Jonas Willson
Genesee River Realty
(585) 648-5008
89 Total Sales
1 in Olean
$18,000 Price
108 S 5th St Olean, NY 14760
Olean AreaEstimated Value: $49,000 - $71,173
3
Beds
2
Baths
1,553
Sq Ft
$38/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Baseboard Heating
- Rectangular Lot
- Ceiling Fan
- High Speed Internet
- 4-minute walk to Oak Hill Park
About This Home
As of April 2025Discover the perfect opportunity for investors or owner-occupants with this side-by-side duplex offering both convenience and potential. One unit boasts a long-standing tenant, providing immediate income, while the other is ready for your vision and a little TLC to bring it to its full potential. Located on a quiet stretch of S 5th Street, the property offers easy street parking and a layout that maximizes privacy for both units. Each side features its own entrance, making it ideal for renters or multi-generational living. With a bit of effort on one unit, you can unlock significant value and reap the benefits of steady rental income or comfortable living while your tenant helps cover expenses. Whether you're looking to add to your portfolio or step into property ownership, this duplex is a smart investment with plenty of upside.
Last Agent to Sell the Property
Listing by Howard Hanna Professionals - Olean Brokerage Phone: 716-378-7039 License #10301214758 Listed on: 01/21/2025
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,755
Year Built
- Built in 1915
Lot Details
- 1,920 Sq Ft Lot
- Lot Dimensions are 40x48
- Rectangular Lot
Parking
- On-Street Parking
Home Design
- Siding
- Copper Plumbing
Interior Spaces
- 1,553 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Schools
- Washington West Elementary School
- Olean Middle School
- Olean Senior High School
Utilities
- Heating System Uses Gas
- Baseboard Heating
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- 2 Units
- 2 Separate Gas Meters
Listing and Financial Details
- Rent includes water
- Tax Lot 15
- Assessor Parcel Number 041200-094-064-0013-015-000-0000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 2, 1996
Sold by
Scott William F
Bought by
Current Estimated Value
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Olean, NY
-
Jonas Willson
-
James Klossner
James Klossner
Whitetail Properties Real Estate, LLC
(585) 627-0630
98 Total Sales
1 in Olean
$105,000 Price
-
Regis Handley
Regis Handley
Howard Hanna Professionals - Olean
(585) 378-5525
233 Total Sales
130 in Olean
$20K - $450K Price Range
-
Melanie Pritchard
Melanie Pritchard
ERA Team VP Real Estate
(716) 403-3199
162 Total Sales
5 in Olean
$173K - $400K Price Range
-
Jerry Thompson
Jerry Thompson
Century 21 North East
(716) 687-0473
337 Total Sales
2 in Olean
$145,000 Price Range
-
Aimee Campbell
Aimee Campbell
Responds QuicklyEmpire Realty Group
(585) 565-5382
157 Total Sales
1 in Olean
$155,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $17,500 | -- |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/09/2025 04/09/25 | Sold | $46,500 | -6.8% | $30 / Sq Ft |
| 01/28/2025 01/28/25 | Pending | -- | -- | -- |
| 01/21/2025 01/21/25 | For Sale | $49,900 | -- | $32 / Sq Ft |
Source: Chautauqua-Cattaraugus Board of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,259 | $32,800 | $800 | $32,000 |
| 2024 | $2,074 | $32,800 | $800 | $32,000 |
| 2023 | $1,235 | $32,800 | $800 | $32,000 |
| 2022 | $1,253 | $32,800 | $800 | $32,000 |
| 2021 | $1,289 | $32,800 | $800 | $32,000 |
| 2020 | $1,298 | $32,800 | $800 | $32,000 |
| 2019 | $492 | $32,800 | $800 | $32,000 |
| 2018 | $1,769 | $32,800 | $800 | $32,000 |
| 2017 | $1,329 | $32,800 | $800 | $32,000 |
| 2016 | $1,315 | $32,800 | $800 | $32,000 |
| 2015 | -- | $32,800 | $800 | $32,000 |
| 2014 | -- | $32,800 | $800 | $32,000 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Pezzimenti
Seller's Agent in 2025
Paul Pezzimenti
Howard Hanna
(716) 378-7039
340 Total Sales
-
Regis Handley
Buyer's Agent in 2025
Regis Handley
Howard Hanna
(716) 307-9256
233 Total Sales
Map
Source: Chautauqua-Cattaraugus Board of REALTORS®
MLS Number: R1585330
APN: 041200-094-064-0013-015-000-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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