$45,500
- 4 Beds
- 2 Baths
- 2,240 sqft (on 0.29 acres)
605 N 1st St, Olean, NY 14760
Est. Refi. Payment $409/mo*
Refinance Your HomeCurrently Off Market - Sold Jan 2, 2026 for $45,000 (13% above list price)
Home Value
Trulia Estimate
$45.5KSince last month
Increased$1K (+2.3%)Since last year
Increased$400 (+0.9%)Since last sale
Increased$400 (+0.9%)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 +1% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $45K |
| August 2026 | $44K |
| July 2026 | $44K |
| June 2026 | $44K |
| May 2026 | $44K |
| April 2026 | $44K |
| March 2026 | $45K |
| February 2026 | $45K |
| January 2026 | $45K |
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 |
|---|---|---|---|---|---|---|---|
0.06 | Multi-Family Home | $84,900 | 04/17/26 | 4 | 3 | 2,764 | |
0.31 | Multi-Family Home | $94,000 | 07/09/26 | 4 | 3 | 2,033 | |
0.44 | Multi-Family Home | $63,100 | 02/06/26 | 3 | 2 | 1,680 | |
0.36 | Multi-Family Home | $113,300 | 08/17/26 | 5 | 2 | 1,838 | |
0.65 | Multi-Family Home | $37,000 | 02/05/26 | 5 | 2 | 1,731 | |
0.77 | Multi-Family Home | $68,500 | 10/20/25 | 4 | 2 | 2,432 | |
0.66 | Multi-Family Home | $23,000 | 02/05/26 | 4 | 3 | 2,424 |
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 |
|---|---|---|---|---|---|---|
0.02 | $128,200 | 3 | 2 | 1,514 | Off Market | |
0.03 | - | 4 | 1.5 | 1,728 | Off Market | |
0.07 | $123,200 | 5 | 1.5 | 2,268 | Off Market | |
0.06 | $84,900 | 4 | 3 | 2,764 | Recently Sold | |
0.10 | $107,500 | 3 | 2 | 1,213 | Off Market | |
0.11 | $134,900 | 4 | 2 | 1,741 | For Sale | |
0.13 | $174,900 | 3 | 2 | 5,594 | For Sale | |
0.15 | $131,000 | 3 | 1 | 1,092 | Off Market | |
0.18 | $95,900 | 3 | 1 | 1,391 | Recently Sold | |
0.20 | $142,200 | 4 | 1.5 | 1,644 | Off Market | |
0.21 | $126,500 | 3 | 1 | 1,722 | Off Market |
Local Information
-- mins to
Home Highlights
Multi-Family
Built in 1875
0.29 acre lot
2,240 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). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $45,500, with a rent estimate of $1,273/month.
Last check for updates: about 3 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

Home Details for 605 N 1st St
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MLS Status: Closed |
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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 |
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Parking & Garage Parking: Two or More Spaces |
Frontage Not on Waterfront |
Water & Sewer Sewer: Connected |
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Cumulative Days on Market: 4 |
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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 |
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Price List Price: $39,995Price Per Sqft: $20/sqft |
Status Change & Dates Off Market Date: Fri Nov 21 2025Possession Timing: Close Of Escrow |
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Direction & Address City: Olean |
School Information Elementary School District: OleanJr High / Middle School District: OleanHigh School District: Olean |
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Building Area Building Area: 2240 Square Feet |
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Not Senior CommunityUnits in Building: 2 |
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Association for this Listing: Buffalo |
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Lot Area: 0.29 acres |
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Special Conditions: Estate |
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Listing Terms: Cash |
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Expense Tenant Pays: All Utilities |
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BasementMls Number: B1648506Living Area Range Units: Square FeetAttribution Contact: 716-378-7141Universal Property Id: US-36009-N-04120009404900040260000000-R-N |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jan 2, 2026 Source: NYSAMLSs #B1648506 | Sold | $45,000 |
Nov 22, 2025 Source: NYSAMLSs #B1648506 | Pending | $39,995 |
Nov 17, 2025 Source: NYSAMLSs #B1648506 | Listed For Sale | $39,995 |
Market trends in Olean
Last updated August 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
63
9MoM
Around this home
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.
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Frequently asked questions about 605 N 1st St
- What is 605 N 1st St estimated to be worth?Trulia's estimated value for 605 N 1st St in Olean, NY is $45,500.
- What is the price history for 605 N 1st St?605 N 1st St in Olean, NY last sold for $45,000 in January 2026.
- 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 605 N 1st St have parking?Yes, 605 N 1st St in Olean, NY has on-site parking.