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5-Unit Apartment Building with Programmable Thermostats
For Sale
$150,000

351 E 5th Street, Jamestown, NY 14701

MULTI_FAMILY - Jamestown, NY

Property Size4,285 SF
Lot Size0.39 Acres
Price / SF$35.01
Days on Market606

Property Features for 351 E 5th Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Rooms Bedroom 2, Bedroom 4, Basement, Bedroom 3, Bedroom 1, Bedroom 5
Parking features Garage
Interior features ProgrammableThermostat
Appliances GasCooktop, GasOven, GasRange, GasWaterHeater, Refrigerator
Lot features Rectangular, Rectangular Lot, Residential Lot
Elementary school Samuel G Love Elementary
Middle school Washington Middle
High school Jamestown High
Elementary school district Jamestown
Middle school district Jamestown
High school district Jamestown
Directions Corner of Liberty and 5th Street.
Subdivision Jamestown-City-060800
Standard status Active
APN 060800-387-033-0002-037-000
Size 4,285 SF
Lot size 0.39 Acres

Taxes and HOA fees

Tax Annual Amount 3486

Utilities

Heating system Electric (Heating), Natural Gas, Forced Air
Water source Public

Building Details

Year built 1880
Floors in Building 2
Number of units 5
Flooring type Carpet, Varies, Laminate
Building materials ShakeSiding
Roof type Shingle
Listing Agency: Century 21 Turner Brokers · Century 21 Real Estate
Listed By: Thomas Turner · License #10311200036
Added: Dec 26, 2024 Changed: Aug 4 Last Checked: Aug 24 at 9:06AM
MLS# R1582166

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.

Welcome to 351 E 5th Street in Jamestown, NY. This 5-unit apartment building is completely leased out and offers an income-producing setup for a new owner, with tenants responsible for paying utilities. The property is supported by a mix of interior finishes, including programmable thermostat features, and includes multiple gas appliances such as a gas cooktop, gas oven, gas range, and a gas water heater.

The building was constructed in 1880 and features shake siding and a shingle roof. Heating is provided by forced air systems with natural gas and electric (heating) components, and flooring varies by unit, including laminate and carpet. Public water is listed, and on-site parking is available with a garage.

Set on a 0.3857-acre lot with a total property size of 4,285 square feet, this asset is positioned as a straightforward, leased multi-family option within Jamestown.

Key Highlights

  • Completely leased 5‑unit apartment building at 351 E 5th Street
  • Tenants pay utilities
  • 0.3857‑acre lot with 4,285 square feet building size

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Barber Shop (Bike/Boat/Book/etc) Store HVAC Service Cafe & Coffee Shop Catering Service 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

5
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,487
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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully leased five-unit apartment building on 0.3857-acre lot with gas heating, electric backup, and garage parking.
Where is this apartment building located?
The property is located at 351 E 5th Street Jamestown, NY.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Completely leased 5‑unit apartment building at 351 E 5th Street; Tenants pay utilities; 0.3857‑acre lot with 4,285 square feet building size
More about this property
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