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Two-Unit Duplex with Outdoor Deck
New
For Sale
$85,000

231 Prospect Street, Jamestown, NY 14701

MULTI_FAMILY - Jamestown, NY

Property Size1,740 SF
Lot Size0.16 Acres
Price / SF$48.85
Days on Market2

Property Features for 231 Prospect Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Basement, Bedroom 3, Bedroom 4, Bathroom 2, Bedroom 1, Bathroom 1
Patio and Porch features Porch, Deck
Exterior features Balcony, Deck, Fence
Fencing Fenced
Fireplace 1
Appliances GasWaterHeater
Lot features Rectangular, Rectangular Lot, Residential Lot
Elementary school Milton J Fletcher Elementary
Middle school Jefferson Middle
High school Jamestown High
Elementary school district Jamestown
Middle school district Jamestown
High school district Jamestown
Subdivision Jamestown-City-060800
Standard status Active
APN 060800-387-019-0003-055-000
Size 1,740 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Annual Amount 4241

Utilities

Heating system Forced Air, Natural Gas
Cooling system Wall Unit(s)
Water source Public

Building Details

Year built 1880
Floors in Building 2
Number of units 2
Flooring type Varies, Laminate, Carpet
Building materials Frame
Roof type Asphalt
Listing Agency: Real Broker, LLC
Listed By: Gregg Yost · License #10401372247
Added: Aug 2 Last Checked: Aug 3 at 12:06PM
MLS# R1703608

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

231 Prospect Street is a converted two-unit duplex set on a 0.1554-acre lot. Built in 1880 with frame construction and an asphalt roof, the home is currently arranged as two units, each with an eat-in kitchen, a full bath, two bedrooms, and an additional room that can function as a living room or dining room. Each unit also has a balcony or deck, supported by a spacious backyard. An extra-wide driveway provides several off-street parking spaces.

Recent updates include new vinyl windows throughout and new flooring and carpet on the second floor. The property includes forced air heating with natural gas, wall unit cooling, and a gas water heater. Plumbing and utility connections are supported by public water, and the home features a fireplace, fencing, and a porch/deck exterior.

The layout offers straightforward flexibility for tenants seeking independent living while also allowing a future reversion back to a single-family residence, if desired.

Key Highlights

  • Converted to a two‑unit duplex with separate first- and second‑floor living layouts
  • 0.1554‑acre lot with 1740 SF of frame construction and an asphalt roof
  • Deck or balcony for each unit plus a spacious backyard for outdoor use

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Cafe & Coffee Shop Barber Shop Storage Facility Carpet & Flooring Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

835
Businesses Nearby

Demographics for 14701, NY

38,428
Population
19,469
Households
2
Avg Household Size
42
Median Age
25%
College-Educated
90%
High-School Grad
92.6 sq mi
ZIP Area
415
Density / Sq Mi
$50,909
Median Household Income
$34,592
Median Earnings
$769
Median Rent
$98,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Converted duplex with two units, eat-in kitchens and full baths on each floor, plus decks and off-street parking.
Where is this duplex located?
The property is located at 231 Prospect Street Jamestown, NY.
What is the asking price?
The asking price for this property is $85,000.
What are key features of this property?
This property features: Converted to a two‑unit duplex with separate first- and second‑floor living layouts; 0.1554‑acre lot with 1740 SF of frame construction and an asphalt roof; Deck or balcony for each unit plus a spacious backyard for outdoor use
More about this property
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