Discover the perfect opportunity for investors or owner-occupants with this side-by-side duplex offering both convenience and potential. One unit boasts a long-standing tenant, providing immediate income, while the other is ready for your vision and a little TLC to bring it to its full potential.
Located on a quiet stretch of S 5th Street, the property offers easy street parking and a layout that maximizes privacy for both units. Each side features its own entrance, making it ideal for renters or multi-generational living.
With a bit of effort on one unit, you can unlock significant value and reap the benefits of steady rental income or comfortable living while your tenant helps cover expenses. Whether you're looking to add to your portfolio or step into property ownership, this duplex is a smart investment with plenty of upside.
Sold for $46,500 on 04/09/25
$46,500
108 S 5th St, Olean, NY 14760
3beds
1,553sqft
Multi Family
Built in 1915
-- sqft lot
$47,300 Zestimate®
$30/sqft
$1,134 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: April 11, 2025 at 10:06am
Listed by:
Paul Pezzimenti 716-378-7039,
Howard Hanna Professionals - Olean
Bought with:
Regis Handley, 10301215129
Howard Hanna Professionals - Olean
Source: NYSAMLSs,MLS#: R1585330
Originating MLS: Chautauqua-Cattaraugus

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Gas, Baseboard
Appliances
- Included: Gas Water Heater
Features
- Ceiling Fan(s)
- Flooring: Carpet, Hardwood, Varies
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,553
- Total interior livable area: 1,553 sqft
Property
Parking
- Parking features: No Driveway, On Street
Features
- Levels: Two
- Stories: 2
Lot
- Size: 1,921 sqft
- Dimensions: 40 x 48
- Features: Rectangular, Residential Lot
Details
- Parcel number: 04120009406400130150000000
- Special conditions: Estate
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Composite Siding, Copper Plumbing
Condition
- Resale
- Year built: 1915
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Olean
Other
Other facts
- Listing terms: Cash,Conventional