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.
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.
Property Details
Price:
$360,000
MLS #:
B1684912
Status:
Active
Beds:
6
Baths:
4
Type:
Single Family
Subtype:
Duplex
Subdivision:
Holland Land Company’s Su
Neighborhood:
depewvillagelancaster145201
Listed Date:
May 28, 2026
Finished Sq Ft:
2,184
Total Sq Ft:
2,184
Lot Size:
7,600 sqft / 0.17 acres (approx)
Year Built:
1990
See this Listing
Schools
School District:
Depew
Interior
Appliances
Gas Water Heater
Bathrooms
2 Full Bathrooms, 2 Half Bathrooms
Cooling
Central Air
Flooring
Carpet, Varies, Vinyl
Heating
Gas, Forced Air
Laundry Features
Washer Hookup
Levels
Two
Exterior
Architectural Style
Duplex
Construction Materials
Brick, Block, Concrete, Vinyl Siding
Exterior Features
Deck
Lot Features
Rectangular, Rectangular Lot, Residential Lot
Parking Features
Two Or More Spaces
Patio And Porch Features
Deck
Roof
Asphalt
Stories
2
Financial
Taxes
$8,535
Map
Community
- Address48 Olanta Street Lancaster NY
- SubdivisionHolland Land Company’s Su
- CityLancaster
- CountyErie
- Zip Code14043
Subdivisions in Lancaster
- Autumn Park
- Autumnwood Sub
- Bellflower Village Condo
- Belltower Village Condo
- Belltower Village Condo A
- Blackstone Court
- Buffalo Crk Reservation
- Central Square Villas Con
- Cross Crk Sub
- Doe Haven Estates Ph 02
- Doe Haven Estates Ph I
- Fieldstream Estates
- Fieldstream/Forbes
- Fieldstream/Newport
- George Sub
- Glenridge Village Condo
- Glenridge Village Condo 0
- Hidden Mdw Sub-Ph 2
- Holland Land Co
- Holland Land Company’s Su
- Holland Land Companys
- Juniper Townhomes
- Lancaster
- Lancaster Terrace
- Palmer Heights Sub
- Palmer Hts Sub
- Pine Tree Farms
- Pinetree Farm
- Ridgecrest Condo
- Sandywood Circle
- Southpoint Div
- Town/Lancaster
- Village/Lancaster
Market Summary
Current real estate data for Single Family in Lancaster as of Jun 01, 2026
98
Single Family Listed
52
Avg DOM
210
Avg $ / SqFt
$401,631
Avg List Price
Property Summary
- Located in the Holland Land Company’s Su subdivision, 48 Olanta Street Lancaster NY is a Single Family for sale in Lancaster, NY, 14043. It is listed for $360,000 and features 6 beds, 4 baths, and has approximately 2,184 square feet of living space, and was originally constructed in 1990. The current price per square foot is $165. The average price per square foot for Single Family listings in Lancaster is $210. The average listing price for Single Family in Lancaster is $401,631. To schedule a showing of MLS#b1684912 at 48 Olanta Street in Lancaster, NY, contact your Concrete Jungle Realty agent at 3472420937.
Similar Listings Nearby
Courtesy of Realty ONE Group Empower. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the New York State Alliance of MLSs. Detailed information about real estate listings held by brokerage firms other than Concrete Jungle Realty include the name of the listing broker. Neither the listing company nor Concrete Jungle Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. New York State Alliance of MLSs. All rights reserved. 48 Olanta Street
Lancaster, NY



