23

Olean, NY Multifamily Homes & Duplexes for Sale

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  • /50

    $124,900

    • 6 Beds
    • 2.5 Baths
    • 3,576 Sq Ft

    411 Irving St, Olean, NY 14760

    Spacious and versatile, this well-maintained two-family home in Olean offers over 3,576 sq. ft. of living space, not including the fully finished attic. The first-floor apartment features three bedrooms, one and a half bathrooms, a large living room, formal dining room, kitchen, enclosed front porch, a welcoming front entry room, and a convenient in-unit laundry room. The second-floor apartment

    Agent Photo

    Regis Handley

    Listing by Howard Hanna Professionals - Olean

    (585) 648-5448

    411 Irving St, Olean, NY 14760
  • /50

    $184,900

    • 6 Beds
    • 2 Baths
    • 2,570 Sq Ft

    705 Irving St, Olean, NY 14760

    Beautifully renovated upper/lower duplex located in a prime Olean neighborhood, offering an excellent investment opportunity or ideal owner-occupied setup. This spacious property features a total of 2,570 square feet, with each unit offering 3 bedrooms and 1 full bath. Numerous updates have been completed, including new windows, vinyl siding, updated kitchens and bathrooms, new flooring, fresh

    Agent Photo

    Jerry Thompson

    Listing by Century 21 North East

    (585) 669-3241

    705 Irving St, Olean, NY 14760
  • /34

    $85,000

    • 6 Beds
    • 2 Baths
    • 2,304 Sq Ft

    316 W Henley St, Olean, NY 14760

    Welcome to this versatile duplex offering an excellent opportunity for investors or owner-occupants alike. This well-maintained two-unit property features a spacious 3-bedroom, 1-bathroom apartment on each floor, providing comfortable living spaces with strong rental potential. Each unit offers a bright and functional layout with large living areas, kitchens, in-unit laundry, and plenty of

    Agent Photo

    Regis Handley

    Listing by Howard Hanna Professionals - Olean

    (585) 332-4665

    316 W Henley St, Olean, NY 14760
  • /25

    $59,900

    • 5 Beds
    • 2 Baths
    • 1,731 Sq Ft

    322 Laurel Ave, Olean, NY 14760

    This 2-unit home is full of potential and ready for its next owner. Both apartments are currently vacant, making it an ideal choice for an investor or owner-occupant looking to customize and add value. The property offers off-street parking, an attached garage, and a welcoming covered front porch. While it does need some TLC, the layout and location make it a great investment opportunity. With a

    Agent Photo

    Regis Handley

    Listing by Howard Hanna Professionals - Olean

    (585) 580-2762

    322 Laurel Ave, Olean, NY 14760
  • /31

    $59,900

    • 4 Beds
    • 3 Baths
    • 2,424 Sq Ft

    326 Laurel Ave, Olean, NY 14760

    Great investment opportunity in the City of Olean! This 2-unit home offers a 2 bedroom, 1 bath layout both upstairs and down, each with their own kitchen and living room. The property features off-street parking and a covered front porch. While it will need updates and repairs, it is priced to sell and provides excellent potential for rental income or an owner-occupant. Home is being sold AS-IS,

    Agent Photo

    Regis Handley

    Listing by Howard Hanna Professionals - Olean

    (585) 648-5617

    326 Laurel Ave, Olean, NY 14760
  • /5

    $73,000

    • 5 Beds
    • 2.5 Baths
    • 2,448 Sq Ft

    128 S 8th St, Olean, NY 14760

    Offered for sale is this solid duplex in the heart of Olean. The lower has three bedrooms, one and a half baths, hot water baseboard heat, laundry hookups. The upper has two bedrooms (with a possible third) one bath, forced air gas heat and laundry hookups. Upper apartment has two means of egress. Separate electric, gas, and water meters. A strong rental market here promises good occupancy rates.

    Thomas Pietras Listing by RE/MAX On Point

    128 S 8th St, Olean, NY 14760
  • /13

    $149,900

    • 5 Beds
    • 2 Baths
    • 2,024 Sq Ft

    115 Burger Place, Olean, NY 14760

    This well-maintained two-family property offers a great opportunity for owner-occupants or investors alike. Recent updates include a brand-new roof and fresh interior and exterior paint, making this property truly move-in ready. One unit features 3 bedrooms and 1 full bath, while the second unit offers 2 bedrooms and 1 full bath, providing flexible living or rental options. Both units are fully

    Kelly Patrone Listing by Howard Hanna Professionals - Olean

    115 Burger Place, Olean, NY 14760
  • /2

    $850,000

    • 2 Beds
    • 2,044 Sq Ft

    118 E Green St, Olean, NY 14760

    This Duplex is an Upper & Lower and practically identical! Both with 2 bedrooms, a small bonus room that could be used as an office and are very spacious! They have off-street parking & Separate Utilities. Roof was completely torn off and replaced 10 years ago. The foundation is solid. Part of a package deal w 4 duplexes, 2 single family and a vacant lot for parking. 2 Edwards Ct (R1635038), 1

