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.
Active
$249,000
368 Olmstead Ave, Depew, NY 14043
3beds
1,364sqft
Single Family Residence
Built in 1855
0.38 Acres Lot
$-- Zestimate®
$183/sqft
$-- HOA
What's special
Spacious backyardRecently renovated bathroomAmple parkingNewer carpeting
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Zillow last checked: 8 hours ago
Listing updated: December 12, 2025 at 05:33pm
Listing by:
Howard Hanna WNY Inc. 716-655-1655,
Hans Hokenson 716-353-0258
Source: NYSAMLSs,MLS#: B1654301
Originating MLS: Buffalo
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 2
Heating
- Gas, Zoned, Baseboard
Cooling
- Zoned
Appliances
- Included: Dryer, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Washer
Features
- Eat-in Kitchen, Second Kitchen, Bedroom on Main Level
- 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: No Garage
Features
- Levels: Two
- Stories: 2
- Exterior features: Concrete Driveway
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: SingleFamily
- Architectural style: Two Story
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Foundation: Block, Poured
Condition
- Resale
- Year built: 1855
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Holland Company's Surv
Location
- Region: Depew
Financial & listing details
- Price per square foot: $183/sqft
- Tax assessed value: $106,000
- Annual tax amount: $4,653
- Date on market: 12/12/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/13/2025 | Listed for sale | $249,000+15.8%$183/sqft |
Source: | ||
| 12/8/2023 | Sold | $215,000-10.4%$158/sqft |
Source: | ||
| 10/2/2023 | Pending sale | $239,900$176/sqft |
Source: | ||
| 9/21/2023 | Listed for sale | $239,900+183.9%$176/sqft |
Source: | ||
| 12/30/2008 | Sold | $84,500$62/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $106,000 |
| 2023 | -- | $106,000 |
| 2022 | -- | $106,000 |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 14043
Nearby schools
GreatSchools rating
- 6/10Cayuga Heights Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 3/10Depew Middle SchoolGrades: 6-8Distance: 1.7 mi
- 8/10Depew High SchoolGrades: 9-12Distance: 1.7 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.
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