48 Olanta Street Lancaster, NY $ 360,000
48 Olanta Street
$ 360,000
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48 Olanta Street

Lancaster, NY, 14043
$ 360,000
Bedrooms6 Baths2.2 Sq 2,184

Monthly Estimate*

$ 2,217

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Multi-Family Home for sale in Lancaster, NY

for $360,000 with 6 bedrooms and 2 full baths, 2 half baths. This 2,184 square foot home was built in 1990 on a lot size of 0.1745.

Rare opportunity to own a well-maintained side-by-side duplex in a highly desirable area of Depew. Duplexes in this location rarely become available, making this a great opportunity for both investors and owner-occupants. Each unit offers 3 bedrooms, 1.5 baths, eat-in kitchens with private deck access, separate basement space with laundry hookups, and private driveways. The right-side unit also features a newer sump pump installed in 2025. The property has been occupied by the same long-term tenants for many years and has been exceptionally well maintained throughout their occupancy. Tenants are currently month-to-month, with one occupying the property for approximately 30 years and the other for approximately 16 years. The right-side unit is expected to be vacant at the end of June. Current rents are below market value, with similar duplex units in the area typically renting for approximately $1,400-$1,800 per unit. Perfect opportunity to expand your investment portfolio or live in one unit while generating rental income from the other. Sellers reserve the right to set an offer deadline.

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Multi-Family Active

Price

$ 360,000

Bedrooms

6

Full Bath

2

Half Bath

2

Property Type

Multi-Family

Taxes

$ 8,535

Style

Duplex

Lot Size

0.1745

Year Built

1990

Town/City

Lancaster

County/Region

Erie

MLS | Web ID

B1684912

Features
General
Sewer Connected
Heating Gas ForcedAir
Cooling CentralAir
Utilities HighSpeedInternetAvailable SewerConnected WaterConnected
Possession CloseOfEscrow
Roof Asphalt
Appliances GasWaterHeater
Garage Spaces 0.0
Patio/Porch Features Deck
Architectural Style Duplex
Construction Materials Brick Block Concrete VinylSiding
School District Depew
Year Built 1990
Stories Count 2
Township Depew-Village
Levels Two
Property Subtype Duplex
County Erie
Property Type Residential
Subdivision Name Holland Land Company's Su
Rent Includes Water
Full Baths 2
Status Active
Directions Walden to Burlington to Olanta
City Lancaster
Senior Community Y/N No
High School District Depew
Number Of Units Total 2
MLS Area Depew Village-Lancaster-145201
Lot Size Units Acres
Lot Size Square Feet 7600.0
Year Built Details Existing
Tax Annual Amount 8535.0
Property Condition Resale
Structure Type Duplex
Standard Status Active
Middle/Junior School District Depew
Elementary School District Depew
Tax Assessed Value 204000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 33
Property Sub Type Additional Duplex
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Interior
Basement Full SumpPump
Flooring Carpet Varies Vinyl
Total Fireplaces 0
Total Stories 2
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Half Baths 2
Laundry Features WasherHookup
Total Bedrooms 6
Main Level Bathrooms 0
Total Baths 4
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Exterior
Exterior Amenities Deck
Parking Features TwoOrMoreSpaces
Lot Features Rectangular RectangularLot ResidentialLot
Water Source Connected Public
Lot Size Area 0.1745
Foundation Details Block
Building Area Total 2184.0
Lot Dimensions 76X100
Lot Size Acres 0.1745
Waterfront Y/N No
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
Road Frontage Type CityStreet
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Internal Only
Street Number 1 48
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* Excluded Features
List By
Realty One Group Empower

Broker

(716) 640-3748

Phone

Affordability Calculator

$2,928
Per Month
76%
24%
0%
Monthly Principal & Interest
$2,217
Monthly Property Taxes
$711
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3038193 Elementary School
3038289 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/28/2026$360,000 Listed Price

Map


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48 Olanta Street, Lancaster, NY, 14043 is a Multi-Family Home for sale at $360,000 with 2,184 sqft and a lot size of 0.1745. 48 Olanta Street has 6 bedrooms, 2.2 baths, and was built in 1990. The property's zip code is 14043 which is in Lancaster, NY