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Three-Unit Multifamily Property
For Sale
$42,000
Pending

307 Allen Street, Jamestown, NY 14701

Residential, Jamestown, NY

Property Size3,748 SF
Days on Market494

Property Features for 307 Allen Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Bedroom 3, Bedroom 6, Bedroom 5, Basement, Bathroom 3, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 4
Parking features Driveway
Appliances GasWaterHeater
Lot features Irregular Lot, Near Public Transit
Elementary school Clinton V Bush Elementary
Middle school Washington Middle
High school Jamestown High
Elementary school district Jamestown
Middle school district Jamestown
High school district Jamestown
Directions Take Allen near hospital to Allen and King
Subdivision Jamestown-City-060800
Standard status Pending
APN 387.12-1-39
Size 3,748 SF

Taxes and HOA fees

Tax Annual Amount 1567

Utilities

Heating system Natural Gas, Space Heater, Forced Air
Water source Public

Building Details

Year built 1910
Floors in Building 2
Number of units 3
Flooring type Varies, Vinyl
Building materials Frame
Roof type Asphalt
Architectural style Other
Listing Agency: Howard Hanna Holt - Lakewood
Listed By: Brenda Strasser · License #40ST1119351
Added: May 30, 2025 Changed: Sep 16 Last Checked: Oct 5 at 9:06AM
MLS# R1610996

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3,748-square-foot multifamily property in Jamestown contains three units within a frame-built structure constructed in 1910. The room count includes six bedrooms, three bathrooms, and a basement. Interior finishes include vinyl and varied flooring, while the building is equipped with a gas water heater and natural gas forced-air and space-heater systems.

Located at 307 Allen Street, the property has public water service, an asphalt roof, and driveway parking. The three-unit configuration and existing residential layout support continued multifamily use, subject to applicable requirements.

Key Highlights

  • Three‑unit multifamily property
  • 3,748 square feet with six bedrooms and three bathrooms
  • Frame construction; built in 1910

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Computer & Electronic Repair Locksmith

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,093
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Triplex - Frame construction with natural gas heating, public water, and driveway parking.
Where is this triplex located?
The property is located at 307 Allen Street Jamestown, NY.
What is the asking price?
The asking price for this property is $42,000.
What are key features of this property?
This property features: Three‑unit multifamily property; 3,748 square feet with six bedrooms and three bathrooms; Frame construction; built in 1910
More about this property
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