514 3rd Ave, Olean, NY 14760
OFF MARKET

$126,300

Trulia Estimate
  • 5 Beds
  • 2 Baths
  • 2,274 sqft

514 3rd Ave, Olean, NY 14760

Est. Refi. Payment $1,003/mo*
Refinance Your Home
Currently Off Market - Sold Jun 4, 2025 for $124,900

Home Value

Trulia Estimate
$126K
Since last month
Decreased$2K (-1.3%)
Since last year
Increased$11K (+9.7%)
Since last sale
Increased$600 (+0.5%)
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 +140% in the last 10 years
MonthEstimated value
2026
September 2026$126K
August 2026$127K
July 2026$130K
June 2026$132K
May 2026$128K
April 2026$122K
March 2026$119K
February 2026$119K
January 2026$121K
2025
2024
2023
2022
2021
2020
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
201 Center St, Olean, NY
0.12
Multi-Family Home
$113,300
08/17/26
5
2
1,838
301 Coleman St, Olean, NY
0.52
Multi-Family Home
$84,900
04/17/26
4
3
2,764
605 N 1st St, Olean, NY
0.46
Multi-Family Home
$45,000
01/02/26
4
2
2,240
316 N 2nd St, Olean, NY
0.66
Multi-Family Home
$94,000
07/09/26
4
3
2,033
1312 N Union St, Olean, NY
0.76
Multi-Family Home
$108,000
02/03/26
6
4
2,800
123 Fulton St, Olean, NY
0.89
Multi-Family Home
$68,500
10/20/25
4
2
2,432
322 Laurel Ave, Olean, NY
0.75
Multi-Family Home
$37,000
02/05/26
5
2
1,731
204 N Barry St, Olean, NY
0.69
Multi-Family Home
$155,000
12/01/25
8
5
2,950
207 N 11th St, Olean, NY
1.22
Multi-Family Home
$123,000
05/11/26
5
2
2,452

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
414 Center St, Olean, NY 14760
0.05
$139,000
4
1
1,536
Recently Sold
509 3rd Ave, Olean, NY 14760
0.02
$82,900
3
1.5
1,172
Off Market
417 4th Ave, Olean, NY 14760
0.11
$75,500
1
1
1,099
Off Market
418 4th Ave, Olean, NY 14760
0.12
$102,900
3
1
1,200
Off Market
419 5th Ave, Olean, NY 14760
0.13
$100,100
2
1
960
Off Market
544 2nd Ave, Olean, NY 14760
0.08
$240,100
5
3
2,360
Off Market
405 4th Ave, Olean, NY 14760
0.14
$47,000
2
1
1,100
Recently Sold
201 Center St, Olean, NY 14760
0.12
$113,300
5
2
1,838
Recently Sold
417 Paragon Ave, Olean, NY 14760
0.21
$100,000
3
1
1,008
Recently Sold
309 Paragon Ave, Olean, NY 14760
0.21
$158,000
3
1
1,332
Recently Sold
302 5th Ave, Olean, NY 14760
0.23
$107,300
2
1
768
Off Market

Local Information

  • Map ViewExplore the area around 514 3rd Ave.
  • Schools1 Preschool School2 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1900
2,274 sqft
$56/sqft

About this House

Beautifully renovated duplex in a prime location near Olean General Hospital, making it a fantastic investment for an Airbnb, rental, or owner-occupied home. With a newer asphalt roof and a brand-new rubber roof on the flat portion, this property has been completely updated, featuring all-new electric, a brand-new hot water tank, and LVT flooring and carpet throughout. Both units are freshly painted and include newer vinyl windows, with the upstairs unit boasting a charming porch. The dry, spacious basement offers excellent storage or potential additional living space, while the newly roofed shed and blacktop driveway provide ample off-street parking. Situated in a cute, quiet neighborhood with new exterior flood lighting for added security and convenience, this duplex is an incredible opportunity. Its unbeatable location near the hospital makes it ideal for traveling medical professionals, short-term renters, or long-term tenants—don't miss out on this move-in-ready gem!
514 3rd Ave, Olean, NY 14760 is a 5 bedroom, 2 bathroom, 2,274 sqft multi-family built in 1900. It last sold for $124,900 on Jun 4, 2025 (4% above the $119,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $126,300, with a rent estimate of $1,211/month.
Last check for updates: about 19 hours ago
Listed by Mason J Meggo, (716) 866-7604
HUNT Real Estate Corporation
Bought with: Mason J Meggo, (716) 866-7604, HUNT Real Estate Corporation
Originating MLS: Buffalo
Source: NYSAMLSs, MLS#B1592848

Home Details for 514 3rd Ave

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Full,Walk-Out Access
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 2274 Square Feet
Appliances & Utilities
Utilities: High Speed Internet Available, Sewer Connected, Water ConnectedAppliances: Gas Water Heater
Heating & Cooling
Heating: Gas,Forced Air,Space HeaterHas HeatingHeating Fuel: Gas
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Fuses
Windows, Doors, Floors & Walls
Window: Thermal WindowsFlooring: Carpet, Luxury Vinyl, Varies
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Levels: TwoFloors: Carpet, Luxury Vinyl, Varies

Exterior Features

Exterior Home Features
Roof: Asphalt Membrane RubberPatio / Porch: PatioExterior: PatioFoundation: Poured
Parking & Garage
Parking: Paved,Parking Available,Two or More Spaces
Frontage
Road Frontage: City StreetNot on Waterfront
Water & Sewer
Sewer: Connected

Days on Market

Cumulative Days on Market: 12

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: ResidentialProperty Subtype: Duplex, Multi FamilyArchitecture: Duplex
Building
Construction Materials: Brick, Other, Vinyl Siding, PEX Plumbing
Property Information
Condition: ResaleParcel Number: 04120009405000030760000000

Price & Status

Price
List Price: $119,900
Status Change & Dates
Off Market Date: Wed Mar 26 2025Possession Timing: Close Of Escrow

Location

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

Building

Building Area
Building Area: 2274 Square Feet

Community

Units in Building: 2

HOA

Association for this Listing: Buffalo

Lot Information

Lot Area: 8712 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Business

Expense
Tenant Pays: All Utilities

Miscellaneous

BasementMls Number: B1592848Living Area Range Units: Square FeetAttribution Contact: 716-866-7604Universal Property Id: US-36009-N-04120009405000030760000000-R-N

Price and Tax history

DateEventPrice
Nov 13, 2025
Source: HUNT ERA Real Estate #B1592848
ListingRemoved
$119,900
Jun 4, 2025
Source: NYSAMLSs #B1592848
Sold
$124,900
Mar 26, 2025
Source: NYSAMLSs #B1592848
Pending
$119,900
Mar 14, 2025
Source: NYSAMLSs #B1592848
Listed For Sale
$119,900
Sep 7, 2023
Source: N/A
Sold
$85,000

Market trends in Olean

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
63
9MoM

Around this home

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
    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 2026-09-20 00:25:33 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 514 3rd Ave

  • What is 514 3rd Ave estimated to be worth?
    Trulia's estimated value for 514 3rd Ave in Olean, NY is $126,300.
  • What is the price history for 514 3rd Ave?
    514 3rd Ave in Olean, NY last sold for $124,900 in June 2025.
  • 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 514 3rd Ave have parking?
    Yes, 514 3rd Ave in Olean, NY has on-site parking.

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