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Duplex with Separate Utilities
New
For Sale
$34,500

514 Monroe St, Jamestown, NY 14701

Residential, Jamestown, NY

Property Size1,080 SF
Price / SF$31.94
Days on Market2

Property Features for 514 Monroe St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 3, Basement, Bedroom 1
Appliances GasWaterHeater
Lot features Rectangular, Rectangular Lot, Residential Lot
Elementary school Samuel G Love 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 060800-387.039-0001-018.0
Size 1,080 SF

Taxes and HOA fees

Tax Annual Amount 958

Utilities

Heating system Electric (Heating), Baseboard
Water source Public

Building Details

Year built 1875
Floors in Building 2
Number of units 2
Flooring type Hardwood, Varies
Building materials VinylSiding
Listing Agency: Real Estate Advantage
Listed By: Anthony Benedetto · License #30BE0711190
Added: Sep 8 Changed: Sep 9 Last Checked: Sep 9 at 12:06PM
MLS# R1713204

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.

This duplex contains 1,080 square feet and was built in 1875. The property has vinyl siding, hardwood flooring in some areas, total electric heat with baseboard units, and updated electrical service. Separate gas and electric services are provided for the two apartments, while existing plumbing is configured for separate water metering. A dry basement adds storage and utility space, and most sewer lines have been replaced.

The lower apartment is occupied by long-term tenants and includes a small private deck. The upper apartment is vacant and ready for leasing. Public water serves the property, and the room inventory includes three bedrooms and two bathrooms overall.

Key Highlights

  • Two‑unit duplex with 1,080 square feet
  • Separate gas and electric services for each unit
  • Plumbing configured for separate water metering

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Grocery & Convenience Store Auto Parts Store Storage Facility

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

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,409
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with electric heat, a basement, and one occupied apartment alongside a vacant unit.
Where is this duplex located?
The property is located at 514 Monroe St Jamestown, NY.
What is the asking price?
The asking price for this property is $34,500.
What are key features of this property?
This property features: Two‑unit duplex with 1,080 square feet; Separate gas and electric services for each unit; Plumbing configured for separate water metering
More about this property
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