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167 Laverack Ave, Lancaster, NY, 14086

3beds
2baths
1,819sqft
$200,000
$110price/sqft
$1,653/moest. monthly cost
$66,120/yrincome needed

About This Home

Opportunity awaits with this versatile 2-family home, perfect for investors looking to expand their portfolio or owner-occupants seeking the benefits of rental income! Home professionally measured offering 1819 sq ft, each unit features a bright living and dining area, functional kitchen with appliances included, and the convenience of an in-unit laundry that offers the flexibility to be used as a home office or bedroom. The lower unit features a welcoming covered porch, while the upper unit offers a private balcony, ideal spots to relax and enjoy the outdoors. A concrete driveway provides ample off-street parking. Separate utilities & updated electrical. Whether you're looking to live in one unit and let the other help offset your mortgage or add an investment property to your portfolio, this duplex is full of potential.

Getting Around

42
WalkingCar-Dependent
0
TransitVery Limited Transit
44
BikeSomewhat Bikeable

Schools

8/10
4/10
Lancaster Middle SchoolGrades 7-81.0 mi
10/10
Lancaster High SchoolGrades 9-121.6 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1920

Materials

  • Roof: Asphalt
  • Construction materials: Brick,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Duplex
  • Property subType: Duplex,Multi Family

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Carpet,Hardwood,Varies

Heating

  • Heating features: Gas,Forced Air

Interior Area

  • Total structure area: 1,819
  • Total interior livable area: 1,819 sqft

Property

Details

  • Parcel number: 1452031041500001011100
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Balcony,Open,Porch
  • Exterior features: Balcony

Lot

  • Lot size: 8,751 sqft
  • Features: Rectangular,Rectangular Lot,Residential Lot
  • Lot size dimensions: 67 x 70

Parking

  • Parking features: Concrete

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Winter Weather
Inland Flooding
Tsunami

FEMA Declared Disasters in Erie County and New York

Flood
Severe Storm
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,011$12,132
Home Insurance *$56$672
Property Taxes $286$3,432
Electricity $300$3,607
Total$1,653$19,836
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$56,674/yr
40% on housing$49,590/yr
45% on housing$44,080/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.9%
6.9%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.9%
-0.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$110This listing

vs Other Active Listings

Avg $/sqft

ZIP 14086$228
Erie County$156

vs Homes Sold Last Month

Median $/sqft

ZIP 14086$227
Erie County$190

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-03Listed for sale$200,000
2026-07-25Contingent$200,000
2026-07-13Listed for sale$200,000
2025-12-01Sold$245,000
1997-01-10Sold$67,000

For Sale by Agent

AgentJenny Pfeiffer
BrokerageHoward Hanna WNY Inc.

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