Solid investment opportunity at 207 Palmer Street with long term tenants already in place. The downstairs tenant has occupied the unit for over 15 years and is currently on a month to month lease, with a desire to remain. The upstairs tenant has been in place for the past two years under a lease and would also like to stay, providing immediate and consistent rental income.
The property features separate utilities for each unit, making management straightforward and cost efficient. Vinyl replacement windows add to the overall value and efficiency of the home.
Located in the Lincoln and Persell School District, this property offers a dependable addition to any portfolio with strong tenant history and stability already established.
Turnkey investment with reliable cash flow from day one.
Closed
$85,000
207 Palmer St, Jamestown, NY 14701
4beds
1,394sqft
Duplex, Multi Family
Built in 1870
-- sqft lot
$85,600 Zestimate®
$61/sqft
$1,008 Estimated rent
Home value
$85,600
$76,000 - $96,000
$1,008/mo
Zestimate® history
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$1,008/mo
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$1,008/mo
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$508/mo
Est. payment
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$508/mo
Est. payment
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Vinyl replacement windows
Zillow last checked:
Listing updated:
Listed by:
Heather Shea-Canaley 716-708-5000,
ERA Team VP Real Estate
Bought with:
Heather Shea-Canaley, 10401281174
ERA Team VP Real Estate
Source: NYSAMLSs,MLS#: R1668924
Originating MLS: Chautauqua-Cattaraugus
Originating MLS: Chautauqua-CattaraugusFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric, Baseboard
Appliances
- Included: Electric Water Heater
Features
- Flooring: Carpet, Varies, Vinyl
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,394
- Total interior livable area: 1,394 sqft
Property
Parking
- Parking features: No Driveway
Lot
- Size: 5,998 Square Feet
- Dimensions: 50 x 120
- Features: Irregular Lot, Residential Lot
Details
- Parcel number: 0608003870130006006000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex, Multi Family
Materials
- Wood Siding
Condition
- Resale
- Year built: 1870
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Location
- Region: Jamestown
Financial & listing details
- Price per square foot: $61/sqft
- Tax assessed value: $27,000
- Annual tax amount: $1,414
- Date on market: 3/26/2026
- Cumulative days on market: 6 days
- Listing terms: Cash,Conventional
- Tenant pays: All Utilities
Price history
| Date | Event | Price |
|---|---|---|
| 5/28/2026 | Sold | $85,000-5.5%$61/sqft |
Source:  NYSAMLSs #R1668924 Report a problem | ||
| 4/6/2026 | Pending sale | $89,900$64/sqft |
Source: NYSAMLSs #R1668924 Report a problem | ||
| 4/1/2026 | Contingent | $89,900$64/sqft |
Source: NYSAMLSs #R1668924 Report a problem | ||
| 3/26/2026 | Listed for sale | $89,900+233%$64/sqft |
Source: NYSAMLSs #R1668924 Report a problem | ||
| 5/27/2010 | Sold | $27,000-32.4%$19/sqft |
Source: Public Record Report a problem | ||
| 10/14/2009 | Listed for sale | $39,921$29/sqft |
Source: CENTURY 21 Turner Brokers #1022965 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $27,000 |
| 2024 | -- | $27,000 |
| 2023 | -- | $27,000 |
| 2022 | -- | $27,000 |
| 2021 | -- | $27,000 |
| 2020 | -- | $27,000 |
| 2019 | -- | $27,000 |
| 2018 | -- | $27,000 |
| 2017 | $530 | $27,000 |
| 2016 | -- | $27,000 |
| 2015 | -- | $27,000 |
| 2014 | -- | $27,000 |
| 2013 | -- | $27,000 |
| 2012 | -- | $27,000 |
| 2011 | -- | $27,000 -35.7% |
| 2010 | -- | $42,000 |
| 2009 | -- | $42,000 |
| 2008 | -- | $42,000 |
| 2007 | -- | $42,000 |
| 2006 | -- | $42,000 +267.8% |
| 2005 | -- | $11,420 |
| 2004 | -- | $11,420 |
| 2003 | -- | $11,420 |
| 2002 | -- | $11,420 |
Find assessor info on the county website
Neighborhood: 14701
Nearby homes
- $---- bd-- ba-- sqft209 Palmer St, Jamestown, NY 14701Off Market
- $39,9005 bd2 ba1.6k sqft205 Palmer St, Jamestown, NY 14701For Sale
- $100-- bd-- ba-- sqftPalmer St, Jamestown, NY 14701Off Market
- $148,3004 bd3 ba3.4k sqft211 Palmer St, Jamestown, NY 14701Off Market
- $--2 bd1 ba-- sqft211 Palmer St #3, Jamestown, NY 14701Off Market
- $106,6003 bd1 ba1k sqft129 Palmer St, Jamestown, NY 14701Off Market
- $1,000-- bd-- ba-- sqftAdams St, Jamestown, NY 14701Off Market
- $1,000-- bd-- ba-- sqftAdams St, Jamestown, NY 14701Off Market
Nearby schools
GreatSchools rating
- 7/10Abraham Lincoln Elementary SchoolGrades: PK-4Distance: 0.1 mi
- 3/10Persell Middle SchoolGrades: 5-8Distance: 0.5 mi
- 3/10Jamestown High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Lincoln Elementary
- Middle: Persell Middle
- High: Jamestown High
- District: Jamestown
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- New York
- Chautauqua County
- Jamestown
- 14701
- 207 Palmer St
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