1507 W State Street Olean, NY ^$ 179,000

1507 W State Street

^$ 179,000

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1507 W State Street

Olean, NY, 14760

^$ 179,000

Bedrooms4 Baths3.0 Sq 2,587

Monthly Estimate*

^$ 1,117

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Multi-Family Home for sale in Olean, NY

for $179,000 with 4 bedrooms and 3 full baths. This 2,587 square foot home was built in 1910 on a lot size of 0.1969.

Well maintained 3 unit multi family apartment centrally located in Olean. 2 lower aprtments are 1 bedroom, 1 bathroom and are always filled. The upper apartment has 2 bedrooms , 1 bathroom and 1 office which could be used as a 3rd bedroom. This apartment building has hardwood floors throughout, High ceilings, newer electric. Washer and dryer for each apartment. The apartment is located on a double lot with 2 long standing commercial businesses on each side. Very valuable Real Estate. The lot is big enough to add a 3rd or 4th unit.This apartment building turn key and an instant money maker. The reason the owner is selling is his advanced age.

Multi-Family Pending

Price

^$ 179,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 3,058

Style

Triplex

Lot Size

0.1969

Year Built

1910

Town/City

Olean

County/Region

Cattaraugus

MLS | Web ID

B1649894

Features

General

Sewer Connected

Heating Gas ForcedAir WallFurnace

Utilities SewerConnected WaterConnected

Possession CloseOfEscrow

Roof Asphalt

Appliances GasWaterHeater

Garage Spaces 0.0

Architectural Style Triplex

Construction Materials AluminumSiding ShakeSiding

School District Olean

Year Built 1910

Tenant Pays AllUtilities

Stories Count 2

Township Not Applicable

Levels Two

Property Subtype MultiFamily

County Cattaraugus

Property Type Residential

Full Baths 3

Status Pending

City Olean

Senior Community Y/N No

High School District Olean

Zoning Description Residential Multi Use

Number Of Units Total 3

MLS Area Olean-City-041200

Lot Size Units Acres

Lot Size Square Feet 13128.0

Year Built Details Existing

Tax Annual Amount 3058.0

Property Condition Resale

Standard Status Pending

Middle/Junior School District Olean

Elementary School District Olean

Tax Assessed Value 54500

TaxOtherAnnualAssessmentAmount 0.0

Tax Lot 19

Interior

Basement Partial

Flooring Carpet Hardwood Varies

Total Fireplaces 0

Total Stories 2

Basement (Y/N) Yes

Heating Y/N Yes

Fireplace Y/N No

Half Baths 0

Total Bedrooms 4

Main Level Bathrooms 0

Total Baths 3

Exterior

Parking Features ParkingAvailable

Lot Features CornerLot Rectangular RectangularLot

Water Source Connected Public

Lot Size Area 0.1969

Foundation Details Poured

Building Area Total 2587.0

Lot Dimensions 67X128

Lot Size Acres 0.1969

Waterfront Y/N No

Number of Separate Gas Meters 3

Number of Separate Electric Meters 3

Road Frontage Type MainThoroughfare

Internal Only

Street Number 1 1507

* Excluded Features

List By

3D Real Estate Llc

Broker

(716) 307-2300

Phone

Affordability Calculator

$1,372

Per Month

Monthly Principal & Interest: $1,117
Monthly Property Taxes: $255
Monthly Home Insurance: --

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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 41%

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
11/8/2025	$179,000		Listed Price

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1507 W State Street, Olean, NY, 14760 is a Multi-Family Home for sale at $179,000 with 2,587 sqft and a lot size of 0.1969. 1507 W State Street has 4 bedrooms, 3.0 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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1507 W State Street

Multi-Family Home for sale in Olean, NY

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