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  • $280,000

    469 N Branch Rd, Eldred, PA 16731

    6beds
    1,326sqft
    Multi Family
    Built in 1930
    -- sqft lot
    $-- Zestimate®
    $211/sqft
    $1,322 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,322/mo

    Zestimate® history
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    What's special

    Unlock the potential of this exceptional multi-faceted property, offering immediate rental income, a move-in ready primary residence, and substantial land value. The centerpiece is a fully renovated single-family home featuring three bedrooms (with potential for a 4th) and a modernized full bath. Designed for longevity and low maintenance, the house underwent a complete renovation 8 years ago, including new wiring, heating system, roof, siding, windows, and partial foundation work. The first-floor laundry and two main-level bedrooms offer convenient single-level living. The investment portfolio also includes a 1994 single-wide mobile home (3 bed/1 bath), providing a second stream of rental income. Both dwellings are currently occupied by tenants and equipped with independent water softeners. (Tax ID #20-001-118-02A) Beyond the homes lies 58.75 acres (Tax ID #20-001-118-01) of expansive land enrolled in the Clean & Green program for tax efficiency. This parcel is not just scenic; it also holds significant tangible value, with an official March 2025 timber estimate of $35,000– $40,000 for the standing timber. Whether you are an investor seeking a diversified asset or an owner-occupant looking for a homestead that pays for itself, this property delivers. This property is conveniently located 33 minutes from Allegheny National Forest, 43 minutes from Holiday Valley in Ellicottville, about one hour from Cherry Springs State Park Astronomy Observation, and just 20 minutes South of Olean. This location is not as far out as it feels.

    Zillow last checked: 7 hours ago

    Listing updated: April 02, 2026 at 05:35am

    Listed by:

    Paul Pezzimenti 716-378-7039,

    Howard Hanna Professionals - Olean,

    Nicole Roche 724-953-6911,

    Howard Hanna Professionals - Olean

    Bought with:

    Nancy J. Rathbun, AB067132

    Howard Hanna Professionals - Smethport

    Source: NYSAMLSs,MLS#: R1655499MLS LogoOriginating MLS: Chautauqua-Cattaraugus

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Gas, Forced Air
    Appliances
    • Included: Electric Water Heater, Water Softener Owned
    Features
    • Ceiling Fan(s)
    • Flooring: Carpet, Varies, Vinyl
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 1,326
    • Total interior livable area: 1,326 sqft

    Property

    Parking
    • Parking features: Gravel, Parking Available, Two or More Spaces
    Features
    • Patio & porch: Covered, Porch
    • Waterfront features: River Access, Stream
    Lot
    • Size: 62.50 Acres
    • Dimensions: 2670 x 1900
    • Features: Rectangular, Rectangular Lot, Secluded, Wooded
    Details
    • Additional parcels included: 2000111802A, 2000111801
    • Parcel number: 2000111802
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding, Copper Plumbing, PEX Plumbing
    • Foundation: Block, Poured
    • Roof: Metal
    Condition
    • Resale
    • Year built: 1930

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Holding Tank
    • Water: Well
    • Utilities for property: Cable Available, Electricity Connected, High Speed Internet Available

    Community & neighborhood

    Location
    • Region: Eldred

    Other

    Other facts
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    4/1/2026Sold$280,000-16.4%$211/sqft
    Source: NYSAMLSs #R1655499 Report a problem
    2/2/2026Pending sale$334,900$253/sqft
    Source: NYSAMLSs #R1654698 Report a problem
    1/18/2026Contingent$334,900$253/sqft
    Source: Northern Mountains of Pennsylvania MLS #31723687 Report a problem
    12/22/2025Listed for sale$334,900+2526.5%$253/sqft
    Source: Northern Mountains of Pennsylvania MLS #31723687 Report a problem
    11/12/2013Sold$12,751$10/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,213 +5.8%$32,420
    2024$1,147 $32,420
    2023$1,147 $32,420

    Find assessor info on the county website

    Neighborhood: 16731

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Otto Eldred Elementary
    • Middle: Otto Eldred Jr/Sr. High
    • High: Otto Eldred Jr/Sr. High
    • District: Otto Eldred Area

    Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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