$85,000
PENDING $10K PRICE DROP

316 W Henley St Olean, NY 14760

Estimated payment $688/month

Total Views 37,436
6 Beds
2 Baths
2,304 Sq Ft
$37 Price per Sq Ft

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Rectangular Lot

About This Home

Welcome to this versatile duplex offering an excellent opportunity for investors or owner-occupants alike. This well-maintained two-unit property features a spacious 3-bedroom, 1-bathroom apartment on each floor, providing comfortable living spaces with strong rental potential. Each unit offers a bright and functional layout with large living areas, kitchens, in-unit laundry, and plenty of natural light throughout. Tenants will love the charming covered front porch – perfect for relaxing outdoors – as well as a small, easy-to-maintain backyard that offers just enough green space without the hassle. Additional highlights include off-street parking, a convenient city location close to schools, shopping, and amenities, and separate utilities for added value and ease of management. Whether you’re looking to build your rental portfolio or move into one unit while the other helps pay your mortgage, this property checks all the boxes.

Listing Agent

Regis Handley

Listing by Howard Hanna Professionals - Olean Brokerage Phone: 716-307-9256 License #10301215129 Listed on: 09/24/2025

Howard Hanna Professionals - Olean

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,937

Year Built

  • Built in 1900

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Rectangular Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,304 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Community Details

  • 2 Units
  • 1 Separate Gas Meter

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number 041200-094-065-0010-033-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,937

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 1900
  • Attribution Contact: 716-307-9256
  • Lot Features: Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Flooring: Carpet, Hardwood, Varies, Vinyl
  • 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: 6
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1148
  • Waterfront: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Two or More Spaces

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: 041200-094-065-0010-033-000-0000
  • Lot Dimensions: 50X100
  • Lot Size Sq Ft: 5000.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 2937.0
  • Tax Lot: 33

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 $3,313 $52,400 $3,700 $48,700
2023 $1,973 $52,400 $3,700 $48,700
2022 $2,001 $52,400 $3,700 $48,700
2021 $2,059 $52,400 $3,700 $48,700
2020 $6,063 $52,400 $3,700 $48,700
2019 $2,212 $52,400 $3,700 $48,700
2018 $5,456 $52,400 $3,700 $48,700
2017 $3,629 $52,400 $3,700 $48,700
2016 $2,101 $52,400 $3,700 $48,700
2015 -- $52,400 $3,700 $48,700
2014 -- $52,400 $3,700 $48,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2025 12/30/25 Pending -- -- --
12/15/2025 12/15/25 Price Changed $85,000 -10.5% $37 / Sq Ft
11/24/2025 11/24/25 For Sale $95,000 0.0% $41 / Sq Ft
10/22/2025 10/22/25 Pending -- -- --
09/24/2025 09/24/25 For Sale $95,000 -- $41 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $68,000 Thomas Rickert
Deed $25,000 --
Deed $25,000 --
Source: Public Records

About the Listing Agent

Regis Handley

Listing by Howard Hanna Professionals - Olean

(585) 332-4665

Section Image

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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Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1640447

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-065-0010-033-000-0000