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    128 S 8Th St Olean, NY 14760

    For Sale
    $73,000

    MULTI_FAMILY - Olean, NY

    Property size:
    2,448 SF
    Lot size:
    0.15 Acres
    Days on Market:
    42
    Last Refresh:
    Dec 13 at 6:06 pm

    Property Features for 128 S 8Th St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Bedroom 4, Bathroom 1, Bedroom 3, Bedroom 5, Bathroom 3, Bedroom 1, Basement, Bedroom 2, Bathroom 2
    Bedrooms
    5
    Bathrooms
    3
    APN
    041200-094-064-0012-044-000-0000
    Interior features
    NaturalWoodwork
    Appliances
    GasWaterHeater
    Size
    2,448 SF
    Lot size
    0.15 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas, Hot Water(Heating)
    Water source
    Public

    Building Details

    Year built
    1910
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Vinyl, Varies, Hardwood
    Building materials
    WoodSiding
    Roof type
    Shingle

    VanDyke Agency LLC (716) 581-0724 [email protected]

    Listing agent Thomas J Pietras (716) 373-7325 License #10401299467

    Listing date Nov 2, 2025

    MLS# B1640549 Listing URL

    Copyright © 2025 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Solid Duplex in Olean, NY

    This solid duplex is located in the heart of Olean. The lower unit features three bedrooms, one and a half baths, hot water baseboard heat, and laundry hookups. The upper unit includes two bedrooms (with a possible third), one bath, forced air gas heat, and laundry hookups, and has two means of egress. The property has separate electric, gas, and water meters. Situated on a 0.1469-acre lot, the property size is 2448 square feet. The location provides access to shops, restaurants, public transportation, and government offices. The property has a good rental history and below-market rents, which allows room for income growth. It is located in Olean, NY, with tenants enjoying the amenities of city living.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Olean
    County
    Cattaraugus
    State
    New York
    Longitude
    -78.440169
    Latitude
    42.075957

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    FAQs

    What type of property is this?
    Duplex - Duplex in the heart of Olean, close to amenities.
    Where is this duplex located?
    The property is located at 128 S 8Th St Olean, NY.
    What is the asking price?
    The asking price for this property is $73,000.
    What are key features of this property?
    This property features: - Solid duplex in a desirable location in the heart of Olean.; - Separate electric, gas, and water meters for each unit.; - Strong rental market with good occupancy rates.
    (716) 373-7325
    Request Owner's contact information
    128 S 8Th St Olean, NY 14760
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    Olean, NY 14760
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    128 S 8Th St Olean, NY 14760
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