$184,900

705 Irving St Olean, NY 14760

Estimated payment $1,437/month

Total Views 12,478
6 Beds
2 Baths
2,570 Sq Ft
$72 Price per Sq Ft

Highlights

  • Hot Property
  • Wood Flooring
  • Baseboard Heating
  • 0.35 Acre Lot
  • Forced Air Zoned Heating and Cooling System
  • 1 Car Garage

About This Home

Beautifully renovated upper/lower duplex located in a prime Olean neighborhood, offering an excellent investment opportunity or ideal owner-occupied setup. This spacious property features a total of 2,570 square feet, with each unit offering 3 bedrooms and 1 full bath. Numerous updates have been completed, including new windows, vinyl siding, updated kitchens and bathrooms, new flooring, fresh paint throughout, front and back decks, and more. The lower unit is heated with gas, while the upper unit features multi-zoned electric heat. Additional highlights include a detached one-car garage, storage shed, a generous backyard, and an extra lot that conveys with the property—providing added value and space. Conveniently located near downtown Olean, this property offers easy access to shopping, dining, schools, parks, and other local amenities. A move-in ready duplex with modern updates and flexible potential—don’t miss this opportunity!

Listing Agent

Jerry Thompson

Listing by Century 21 North East License #10301222678 Listed on: 12/16/2025

Century 21 North East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,639

Year Built

  • Built in 1927

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 115x170
  • Irregular Lot
  • 041200-094-072-0004-006-000-0000

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 2,570 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Washer Hookup

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Olean Middle School
  • Olean Senior High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • PEX Plumbing
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 041200-094-072-0004-005-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Gas Meter
  • Operating Expense $2,400
  • Gross Income $21,720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,639

Year Built

Built in 1927

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Water
  • Year Built: 1927
  • ResoLaundryFeatures: Washer Hookup
  • Lot Features: Irregular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Directions: Near Irving & S 7th
  • Architectural Style: Duplex
  • Flooring: Hardwood, Luxury Vinyl, Varies
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Gas Water Heater
  • Basement: Full, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.352
  • Waterfront: No
  • Construction Type: Vinyl Siding, PEX Plumbing
  • Foundation Details: Stone

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Concrete, Garage, Two or More Spaces

Utilities

  • Cooling: Zoned
  • Heating: Gas, Zoned, Baseboard, Electric, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean
  • Ninth Grade High School: Olean Senior High
  • Middle Or Junior School: Olean Middle

Lot Info

  • Parcel Number: 041200-094-072-0004-005-000-0000
  • Lot Dimensions: 115X170
  • Lot Size Sq Ft: 15319.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 041200-094-072-0004-006-000-0000
  • Zoning Description: Residential 2 Unit

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 21720.0
  • Annual Operating Expense: 2400.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 5639.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $3,667 $58,000 $5,300 $52,700
2023 $2,184 $58,000 $5,300 $52,700
2022 $2,215 $58,000 $5,300 $52,700
2021 $2,279 $58,000 $5,300 $52,700
2020 $2,295 $58,000 $5,300 $52,700
2019 $871 $58,000 $5,300 $52,700
2018 $3,129 $58,000 $5,300 $52,700
2017 $2,351 $58,000 $5,300 $52,700
2016 $2,325 $58,000 $5,300 $52,700
2015 -- $58,000 $5,300 $52,700
2014 -- $58,000 $5,300 $52,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2025 12/16/25 For Sale $184,900 -- $72 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $30,340 None Available
Foreclosure Deed -- None Available
Deed $55,000 None Available
Deed $55,000 None Available
Warranty Deed $55,500 --
Warranty Deed $55,500 --
Warranty Deed $55,500 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Executors Deed $28,000 --
Executors Deed $28,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $48,000 Unknown
Source: Public Records

About the Listing Agent

Jerry Thompson

Listing by Century 21 North East

(585) 669-3241

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Jerry, a highly accomplished real estate professional, has over 35 years of experience in the industry and has sold over 1600 properties worth a staggering 375 million dollars. His exceptional production and service grades have earned him The Century 21 Presidents Producer Awards 13 years in a row, a testament to his unwavering commitment to excellence. As a seasoned expert in Western New York real estate, Jerry's in-depth knowledge of the local market provides his clients with a significant

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

MLS Number: B1654973

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-072-0004-005-000-0000