$125,000
SOLD OCT 21, 2025

98 Victory Ave Buffalo, NY 14218

4 Beds
2 Baths
2,300 Sq Ft
3,000 Sq Ft Lot

Recently Sold

$54 Per Sq Ft

31% Below List Price

156 Days on Market

Highlights

  • Property is near public transit
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • Woodwork
  • Ceiling Fan

About This Home

As of October 2025

MUST SEE! INCREDIBLE investment opportunity with this upper/lower, two-family double in the City of Lackawanna, perfect for investors looking to build a portfolio or owner-occupants looking to generate rental income to help cover the mortgage! The lower unit features an open-concept kitchen featuring recessed lighting, wood cabinetry, a center island and breakfast bar, creating a functional and inviting space opening up to the generous dining and living rooms with luxury vinyl plank throughout. The bathroom includes a unique clawfoot tub & a separate tiled shower room and enjoy the two bedrooms that offer comfortable living. The attractive upper unit has tall ceilings, hardwood flooring in the living and dining rooms, and a charming faux fireplace for aesthetic appeal. The kitchen has a vinyl floor and period woodwork cabinetry w/glass doors adding character, with two spacious bedrooms. Key updates include lower HWT 2025, some drain lines 2024, upper HWT 2022, newer upper furnace, vented glass block windows, with central air in the lower unit for added comfort. Ideally situated steps from South Park Lake, the Basilica, along with the Botanical Gardens while just minutes from Downtown Buffalo, this property offers strong income and cash flow potential with separate utilities and spacious units.

Last Agent to Sell the Property

Joshua James

Listing by Keller Williams Realty WNY Brokerage Phone: 716-697-3280 License #10301210944 Listed on: 03/31/2025

Keller Williams Realty WNY

Last Buyer's Agent

Annette Fachko

Listing by No Office Affiliation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,270

Year Built

  • Built in 1925

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 30x100
  • Property is Fully Fenced
  • Rectangular Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Block Foundation
  • Vinyl Siding
  • Copper Plumbing

Interior Spaces

  • 2,300 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Washer Hookup

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Lackawanna Middle School
  • Lackawanna High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Rent includes trash collection, water
  • Tax Lot 6
  • Assessor Parcel Number 140900-142-460-0008-006-000

Community Details

Overview

  • 2 Units
  • Buffalo Crk Reservation Subdivision

Building Details

  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,270

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential
  • Rent Includes: Trash Collection, Water
  • Year Built: 1925
  • Attribution Contact: 716-697-3280
  • ResoLaundryFeatures: Washer Hookup
  • Lot Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street, Main Thoroughfare
  • Subdivision Name: Buffalo Crk Reservation
  • Directions: Get on I-290 E from NY-5 W. Take I-90 W to Ridge Road in West Seneca. Take the Ridge Road exit from US-219 S. Continue on Ridge Road. Drive to Victory Avenue in Lackawanna.
  • Architectural Style: Duplex
  • Flooring: Hardwood, Varies, Vinyl
  • Interior Features: Ceiling Fan(s), Natural Woodwork
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Stories: 2
  • Stories: 2

Exterior Features

  • Fencing: Full
  • Acres: 0.0689
  • Waterfront: No
  • Construction Type: Vinyl Siding, Copper Plumbing
  • Exterior Features: Fully Fenced
  • Foundation Details: Block

Garage/Parking

  • Parking Features: No Driveway, On Street

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Lackawanna
  • Ninth Grade High School: Lackawanna High
  • Middle Or Junior School: Lackawanna Middle

Lot Info

  • Parcel Number: 140900-142-460-0008-006-000
  • Lot Dimensions: 30X100
  • Lot Size Sq Ft: 3000.0
  • 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: 4270.0
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2025
Closed on
Oct 9, 2025
Sold by
North East Wave Holdings Llc
Bought by
11079 East Emery Llc
Seller's Agent
Joshua James
Keller Williams Realty WNY
Buyer's Agent
Annette Fachko
No Office Affiliation
List Price
$179,900
Sold Price
$125,000
Premium/Discount to List
-$54,900
-30.52%
Views
107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
523.05%

Purchase Details

Closed on
Dec 8, 2022
Sold by
Gems Properties Of Wny Inc
Bought by
North East Wave Holdings Llc

Purchase Details

Closed on
Aug 24, 2022
Sold by
Gems Properties Of Wny Inc
Bought by
North East Wave Holding Llc

Purchase Details

Closed on
Sep 23, 2015
Sold by
Hermes Virginia M and Virginia Hermes Revocable Trust
Bought by
Gems Properties Of Wyn Inc

Purchase Details

Closed on
Mar 1, 2013
Sold by
Hermes Virginia M
Bought by
Hermes Virginia and Virginia Hermes Revocable Trust

Purchase Details

Closed on
Apr 12, 2001
Sold by
Hermes John C
Bought by
Hermes Virginia M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $125,000 None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Deed -- None Available
Deed -- None Available
Warranty Deed $80,000 None Available
Warranty Deed $80,000 None Available
Warranty Deed $80,000 None Available
Warranty Deed $80,000 None Available
Warranty Deed $30,000 None Available
Warranty Deed $30,000 None Available
Warranty Deed $30,000 None Available
Warranty Deed $30,000 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2025 10/21/25 Sold $125,000 -26.4% $54 / Sq Ft
09/03/2025 09/03/25 Pending -- -- --
07/02/2025 07/02/25 Price Changed $169,900 -5.6% $74 / Sq Ft
03/31/2025 03/31/25 For Sale $179,900 -- $78 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Tax History Compared to Growth

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 $2,150 $92,000 $5,500 $86,500
2023 $2,041 $92,000 $5,500 $86,500
2022 $2,098 $92,000 $5,500 $86,500
2021 $2,118 $92,000 $5,500 $86,500
2020 $1,526 $92,000 $5,500 $86,500
2019 $2,956 $59,500 $3,300 $56,200
2018 $1,924 $59,500 $3,300 $56,200
2017 $692 $59,500 $3,300 $56,200
2016 $1,615 $59,500 $3,300 $56,200
2014 -- $59,500 $3,300 $56,200
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1595575

Western New York Real Estate Information Services (WNYREIS)

APN: 140900-142-460-0008-006-000