227 N 5th St, Olean, NY 14760
Property image
Property image
OFF MARKET

227 N 5th St
Olean, NY 14760

  • 2 Beds
  • 1 Bath
  • 1,446 sqft
2 Beds
1 Bath
1,446 sqft

Local Information

  • Map ViewExplore the area around 227 N 5th St.
  • Schools1 Preschool School2 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Living Area
1,446 sqft

About this House

Newly renovated 2 bed, 1 bath house, new flooring, bathroom, kitchen, and freshly painted. 3 large rooms downstairs. On a quiet street within walking distance of downtown and Oakhill park at the end of the street.

On street parking only, no dogs, cats will be considered. Owner lives nextdoor. Washer and dryer hookups available.

Call or text for a walk though or more information . Leave a message and we will get back to you as soon as we can.

Yearly lease. First month and security deposit due when moving in. Rent due 1st of each month. Owner pays for water and provides one trash can with weekly pickup. All other utilities are renters responsibility. No dogs, cats will be considered. On street parking only. Owner will take care of the yard during the summer.
227 N 5th St, Olean, NY 14760 is a 2 bedroom, 1 bathroom, 1,446 sqft single-family home. It last sold for $7,400 on Jul 18, 2018 (543% above the $1,150 asking price). More recently, it was listed as a rental in August 2024 with an asking price of $1,200 per month. That rental listing was removed on September 13, 2024. It is currently off market. The Trulia Estimate rent is $1,188/month.

Home Details for 227 N 5th St

Interior Features

Heating & Cooling
Heating: BaseboardHeating Fuel: Baseboard
Levels, Entrance, & Accessibility
Floors: Hardwood, Tile

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Price History for 227 N 5th St

DatePriceEventSource
09/13/2024$1,150ListingRemovedZillow Rentals
08/17/2024$1,200Listed For RentZillow Rentals
08/02/2024ListingRemovedZillow Rentals
08/01/2024$1,200Listed For RentZillow Rentals
07/18/2018$7,400Sold
N/A
11/18/2010$29,900ListingRemovedAgent Provided
10/22/2010$29,900Listed For SaleAgent Provided
07/31/2001$30,000Sold
N/A

Market trends in Olean

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
66
4MoM
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Property Tax and Assessment

Year2025
Tax
Assessment$14,085
Home facts updated by county records

Comparable Sales for 227 N 5th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
603 Putnam St, Olean, NY
0.18
Single-Family Home
$60,000
04/27/26
3
1
1,586
319 N 7th St, Olean, NY
0.16
Single-Family Home
$80,000
07/29/26
3
1
1,238
123 S 4th St, Olean, NY
0.34
Single-Family Home
$90,000
02/06/26
2
1
1,300
1005 Buffalo St, Olean, NY
0.26
Single-Family Home
$82,000
09/15/25
3
1
1,320
126 N 7th St, Olean, NY
0.18
Single-Family Home
$133,000
09/29/25
3
1
1,152
126 S 5th St, Olean, NY
0.32
Single-Family Home
$18,000
07/22/26
3
1.5
1,725
334 N 13th St, Olean, NY
0.47
Single-Family Home
$74,500
01/22/26
2
1
1,392
124 W Green St, Olean, NY
0.59
Single-Family Home
$20,000
06/18/26
3
1
1,406
337 N 6th St, Olean, NY
0.15
Single-Family Home
$131,000
08/22/25
5
1
1,682
316 N 3rd St, Olean, NY
0.19
Single-Family Home
$120,000
04/21/26
4
1
1,945

Nearby homes

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Assigned Schools

These are the assigned schools for 227 N 5th St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Olean

At least 74 Trulia users voted on each feature.

