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    341-343 Forest Avenue Ext Jamestown, NY 14701

    For Sale
    $71,000

    MULTI_FAMILY - Other - Jamestown, NY

    Property size:
    2,628 SF
    Lot size:
    0.21 Acres
    Days on Market:
    126
    Last Refresh:
    Dec 14 at 10:06 am

    Property Features for 341-343 Forest Avenue Ext

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Bathroom 2, Basement, Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 1
    Bedrooms
    3
    Bathrooms
    2
    APN
    060800-387-018-0009-057-000
    Parking features
    Garage
    Interior features
    CeilingFans
    Appliances
    GasWaterHeater
    Size
    2,628 SF
    Lot size
    0.21 Acres

    Utilities

    Heating system
    Natural Gas, Forced Air, Baseboard
    Water source
    Public

    Building Details

    Year built
    1960
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Carpet, Tile, Hardwood, Varies
    Building materials
    VinylSiding
    Roof type
    Shingle, Asphalt
    Architectural style
    Other

    Century 21 Turner Brokers (716) 763-7506 [email protected]

    Listing agent Mark Sleggs (716) 763-7506 License #10401309130

    Listing date Aug 11, 2025

    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

    Jamestown Multifamily Renovation Opportunity

    This unique property on Forest Avenue in Jamestown, New York, includes three buildings: a two-family home, a small corner building formerly used for business, and a detached two-car garage, all situated on a large corner lot. The upper apartment in the two-family home features one bedroom and one bathroom, along with ceiling fans and appliances. The lower apartment offers two bedrooms and one bathroom, with similar appliances and access to a full basement. This property presents a renovation opportunity with potential for future returns. While the front and rear porches require replacement due to their dilapidated condition, the core structures are sound. These manageable improvements are expected to significantly enhance curb appeal, tenant desirability, and rental income. The property size is 2628 square feet and the lot size is 0.2059 acres.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Jamestown
    County
    Chautauqua
    State
    New York
    Longitude
    -79.242214
    Latitude
    42.083899

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    FAQs

    What type of property is this?
    Duplex - Three-building property with renovation potential in Jamestown, NY.
    Where is this duplex located?
    The property is located at 341-343 Forest Avenue Ext Jamestown, NY.
    What is the asking price?
    The asking price for this property is $71,000.
    What are key features of this property?
    This property features: - Unique 3-building property featuring a 2-family home, a former business building, and a detached 2-car garage.; - Situated on a large corner lot.; - Two-family home includes two apartments: a 1-bedroom and a 2-bedroom unit.
    (716) 763-7506
    Request Owner's contact information
    341-343 Forest Avenue Ext Jamestown, NY 14701
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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
    341-343 Forest Avenue Ext Jamestown, NY 14701
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