Olean Multifamily Property for
For Sale
$65,000
Pending
118 S 7th Street, Olean, NY 14760
MULTI_FAMILY - Olean, NY
Property Size1,542 SF
Lot Size0.09 Acres
Days on Market356
Property Features for 118 S 7th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 3, Basement, Bedroom 1, Bathroom 1, Bedroom 2
Parking features
Paved or Surfaced
Appliances
GasWaterHeater
Lot features
Rectangular, Rectangular Lot, Residential Lot
Elementary school district
Olean
Middle school district
Olean
High school district
Olean
Subdivision
Olean-City-041200
Standard status
Pending
APN
041200-094-064-0012-013-000-0000
Size
1,542 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
2518
Utilities
Heating system
Forced Air, Natural Gas
Water source
Public
Building Details
Year built
1925
Floors in Building
2
Number of units
2
Flooring type
Carpet, Laminate, Varies
Building materials
Frame
Listing Agency:
Howard Hanna Professionals - Olean
(716) 372-1155
Listed By:
John J. Dwaileebe · License #40DW0994003
(716) 378-3953
Added: Aug 26, 2025
Changed: Aug 4
Last Checked: Aug 16 at 4:06PM
MLS# R1633493
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 multifamily property is located in Olean, New York. The property has a size of 1542 square feet and is situated on a lot of approximately 0.0921 acres. It is classified as a multifamily property, duplex, and residential income property.
Key Highlights
- Built in 1925
- Frame construction with laminate and carpet flooring
- Heating includes natural gas with forced‑air system
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
788
Businesses Nearby
Explore this area
Business Placement
Demographics for 14760, NY
18,031
Population
8,917
Households
2
Avg Household Size
42
Median Age
27%
College-Educated
91%
High-School Grad
65.1 sq mi
ZIP Area
277
Density / Sq Mi
$52,569
Median Household Income
$35,754
Median Earnings
$777
Median Rent
$99,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Multifamily property in Olean, NY, with 1542 square feet.
Where is this duplex located?
The property is located at 118 S 7th Street Olean, NY.
What is the asking price?
The asking price for this property is $65,000.
What are key features of this property?
This property features: Built in 1925; Frame construction with laminate and carpet flooring; Heating includes natural gas with forced‑air system
