$73,000
PENDING $7K PRICE DROP

128 S 8th St Olean, NY 14760

Estimated payment $670/month

Total Views 18,357
5 Beds
2.5 Baths
2,448 Sq Ft
$30 Price per Sq Ft

Highlights

  • Property is near public transit
  • Woodwork
  • Hot Water Heating System
  • Wood Flooring
  • Forced Air Heating System
  • High Speed Internet

About This Home

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. Tenants enjoy all the amenities of city living; close to shops, restaurants, public transportation, and government offices. Good rental history and below market rents leave room for income growth. This will make a great addition to any rental portfolio!

Listing Agent

Thomas Pietras

Listing by RE/MAX On Point Brokerage Phone: 716-373-7325 License #10401299467 Listed on: 09/25/2025

RE/MAX On Point

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,479

Year Built

  • Built in 1910

Lot Details

  • 6,400 Sq Ft Lot
  • Lot Dimensions are 50x128
  • Rectangular Lot

Parking

  • 2 Parking Spaces

Home Design

  • Wood Siding

Interior Spaces

  • 2,448 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Basement Fills Entire Space Under The House
  • Washer Hookup

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Location

  • Property is near public transit

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Hot Water Heating System
  • Gas Water Heater
  • High Speed Internet

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Tax Lot 44
  • Assessor Parcel Number 041200-094-064-0012-044-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,479

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Water
  • Year Built: 1910
  • Attribution Contact: 716-373-7325
  • ResoLaundryFeatures: Washer Hookup
  • Lot Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Directions: From West State St in Olean, turn onto South 8th St. Property is on the right. Sign in front.
  • Flooring: Hardwood, Varies, Vinyl
  • Interior Features: Natural Woodwork
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1469
  • Waterfront: No
  • Construction Type: Wood Siding

Garage/Parking

  • Parking Features: Two or More Spaces

Utilities

  • Heating: Gas, Forced Air, Hot Water
  • HeatingYN: Yes
  • Utilities: High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 041200-094-064-0012-044-000-0000
  • Lot Dimensions: 50X128
  • Lot Size Sq Ft: 6400.0
  • ResoLotSizeUnits: Acres

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: 3479.0
  • Tax Lot: 44

Map

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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
2024 $3,920 $62,000 $6,300 $55,700
2023 $2,334 $62,000 $6,300 $55,700
2022 $2,368 $62,000 $6,300 $55,700
2021 $2,436 $62,000 $6,300 $55,700
2020 $2,453 $62,000 $6,300 $55,700
2019 $931 $62,000 $6,300 $55,700
2018 $3,344 $62,000 $6,300 $55,700
2017 $1,837 $62,000 $6,300 $55,700
2016 $1,792 $62,000 $6,300 $55,700
2015 -- $62,000 $6,300 $55,700
2014 -- $62,000 $6,300 $55,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/02/2026 01/02/26 Pending -- -- --
11/02/2025 11/02/25 Price Changed $73,000 -8.8% $30 / Sq Ft
09/25/2025 09/25/25 For Sale $80,000 +48.1% $33 / Sq Ft
10/01/2022 10/01/22 Sold $54,000 -14.1% $22 / Sq Ft View Prior Sale
07/22/2022 07/22/22 Pending -- -- --
06/27/2022 06/27/22 Price Changed $62,900 0.0% $26 / Sq Ft
06/27/2022 06/27/22 For Sale $62,900 +16.5% $26 / Sq Ft
05/18/2022 05/18/22 Off Market $54,000 -- --
03/31/2022 03/31/22 For Sale $69,900 -- $29 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Purchase History

Date Type Sale Price Title Company
Deed $54,802 Aimee La Fever Doyle
Source: Public Records

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

MLS Number: B1640549

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-064-0012-044-000-0000