Seize this incredible opportunity to acquire a well-maintained, income-generating real estate portfolio in Olean, NY. This package includes five properties, consisting of a mix of multi-family units, totaling 11 rental units. With a strong rental history and consistent cash flow, this portfolio is perfect for both seasoned investors looking to expand their holdings and newcomers seeking a solid, diversified entry into the market. Included in this portfolio are 201 N 18th St (3-unit), 206 S 13th St (2-unit), 753-755 Garden Ave (2-unit), 125 N 3rd St (2-unit), and 217 King St (2-unit). These properties are located in strong rental demand areas, ensuring a steady stream of income. With a combination of multi-family and single-family units, this portfolio offers a diverse investment strategy, reducing risk while maximizing potential returns. Priced at $419,000 this investment presents a great cap rate opportunity with room for increased cash flow through strategic management. The Olean rental market remains strong and stable, making this an attractive long-term investment. Don’t miss out on this turnkey portfolio
Property Details
Price:
$145,000
MLS #:
R1691388
Status:
Active
Beds:
3
Baths:
3
Type:
Multi Family
Subtype:
MultiFamily
Neighborhood:
oleancity041200
Listed Date:
Jun 16, 2026
Finished Sq Ft:
1,342
Total Sq Ft:
1,342
Lot Size:
4,200 sqft / 0.10 acres (approx)
Year Built:
1985
Units:
3
See this Listing
Schools
School District:
Olean
Interior
Appliances
Electric Water Heater
Bathrooms
3 Full Bathrooms
Flooring
Hardwood, Varies
Heating
Electric, Baseboard
Levels
One
Exterior
Construction Materials
Vinyl Siding
Garage Spaces
1
Lot Features
Rectangular, Rectangular Lot, Residential Lot
Parking Features
Two Or More Spaces
Stories
1
Financial
Taxes
$4,305
Map
Community
- Address201 North 18th Street Olean NY
- CityOlean
- CountyCattaraugus
- Zip Code14760
Market Summary
Current real estate data for Multi Family in Olean as of Jul 16, 2026
21
Multi Family Listed
132
Avg DOM
183
Avg $ / SqFt
$277,805
Avg List Price
Property Summary
- 201 North 18th Street Olean NY is a Multi Family for sale in Olean, NY, 14760. It is listed for $145,000
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Courtesy of Howard Hanna Professionals – Olean. 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. 201 North 18th Street
Olean, NY

