NOT LISTED FOR SALE
2 Beds
1 Bath
1,500 Sq Ft
4,800 Sq Ft Lot

Sale Details

Date Sold: November 12, 2015

Last sale price $392,500 $262 Per Sq Ft

Highlights

  • Separate Formal Living Room
  • Window Unit Cooling System
  • Laundry Room
  • Porch
  • Open Patio
  • Entrance Foyer

About This Home

As of August 2019

Welcome to 182 Lancaster Avenue — a rare opportunity to own a four-unit property in the heart of Elmwood Village. Set within a classic Queen Anne–style residence, this home showcases timeless architectural character paired with strong income potential, just steps from one of Buffalo’s most sought-after and walkable neighborhoods. An oversized front porch enhances the curb appeal - the perfect setting to relax on summer days and enjoy the energy of Elmwood Avenue. This well-maintained multi-family features two spacious 2-bedroom apartments and two 1-bedroom apartments, a highly desirable and flexible unit mix with strong rental demand. The first-floor unit is currently vacant and has been updated with a brand-new kitchen, making it ideal for an owner-occupant or for immediate market-rate leasing. Additional updates include a newer boiler (2021), exterior paint (2023), shared basement laundry, and off-street parking for all tenants — a rare and valuable convenience in this prime location. All mechanicals are serviced yearly, providing added peace of mind and consistent performance. The property delivers solid income potential with meaningful upside for future appreciation in a consistently strong rental market. Located just steps from Elmwood Avenues vibrant shops, cafés, restaurants, parks, nightlife, and cultural attractions, this property provides unmatched walkability and lifestyle appeal. Whether you’re seeking to live in one unit while tenants help offset expenses or add a strong, stable asset to your portfolio, 182 Lancaster Avenue delivers location, flexibility, and long-term value in one exceptional package.

Last Agent to Rent the Property

Mike Hartke

Listing by Howard Hanna WNY Inc. License #40HA1118942 Listed on: 04/20/2019

Howard Hanna WNY Inc.

Last Renter's Agent

Mike Hartke

Listing by Howard Hanna WNY Inc. License #40HA1118942 Listed on: 04/20/2019

Howard Hanna WNY Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 4,800 Sq Ft Lot
  • Lot Dimensions are 40x120

Interior Spaces

  • 1,500 Sq Ft Home
  • Entrance Foyer
  • Separate Formal Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Window Unit Cooling System
  • Heating System Uses Steam

Listing and Financial Details

  • Property Available on 6/15/19
  • Rent includes all utilities
  • 12 Month Lease Term
  • Tax Lot 12
  • Assessor Parcel Number 140200-100-220-0002-012-000

Community Details

Overview

  • Holland Land Cos Surv Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

4,800 Sq Ft Lot

Rental Info

  • Furnished: Unfurnished
  • Lease Term: 12 Months
  • Pets Allowed: No
  • Available Date: 2019-06-15
  • Pets Allowed: No

Listing Details

  • Property Sub Type: Apartment
  • Property Type: Residential Lease
  • Rent Includes: All Utilities
  • Year Built: 1900
  • ResoLaundryFeatures: In Basement
  • Subdivision Name: Holland Land Cos Surv
  • Directions: ELMWOOD OR DELAWARE AVE TO LANCASTER AVE.
  • Architectural Style: Multi-Family
  • Interior Features: Entrance Foyer, Separate/Formal Living Room
  • Year Built Details: Existing
  • Property Sub Type Additional: Apartment
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Acres: 0.1102
  • Waterfront: No
  • Exterior Features: Blacktop Driveway
  • Patio And Porch Features: Open, Porch

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Steam
  • HeatingYN: Yes

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Buffalo

Lot Info

  • Parcel Number: 140200-100-220-0002-012-000
  • Lot Dimensions: 40X120
  • Lot Size Sq Ft: 4800.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 12

