Renovated Duplex with
For Sale
Under Contract
$149,000
4 Dearborn St., Jamestown, NY 14701
Residential, Jamestown, NY
Property Size1,618 SF
Price / SF$92.09
Days on Market47
Property Features for 4 Dearborn St.
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 3, Basement, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 4
Parking features
Garage
Exterior features
Balcony
Fireplace
1
Appliances
ElectricWaterHeater
Lot features
Rectangular, Rectangular Lot, Residential Lot
Elementary school
Milton J Fletcher Elementary
Middle school
Persell Middle
High school
Jamestown High
Elementary school district
Jamestown
Middle school district
Jamestown
High school district
Jamestown
Subdivision
Jamestown-City-060800
Standard status
Active Under Contract
APN
387.018-0004-018.0000000
Size
1,618 SF
Taxes and HOA fees
Tax Annual Amount
2489
Utilities
Heating system
Baseboard, Ductless (Heating), Electric (Heating)
Cooling system
Central Air, Ductless
Water source
Public
Amenities
central air
back porch
yard
Building Details
Year built
1895
Floors in Building
2
Number of units
2
Flooring type
Varies, Laminate, Carpet
Building materials
VinylSiding
Listing Agency:
Real Estate Advantage
(716) 484-2020
Listed By:
Anthony Benedetto · License #30BE0711190
(716) 665-1033
Added: Aug 21
Changed: Sep 16
Last Checked: Oct 6 at 5:06PM
MLS# R1709059
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 1,618-square-foot duplex, built in 1895, contains two residential units with two bedrooms in each. Both units have updated kitchens and bathrooms, new windows, carpet and tile flooring, and recessed lighting. The lower unit includes central air, while heating and cooling systems include electric baseboard and ductless equipment. Separate utilities serve the units, and the property has vinyl siding, public water, and a fireplace.
Exterior features include a spacious back porch, balcony, yard, and two-car garage. The property is located on Dearborn Street in Jamestown, NY, within Chautauqua County. A basement provides additional interior space.
Exterior features include a spacious back porch, balcony, yard, and two-car garage. The property is located on Dearborn Street in Jamestown, NY, within Chautauqua County. A basement provides additional interior space.
Key Highlights
- Two‑unit duplex with 2 bedrooms in each unit
- 1,618 square feet on a 0.37‑acre lot
- Updated kitchens, bathrooms, windows, flooring, and recessed lighting
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,388
Cap Rate
8.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$267,760
$267.8K
Cap Rate 7%
$191,257
$191.3K
Cap Rate 9%
$148,756
$148.8K
Market Conditions
NOI Build-Up for 1,618 SF
Gross rent
$21.8K $13.50/SF
− Vacancy
−$2.7K −$1.68/SF
EGI
$19.1K $11.82/SF
− OpEx
−$5.7K −$3.55/SF
NOI
$13.4K $8.27/SF
Area
Chautauqua County, NY
Vacancy
12.44%
Lease Rate
$13.50 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$267,760
Cap Rate 7%
$191,257
Cap Rate 9%
$148,756
Alternative Uses
Best Use
Multifamily LT 5
$191.3K
$167.4K – $223.1K
NOI $13,388 @ 7.0% cap · market cap 8.99%
Second Best
Apartment 5plus
$175.0K
$153.1K – $204.2K
NOI $12,249 @ 7.0% cap · market cap 8.22%
Theoretical Best
Office A
$484.3K
$423.8K – $565.0K
NOI $33,900 @ 7.0% cap · market cap 22.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
495
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two updated residential units offer separate utilities, refreshed interiors, and shared outdoor space.
Where is this duplex located?
The property is located at 4 Dearborn St. Jamestown, NY.
What is the asking price?
The asking price for this property is $149,000.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms in each unit; 1,618 square feet on a 0.37‑acre lot; Updated kitchens, bathrooms, windows, flooring, and recessed lighting
