Seize this incredible opportunity to acquire a well-maintained, income-generating real estate portfolio in Olean, NY. This package includes five properties, consisting of a mix of multi-family units, totaling 11 rental units. With a strong rental history and consistent cash flow, this portfolio is perfect for both seasoned investors looking to expand their holdings and newcomers seeking a solid, diversified entry into the market. Included in this portfolio are 201 N 18th St (3-unit), 206 S 13th St (2-unit), 753-755 Garden Ave (2-unit), 125 N 3rd St (2-unit), and 217 King St (2-unit). These properties are located in strong rental demand areas, ensuring a steady stream of income. With a combination of multi-family and single-family units, this portfolio offers a diverse investment strategy, reducing risk while maximizing potential returns. Priced at $419,000 this investment presents a great cap rate opportunity with room for increased cash flow through strategic management. The Olean rental market remains strong and stable, making this an attractive long-term investment. Don’t miss out on this turnkey portfolio
Listing by Howard Hanna Professionals - OleanBrokerage Phone: 716-307-9256License #10301215129Listed on: 06/16/2026
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$4,305
Year Built
Built in 1985
Lot Details
4,200 Sq Ft Lot
Lot Dimensions are 40x105
Rectangular Lot
Parking
1 Car Garage
Home Design
Vinyl Siding
Interior Spaces
1,342 Sq Ft Home
1-Story Property
Wood Flooring
Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
3 Bedrooms
3 Full Bathrooms
Utilities
Baseboard Heating
Electric Water Heater
Community Details
3 Units
3 Separate Gas Meters
Listing and Financial Details
Tax Lot 20
Assessor Parcel Number 041200-094-055-0002-020-000-0000
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$4,305
Year Built
Built in 1985
Lot Details
4,200 Sq Ft Lot
Parking
1
Listing Details
Property Sub Type: Multi Family
Property Type: Residential
Rent Includes: Water
Year Built: 1985
Attribution Contact: 716-307-9256
Lot Features: Rectangular, Rectangular Lot, Residential Lot
Road Frontage Type: City Street
Flooring: Hardwood, Varies
Garage Yn: Yes
Unit Levels: One
Year Built Details: Existing
Special Features: None
Interior Features
Appliances: Electric Water Heater
Basement: Full
Basement YN: Yes
Full Bathrooms: 3
Total Bedrooms: 3
Stories: 1
Stories: 1
Exterior Features
Acres: 0.0964
Waterfront: No
Construction Type: Vinyl Siding
Garage/Parking
Garage Spaces: 1.0
Parking Features: Two or More Spaces
Utilities
Heating: Electric, Baseboard
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: 041200-094-055-0002-020-000-0000
Lot Dimensions: 40X105
Lot Size Sq Ft: 4200.0
ResoLotSizeUnits: Acres
Multi Family
Number Of Units In Community: 3
Number Of Units Total: 3
Number Of Separate Electric Meters: 3
Number Of Separate Gas Meters: 3
Tax Info
Tax Annual Amount: 4305.0
Tax Lot: 20
Map
Range of Values:
--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area
Source: Public Records
Average Home Value in this Area
Source: Public Records
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 AssessmentTax 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
$2,878
$75,000
$4,500
$70,500
2024
$4,742
$75,000
$4,500
$70,500
2023
$2,824
$75,000
$4,500
$70,500
2022
$2,864
$75,000
$4,500
$70,500
2021
$2,358
$60,000
$4,500
$55,500
2020
$2,374
$60,000
$4,500
$55,500
2019
$1,244
$60,000
$4,500
$55,500
2018
$3,237
$60,000
$4,500
$55,500
2017
$2,432
$60,000
$4,500
$55,500
2016
$2,405
$60,000
$4,500
$55,500
2015
--
$60,000
$4,500
$55,500
2014
--
$60,000
$4,500
$55,500
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
06/16/202606/16/26
For Sale
$145,000
--
$108 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®
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.
With over a decade of experience in residential, commercial, and multi-family real estate across Western New York and Northern Pennsylvania, I bring deep market knowledge, strong negotiation skills, and a hands-on approach to every transaction. Whether you're buying your first home, selling an investment property, or relocating your business, I provide personalized service and clear communication every step of the way. Backed by Howard Hanna and a strong local network, I'm committed to getting
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