20 Richlawn Ave, Buffalo, NY, 14215
About This Home
An exceptional opportunity for investors or owner-occupants seeking both income potential and long-term value. Live in one unit while generating rental income from the second, or add this turnkey property to your investment portfolio. This well maintained duplex offers 1,920 square feet of living space and includes a separate 30' x 121' vacant lot, presenting additional possibilities for future use or expansion. The lower unit has been thoughtfully renovated and features custom kitchen cabinetry, natural woodwork, replacement windows, and a beautifully updated bathroom that blends timeless character with modern comfort. The upper unit also features replacement windows, enhancing efficiency and appeal. Significant capital improvements provide lasting value and peace of mind, including a tear-off roof completed 7+ years ago, blown-in insulation, newer furnaces, and new hot water tanks (2026). Each residence enjoys its own private porch, creating an inviting outdoor retreat for tenants or owners alike. Long-term tenants are currently in place and have expressed a desire to remain, offering immediate, dependable rental income from closing day. With strong cash-flow potential, quality updates, and the added benefit of an included vacant lot, this is a rare opportunity to acquire a well-cared-for, income-producing property with enduring investment appeal.
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1920
Materials
- Foundation: Block
- Roof: Asphalt,Shingle
- Construction materials: Blown-In Insulation,Shake Siding,Wood 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
- Ceiling Fan(s),Natural Woodwork
- Flooring: Ceramic Tile,Hardwood,Varies,Vinyl
Heating
- Heating features: Gas,Forced Air
Interior Area
- Total structure area: 1,920
- Total interior livable area: 1,920 sqft
Property
Details
- Parcel number: 1402000904600001005000
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered,Deck,Porch
- Exterior features: Deck
Lot
- Lot size: 3,628 sqft
- Features: Near Public Transit,Rectangular,Rectangular Lot,Residential Lot
- Lot size dimensions: 30 x 121
Parking
- Total spaces: 2
- Parking features: Concrete,Two or More Spaces
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
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
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Erie County and New York
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $960 | $11,520 |
| Home Insurance * | $124 | $1,488 |
| Property Taxes | $272 | $3,264 |
| Electricity | $317 | $3,807 |
| Total | $1,673 | $20,076 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-13 | Price change | $184,900 |
| 2026-07-08 | Price change | $189,900 |
| 2026-06-21 | Listed for sale | $194,900 |
| 2018-04-03 | Sold | $70,900 |
| 2015-09-21 | Sold | $35,500 |
| 2009-07-08 | Sold | $24,500 |
| 2009-01-15 | Listing removed | $29,900 |
| 2008-06-26 | Listed for sale | $29,900 |
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