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.
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
- 78 days |
- 145 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
EXP-Premier Listings Team 888-276-0630,
Christine Calbi 716-907-7205,
Claudia Attard-Keary 716-307-8894,
EXP-Premier Listings Team
Source: NYSAMLSs,MLS#: R1673237
Originating MLS: Chautauqua-Cattaraugus
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
$1,626/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/20/2026 | Listed for sale | $35,000+483.3%$16/sqft |
Source: | ||
| 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 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 14760
Nearby schools
GreatSchools rating
- 4/10Olean Middle SchoolGrades: 3-8Distance: 0.6 mi
- 5/10Olean Senior High SchoolGrades: 8-12Distance: 0.5 mi
- 3/10East View Elementary SchoolGrades: PK-3Distance: 0.6 mi
Schools provided by the listing agent
- District: Olean
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- New York
- Cattaraugus County
- Olean
- 14760
- 305 Tompkins St






