$158,900
5 Beds
5,700 sqft
314 N 2nd St, Olean, NY 14760
Est. Refi. Payment $1,263/mo*
Refinance Your HomeCurrently Off Market - Sold Jul 9, 2026 for $156,000 (20% above list price)
Home Value
Trulia Estimate
$159KSince last month
Increased$3K (+2.2%)Since last year
Increased$4K (+2.2%)Since last sale
Increased$3K (+2.2%)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 +2% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| October 2026 | $159K |
| September 2026 | $159K |
| August 2026 | $156K |
| July 2026 | $156K |
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 |
|---|---|---|---|---|---|---|---|
0.07 | Multi-Family Home | $161,000 | 04/27/26 | 8 | 4 | 5,616 | |
0.22 | Multi-Family Home | $195,000 | 02/06/26 | 4 | 3.5 | 4,621 | |
0.02 | Multi-Family Home | $94,000 | 07/09/26 | 4 | 3 | 2,033 | |
0.29 | Multi-Family Home | $155,000 | 12/01/25 | 8 | 5 | 2,950 | |
0.28 | Multi-Family Home | $84,900 | 04/17/26 | 4 | 3 | 2,764 | |
0.56 | Multi-Family Home | $110,000 | 05/07/26 | 6 | 2.5 | 3,576 | |
0.46 | Multi-Family Home | $148,000 | 09/21/26 | 5 | 2 | 2,024 | |
0.62 | Multi-Family Home | $145,000 | 07/10/26 | 6 | 2 | 2,570 | |
0.32 | Multi-Family Home | $45,000 | 01/02/26 | 4 | 2 | 2,240 |
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 |
|---|---|---|---|---|---|---|
0.02 | $94,000 | 4 | 3 | 2,033 | Recently Sold | |
0.02 | $132,500 | 5 | 4 | 3,727 | Off Market | |
0.02 | $435 | 4 | 2 | 2,208 | Recently Sold | |
0.03 | - | 3 | 2 | 1,624 | Off Market | |
0.03 | $69,000 | 3 | 2 | 1,512 | Off Market | |
0.03 | - | 4 | 2 | 1,332 | Off Market | |
0.03 | $89,400 | 4 | 2 | 1,092 | Off Market | |
0.03 | - | Studio | - | - | Off Market | |
0.03 | - | 4 | 3 | 3,700 | Off Market | |
0.03 | $50,000 | 4 | 2 | 2,176 | Recently Sold | |
0.04 | $122,000 | 3 | 3 | 3,373 | Off Market | |
0.06 | - | - | - | - | Off Market | |
0.06 | $102,300 | 5 | 3 | 1,117 | Off Market | |
0.06 | - | - | - | - | Off Market | |
0.06 | $120,000 | 4 | 1 | 1,945 | Recently Sold | |
0.06 | - | 1 | 1 | 650 | Off Market | |
0.06 | - | - | - | - | Off Market | |
0.07 | - | - | - | - | Off Market | |
0.07 | - | - | - | - | Off Market | |
0.07 | $161,000 | 8 | 4 | 5,616 | Recently Sold |
Local Information
- Map ViewExplore the area around 314 N 2nd St.
- Schools1 Preschool School2 Elementary Schools2 Middle Schools1 High School
- Shop & Eat
-- mins to
Home Highlights
Multi-Family
Built in 1900
5,700 sqft
$27/sqft
About this House
8-Unit Investment Opportunity! Strong Cash Flow Potential!
Rare opportunity to purchase two multi-family properties totaling 8 units, to be sold together for $279,000 (approximately $35,000 per unit).
The properties offer immediate income potential with room for growth. Current rents are below market, providing an opportunity for increased returns with future adjustments.
Many units feature separate layouts, offering flexibility for tenants. The properties have seen numerous updates, including:
Metal roof (314) less than 1 year old
Roof (316) approximately 5 years old
There are currently two vacant, renovated units ready for occupancy, allowing for immediate lease-up or owner-occupant potential.
Ideal opportunity for investors looking to expand their portfolio or for buyers seeking to offset living expenses by occupying one unit.
