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Five-Property Rental Portfolio
For Sale
$145,000
Pending

201 N 18th St, Olean, NY 14760

Eleven rental units across five multi-family buildings in Olean, NY, offering a straightforward, diversified holding.

Property SizeContact for details
Days on Market48

Property Features for 201 N 18th St

General Information

Standard status Pending
Property subtype Multi Family

Additional Details

Multifamily Units 11

Building Details

Year Built 1985
Listing Agency: Howard Hanna Holt Real Estate
Listed By: Regis Handley · License #10301215129
Source: Elliman
Added: Jun 19 Changed: Jul 10 Last Checked: Aug 5 at 8:00AM

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 Howard Hanna Holt Real Estate

Investment Insights

Based on property information with market context.

This for-sale portfolio consists of five income-producing residential properties in Olean, NY, totaling 11 rental units. The mix includes one 3-unit building at 201 N 18th St and four 2-unit buildings at 206 S 13th St, 753-755 Garden Ave, 125 N 3rd St, and 217 King St. The offering is described as well-maintained and turnkey, supporting an investor-ready acquisition.

The portfolio is located within Olean, with walkability and bikeability noted in the provided materials, including a walk score of 65 (Somewhat Walkable) and a bike score of 61 (Bikeable). The address information provided reflects a compact set of holdings, with multiple multi-family configurations that can be managed together.

For investors or owner-operators looking for diversified income from multiple residential buildings, this structure offers exposure across both 2-unit and 3-unit properties within a single package. It may also appeal to buyers who prefer a multi-building approach rather than relying on a single asset. Tenants and brokers will appreciate the clear unit mix and the defined property list included in the sale offering.

Key Highlights

  • Portfolio of five rental properties in Olean, NY with a total of 11 rental units
  • Includes 3‑unit building at 201 N 18th St plus 2‑unit buildings at 206 S 13th St, 753‑755 Garden Ave, 125 N 3rd St, and 217 King St
  • 1985 year built for the portfolio

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store Garden Center Accounting Firm

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

11
Residential units

Location Intelligence

Trade Area within ½ mile

500
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?
Multifamily property - Eleven rental units across five multi-family buildings in Olean, NY, offering a straightforward, diversified holding.
Where is this multifamily property located?
The property is located at 201 N 18th St Olean, NY.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: Portfolio of five rental properties in Olean, NY with a total of 11 rental units; Includes 3‑unit building at 201 N 18th St plus 2‑unit buildings at 206 S 13th St, 753‑755 Garden Ave, 125 N 3rd St, and 217 King St; 1985 year built for the portfolio
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