1313 Reed St

Olean, NY 14760

$59,000
Price
4
Beds
1,666 Sq. Ft.
$35 / Sq. Ft.
1,666
Sq. Ft.
$35
per Sq. Ft.
Get preapproved with Rocket Mortgage1
New
New

Description

Opportunity awaits in the heart of Olean! This two-unit property is a solid option for those looking to add to their portfolio or start building rental income. Featuring separate gas, electric, and water utilities, the setup allows for added convenience and flexibility. This property offers a closed in backyard with parking options. The property is priced to reflect the work needed, offering the chance to improve and maximize its potential. With the right updates, this could become a strong income-producing...Opportunity awaits in the heart of Olean! This two-unit property is a solid option for those looking to add to their portfolio or start building rental income. Featuring separate gas, electric, and water utilities, the setup allows for added convenience and flexibility. This property offers a closed in backyard with parking options. The property is priced to reflect the work needed, offering the chance to improve and maximize its potential. With the right updates, this could become a strong income-producing asset. Conveniently located near local amenities, shopping, and dining, this property combines location, value, and opportunity—an ideal project for those ready to make it their own.
  1. Listed by Christine Calbi • EXP-Premier Listings Team
    P: (888)-276-0630 C: (716)-907-7205 cmcalbi@gmail.com
  2. Listed by Claudia Attard-Keary • EXP-Premier Listings Team
    P: (888)-276-0630 C: (716)-307-8894 claudia_attard@yahoo.com

Property Details for 1313 Reed Street

Styles Of Residence
Duplex
On Waterfront
No
Parking Description
One Space
Nearest Cross Street
N 13th Street
LISTING UPDATED: 04/20/2026 04:37 PM

Property Details for 1313 Reed Street

StatusActive
MLS #R1673225
Days on Market1
Taxes$2,441 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family / Residential
Year Built1892
Lot Size0.10 AC / 4,480 SF
CountyCattaraugus County
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Location

Listing Courtesy of EXP-Premier Listings Team
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Building Information for 1313 Reed Street

Stories2Residences2Year Built1892Building Size-Lot Size0.10 AC / 4,480 SF

Payment Calculator

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$501 per month

30 year fixed, 6.46% Interest

Principal and Interest

$297

Property Taxes

$203

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1313 Reed 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: Yes
Parking
  • Garage Spaces per Apt: .00
Taxes and HOA Information
  • Area NYSWIS Code: Olean-City-041200
  • Tax Annual Amount: $2,441.00
Property
Lot Information
  • Building Area Source: Public Records
  • Building Area Total: 1666.0
  • Land Features: Rectangular, Rectangular Lot, Residential Lot
  • Num Of Acres: 0.1028
  • Lot Size Area: 0.1028
  • Lot Size Square Feet: 4480.0
  • Lot Size Units: Acres
  • Parcel Number: 041200-094-056-0001-016-000-0000
  • Road Frontage: City Street
  • Lot Number: 16
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $43,500
  • Year Built: 1892
  • Year Built Description: Existing
Utilities
  • Num Of Electric Meters: 2
  • Num Of Gas Meters: 2
  • Sewer Description: Connected
  • Utilities Available: Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Other, See Remarks, Pre Cast Concrete
Interior Features
  • Appliances: Gas Water Heater
  • Basement Description: Full
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 4
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Hardwood, Laminate, Varies
  • Heating: Gas, Forced Air
  • Heating YN: Yes
  • Levels: Two
  • Sq Ft Total: 1666.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Operating Expense Includes: Maintenance, Utilities, Water Sewer
  • Stories: 2
  • Stories Total: 2
Unit 1
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: ,Other - See Remarks
  • Unit Type Total Rent: $.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 0
Unit 2
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: ,Other - See Remarks
  • Unit Type Total Rent: $.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 0
Rental
Rental Information
  • Rent Includes: Water

Property History for 1313 Reed Street

DateEvent & SourcePriceAppreciation
Apr 20, 2026

Listed (Active)

WNYREIS #R1673225

$59,000—
DateEvent & SourcePrice
04/20/2026

Listed (Active)

WNYREIS #R1673225

$59,000

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

Public Records for 1313 Reed Street

Taxable ValueLand$4,200Additions$39,300Total$43,500
Tax Record2024$2,430 ($202 / month)
Home Facts
Baths2Total Finished SqFt1,666 SqFtAbove Grade Finished SqFt1,666 SqFtStories2Lot Size4,480 SqFtStyleDuplexYear Built1892CountyCATTARAUGUSAPN041200 94.056-1-16

Schools near 1313 Reed Street

This home is within Olean City School District.
Rating
School
Type
Grades
Distance
Olean Middle School
Public - 3 to 8
Olean Senior High School
Public - 8 to 12
East View Elementary School
Public - PK to 3
Washington West Elementary School
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.

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More information about 1313 Reed Street, Olean, NY 14760

1313 Reed Street is a multi-family home for sale in Olean, NY 14760. This property was listed for sale on April 20, 2026 by EXP-Premier Listings Team, it's currently listed at $59,000. This listing's school district is Olean City School District. Nearby schools include Olean Middle School, Olean Senior High School and East View Elementary School. 1313 Reed Street is a 4-bed, 2-bath, 1,666 sqft multi-family home built in 1892.

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 EXP-Premier Listings Team

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.