128 S 8th St

2,448 Sq. Ft.
$25 / Sq. Ft.
2,448
Sq. Ft.
$25
per Sq. Ft.

Description

Offered for sale is this solid duplex in the heart of Olean. The lower has three bedrooms, one and a half baths, hot water baseboard heat, laundry hookups. The upper has two bedrooms (with a possible third) one bath, forced air gas heat and laundry hookups. Upper apartment has two means of egress. Separate electric, gas, and water meters. A strong rental market here promises good occupancy rates. Tenants enjoy all the amenities of city living; close to shops, restaurants, public transportation, and...Offered for sale is this solid duplex in the heart of Olean. The lower has three bedrooms, one and a half baths, hot water baseboard heat, laundry hookups. The upper has two bedrooms (with a possible third) one bath, forced air gas heat and laundry hookups. Upper apartment has two means of egress. Separate electric, gas, and water meters. A strong rental market here promises good occupancy rates. Tenants enjoy all the amenities of city living; close to shops, restaurants, public transportation, and government offices. Good rental history and below market rents leave room for income growth. This will make a great addition to any rental portfolio!
  1. Listed by Thomas J Pietras • RE/MAX On Point
    P: (716)-373-7325 C: (716)-244-0594 goldbuyertom@gmail.com

Property Details for 128 South 8th Street

On Waterfront
No
Parking Description
Two Or More Spaces
Nearest Cross Street
West Henley
LISTING UPDATED: 04/15/2026 09:30 PM

Property Details for 128 South 8th Street

StatusClosed
MLS #B1640549
Days on Market93
Taxes$3,479 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family / Residential
Year Built1910
Lot Size0.15 AC / 6,400 SF
CountyCattaraugus County

Location

Listing Courtesy of RE/MAX On Point

Sold By ERA Team VP Real Estate

Add your commute

Building Information for 128 South 8th Street

Stories2Residences2Year Built1910Building Size-Lot Size0.15 AC / 6,400 SF

Payment Calculator

$589 per month

30 year fixed, 6.36% Interest

Principal and Interest

$299

Property Taxes

$290

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 128 South 8th Street

Summary
Location and General Information
  • Elementary School District: Olean
  • High School District: Olean
  • Middle Or Junior School District: Olean
  • Village: Not Applicable
  • Human YN: No
Parking
  • Garage Spaces per Apt: .00
Taxes and HOA Information
  • Area NYSWIS Code: Olean-City-041200
  • Tax Annual Amount: $3,479.00
Property
Lot Information
  • Building Area Source: Public Records
  • Building Area Total: 2448.0
  • Land Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
  • Num Of Acres: 0.1469
  • Lot Size Area: 0.1469
  • Lot Size Square Feet: 6400.0
  • Lot Size Units: Acres
  • Parcel Number: 041200-094-064-0012-044-000-0000
  • Road Frontage: City Street
  • Lot Number: 44
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $62,000
  • Year Built: 1910
  • Year Built Description: Existing
Utilities
  • Electric Service: Circuit Breakers
  • Num Of Electric Meters: 2
  • Num Of Gas Meters: 2
  • Sewer Description: Connected
  • Utilities Available: High Speed Internet Available, Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Siding
  • Roof Description: Shingle
Interior Features
  • Appliances: Gas Water Heater
  • Basement Description: Full
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 5
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Hardwood, Varies, Vinyl
  • Heating: Gas, Forced Air, Hot Water
  • Heating YN: Yes
  • Interior Features: Natural Woodwork
  • Laundry Features: Washer Hookup
  • Levels: Two
  • Sq Ft Total: 2448.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Operating Expense Includes: Insurance, Professional Management, Water Sewer
  • Stories: 2
  • Stories Total: 2
Unit 1
  • Unit Type Actual Rent: $550.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: ,Dining Area With Living Room,Laundry-In Unit,Living Room
  • Unit Type Total Rent: $550.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 550
Unit 2
  • Unit Type Actual Rent: $900.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Features: ,Dining Area With Living Room,Laundry-In Unit,Porch
  • Unit Type Total Rent: $900.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 1
  • Unit Type Actual Rent Range: 900
Rental
Rental Information
  • Rent Includes: Water

Property History for 128 South 8th Street

DateEvent & SourcePriceAppreciation
Mar 13, 2026

Sold

WNYREIS #B1640549

$60,000
Mar 3, 2026

Sold (Public Record)

Public Record #1933624876

$60,000
Dec 27, 2025

Pending

WNYREIS #B1640549

DateEvent & SourcePrice
03/13/2026

Sold

WNYREIS #B1640549

$60,000
03/03/2026

Sold (Public Record)

Public Record #1933624876

$60,000
12/27/2025

Pending

WNYREIS #B1640549

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 128 South 8th Street

Taxable ValueLand$6,300Additions$55,700Total$62,000
Tax Record2025$2,379 ($198 / month)
Home Facts
Baths2Total Finished SqFt2,448 SqFtAbove Grade Finished SqFt2,448 SqFtStories2Lot Size6,400 SqFtStyleDuplexYear Built1910CountyCATTARAUGUSAPN041200 94.064-12-44

Schools near 128 South 8th Street

This home is within Olean City School District.
Rating
School
Type
Grades
Distance
Public - 3 to 8
Public - 8 to 12
Public - PK to 3
Public - PK to 3
Rating
School
Distance
Olean Middle School
Public3 to 8

Olean Senior High School
Public8 to 12

East View Elementary School
PublicPK to 3

Washington West Elementary School
PublicPK to 3

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX On Point

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.