Estimated payment $1,921/month
Highlights
- Main Floor Bedroom
- Laundry Room
- Carpet
- Eat-In Kitchen
- Forced Air Heating System
About This Home
Welcome to 284 Olmstead Ave, Depew, NY. A well-maintained two-unit property offering strong rental income and recent updates throughout. The upper unit includes 3 beds/2 baths and rents for $1,600/month, while the lower unit offers 2 beds/1 bath and rents for $1,400/month. Upgrades include new cabinets, fresh paint, updated bathrooms, and other improvements designed to reduce maintenance.
The property features ample parking and a spacious backyard. Conveniently located near the Village of Lancaster, Reinstein Woods Nature Preserve, Como Lake Park, and just 20 minutes from downtown Buffalo. A turnkey investment in a desirable, accessible area.
Listing Agent
Listing by Howard Hanna WNY Inc. Brokerage Phone: 716-353-0258 License #10401343142 Listed on: 12/12/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,537
Year Built
- Built in 1900
Lot Details
- 0.29 Acre Lot
- Lot Dimensions are 45x278
- Irregular Lot
Home Design
- Block Foundation
- Vinyl Siding
Interior Spaces
- 1,768 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Kitchen
- Eat-In Kitchen
- Gas Oven
- Gas Range
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms | 2 Main Level Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry Room
- Laundry on upper level
- Dryer
- Washer
Parking
- No Garage
- Driveway
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Tax Lot 47
- Assessor Parcel Number 145201-104-240-0004-047-000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $4,398 | $103,000 | $26,900 | $76,100 |
| 2023 | $4,391 | $103,000 | $26,900 | $76,100 |
| 2022 | $4,054 | $103,000 | $26,900 | $76,100 |
| 2021 | $2,871 | $103,000 | $26,900 | $76,100 |
| 2020 | $4,410 | $103,000 | $26,900 | $76,100 |
| 2019 | $2,986 | $85,000 | $11,300 | $73,700 |
| 2018 | $4,352 | $85,000 | $11,300 | $73,700 |
| 2017 | $1,078 | $85,000 | $11,300 | $73,700 |
| 2016 | $4,177 | $85,000 | $11,300 | $73,700 |
| 2015 | -- | $85,000 | $11,300 | $73,700 |
| 2014 | -- | $85,000 | $11,300 | $73,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/19/2025 12/19/25 | For Sale | $299,900 | 0.0% | $170 / Sq Ft | |
| 12/19/2025 12/19/25 | Off Market | $299,900 | -- | -- | |
| 12/12/2025 12/12/25 | For Sale | $299,900 | +81.9% | $170 / Sq Ft | |
| 03/04/2022 03/04/22 | Sold | $164,894 | +4.4% | $93 / Sq Ft | View Prior Sale |
| 12/28/2021 12/28/21 | Pending | -- | -- | -- | |
| 11/11/2021 11/11/21 | Price Changed | $158,000 | -3.1% | $89 / Sq Ft | |
| 06/11/2021 06/11/21 | Price Changed | $163,000 | -3.0% | $92 / Sq Ft | |
| 05/04/2021 05/04/21 | For Sale | $168,000 | 0.0% | $95 / Sq Ft | |
| 03/22/2021 03/22/21 | Pending | -- | -- | -- | |
| 03/12/2021 03/12/21 | For Sale | $168,000 | -- | $95 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $164,894 | None Available | |
| Warranty Deed | $37,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $161,884 | FHA | |
| Previous Owner | $47,000 | Purchase Money Mortgage |
Source: Western New York Real Estate Information Services (WNYREIS)
MLS Number: B1654294
APN: 145201-104-240-0004-047-000
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