Residential Income

Olean, NY Residential Income Properties for Sale

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Triplex with Historic Woodwork
Updated: Aug 29
Triplex with Historic Woodwork

947 N Union Street, Olean, NY 14760

$159,900
3,536 sqft 0.12 AC lot
Three‑unit triplex with six bedrooms and three baths
3536 square feet on a 0.12‑acre lot
1915 construction with natural woodwork throughout
New sewer line from the street and updated electrical panels
All three units occupied by long‑term tenants
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Updated Two-Unit Duplex
Updated: Sep 1
Updated Two-Unit Duplex

306 Wayne Street, Olean, NY 14760

$134,900
1,741 sqft 0.12 AC lot
Two separate residential units with both units currently vacant
1,741 square feet on a 0.1235‑acre lot
Private covered porch provided for each unit
Updated interiors with all‑new flooring
Four bedrooms, two bathrooms, and a basement
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Bar with Residential Units
Bar with Residential Units

659 E State Street, Olean, NY 14760

$249,919
6,040 sqft 0.10 AC lot

Established tavern with a side deck, substantial parking, and five residential units included in the sale.

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See hot listings in Olean

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Downtown Mixed-Use Building
Downtown Mixed-Use Building

309 N Union Street, Olean, NY 14760

$279,900
7,308 sqft

Commercial rooms occupy the ground level, with a remodeled residential layout and an existing tenant upstairs.

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Duplex with Two-Car Garage
Duplex with Two-Car Garage

815 Washington Street, Olean, NY 14760

$129,900
2,098 sqft 0.11 AC lot

Two-bedroom apartments feature flexible bonus rooms, long-term occupancy, and shared basement laundry.

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Duplex with Detached Garage
Duplex with Detached Garage

201 N 13th Street, Olean, NY 14760

$139,999
2,064 sqft 0.08 AC lot

Main residence includes a remodeled kitchen, while the upper apartment adds separate living space and household amenities.

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Hunting Land with Creek Access
Hunting Land with Creek Access

Olean, NY 14760

$145,000
3.80 AC lot

A 3.8-acre wooded parcel with a creek running through/along the property and interior trails.

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Mixed-Use Building with Storefronts
Mixed-Use Building with Storefronts

514 W State St, Olean, NY 14760

$149,900
9,180 sqft

Six units combine street-level commercial space with four upper-floor apartments and ongoing rental occupancy.

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Two-Unit Duplex with Separate Utilities
Two-Unit Duplex with Separate Utilities

108 N 4th Street, Olean, NY 14760

$78,000
2,388 sqft 0.04 AC lot

Well-maintained income property near downtown Olean with two matching residential layouts and on-street parking.

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Two-Unit Duplex with Full Basement
Two-Unit Duplex with Full Basement

1010 Buffalo Street, Olean, NY 14760

$59,900
2,228 sqft 0.07 AC lot

Vacant side-by-side layout offers separate living spaces with off-street parking and flexible owner-occupant or rental use.

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Mixed-Use Building with Storefront
Mixed-Use Building with Storefront

318 Wayne St, Olean, NY 14760

$164,900
5,594 sqft

Two apartments accompany a first-floor commercial space with dedicated support areas.

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Tenant-Occupied Duplex
Tenant-Occupied Duplex

614 Garden Avenue, Olean, NY 14760

$59,000
1,824 sqft 0.06 AC lot

Two-unit residential property with separate apartments, public water, natural-gas forced-air heat, and paved parking.

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Olean Multifamily Property for Sale
Olean Multifamily Property for Sale

118 S 7th Street, Olean, NY 14760

$65,000
1,542 sqft 0.09 AC lot

Multifamily property in Olean, NY, with 1542 square feet.

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Duplex With Two-Car Garage
Duplex With Two-Car Garage

815 Washington St, Olean, NY 14760

$129,900
2,098 sqft

Fully occupied two-unit property with flexible bonus rooms, basement laundry, and private outdoor space for the lower apartment.

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Established Bar with Apartments
Established Bar with Apartments

659 E State Street, Olean, NY 14760

$249,919
6,040 sqft

Operating tavern with food service, live entertainment, a substantial outdoor deck, and private parking in Olean.

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Two-Unit Duplex with Garage
Two-Unit Duplex with Garage

201 N 13th St, Olean, NY 14760

$139,999
2,064 sqft

Corner-lot duplex with flexible living arrangements, updated systems, and included kitchen appliances.

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Duplex with Off-Street Parking
Duplex with Off-Street Parking

813 W Sullivan St, Olean, NY 14760

$49,900
1,368 sqft

Two vacant apartments provide flexibility for rental occupancy or use by an owner.

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Duplex with Basement and Off-Street Parking
Duplex with Basement and Off-Street Parking

1010 Buffalo St, Olean, NY 14760

$59,900
2,228 sqft

Two side-by-side 3-bedroom units with full basement, attic storage, and off-street parking—currently vacant and ready for updates.

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Two-Unit Duplex
Two-Unit Duplex

614 Garden Ave, Olean, NY 14760

$59,000
1,824 sqft

Both residences are tenant occupied and feature two bedrooms and one bathroom.

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Well-Maintained Triplex with Woodwork
Well-Maintained Triplex with Woodwork

947 N Union St, Olean, NY 14760

$159,900

Three occupied units feature private porches, separated utilities, and a combination of private and shared laundry areas.

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White Lantern Mobile Home Park
White Lantern Mobile Home Park

3485 Route 16 N, Olean, NY 14760

$599,000

Multi-unit mobile home park asset in Olean, New York.

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Downtown Retail Building with Apartments
Downtown Retail Building with Apartments

457 N Union St, Olean, NY 14760

$165,000

Mixed-use building in high-traffic area with income potential.

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Renovated Side-by-Side Duplex
Renovated Side-by-Side Duplex

817 Bishop St, Olean, NY 14760

$139,900

Two updated units feature remodeled bathrooms, refreshed interiors, and washer and dryer hookups in both kitchens.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 23 Active Listings in Olean, NY, we suggest to view alternatives - similar 9 Off-Market properties to explore as potential leads.

Off-Market Properties in Olean, NY

Consider similar Off-Market properties in Olean, NY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

3088 Rte 16th N
MOBILE HOME PARK, TRAILER PARK

3088 Rte 16th N, Olean, NY 14760-9718

Estimated value:
$255,000
720 sqft 2.45 AC lot
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Olean, NY Residential Income Properties Market Trends and Statistics

Explore 32 residential income properties for sale in Olean, NY, showcased through 23 active listings on our real estate platform. These investment opportunities span a total of 61,165 square feet of properties for sale, with an estimated market value of $3,568,636.

Sale prices for residential investment properties in Olean, NY start at $49,900, averaging $155,158, and reaching up to $599,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 26
Duplexes 16
Triplexes 2
Apartment buildings 1
Mobile home & RV parks 1

Demographics Overview

Population 17K
Population Growth (5Y) -4.9%
Median Household Income $52,569
College Educated 40.2%

High-Yield Neighborhoods for Investment

Identify Olean submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
14760 $145.3K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cattaraugus County

New Delisted

Total CRE Inventory on Market (SF)

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