Olean Two-Unit Income Property

1313 Reed St, Olean, NY 14760

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For Sale

$59,000

Two-unit property in Olean, ideal for rental income.

Type:Multi Family

HighLights

Income‑producing potential in a desirable location.
Separate gas, electric, and water utilities for each unit.
Priced to reflect needed improvements, offering value‑add opportunity.
Conveniently located near local amenities, shopping, and dining.
Closed in backyard with parking options.
Very Walkable location (Walk Score of 72).

We can help!

Listing Contact

Claudia Attard-Keary

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For Sale

$59,000

Two-unit property in Olean, 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 1313 Reed St

General Information

Standard status: Active
Property subtype: Multi Family

Building Details

Year Built: 1892

We can help!

Listing Contact

Claudia Attard-Keary

Listing agent Claudia Attard-Keary

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

Income‑producing potential in a desirable location.
Separate gas, electric, and water utilities for each unit.
Priced to reflect needed improvements, offering value‑add opportunity.
Conveniently located near local amenities, shopping, and dining.
Closed in backyard with parking options.
Very Walkable location (Walk Score of 72).

Overview

Located in Olean, this two-unit property presents an opportunity for portfolio expansion or initiating rental income streams. The property features separate gas, electric, and water utilities, offering convenience and flexibility. A closed-in backyard and parking options are included. 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 provides convenient access to local amenities, shopping, and dining.

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

Map
Local Demand

City: Olean
County: Cattaraugus
State: New York
Longitude: -78.4455746
Latitude: 42.0830884

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For sale
Duplexes
NY
Olean
14760
1313 Reed St

What type of property is this?

Duplex - Two-unit property in Olean, ideal for rental income.

Where is this duplex located?

The property is located at 1313 Reed St Olean, NY.

What is the asking price?

The asking price for this property is $59,000.

What are key features of this property?

This property features: Income‑producing potential in a desirable location.; Separate gas, electric, and water utilities for each unit.; Priced to reflect needed improvements, offering value‑add opportunity.