Pending

284 Olmstead Avenue

Lancaster, NY 14043
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Bed 5

Bed

Bath 3

Bath

SqFt1,768

Sqft

Acres0.29

Acre(Lot)

Welcome to 284 Olmstead Ave in Depew — a well-maintained two-unit property offering strong rental income and numerous recent updates throughout. The upper unit features 3 bedrooms and 2 bathrooms and currently rents for $1,600 per month. The lower unit offers 2 bedrooms and 1 bathroom and is vacant, making it ideal for owner occupancy or immediate rental income. Recent upgrades include new cabinets, fresh paint, updated bathrooms, and additional improvements designed to minimize maintenance. The property also offers ample parking and a spacious backyard. Conveniently located near the Reinstein Woods Nature Preserve, Como Lake Park, and the Village of Lancaster, with downtown Buffalo just 20 minutes away, this turnkey property is a great opportunity in a desirable and convenient location. A lso listed as multi-family under MLS B1682395

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Detail Ic Property Details

Property Type : Residential

Price : $299,900

AD Id : 78885223

MLS Id : B1682403

Beds : 5

Lot Size : 0.29 Acre

Living Area Size : 1,768

Year Built : 1900

County : Erie

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Room Information

    Rooms Total: 9 Has Basement: Yes Basement: Full
  • Flooring Information

    Carpet, Varies, Vinyl
  • Interior Features

    Eat-in Kitchen Appliances: Dryer, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Washer, Water Heater Laundry Features: In Basement, Upper Level
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air

  • Building Information

    Year Built: 1900 Building Area Total: 1768 Construction Materials: Vinyl Siding Stories: 2 Private Pool: No

  • Lot Information

    Lot Dimensions: 45X278 Main Square Feet: 0.2875 Acres Lot Size Acres: 0.2875 Lot Size Square Feet: 12524 Lot Description: Irregular Lot

  • Listing Price Information

    Listing Price: $299900 Cash, Conventional, FHA, VA Loan

  • Tax Information

    Parcel Number: 145201-104-240-0004-047-000 Tax Lot: 47 Annual Tax: $4537

  • Parking Information

    No Garage, Driveway

  • Utility Information

    Sewer Connected, Water Connected
  • Location Information

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
138 Burlington Avenue, Lancaster, NY, 14043 $240,000 3 2 1,294 1,294 SqFt
43 Eagle Terrace, Lancaster, NY, 14043 $299,900 2 2 2,200 2,200 SqFt
140 Wendel Street, Lancaster, NY, 14043 $129,900 3 1 1,752 1,752 SqFt
4 Wendel Street, Lancaster, NY, 14043 $198,000 3 2 1,137 1,137 SqFt
5041 Broadway, Lancaster, NY, 14043 $179,999 3 2 1,120 1,120 SqFt
5831 Transit Road, Lancaster, NY, 14043 $349,000 2 -- 3,158 3,158 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the New York State Alliance MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. 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 ByOwner shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright ©2026 New York State Alliance and participating MLS's - CNYIS, UNYREIS and WNYREIS. All Rights Reserved.

ByOwner last updated this listing 06/21/2026 @ 03:49

MLS: B1682403 LISTED BY: Hans Hokenson, Howard Hanna WNY Inc. 716-655-1655 SOURCE: Western New York Real Estate Information Services (WNYREIS)

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