Olean Two-Unit Income Property

305 Tompkins St, Olean, NY 14760

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For Sale

$35,000

Two-unit property near Jamestown Community College, ideal for rental income.

Type:Multi Family

HighLights

Two‑unit property ideal for rental income or portfolio expansion
Separate gas, electric, and water utilities for each unit
Convenient location near Jamestown Community College
Priced to reflect needed improvements, offering value‑add potential
Located near local amenities, shopping, and dining
High walk score (75) indicates excellent walkability

We can help!

Listing Contact

Christine Calbi

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For Sale

$35,000

Two-unit property near Jamestown Community College, ideal for rental income.

Type:Multi Family

Added:: Apr 21, 2026
Days on Market:: 55
Last Refresh:: Apr 21 at 12:33 am

Property Features for 305 Tompkins St

General Information

Standard status: Active
Property subtype: Multi Family

Building Details

Year Built: 1910

We can help!

Listing Contact

Christine Calbi

Listing agent Christine Calbi

Listing office EXP-Premier Listings Team

Listing date Apr 21, 2026

Source Elliman

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 EXP-Premier Listings Team

HighLights

Two‑unit property ideal for rental income or portfolio expansion
Separate gas, electric, and water utilities for each unit
Convenient location near Jamestown Community College
Priced to reflect needed improvements, offering value‑add potential
Located near local amenities, shopping, and dining
High walk score (75) indicates excellent walkability

Overview

Located in Olean, this two-unit property presents an opportunity for those seeking to expand their portfolio or initiate rental income streams. The property features separate gas, electric, and water utilities, offering convenience and flexibility. Situated just off the parking area of Jamestown Community College, the location enhances accessibility and visibility. The property's price reflects the need for improvements, providing an opportunity to maximize its potential. With updates, it could become a strong income-producing asset. The location is near local amenities, shopping, and dining. The bike score is 67, indicating it is bikeable, and the walk score is 75, indicating it is very walkable.

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

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Local Demand

City: Olean
County: Cattaraugus
State: New York
Longitude: -78.4263501
Latitude: 42.0798128

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For sale
Duplexes
NY
Olean
14760
305 Tompkins St

What type of property is this?

Duplex - Two-unit property near Jamestown Community College, ideal for rental income.

Where is this duplex located?

The property is located at 305 Tompkins St Olean, NY.

What is the asking price?

The asking price for this property is $35,000.

What are key features of this property?

This property features: Two‑unit property ideal for rental income or portfolio expansion; Separate gas, electric, and water utilities for each unit; Convenient location near Jamestown Community College