Lackawanna Homes under $400,000

Lackawanna Homes under $400,000

Welcome to Lackawanna, New York, a hidden gem nestled in Erie County that perfectly balances suburban tranquility with urban accessibility. Located just a stone's throw away from the bustling city of Buffalo, Lackawanna offers a unique blend of small-town charm and modern convenience. With its rich history, vibrant community, and picturesque parks, it’s no wonder that families and young professionals alike are drawn to this delightful area.

One of the most appealing aspects of Lackawanna is its affordability. For those seeking a home under $400,000, this city presents a myriad of options that cater to various lifestyles and preferences. From cozy bungalows to spacious family homes, the real estate market here is diverse and inviting. Many properties boast charming architectural details, lush yards, and proximity to local amenities, making it easy to find your dream home without breaking the bank.

Lackawanna is not just about homes; it’s about community. Residents enjoy access to well-maintained parks, recreational facilities, and a rich tapestry of cultural events throughout the year. The city’s commitment to preserving its heritage while embracing progress makes it an ideal place to settle down. With excellent schools and a friendly atmosphere, Lackawanna is perfect for families looking to plant roots.

Whether you’re a first-time homebuyer or looking to invest in a growing community, Lackawanna offers an exceptional quality of life at an unbeatable value. Explore the possibilities today and discover why so many are proud to call this charming city home!

Newest Lackawanna Homes under $400,000

68 Parkview Avenue, Lackawanna
$229,900
5 Beds ⋅ 4 Baths ⋅ B1727224 MLS
Invest in a money making property. 3 Units all are rented. Street is across from the beautiful Botanical Gardens. Brand New metal roof (2026) On demand tankless water heater! Close to bus route and many amenities.

68 Parkview Avenue, Lackawanna
326-328 Ridgewood Circle, Lackawanna
$219,900
5 Beds ⋅ 2 Baths ⋅ B1725730 MLS
Rare opportunity to own a ranch-style, side-by-side duplex offering an ideal setup for owner-occupants, multi-generational living, or investors looking to expand their portfolio! Both units feature private entrances, off-street parking, separate utilities, and private basements with glass block windows. 326 Ridgewood offers an eat-in kitchen with oak cabinetry, included stove and refrigerator, two generously sized bedrooms, and a spacious living room featuring beautiful oak hardwood flooring and a sliding patio door leading to a private side yard. 328 Ridgewood features a large eat-in kitchen with included stove and refrigerator, three bedrooms, abundant storage, and a spacious living room with oak hardwood flooring and a sliding patio door leading to a private side yard. The two generously sized rear bedrooms offer large closets, with one providing direct access to a private rear deck—perfect for enjoying your morning coffee. Whether you're looking for an owner-occupied property, an in-law arrangement, or a solid addition to your investment portfolio, this versatile duplex offers plenty of possibilities!

326-328 Ridgewood Circle, Lackawanna
11 Michael Place, Lackawanna
$24,900
3 Beds ⋅ 1 Baths ⋅ B1727477 MLS
Looking for a winter project? Here it is. Turn this 3 bedroom, 1 bathroom home into the perfect winter project. Located on a dead-end street close to all amenities.

11 Michael Place, Lackawanna
91 Holbrook Street, Lackawanna
$64,900
2 Beds ⋅ 1 Baths ⋅ B1726557 MLS
Attention Investors! Hot Water Tank 2022, property sold as-is.

91 Holbrook Street, Lackawanna
1367 Electric Avenue, Lackawanna
$129,900
3 Beds ⋅ 1 Baths ⋅ B1726838 MLS
Nicely appointed 3 bedroom with bonus in-law opportunity with separate entrance in rear of home. Newer vinyl siding, windows, paint , carpets/ flooring and mechanicals . Nice yard and move in ready for owner occupy or investment. Offers reviewed Immediately on receipt!

