$94,000
Last sold price
4 Beds
3 Baths
2,033 sqft
316 N 2nd St, Olean, NY 14760
Est. Refi. Payment $778/mo*
Refinance Your HomeCurrently Off Market - Sold Jul 9, 2026 for $94,000 (28% below list price)
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 |
|---|---|---|---|---|---|---|---|
0.26 | Multi-Family Home | $84,900 | 04/17/26 | 4 | 3 | 2,764 | |
0.23 | Multi-Family Home | $195,000 | 02/06/26 | 4 | 3.5 | 4,621 | |
0.29 | Multi-Family Home | $63,100 | 02/06/26 | 3 | 2 | 1,680 | |
0.31 | Multi-Family Home | $45,000 | 01/02/26 | 4 | 2 | 2,240 | |
0.07 | Multi-Family Home | $161,000 | 04/27/26 | 8 | 4 | 5,616 | |
0.47 | Multi-Family Home | $148,000 | 09/21/26 | 5 | 2 | 2,024 | |
0.53 | Multi-Family Home | $68,500 | 10/20/25 | 4 | 2 | 2,432 |
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 |
|---|---|---|---|---|---|---|
0.01 | $156,000 | 5 | - | 5,700 | Recently Sold | |
0.02 | $89,400 | 4 | 2 | 1,092 | Off Market | |
0.03 | - | Studio | - | - | Off Market | |
0.03 | - | 4 | 3 | 3,700 | Off Market | |
0.03 | - | 4 | 2 | 1,332 | Off Market | |
0.03 | - | 3 | 2 | 1,624 | Off Market | |
0.03 | $132,500 | 5 | 4 | 3,727 | Off Market | |
0.04 | $69,000 | 3 | 2 | 1,512 | Off Market | |
0.04 | $435 | 4 | 2 | 2,208 | Recently Sold | |
0.05 | $50,000 | 4 | 2 | 2,176 | Recently Sold | |
0.05 | $122,000 | 3 | 3 | 3,373 | Off Market | |
0.06 | - | - | - | - | Off Market | |
0.06 | - | - | - | - | Off Market | |
0.06 | - | 6 | 3 | 2,656 | Off Market | |
0.06 | - | 3 | 1 | - | Off Market | |
0.06 | $143,000 | 4 | 1 | 2,472 | Off Market | |
0.06 | - | Studio | - | 1,440 | Off Market | |
0.06 | $120,000 | 4 | 1 | 1,945 | Recently Sold | |
0.07 | $102,300 | 5 | 3 | 1,117 | Off Market | |
0.07 | - | Studio | 1 | 600 | Off Market |
Local Information
- Map ViewExplore the area around 316 N 2nd St.
- Schools1 Preschool School2 Elementary Schools2 Middle Schools1 High School
- Shop & Eat
-- mins to
Home Highlights
Multi-Family
Built in 1917
2,033 sqft
$46/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 #R1667935 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 #R1667935 for additional property).
316 N 2nd St, Olean, NY 14760 is a 4 bedroom, 3 bathroom, 2,033 sqft multi-family built in 1917. It last sold for $94,000 on Jul 9, 2026 (28% below the $130,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $1,565/month.
Last check for updates: about 6 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#R1667915
Home Details for 316 N 2nd St
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Interior Details Basement: Dirt Floor |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 3 |
Dimensions and Layout Living Area: 2033 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: Carpet, Laminate, Varies, Vinyl |
Levels, Entrance, & Accessibility Number of Stories: 1Floors: Carpet, Laminate, Varies, Vinyl |
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Parking & Garage Parking: Paved,Two or More Spaces |
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: 1917 |
Property Type / Style Property Type: ResidentialProperty Subtype: Multi Family |
Building Construction Materials: Brick, Stone, Vinyl Siding |
Property Information Condition: ResaleParcel Number: 04120009405700050150000000 |
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Price List Price: $130,000Price Per Sqft: $46/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: 2033 Square Feet |
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Not Senior CommunityUnits in Building: 3 |
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Association for this Listing: Chautauqua-Cattaraugus |
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Lot Area: 8110.872 sqft |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional |
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Rent Includes: Hot Water, Snow Removal, WaterOwner Pays: Hot Water, Snow Removal, Water |
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Mls Number: R1667915Living Area Range Units: Square FeetAttribution Contact: 716-790-2852Universal Property Id: US-36009-N-04120009405700050150000000-R-N |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 9, 2026 Source: NYSAMLSs #R1667915 | Sold | $94,000 |
Apr 20, 2026 Source: NYSAMLSs #R1667915 | Pending | $130,000 |
Apr 12, 2026 Source: NYSAMLSs #R1667915 | PriceChange | $130,000 Price decreased by 3% |
Apr 7, 2026 Source: NYSAMLSs #R1667915 | PriceChange | $134,500 Price decreased by 4% |
Mar 19, 2026 Source: NYSAMLSs #R1667915 | Listed For Sale | $139,500 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | Unavailable | $55,634 |
Home facts updated by county records
Market trends in Olean
Last updated August 2026
Avg. sale price
—
Sale-to-List Price
—
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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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 2026-10-04 01:25:41 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 316 N 2nd St
- What is the price history for 316 N 2nd St?316 N 2nd St in Olean, NY last sold for $94,000 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.
- What are the closest schools to 316 N 2nd St?The closest schools to 316 N 2nd 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 316 N 2nd St have parking?Yes, 316 N 2nd St in Olean, NY has on-site parking.
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