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Two-Unit Duplex with Separate Utilities
For Sale
$62,500

12 Newland Ave, Jamestown, NY 14701

Occupied two-family property with individually metered utilities and a lot extending to Foote Ave.

Property Size1,884 SF
Days on Market9

Property Features for 12 Newland Ave

General Information

Standard status Active
Size 1,884 SF
Property subtype Multi Family

Site & Location

Road Access Yes
Utilities to Site Yes

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,179

Building Details

Building Size 1,884 SF
Year Built 1876
Stories 2
Units 2
Listing Agency: Keller Williams Realty Lancaster
Listed By: Taylor Bennett · License #10401246823
Source: Elliman
Added: Sep 18 Changed: Sep 24 Last Checked: Sep 26 at 12:06PM

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 Keller Williams Realty Lancaster

Investment Insights

Based on property information with market context.

This two-family residential property at 12 Newland Ave in Jamestown was built in 1876 and is currently occupied by tenants. One resident has maintained occupancy for more than 10 years, while the second unit is also tenant-occupied. Separate utility meters serve the units, with residents responsible for their own utility costs. The exterior has been repainted.

The property includes a large lot extending to Foote Ave. Its location has a Walk Score of 88, classified as Very Walkable, and a Bike Score of 33, classified as Somewhat Bikeable. The existing two-unit configuration and current occupancy provide a straightforward residential income property profile.

Key Highlights

  • Two‑family property built in 1876
  • Separate utility meters with tenants paying their own utilities
  • One tenant has occupied the property for 10+ years

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Computer & Electronic Repair Barber Shop (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom 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

2
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

791
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Occupied two-family property with individually metered utilities and a lot extending to Foote Ave.
Where is this duplex located?
The property is located at 12 Newland Ave Jamestown, NY.
What is the asking price?
The asking price for this property is $62,500.
What are key features of this property?
This property features: Two‑family property built in 1876; Separate utility meters with tenants paying their own utilities; One tenant has occupied the property for 10+ years
More about this property
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