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2016
Sold by
Bought by

Purchase Details

Listed on
Aug 20, 2015
Closed on
Nov 12, 2015
Sold by
Bought by
Seller's Agent
Joshua Assad
Keller Williams Realty WNY
Buyer's Agent
Mike Hartke
Howard Hanna WNY Inc.
List Price
$399,900
Sold Price
$392,500
Premium/Discount to List
-$7,400
-1.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,375
Interest Rate
3.87%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 8, 2014
Closed on
Oct 30, 2014
Sold by
Bought by
Seller's Agent
Mark Kuczka
Lake Realty
Buyer's Agent
Joshua Assad
Keller Williams Realty WNY
List Price
$329,900
Sold Price
$340,000
Premium/Discount to List
$10,100
3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.12%
Original Mortgage
$255,000
Interest Rate
4.18%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$392,500 Chicago Title Insurance Co
$340,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $294,375
Closed $255,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/17/2026 06/17/26 Price Changed $649,000 -5.3% $143 / Sq Ft
05/18/2026 05/18/26 For Sale $685,000 0.0% $151 / Sq Ft
08/01/2019 08/01/19 Rented $18,000 +1100.0% --
07/23/2019 07/23/19 Under Contract -- -- --
04/20/2019 04/20/19 For Rent $1,500 +53.8% --
05/16/2018 05/16/18 Rented $975 -30.1% --
05/15/2018 05/15/18 Under Contract -- -- --
05/01/2018 05/01/18 Rented $1,395 +43.1% --
04/28/2018 04/28/18 Under Contract -- -- --
04/05/2018 04/05/18 For Rent $975 -30.1% --
03/09/2018 03/09/18 For Rent $1,395 +3.3% --
10/01/2017 10/01/17 Rented $1,350 0.0% --
09/27/2017 09/27/17 Under Contract -- -- --
09/11/2017 09/11/17 Price Changed $1,350 -6.9% $1 / Sq Ft
08/09/2017 08/09/17 Price Changed $1,450 -9.1% $1 / Sq Ft
06/28/2017 06/28/17 For Rent $1,595 +78.2% --
06/04/2016 06/04/16 Rented $895 0.0% --
05/14/2016 05/14/16 Under Contract -- -- --
04/25/2016 04/25/16 For Rent $895 0.0% --
11/12/2015 11/12/15 Sold $392,500 -1.9% $86 / Sq Ft View Prior Sale
09/09/2015 09/09/15 Pending -- -- --
08/20/2015 08/20/15 For Sale $399,900 0.0% $88 / Sq Ft
08/14/2015 08/14/15 Rented $800 0.0% --
08/10/2015 08/10/15 Under Contract -- -- --
07/22/2015 07/22/15 For Rent $800 +6.7% --
02/16/2015 02/16/15 Rented $750 0.0% --
02/14/2015 02/14/15 Under Contract -- -- --
01/31/2015 01/31/15 For Rent $750 0.0% --
11/06/2014 11/06/14 Sold $340,000 +3.1% $75 / Sq Ft View Prior Sale
08/13/2014 08/13/14 Pending -- -- --
08/08/2014 08/08/14 For Sale $329,900 -- $73 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,734 $632,700 $57,600 $575,100
2024 $2,460 $439,000 $48,000 $391,000
2023 $2,281 $439,000 $48,000 $391,000
2022 $2,207 $439,000 $48,000 $391,000
2021 $2,207 $439,000 $48,000 $391,000
2020 $985 $439,000 $48,000 $391,000
2019 $4,923 $128,000 $4,800 $123,200
2018 $4,550 $128,000 $4,800 $123,200
2017 $761 $128,000 $4,800 $123,200
2016 $4,284 $128,000 $4,800 $123,200
2015 -- $128,000 $4,800 $123,200
2014 -- $128,000 $4,800 $123,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western New York Real Estate Information Services (WNYREIS)

MLS Number: B1186595

Western New York Real Estate Information Services (WNYREIS)
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