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Olean 14760
322 Laurel Avenue
$37,000
● Multifamily - Off Market

322 Laurel Avenue

Olean, NY 14760
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,731 Ft²
$505
Est. Monthly
156.56%
Cap Rate

About This Property

This 2-unit home is full of potential and ready for its next owner. Both apartments are currently vacant, making it an ideal choice for an investor or owner-occupant looking to customize and add value. The property offers off-street parking, an attached garage, and a welcoming covered front porch. While it does need some TLC, the layout and location make it a great investment opportunity. With a little work, this property can generate strong rental income or serve as a spacious multi-family residence.
Unit Size
1,731 Ft²
Days on Market
140 days
Land Size
0.12 acres
Price per sqft
$35
Property Type
Multifamily
Property Taxes
$210
HOA Dues
-
Year Built
1900

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Last updated: 9 months ago (NYSAMLS #R1639031)

Price History

Date / Event Date Event Price
Feb 5, 2026 Sold
Sold
Dec 31, 2025 In contract -
In contract
Nov 7, 2025 Price Decreased $59,900
↓ $4K (5.7%)
Price Decreased
Sep 18, 2025 Listed by Howard Hanna Professionals - Olean $63,500
Listed by Howard Hanna Professionals - Olean

Property Highlights

Parking Details
Parking Features: TwoOrMoreSpaces
Interior Details
Full Bathrooms: 2
Appliances: Gas Water Heater
Flooring Type: Carpet, Hardwood, Laminate, Varies
Basement: Full
Exterior Details
Square Footage: 1731
Property Condition: Resale
Year Built: 1900
Building Area Total: 1731
Levels: Two
Construction Materials: Vinyl Siding
Lot Features: Rectangular Lot, Rectangular, ResidentialLot
Lot Size Area: 0.1175
Lot Size Units: Acres
Lot Size Acres: 0.1175
Lot Size Square Feet: 5117
Lot Size Dimensions: 43X119
Tax Lot: 38
Water Source: Public, Connected
Financial Details
Tax Assessed Value: $45,000
Tax Annual Amount: $2,523
Utilities Details
Heating Type: Natural Gas, Forced Air
Sewer : Connected

Comparables

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

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20250918
09/18/2025
5 Bed
2 Bath
1731 ft²
$63,500
bedrooms
5 Bed
bathrooms
2 Bath
square feet
1731 ft²
$37,000 -41.73%
02/05/2026
Regis Handley
Howard Hanna Professionals

Building Info

322 Laurel Avenue 322 Laurel Avenue, Olean, NY 14760
More about this Building
322 Laurel Avenue
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About Olean


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