Properties must be sold together (see MLS #R1667915 for additional property).
Rare opportunity to purchase two multi-family properties totaling 8 units, to be sold together for $279,000 (approximately $35,000 per unit).
The properties offer immediate income potential with room for growth. Current rents are below market, providing an opportunity for increased returns with future adjustments.
Many units feature separate layouts, offering flexibility for tenants. The properties have seen numerous updates, including:
Metal roof (314) less than 1 year old
Roof (316) approximately 5 years old
There are currently two vacant, renovated units ready for occupancy, allowing for immediate lease-up or owner-occupant potential.
Ideal opportunity for investors looking to expand their portfolio or for buyers seeking to offset living expenses by occupying one unit.
Properties must be sold together (see MLS #R1667915 for additional property).
314 N 2nd St, Olean, NY 14760 is a 5 bedroom, 5,700 sqft multi-family built in 1900. It last sold for $156,000 on Jul 9, 2026 (20% above the $130,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $158,900, with a rent estimate of $1,775/month.
Last check for updates: about 12 hours ago
Listed by Deon Gayton, (716) 790-2852
EXP-Premier Listings Team
Bought with: Deon Gayton, (716) 790-2852, EXP-Premier Listings Team
Originating MLS: Chautauqua-Cattaraugus
Source: NYSAMLSs, MLS#R1667935
Home Details for 314 N 2nd St
|
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Interior Details Basement: Dirt Floor |
Beds & Baths Number of Bedrooms: 5 |
Dimensions and Layout Living Area: 5700 Square Feet |
Appliances & Utilities Utilities: Sewer Connected, Water ConnectedAppliances: Gas Water Heater |
Heating & Cooling Heating: Electric,Gas,Baseboard,Forced AirHas HeatingHeating Fuel: Electric |
Fireplace & Spa No Fireplace |
Windows, Doors, Floors & Walls Flooring: Carpet, Laminate, Varies, Vinyl |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoFloors: Carpet, Laminate, Varies, Vinyl |
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Exterior Home Features Roof: MetalExterior: Blacktop Driveway |
Parking & Garage No GarageParking: Three or more Spaces,No Garage |
Frontage Road Frontage: City StreetNot on Waterfront |
Water & Sewer Sewer: Connected |
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Cumulative Days on Market: 32 |
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Year Built Year Built: 1900 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Vinyl Siding |
Property Information Condition: ResaleParcel Number: 04120009405700050160000000 |
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Price List Price: $130,000Price Per Sqft: $27/sqft |
Status Change & Dates Off Market Date: Mon Apr 20 2026Possession Timing: Closing |
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MLS Status: Closed |
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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: 5700 Square Feet |
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Community Features: NoneNot Senior Community |
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Association for this Listing: Chautauqua-Cattaraugus |
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Lot Area: 10402.128 sqft |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional |
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Rent Includes: WaterOwner Pays: Water |
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Mls Number: R1667935Living Area Range Units: Square FeetAttribution Contact: 716-790-2852Universal Property Id: US-36009-N-04120009405700050160000000-R-N |
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None |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 9, 2026 Source: NYSAMLSs #R1667935 | Sold | $156,000 |
Apr 20, 2026 Source: NYSAMLSs #R1667935 | Pending | $130,000 |
Apr 12, 2026 Source: NYSAMLSs #R1667935 | PriceChange | $130,000 Price decreased by 3% |
Apr 7, 2026 Source: NYSAMLSs #R1667935 | PriceChange | $134,500 Price decreased by 4% |
Mar 19, 2026 Source: NYSAMLSs #R1667935 | Listed For Sale | $139,500 |
Market trends in Olean
Last updated August 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
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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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 2026-10-03 23:25:42 PDT.
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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.
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Frequently asked questions about 314 N 2nd St
- What is 314 N 2nd St estimated to be worth?Trulia's estimated value for 314 N 2nd St in Olean, NY is $158,900.
- What is the price history for 314 N 2nd St?314 N 2nd St in Olean, NY last sold for $156,000 in July 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.
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