1-8 Court St Portville, NY 14770
Estimated payment $2,314/month
Highlights
- Cul-De-Sac
- Forced Air Heating System
- Wood Siding
- Portville Elementary School Rated A-
- Rectangular Lot
- Carpet
About This Home
GREAT INVESTMENT OPPORTUNITY!!
Located on a quiet dead-end street, this well-maintained 8-unit apartment complex offers strong income potential in a peaceful residential setting. The property includes four duplex buildings, each featuring a matching layout with 2 bedrooms and 1 full bath per unit. Units 1–6 each have an attached garage, while Units 7 and 8 share a detached two-bay garage. All four buildings have been updated with new metal roofs and new water meters from the town. Water and sewer are included in the rent. Recent updates include new gravel in the driveways and turnaround area. Interior improvements feature Unit 3 with new flooring, doors, paneling, kitchen tile backsplash, shower, vanity, toilet, bedroom ceilings, and trim; Unit 5, 6, and 7 with new flooring; Unit 7 also includes a new laundry room; and Unit 8 with a new toilet and other updates. Currently, 7 of the 8 units are occupied, generating a total monthly income of $4,450, with room to increase returns when fully rented. A solid, low-maintenance property ideal for investors seeking stable cash flow and long-term value.
Listing Agent
Listing by Howard Hanna Professionals - Olean Brokerage Phone: 724-953-6911 License #10401395789 Listed on: 11/11/2025
Co-Listing Agent
Listing by Howard Hanna Professionals - Olean Brokerage Phone: 724-953-6911 License #10301214758
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,217
Year Built
- Built in 1945
Lot Details
- 0.73 Acre Lot
- Lot Dimensions are 170x50
- Cul-De-Sac
- Rectangular Lot
Home Design
- Wood Siding
Interior Spaces
- 8 Bedrooms
- 1,104 Sq Ft Home
- 1-Story Property
Flooring
- Carpet
- Vinyl
Parking
- Gravel Driveway
- Shared Driveway
Schools
- Portville Elementary School
- Portville Junior-Senior High School
Utilities
- Forced Air Heating System
- Space Heater
- Heating System Uses Gas
- Gas Water Heater
Community Details
- 8 Units
- 8 Separate Gas Meters
Listing and Financial Details
- Assessor Parcel Number 047401-104.065-2-13
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/11/2025 11/11/25 | For Sale | $325,000 | +75.7% | $294 / Sq Ft | |
| 01/11/2023 01/11/23 | Sold | $185,000 | -17.8% | $45 / Sq Ft | View Prior Sale |
| 06/23/2022 06/23/22 | Pending | -- | -- | -- | |
| 06/09/2022 06/09/22 | For Sale | $225,000 | -- | $55 / Sq Ft |
Source: Chautauqua-Cattaraugus Board of REALTORS®
MLS Number: R1649554
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