There are multiple listings for this address:
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.
Property Details
Price:
$249,000
MLS #:
B1654301
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
MultiFamily
Subdivision:
Holland Company’s Surv
Neighborhood:
depewvillagelancaster145201
Listed Date:
Dec 12, 2025
Finished Sq Ft:
1,364
Total Sq Ft:
1,364
Lot Size:
16,699 sqft / 0.38 acres (approx)
Year Built:
1855
See this Listing
Schools
School District:
Depew
Interior
Appliances
Gas Water Heater
Bathrooms
2 Full Bathrooms
Cooling
Zoned
Flooring
Carpet, Varies, Vinyl
Heating
Gas, Zoned, Baseboard
Exterior
Construction Materials
Aluminum Siding
Parking Features
Concrete
Financial
Taxes
$4,653
Map
Community
- Address368 Olmstead Avenue Lancaster NY
- SubdivisionHolland Company’s Surv
- CityLancaster
- CountyErie
- Zip Code14043
Subdivisions in Lancaster
- Belltower Village Condami
- Belltower Village Condo
- Buffalo Crk Reservation
- Central Square Villas Con
- Countryview Estates
- Cross Crk Sub
- Diamond Sub
- Doe Haven Estates Ph 02
- Doe Haven Estates Ph I
- Eastwood Village North Ph
- Eastwood Village Ph 03
- Fieldstream Estates
- Fieldstream/Forbes
- Fieldstream/Newport
- George Sub
- Glenridge Village Condo
- Grafton Court Sub
- Holland Land Company’s Su
- Juniper Townhomes
- Lancaster
- Lancaster Terrace
- Parkview Court
- Setter Sub
- Town/Lancaster
- Village/Lancaster
- Warner Estates West Pt 4
Market Summary
Current real estate data for Single Family in Lancaster as of Feb 05, 2026
57
Single Family Listed
114
Avg DOM
216
Avg $ / SqFt
$382,437
Avg List Price
Property Summary
- Located in the Holland Company’s Surv subdivision, 368 Olmstead Avenue Lancaster NY is a Single Family for sale in Lancaster, NY, 14043. It is listed for $249,000 and features 3 beds, 2 baths, and has approximately 1,364 square feet of living space, and was originally constructed in 1855. The current price per square foot is $183. The average price per square foot for Single Family listings in Lancaster is $216. The average listing price for Single Family in Lancaster is $382,437.
Similar Listings Nearby
Courtesy of Howard Hanna WNY Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the New York State Alliance of MLSs. Detailed information about real estate listings held by brokerage firms other than Michael Paduano include the name of the listing broker. Neither the listing company nor Michael Paduano shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. New York State Alliance of MLSs. All rights reserved. 368 Olmstead Avenue
Lancaster, NY
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.
Property Details
Price:
$249,000
MLS #:
B1654477
Status:
Active
Beds:
3
Baths:
2
Type:
Multi Family
Subtype:
MultiFamily
Subdivision:
Holland Company’s Surv
Neighborhood:
depewvillagelancaster145201
Listed Date:
Dec 12, 2025
Finished Sq Ft:
1,364
Total Sq Ft:
1,364
Lot Size:
16,699 sqft / 0.38 acres (approx)
Year Built:
1855
Units:
2
See this Listing
Schools
School District:
Depew
Interior
Appliances
Gas Water Heater
Bathrooms
2 Full Bathrooms
Cooling
Zoned
Flooring
Carpet, Varies, Vinyl
Heating
Gas, Zoned, Baseboard
Exterior
Construction Materials
Aluminum Siding
Parking Features
Concrete
Financial
Taxes
$4,653
Map
Community
- Address368 Olmstead Avenue Lancaster NY
- SubdivisionHolland Company’s Surv
- CityLancaster
- CountyErie
- Zip Code14043
Subdivisions in Lancaster
- Belltower Village Condami
- Belltower Village Condo
- Buffalo Crk Reservation
- Central Square Villas Con
- Countryview Estates
- Cross Crk Sub
- Diamond Sub
- Doe Haven Estates Ph 02
- Doe Haven Estates Ph I
- Eastwood Village North Ph
- Eastwood Village Ph 03
- Fieldstream Estates
- Fieldstream/Forbes
- Fieldstream/Newport
- George Sub
- Glenridge Village Condo
- Grafton Court Sub
- Holland Land Company’s Su
- Juniper Townhomes
- Lancaster
- Lancaster Terrace
- Parkview Court
- Setter Sub
- Town/Lancaster
- Village/Lancaster
- Warner Estates West Pt 4
Market Summary
Current real estate data for Multi Family in Lancaster as of Feb 05, 2026
57
Multi Family Listed
114
Avg DOM
216
Avg $ / SqFt
$382,437
Avg List Price
Property Summary
- Located in the Holland Company’s Surv subdivision, 368 Olmstead Avenue Lancaster NY is a Multi Family for sale in Lancaster, NY, 14043. It is listed for $249,000

