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    111 S 7Th St Olean, NY 14760

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    For Sale
    $169,900

    Centrally located, well-maintained multi-family home in Olean, New York.

    Lot size:
    0.10 Acres

    Property Features for 111 S 7Th St

    General Information

    Lot size
    0.10 Acres

    Building Details

    Year built
    1920

    Source: 3D Real Estate LLC Agent James Dwaileebe

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Immaculate Olean Multi-Family Home

    This multi-family home is centrally located in Olean, New York. The property features two units: the lower level includes 3 bedrooms and 1 bathroom, while the upper level has 1 bedroom and 1 bathroom. Off-street parking is available. The dwelling has been well-maintained and is in good overall condition. The lower unit is currently owner-occupied, and the upper unit is ready to rent. This property is suitable as an investment or for owner occupancy of the lower unit with rental income from the upper unit.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Olean
    County
    Cattaraugus
    State
    New York
    Longitude
    -78.4385286
    Latitude
    42.0768525

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    FAQs

    What type of property is this?
    Duplex - Centrally located, well-maintained multi-family home in Olean, New York.
    Where is this duplex located?
    The property is located at 111 S 7Th St Olean, NY.
    What is the asking price?
    The asking price for this property is $169,900.
    What are key features of this property?
    This property features: - Multi-family home: **Live in one unit and rent out the other for income.**; - **Centrally located in Olean.**; - Well-maintained and in good overall condition.
    (716) 307-2300
    Request Owner's contact information
    111 S 7Th St Olean, NY 14760
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    Olean, NY 14760
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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
    111 S 7Th St Olean, NY 14760
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