Closed

$46,500

108 S 5th St, Olean, NY 14760

3beds

1,553sqft

Multi Family

Built in 1915

-- sqft lot

$44,100 Zestimate^®

$30/sqft

$1,108 Estimated rent

Home value

$44,100

Estimated sales range

Not available

$1,108/mo

Zestimate^® history

Owner options

List your home for rent

$1,108/mo

Rent Zestimate^®

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$1,108/mo

Rent Zestimate^®

Refinance and save

$292/mo

Est. payment

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$292/mo

Est. payment

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What's special

Easy street parking

Discover the perfect opportunity for investors or owner-occupants with this side-by-side duplex offering both convenience and potential. One unit boasts a long-standing tenant, providing immediate income, while the other is ready for your vision and a little TLC to bring it to its full potential. Located on a quiet stretch of S 5th Street, the property offers easy street parking and a layout that maximizes privacy for both units. Each side features its own entrance, making it ideal for renters or multi-generational living. With a bit of effort on one unit, you can unlock significant value and reap the benefits of steady rental income or comfortable living while your tenant helps cover expenses. Whether you're looking to add to your portfolio or step into property ownership, this duplex is a smart investment with plenty of upside.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Gas, Baseboard

Appliances

Included: Gas Water Heater

Features

Ceiling Fan(s)
Flooring: Carpet, Hardwood, Varies
Basement: Full
Has fireplace: No

Interior area

Total structure area: 1,553
Total interior livable area: 1,553 sqft

Property

Parking

Parking features: No Driveway, On Street

Features

Levels: Two
Stories: 2

Lot

Size: 1,921 sqft
Dimensions: 40 x 48
Features: Rectangular, Rectangular Lot, Residential Lot

Details

Parcel number: 04120009406400130150000000
Special conditions: Estate

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Composite Siding, Copper Plumbing

Condition

Resale
Year built: 1915

Utilities & green energy

Electric: Circuit Breakers
Sewer: Connected
Water: Connected, Public
Utilities for property: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected

Community & neighborhood

Location

Region: Olean

Other

Other facts

Listing terms: Cash,Conventional

Price history

Date	Event	Price
4/9/2025	Sold	$46,500-6.8%$30/sqft
Source: NYSAMLSs #R1585330 Report a problem
1/28/2025	Pending sale	$49,900$32/sqft
Source: NYSAMLSs #R1585330 Report a problem
1/22/2025	Listed for sale	$49,900+185.1%$32/sqft
Source: NYSAMLSs #R1585330 Report a problem
10/7/1996	Sold	$17,500$11/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$32,800
2024	--	$32,800
2023	--	$32,800
2022	--	$32,800
2021	--	$32,800
2020	--	$32,800
2019	--	$32,800
2018	--	$32,800
2017	$492	$32,800
2016	--	$32,800
2015	--	$32,800
2014	--	$32,800
2013	--	$32,800
2012	--	$32,800
2011	--	$32,800
2010	--	$32,800
2009	--	$32,800 +1244.3%
2008	--	$2,440
2007	--	$2,440 -45%
2006	--	$4,435
2005	--	$4,435
2004	--	$4,435
2002	--	$4,435
2001	--	$4,435