PEX Plumbing

Type & Style

  • Home type: MultiFamily
  • Architectural style: Duplex
  • Property subType: Duplex,Multi Family

Interior

Appliances

  • Appliances included: Gas Water Heater
  • Laundry features: Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Attic
  • Flooring: Hardwood,Luxury Vinyl,Varies

Heating

  • Heating features: Gas,Forced Air

Interior Area

  • Total structure area: 1,840
  • Total interior livable area: 1,840 sqft

Property

Details

  • Parcel number: 1402000775600005004000
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Porch,Screened
  • Exterior features: Enclosed Porch,Porch

Lot

  • Lot size: 3,240 sqft
  • Features: Near Public Transit,Rectangular,Rectangular Lot,Residential Lot
  • Lot size dimensions: 30 x 108

Parking

  • Parking features: Other,One Space,See Remarks

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Winter Weather
Heat Wave
Tornado
Tsunami

FEMA Declared Disasters in Erie County and New York

Flood
Severe Storm
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,006$12,072
Home Insurance *$140$1,680
Property Taxes $285$3,420
Electricity $304$3,648
Total$1,735$20,820
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$59,485/yr
40% on housing$52,050/yr
45% on housing$46,266/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.9%
6.9%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.9%
-0.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$108This listing

vs Other Active Listings

Avg $/sqft

ZIP 14207$93
Erie County$156

vs Homes Sold Last Month

Median $/sqft

ZIP 14207$110
Erie County$190

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-16Listed for sale$199,000
2019-12-20Sold$50,000
2019-10-01Listing removed$650
2019-09-24Price change$650
2019-09-11Price change$675
2019-08-21Listed for rent$700
2018-05-28Listing removed$650
2018-05-21Price change$650
2018-05-03Price change$700
2018-04-27Listed for rent$725
2014-04-08Listing removed$475
2013-12-13Listed for rent$475
2013-08-02Listing removed$450
2013-07-18Listed for rent$450
2012-12-26Listing removed--
2012-12-06Listed for sale--

For Sale by Agent

AgentNicholas M Lunetta
BrokerageMJ Peterson Real Estate Inc.

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