$149,900
PENDING

111 S 7th St Olean, NY 14760

Estimated payment $1,084/month

Total Views 36,929
4 Beds
2 Baths
2,326 Sq Ft
$64 Price per Sq Ft

Highlights

  • Deck
  • Cedar Closet
  • 5-minute walk to Oak Hill Park
  • Wood Flooring
  • Forced Air Heating System

About This Home

Beautiful hardwood floors flow throughout this well-maintained home, offering flexility as either a spacious single-family residence or a desirable multi-family investment opportunity. It is zoned for both! Featuring 4 bedrooms and 2 full bathrooms, this property is centrally located in the heart of Olean, close to shopping, dining, and everyday conveniences. The main level includes 3 bedrooms and 1 full bath, while the upper level offers a private 1-bedroom suite complete with its own full bath and kitchen - ideal for extended family, guests, or rental income potential. Meticulously cared for, this home showcases hardwood floors in excellent condition, charming cedar closets, brand-new double-pane windows, a newer energy efficient furnace, and a newer hot water tank - resulting in impressively low utility bills. Washer and dryer units on both floors are included for added covenience. Step outside to enjoy a beautiful back porch overlooking a private, enclosed yard - perfect for children, pets, relaxing, or entertaining. As an added bonus, you'll love the low property taxes that make this home even more attractive. This is truly a versatile and move-in ready property offering comfort, efficiency, and value! This is also listed as a single family home #B1649461

Listing Agent

James Dwaileebe

Listing by 3D Real Estate LLC License #10491206584 Listed on: 04/23/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,422

Year Built

  • Built in 1920

Lot Details

  • 4,480 Sq Ft Lot
  • Lot Dimensions are 35x128
  • Irregular Lot

Parking

  • 1 Parking Space

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2,326 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Cedar Closet
  • 2 Full Bathrooms

Attic

  • Pull Down Stairs to Attic
  • Attic or Crawl Hatchway Insulated

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Tax Lot 69
  • Assessor Parcel Number 041200-094-064-0013-069-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,422

Year Built

Built in 1920

Lot Details

4,480 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Water
  • Year Built: 1920
  • Lot Features: Irregular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Directions: West Sate stree to S 7th st
  • Architectural Style: Duplex
  • Flooring: Hardwood, Varies
  • Interior Features: Cedar Closet(s), Pull Down Attic Stairs
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1028
  • Waterfront: No
  • Construction Type: Attic/Crawl Hatchway(s) Insulated, Vinyl Siding
  • Exterior Features: Deck
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: One Space

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 041200-094-064-0013-069-000-0000
  • Lot Dimensions: 35X128
  • Lot Size Sq Ft: 4480.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: Residential 2 Unit

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 3422.0
  • Tax Lot: 69

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $362 $61,000 $3,400 $57,600
2024 $3,464 $61,000 $3,400 $57,600
2023 $1,895 $61,000 $3,400 $57,600
2022 $1,915 $61,000 $3,400 $57,600
2021 $2,397 $61,000 $3,400 $57,600
2020 $392 $61,000 $3,400 $57,600
2019 $79 $61,000 $3,400 $57,600
2018 $472 $61,000 $3,400 $57,600
2017 $419 $61,000 $3,400 $57,600
2016 $411 $61,000 $3,400 $57,600
2015 -- $61,000 $3,400 $57,600
2014 -- $61,000 $3,400 $57,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2026 05/12/26 Pending -- -- --
04/23/2026 04/23/26 For Sale $149,900 -- $64 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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 Type Sale Price Title Company
Interfamily Deed Transfer -- --
Deed -- Daniel R Palumbo
Deed -- Daniel R Palumbo
Source: Public Records

Source: Western New York Real Estate Information Services (WNYREIS)

MLS Number: B1675947

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-064-0013-069-000-0000

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