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  • $243,000

    368 Olmstead Ave, Depew, NY 14043

    3beds
    1,364sqft
    Multi Family
    Built in 1855
    -- sqft lot
    $246,700 Zestimate®
    $178/sqft
    $1,611 Estimated rent

    Home value

    $246,700

    $234,000 - $259,000

    $1,611/mo

    Zestimate® history
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    Owner options

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    $1,611/mo

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    $1,611/mo

    Rent Zestimate®

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    $1,398/mo

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    $1,398/mo

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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Hans Hokenson 716-353-0258,

    Howard Hanna WNY Inc.

    Bought with:

    Ashlene Jarmusz, 10401313668

    HUNT Real Estate Corporation

    Source: NYSAMLSs,MLS#: B1654477MLS LogoOriginating MLS: Buffalo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Gas, Zoned, Baseboard
    Cooling
    • Zoned
    Appliances
    • Included: Gas Water Heater
    Features
    • Flooring: Carpet, Varies, Vinyl
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 1,364
    • Total interior livable area: 1,364 sqft

    Property

    Parking
    • Parking features: Concrete
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 0.38 Acres
    • Dimensions: 60 x 278
    • Features: Irregular Lot, Residential Lot
    Details
    • Parcel number: 1452011042400004031000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Aluminum Siding
    Condition
    • Resale
    • Year built: 1855

    Utilities & green energy

    • Sewer: Connected
    • Water: Connected, Public
    • Utilities for property: Sewer Connected, Water Connected

    Community & neighborhood

    Location
    • Region: Depew
    • Subdivision: Holland Company's Surv

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    3/31/2026Sold$243,000-2.4%$178/sqft
    Source: NYSAMLSs #B1654477 Report a problem
    2/20/2026Pending sale$249,000$183/sqft
    Source: NYSAMLSs #B1654301 Report a problem
    12/13/2025Listed for sale$249,000+15.8%$183/sqft
    Source: NYSAMLSs #B1654301 Report a problem
    12/8/2023Sold$215,000-10.4%$158/sqft
    Source: NYSAMLSs #B1499501 Report a problem
    10/2/2023Pending sale$239,900$176/sqft
    Source: NYSAMLSs #B1499501 Report a problem
    9/21/2023Listed for sale$239,900+183.9%$176/sqft
    Source: NYSAMLSs #B1499501 Report a problem
    12/30/2008Sold$84,500$62/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $106,000
    2024-- $106,000
    2023-- $106,000
    2022-- $106,000
    2021-- $106,000
    2020-- $106,000 +33.3%
    2019-- $79,500
    2018-- $79,500
    2017$2,156 +109.1%$79,500
    2016$1,031 $79,500
    2015-- $79,500
    2014-- $79,500
    2013-- $79,500
    2012-- $79,500
    2011-- $79,500
    2010-- $79,500 +16.1%
    2009-- $68,500
    2008-- $68,500
    2007-- $68,500
    2006-- $68,500
    2005-- $68,500 +8.4%
    2004-- $63,200
    2003-- $63,200
    2002-- $63,200
    2001-- $63,200
    2000-- $63,200

    Find assessor info on the county website

    Neighborhood: 14043

    Nearby schools

    GreatSchools rating
    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.

    Sell for more on Zillow
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    $246,700
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    +$4,934
    With Zillow Showcase(estimated)
    $251,634