Active

$45,000

207 N 5th St, Olean, NY 14760

4beds

2,545sqft

Duplex, Multi Family

Built in 1900

-- sqft lot

$-- Zestimate^®

$18/sqft

$-- HOA

What's special

Dog park

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.

128 days

207

15

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Gas, Forced Air

Appliances

Included: Gas Water Heater

Features

Flooring: Hardwood, Laminate, Varies
Basement: Full
Has fireplace: No

Interior area

Total structure area: 2,545
Total interior livable area: 2,545 sqft

Property

Parking

Parking features: One Space

Features

Levels: Two
Stories: 2

Lot

Size: 5,758 Square Feet
Dimensions: 45 x 128
Features: Rectangular, Rectangular Lot, Residential Lot

Details

Parcel number: 04120009406400040380000000
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Duplex
Property subtype: Duplex, Multi Family

Materials

Wood Siding

Condition

Resale
Year built: 1900

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: $18/sqft
Tax assessed value: $37,500
Annual tax amount: $2,104
Date on market: 4/20/2026
Listing terms: Cash

Estimated market value

Not available

Estimated sales range

Not available

$1,565/mo

Price history

Date	Event	Price
4/20/2026	Listed for sale	$45,000+28.6%$18/sqft
Source: NYSAMLSs #R1673230 Report a problem
3/24/2021	Listing removed	--
Source: Owner Report a problem
10/23/2019	Listing removed	$700
Source: Owner Report a problem
9/22/2019	Listed for rent	$700
Source: Owner Report a problem
2/7/2000	Sold	$35,000$14/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$37,500
2024	--	$37,500
2023	--	$37,500
2022	--	$37,500
2021	--	$37,500
2020	--	$37,500
2019	--	$37,500
2018	--	$37,500
2017	$563	$37,500
2016	--	$37,500
2015	--	$37,500
2014	--	$37,500
2013	--	$37,500
2012	--	$37,500
2011	--	$37,500
2010	--	$37,500
2009	--	$37,500 +1101.9%
2008	--	$3,120 -52%
2007	--	$6,500
2006	--	$6,500
2005	--	$6,500
2004	--	$6,500
2002	--	$6,500
2001	--	$6,500