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Olean 14760
113 S 18th Street
Photo of 113 S 18th Street

29

Map

Photo of 113 S 18th Street
Photo of 113 S 18th Street
$189,900
● House - For Sale

113 S 18th Street

Olean, NY 14760
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,408 Ft²
$1,261
Est. Monthly

About This Property

Welcome home to this beautifully renovated 3-bedroom, 1.5-bath home that is truly move-in ready! Step inside to find fresh updates throughout and a bright, inviting layout. The completely updated kitchen features new cabinetry, countertops, and appliances, along with a counter-height bar that creates an open connection between the kitchen and dining room-perfect for everyday meals or entertaining. Outside, relax on the covered back porch overlooking the yard, with a basketball hoop ready for some friendly competition and a storage shed providing extra space for outdoor essentials. With the renovations already complete, all that's left to do is move in and make it yours!
Unit Size
1,408 Ft²
Days on Market
38 days
Land Size
0.17 acres
Price per sqft
$135
Property Type
House
Property Taxes
$328
HOA Dues
-
Year Built
1870

Listed By

Darrick Babb
[email protected]
Howard Hanna Professionals - Olean

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 28 days ago (NYSAMLS #R1709708)

Price History

Date / Event Date Event Price
Aug 24, 2026 Listed by Howard Hanna Professionals - Olean $189,900
Listed by Howard Hanna Professionals - Olean
Mar 31, 2026 Sold
Premium
Sold
Mar 22, 2026 In contract -
In contract
Mar 4, 2026 Price Decreased $66,500
↓ $5K (7%)
Price Decreased
Feb 12, 2026 Price Decreased $71,500
↓ $5K (6.5%)
Price Decreased
Show More

Property Highlights

Parking Details
Parking Features: No Garage
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Breakfast Bar, SeparateFormalLivingRoom
Appliances: Electric Water Heater, Free-Standing Range, Microwave, Oven, Refrigerator
Flooring Type: Hardwood, Laminate, Varies
Laundry Features: In Basement
Rooms: 8
Basement: Full
Exterior Details
Square Footage: 1408
Property Condition: Resale
Architectural Style: HistoricAntique
Year Built: 1870
Building Area Total: 1408
Levels: Two
Construction Materials: Frame
Lot Features: Rectangular Lot, Rectangular
Lot Size Area: 0.1687
Lot Size Units: Acres
Lot Size Acres: 0.1687
Lot Size Square Feet: 7350
Lot Size Dimensions: 70X105
Tax Lot: 44
Water Source: Public, Connected
Financial Details
Tax Assessed Value: $68,500
Tax Annual Amount: $3,934
Utilities Details
Heating Type: Natural Gas, Forced Air
Sewer : Connected

Building Info

Overview

    General

  • Year Built: 1870
  • Effective Year Built: 1870
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,350
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,408
  • Building Area: 1,408
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 24
  • Heated Square Feet: 1,408
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000168
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Olean City School District
  • School Tax School District: OLEAN CITY
  • Census Tract: 961600

Zoning

  • Zoning: R3

Geography

  • Account Number: 010540
  • District: 041200
  • Section: 94.63
  • Parcel: 041200 94.063-4-44
  • Block: 4
  • Lot: 44.000
  • Municipality: OLEAN
  • Latitude: 42.0765
  • Longitude: -78.4513

    Address

  • Full Address: 113 S 18th St
  • Address - House Number: 113
  • Street Direction: S
  • Address - Street Name: 18th
  • Address - Suffix Type: St
  • State: NY
  • City Name: Olean
  • Carrier Code: C006
  • 4-Digit Zip Code: 3323
  • Zip Code: 14760

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $435,588
  • Tax Rate Code Area: 041200

    Appraisal Valuation

  • Standard Deviation: 0.1534
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 69
  • Final Value: 101,100
  • High Value: 116,610
  • Low Value: 85,589

    Market Valuation

  • Market Total Value: $87,821
  • Market Land Value: $5,128
  • Market Improvement Value: $82,693

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $68,500
  • Assessed Land Value: $4,000
  • Assessed Improvements Value: $64,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 22, 1999
  • Current Sale Recording Date: Jun 25, 1999
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Olean

Stats & Trends

Median Asking:

$139,900

Sale Price/ft²

$86

Below Asking

0.05%

Average Days on Market

83

Average Home Size

1727 ft²

Average Home Age

113.5 years

Currently For Sale

64 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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NYSAMLS

Last Updated: 28 days ago
Data Source: NYSAMLSs, MLS# R1709708

Frequently Asked Questions

When was property at 113 South 18th Street built and last sold?
The property at 113 South 18th Street was built in 1870 and last sold on Jun 22, 1999 for $48,500.
How much is this home worth?
The estimated value of the home located at 113 South 18th Street is $189,051.
What are some comparable homes to 113 South 18th Street?
There are currently no comparable homes to 113 South 18th Street.
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