Excellent investment opportunity at 48 Thayer Street, Jamestown, New York! This well maintained two unit property has undergone numerous recent updates, making it a great addition to your investment portfolio or an ideal owner occupied opportunity.
Recent improvements include a new roof, freshly painted exterior, new flooring, new drywall, fresh interior paint, and updated electrical, offering peace of mind and reduced maintenance costs for years to come.
Both apartments are currently occupied by long term tenants who are on month to month leases and would like to remain, providing immediate rental income. Each unit currently rents for $900 per month, creating a total gross monthly income of $1,800.
Whether you are looking to expand your investment portfolio or purchase your first income producing property, 48 Thayer Street offers strong rental potential, recent updates, and an excellent opportunity to generate cash flow.
Recent improvements include a new roof, freshly painted exterior, new flooring, new drywall, fresh interior paint, and updated electrical, offering peace of mind and reduced maintenance costs for years to come.
Both apartments are currently occupied by long term tenants who are on month to month leases and would like to remain, providing immediate rental income. Each unit currently rents for $900 per month, creating a total gross monthly income of $1,800.
Whether you are looking to expand your investment portfolio or purchase your first income producing property, 48 Thayer Street offers strong rental potential, recent updates, and an excellent opportunity to generate cash flow.
Property Details
Price:
$89,900
MLS #:
R1702252
Status:
Active
Beds:
4
Baths:
2
Type:
Multi Family
Subtype:
MultiFamily
Neighborhood:
jamestowncity060800
Listed Date:
Jul 30, 2026
Finished Sq Ft:
1,772
Total Sq Ft:
1,772
Lot Size:
4,975 sqft / 0.11 acres (approx)
Year Built:
1880
Units:
2
See this Listing
Schools
School District:
Jamestown
Elementary School:
Carlyle C Ring Elementary
Middle School:
Washington Middle
High School:
Jamestown High
Interior
Appliances
See Remarks, Water Heater
Bathrooms
2 Full Bathrooms
Flooring
Varies, Vinyl
Heating
Gas, Baseboard, Wall Furnace
Levels
Two
Exterior
Architectural Style
Duplex
Construction Materials
Wood Siding
Lot Features
Rectangular, Rectangular Lot, Residential Lot
Parking Features
Two Or More Spaces
Stories
2
Financial
Taxes
$974
Map
Community
- Address48 Thayer Street Jamestown NY
- CityJamestown
- CountyChautauqua
- Zip Code14701
Subdivisions in Jamestown
- A F Allen Brown
- Allen Estate Allotment B
- Allen Park Allotment
- Brooklyn Park Allotment
- Butlers Add
- Charles E Weeks
- City/Jamestown
- City/Jamestown Sec 387 06
- Elmhurst Park Allotment A
- Ericsson Heights Allotmen
- F F Petersons Allotment B
- Hall & Richs Allotment
- Hammond & Messengers Allo
- Holland Land Company Surv
- Holland Land Company’s Su
- Holland Land Companys Sur
- Jamestown
- John J Whitneys Allotment
- Lakeview Avenue
- Lewis Halls Allotment
- Mackay & Bromleys Allotme
- Myron Fishs Allotyment A
- Nettie E Sampson Allotmen
- Nettie Elizabeth Sampson
- Prendergast Ave
- Section 38809
- Sheldon Place Add
- Town/Carroll
- Wescott Allotment
- William D Coldrens Allotm
Market Summary
Current real estate data for Multi Family in Jamestown as of Sep 02, 2026
100
Multi Family Listed
174
Avg DOM
34
Avg $ / SqFt
$111,767
Avg List Price
Property Summary
- 48 Thayer Street Jamestown NY is a Multi Family for sale in Jamestown, NY, 14701. It is listed for $89,900
Similar Listings Nearby
Courtesy of ERA Team VP Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the New York State Alliance of MLSs. Detailed information about real estate listings held by brokerage firms other than Michael Paduano include the name of the listing broker. Neither the listing company nor Michael Paduano shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. New York State Alliance of MLSs. All rights reserved. 48 Thayer Street
Jamestown, NY