About 182 Lancaster Avenue
Welcome to 182 Lancaster Avenue — a rare opportunity to own a four-unit property in the heart of Elmwood Village. Set within a classic Queen Anne–style residence, this home showcases timeless architectural character paired with strong income potential, just steps from one of Buffalo’s most sought-after and walkable neighborhoods. An oversized front porch enhances the curb appeal - the perfect setting to relax on summer days and enjoy the energy of Elmwood Avenue. This well-maintained multi-family features two spacious 2-bedroom apartments and two 1-bedroom apartments, a highly desirable and flexible unit mix with strong rental demand. The first-floor unit is currently vacant and has been updated with a brand-new kitchen, making it ideal for an owner-occupant or for immediate market-rate leasing. Additional updates include a newer boiler (2021), exterior paint (2023), shared basement laundry, and off-street parking for all tenants — a rare and valuable convenience in this prime location. All mechanicals are serviced yearly, providing added peace of mind and consistent performance. The property delivers solid income potential with meaningful upside for future appreciation in a consistently strong rental market. Located just steps from Elmwood Avenues vibrant shops, cafés, restaurants, parks, nightlife, and cultural attractions, this property provides unmatched walkability and lifestyle appeal. Whether you’re seeking to live in one unit while tenants help offset expenses or add a strong, stable asset to your portfolio, 182 Lancaster Avenue delivers location, flexibility, and long-term value in one exceptional package.
Features of 182 Lancaster Avenue
| MLS® # | B1709491 |
|---|---|
| Price | $599,000 |
| Bedrooms | 6 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 4,549 |
| Square Footage | 4800 |
| Acres | 0.11 |
| Year Built | 1900 |
| Type | Residential |
| Sub-Type | Multi Family |
| Style | Fourplex |
| Status | Active |
Community Information
| Address | 182 Lancaster Avenue |
|---|---|
| Area | Buffalo City |
| Subdivision | Elmwood Strip |
| City | Buffalo |
| County | Erie |
| State | NY |
| Zip Code | 14222 |
Amenities
| Utilities | Cable Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected, Electricity, Heat, Hot Water, Trash Collection |
|---|---|
| Features | Near Public Transit, Rectangular, Rectangular Lot |
| Parking | Paved, Two or More Spaces |
| Garages | Paved, Two or More Spaces |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet, Hardwood, Luxury Vinyl, Tile, Varies |
|---|---|
| Interior Features | Ceiling Fan(s), Entrance Foyer, Skylights, Natural Woodwork |
| Appliances | Gas Water Heater |
| Heating | Gas, Steam |
| Fireplace | Yes |
| # of Fireplaces | 2 |
| # of Stories | 3 |
| Stories | 3 |
| Has Basement | Yes |
| Basement | Full |
Exterior
| Exterior | Other, Wood Siding, PEX Plumbing |
|---|---|
| Exterior Features | Fence |
| Lot Description | Near Public Transit, Rectangular, Rectangular Lot |
| Windows | Leaded Glass, Skylight(s) |
| Roof | Asphalt |
| Construction | Other, Wood Siding, PEX Plumbing |
| Foundation | Stone |
School Information
| District | Buffalo |
|---|
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Realty WNY |
|---|---|
| Contact Info | 716-908-4212 |