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Updated Duplex with Detached Garage
For Sale
$115,000
Pending

201 Center St, Olean, NY 14760

An updated two-unit duplex with a detached garage and separate bedroom layouts, currently vacant and ready for a new owner.

Property SizeContact for details
Days on Market52

Property Features for 201 Center St

General Information

Standard status Pending
Property subtype Multi Family

Additional Details

Multifamily Units 2

Building Details

Year Built 1930
Listing Agency: EXP-Premier Listings Team
Listed By: Claudia Attard-Keary
Source: Elliman
Added: Jun 15 Changed: Jul 10 Last Checked: Aug 5 at 10:34AM

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

Investment Insights

Based on property information with market context.

This duplex includes a detached garage and two separate residential units. The lower unit offers 2 bedrooms, while the upper unit has 3 bedrooms. The property is described as having many updates, and it is currently vacant, providing flexibility for an owner to lease immediately or renovate further based on their plans.

The home is located at 201 Center St in Olean, NY 14760. Walk Score is listed as 38 (car-dependent) and Bike Score as 46 (somewhat bikeable), indicating the area is more vehicle-oriented for day-to-day access.

With unit bedroom counts of 2 and 3, the layout may appeal to tenants seeking different space needs within the same building. As a currently vacant duplex with updated features and on-site parking via the detached garage, it can be a practical fit for owner-occupants and investors looking for a straightforward two-unit residential income opportunity.

Key Highlights

  • Duplex built in 1930 with two separate units and detached garage
  • Lower unit features 2 bedrooms
  • Upper unit features 3 bedrooms

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Electrical Service Auto Parts Store Plumbing Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

667
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - An updated two-unit duplex with a detached garage and separate bedroom layouts, currently vacant and ready for a new owner.
Where is this duplex located?
The property is located at 201 Center St Olean, NY.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: Duplex built in 1930 with two separate units and detached garage; Lower unit features 2 bedrooms; Upper unit features 3 bedrooms
More about this property
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