1313 Reed St, Olean, NY 14760
Property image
Property image
FOR SALE

$59,000

  • 4 Beds
  • 2 Baths
  • 1,666 sqft

1313 Reed St, Olean, NY 14760

Est. Mortgage $508/mo*
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Home Highlights

Multi-Family
Built in 1892
$35/sqft

Local Information

  • Map ViewExplore the area around 1313 Reed St.
  • Schools1 Preschool School2 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Opportunity awaits in the heart of Olean! This two-unit property is a solid option for those looking to add to their portfolio or start building rental income. Featuring separate gas, electric, and water utilities, the setup allows for added convenience and flexibility. This property offers a closed in backyard with parking options.

The property is priced to reflect the work needed, offering the chance to improve and maximize its potential. With the right updates, this could become a strong income-producing asset.

Conveniently located near local amenities, shopping, and dining, this property combines location, value, and opportunity—an ideal project for those ready to make it their own.
Last check for updates: about 6 hours ago
Listing by: EXP-Premier Listings Team, (888) 276-0630
Christine Calbi, (716) 907-7205
EXP-Premier Listings Team, (888) 276-0630
Claudia Attard-Keary, (716) 307-8894
Originating MLS: Chautauqua-Cattaraugus
Source: NYSAMLSs, MLS#R1673225
Also Listed on NYSAMLSs.

Home Details for 1313 Reed St

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Full
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1666 Square Feet
Appliances & Utilities
Utilities: Sewer Connected, Water ConnectedAppliances: Gas Water Heater
Heating & Cooling
Heating: Gas,Forced AirHas HeatingHeating Fuel: Gas
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Flooring: Hardwood, Laminate, Varies
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Levels: TwoFloors: Hardwood, Laminate, Varies

Exterior Features

Parking & Garage
Parking: One Space
Frontage
Road Frontage: City StreetNot on Waterfront
Water & Sewer
Sewer: Connected

Days on Market

Days on Market: 153

Property Information

Year Built
Year Built: 1892
Property Type / Style
Property Type: ResidentialProperty Subtype: Duplex, Multi FamilyArchitecture: Duplex
Building
Construction Materials: Other, See Remarks, Pre-Cast Concrete
Property Information
Condition: ResaleParcel Number: 04120009405600010160000000

Price & Status

Price
List Price: $59,000Price Per Sqft: $35
Status Change & Dates
Possession Timing: Close Of Escrow

Location

Direction & Address
City: Olean
School Information
Elementary School District: OleanJr High / Middle School District: OleanHigh School District: Olean

Agent Information

Listing Agent
Listing ID: R1673225

Building

Building Area
Building Area: 1666 Square Feet

Community

Not Senior CommunityUnits in Building: 2

HOA

Association for this Listing: Chautauqua-Cattaraugus

Lot Information

Lot Area: 4477.968 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash

Rental Terms, Policies & Fees

Rent Includes: WaterOwner Pays: Water

Miscellaneous

BasementMls Number: R1673225Living Area Range Units: Square FeetAttribution Contact: 716-907-7205Universal Property Id: US-36009-N-04120009405600010160000000-R-N

Around this home

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
    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

Market trends in Olean

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
63
9MoM

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
207 N 11th St, Olean, NY
0.20
Multi-Family Home
$123,000
05/11/26
5
2
2,452
317 N 6th St, Olean, NY
0.39
Multi-Family Home
$63,100
02/06/26
3
2
1,680
111 S 7th St, Olean, NY
0.56
Multi-Family Home
$121,500
06/23/26
4
2
2,326
201 N 18th St, Olean, NY
0.39
Multi-Family Home
$130,000
08/31/26
3
3
1,342
216 N 15th St, Olean, NY
0.21
Multi-Family Home
$90,000
02/09/26
7
3
2,370
311 Irving St, Olean, NY
0.87
Multi-Family Home
$55,000
08/26/26
4
2
1,877
117 N 8th St, Olean, NY
0.43
Multi-Family Home
$114,000
12/22/25
2
2
2,021
125 S 7th St, Olean, NY
0.59
Multi-Family Home
$79,900
10/29/25
3
3
1,918

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
334 N 13th St, Olean, NY 14760
0.01
$74,500
2
1
1,392
Recently Sold
1307 Reed St, Olean, NY 14760
0.02
-
2
2
1,105
Off Market
323 N 12th St, Olean, NY 14760
0.05
$140,300
4
2
1,678
Off Market
307 N 13th St, Olean, NY 14760
0.09
$127,500
3
1.5
1,342
Off Market
309 N 12th St, Olean, NY 14760
0.07
$64,999
2
1.5
1,236
For Sale
305 N 13th St, Olean, NY 14760
0.10
$79,800
4
2
1,460
Off Market
318 N 12th St, Olean, NY 14760
0.07
$144,300
4
2.5
1,536
Off Market
1213 W Sullivan St, Olean, NY 14760
0.14
$154,400
4
2
1,520
Off Market
312 N 11th St, Olean, NY 14760
0.13
$99,900
4
2
1,505
For Sale
216 N 14th St, Olean, NY 14760
0.16
$143,000
3
1.5
1,516
Recently Sold
1-10 Olds Ct, Olean, NY 14760
0.15
$323,000
Studio
-
10,080
Off Market

Price and Tax history

DateEventPrice
Apr 20, 2026
Source: NYSAMLSs #R1673225
Listed For Sale
$59,000
May 28, 1999
Source: N/A
Sold
$23,000
Dec 23, 1997
Source: N/A
Sold
$12,500

LGBTQ Local Legal Protections

Christine Calbi, EXP-Premier Listings Team, (888) 276-0630
Agent Phone: (716) 907-7205
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 2026-09-20 11:55:20 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.

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Frequently asked questions about 1313 Reed St

  • What is the estimated monthly payment for 1313 Reed St?
    Based on a $59,000 list price with 20% down at today's rates, the estimated monthly payment for 1313 Reed St in Olean, NY is approximately $512 (about $317 principal & interest, $120 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What do residents say about Olean?
    Residents describe Olean, NY as pedestrian-friendly, well-kept, and dog-friendly. See homes for sale in Olean, NY.
  • What are the closest schools to 1313 Reed St?
    The closest schools to 1313 Reed 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).
  • Does 1313 Reed St have parking?
    Yes, 1313 Reed St in Olean, NY has on-site parking.
1313 Reed St, Olean, NY 14760 is a 4 bedroom, 2 bathroom, 1,666 sqft multi-family built in 1892. This property is currently available for sale and was listed by NYSAMLSs on Apr 20, 2026. The MLS # for this home is MLS# R1673225.