182 Lancaster Avenue, Buffalo, NY 14222

• 6 beds |
• 4 baths |
• 4,549 sqft

Property Description

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.

Listing Status:

Active

Date Added:

August 24, 2026

Data Last Updated:

October 8, 2026 at 6:15AM

Listing Office:

Keller Williams Realty WNY : 716-832-3300

Listing Agent:

Karina Stachowiak : 716-908-4212

Contact:

716-908-4212

MLS ID:

B1709491

Interior

• General: Ceiling Fan(s)Entrance FoyerSkylightsNatural Woodwork
• Appliances: Gas Water Heater
• Laundry: Common Area
• Basement: Full
• Flooring: CarpetHardwoodLuxury VinylTileVaries
• Heating: GasSteam
• Fireplace: FireplaceFireplaces: 2

Exterior

• General: Fence
• Style: Fourplex
• Other Structures: PorchCovered
• Parking: PavedTwo or More Spaces

Construction

• Roofing: Asphalt
• Windows: Leaded GlassSkylight(s)
• General: OtherWood SidingPEX Plumbing3Stone

Location

• Originating MLS: NYS_B
• School District: Buffalo
• County: Erie

Lot

• Zoning: 140200-100-220-0002-012-000
• Fencing: Partial

Utilities

• Utilities: Cable AvailableElectricity ConnectedHigh Speed Internet AvailableSewer ConnectedWater ConnectedCircuit Breakers
• Water: ConnectedPublic
• Sewer: Connected

Financial

• Source: NYS_B