521 2nd Ave, Olean, NY 14760
FOR SALE

521 2nd Ave
Olean, NY 14760

  • 6 Beds
  • 4 Baths
  • 3,202 sqft

$149,900

Est. Mortgage $1,098/mo*

$149,900

Est. Mortgage $1,098/mo*
6 Beds
4 Baths
3,202 sqft

Local Information

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

Description

This 4 unit investment property is located in the heart of Olean, close to the hospital, manufacturing locations, schools, the highway and the restaurants and shops downtown! Currently, this building has one vacant unit and the property is managed by On Point Property Management. Which is great news for investors or someone who wants to owner occupy the building. All of the utilities have been split up and are paid by the tenants.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$47
Listed
142 days ago
Last check for updates: about 4 hours ago
Listing by: RE/MAX On Point, (716) 373-7325
Patricia L Collier, (716) 373-7325
Originating MLS: Buffalo
Source: NYSAMLSs, MLS#B1654936
Also Listed on NYSAMLSs.

Home Details for 521 2nd Ave

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Full
Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 4Number of Bathrooms (full): 4
Dimensions and Layout
Living Area: 3202 Square Feet
Appliances & Utilities
Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water ConnectedAppliances: Gas Water Heater
Heating & Cooling
Heating: Gas,Forced AirHas HeatingHeating Fuel: Gas
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Flooring: Carpet, Laminate, Varies
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Levels: TwoFloors: Carpet, Laminate, Varies

Exterior Features

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

Days on Market

Cumulative Days on Market: 1Days on Market: 142

Property Information

Year Built
Year Built: 1910
Property Type / Style
Property Type: ResidentialProperty Subtype: Multi Family
Building
Construction Materials: Vinyl Siding
Property Information
Condition: ResaleParcel Number: 04120009405000010310000000

Price & Status

Price
List Price: $149,900Price Per Sqft: $47
Status Change & Dates
Possession Timing: Close Of Escrow

Location

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

Agent Information

Listing Agent
Listing ID: B1654936

Building

Building Area
Building Area: 3202 Square Feet

Community

Not Senior CommunityUnits in Building: 4

HOA

Association for this Listing: Buffalo

Lot Information

Lot Area: 6499.152 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional, FHA

Business

Expense
Tenant Pays: All Utilities

Miscellaneous

BasementMls Number: B1654936Living Area Range Units: Square FeetAttribution Contact: 716-373-7325Universal Property Id: US-36009-N-04120009405000010310000000-R-N

Price History for 521 2nd Ave

DatePriceEventSource
12/16/2025$149,900Listed For SaleNYSAMLSs #B1654936
09/14/2020$80,000Sold
NYSAMLSs #R1259806
06/23/2020$110,000PendingAgent Provided
05/21/2020$110,000PriceChange
Agent Provided
04/10/2020$139,900Listed For SaleAgent Provided
10/05/2015$85,000Sold
N/A

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Comparable Sales for 521 2nd Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.08
Multi-Family Home
$124,900
06/04/25
5
2
2,274
0.48
Multi-Family Home
$84,900
04/17/26
4
3
2,764
0.68
Multi-Family Home
$108,000
02/03/26
6
4
2,800
0.64
Multi-Family Home
$40,000
09/19/25
5
4
2,608
0.72
Multi-Family Home
$155,000
12/01/25
8
5
2,950
0.84
Multi-Family Home
$150,000
08/12/25
4
4
3,800
0.42
Multi-Family Home
$45,000
01/02/26
4
2
2,240
0.71
Multi-Family Home
$161,000
04/27/26
8
4
5,616
0.88
Multi-Family Home
$130,000
08/07/25
5
4
4,369

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. "
  • 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. "
  • 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!"
  • 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. "
  • 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"
  • Kristin B.
    "Recreational programs offered like ice skating, sports events, youth sport sign ups. Police patrol through the city often"
  • 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"
  • Skbb18
    "Strollean - big fun party. Local breweries. Great fireworks. Cutco visitor’s center. Lots of parks. Beef and barrel restaurant."
  • 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. "
  • 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."
  • 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!"
  • Kelly
    "Restaurants, groceries and retail shops all within easy walking distance but with the river nearby there is a country-feel too"
  • 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."
  • 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 ."
  • 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. "
  • Saadzmirza
    "A nice neighborhood with friendly people and scenically overlooks the Olean Metro Area. Some notable Olean residents live here."

LGBTQ Local Legal Protections

Patricia L Collier, RE/MAX On Point, (716) 373-7325
Agent Phone: (716) 373-7325
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 15:53:32 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.
521 2nd Ave, Olean, NY 14760 is a 6 bedroom, 4 bathroom, 3,202 sqft multi-family built in 1910. This property is currently available for sale and was listed by NYSAMLSs on Dec 16, 2025. The MLS # for this home is MLS# B1654936.