Active

$29,900

228 Forest Ave, Jamestown, NY 14701

3beds

2,080sqft

Duplex, Multi Family

Built in 1865

-- sqft lot

$-- Zestimate^®

$14/sqft

$-- HOA

What's special

Excellent opportunity to acquire a fully rented two-unit property offered below market value for a quick sale. This income-producing property provides immediate rental income from day one and is an ideal investment opportunity as a turnkey portfolio addition. Both units are currently occupied, offering established cash flow and no need to wait for lease-up. The property presents strong potential for long-term investment, with the opportunity to benefit from future appreciation and possible rent growth. As a first-time investment or portfolio expansion, this two-unit property offers affordability, immediate income and excellent value. Priced to sell quickly—don’t miss this opportunity to secure a fully rented investment property below market value.

32 days
667
54

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Gas, Baseboard, Forced Air

Appliances

Included: Gas Water Heater

Features

Flooring: Laminate, Varies, Vinyl
Basement: Walk-Out Access
Has fireplace: No

Interior area

Total structure area: 2,080
Total interior livable area: 2,080 sqft
Finished area below ground: 965

Property

Parking

Parking features: Two or More Spaces

Features

Levels: One
Stories: 1

Lot

Size: 4,782 Square Feet
Dimensions: 64 x 74
Features: Irregular Lot, Near Public Transit, Residential Lot

Details

Parcel number: 0608003870140008017000
Special conditions: Standard

Construction

Type & style

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

Materials

Wood Siding

Condition

Resale
Year built: 1865

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: $14/sqft
Tax assessed value: $16,000
Annual tax amount: $1,163
Date on market: 10/6/2026
Cumulative days on market: 13 days
Listing terms: Cash
Tenant pays: All Utilities

Estimated market value

Not available

Estimated sales range

Not available

$969/mo

Price history

Date	Event	Price
10/7/2026	Listed for sale	$29,900+171.8%$14/sqft
Source: NYSAMLSs #R1718641 Report a problem
1/16/2026	Sold	$11,000-44.7%$5/sqft
Source: NYSAMLSs #R1649652 Report a problem
11/18/2025	Pending sale	$19,900$10/sqft
Source: NYSAMLSs #R1649652 Report a problem
11/10/2025	Listed for sale	$19,900-26.3%$10/sqft
Source: NYSAMLSs #R1649652 Report a problem
9/15/2025	Sold	$27,000-9.7%$13/sqft
Source: NYSAMLSs #R1622227 Report a problem
8/11/2025	Pending sale	$29,900$14/sqft
Source: NYSAMLSs #R1622227 Report a problem
7/21/2025	Contingent	$29,900$14/sqft
Source: NYSAMLSs #R1622227 Report a problem
7/14/2025	Listed for sale	$29,900+75.9%$14/sqft
Source: NYSAMLSs #R1622227 Report a problem
10/1/2017	Listing removed	$17,000$8/sqft
Source: ERA Team VP Real Estate #1041959 Report a problem
1/13/2017	Listed for sale	$17,000+183.3%$8/sqft
Source: ERA Team VP Real Estate #1041959 Report a problem
8/4/2016	Sold	$6,000-76%$3/sqft
Source: Public Record Report a problem
2/3/2009	Sold	$25,000$12/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$16,000
2024	--	$16,000
2023	--	$16,000
2022	--	$16,000
2021	--	$16,000
2020	--	$16,000
2019	--	$16,000
2018	--	$16,000
2017	$314	$16,000
2016	--	$16,000
2015	--	$16,000
2014	--	$16,000
2013	--	$16,000
2012	--	$16,000
2011	--	$16,000
2010	--	$16,000
2009	--	$16,000
2008	--	$16,000
2007	--	$16,000
2006	--	$16,000 +259.6%
2005	--	$4,450