Well maintained two-family home with a proven track record of long-term ownership and stable tenancy. The same investor has owned this property for the past 17 years, with an upstairs tenant in place for over 20 years, demonstrating consistent occupancy and reliability.
The lower unit has just been vacated and completely updated, offering a turnkey opportunity for easily moving right in or the ability to secure a new tenant at market rent. The property features separate utilities for each unit, providing ease of management and expense control.
Additional updates include a roof approximately 10 years old. Located in the desirable Lincoln & Persell School District, this property is well positioned for expanding a portfolio or offsetting a mortgage with rental income.
A solid opportunity with strong fundamentals and immediate upside potential.
Closed
$77,319
332 Palmer St, Jamestown, NY 14701
4beds
2,163sqft
Multi Family
Built in 1880
-- sqft lot
$78,000 Zestimate®
$36/sqft
$1,067 Estimated rent
Home value
$78,000
$53,000 - $115,000
$1,067/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Heather Shea-Canaley 716-708-5000,
ERA Team VP Real Estate
Bought with:
Heather Shea-Canaley, 10401281174
ERA Team VP Real Estate
Source: NYSAMLSs,MLS#: R1668923
Originating MLS: Chautauqua-Cattaraugus
Originating MLS: Chautauqua-CattaraugusFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric, Baseboard
Appliances
- Included: Electric Water Heater
Features
- Flooring: Varies, Vinyl
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,163
- Total interior livable area: 2,163 sqft
Property
Parking
- Parking features: Two or More Spaces
Features
- Levels: Two
- Stories: 2
Lot
- Size: 8,542 Square Feet
- Dimensions: 61 x 140
- Features: Rectangular, Rectangular Lot, Residential Lot
Details
- Parcel number: 0608003870130003035000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Other, See Remarks
Condition
- Resale
- Year built: 1880
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: $36/sqft
- Tax assessed value: $43,000
- Annual tax amount: $2,252
- Date on market: 3/26/2026
- Cumulative days on market: 5 days
- Listing terms: Cash,Conventional
- Tenant pays: All Utilities
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2026 | Sold | $77,319-3.2%$36/sqft |
Source:  NYSAMLSs #R1668923 Report a problem | ||
| 4/5/2026 | Pending sale | $79,900$37/sqft |
Source: NYSAMLSs #R1668923 Report a problem | ||
| 3/31/2026 | Contingent | $79,900$37/sqft |
Source: NYSAMLSs #R1668923 Report a problem | ||
| 3/26/2026 | Listed for sale | $79,900+299.5%$37/sqft |
Source: NYSAMLSs #R1668923 Report a problem | ||
| 4/22/2009 | Sold | $20,000$9/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $43,000 |
| 2024 | -- | $43,000 |
| 2023 | -- | $43,000 |
| 2022 | -- | $43,000 |
| 2021 | -- | $43,000 |
| 2020 | -- | $43,000 |
| 2019 | -- | $43,000 |
| 2018 | -- | $43,000 |
| 2017 | $844 | $43,000 |
| 2016 | -- | $43,000 |
| 2015 | -- | $43,000 |
| 2014 | -- | $43,000 |
| 2013 | -- | $43,000 |
| 2012 | -- | $43,000 |
| 2011 | -- | $43,000 |
| 2010 | -- | $43,000 |
| 2009 | -- | $43,000 |
| 2008 | -- | $43,000 |
| 2007 | -- | $43,000 |
| 2006 | -- | $43,000 +262.6% |
| 2005 | -- | $11,860 |
| 2004 | -- | $11,860 |
| 2003 | -- | $11,860 |
| 2002 | -- | $11,860 |
Find assessor info on the county website
Neighborhood: 14701
Nearby homes
- $80,9002 bd1 ba1.7k sqft336 Palmer St, Jamestown, NY 14701Off Market
- $105,5004 bd2 ba2.2k sqft330 Palmer St, Jamestown, NY 14701Off Market
- $47,0007 bd3 ba2.5k sqft340 Palmer St, Jamestown, NY 14701Off Market
- $47,0007 bd3 ba2.5k sqft340 Palmer St, Jamestown, NY 14701Off Market
- $144,5007 bd3 ba2.5k sqft340 Palmer St, Jamestown, NY 14701Off Market
- $---- bd-- ba-- sqft340 Palmer St #2, Jamestown, NY 14701Off Market
- $600-- bd-- ba-- sqftHall Ave, Jamestown, NY 14701Off Market
- $600-- bd-- ba-- sqftHall Ave, Jamestown, NY 14701Off Market
Nearby schools
GreatSchools rating
- 7/10Abraham Lincoln Elementary SchoolGrades: PK-4Distance: 0.1 mi
- 3/10Persell Middle SchoolGrades: 5-8Distance: 0.5 mi
- 3/10Jamestown High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Lincoln Elementary
- Middle: Persell Middle
- High: Jamestown High
- District: Jamestown
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- New York
- Chautauqua County
- Jamestown
- 14701
- 332 Palmer St
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