$299,900

1115 Olean-Portville Rd Olean, NY 14760

Estimated payment $1,876/month

8 Beds
4 Baths
3,444 Sq Ft
$87 Price per Sq Ft

Highlights

  • Tile Flooring
  • Zoned Heating and Cooling
  • Rectangular Lot
  • Portville Elementary School Rated A-
  • Baseboard Heating

About This Home

This fully occupied four unity property offers a solid investment opportunity with immediate rental income. All units are currently rented, providing consistent cash flow from day one. The property features two separate large parking areas for tenants and guest. Whether you're expanding your portfolio or getting started in multifamily investing, this property delivers with room for future improvements and upside potential.

Listing Agent

Amy Henzel

Listing by ERA Team VP Real Estate Brokerage Phone: 716-560-8624 License #10401317441 Listed on: 04/13/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,305

Year Built

  • Built in 1920

Lot Details

  • 15,675 Sq Ft Lot
  • Lot Dimensions are 165x95
  • Rectangular Lot

Home Design

  • Quadruplex
  • Vinyl Siding

Interior Spaces

  • 3,444 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • Parking Available
  • Common or Shared Parking
  • Gravel Driveway

Schools

  • Portville Elementary School
  • Portville Junior-Senior High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Well
  • Gas Water Heater
  • Septic Tank

Community Details

  • 4 Units
  • 4 Separate Gas Meters

Listing and Financial Details

  • Tax Lot 75
  • Assessor Parcel Number 047489-104-010-0001-075-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,305

Year Built

Built in 1920

Lot Details

0.36 Acres

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Water
  • Year Built: 1920
  • Attribution Contact: 716-560-8624
  • Lot Features: Rectangular, Rectangular Lot
  • Road Frontage Type: Main Thoroughfare
  • Architectural Style: Fourplex
  • Flooring: Laminate, Tile, Varies
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Partial
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.3598
  • Waterfront: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Common, Gravel, Parking Available

Utilities

  • Cooling: Zoned
  • Heating: Gas, Zoned, Baseboard
  • HeatingYN: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Portville
  • Ninth Grade High School: Portville Junior-Senior High

Lot Info

  • Parcel Number: 047489-104-010-0001-075-000-0000
  • Lot Dimensions: 165X95
  • Lot Size Sq Ft: 15675.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4

Tax Info

  • Tax Annual Amount: 3305.0
  • Tax Lot: 75

MLS Schools

  • Elementary School: Portville Elementary

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2026 04/06/26 For Sale $299,900 -- $87 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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

MLS Number: B1672982

Western New York Real Estate Information Services (WNYREIS)
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