#R1561407, John J. Dwaileebe, Listing office: Howard Hanna Professionals
$79,900 List price
125 S 7th St Olean, NY 14760
3 beds
3 full
1,918 sqft
0.09 acres
$42 / sqft
Multi-Family
Property details
About 125 S 7th St
Great investment opportunity in the heart of Olean! This 3-unit property at 125 S. 7th St offers solid rental potential with an estimated monthly income of approximately $1,800. Each unit is in overall good condition and the property is being sold as-is, allowing for immediate use or the opportunity to make updates and increase value. The first-floor apartment features an extra room that could easily be converted into an additional bedroom for added income potential. A shared driveway leads to a parking pad in the rear, providing off-street parking for tenants. Conveniently located near downtown, schools, and public transportation, this property is ideal for investors or owner-occupants looking to generate steady rental income. Don’t miss your chance to add this versatile property to your portfolio!
Highlights
Home typeMulti Family
HeatingNatural Gas, Space Heater(s)
StatusSale Pending
(Pending)
(Pending)
Size1,918 sqft
BasementYes
Lot size0.0882 Acres
Year built1910
ParkingCommon, Two or More Spaces
MLS #R1626453
Summary
- Full Bathrooms: 3
- Appliances: Gas Water Heater
- Basement: Yes
- Flooring Type: Carpet, Varies, Vinyl
- Total Bedroom Count: 3
- Parking: Common, Two or More Spaces
- Architectural Style: Triplex
- Heating: Natural Gas, Space Heater(s)
- List Price: $79,900
- Price/SqFt: $41
- Annual Tax Amount: $1,418
- Tax Year: 2022
- Lot: Rectangular Lot
- Year Built: 1910
- Stories: 2
- Living Area: 1,918 SqFt
- Lot Size: 0.0882 Acres
- MLS Number: R1626453
- MLS Name: NYS
- Office Name: Real Estate Pros & More
- Office Phone: (716) 307-6960
- Listing Agent: Kenneth M. Bailey
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
harmless.
© 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.
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: 8/1/2025, 5:15:28 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
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $50,800 | $- |
| 2022 | $50,800 | $1,418 |
| 2021 | $50,800 | $1,432 |
| 2020 | $50,800 | $1,432 |
| 2019 | $50,800 | $2,010 |
| 2018 | $50,800 | $2,740 |
| 2017 | $50,800 | $2,059 |
History based on county public records data.
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
1.3 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 $32,222. The most common annual income of people living in Olean, NY is less than $<35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
How much money do the neighbors make?
53%
<35k
37%
35k-100k
8%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
52%
Single, No Kids
15%
Single, with Kids
19%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
8%
12-17 yrs old
25%
18-34 yrs old
39%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Extreme Sports
Figure Skating
NASCAR
Where do the neighbors shop?
Academy Sports & Outdoors
Kmart
Dollar General
Where do the neighbors go to eat?
Little Caesars
Bob Evans
Cracker Barrel
What do the neighbors drive?
Chevrolet
Buick
Ram
What do the neighbors listen to?
Country
Oldies- Classic Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 125 S 7th St
The listing price of 125 S 7th St property is $79,900.
The property 125 S 7th St is a multi located in Olean, New York, 14760.
Sale Pending: 125 S 7th St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
The nearby schools for 125 S 7th 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), Hinsdale Central School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2022 is $1,418 (source: MLS/based on county public records data).
The property 125 S 7th St is 1,918 SqFt (source: MLS/tax record).
The year of construction for 125 S 7th St is 1910.
This home is located at 125 S 7th St in Olean, NY and zip code 14760. This 1,918 square foot home, which was built in 1910, sits on a 0.09 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 30, 2025 and is currently priced at $79,900.
While more than 1 listings in Olean, NY in July 2025 were sold above asking price, there were more than 1 listings sold at asking price, and more than 9 were sold below. In July 2025 in Olean, NY there were 14% less homes for sale than in June. In July 2025 median list price was $117,000 and the average listing age was 22 days.
From Rocket Homes Real Estate and based on county public records data.