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207 N 5th Street Olean, NY $ 45,000
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207 N 5th Street
$ 45,000
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207 N 5th Street

Olean, NY, 14760
$ 45,000
Bedrooms4 Baths2.0 Sq 2,545

Monthly Estimate*

$ 277

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Multi-Family Home for sale in Olean, NY

for $45,000 with 4 bedrooms and 2 full baths. This 2,545 square foot home was built in 1900 on a lot size of 0.1322.

Opportunity awaits in the heart of Olean! This two-unit property is a solid option for those looking to add to their portfolio or start building rental income. Featuring separate gas, electric, and water utilities, the setup allows for added convenience and flexibility. Just a short distance to a spacious community park featuring tennis courts, a dog park, and plenty of open recreational space. The property is priced to reflect the work needed, offering the chance to improve and maximize its potential. With the right updates, this could become a strong income-producing asset. Conveniently located near local amenities, shopping, and dining, this property combines location, value, and opportunity—an ideal project for those ready to make it their own.

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Multi-Family Active

Price

$ 45,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,104

Style

Duplex

Lot Size

0.1322

Year Built

1900

Town/City

Olean

County/Region

Cattaraugus

MLS | Web ID

R1673230
Features
General
Sewer Connected
Heating Gas ForcedAir
Utilities SewerConnected WaterConnected
Possession CloseOfEscrow
Appliances GasWaterHeater
Garage Spaces 0.0
Architectural Style Duplex
Construction Materials WoodSiding
School District Olean
Year Built 1900
Stories Count 2
Township Not Applicable
Levels Two
Property Subtype MultiFamily
County Cattaraugus
Property Type Residential
Rent Includes Water
Full Baths 2
Status Active
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 5760.0
Year Built Details Existing
Tax Annual Amount 2104.0
Property Condition Resale
Standard Status Active
Middle/Junior School District Olean
Elementary School District Olean
Tax Assessed Value 37500
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 38
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Interior
Basement Full
Flooring Hardwood Laminate 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 2
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Exterior
Parking Features OneSpace
Lot Features Rectangular RectangularLot ResidentialLot
Water Source Connected Public
Lot Size Area 0.1322
Building Area Total 2545.0
Lot Dimensions 45X128
Lot Size Acres 0.1322
Waterfront Y/N No
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
Road Frontage Type CityStreet
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Internal Only
Street Number 1 207
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* Excluded Features
List By
Exp-Premier Listings Team

Broker

(716) 907-7205

Phone

Affordability Calculator

$452
Per Month
61%
39%
0%
Monthly Principal & Interest
$277
Monthly Property Taxes
$175
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
3219381 Elementary School
3218948 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/20/2026$45,000 Listed Price

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207 N 5th Street, Olean, NY, 14760 is a Multi-Family Home for sale at $45,000 with 2,545 sqft and a lot size of 0.1322. 207 N 5th Street has 4 bedrooms, 2.0 baths, and was built in 1900. The property's zip code is 14760 which is in Olean, NY

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