#B1610927, Bethany Gonyou, Listing office: Howard Hanna WNY Inc.
$109,900 List price
118 S 8th St Olean-City, NY 14760
2 beds
2 full
1,614 sqft
0.1 acres
$68 / sqft
Multi-Family
Property details
About 118 S 8th St
Looking for a smart addition to your investment portfolio or the perfect owner-occupied opportunity? This freshly updated upper/lower duplex checks all the boxes! Each unit features 1 spacious bedroom, making it ideal for easy-to-manage rental income or comfortable living with added income potential. From the moment you pull into the blacktop driveway, you'll appreciate the low-maintenance vinyl siding and curb appeal. A rare bonus, the three-car garage offers extra storage or rental potential for added cash flow. Inside, both units have been refreshed with modern flooring and a full coat of fresh paint, so they're clean, bright, and move-in ready. With separate entrances and a functional layout in each unit, this property offers flexibility and immediate rental potential. Whether you're a seasoned investor or just starting out, this property is a ready-to-go income producer. Don't miss your chance to own this solid, low-hassle duplex in a desirable location!
Highlights
Home typeDuplex
HeatingNatural Gas, Forced Air
StatusActive
CoolingCeiling Fan(s)
Size1,614 sqft
BasementYes
Lot size0.1175 Acres
Year built1900
ParkingPaved, Two or More Spaces
MLS #R1617968
Garage3 spaces
Summary
- Full Bathrooms: 2
- Appliances: Gas Water Heater
- Basement: Yes
- Flooring Type: Luxury Vinyl
- Interior: Ceiling Fan(s)
- Total Bedroom Count: 2
- Garage Space: 3 spaces
- Parking: Paved, Two or More Spaces
- Architectural Style: Duplex
- Heating: Natural Gas, Forced Air
- Cooling: Ceiling Fan(s)
- List Price: $109,900
- Price/SqFt: $68
- Lot: Rectangular Lot
- Directions: From Route 417, turn onto S 8th Street
- Year Built: 1900
- Stories: 2
- Living Area: 1,614 SqFt
- Lot Size: 0.1175 Acres
- MLS Number: R1617968
- MLS Name: NYS
- Office Name: Howard Hanna Professionals - Olean
- Office Phone: (716) 378-7039
- Listing Agent: Paul Pezzimenti
The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 7/11/2025, 10:45:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
4
Washington West Elementary School
Public District PK-3
0.6 mi
•1626 Washington St
3
East View Elementary School
Public District PK-3
1.4 mi
•690 E Spring St
7
Allegany-Limestone Elementary School
Public District PK-5
2.9 mi
•120 Maple Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $46,725. The most common annual income of people living in Olean-City, NY is between $35k-100k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
32%
<35k
51%
35k-100k
18%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
41%
Single, No Kids
14%
Single, with Kids
26%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
10%
12-17 yrs old
23%
18-34 yrs old
40%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Extreme Sports
NASCAR
Motocross
Where do the neighbors shop?
Academy Sports & Outdoors
Dollar General
GameStop
Where do the neighbors go to eat?
Little Caesars
Cracker Barrel
Sonic
What do the neighbors drive?
Chevrolet
Ram
Jeep
What do the neighbors listen to?
Country- Classic Country
New Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 118 S 8th St
The listing price of 118 S 8th St property is $109,900.
The property 118 S 8th St is a multi located in Olean-City, New York, 14760.
Active Listing: 118 S 8th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 118 S 8th St are: Washington West Elementary School (GreatSchools Rating 4/10), East View Elementary School (GreatSchools Rating 3/10), Allegany-Limestone Elementary School (GreatSchools Rating 7/10), Olean Intermediate-Middle School (GreatSchools Rating 4/10), Floyd C. Fretz Middle School (GreatSchools Rating 5/10), Cuba-Rushford Middle School (GreatSchools Rating 3/10), Olean Senior High School (GreatSchools Rating 3/10), Allegany-Limestone Middle-High School (GreatSchools Rating 5/10), Portville Junior-Senior High School (GreatSchools Rating 8/10).
The property 118 S 8th St is 1,614 SqFt (source: MLS/tax record).
The year of construction for 118 S 8th St is 1900.
This home is located at 118 S 8th St in Olean-City, NY and zip code 14760. This 1,614 square foot home, which was built in 1900, sits on a 0.12 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 25, 2025 and is currently priced at $109,900.
While more than 4 listings in Olean-City, NY in June 2025 were sold above asking price, there were more than 0 listings sold at asking price, and more than 7 were sold below. The number of homes for sale in Olean-City, NY increased by 10.5% between May and June 2025. Listings spent 37 days on the market in June 2025, and had a median list price of $115,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.