1367 Electric Avenue, Lackawanna
64 Teresa Drive, Lackawanna
$199,000
3 Beds ⋅ 1 Baths ⋅ B1726352 MLS
Welcome to 64 Teresa Drive! This lovingly maintained home is situated in a quiet, desirable residential neighborhood. This three-bedroom, one-bath ranch has recently been painted on the interior and offers comfortable single-level living with numerous updates throughout. A quaint, open covered front porch welcomes you into the bright and spacious living room—an inviting space for entertaining or relaxing. The home features energy-efficient vinyl replacement windows, and beneath the existing wall-to-wall carpeting are pristine hardwood floors. To the left, the large kitchen and dining area provide plenty of room for gatherings or everyday meals. All kitchen appliances are included. Down the hall is an updated full bathroom, followed by three generously sized bedrooms, each offering large closets, gleaming hardwood floors, and abundant natural light. The basement is accessible from both the kitchen and the side garage entrance. It offers excellent storage or potential additional living space, along with laundry hookups, a utility tub, glass-block windows, and a recently updated electrical panel (2026). The washer, dryer, and new basement freezer are included. Additional updates include a furnace replaced in 2020 and a hot water tank replaced in 2018. The tandem garage features an additional rear garage door and screened panels, creating a versatile space for entertaining and enjoying the cooling breezes of Western New York. A concrete driveway provides ample parking and easy maintenance. Outside, the fully fenced rear yard is a blank canvas awaiting your ideas, while the attractive landscaping and well-maintained front lawn enhance the home’s curb appeal. The roof, siding, and vinyl windows are approximately 19–20 years old. Owned and lovingly cared for by the same owner, this charming home is ready for its next chapter. Offers will be reviewed as presented—Don't let this well-maintained home slip by!

64 Teresa Drive, Lackawanna
8 Warsaw Street, Lackawanna
$260,000
5 Beds ⋅ 2 Baths ⋅ B1726354 MLS
Welcome Home to 8 Warsaw Street! Move-In Ready Modern Living with Incredible Flexibility! A thoughtfully updated and remarkably versatile property designed to fit today’s lifestyle. Featuring a spacious layout with up to 5 Bedrooms, 2 FULL Bathrooms, and exceptional functional spaces makes this Absolute Move in condition and enjoy the benefits of all the major improvements. This home delivers comfort, style, and peace of mind backed by a comprehensive timeline of recent improvements: Exterior updates: completed between 2021–2022 and Interior updates: completed in 2026. Key Highlights: Flexible Living Spaces, Enjoy a versatile floor plan that includes a convenient first-floor bedroom and an upstairs bonus room, ideal for a home office, nursery, creative studio, or fifth bedroom. Stylish Interior: The main level boasts an open floor plan with formal dining space, a bright eat-in kitchen equipped with solid-surface counters and stainless-steel appliances, first-floor laundry, and a distinctive industrial-style wooden spiral staircase that serves as a stunning architectural centerpiece. Energy-Efficient and Secure with recent features and enhancements. Extensive Updates include: :new roof, operable Velux skylights, waterproof flooring, updated windows and doors, and efficient dual heating zones with a tankless water heater. modern electrical updates, high-efficiency spray-foam insulation, durable vinyl siding, fencing along the exterior perimeter, and a new concrete driveway. Exceptional Parking & Outdoor Space: Situated on a generous 40x148 lot, the property features inviting covered porches, private exterior perimeter fencing, and an unusually large detached 2.5-car+ garage, perfect for parking, storage, or a workshop. Offering incredible value and unmatched flexibility in today's market, 8 Warsaw St is a must-see. Don't just wish you lived here! Come VISIT and MAKE it HAPPEN! Fantastic location Close to most everything. Schedule your private tour today!

8 Warsaw Street, Lackawanna
373 - 379 Lincroft Road, Lackawanna
$350,000
8 Beds ⋅ 4 Baths ⋅ B1726727 MLS
Four rental units, all rented, ready to earn from day one. Every unit is a 2-bedroom, 1-bath with its own entrance, basement, and driveway. The building got major updates from 2019 through 2026, so big repairs shouldn't be on the horizon. It sits right next to a park — a real draw for renters. Here's the money side: about $40,800 in yearly rent, roughly $14,700 in yearly costs, which leaves around $26,000 a year. The tenants are month-to-month, so a new owner can reset rents or make changes as units come open. Steady income today, room to grow tomorrow — in a location renters want to be.