    Jamey Hinman Listing by Howard Hanna

    118 E Green St, Olean, NY 14760
  • /19

    $134,000

    • 3 Beds
    • 2 Baths
    • 1,844 Sq Ft

    801 Bell St, Olean, NY 14760

    This charming two-unit apartment building in a quiet neighborhood has large porch for relaxing and a double sized lot. There is an upper 2-bedroom unit and a lower large 1-bedroom unit. Tenants would like to stay. Its location is within walking distance to local parks, businesses and restaurants. The double lot offers potential for additional parking or adding a garage. Great investment

    Rebecca Laborde Listing by EXP-Premier Listings Team

    801 Bell St, Olean, NY 14760
  • /21

    $159,900

    • 4 Beds
    • 2 Baths
    • 2,326 Sq Ft

    111 S 7th St, Olean, NY 14760

    Immaculate multi family home centrally located in the heart of Olean. The lower level is 3 bedrooms and 1 bathroom while the upper is 1 bedroom and 1 bathroom. offstreet parking. The dwelling has been well mantained and is in good overall condition. This is a great investment property orlive in the lower unit and rent out the upper. low taxes. Great ROI. The lower unit is owner occupied while the

    James Dwaileebe Listing by 3D Real Estate LLC

    111 S 7th St, Olean, NY 14760
  • /11

    $249,900

    • 4 Beds
    • 3,782 Sq Ft

    311 N 6th St, Olean, NY 14760

    Please Note: For the safety and privacy of the tenants, do not disturb or enter the property without being accompanied by a licensed realtor.

    Muhammad Jehangir Listing by Century 21 North East

    311 N 6th St, Olean, NY 14760
  • /44

    $175,000

    • 4 Beds
    • 3 Baths
    • 6,680 Sq Ft

    1305 W State St, Olean, NY 14760

    Prime Mixed-Use Commercial Property – 1305 West State Street, Olean, NY Discover the endless potential of this impressive 6,680 sq. ft. mixed-use property in one of Olean’s most visible and high-traffic locations! Formerly home to Shawley’s Office Equipment, this property offers excellent frontage on West State Street, ensuring maximum exposure for your business or investment. The spacious

    Ken Bailey Listing by Real Estate Pros & More

    1305 W State St, Olean, NY 14760
  • /3

    $389,900

    • 6 Beds
    • 4,224 Sq Ft

    109 W Green St, Olean, NY 14760

    Property Overview Step into a rare investment gem in the heart of Olean, NY! This beautifully maintained two-story multi-family property, built in 1895, offers approximately 4,224 sf of living space across six fully rented units and an efficiency studio apartment rented for $750. 7 units average fetching $5250 per month with monthly expense of approx $950 when fully rented. Most of tenants are

    Muhammad Jehangir Listing by Century 21 North East

    109 W Green St, Olean, NY 14760
  • /2

    $850,000

    • 2 Beds
    • 1,830 Sq Ft

    114 E Green St, Olean, NY 14760

    Very well maintained two family dwelling in convenient location. All utilities have been updated, nice kitchens and baths, large deep lot with garage. All the work has been done. Part of a package deal w 4 duplexes, 2 single family and a vacant lot for parking. 2 Edwards Ct (R1635038), 1 Edwards Ct (R1635036), 120 E Green St (R1632864), 118 E Green St (R1632863), and 116 E Green St (R1632862).

    Jamey Hinman Listing by Howard Hanna

    114 E Green St, Olean, NY 14760
  • /25

    $32,000

    • 3 Beds
    • 4 Baths
    • 2,400 Sq Ft

    1390 Olean Portville Rd, Olean, NY 14760

    Unlock the potential in this fully vacant 4-unit property located in the Town of Portville. A true value-add opportunity, this building is ready for renovation and ideal for investors looking to rehab, reposition, and maximize rental income. With no current tenants, you can start work immediately without the challenges of inherited leases or occupancy delays. The property needs substantial

    Austin Lopez Listing by eXp Realty

    1390 Olean Portville Rd, Olean, NY 14760
  • /2

    $850,000

    • 2 Beds
    • 912 Sq Ft

    2 Edwards Ct, Olean, NY 14760

    Sold as a package w 4 Duplex, 2 Single Family Homes & a Vacant lot out back for Parking. - MAKE US AN OFFER!!!! Being Sold as an investor "portfolio" price includes: a package deal with the following properties: 1 Edwards Ct (R1635036), 120 E Green St (R1632864), 118 E Green St (R1632863), 116 E Green St (R1632862), and 114 E Green St (R1632859).

