Caitlin Croft
Iconic Real Estate
(716) 221-8308
84 Total Sales
5 in Olean
$142K - $218K Price Range
216 N 15th St Olean, NY 14760
Olean Area
7
Beds
3
Baths
2,370
Sq Ft
8,704
Sq Ft Lot
Highlights
- Wood Flooring
- Rectangular Lot
- 1-minute walk to Marcus Park & Playfields
- Baseboard Heating
About This Home
As of February 2026Great opportunity to own a well-maintained three-unit property with stable, long-term tenants already in place. This fully occupied building generates $1950 per month in gross rental income, making it an ideal addition to any investment portfolio or a perfect start for a first-time investor. Each unit offers comfortable living spaces, reliable rental history, and separate utilities except water, helping keep operating costs manageable. Located in a convenient area close to local amenities, employment centers, and transportation, this property continues to attract consistent tenant demand. Whether you're looking to expand your holdings or step into real estate investing, this turnkey asset delivers immediate income and long-term potential.
Last Agent to Sell the Property
Listing by Howard Hanna Professionals - Olean Brokerage Phone: 716-353-3222 License #30PA0967867 Listed on: 12/05/2025
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,814
Year Built
- Built in 1912
Lot Details
- 8,704 Sq Ft Lot
- Lot Dimensions are 68x128
- Rectangular Lot
Parking
- Common or Shared Parking
Home Design
- Triplex
- Block Foundation
- Vinyl Siding
Interior Spaces
- 2,370 Sq Ft Home
- 2-Story Property
- Pull Down Stairs to Attic
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Utilities
- Heating System Uses Gas
- Baseboard Heating
- Hot Water Heating System
- Gas Water Heater
Listing and Financial Details
- Rent includes water
- Tax Lot 23
- Assessor Parcel Number 041200-094-055-0004-023-000-0000
Community Details
Overview
- 3 Units
Building Details
- 3 Separate Gas Meters
- Gross Income $23,400
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Olean, NY
-
Caitlin Croft
-
Anthony Dubreville
Anthony Dubreville
Keller Williams Realty WNY
(716) 221-8737
108 Total Sales
1 in Olean
$26,000 Price
-
Jonas Willson
Jonas Willson
Genesee River Realty
(585) 648-5008
90 Total Sales
1 in Olean
$18,000 Price
-
James Klossner
James Klossner
Whitetail Properties Real Estate, LLC
(585) 627-0630
99 Total Sales
1 in Olean
$105,000 Price
-
Regis Handley
Regis Handley
Howard Hanna Professionals - Olean
(585) 378-5525
234 Total Sales
132 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
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 |
|---|---|---|---|
| $90,000 | -- | ||
| Lockwood Dean | $52,000 | Daniel Derose |
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 |
|---|---|---|---|---|
| 02/09/2026 02/09/26 | Sold | $90,000 | -9.1% | $38 / Sq Ft |
| 12/15/2025 12/15/25 | Pending | -- | -- | -- |
| 12/05/2025 12/05/25 | For Sale | $99,000 | -- | $42 / 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 | $1,995 | $52,000 | $6,000 | $46,000 |
| 2024 | $3,288 | $52,000 | $6,000 | $46,000 |
| 2023 | $1,958 | $52,000 | $6,000 | $46,000 |
| 2022 | $1,986 | $52,000 | $6,000 | $46,000 |
| 2021 | $2,043 | $52,000 | $6,000 | $46,000 |
| 2020 | $2,058 | $52,000 | $6,000 | $46,000 |
| 2019 | $781 | $52,000 | $6,000 | $46,000 |
| 2018 | $2,805 | $52,000 | $6,000 | $46,000 |
| 2017 | $2,108 | $52,000 | $6,000 | $46,000 |
| 2016 | $2,085 | $52,000 | $6,000 | $46,000 |
| 2015 | -- | $52,000 | $6,000 | $46,000 |
| 2014 | -- | $52,000 | $6,000 | $46,000 |
Source: Public Records
Agents Affiliated with this Home
-
Kelly Patrone
Seller's Agent in 2026
Kelly Patrone
Howard Hanna
(716) 353-3222
219 Total Sales
-
Darrick Babb
Buyer's Agent in 2026
Darrick Babb
Howard Hanna
16 Total Sales
Map
Source: Chautauqua-Cattaraugus Board of REALTORS®
MLS Number: R1653704
APN: 041200 94.055-4-23
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.
Nearby Homes
- 203 N 15th St
- 1407 Washington St
- 201 N 13th St
- 128 N 14th St
- 1216 Washington St
- 135 N 12th St
- 1213 Washington St
- 309 N 12th St
- 122 N 18th St
- 1313 Reed St
- 1205 W Sullivan St
- 144 N 11th St
- 312 N 11th St
- 1102 Anderson Ave
- 115 N 10th St
- 101 & 103 N 19th St
- 111 S 18th St
- 113 S 18th St
- 2003 W State St
- 1010 Buffalo St Unit 12
Your Personal Tour Guide
Ask me questions while you tour the home.