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Restored Victorian Triplex
For Sale
$112,900

54 Lakeview Ave, Jamestown, NY 14701

Historic three-unit property with separately metered gas and electric service, remodeled upper apartments, and a partially prepared first-floor unit.

Property Size3,108 SF
Price / SF$36.33
Days on Market11

Property Features for 54 Lakeview Ave

General Information

Standard status Active
Size 3,108 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence partially drywalled

Units

Unit Mix 2 x 1BR/1BA
Multifamily Units 3

Additional Details

Utilities to Site Yes

Amenities

security system

Building Details

Year Built 1884
Buildings 1
Construction Folk Victorian
Listing Agency: Century 21 Turner Brokers
Listed By: Alex Clark · License #10401390843
Source: Skinnercnyrealty
Added: Aug 22 Changed: Aug 31 Last Checked: Aug 31 at 7:20PM

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 Century 21 Turner Brokers

Investment Insights

Based on property information with market context.

Located at 54 Lakeview Avenue in Jamestown, The Delevan House is a 3,108-square-foot Folk Victorian triplex constructed in 1884. The exterior has been restored and repainted in a Victorian yellow and white trim scheme. Two upper-level one-bedroom, one-bathroom apartments have been remodeled, while the first-floor unit has been cleared and partially drywalled for renovation into a potential three-bedroom, one-bathroom apartment.

Each unit has separate gas and electric metering. The property also includes three operational HVAC systems, three water heaters, and three thermostats. Additional improvements include numerous newer windows, plumbing upgrades, a newer roof with no known leaks, and a transferable security system. A dry basement, clean attic, and large paved driveway provide practical support areas and off-street parking.

Key Highlights

  • 3,108‑square‑foot triplex built in 1884
  • Three separately metered units with gas and electric service
  • Two remodeled upper apartments, each with 1 bedroom and 1 bathroom

Property Analytics

Current Use

Triplexes

Suggested Use

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

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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,232
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
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Frequently Asked Questions

What type of property is this?
Triplex - Historic three-unit property with separately metered gas and electric service, remodeled upper apartments, and a partially prepared first-floor unit.
Where is this triplex located?
The property is located at 54 Lakeview Ave Jamestown, NY.
What is the asking price?
The asking price for this property is $112,900.
What are key features of this property?
This property features: 3,108‑square‑foot triplex built in 1884; Three separately metered units with gas and electric service; Two remodeled upper apartments, each with 1 bedroom and 1 bathroom
More about this property
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