128 S 8th Street Olean, NY ^$ 73,000

128 S 8th Street

^$ 73,000

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128 S 8th Street

Olean, NY, 14760

^$ 73,000

Bedrooms5 Baths2.1 Sq 2,448

Monthly Estimate*

^$ 455

128 S 8th Street, Olean, NY 14760 - Image 1

128 S 8th Street, Olean, NY 14760 - Image 2

128 S 8th Street, Olean, NY 14760 - Image 3

128 S 8th Street, Olean, NY 14760 - Image 4

128 S 8th Street, Olean, NY 14760 - Image 5

Multi-Family Home for sale in Olean, NY

for $73,000 with 5 bedrooms and 2 full baths, 1 half bath. This 2,448 square foot home was built in 1910 on a lot size of 0.1469.

Offered for sale is this solid duplex in the heart of Olean. The lower has three bedrooms, one and a half baths, hot water baseboard heat, laundry hookups. The upper has two bedrooms (with a possible third) one bath, forced air gas heat and laundry hookups. Upper apartment has two means of egress. Separate electric, gas, and water meters. A strong rental market here promises good occupancy rates. Tenants enjoy all the amenities of city living; close to shops, restaurants, public transportation, and government offices. Good rental history and below market rents leave room for income growth. This will make a great addition to any rental portfolio!

Multi-Family Active

Price

^$ 73,000

Bedrooms

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 3,479

Style

MultiFamily

Lot Size

0.1469

Year Built

1910

Town/City

Olean

County/Region

Cattaraugus

MLS | Web ID

B1640549

Features

Interior

Interior Amenities NaturalWoodwork

Basement Full

Flooring Hardwood Varies Vinyl

Total Fireplaces 0

Total Stories 2

Basement (Y/N) Yes

Heating Y/N Yes

Fireplace Y/N No

Half Baths 1

Laundry Features WasherHookup

Total Bedrooms 5

Main Level Bathrooms 0

Total Baths 3

General

Sewer Connected

Heating Gas ForcedAir HotWater

Utilities HighSpeedInternetAvailable SewerConnected WaterConnected

Possession CloseOfEscrow

Roof Shingle

Appliances GasWaterHeater

Garage Spaces 0.0

Construction Materials WoodSiding

School District Olean

Year Built 1910

Electric CircuitBreakers

Stories Count 2

Township Not Applicable

Levels Two

Property Subtype MultiFamily

County Cattaraugus

Property Type Residential

Rent Includes Water

Full Baths 2

Status Active

Directions From West State St in Olean turn onto South 8th St. Property is on the right. Sign in front.

City Olean

Senior Community Y/N No

High School District Olean

Number Of Units Total 2

MLS Area Olean-City-041200

Lot Size Units Acres

Lot Size Square Feet 6400.0

Year Built Details Existing

Tax Annual Amount 3479.0

Property Condition Resale

Standard Status Active

Middle/Junior School District Olean

Elementary School District Olean

Tax Assessed Value 62000

TaxOtherAnnualAssessmentAmount 0.0

Tax Lot 44

Exterior

Parking Features TwoOrMoreSpaces

Lot Features NearPublicTransit Rectangular RectangularLot ResidentialLot

Water Source Connected Public

Lot Size Area 0.1469

Building Area Total 2448.0

Lot Dimensions 50X128

Lot Size Acres 0.1469

Waterfront Y/N No

Number of Separate Gas Meters 2

Number of Separate Electric Meters 2

Road Frontage Type CityStreet

Internal Only

Street Number 1 128

* Excluded Features

List By

Re/Max On Point

Broker

(716) 244-0594

Phone

Affordability Calculator

$745

Per Month

Monthly Principal & Interest: $455
Monthly Property Taxes: $290
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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

Trends
Schools

Multi-family listings in Olean, NY

Average List Price ^$106,170

Percent of Sale Price 45%

About Olean, NY

18,368 Population

-9% Since 2002

^$45,156 Median Income

40.82 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3038230 Elementary School

3038160 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/2/2025	$73,000	-8.75%	Price Down
9/26/2025	$80,000		Listed Price

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128 S 8th Street, Olean, NY, 14760 is a Multi-Family Home for sale at $73,000 with 2,448 sqft and a lot size of 0.1469. 128 S 8th Street has 5 bedrooms, 2.1 baths, and was built in 1910. The property's zip code is 14760 which is in Olean, NY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, powered by CNYIS. Real estate listings held by firms other than Weichert Realtors are marked with the IDX logo and detailed information about them includes the Listing Broker's Firm Name.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this site's owner shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

Fair Housing Notice (FHN)-https://www.dos.ny.gov/licensing/docs/FairHousingNotice_new.pdf

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128 S 8th Street

Multi-Family Home for sale in Olean, NY

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