Seller will consider offers between $14,900 and $24,900
Opportunity awaits at 1206 Spruce St, a versatile duplex located in the peaceful north end of Olean. Whether you’re an investor seeking a value-add rental property or a buyer looking to “house hack” by living in one unit and renting the other, this property is a fantastic find.
Offering a blank canvas, this duplex is ready for your personal touch—perfect for those who want to customize and build equity. With the bones already in place, it’s an ideal project for investors or handy buyers looking to capitalize on the rental market or affordable homeownership.
Located on a quiet street yet close to all the amenities Olean has to offer, this is a smart opportunity in a growing market.
Don’t miss your chance to make 1206 Spruce St your next investment or home base!
Active
Price cut: $10K (7/24)
$14,900
1206 Spruce St, Olean, NY 14760
4beds
1,950sqft
Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$8/sqft
$-- HOA
What's special
- 48 days |
- 1,329 |
- 95 |
Zillow last checked:
Listing updated:
Listed by:
eXp Realty 888-276-0630,
Ryan T Carney 716-307-4461
Source: NYSAMLSs,MLS#: B1696548
Originating MLS: Buffalo
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Gas, Wall Furnace
Appliances
- Included: Gas Water Heater
Features
- Flooring: Other, See Remarks
- Basement: Partial
- Has fireplace: No
Interior area
- Total structure area: 1,950
- Total interior livable area: 1,950 sqft
Property
Parking
- Parking features: One Space
Features
- Levels: Two
- Stories: 2
Lot
- Size: 3,920 Square Feet
- Dimensions: 33 x 132
- Features: Other, Rectangular, Rectangular Lot, See Remarks
Details
- Parcel number: 04120009404000030280000000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- Resale,Fixer
- Year built: 1920
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Location
- Region: Olean
Financial & listing details
- Price per square foot: $8/sqft
- Tax assessed value: $23,655
- Annual tax amount: $4,124
- Date on market: 7/7/2026
- Listing terms: Cash,Rehab Financing
- Tenant pays: All Utilities
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2026 | Price change | $14,900-40.2%$8/sqft |
Source: | ||
| 7/7/2026 | Listed for sale | $24,900$13/sqft |
Source: | ||
| 4/23/2026 | Pending sale | $24,900$13/sqft |
Source: | ||
| 4/23/2026 | Listed for sale | $24,900$13/sqft |
Source: | ||
| 2/24/2026 | Pending sale | $24,900$13/sqft |
Source: | ||
| 12/12/2025 | Price change | $24,900-28.7%$13/sqft |
Source: | ||
| 11/10/2025 | Listed for sale | $34,900-24%$18/sqft |
Source: | ||
| 9/20/2025 | Listing removed | $45,900$24/sqft |
Source: | ||
| 5/21/2025 | Listed for sale | $45,900+76.5%$24/sqft |
Source: | ||
| 9/9/2024 | Sold | $26,000-33.2%$13/sqft |
Source: | ||
| 2/13/2024 | Listing removed | -- |
Source: | ||
| 9/12/2023 | Listed for sale | $38,900$20/sqft |
Source: | ||
| 8/8/2023 | Listing removed | -- |
Source: | ||
| 8/8/2023 | Listed for sale | $38,900$20/sqft |
Source: | ||
| 5/25/2023 | Pending sale | $38,900$20/sqft |
Source: | ||
| 3/19/2023 | Listed for sale | $38,900+3.7%$20/sqft |
Source: | ||
| 3/12/2023 | Listing removed | -- |
Source: | ||
| 3/8/2023 | Listed for sale | $37,500$19/sqft |
Source: | ||
| 1/27/2023 | Pending sale | $37,500$19/sqft |
Source: | ||
| 11/11/2022 | Price change | $37,500-3.8%$19/sqft |
Source: | ||
| 9/12/2022 | Listed for sale | $39,000$20/sqft |
Source: | ||
| 6/17/2022 | Sold | $39,000$20/sqft |
Source: | ||
| 5/2/2022 | Pending sale | $39,000$20/sqft |
Source: | ||
| 4/13/2022 | Listed for sale | $39,000+11.4%$20/sqft |
Source: | ||
| 3/24/2022 | Listing removed | -- |
Source: Owner Report a problem | ||
| 3/19/2022 | Price change | $35,000-12.5%$18/sqft |
Source: Owner Report a problem | ||
| 2/25/2022 | Listed for sale | $40,000+81.8%$21/sqft |
Source: Owner Report a problem | ||
| 6/11/2015 | Sold | $22,000$11/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $23,655 |
| 2024 | -- | $23,655 |
| 2023 | -- | $23,655 |
| 2022 | -- | $23,655 |
| 2021 | -- | $23,655 |
| 2020 | -- | $23,655 |
| 2019 | -- | $23,655 |
| 2018 | -- | $23,655 |
| 2017 | $355 | $23,655 |
| 2016 | -- | $23,655 |
| 2015 | -- | $23,655 -32.4% |
| 2014 | -- | $35,000 |
| 2013 | -- | $35,000 |
| 2012 | -- | $35,000 |
| 2011 | -- | $35,000 |
| 2010 | -- | $35,000 |
| 2009 | -- | $35,000 +1415.2% |
| 2008 | -- | $2,310 |
| 2007 | -- | $2,310 |
| 2006 | -- | $2,310 |
| 2005 | -- | $2,310 |
| 2004 | -- | $2,310 |
| 2002 | -- | $2,310 |
| 2001 | -- | $2,310 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 14760
Nearby schools
GreatSchools rating
- 4/10Olean Middle SchoolGrades: 3-8Distance: 0.6 mi
- 6/10Olean Senior High SchoolGrades: 8-12Distance: 0.7 mi
- 3/10East View Elementary SchoolGrades: PK-3Distance: 1.4 mi
Schools provided by the listing agent
- District: Olean
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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