Active

$35,000

305 Tompkins St, Olean, NY 14760

5beds

2,256sqft

Multi Family

Built in 1910

-- sqft lot

$-- Zestimate^®

$16/sqft

$-- HOA

What's special

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. Positioned just off the parking area of Jamestown Community College, this location adds to the property’s overall accessibility and visibility. 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.

126 days

195

20

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2
Full bathrooms: 2

Heating

Gas, Hot Water

Appliances

Included: Gas Water Heater

Features

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

Interior area

Total structure area: 2,256
Total interior livable area: 2,256 sqft

Property

Parking

Parking features: One Space

Features

Levels: Two
Stories: 2

Lot

Size: 3,362 Square Feet
Dimensions: 29 x 116
Features: Rectangular, Rectangular Lot, Residential Lot

Details

Parcel number: 04120009406500040510000000
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Other, See Remarks

Condition

Resale
Year built: 1910

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: $16/sqft
Tax assessed value: $28,800
Annual tax amount: $1,617
Date on market: 4/20/2026
Listing terms: Cash

Estimated market value

Not available

Estimated sales range

Not available

$1,465/mo

Price history

Date	Event	Price
4/20/2026	Listed for sale	$35,000+483.3%$16/sqft
Source: NYSAMLSs #R1673237 Report a problem
6/5/2007	Sold	$6,000-81.3%$3/sqft
Source: Public Record Report a problem
8/28/1996	Sold	$32,000$14/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$28,800
2024	--	$28,800
2023	--	$28,800
2022	--	$28,800
2021	--	$28,800
2020	--	$28,800
2019	--	$28,800
2018	--	$28,800
2017	$2,136	$28,800
2016	--	$28,800
2015	--	$28,800
2014	--	$28,800
2013	--	$28,800
2012	--	$28,800
2011	--	$28,800
2010	--	$28,800
2009	--	$28,800 +764.9%
2008	--	$3,330
2007	--	$3,330
2006	--	$3,330
2005	--	$3,330
2004	--	$3,330
2002	--	$3,330
2001	--	$3,330