500 N 5th St, Olean, NY 14760
OFF MARKET

500 N 5th St
Olean, NY 14760

  • 4 Beds
  • 2 Baths
  • 1,288 sqft

$92,600

Trulia Estimate
as of Aug 8, 2026
Est. Refi. Payment $724/mo*
Refinance Your Home

$92,600

Trulia Estimate
as of Aug 8, 2026
Est. Refi. Payment $724/mo*
Refinance Your Home
4 Beds
2 Baths
1,288 sqft

Local Information

  • Map ViewExplore the area around 500 N 5th St.
  • Schools1 Preschool School2 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1900
Living Area
1,288 sqft
Price/Sqft
$72

About this House

MAKE AN OFFER - NEEDS TO BE SOLD - SOLID 2 UNIT DUPLEX IN A GREAT LOCATION. HOUSE NEEDS SOME TLC, BUT THE HOUSE IS SOLID AND HAS A SOLID FOUNDATION. 2 BEDROOMS UP AND 2 DOWN. ALL SEPERATE UTILITIES, BUT WATER IS CURRENTLY HOOKED TOGETHER.SOME HARDWOOD FLOORS DOWNSTAIRS. CURRENTLY NO STAIRS TO UPSTAIRS, SO UNABLE TO SEE UNLESS A LADDER IS AVAILABLE. GREAT PROJECT HOME, OR COULD BE THE RIGHT LOCATION FOR YOUR OFFICE OR BUSINESS. BOTH UNITS VACANT
500 N 5th St, Olean, NY 14760 is a 4 bedroom, 2 bathroom, 1,288 sqft multi-family built in 1900. It is currently off market. The Trulia Estimate is $92,600, with a rent estimate of $1,035/month.

Home Details for 500 N 5th St

Interior Features

Heating & Cooling
Heating: OtherHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 2

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Multi FamilyArchitecture: Old Style

Exterior Features

Exterior Home Features
Exterior: Composition

Community

Units in Building: 2

Lot Information

Lot Area: 3328 sqft

Price History for 500 N 5th St

DatePriceEventSource
08/03/2011$18,500ListingRemovedAgent Provided
04/22/2010$18,500Listed For SaleAgent Provided

Market trends in Olean

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
66
4MoM
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Property Tax and Assessment

Year2025
Tax
Assessment$60,563
Home facts updated by county records

Comparable Sales for 500 N 5th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
317 N 6th St, Olean, NY
0.22
Multi-Family Home
$63,100
02/06/26
3
2
1,680
1102 N Union St, Olean, NY
0.52
Multi-Family Home
$74,000
08/14/25
4
2
1,738
605 N 1st St, Olean, NY
0.26
Multi-Family Home
$45,000
01/02/26
4
2
2,240
301 Coleman St, Olean, NY
0.20
Multi-Family Home
$84,900
04/17/26
4
3
2,764
316 N 2nd St, Olean, NY
0.29
Multi-Family Home
$94,000
07/09/26
4
3
2,033
1025 Spruce St, Olean, NY
0.43
Multi-Family Home
$40,000
09/19/25
5
2
1,728
111 S 7th St, Olean, NY
0.60
Multi-Family Home
$121,500
06/23/26
4
2
2,326
117 N 8th St, Olean, NY
0.52
Multi-Family Home
$114,000
12/22/25
2
2
2,021
207 Tompkins St, Olean, NY
0.60
Multi-Family Home
$90,000
07/14/26
4
2
2,310
207 N 11th St, Olean, NY
0.52
Multi-Family Home
$123,000
05/11/26
5
2
2,452

Nearby homes

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Assigned Schools

These are the assigned schools for 500 N 5th 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.
  • 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
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  • 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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Homes for sale near 500 N 5th St

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Off Market Homes Near 500 N 5th St

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Frequently asked questions about 500 N 5th St

  • What is 500 N 5th St estimated to be worth?
    Trulia's estimated value for 500 N 5th St in Olean, NY is $92,600.
  • Is Olean a buyer's or seller's market?
    Olean is currently a seller'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 500 N 5th St?
    The closest schools to 500 N 5th 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).