Prime Investment Opportunity in North Olean!
Nestled in the heart of North Olean, this 3-unit property offers incredible potential for investors or owner-occupiers. Located just around the corner from Olean Intermediate Middle School and a short stroll to Downtown Olean, this property provides convenience and accessibility in a highly desirable area.
Each unit features separate heating systems, ensuring tenant independence and utility efficiency. The property also includes off-street parking, updated electrical panels, and solid rental layouts.
One unit is currently vacant, presenting a fantastic opportunity for an owner-occupier to enjoy the benefits of homeownership while generating rental income—or simply lease the space for additional revenue.
Whether you’re a seasoned investor or just starting your real estate journey, this property offers a combination of location, flexibility, and income potential that is hard to beat.
Closed
$84,900
301 Coleman St, Olean, NY 14760
4beds
2,764sqft
Triplex, Multi Family
Built in 1880
-- sqft lot
$70,900 Zestimate®
$31/sqft
$1,069 Estimated rent
Home value
$70,900
$59,000 - $85,000
$1,069/mo
Zestimate® history
Owner options
List your home for rent
$1,069/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,069/mo
Rent Zestimate®
Refinance and save
$532/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$532/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Paul Pezzimenti 716-378-7039,
Howard Hanna Professionals - Olean
Bought with:
Amy Chan, 10401328741
Landquest Inc.
Source: NYSAMLSs,MLS#: R1585456
Originating MLS: Chautauqua-Cattaraugus
Originating MLS: Chautauqua-CattaraugusFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Gas, Forced Air, Space Heater
Appliances
- Included: Gas Water Heater
Features
- Ceiling Fan(s)
- Flooring: Carpet, Varies, Vinyl
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,764
- Total interior livable area: 2,764 sqft
Property
Parking
- Parking features: Common, On Street, Two or More Spaces
Features
- Levels: Two
- Stories: 2
Lot
- Size: 7,522 sqft
- Dimensions: 66 x 114
- Features: Corner Lot, Rectangular, Rectangular Lot, Residential Lot
Details
- Parcel number: 04120009405700010130000000
- Special conditions: Estate
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Triplex
- Property subtype: Triplex, Multi Family
Materials
- Composite Siding, Copper Plumbing
- Foundation: Stone
Condition
- Resale
- Year built: 1880
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Olean
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2026 | Sold | $84,900+6.3%$31/sqft |
Source:  NYSAMLSs #R1585456 Report a problem | ||
| 1/28/2025 | Pending sale | $79,900$29/sqft |
Source: NYSAMLSs #R1585456 Report a problem | ||
| 1/23/2025 | Listed for sale | $79,900$29/sqft |
Source: NYSAMLSs #R1585456 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $45,000 |
| 2024 | -- | $45,000 |
| 2023 | -- | $45,000 |
| 2022 | -- | $45,000 |
| 2021 | -- | $45,000 |
| 2020 | -- | $45,000 |
| 2019 | -- | $45,000 |
| 2018 | -- | $45,000 |
| 2017 | $675 | $45,000 |
| 2016 | -- | $45,000 |
| 2015 | -- | $45,000 |
| 2014 | -- | $45,000 |
| 2013 | -- | $45,000 |
| 2012 | -- | $45,000 |
| 2011 | -- | $45,000 |
| 2010 | -- | $45,000 |
| 2009 | -- | $45,000 +984.3% |
| 2008 | -- | $4,150 |
| 2007 | -- | $4,150 |
| 2006 | -- | $4,150 |
| 2005 | -- | $4,150 |
| 2004 | -- | $4,150 |
| 2002 | -- | $4,150 |
| 2001 | -- | $4,150 |
Find assessor info on the county website
Neighborhood: 14760
Nearby schools
GreatSchools rating
- 4/10Olean Middle SchoolGrades: 3-8Distance: 0.2 mi
- 5/10Olean Senior High SchoolGrades: 8-12Distance: 0.3 mi
- 3/10East View Elementary SchoolGrades: PK-3Distance: 1 mi
Schools provided by the listing agent
- Elementary: Washington West Elementary
- Middle: Olean Middle
- High: Olean Senior High
- District: Olean
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- New York
- Cattaraugus County
- Olean
- 14760
- 301 Coleman St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Olean Topics
