605 N 1st St, Olean, NY 14760
SOLD
JAN 2, 2026

605 N 1st St
Olean, NY 14760

  • 4 Beds
  • 2 Baths
  • 2,240 sqft (on 0.29 acres)

$45,000

Last Sold: Jan 2, 2026
13% over list $40K
$20/sqft
Est. Refi. Payment $390/mo*
Refinance Your Home

$45,000

Last Sold: Jan 2, 2026
13% over list $40K
$20/sqft
Est. Refi. Payment $390/mo*
Refinance Your Home
4 Beds
2 Baths
2,240 sqft
(on 0.29 acres)

Local Information

  • Map ViewExplore the area around 605 N 1st St.
  • Schools1 Preschool School2 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1875
Lot Size
0.29 acres
Living Area
2,240 sqft
Price/Sqft
$20/sqft

About this House

Calling all visionaries, renovators, and savvy investors! This spacious two-family dwelling is brimming with potential and ready for transformation. Whether you're looking to live in one unit and rent the other, or flip for profit, this property offers the perfect canvas. Centrally located, plenty of parking and oozing with possibilities.
605 N 1st St, Olean, NY 14760 is a 4 bedroom, 2 bathroom, 2,240 sqft multi-family built in 1875. It last sold for $45,000 on Jan 2, 2026 (13% above the $39,995 asking price). It is currently off market. The Trulia Estimate is $44,000, with a rent estimate of $1,110/month.

Home Details for 605 N 1st St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Full
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 2240 Square Feet
Appliances & Utilities
Utilities: Sewer Connected, Water ConnectedAppliances: Gas Water Heater
Heating & Cooling
Heating: Gas,Hot WaterHas HeatingHeating Fuel: Gas
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Flooring: Carpet, Varies
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Levels: TwoFloors: Carpet, Varies

Exterior Features

Parking & Garage
Parking: Two or More Spaces
Frontage
Not on Waterfront
Water & Sewer
Sewer: Connected

Days on Market

Cumulative Days on Market: 4

Property Information

Year Built
Year Built: 1875
Property Type / Style
Property Type: ResidentialProperty Subtype: Multi Family
Building
Construction Materials: Vinyl Siding
Property Information
Condition: ResaleParcel Number: 04120009404900040260000000

Price & Status

Price
List Price: $39,995Price Per Sqft: $20/sqft
Status Change & Dates
Off Market Date: Fri Nov 21 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: 2240 Square Feet

Community

Not Senior CommunityUnits in Building: 2

HOA

Association for this Listing: Buffalo

Lot Information

Lot Area: 0.29 acres

Listing Info

Special Conditions: Estate

Offer

Listing Terms: Cash

Business

Expense
Tenant Pays: All Utilities

Miscellaneous

BasementMls Number: B1648506Living Area Range Units: Square FeetAttribution Contact: 716-378-7141Universal Property Id: US-36009-N-04120009404900040260000000-R-N
Last check for updates: about 7 hours ago
Listed by Thomas P Butler, (716) 378-7141
Southern Tier Realty Co. Inc.
Bought with: Thomas P Butler, (716) 378-7141, Southern Tier Realty Co. Inc.
Originating MLS: Buffalo
Source: NYSAMLSs, MLS#B1648506

Price History for 605 N 1st St

DatePriceEventSource
01/02/2026$45,000Sold
NYSAMLSs #B1648506
11/22/2025$39,995PendingNYSAMLSs #B1648506
11/17/2025$39,995Listed For SaleNYSAMLSs #B1648506

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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Comparable Sales for 605 N 1st St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
301 Coleman St, Olean, NY
0.06
Multi-Family Home
$84,900
04/17/26
4
3
2,764
1025 Spruce St, Olean, NY
0.43
Multi-Family Home
$40,000
09/19/25
5
2
1,728
316 N 2nd St, Olean, NY
0.31
Multi-Family Home
$94,000
07/09/26
4
3
2,033
317 N 6th St, Olean, NY
0.44
Multi-Family Home
$63,100
02/06/26
3
2
1,680
1102 N Union St, Olean, NY
0.45
Multi-Family Home
$74,000
08/14/25
4
2
1,738
1019 Spruce St #1, Olean, NY
0.41
Multi-Family Home
$40,000
09/19/25
5
4
2,608
322 Laurel Ave, Olean, NY
0.65
Multi-Family Home
$37,000
02/05/26
5
2
1,731
123 Fulton St, Olean, NY
0.77
Multi-Family Home
$68,500
10/20/25
4
2
2,432

Nearby homes

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Assigned Schools

These are the assigned schools for 605 N 1st 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
    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

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Apartments for Rent

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Explore by feature - Air Conditioning

6 rentals with air conditioning in Olean, NY

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Homes for sale near 605 N 1st St

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Off Market Homes Near 605 N 1st St

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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 2026-08-05 22:26:42 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.