Welcome to 101 Main Street in the heart of Lancaster, NY—an exceptional investment opportunity offering both strong income potential and a prime location. Situated on a desirable corner lot, this well-positioned 7-unit property features ample off-street parking and a diverse unit mix, including five one-bedroom apartments, one three-bedroom unit, and one studio apartment.
Currently generating $6,250 in monthly rental income, this property presents immediate cash flow with room for future upside. Key updates include newer furnaces and hot water tanks, along with some updated windows, helping to reduce maintenance concerns.
Perfectly located just steps from local shops, restaurants, and community amenities, tenants will appreciate the convenience and charm of village living. With easy access to major routes, commuting is simple and efficient.
Being sold as-is, this is a fantastic opportunity for investors looking to expand their portfolio in a high-demand area. Don’t miss your chance to own a solid income-producing property in a sought-after location
Active
Price cut: $50K (5/22)
$475,000
101 Main St, Depew, NY 14043
6beds
0baths
9,439sqft
Multi Family
Built in 1900
-- sqft lot
$449,800 Zestimate®
$50/sqft
$-- HOA
What's special
Ample off-street parkingNewer furnacesUpdated windowsCorner lot
- 65 days |
- 396 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
eXp Realty 888-276-0630,
Danielle Machado 585-944-7895,
Rachele Sutherland 716-946-6969,
eXp Realty
Source: NYSAMLSs,MLS#: B1677236
Originating MLS: Buffalo
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 0
Heating
- Gas, Forced Air
Appliances
- Included: Dryer, Gas Water Heater, Washer
- Laundry: Common Area
Features
- Natural Woodwork
- Flooring: Laminate, Varies, Vinyl
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 9,439
- Total interior livable area: 9,439 sqft
Property
Parking
- Parking features: Three or more Spaces, No Garage
Features
- Stories: 3
- Patio & porch: Open, Porch
- Exterior features: Blacktop Driveway
Lot
- Size: 5,227 Square Feet
- Dimensions: 35 x 125
- Features: Corner Lot, Rectangular, Rectangular Lot, Residential Lot
Details
- Parcel number: 1452011045600001039000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Roof: Asphalt
Condition
- Resale
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Features: None
Location
- Region: Depew
Financial & listing details
- Price per square foot: $50/sqft
- Tax assessed value: $170,000
- Annual tax amount: $7,946
- Date on market: 4/28/2026
- Listing terms: Cash
Estimated market value
$449,800
$427,000 - $472,000
$1,152/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/22/2026 | Price change | $475,000-9.5%$50/sqft |
Source: | ||
| 5/14/2026 | Price change | $525,000-4.5%$56/sqft |
Source: | ||
| 4/29/2026 | Listed for sale | $550,000+414%$58/sqft |
Source: | ||
| 2/28/2017 | Sold | $107,000-10.8%$11/sqft |
Source: | ||
| 1/12/2017 | Pending sale | $119,900$13/sqft |
Source: Hunt Real Estate ERA #B1016761 Report a problem | ||
| 12/8/2016 | Listed for sale | $119,900-7.7%$13/sqft |
Source: Hunt Real Estate ERA #B1016761 Report a problem | ||
| 10/14/2016 | Listing removed | $129,900$14/sqft |
Source: Hunt Real Estate ERA #B504804 Report a problem | ||
| 9/13/2016 | Price change | $129,900-13.3%$14/sqft |
Source: Hunt Real Estate ERA #B504804 Report a problem | ||
| 8/8/2016 | Price change | $149,900-11.8%$16/sqft |
Source: Hunt Real Estate ERA #B504804 Report a problem | ||
| 7/19/2016 | Listed for sale | $169,900$18/sqft |
Source: Hunt Real Estate ERA #B504804 Report a problem | ||
Public tax history
Tax history is unavailable.
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 14043
Nearby schools
GreatSchools rating
- 7/10Cayuga Heights Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 4/10Depew Middle SchoolGrades: 6-8Distance: 1.1 mi
- 8/10Depew High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- District: Depew
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- New York
- Erie County
- Depew
- 14043
- 101 Main St






