Seize this incredible opportunity to acquire a well-maintained, income-generating real estate portfolio in Olean, NY. This package includes five properties, consisting of a mix of multi-family units, totaling 11 rental units. With a strong rental history and consistent cash flow, this portfolio is perfect for both seasoned investors looking to expand their holdings and newcomers seeking a solid, diversified entry into the market. Included in this portfolio are 201 N 18th St (3-unit), 206 S 13th St (2-unit), 753-755 Garden Ave (2-unit), 125 N 3rd St (2-unit), and 217 King St (2-unit). These properties are located in strong rental demand areas, ensuring a steady stream of income. With a combination of multi-family and single-family units, this portfolio offers a diverse investment strategy, reducing risk while maximizing potential returns. Priced at $419,000 this investment presents a great cap rate opportunity with room for increased cash flow through strategic management. The Olean rental market remains strong and stable, making this an attractive long-term investment. Don’t miss out on this turnkey portfolio
Pending
$145,000
201 N 18th St, Olean, NY 14760
3beds
1,342sqft
Multi Family
Built in 1985
-- sqft lot
$-- Zestimate®
$108/sqft
$-- HOA
What's special
- 22 days |
- 510 |
- 22 |
Zillow last checked:
Listing updated:
Listed by:
Howard Hanna Professionals - Olean 716-372-1155,
Regis Handley 716-307-9256
Source: NYSAMLSs,MLS#: R1691388
Originating MLS: Chautauqua-Cattaraugus
Originating MLS: Chautauqua-CattaraugusFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Electric, Baseboard
Appliances
- Included: Electric Water Heater
Features
- Flooring: Hardwood, Varies
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,342
- Total interior livable area: 1,342 sqft
Property
Parking
- Total spaces: 1
- Parking features: Two or More Spaces
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
Lot
- Size: 4,199 Square Feet
- Dimensions: 40 x 105
- Features: Rectangular, Rectangular Lot, Residential Lot
Details
- Parcel number: 04120009405500020200000000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- Resale
- Year built: 1985
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: $108/sqft
- Tax assessed value: $75,000
- Annual tax amount: $4,305
- Date on market: 6/16/2026
- Cumulative days on market: 23 days
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
$1,236/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/4/2026 | Pending sale | $145,000$108/sqft |
Source:  NYSAMLSs #R1691388 Report a problem | ||
| 6/16/2026 | Listed for sale | $145,000$108/sqft |
Source: NYSAMLSs #R1691388 Report a problem | ||
| 11/4/2025 | Listing removed | $145,000$108/sqft |
Source: NYSAMLSs #R1591964 Report a problem | ||
| 9/13/2025 | Price change | $145,000-69.4%$108/sqft |
Source: NYSAMLSs #R1591964 Report a problem | ||
| 8/24/2025 | Price change | $474,000-17.4%$353/sqft |
Source: NYSAMLSs #R1591964 Report a problem | ||
| 7/15/2025 | Price change | $574,000-4.2%$428/sqft |
Source: NYSAMLSs #R1591964 Report a problem | ||
| 3/13/2025 | Listed for sale | $599,000+3040.7%$446/sqft |
Source: NYSAMLSs #R1591964 Report a problem | ||
| 5/27/2009 | Sold | $19,072$14/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $75,000 |
| 2024 | -- | $75,000 |
| 2023 | -- | $75,000 |
| 2022 | -- | $75,000 +25% |
| 2021 | -- | $60,000 |
| 2020 | -- | $60,000 |
| 2019 | -- | $60,000 |
| 2018 | -- | $60,000 |
| 2017 | $1,244 | $60,000 |
| 2016 | -- | $60,000 |
| 2015 | -- | $60,000 |
| 2014 | -- | $60,000 |
| 2013 | -- | $60,000 |
| 2012 | -- | $60,000 |
| 2011 | -- | $60,000 |
| 2010 | -- | $60,000 |
| 2009 | -- | $60,000 +900% |
| 2008 | -- | $6,000 |
| 2007 | -- | $6,000 |
| 2006 | -- | $6,000 |
| 2005 | -- | $6,000 |
| 2004 | -- | $6,000 |
| 2002 | -- | $6,000 |
| 2001 | -- | $6,000 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 14760
Nearby schools
GreatSchools rating
- 2/10Washington West Elementary SchoolGrades: PK-3Distance: 0.1 mi
- 5/10Olean Senior High SchoolGrades: 8-12Distance: 0.9 mi
- 4/10Olean Middle SchoolGrades: 3-8Distance: 0.9 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.
A local agent can set up tours, give advice and negotiate with sellers.
- New York
- Cattaraugus County
- Olean
- 14760
- 201 N 18th St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Olean Topics
