316 N 2nd St, Olean, NY 14760
SOLD
JUL 9, 2026

316 N 2nd St
Olean, NY 14760

  • 4 Beds
  • 3 Baths
  • 2,033 sqft

$94,000

Last Sold: Jul 9, 2026
28% below list $130K
$46/sqft
Est. Refi. Payment $742/mo*
Refinance Your Home

$94,000

Last Sold: Jul 9, 2026
28% below list $130K
$46/sqft
Est. Refi. Payment $742/mo*
Refinance Your Home
4 Beds
3 Baths
2,033 sqft

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
301 Coleman St, Olean, NY
0.26
Multi-Family Home
$84,900
04/17/26
4
3
2,764
315 Laurens St, Olean, NY
0.23
Multi-Family Home
$195,000
02/06/26
4
3.5
4,621
317 N 6th St, Olean, NY
0.29
Multi-Family Home
$63,100
02/06/26
3
2
1,680
605 N 1st St, Olean, NY
0.31
Multi-Family Home
$45,000
01/02/26
4
2
2,240
312 N 3rd St, Olean, NY
0.07
Multi-Family Home
$161,000
04/27/26
8
4
5,616
123 Fulton St, Olean, NY
0.53
Multi-Family Home
$68,500
10/20/25
4
2
2,432
125 S 7th St, Olean, NY
0.54
Multi-Family Home
$79,900
10/29/25
3
3
1,918
111 S 7th St, Olean, NY
0.50
Multi-Family Home
$121,500
06/23/26
4
2
2,326

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
314 N 2nd St, Olean, NY 14760
0.01
$156,000
5
-
5,700
Recently Sold
312 N 3rd St, Olean, NY 14760
0.07
$161,000
8
4
5,616
Recently Sold
226 N 2nd St, Olean, NY 14760
0.11
$307,500
5
3
3,752
Recently Sold
Nys Rte #72, Olean, NY 14760
0.13
$99,000
-
-
-
For Sale
411 W Sullivan St, Olean, NY 14760
0.15
$118,600
8
3
2,838
Off Market
212 N 3rd St, Olean, NY 14760
0.17
$204,400
8
3
4,658
Off Market
3485 Nys Hwy #L, Olean, NY 14760
0.15
$28,000
2
1
900
Off Market
226 N 4th St, Olean, NY 14760
0.17
$146,200
4
1.5
2,748
Off Market
312 Laurens St, Olean, NY 14760
0.19
$263,000
Studio
-
6,904
Off Market
208 N 4th St N, Olean, NY 14760
0.21
$141,200
4
1.5
2,281
Off Market
221 N 4th St, Olean, NY 14760
0.20
$230,200
6
3.5
3,628
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
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1917
Living Area
2,033 sqft
Price/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).
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). It is currently off market. The Trulia Estimate rent is $1,406/month.
Last check for updates: about 3 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

Active Status

MLS Status: Closed

Interior Features

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

Exterior Features

Parking & Garage
Parking: Paved,Two or More Spaces
Frontage
Road Frontage: City StreetNot on Waterfront
Water & Sewer
Sewer: Connected

Days on Market

Cumulative Days on Market: 32

Property Information

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

Price & Status

Price
List Price: $130,000Price Per Sqft: $46/sqft
Status Change & Dates
Off Market Date: Mon Apr 20 2026Possession Timing: Closing

Location

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

Building

Building Area
Building Area: 2033 Square Feet

Community

Not Senior CommunityUnits in Building: 3

HOA

Association for this Listing: Chautauqua-Cattaraugus

Lot Information

Lot Area: 8110.872 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional

Rental Terms, Policies & Fees

Rent Includes: Hot Water, Snow Removal, WaterOwner Pays: Hot Water, Snow Removal, Water

Miscellaneous

Mls Number: R1667915Living Area Range Units: Square FeetAttribution Contact: 716-790-2852Universal Property Id: US-36009-N-04120009405700050150000000-R-N

Price and Tax history

DateEventPrice
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

Market trends in Olean

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
54
13MoM

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

LGBTQ Local Legal Protections

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 2026-08-19 21:56:45 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.

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 buyer's 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.

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 316 N 2nd St

Skip to last item
Skip to first item

Homes for sale near 316 N 2nd St

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item