$144,900

340 Park Ave Lockport, NY 14094

Estimated payment $1,014/month

Total Views 27
5 Beds
2 Baths
1,762 Sq Ft
$82 Price per Sq Ft

Highlights

  • Corner Lot
  • Forced Air Heating System
  • Carpet

About This Home

Welcome to 340 Park Ave, a fully leased two-family home in the City of Lockport offering immediate rental income and strong cash flow. This well-maintained, tenant-occupied property generates $1,800 per month across two stable units, making it an excellent addition to any investor’s portfolio.
Situated on a desirable corner lot, the property provides ample off-street parking, a highly sought-after feature that enhances tenant appeal and long-term rental stability. Both units offer comfortable layouts and separate entrances, contributing to ease of management and consistent demand.
Conveniently located near local amenities, schools, shopping, and main thoroughfares, this property offers both reliability and long-term investment upside. A true turnkey opportunity—just collect rents from day one.

Listing Agent

Paul Buttenhoff

Listing by Towne Housing Real Estate Brokerage Phone: 646-377-1087 License #10301214985 Listed on: 03/03/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,226

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 39x88
  • Corner Lot
  • Rectangular Lot

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 1,762 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 70
  • Assessor Parcel Number 290900-108-016-0002-070-000

Community Details

Overview

  • 2 Units
  • Holland Purchase Subdivision

Building Details

  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,226

Year Built

Built in 1900

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Trash Collection, Water
  • Year Built: 1900
  • Attribution Contact: 646-377-1087
  • Lot Features: Corner Lot, Rectangular, Rectangular Lot
  • Subdivision Name: Holland Purchase
  • Directions: GPS to 340 Park
  • Architectural Style: Duplex
  • Flooring: Carpet, Varies, Vinyl
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.11
  • Waterfront: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Concrete, Two or More Spaces

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Lockport

Lot Info

  • Parcel Number: 290900-108-016-0002-070-000
  • Lot Dimensions: 39X88
  • Lot Size Sq Ft: 4792.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 3226.0
  • Tax Lot: 70
  • Tax Other Annual Assessment Amount: 66.0

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $2,772 $102,000 $3,800 $98,200
2023 $2,740 $98,000 $3,800 $94,200
2022 $2,127 $89,000 $3,800 $85,200
2021 $2,070 $52,500 $4,300 $48,200
2020 $2,026 $52,500 $4,300 $48,200
2019 $454 $52,500 $4,300 $48,200
2018 $1,465 $52,500 $4,300 $48,200
2017 $1,460 $52,500 $4,300 $48,200
2016 $1,413 $52,500 $4,300 $48,200
2015 -- $52,500 $4,300 $48,200
2014 -- $52,500 $4,300 $48,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/03/2026 03/03/26 For Sale $144,900 +178.7% $82 / Sq Ft
01/09/2020 01/09/20 Sold $52,000 +4.0% $30 / Sq Ft View Prior Sale
07/16/2019 07/16/19 Pending -- -- --
07/15/2019 07/15/19 For Sale $50,000 -- $28 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Purchase History

Date Type Sale Price Title Company
Deed $56,000 Chris Mikienis
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $42,000 New Conventional
Source: Public Records

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

MLS Number: B1664505

Western New York Real Estate Information Services (WNYREIS)

APN: 290900-108-016-0002-070-000

New York Niagara County Lockport 14094

340 Park Ave, Lockport, NY

For Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Western New York Real Estate Information Services (WNYREIS) The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, UNYREIS and WNYREIS. Real estate listings held by firms other than Homes.com, LLC are marked with the IDX logo and include the Listing Broker’s Firm Name.
Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties
are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Homes.com, LLC shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
© 2026 CNYIS, UNYREIS, WNYREIS. All rights reserved.

Nearby Homes
Paul Buttenhoff
Listing Agent
Paul Buttenhoff
Section Image
Towne Housing Real Estate
(716) 703-2767
Your Personal Tour Guide

Ask me questions while you tour the home.