  • 88 % Say there are sidewalks

  • 87 % Say yards are well-kept

  • 87 % Say it's dog friendly

  • 83 % Say parking is easy

  • 79 % Say there's holiday spirit

  • 78 % Say car is needed

  • 74 % Say kids play outside

  • 73 % Say it's walkable to restaurants

  • 72 % Say it's walkable to grocery stores

  • 68 % Say streets are well-lit

  • 63 % Say people would walk alone at night

  • 61 % Say there's wildlife

  • 55 % Say neighbors are friendly

  • 51 % Say it's quiet

  • 43 % Say they plan to stay for at least 5 years

  • 26 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Anonymous
    "There are not many kids in the neighborhood and no kid friendly parks within 10 minutes."
    0
    Flag
  • Treshina Parks
    "There is a dog park. There are two spaces and they are separated by a fence. And people are very respectful. "
    0
    Flag
  • Kcchase5
    "I do not own a dog. But I see the dogs being walked around town and in the parks. As long as they are calm and not aggressive. "
    0
    Flag
  • Trulia User
    "what kind of education and attention their getting from school! Its beat to know what kind of ppl their hanging around, role models and inspiring ppl!"
    0
    Flag
  • Susan.kriner
    "We’re close to many public events at War Vets Park and Bradners Stadium. Too many to list! Far enough away to hear the echo’s but not have it overwhelmingly take over our daily life. "
    2
    Flag
  • Kristin B.
    "This is a great place to live and raise your kids. Police patrol regularly in crime is low. Recreational activities available as well"
    0
    Flag
  • Kristin B.
    "Recreational programs offered like ice skating, sports events, youth sport sign ups. Police patrol through the city often"
    0
    Flag
  • Kristin B.
    "I lived here for 10 years and it’s a great place to raise kids. House prices are reasonable and there is a heavy police presence protecting the area all the time"
    2
    Flag
  • Skbb18
    "Strollean - big fun party. Local breweries. Great fireworks. Cutco visitor’s center. Lots of parks. Beef and barrel restaurant."
    0
    Flag
  • Corinne Q.
    "Dogs are being walked all the time. The neighborhood is quiet and peaceful. There are sidewalks which are well maintained and neighbors are friendly. "
    0
    Flag
  • Katlyn L.
    "Incredibly walkable, which is great for teenagers and people without cars. Some areas are not great traffic wise but that's to be expected."
    1
    Flag
  • TZ
    "I just moved out of the city but lived there in my last house for ten years. My neighbors became my friends. We helped each other and looked after each other. Everyone on our block maintained their homes and yards well. It was a great West End neighborhood. Plus, it was convenient to everything - grocery, bank, gym, restaurant, movie and even the liquor store!"
    0
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  • Kelly
    "Restaurants, groceries and retail shops all within easy walking distance but with the river nearby there is a country-feel too"
    0
    Flag
  • Robert W.
    "I have lived here for almos 40 years and have never encountered neighbors like these. These neighbors drive past our house blowing their horns at obscene hours of the day, they tell obscenities at me and my mother and claim they are "vigilantes" carrying out "mob rule." We have had enough of the harassing comments, destruction of our property, and the camera pointed off their house and into my bedroom. Someone moving into Fountain Street beware."
    14
    Flag
  • Bob K.
    "there are many families and many grandparents in this neighborhood. There is a nice playground with ballground and basketball hoop. The park has a spotlight to illuminate at night ."
    0
    Flag
  • Karri E. J.
    "I work and live here. It's a great place to either retire or raise children. Downtown is only a couple of blocks away. The library is located a block away. "
    1
    Flag
  • Saadzmirza
    "A nice neighborhood with friendly people and scenically overlooks the Olean Metro Area. Some notable Olean residents live here."
    1
    Flag

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Apartments for Rent

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Homes for sale near 227 N 5th St

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Off Market Homes Near 227 N 5th St

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Frequently asked questions about 227 N 5th St

  • What is the price history for 227 N 5th St?
    227 N 5th St in Olean, NY last sold for $7,400 in July 2018.
  • Is Olean a buyer's or seller's market?
    Olean is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Olean?
    Residents describe Olean, NY as pedestrian-friendly, well-kept, and dog-friendly. See recently sold homes in Olean, NY.
  • What are the closest schools to 227 N 5th St?
    The closest schools to 227 N 5th St in Olean, NY are Olean Middle School (Elementary, rated 4/10), Olean Senior High School (Middle, rated 6/10), Washington West Elementary School (Pre-K, rated 2/10).