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About This Home
This 6-bedroom, 4-bathroom residential multi family at 182 Lancaster Avenue in Buffalo, NY is listed for $685,000 ($151 per sqft). Built in 1900, the home offers 4,549 sqft of living space on a 0.11 acres lot.
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, cafes, 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.
Key Features
- Built in 1900
- 0.11 acre lot
- 3 stories
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$3,664/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
182 Lancaster Avenue
Buffalo, NY 14222
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Pool Features
Heating
Appliances
Questions & Answers
This 6-bedroom, 4-bathroom residential multi family at 182 Lancaster Avenue is listed at $685,000 ($151/sqft). The estimated monthly payment is $2,968 based on 20% down at 6.5% interest.
Key features include: Built in 1900, 0.11 acre lot, 3 stories, Fireplace. Interior Features: CeilingFans, EntranceFoyer, Storage.
This property is listed by Karina Stachowiak and can be reached at 7169084212 or karinastachowiak@kw.com.





