$162,800
- 8 Beds
- 4 Baths
- 5,616 sqft
312 N 3rd St, Olean, NY 14760
Est. Refi. Payment $1,270/mo*
Refinance Your HomeCurrently Off Market - Sold Apr 27, 2026 for $161,000 (15% above list price)
Home Value
Trulia Estimate
$163KSince last month
Increased$2K (+1.5%)Since last year
Increased$37K (+29.8%)Since last sale
Increased$2K (+1.1%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +229% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $163K |
| August 2026 | $160K |
| July 2026 | $160K |
| June 2026 | $159K |
| May 2026 | $160K |
| April 2026 | $161K |
2025 | |
2023 | |
2022 | |
2021 | |
2019 | |
2018 | |
2017 | |
2016 | |
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 |
|---|---|---|---|---|---|---|---|
0.21 | Multi-Family Home | $195,000 | 02/06/26 | 4 | 3.5 | 4,621 | |
0.35 | Multi-Family Home | $155,000 | 12/01/25 | 8 | 5 | 2,950 | |
0.07 | Multi-Family Home | $94,000 | 07/09/26 | 4 | 3 | 2,033 | |
0.07 | Multi-Family Home | $156,000 | 07/09/26 | 5 | - | 5,700 | |
0.28 | Multi-Family Home | $84,900 | 04/17/26 | 4 | 3 | 2,764 | |
0.55 | Multi-Family Home | $110,000 | 05/07/26 | 6 | 2.5 | 3,576 | |
0.87 | Multi-Family Home | $108,000 | 02/03/26 | 6 | 4 | 2,800 | |
0.75 | Multi-Family Home | $90,000 | 02/09/26 | 7 | 3 | 2,370 | |
0.59 | Multi-Family Home | $145,000 | 07/10/26 | 6 | 2 | 2,570 |
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 |
|---|---|---|---|---|---|---|
0.08 | $136,000 | 8 | 3 | 2,838 | Off Market | |
0.11 | $139,300 | 4 | 1.5 | 2,748 | Off Market | |
0.07 | $156,000 | 5 | - | 5,700 | Recently Sold | |
0.07 | $94,000 | 4 | 3 | 2,033 | Recently Sold | |
0.13 | $271,500 | 6 | 2 | 2,722 | Off Market | |
0.14 | $224,600 | 6 | 3.5 | 3,628 | Off Market | |
0.12 | $307,500 | 5 | 3 | 3,752 | Recently Sold | |
0.14 | $85,400 | 4 | 2 | 1,714 | Off Market | |
0.14 | $210,800 | 8 | 3 | 4,658 | Off Market | |
0.16 | $150,500 | 4 | 4 | 3,800 | Off Market | |
0.16 | $135,600 | 4 | 1.5 | 2,281 | Off Market |
Local Information
-- mins to
Home Highlights
Multi-Family
Built in 1910
5,616 sqft
$29/sqft
About this House
Unlock a prime investment opportunity in the heart of the Oak Hill Historic District with this four-unit apartment building located directly across from Olean High School. This property features four spacious two-bedroom units and offers significant upside potential with current rents sitting well below market rates, allowing the next owner to capitalize on immediate value-add opportunities. A standout feature for investors is the fully separate utilities, with individual meters for gas, electricity, and water already in place to minimize owners' expenses. The building has been well-maintained overall, but its older roof presents a clear opportunity for capital improvements that align with potential future rent growth. Tenants will appreciate the convenience of off-street parking and the charm of private outdoor porch areas available with three of the units. The location offers the best of both worlds, situated on a quiet, historic street while remaining highly walkable to the shops, dining, and revitalization of downtown Olean.
312 N 3rd St, Olean, NY 14760 is a 8 bedroom, 4 bathroom, 5,616 sqft multi-family built in 1910. It last sold for $161,000 on Apr 27, 2026 (15% above the $139,900 asking price). More recently, it was listed as a rental in September 2018 with an asking price of $500 per month. That rental listing was removed on September 7, 2018. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $162,800, with a rent estimate of $1,840/month.
Last check for updates: about 16 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#R1657969

Home Details for 312 N 3rd St
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MLS Status: Closed |
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Interior Details Basement: Full |
Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 4Number of Bathrooms (full): 4 |
Dimensions and Layout Living Area: 5616 Square Feet |
Appliances & Utilities Utilities: Cable Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water ConnectedAppliances: Gas Water HeaterLaundry: Washer Hookup |
Heating & Cooling Heating: Gas,Forced AirHas HeatingHeating Fuel: Gas |
Fireplace & Spa No Fireplace |
Gas & Electric Electric: Circuit Breakers |
Windows, Doors, Floors & Walls Flooring: Carpet, Hardwood, Laminate, Varies |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoFloors: Carpet, Hardwood, Laminate, Varies |
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Exterior Home Features Roof: AsphaltFoundation: Block, Stone |
Parking & Garage Parking: Common,Parking Available,Two or More Spaces |
Frontage Road Frontage: City StreetNot on Waterfront |
Water & Sewer Sewer: Connected |
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Cumulative Days on Market: 14 |
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Year Built Year Built: 1910 |
Property Type / Style Property Type: ResidentialProperty Subtype: Quadruplex, Multi FamilyArchitecture: Fourplex |
Building Construction Materials: Composite Siding, Copper Plumbing, PEX Plumbing |
Property Information Condition: ResaleParcel Number: 04120009405700050090000000 |
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Price List Price: $139,900Price Per Sqft: $29/sqft |
Status Change & Dates Off Market Date: Tue Jan 27 2026Possession Timing: Close Of Escrow |
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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 |
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Building Area Building Area: 5616 Square Feet |
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Not Senior CommunityUnits in Building: 4 |
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Association for this Listing: Chautauqua-Cattaraugus |
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Lot Area: 8250.264 sqft |
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Special Conditions: Standard |
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Listing Terms: Cash, FHA |
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Expense Tenant Pays: All Utilities |
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BasementMls Number: R1657969Living Area Range Units: Square FeetAttribution Contact: 716-378-7039Universal Property Id: US-36009-N-04120009405700050090000000-R-N |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Apr 27, 2026 Source: NYSAMLSs #R1657969 | Sold | $161,000 |
Jan 29, 2026 Source: NYSAMLSs #R1657969 | Pending | $139,900 |
Jan 13, 2026 Source: NYSAMLSs #R1657969 | Listed For Sale | $139,900 |
Sep 7, 2018 Source: Agent Provided | ListingRemoved | $500 |
Sep 5, 2018 Source: Agent Provided | Listed For Rent | $500 |
Jan 17, 2018 Source: Agent Provided | ListingRemoved | $500 |
Nov 28, 2017 Source: Agent Provided | Listed For Rent | $500 |
Market trends in Olean
Last updated August 2026
Avg. sale price
—
Sale-to-List Price
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Price per sq ft
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Available listings
63
9MoM
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.
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Frequently asked questions about 312 N 3rd St
- What is 312 N 3rd St estimated to be worth?Trulia's estimated value for 312 N 3rd St in Olean, NY is $162,800.
- What is the price history for 312 N 3rd St?312 N 3rd St in Olean, NY last sold for $161,000 in April 2026.
- Is Olean a buyer's or seller's market?Olean is currently a balanced 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.
- Does 312 N 3rd St have laundry facilities?Yes, 312 N 3rd St in Olean, NY has laundry facilities.
- Does 312 N 3rd St have parking?Yes, 312 N 3rd St in Olean, NY has on-site parking.