Apartment Buildings with
For Sale
$165,000
352-354 E Fourth Street, Jamestown, NY 14701
Residential, Jamestown, NY
Property Size2,003 SF
Price / SF$82.38
Days on Market52
Property Features for 352-354 E Fourth Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 3, Bathroom 2, Basement, Bedroom 4
Patio and Porch features
Porch
Appliances
GasWaterHeater
Lot features
Near Public Transit, 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
Subdivision
Jamestown-City-060800
Standard status
Active
APN
060800-387.41-1-17
Size
2,003 SF
Taxes and HOA fees
Tax Annual Amount
1627
Utilities
Heating system
Other (Heating), Natural Gas
Water source
Public
Building Details
Year built
1905
Floors in Building
2
Number of units
7
Flooring type
Laminate, Varies, Vinyl
Building materials
Frame
Roof type
Asphalt
Listing Agency:
Howard Hanna Holt - Lakewood
(716) 484-4040
Listed By:
Brenda Strasser · License #40ST1119351
(716) 499-6945
Added: Sep 5
Changed: Oct 22
Last Checked: Oct 26 at 2:06AM
MLS# R1712627
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.
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Investment Insights
Based on property information with market context.
This offering includes two side-by-side frame apartment buildings at 352-354 E Fourth Street. The property totals 2,003 square feet and was built in 1905. The 352 building includes a vacant residential component with fresh paint and new flooring, while the 354 building is occupied. A garage and porch are also included. Flooring varies among laminate and vinyl, and the buildings feature natural-gas heating, a gas water heater, public water service, and asphalt roofing.
The combined parcel measures 70 x 134 feet. The owner currently pays all utilities for both buildings. Appointments are required for property access.
The combined parcel measures 70 x 134 feet. The owner currently pays all utilities for both buildings. Appointments are required for property access.
Key Highlights
- Two side‑by‑side apartment buildings offered together
- 2,003 square feet on a 70 x 134‑foot lot
- Frame construction; built in 1905
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,164
Cap Rate
9.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$303,280
$303.3K
Cap Rate 7%
$216,629
$216.6K
Cap Rate 9%
$168,489
$168.5K
Market Conditions
NOI Build-Up for 2,003 SF
Gross rent
$31.7K $15.84/SF
− Vacancy
−$4.2K −$2.08/SF
EGI
$27.6K $13.76/SF
− OpEx
−$12.4K −$6.19/SF
NOI
$15.2K $7.57/SF
Area
Chautauqua County, NY
Vacancy
13.10%
Lease Rate
$15.84 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$303,280
Cap Rate 7%
$216,629
Cap Rate 9%
$168,489
Alternative Uses
Best Use
Multifamily LT 5
$236.8K
$207.2K – $276.2K
NOI $16,574 @ 7.0% cap · market cap 10.04%
Second Best
Apartment 5plus
$216.6K
$189.6K – $252.7K
NOI $15,164 @ 7.0% cap · market cap 9.19%
Theoretical Best
Office A
$599.5K
$524.6K – $699.5K
NOI $41,967 @ 7.0% cap · market cap 25.43%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
1,750
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Side-by-side residential buildings with a vacant component, occupied units, and owner-paid utilities.
Where is this apartment building located?
The property is located at 352-354 E Fourth Street Jamestown, NY.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Two side‑by‑side apartment buildings offered together; 2,003 square feet on a 70 x 134‑foot lot; Frame construction; built in 1905
