216 N 15th Street Olean, NY ^$ 99,000

216 N 15th Street

^$ 99,000

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Recently Listed

216 N 15th Street

Olean, NY, 14760

^$ 99,000

Bedrooms7 Baths3.0 Sq 2,370

Monthly Estimate*

^$ 618

216 N 15th Street, Olean, NY 14760 - Image 1

216 N 15th Street, Olean, NY 14760 - Image 2

216 N 15th Street, Olean, NY 14760 - Image 3

216 N 15th Street, Olean, NY 14760 - Image 4

216 N 15th Street, Olean, NY 14760 - Image 5

216 N 15th Street, Olean, NY 14760 - Image 6

216 N 15th Street, Olean, NY 14760 - Image 7

216 N 15th Street, Olean, NY 14760 - Image 8

216 N 15th Street, Olean, NY 14760 - Image 9

216 N 15th Street, Olean, NY 14760 - Image 10

216 N 15th Street, Olean, NY 14760 - Image 11

Multi-Family Home for sale in Olean, NY

for $99,000 with 7 bedrooms and 3 full baths. This 2,370 square foot home was built in 1912 on a lot size of 0.1998.

Great opportunity to own a well-maintained three-unit property with stable, long-term tenants already in place. This fully occupied building generates $1950 per month in gross rental income, making it an ideal addition to any investment portfolio or a perfect start for a first-time investor. Each unit offers comfortable living spaces, reliable rental history, and separate utilities except water, helping keep operating costs manageable. Located in a convenient area close to local amenities, employment centers, and transportation, this property continues to attract consistent tenant demand. Whether you're looking to expand your holdings or step into real estate investing, this turnkey asset delivers immediate income and long-term potential.

Multi-Family Active

Price

^$ 99,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 2,814

Style

Triplex

Lot Size

0.1998

Year Built

1912

Town/City

Olean

County/Region

Cattaraugus

MLS | Web ID

R1653704

Features

Interior

Interior Amenities PullDownAtticStairs

Basement Full SumpPump

Flooring Carpet Hardwood Varies Vinyl

Total Fireplaces 0

Total Stories 2

Basement (Y/N) Yes

Heating Y/N Yes

Fireplace Y/N No

Half Baths 0

Total Bedrooms 7

Main Level Bathrooms 0

Total Baths 3

General

Sewer Connected

Heating Gas Baseboard HotWater

Utilities SewerConnected WaterConnected

Possession CloseOfEscrow

Roof Asphalt

Appliances GasWaterHeater

Garage Spaces 0.0

Architectural Style Triplex

Construction Materials VinylSiding

School District Olean

Year Built 1912

Electric CircuitBreakers Fuses

Stories Count 2

Township Not Applicable

Levels Two

Property Subtype MultiFamily

Gross Income 23400.0

County Cattaraugus

Property Type Residential

Rent Includes Water

Full Baths 3

Status Active

City Olean

Senior Community Y/N No

High School District Olean

Number Of Units Total 3

MLS Area Olean-City-041200

Lot Size Units Acres

Lot Size Square Feet 8704.0

Year Built Details Existing

Tax Annual Amount 2814.0

Property Condition Resale

Standard Status Active

Middle/Junior School District Olean

Elementary School District Olean

Tax Assessed Value 52000

TaxOtherAnnualAssessmentAmount 0.0

Tax Lot 23

Exterior

Parking Features Common TwoOrMoreSpaces

Lot Features Rectangular RectangularLot ResidentialLot

Water Source Connected Public

Lot Size Area 0.1998

Foundation Details Block

Building Area Total 2370.0

Lot Dimensions 68X128

Lot Size Acres 0.1998

Waterfront Y/N No

Number of Separate Gas Meters 3

Number of Separate Electric Meters 3

Road Frontage Type CityStreet

Internal Only

Street Number 1 216

* Excluded Features

List By

Howard Hanna Professionals - Olean

Broker

(716) 353-3222

Phone

Affordability Calculator

$852

Per Month

Monthly Principal & Interest: $618
Monthly Property Taxes: $235
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 ^$111,227

Percent of Sale Price 12%

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.

3219381 Elementary School

3218948 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/6/2025	$99,000		Listed Price

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216 N 15th Street, Olean, NY, 14760 is a Multi-Family Home for sale at $99,000 with 2,370 sqft and a lot size of 0.1998. 216 N 15th Street has 7 bedrooms, 3.0 baths, and was built in 1912. 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 NYSAMLS. Real estate listings held by firms other than Weichert Realtors are marked with the IDX logo and detailed information about them includes the Listing Brokers 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 Weichert Realtors shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright 2025 All rights reserved.

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

Data is updated as of 12/8/2025.

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216 N 15th Street

Multi-Family Home for sale in Olean, NY

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