1507 W State St, Olean, NY 14760
SOLD
FEB 24, 2026

1507 W State St
Olean, NY 14760

  • 4 Beds
  • 3 Baths
  • 2,587 sqft

$173,000

Last Sold: Feb 24, 2026
3% below list $179K
$67/sqft
Est. Refi. Payment $1,292/mo*
Refinance Your Home

$173,000

Last Sold: Feb 24, 2026
3% below list $179K
$67/sqft
Est. Refi. Payment $1,292/mo*
Refinance Your Home
4 Beds
3 Baths
2,587 sqft

Local Information

  • Map ViewExplore the area around 1507 W State St.
  • Schools1 Preschool School2 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Well maintained 3 unit multi family apartment centrally located in Olean. 2 lower aprtments are 1 bedroom, 1 bathroom and are always filled. The upper apartment has 2 bedrooms , 1 bathroom and 1 office which could be used as a 3rd bedroom. This apartment building has hardwood floors throughout, High ceilings, newer electric. Washer and dryer for each apartment. The apartment is located on a double lot with 2 long standing commercial businesses on each side. Very valuable Real Estate. The lot is big enough to add a 3rd or 4th unit.This apartment building turn key and an instant money maker. The reason the owner is selling is his advanced age.
1507 W State St, Olean, NY 14760 is a 4 bedroom, 3 bathroom, 2,587 sqft multi-family built in 1910. It last sold for $173,000 on Feb 24, 2026 (3% below the $179,000 asking price). It is currently off market. The Trulia Estimate is $169,400, with a rent estimate of $1,131/month.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$67/sqft
Listed
180+ days ago

Home Details for 1507 W State St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Partial
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 2587 Square Feet
Appliances & Utilities
Utilities: Sewer Connected, Water ConnectedAppliances: Gas Water Heater
Heating & Cooling
Heating: Gas,Forced Air,Wall FurnaceHas HeatingHeating Fuel: Gas
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Flooring: Carpet, Hardwood, Varies
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Levels: TwoFloors: Carpet, Hardwood, Varies

Exterior Features

Exterior Home Features
Roof: AsphaltFoundation: Poured
Parking & Garage
Parking: Parking Available
Frontage
Road Frontage: Main ThoroughfareNot on Waterfront
Water & Sewer
Sewer: Connected

Days on Market

Cumulative Days on Market: 4

Property Information

Year Built
Year Built: 1910
Property Type / Style
Property Type: ResidentialProperty Subtype: Triplex, Multi FamilyArchitecture: Triplex
Building
Construction Materials: Aluminum Siding, Shake Siding
Property Information
Condition: ResaleParcel Number: 04120009406300060190000000

Price & Status

Price
List Price: $179,000Price Per Sqft: $67/sqft
Status Change & Dates
Off Market Date: Wed Nov 12 2025Possession Timing: Close Of Escrow

Location

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

Building

Building Area
Building Area: 2587 Square Feet

Community

Not Senior CommunityUnits in Building: 3

HOA

Association for this Listing: Buffalo

Lot Information

Lot Area: 8576.964 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional

Business

Expense
Tenant Pays: All Utilities

Miscellaneous

BasementMls Number: B1649894Living Area Range Units: Square FeetUniversal Property Id: US-36009-N-04120009406300060190000000-R-N
Last check for updates: about 10 hours ago
Listed by James Dwaileebe, (716) 307-2300
3D Real Estate LLC
Bought with: James Dwaileebe, (716) 307-2300, 3D Real Estate LLC
Originating MLS: Buffalo
Source: NYSAMLSs, MLS#B1649894

Price History for 1507 W State St

DatePriceEventSource
02/24/2026$173,000Sold
NYSAMLSs #B1649894
11/12/2025$179,000PendingNYSAMLSs #B1649894
11/08/2025$179,000Listed For SaleNYSAMLSs #B1649894

Market trends in Olean

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
62
8MoM
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Property Tax and Assessment

Year2025
Tax
Assessment$76,761
Home facts updated by county records

Comparable Sales for 1507 W State St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
216 N 15th St, Olean, NY
0.24
Multi-Family Home
$90,000
02/09/26
7
3
2,370
218 N 15th St, Olean, NY
0.25
Multi-Family Home
$105,000
08/08/25
5
3.5
2,566
207 N 11th St, Olean, NY
0.29
Multi-Family Home
$123,000
05/11/26
5
2
2,452
128 S 8th St, Olean, NY
0.38
Multi-Family Home
$60,000
03/13/26
5
2.5
2,448
135 N 6th St, Olean, NY
0.51
Multi-Family Home
$140,000
09/12/25
6
2
2,957
602 W Sullivan St, Olean, NY
0.64
Multi-Family Home
$150,000
08/12/25
4
4
3,800
315 Laurens St, Olean, NY
0.72
Multi-Family Home
$195,000
02/06/26
4
3.5
4,621
412-14 Laurens St, Olean, NY
0.67
Multi-Family Home
$130,000
08/07/25
5
4
4,369

Nearby homes

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Assigned Schools

These are the assigned schools for 1507 W State 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.
  • 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

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Apartments for Rent

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Explore by feature - Air Conditioning

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6 rentals with a washer/dryer in Olean, NY

Homes for sale near 1507 W State St

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Off Market Homes Near 1507 W State St

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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 2026-07-04 23:30:46 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.