108 S 5th St, Olean, NY 14760
OFF MARKET

108 S 5th St
Olean, NY 14760

  • 3 Beds
  • 2 Baths
  • 1,553 sqft

$44,200

Trulia Estimate
as of May 10, 2026
Est. Refi. Payment $377/mo*
Refinance Your Home

$44,200

Trulia Estimate
as of May 10, 2026
Est. Refi. Payment $377/mo*
Refinance Your Home
3 Beds
2 Baths
1,553 sqft

Homes for sale near 108 S 5th St

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Apartments for Rent

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Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Discover the perfect opportunity for investors or owner-occupants with this side-by-side duplex offering both convenience and potential. One unit boasts a long-standing tenant, providing immediate income, while the other is ready for your vision and a little TLC to bring it to its full potential.

Located on a quiet stretch of S 5th Street, the property offers easy street parking and a layout that maximizes privacy for both units. Each side features its own entrance, making it ideal for renters or multi-generational living.

With a bit of effort on one unit, you can unlock significant value and reap the benefits of steady rental income or comfortable living while your tenant helps cover expenses. Whether you're looking to add to your portfolio or step into property ownership, this duplex is a smart investment with plenty of upside.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from April 16, 2026

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 108 S 5th St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Full
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1553 Square Feet
Appliances & Utilities
Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water ConnectedAppliances: Gas Water Heater
Heating & Cooling
Heating: Gas,BaseboardHas HeatingHeating Fuel: Gas
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Flooring: Carpet, Hardwood, Varies
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Levels: TwoFloors: Carpet, Hardwood, Varies

Exterior Features

Parking & Garage
Parking: No Driveway,On Street
Frontage
Road Frontage: City StreetNot on Waterfront
Water & Sewer
Sewer: Connected

Days on Market

Cumulative Days on Market: 7

Property Information

Year Built
Year Built: 1915
Property Type / Style
Property Type: ResidentialProperty Subtype: Multi Family
Building
Construction Materials: Composite Siding, Copper Plumbing
Property Information
Condition: ResaleParcel Number: 04120009406400130150000000

Price & Status

Price
List Price: $49,900
Status Change & Dates
Off Market Date: Tue Jan 28 2025Possession Timing: Close Of Escrow

Location

Direction & Address
City: Olean
School Information
Elementary School: Washington West ElementaryElementary School District: OleanJr High / Middle School: Olean MiddleJr High / Middle School District: OleanHigh School: Olean Senior HighHigh School District: Olean

Building

Building Area
Building Area: 1553 Square Feet

Community

Not Senior CommunityUnits in Building: 2

HOA

Association for this Listing: Chautauqua-Cattaraugus

Lot Information

Lot Area: 1920.996 sqft

Listing Info

Special Conditions: Estate

Offer

Listing Terms: Cash, Conventional

Rental Terms, Policies & Fees

Rent Includes: WaterOwner Pays: Water

Miscellaneous

BasementMls Number: R1585330Living Area Range Units: Square FeetAttribution Contact: 716-378-7039Universal Property Id: US-36009-N-04120009406400130150000000-R-N
Last check for updates: about 2 hours ago
Listed by Paul Pezzimenti, (716) 378-7039
Howard Hanna Professionals - Olean
Bought with: Regis Handley, (716) 307-9256, Howard Hanna Professionals - Olean
Originating MLS: Chautauqua-Cattaraugus
Source: NYSAMLSs, MLS#R1585330

Price History for 108 S 5th St

DatePriceEventSource
04/09/2025$46,500Sold
NYSAMLSs #R1585330
01/28/2025$49,900PendingNYSAMLSs #R1585330
01/22/2025$49,900Listed For SaleNYSAMLSs #R1585330
10/07/1996$17,500Sold
N/A
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Property Tax and Assessment

Year2025
Tax
Assessment$46,197
Home facts updated by county records

Comparable Sales for 108 S 5th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
125 S 7th St, Olean, NY
0.11
Multi-Family Home
$79,900
10/29/25
3
3
1,918
111 S 6th St, Olean, NY
0.04
Multi-Family Home
$70,000
09/12/25
5
2
3,600
317 N 6th St, Olean, NY
0.39
Multi-Family Home
$63,100
02/06/26
3
2
1,680
117 N 8th St, Olean, NY
0.21
Multi-Family Home
$114,000
12/22/25
2
2
2,021
118 S 8th St, Olean, NY
0.19
Multi-Family Home
$103,500
11/21/25
2
2
1,614
116 E Green St, Olean, NY
0.48
Multi-Family Home
$88,000
06/13/25
2
-
2,052
1015 Washington St, Olean, NY
0.35
Multi-Family Home
$90,000
06/06/25
4
2
1,988
316 W Henley St, Olean, NY
0.18
Multi-Family Home
$75,000
04/07/26
6
2
2,304
604 Irving St, Olean, NY
0.15
Multi-Family Home
$144,160
06/09/25
4
2
2,158

Assigned Schools

These are the assigned schools for 108 S 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

Learn more about our methodology.
  • 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
    Flag
  • 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

LGBTQ Local Legal Protections

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, UNYREIS and WNYREIS. Real estate listings held by firms other than Zillow, Inc. are marked with the IDX logo and include the Listing Broker’s Firm Name. Listing Data last updated at 2026-05-10 03:35:54 PDT. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2026 CNYIS, UNYREIS, WNYREIS. All rights reserved.

Homes for rent near 108 S 5th St

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Off Market Homes Near 108 S 5th St

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108 S 5th St, Olean, NY 14760 is a 3 bedroom, 2 bathroom, 1,553 sqft multi-family built in 1915. This property is not currently available for sale. 108 S 5th St was last sold on Apr 9, 2025 for $46,500 (7% lower than the asking price of $49,900). The current Trulia Estimate for 108 S 5th St is $44,200.