182 Lancaster Ave Buffalo, NY 14222
Elmwood Bidwell NeighborhoodEstimated payment $4,308/month
Highlights
- Property is near public transit
- Wood Flooring
- Covered Patio or Porch
- City Honors School At Fosdick Masten Park Rated A
- 2 Fireplaces
- Skylights
About This Home
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.
Listing Agent
Listing by Keller Williams Realty WNY Brokerage Phone: 716-908-4212 License #10401362457 Listed on: 05/18/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,364
Year Built
- Built in 1900
Lot Details
- 4,800 Sq Ft Lot
- Lot Dimensions are 40x120
- Rectangular Lot
Home Design
- Quadruplex
- Stone Foundation
- Wood Siding
- Copper Plumbing
Interior Spaces
- 4,549 Sq Ft Home
- 3-Story Property
- Woodwork
- Ceiling Fan
- Skylights
- 2 Fireplaces
- Window Treatments
- Entrance Foyer
- Storage
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Parking
- 2 Parking Spaces
- Parking Available
- Common or Shared Parking
- Paved Parking
Utilities
- Heating System Uses Gas
- Heating System Uses Steam
- Gas Water Heater
- High Speed Internet
Additional Features
- Covered Patio or Porch
- Property is near public transit
Community Details
- 4 Units
- Laundry Facilities
- 1 Separate Gas Meter
Listing and Financial Details
- Tax Lot 12
- Assessor Parcel Number 140200-100-220-0002-012-000
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | $392,500 | Chicago Title Insurance Co | |
| Warranty Deed | $340,000 | None Available |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $294,375 | Commercial | |
| Closed | $255,000 | Commercial |
Source: Western New York Real Estate Information Services (WNYREIS)
MLS Number: B1676162
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