Unlock the potential in this fully vacant 4-unit property located in the Town of Portville. A true value-add opportunity, this building is ready for renovation and ideal for investors looking to rehab, reposition, and maximize rental income. With no current tenants, you can start work immediately without the challenges of inherited leases or occupancy delays. The property needs substantial updates, offering the chance to redesign floor plans, modernize systems, and bring the building to its highest and best use. Conveniently situated near local amenities, shopping, and major roadways, this location remains attractive for future renters. Whether you’re expanding your portfolio or searching for your next project, this multifamily structure provides strong upside for the right buyer.
Pending
$32,000
1390 Olean Portville Rd, Olean, NY 14760
3beds
2,400sqft
Quadruplex, Multi Family
Built in 1890
-- sqft lot
$-- Zestimate®
$13/sqft
$-- HOA
What's special
- 119 days |
- 176 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: February 28, 2026 at 04:41pm
Listing by:
eXp Realty 888-276-0630,
Austin Lopez 716-936-0806
Source: NYSAMLSs,MLS#: B1651697
Originating MLS: Buffalo
Originating MLS: BuffaloFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Gas, Forced Air
Cooling
- Attic Fan
Appliances
- Included: Gas Water Heater
Features
- Ceiling Fan(s)
- Flooring: Carpet, Ceramic Tile, Hardwood, Laminate, Varies
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,400
- Total interior livable area: 2,400 sqft
Property
Parking
- Parking features: Two or More Spaces
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.3 Acres
- Dimensions: 45 x 290
- Features: Rectangular, Rectangular Lot, Residential Lot
Details
- Parcel number: 04748909501700030250000000
- Zoning description: Residential Multi Use
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Fourplex
- Property subtype: Quadruplex, Multi Family
Materials
- Composite Siding, PEX Plumbing
- Foundation: Block
- Roof: Asphalt,Shingle
Condition
- Resale
- Year built: 1890
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Connected
Community & HOA
Location
- Region: Olean
Financial & listing details
- Price per square foot: $13/sqft
- Tax assessed value: $36,000
- Annual tax amount: $1,462
- Date on market: 11/21/2025
- Cumulative days on market: 116 days
- Listing terms: Cash
- Tenant pays: All Utilities
Estimated market value
Not available
Estimated sales range
Not available
$1,025/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/1/2026 | Pending sale | $32,000$13/sqft |
Source:  NYSAMLSs #B1651697 Report a problem | ||
| 11/21/2025 | Listed for sale | $32,000$13/sqft |
Source: NYSAMLSs #B1651697 Report a problem | ||
| 5/31/2024 | Listing removed | -- |
Source: NYSAMLSs #R1511970 Report a problem | ||
| 1/22/2024 | Price change | $32,000-11.1%$13/sqft |
Source: NYSAMLSs #R1511970 Report a problem | ||
| 11/30/2023 | Listed for sale | $36,000+140%$15/sqft |
Source: NYSAMLSs #R1511970 Report a problem | ||
| 1/2/2001 | Sold | $15,000$6/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $36,000 |
| 2023 | -- | $36,000 |
| 2022 | -- | $36,000 |
| 2021 | -- | $36,000 |
| 2020 | -- | $36,000 |
| 2019 | -- | $36,000 |
| 2018 | -- | $36,000 |
| 2017 | $830 | $36,000 |
| 2016 | -- | $36,000 |
| 2015 | -- | $36,000 |
| 2014 | -- | $36,000 |
| 2013 | -- | $36,000 |
| 2012 | -- | $36,000 |
| 2011 | -- | $36,000 |
| 2010 | -- | $36,000 |
| 2009 | -- | $36,000 |
| 2008 | -- | $36,000 -35.7% |
| 2007 | -- | $56,000 +34.6% |
| 2006 | -- | $41,600 |
| 2005 | -- | $41,600 |
| 2004 | -- | $41,600 +160% |
| 2002 | -- | $16,000 -27.6% |
| 2001 | -- | $22,100 |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Neighborhood: 14760
Nearby schools
GreatSchools rating
- 8/10Portville Elementary SchoolGrades: PK-6Distance: 3.2 mi
- 8/10Portville Junior Senior High SchoolGrades: 7-12Distance: 3.2 mi
Schools provided by the listing agent
- High: Portville Junior-Senior High
- District: Portville
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 14760
- New York
- Cattaraugus County
- Olean
- 14760
- 1390 Olean Portville Rd
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