373 - 379 Lincroft Road, Lackawanna
361 - 367 Lincroft Road, Lackawanna
$320,000
8 Beds ⋅ 4 Baths ⋅ B1726634 MLS
This is a four-unit rental property that's already up and running. Three units are rented out, with one vacancy for a possible owner occupant or rent it out for even more income. Each unit has 2 bedrooms and 1 bathroom, with its own entrance, its own basement, and its own driveway. Two of the four units were renovated between 2024 and 2026. It also has a large side yard that adds to the property's potential. The numbers: it brings in about $32,400 a year in rent, costs about $16,300 a year to run, leaving roughly $16,600 a year in profit. The tenants are all on month-to-month leases, so you have flexibility to adjust rents or make changes as units turn over. This solid, steady earning property, in a very convenient location, is great for income now and the potential for even more growth over time.

361 - 367 Lincroft Road, Lackawanna
104 Maryknoll Drive, Lackawanna
$260,000
3 Beds ⋅ 2 Baths ⋅ B1726323 MLS
Welcome to 104 Maryknoll Drive! This beautifully maintained 3-bedroom, 1.5-bath raised/split-level ranch offers the perfect combination of comfort, updates, and outdoor living! Pride of ownership shines throughout, with many of the major improvements already completed for you. Enjoy peace of mind with a newer metal roof, siding, windows, furnace, central air conditioning, and updated electrical. Additional improvements include an updated kitchen, bathroom, appliances, and flooring. Step outside to your own private backyard oasis featuring an inviting in-ground pool, spacious concrete patio, and fully fenced yard perfect for entertaining or relaxing. Backing up to Smokes Creek with no rear neighbors, this property offers a peaceful setting surrounded by nature and a wide variety of wildlife. Enjoy watching the changing seasons and local wildlife right from your own backyard, creating a tranquil retreat that’s hard to find! The pool has also benefited from several updates, including a newer liner, pump, and filtration system. Whether you’re hosting summer gatherings, enjoying quiet evenings poolside, or simply taking in the natural surroundings, this backyard is truly something special. With major updates already completed and an incredible outdoor space, this well-cared-for home is ready for its next owner. Don’t miss your opportunity to make it yours!

104 Maryknoll Drive, Lackawanna
23 Michael Place, Lackawanna
$39,999
3 Beds ⋅ 1 Baths ⋅ B1724881 MLS
Calling all investors and flippers! Welcome to 23 Michaels Place! This 3-bedroom, 1-bathroom single-family home offers 1,134 square feet of living space and is priced to sell! Situated on a quiet dead-end street with a generously sized lot, this property presents an excellent opportunity for investors looking for their next project. With the right repairs and updates, this home has great potential as a fix-and-flip or long-term buy-and-hold investment. Bring your vision and unlock the possibilities this property has to offer!

23 Michael Place, Lackawanna
132 Madison Avenue, Lackawanna
$149,900
3 Beds ⋅ 1 Baths ⋅ B1725775 MLS
Welcome to 132 Madison Avenue in historic Bethlehem Park! This 3 bedroom, 1 bath home has good bones throughout and is ready for you to move right in - just bring your paint colors, not your contractor. The big-ticket items are already taken care of: the mechanicals are in great condition, and the sewer line was replaced in 2014, giving you peace of mind from day one. At this price point, it's a fantastic opportunity for first-time buyers, downsizers, or investors looking for a solid property in a convenient location. And location is where this one really shines. Stroll to The Mulberry Italian Ristorante, a beloved local favorite. About 6 minutes away you'll find Tifft Nature Preserve and the revitalized Buffalo Harbor State Park, with its splash pad, accessible playground, bike park, and Lake Erie shoreline, plus quick access to the new Outer Harbor concert venue. Cyclists can hop on the Outer Harbor bike path nearby and ride to the Queen City Bike Ferry for a quick crossing to Canalside. Commuting is a breeze, too. With Route 5 and Furman Boulevard right there, downtown Buffalo is about 10 minutes away, and you've got easy access south to Hamburg and the Southtowns. Whether it's waterfront summers, Canalside events, or a quick trip into the city, everything Buffalo has to offer is right at your doorstep. Don't miss this one! Open house 11/7 11-1pm

132 Madison Avenue, Lackawanna
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