Active

$149,900

521 2nd Ave, Olean, NY 14760

5beds

3,202sqft

Multi Family

Built in 1910

-- sqft lot

$126,800 Zestimate^®

$47/sqft

$-- HOA

What's special

This 4 unit investment property is located in the heart of Olean, close to the hospital, manufacturing locations, schools, the highway and the restaurants and shops downtown! Currently, this building has one vacant unit and the property is managed by On Point Property Management. Which is great news for investors or someone who wants to owner occupy the building. All of the utilities have been split up and are paid by the tenants.

3 days

208

6

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4
Full bathrooms: 4

Heating

Gas, Forced Air

Appliances

Included: Gas Water Heater

Features

Ceiling Fan(s)
Flooring: Carpet, Laminate, Varies
Basement: Full
Has fireplace: No

Interior area

Total structure area: 3,202
Total interior livable area: 3,202 sqft

Property

Parking

Parking features: Common, Gravel, Two or More Spaces

Features

Levels: Two
Stories: 2

Lot

Size: 6,499.15 Square Feet
Dimensions: 50 x 130
Features: Rectangular, Rectangular Lot, Residential Lot

Details

Parcel number: 04120009405000010310000000
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl Siding

Condition

Resale
Year built: 1910

Utilities & green energy

Electric: Circuit Breakers
Sewer: Connected
Water: Connected, Public
Utilities for property: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected

Community & HOA

Location

Region: Olean

Financial & listing details

Price per square foot: $47/sqft
Tax assessed value: $90,000
Annual tax amount: $5,051
Date on market: 12/15/2025
Cumulative days on market: 4 days
Listing terms: Cash,Conventional,FHA
Tenant pays: All Utilities

Estimated market value

$126,800

$103,000 - $153,000

$961/mo

Price history

Date	Event	Price
12/16/2025	Listed for sale	$149,900+87.4%$47/sqft
Source: NYSAMLSs #B1654936 Report a problem
9/14/2020	Sold	$80,000-27.3%$25/sqft
Source: NYSAMLSs #R1259806 Report a problem
6/23/2020	Pending sale	$110,000$34/sqft
Source: Howard Hanna - Olean - Howard Hanna Professionals #R1259806 Report a problem
5/21/2020	Price change	$110,000-21.4%$34/sqft
Source: Howard Hanna - Olean - Howard Hanna Professionals #R1259806 Report a problem
4/10/2020	Listed for sale	$139,900+64.6%$44/sqft
Source: Howard Hanna - Olean - Howard Hanna Professionals #R1259806 Report a problem

Public tax history

Tax history is unavailable.

BuyAbility℠ payment

Estimated monthly payment

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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