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Two-Unit Duplex with Parking
New
For Sale
$49,900

1021 Newland Ave, Jamestown, NY 14701

Two-bedroom units feature separate gas and electric metering, plus off-street parking and vinyl siding.

Property Size1,932 SF
Days on Market4

Property Features for 1021 Newland Ave

General Information

Standard status Active
Size 1,932 SF
Property subtype Multi Family

Property Condition

Severity Repairs Needed
Evidence cosmetic updating

Additional Details

Asking Price $49,900
Utilities to Site Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,481

Building Details

Building Size 1,932 SF
Year Built 1890
Buildings 1
Stories 2
Units 2
Listing Agency: Century 21 Turner Brokers
Listed By: Donna Breen · License #10311209728
Source: Elliman
Added: Aug 28 Changed: Aug 30 Last Checked: Aug 30 at 10:17PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Turner Brokers

Investment Insights

Based on property information with market context.

Located at 1021 Newland Ave in Jamestown, this two-unit duplex was built in 1890 and includes a two-bedroom residence on each floor. The first-floor apartment is occupied by the owner, while the upper unit is vacant. Both units are currently usable, with cosmetic updating identified as an opportunity for improvement.

Gas and electric service are separately metered. The owner is responsible for garbage, water, and sewer expenses. Vinyl siding and off-street parking are additional property features.

Key Highlights

  • Two‑unit duplex with a two‑bedroom layout in each apartment
  • First‑floor unit is owner occupied; second‑floor unit is vacant
  • Separate gas and electric meters for the units

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Barber Shop Computer & Electronic Repair Garden Center HVAC Service Cafe & Coffee Shop

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

424
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-bedroom units feature separate gas and electric metering, plus off-street parking and vinyl siding.
Where is this duplex located?
The property is located at 1021 Newland Ave Jamestown, NY.
What is the asking price?
The asking price for this property is $49,900.
What are key features of this property?
This property features: Two‑unit duplex with a two‑bedroom layout in each apartment; First‑floor unit is owner occupied; second‑floor unit is vacant; Separate gas and electric meters for the units
More about this property
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