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Sold for $1,250,000
  • $1,250,000

    318 E Olive Street, Long Beach, NY 11561

    6beds
    3,192sqft
    Duplex, Multi Family
    Built in 1996
    -- sqft lot
    $1,309,200 Zestimate®
    $392/sqft
    $3,842 Estimated rent

    Home value

    $1,309,200

    $1.18M - $1.45M

    $3,842/mo

    Zestimate® history
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    $3,842/mo

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    $3,842/mo

    Rent Zestimate®

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    $8,218/mo

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    $8,218/mo

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    What's special

    Legal multi-family with two spacious, stylish units, each offering 3 bedrooms, 2 full baths, a private deck, in-unit washer/dryer, and a cozy wood-burning fireplace (6 beds/4 baths total). The layout provides comfort, privacy, and versatility for a variety of living arrangements. A full basement adds even more space, featuring a wet bar, living area, two additional rooms, and a separate entrance - ideal for a home office, guest suite, or entertainment/hobby space. Additional highlights include a two-car garage, private backyard, and a brand-new outdoor shower! Whether you’re an investor seeking rental income, planning for multi-generational living, or dreaming of owning a beachside home while renting the other unit to offset your mortgage, this property offers endless possibilities. Located in a prime Long Beach location just minutes to the LIRR, major parkways, shopping, dining, cafes, boutiques, and fitness studios and only half a mile to the golden sandy beach. Don’t just dream of beach living, make it your reality!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jennifer McConnell 516-987-9688,

    BERKSHIRE HATHAWAY 516-431-0828

    Bought with:

    Jennifer McConnell, 10301215201

    BERKSHIRE HATHAWAY

    Source: OneKey® MLS as distributed by MLS GRID,MLS#: 900729MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Baseboard
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Laundry: In Unit
    Features
    • Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, In-Law Floorplan, Kitchen Island, Open Floorplan, Open Kitchen, Primary Bathroom, Recessed Lighting, Soaking Tub
    • Basement: Finished,Full,See Remarks,Walk-Out Access
    • Attic: Pull Stairs
    • Number of fireplaces: 2
    • Fireplace features: Living Room, Wood Burning
    Interior area
    • Total structure area: 3,192
    • Total interior livable area: 3,192 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Attached, Driveway, Garage, Off Street, Private
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Deck, Patio, Porch
    • Fencing: Back Yard
    Lot
    • Size: 4,000 Square Feet
    Details
    • Additional structures: Garage(s)
    • Parcel number: 1000591420000110
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family
    Materials
    • Aluminum Siding, Stucco
    • Foundation: Concrete Perimeter
    Condition
    • Year built: 1996

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & HOA

    Location
    • Region: Long Beach

    Financial & listing details

    • Price per square foot: $392/sqft
    • Tax assessed value: $251,900
    • Annual tax amount: $19,000
    • Date on market: 8/13/2025
    • Cumulative days on market: 15 days
    • Listing agreement: Exclusive Right To Sell
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    3/18/2026Listing removed$4,500$1/sqft
    Source: Zillow Rentals Report a problem
    11/24/2025Sold$1,250,000-3.7%$392/sqft
    Source: OneKey® MLS as distributed by MLS GRID #900729 Report a problem
    11/22/2025Listed for rent$4,500+4.7%$1/sqft
    Source: Zillow Rentals Report a problem
    8/28/2025Pending sale$1,298,000$407/sqft
    Source: OneKey® MLS as distributed by MLS GRID #900729 Report a problem
    8/13/2025Listed for sale$1,298,000+188.4%$407/sqft
    Source: OneKey® MLS as distributed by MLS GRID #900729 Report a problem
    3/25/2025Listing removed$4,300$1/sqft
    Source: Zillow Rentals Report a problem
    3/2/2025Listed for rent$4,300$1/sqft
    Source: Zillow Rentals Report a problem
    11/2/2000Sold$450,000$141/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $28,390
    2023-- $28,390
    2022-- $28,390
    2021$8,002 -28.1%--
    2020$11,123 +6.9%$1,185 -4.9%
    2019$10,405 $1,246
    2018$10,405 +12%$1,246 +5.8%
    2017$9,293 -14.9%$1,178 -18.7%
    2016$10,917 +513.9%$1,449
    2015$1,778 -21.5%$1,449 -25%
    2013$2,267 +8%$1,932
    2012$2,099 -74.2%$1,932
    2011$8,144 -2.2%$1,932 -8.4%
    2010$8,329 $2,110 -4.6%
    2009-- $2,212 +0.1%
    2008-- $2,210 +0.5%
    2006-- $2,199 -40%
    2005-- $3,667 -31.7%
    2004-- $5,368 -3.7%
    2003-- $5,576 -45.2%
    2002-- $10,170
    2001-- $10,170 -3.3%
    2000-- $10,520
    Find assessor info on the county website

    Neighborhood: 11561

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: East Elementary School
    • Middle: Long Beach Middle School
    • High: Long Beach High School

    Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,309,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,309,200