1313 Reed Street Olean, NY ^$ 59,000

1313 Reed Street

^$ 59,000

Back to search

Recently Listed

1313 Reed Street

Olean, NY, 14760

^$ 59,000

Bedrooms4 Baths2.0 Sq 1,666

Monthly Estimate*

^$ 363

1313 Reed Street, Olean, NY 14760 - Image 1

1313 Reed Street, Olean, NY 14760 - Image 2

1313 Reed Street, Olean, NY 14760 - Image 3

1313 Reed Street, Olean, NY 14760 - Image 4

1313 Reed Street, Olean, NY 14760 - Image 5

1313 Reed Street, Olean, NY 14760 - Image 6

1313 Reed Street, Olean, NY 14760 - Image 7

1313 Reed Street, Olean, NY 14760 - Image 8

1313 Reed Street, Olean, NY 14760 - Image 9

1313 Reed Street, Olean, NY 14760 - Image 10

1313 Reed Street, Olean, NY 14760 - Image 11

1313 Reed Street, Olean, NY 14760 - Image 12

1313 Reed Street, Olean, NY 14760 - Image 13

1313 Reed Street, Olean, NY 14760 - Image 14

1313 Reed Street, Olean, NY 14760 - Image 15

1313 Reed Street, Olean, NY 14760 - Image 16

1313 Reed Street, Olean, NY 14760 - Image 17

1313 Reed Street, Olean, NY 14760 - Image 18

1313 Reed Street, Olean, NY 14760 - Image 19

1313 Reed Street, Olean, NY 14760 - Image 20

1313 Reed Street, Olean, NY 14760 - Image 21

1313 Reed Street, Olean, NY 14760 - Image 22

1313 Reed Street, Olean, NY 14760 - Image 23

1313 Reed Street, Olean, NY 14760 - Image 24

1313 Reed Street, Olean, NY 14760 - Image 25

1313 Reed Street, Olean, NY 14760 - Image 26

1313 Reed Street, Olean, NY 14760 - Image 27

1313 Reed Street, Olean, NY 14760 - Image 28

1313 Reed Street, Olean, NY 14760 - Image 29

1313 Reed Street, Olean, NY 14760 - Image 30

Multi-Family Home for sale in Olean, NY

for $59,000 with 4 bedrooms and 2 full baths. This 1,666 square foot home was built in 1892 on a lot size of 0.1028.

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. This property offers a closed in backyard with parking options. 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.

Multi-Family Active

Price

^$ 59,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 2,441

Style

Duplex

Lot Size

0.1028

Year Built

1892

Town/City

Olean

County/Region

Cattaraugus

MLS | Web ID

R1673225

Features

General

Sewer Connected

Heating Gas ForcedAir

Utilities SewerConnected WaterConnected

Possession CloseOfEscrow

Appliances GasWaterHeater

Garage Spaces 0.0

Architectural Style Duplex

Construction Materials Other SeeRemarks PreCastConcrete

School District Olean

Year Built 1892

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 4480.0

Year Built Details Existing

Tax Annual Amount 2441.0

Property Condition Resale

Standard Status Active

Middle/Junior School District Olean

Elementary School District Olean

Tax Assessed Value 43500

TaxOtherAnnualAssessmentAmount 0.0

Tax Lot 16

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

Exterior

Parking Features OneSpace

Lot Features Rectangular RectangularLot ResidentialLot

Water Source Connected Public

Lot Size Area 0.1028

Building Area Total 1666.0

Lot Dimensions 40X112

Lot Size Acres 0.1028

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 1313

* Excluded Features

List By

Exp-Premier Listings Team

Broker

(716) 907-7205

Phone

Affordability Calculator

$567

Per Month

Monthly Principal & Interest: $363
Monthly Property Taxes: $203
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Olean, NY

Average List Price ^$91,700

Percent of Sale Price 55%

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
4/20/2026	$59,000		Listed Price

Map

More homes like this one

homes for you

See all

1313 Reed Street, Olean, NY, 14760 is a Multi-Family Home for sale at $59,000 with 1,666 sqft and a lot size of 0.1028. 1313 Reed Street has 4 bedrooms, 2.0 baths, and was built in 1892. 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 6.25% 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.

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 2026 All rights reserved.

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

Data is updated as of 4/21/2026.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

1313 Reed Street

Multi-Family Home for sale in Olean, NY

Affordability Calculator

Map

More homes like this one

Get more info about this home