Aimee Campbell
Responds Quickly
Empire Realty Group
(585) 565-5382
156 Total Sales
1 in Olean
$155,000 Price
635 S Union St Olean, NY 14760
Olean Area
7
Beds
--
Baths
4,000
Sq Ft
0.31
Acre Lot
Highlights
- Baseboard Heating
- Rectangular Lot
- Carpet
- Garage
- Wood Siding
About This Home
As of February 2026Excellent investment opportunity with this 7-unit apartment building offering strong rental income potential and plenty of off-street parking for tenants, with 10+ spaces available. Unit 1 is a freshly remodeled 1-bedroom, 1-bath apartment, currently vacant and ready to lease for $850–$900. Unit 2 has also been newly remodeled and vacant, a spacious 1-bedroom, 1-bath unit with rental potential of $800–$850. Units 3 and 4 are currently rented, each bringing in approximately $750 per month, while Unit 5 is also leased at $750. Unit 6 is rented at $700, and Unit 7, also at $700, is currently in the eviction process. With updated units already in place, solid rental history, and immediate income potential, this property is ideal for an investor looking to grow their portfolio with a mix of renovated and income-producing apartments.
Last Agent to Sell the Property
Listing by Howard Hanna Professionals - Olean Brokerage Phone: 716-307-9256 License #10301215129 Listed on: 09/12/2025
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,769
Year Built
- Built in 1910
Lot Details
- 13,568 Sq Ft Lot
- Lot Dimensions are 106x128
- Rectangular Lot
Home Design
- Slab Foundation
- Wood Siding
- Vinyl Siding
Interior Spaces
- 7 Bedrooms
- 4,000 Sq Ft Home
- 2-Story Property
Flooring
- Carpet
- Laminate
Parking
- Garage
- No Garage
- Driveway
Utilities
- Heating System Uses Gas
- Baseboard Heating
- Gas Water Heater
Community Details
- 7 Units
Listing and Financial Details
- Rent includes common area maintenance, parking, snow removal
- Tax Lot 23
- Assessor Parcel Number 041200-094-081-0002-023-000-0000
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Olean, NY
-
Aimee Campbell
-
Caitlin Croft
Caitlin Croft
Iconic Real Estate
(716) 221-8308
84 Total Sales
5 in Olean
$142K - $218K Price Range
-
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
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 |
|---|---|---|---|
| $135,000 | -- | ||
| Jerusalema Group Llc | $253,500 | None Available | |
| Juma 4 Assets Llc | $90,000 | None Available | |
| Lockwood Donald | $100,000 | None Available | |
| O'dell Brothers Incorporated | $100,000 | Thomas W. Rickert | |
| Four T Development Inc | $85,000 | Daniel Palumbo |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $400,000 | ||
| Previous Owner | -- | $80,000 | |
| Previous Owner | -- | $100,000 |
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 |
|---|---|---|---|---|
| 02/06/2026 02/06/26 | Sold | $135,000 | -6.8% | $34 / Sq Ft |
| 10/29/2025 10/29/25 | Pending | -- | -- | -- |
| 09/12/2025 09/12/25 | For Sale | $144,900 | -- | $36 / 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 | $5,701 | $85,000 | $18,400 | $66,600 |
| 2024 | $5,374 | $85,000 | $18,400 | $66,600 |
| 2023 | $3,200 | $85,000 | $18,400 | $66,600 |
| 2022 | $3,246 | $85,000 | $18,400 | $66,600 |
| 2021 | $3,340 | $85,000 | $18,400 | $66,600 |
| 2020 | $3,363 | $85,000 | $18,400 | $66,600 |
| 2019 | $1,276 | $85,000 | $18,400 | $66,600 |
| 2018 | $4,585 | $85,000 | $18,400 | $66,600 |
| 2017 | $3,445 | $85,000 | $18,400 | $66,600 |
| 2016 | $3,408 | $85,000 | $18,400 | $66,600 |
| 2015 | -- | $85,000 | $18,400 | $66,600 |
| 2014 | -- | $85,000 | $18,400 | $66,600 |
Source: Public Records
Agents Affiliated with this Home
-
Regis Handley
Seller's Agent in 2026
Regis Handley
Howard Hanna
(716) 307-9256
234 Total Sales
-
Deon Gayton
DG
Buyer's Agent in 2026
Deon Gayton
EXP-Premier Listings Team
(716) 790-2852
7 Total Sales
Map
Source: Chautauqua-Cattaraugus Board of REALTORS®
MLS Number: R1637766
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