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Two-Unit Duplex
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245 Fairmount Ave, Jamestown, NY 14701

Two residential units offer a flexible layout for occupancy, leasing, or a combination of both.

Property Size1,776 SF
Days on Market4

Property Features for 245 Fairmount Ave

General Information

Standard status Active
Size 1,776 SF
Property subtype Multi Family

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,770

Building Details

Building Size 1,776 SF
Year Built 1910
Stories 2
Units 2
Listing Agency: Real Estate Advantage
Listed By: Jennifer Price · License #10401316456
Source: Elliman
Added: Aug 21 Changed: Aug 22 Last Checked: Aug 23 at 7:35AM

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 Real Estate Advantage

Investment Insights

Based on property information with market context.

Built in 1910, this two-unit duplex includes matching residential layouts with two bedrooms, one full bathroom, a kitchen, dining area, and living room in each unit. The property is being sold as-is, with the upstairs apartment vacant and the downstairs apartment occupied by a long-term tenant.

The home is located near schools and shopping in Jamestown, New York. Walk Score is 65, described as somewhat walkable, while Bike Score is 53, described as bikeable. The unit configuration supports separate residential occupancy within a single multifamily property.

Key Highlights

  • Two‑unit duplex built in 1910
  • Each unit has 2 bedrooms and 1 full bath
  • Both apartments include kitchen, dining, and living areas

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Daycare Center Carpet & Flooring Store Grocery & Convenience Store Cafe & Coffee Shop

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

390
Businesses Nearby

Demographics for 14701, NY

38,428
Population
19,469
Households
2
Avg Household Size
42
Median Age
25%
College-Educated
90%
High-School Grad
92.6 sq mi
ZIP Area
415
Density / Sq Mi
$50,909
Median Household Income
$34,592
Median Earnings
$769
Median Rent
$98,400
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 - Two residential units offer a flexible layout for occupancy, leasing, or a combination of both.
Where is this duplex located?
The property is located at 245 Fairmount Ave Jamestown, NY.
What are key features of this property?
This property features: Two‑unit duplex built in 1910; Each unit has 2 bedrooms and 1 full bath; Both apartments include kitchen, dining, and living areas
More about this property
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