    Jamey Hinman Listing by Howard Hanna

    2 Edwards Ct, Olean, NY 14760
  • /2

    $850,000

    • 2 Beds
    • 2,044 Sq Ft

    120 E Green St, Olean, NY 14760

    Large well cared for duplex in town within walking distance to all amenities. Currently fully occupied. Separate meters for utilities. Seller pays for water/sewer. Upper and lower duplex. Part of a package deal w 4 duplexes, 2 single family and a vacant lot for parking. 2 Edwards Ct (R1635038), 1 Edwards Ct (R1635036), 118 E Green St (R1632863), 116 E Green St (R1632862), and 114 E Green St

    Jamey Hinman Listing by Howard Hanna

    120 E Green St, Olean, NY 14760
  • /2

    $850,000

    • 2 Beds
    • 2,052 Sq Ft

    116 E Green St, Olean, NY 14760

    This is a fantastic investment opportunity! This well-maintained duplex offers two units with great potential. The downstairs unit is a spacious 2-bedroom, 1-bath, while the upper unit is a cozy 1-bedroom, 1-bath. Both units feature brand new stoves, refrigerators, and washer/dryer units for convenience. The property has seen numerous updates over the years, including renovated kitchens and

    Jamey Hinman Listing by Howard Hanna

    116 E Green St, Olean, NY 14760
  • /3

    $72,000

    • 3 Beds
    • 2 Baths
    • 1,542 Sq Ft

    118 S 7th St, Olean, NY 14760

    John Dwaileebe Listing by Howard Hanna Professionals - Olean

    118 S 7th St, Olean, NY 14760
  • /2

    $149,900

    • 5 Beds
    • 4 Baths
    • 3,202 Sq Ft

    521 2nd Ave, Olean, NY 14760

    This 4 unit investment property is located in the heart of Olean, close to the hospital, manufacturing locations, schools, the highway and the restaurants and shops downtown! Currently, this building has one vacant unit and the property is managed by On Point Property Management. Which is great news for investors or someone who wants to owner occupy the building. All of the utilities have been

    Patricia Collier Listing by RE/MAX On Point

    521 2nd Ave, Olean, NY 14760
  • /2

    $850,000

    • 1 Bed
    • 912 Sq Ft

    1 Edwards Ct, Olean, NY 14760

    2 Bedroom with Bonus Room for an office, comes with Refrigerator & Stove. About 90% Updated electric, the rest knob & Tube. Full Basement with Washer & Dryer. 4 yr old Furnace. Sold as a package consisting of 4 Duplex, 2 Single Family Homes & a Vacant Lot out back for Parking. 2 Edwards Ct (R1635038), 120 E Green St (R1632864), 118 E Green St (R1632863), 116 E Green St (R1632862), and 114 E Green

    Jamey Hinman Listing by Howard Hanna

    1 Edwards Ct, Olean, NY 14760
  • /20

    $24,900

    • 4 Beds
    • 2 Baths
    • 1,950 Sq Ft

    1206 Spruce St, Olean, NY 14760

    Opportunity awaits at 1206 Spruce St, a versatile duplex located in the peaceful north end of Olean. Whether you're an investor seeking a value-add rental property or a buyer looking to "house hack" by living in one unit and renting the other, this property is a fantastic find. Offering a blank canvas, this duplex is ready for your personal touch—perfect for those who want to customize and build

    Ryan Carney Listing by eXp Realty

    1206 Spruce St, Olean, NY 14760
  • /50

    $334,900

    • 6 Beds
    • 2 Baths
    • 1,326 Sq Ft

    469 N Branch Rd, Eldred, PA 16731

    Unlock the potential of this exceptional multi-faceted property, offering immediate rental income, a move-in ready primary residence, and substantial land value. The centerpiece is a fully renovated single-family home featuring three bedrooms (with potential for a 4th) and a modernized full bath. Designed for longevity and low maintenance, the house underwent a complete renovation 8 years ago,

    Paul Pezzimenti Listing by Howard Hanna Professionals - Olean

    469 N Branch Rd, Eldred, PA 16731

Why Live in Olean

Olean, New York, is a small city of just under 14,000 residents located on the banks of the Alleghany River in Western New York’s Southern Tier region. Known for hosting St. Bonaventure University and the headquarters of Cutco, Olean features a vibrant business district and entertainment scene. The city is characterized by historic homes on well-organized streets, shaded by tall trees, with most homes within walking distance of the river. Southern Tier Catholic School is a highly rated private option for education. North Union Street serves as the main thoroughfare, lined with grocery stores, big-box retailers, and a variety of dining options, including the popular Beef 'N' Barrel. Outdoor enthusiasts can enjoy the paved trail along the Alleghany River, numerous parks, and recreational activities like boating and fishing. Forness Park and Franchot Park offer baseball diamonds for local games. Olean’s community events include the annual festival at St. Mary of the Angels church and a seasonal farmer’s market. The nearby Ellicottville ski resort provides additional recreational opportunities and hosts events like Oktoberfest. Despite its amenities, Olean maintains a small-town feel, with a close-knit community and a walkable layout, though residents often rely on cars for travel to other parts of the state.

Home Trends in Olean, NY

Housing Trends

Median Sale Price
$130,000
Median Single Family Sale Price
$142,750
Median Townhouse Sale Price
$54,000
Average Price Per Sq Ft
$97
Number of Homes for Sale
41
Last 12 months Home Sales
146
Months of Supply
3.40
Median List Price
$149,450
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
17%
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