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Side-by-Side Duplex
For Sale
Contact for pricing
Pending

450 3rd Avenue, Olean, NY 14760

Two-unit residential property with one occupied apartment, one vacant unit, and a large backyard.

Property SizeContact for details
Days on Market144

Property Features for 450 3rd Avenue

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Howard Hanna Professionals
Listed By: Paul Pezzimenti · License #NY 10401272385
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 31 at 5:40PM

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 Howard Hanna Professionals

Investment Insights

Based on property information with market context.

This side-by-side duplex contains two residential units, offering a combination of existing occupancy and additional leasing flexibility. One apartment has been occupied by the same tenant for more than 4 years, while the other unit is vacant and has received ongoing maintenance. The property also includes a large backyard, with access through a shared laundry room.

Located in the Boardmanville Area of Olean, the duplex is offered as a residential income property. Showings of the occupied unit require at least 24 hours’ notice and are limited to second showings.

Key Highlights

  • Two‑unit side‑by‑side duplex
  • One unit occupied by a tenant of 4+ years
  • Second unit is currently vacant

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Electrical Service Auto Parts Store (Bike/Boat/Book/etc) Store Plumbing Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

629
Businesses Nearby

Demographics for 14760, NY

18,031
Population
8,917
Households
2
Avg Household Size
42
Median Age
27%
College-Educated
91%
High-School Grad
65.1 sq mi
ZIP Area
277
Density / Sq Mi
$52,569
Median Household Income
$35,754
Median Earnings
$777
Median Rent
$99,400
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?
Duplex - Two-unit residential property with one occupied apartment, one vacant unit, and a large backyard.
Where is this duplex located?
The property is located at 450 3rd Avenue Olean, NY.
What are key features of this property?
This property features: Two‑unit side‑by‑side duplex; One unit occupied by a tenant of 4+ years; Second unit is currently vacant
(716) 378-7039 Call to check price and availability
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