$243,000
SOLD MAR 31, 2026

368 Olmstead Ave Depew, NY 14043

3 Beds
2 Baths
1,364 Sq Ft
0.38 Acre Lot

Sale Details

Date Sold: March 31, 2026

$178 Per Sq Ft

2% Below List Price

70 Days on Market

Highlights

  • 0.38 Acre Lot
  • Baseboard Heating
  • Carpet
  • Zoned Heating and Cooling

About This Home

As of March 2026

Welcome to 368 Olmstead Ave, Depew, NY! Great opportunity to own a well-maintained two-unit property offering flexibility for both owner-occupants and investors. The upper unit features 1 bedroom and 1 bathroom and is currently rented for $1,000 per month, providing immediate rental income. The lower unit offers 2 bedrooms and 1 bathroom and is vacant, making it perfect for an owner-occupant or for setting your own rental terms. The property has seen several updates throughout, including newer carpeting and a recently renovated bathroom, enhancing comfort and appeal as well as other improvements designed to reduce maintenance. With one unit already generating income and the other move-in ready, this property presents a solid opportunity to offset expenses or expand your investment portfolio. 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.

Last Agent to Sell the Property

Hans Hokenson

Listing by Howard Hanna WNY Inc. Brokerage Phone: 716-353-0258 License #10401343142 Listed on: 12/12/2025

Howard Hanna WNY Inc.

Last Buyer's Agent

Ashlene Jarmusz

Listing by HUNT Real Estate Corporation License #10401313668

HUNT Real Estate Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,653

Year Built

  • Built in 1855

Lot Details

  • 16,699 Sq Ft Lot
  • Lot Dimensions are 60x278
  • Irregular Lot

Home Design

  • Aluminum Siding

Interior Spaces

  • 1,364 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

  • Rent includes gardener, snow removal, water
  • Tax Lot 31
  • Assessor Parcel Number 145201-104-240-0004-031-000

Community Details

Overview

  • 2 Units
  • Holland Company's Surv Subdivision

Building Details

  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,653

Year Built

Built in 1855

Lot Details

0.38 Acres

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Gardener, Snow Removal, Water
  • Year Built: 1855
  • Attribution Contact: 716-353-0258
  • Lot Features: Irregular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Subdivision Name: Holland Company's Surv
  • 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: 3
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.3833
  • Waterfront: No
  • Construction Type: Aluminum Siding

Garage/Parking

  • Parking Features: Concrete

Utilities

  • Cooling: Zoned
  • Heating: Gas, Zoned, Baseboard
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Depew

Lot Info

  • Parcel Number: 145201-104-240-0004-031-000
  • Lot Dimensions: 60X278
  • Lot Size Sq Ft: 16699.0
  • 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: 4653.0
  • Tax Lot: 31

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

Listed on
Dec 12, 2025
Closed on
Mar 27, 2026
Sold by
Bought by
Seller's Agent
Hans Hokenson
Howard Hanna WNY Inc.
Buyer's Agent
Ashlene Jarmusz
HUNT Real Estate Corporation
List Price
$249,000
Sold Price
$243,000
Premium/Discount to List
-$6,000
-2.41%
Views
144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.83%
Original Mortgage
$238,598
Outstanding Balance
$238,123
Interest Rate
6.01%
Mortgage Type
FHA
Estimated Equity
$4,410

Purchase Details

Listed on
Sep 21, 2023
Closed on
Nov 29, 2023
Sold by
Bought by
Seller's Agent
Charles Battaglia
HUNT Real Estate Corporation
Buyer's Agent
Jason Sokody
Howard Hanna WNY Inc.
List Price
$239,900
Sold Price
$215,000
Premium/Discount to List
-$24,900
-10.38%
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.44%
Original Mortgage
$206,196
Interest Rate
7.12%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 29, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,043
Interest Rate
6.17%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 14, 1996

Purchase Details

Closed on
May 22, 1996
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 Type Sale Price Title Company
Deed $243,000 None Available
Warranty Deed $215,000 None Available
Warranty Deed $84,500 None Available
Warranty Deed $84,500 None Available
Interfamily Deed Transfer -- --
Deed -- --
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 Loan Amount Loan Type
Open $238,598 FHA
Previous Owner $206,196 FHA
Previous Owner $84,043 FHA
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
03/31/2026 03/31/26 Sold $243,000 -2.4% $178 / Sq Ft
02/20/2026 02/20/26 Pending -- -- --
12/12/2025 12/12/25 For Sale $249,000 +15.8% $183 / Sq Ft
12/08/2023 12/08/23 Sold $215,000 -10.4% $158 / Sq Ft View Prior Sale
09/29/2023 09/29/23 Pending -- -- --
09/21/2023 09/21/23 For Sale $239,900 -- $176 / 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 $1,294 $106,000 $31,600 $74,400
2024 $4,509 $106,000 $31,600 $74,400
2023 $4,504 $106,000 $31,600 $74,400
2022 $4,158 $106,000 $31,600 $74,400
2021 $2,943 $106,000 $31,600 $74,400
2020 $4,309 $106,000 $31,600 $74,400
2019 $2,156 $79,500 $14,400 $65,100
2018 $3,468 $79,500 $14,400 $65,100
2017 $1,031 $79,500 $14,400 $65,100
2016 $3,276 $79,500 $14,400 $65,100
2015 -- $79,500 $14,400 $65,100
2014 -- $79,500 $14,400 $65,100
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1654477

Western New York Real Estate Information Services (WNYREIS)

APN: 145201-104-240-0004-031-000

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