514 3rd Ave, Olean, NY 14760
OFF MARKET

514 3rd Ave
Olean, NY 14760

  • 5 Beds
  • 2 Baths
  • 2,274 sqft

$121,800

Trulia Estimate
as of May 8, 2026
Est. Refi. Payment $907/mo*
Refinance Your Home

$121,800

Trulia Estimate
as of May 8, 2026
Est. Refi. Payment $907/mo*
Refinance Your Home
5 Beds
2 Baths
2,274 sqft

Homes for sale near 514 3rd Ave

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Apartments for Rent

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Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

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!
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from April 16, 2026

Home Highlights

Parking
No Info
Outdoor
Patio
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

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
Last check for updates: about 2 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

Price History for 514 3rd Ave

DatePriceEventSource
11/13/2025$119,900ListingRemovedHUNT ERA Real Estate #B1592848
06/04/2025$124,900Sold
NYSAMLSs #B1592848
03/26/2025$119,900PendingNYSAMLSs #B1592848
03/14/2025$119,900Listed For SaleNYSAMLSs #B1592848
09/07/2023$85,000Sold
N/A
07/15/2005$63,500Sold
N/A
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Property Tax and Assessment

Year2025
Tax
Assessment$77,465
Home facts updated by county records

Comparable Sales for 514 3rd Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
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
1025 Spruce St, Olean, NY
0.72
Multi-Family Home
$40,000
09/19/25
5
2
1,728
1312 N Union St, Olean, NY
0.76
Multi-Family Home
$108,000
02/03/26
6
4
2,800
1102 N Union St, Olean, NY
0.64
Multi-Family Home
$74,000
08/14/25
4
2
1,738
123 Fulton St, Olean, NY
0.89
Multi-Family Home
$68,500
10/20/25
4
2
2,432
135 N 6th St, Olean, NY
1.02
Multi-Family Home
$140,000
09/12/25
6
2
2,957
412-14 Laurens St, Olean, NY
0.89
Multi-Family Home
$130,000
08/07/25
5
4
4,369

Assigned Schools

These are the assigned schools for 514 3rd Ave.
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

Learn more about our methodology.
  • 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 2026-05-07 15:23:30 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.

Homes for rent near 514 3rd Ave

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Off Market Homes Near 514 3rd Ave

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Explore by feature

514 3rd Ave, Olean, NY 14760 is a 5 bedroom, 2 bathroom, 2,274 sqft multi-family built in 1900. This property is not currently available for sale. 514 3rd Ave was last sold on Jun 4, 2025 for $124,900 (4% higher than the asking price of $119,900). The current Trulia Estimate for 514 3rd Ave is $121,800.