1019 Spruce St #1
Olean, NY 14760
- 5 Beds
- 4 Baths
- 2,608 sqft
5 Beds
4 Baths
2,608 sqft
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1950
Living Area
2,608 sqft
Price/Sqft
$15
About this House
Here is a money making apartment house, There are 4 apartments. One of them is empty. All the utilities are separated including the water, however the owner is responsible for collecting the water bill plus the rent.
The seller would like to sell this house plus the neighboring house, 1025 Spruce St, together. Of course at this price there are improvements to be made, but there is so much potential. All the tenants want to stay. There are a couple of garages that need to be torn down. The total income for this house is $1,800 per month. There is plenty of off street parking. Take a drive and check out the neighborhood.
The seller would like to sell this house plus the neighboring house, 1025 Spruce St, together. Of course at this price there are improvements to be made, but there is so much potential. All the tenants want to stay. There are a couple of garages that need to be torn down. The total income for this house is $1,800 per month. There is plenty of off street parking. Take a drive and check out the neighborhood.
1019 Spruce St #1, Olean, NY 14760 is a 5 bedroom, 4 bathroom, 2,608 sqft multi-family built in 1950. It last sold for $40,000 on Sep 19, 2025 (11% below the $45,000 asking price). It is currently off market. The Trulia Estimate is $38,600, with a rent estimate of $1,152/month.
Home Details for 1019 Spruce St #1
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MLS Status: Closed |
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Interior Details Basement: Dirt Floor,Full |
Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 4Number of Bathrooms (full): 4 |
Dimensions and Layout Living Area: 2608 Square Feet |
Appliances & Utilities Utilities: Sewer Connected, Water ConnectedAppliances: Gas Water Heater |
Heating & Cooling Heating: Gas,Gravity,Space Heater,Wall FurnaceHas HeatingHeating Fuel: Gas |
Fireplace & Spa No Fireplace |
Windows, Doors, Floors & Walls Flooring: Carpet, Varies, Vinyl |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoFloors: Carpet, Varies, Vinyl |
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Exterior Home Features Roof: Asphalt |
Parking & Garage Parking: Gravel,Two or More Spaces,Unpaved |
Frontage Road Frontage: City StreetNot on Waterfront |
Water & Sewer Sewer: Connected |
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Cumulative Days on Market: 3 |
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Year Built Year Built: 1950 |
Property Type / Style Property Type: ResidentialProperty Subtype: Quadruplex, Multi FamilyArchitecture: Fourplex |
Building Construction Materials: Fiber Cement, Frame, Vinyl Siding |
Property Information Condition: ResaleParcel Number: 04120009404800010100000000 |
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Price List Price: $45,000 |
Status Change & Dates Off Market Date: Fri Jul 11 2025Possession Timing: Negotiable, Rental Agreement |
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Direction & Address City: Olean |
School Information Elementary School District: OleanJr High / Middle School District: OleanHigh School District: Olean |
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Building Area Building Area: 2608 Square Feet |
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Not Senior CommunityUnits in Building: 4 |
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Association for this Listing: Buffalo |
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Lot Area: 4356 sqft |
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Special Conditions: Estate |
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Listing Terms: Cash, Rehab Financing |
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Rent Includes: Gardener, WaterOwner Pays: Grounds Care, Water |
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BasementMls Number: B1620966Living Area Range Units: Square FeetAttribution Contact: 585-610-5805Universal Property Id: US-36009-N-04120009404800010100000000-R-N |
Last check for updates: about 3 hours ago
Listed by Linda M Simons, (585) 610-5805
ERA Team VP Real Estate
Bought with: Ronald F. Wolf, (716) 307-7117, Real Estate Pros & More
Originating MLS: Buffalo
Source: NYSAMLSs, MLS#B1620966

Price History for 1019 Spruce St #1
| Date | Price | Event | Source |
|---|---|---|---|
| 09/19/2025 | $40,000 | Sold | NYSAMLSs #B1620966 |
| 07/11/2025 | $45,000 | Pending | NYSAMLSs #B1620966 |
| 07/08/2025 | $45,000 | Listed For Sale | NYSAMLSs #B1620966 |
Market trends in Olean
Last updated June 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
66
4MoM
Comparable Sales for 1019 Spruce St #1
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
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0.01 | Multi-Family Home | $40,000 | 09/19/25 | 5 | 2 | 1,728 | |
0.23 | Multi-Family Home | $108,000 | 02/03/26 | 6 | 4 | 2,800 | |
0.15 | Multi-Family Home | $74,000 | 08/14/25 | 4 | 2 | 1,738 | |
0.42 | Multi-Family Home | $84,900 | 04/17/26 | 4 | 3 | 2,764 | |
0.41 | Multi-Family Home | $45,000 | 01/02/26 | 4 | 2 | 2,240 | |
0.93 | Multi-Family Home | $105,000 | 08/08/25 | 5 | 3.5 | 2,566 | |
0.66 | Multi-Family Home | $150,000 | 08/12/25 | 4 | 4 | 3,800 | |
0.66 | Multi-Family Home | $94,000 | 07/09/26 | 4 | 3 | 2,033 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 1019 Spruce St #1.
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.
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