1507 W State St

Olean, NY 14760

$179,000
Price
4
Beds
2,587 Sq. Ft.
$69 / Sq. Ft.
2,587
Sq. Ft.
$69
per Sq. Ft.
Pending
Pending
Exterior front
Exterior street view
Exterior front
Side view
Street scene
Street scene
Street scene
APT 1 KITCHEN
APT 1 LIVING ROOM
APT 1 BEDROOM
APT 1 DESK AREA
APT 1 BATHROOM
APT 1 SHOWER
APT 1 LAUNDRY
APT 2 KITCHEN
APT 2 KITCHEN
APT 2 LIVING ROOM
APT 2 LIVING ROOM
APT 2 DINING ROOM
APT 2 BEDROOM 1
APT 2 BEDROOM 2
APT 2 BONUS ROOM
APT 2 BATHROOM
APT 2 LIVING AREA
APT 2 LAUNDRY
APRT 2 LAUNDRY
APT 3 KITCHEN
APT 3
APT 3 BATHROOM
APT 3 LIVING ROOM
APT 3 KITCHEN AREA
APT 3 BEDROOM
APT 3 GENERAL LIVING AREA

Description

Well maintained 3 unit multi family apartment centrally located in Olean. 2 lower aprtments are 1 bedroom, 1 bathroom and are always filled. The upper apartment has 2 bedrooms , 1 bathroom and 1 office which could be used as a 3rd bedroom. This apartment building has hardwood floors throughout, High ceilings, newer electric. Washer and dryer for each apartment. The apartment is located on a double lot with 2 long standing commercial businesses on each side. Very valuable Real Estate. The lot is big...Well maintained 3 unit multi family apartment centrally located in Olean. 2 lower aprtments are 1 bedroom, 1 bathroom and are always filled. The upper apartment has 2 bedrooms , 1 bathroom and 1 office which could be used as a 3rd bedroom. This apartment building has hardwood floors throughout, High ceilings, newer electric. Washer and dryer for each apartment. The apartment is located on a double lot with 2 long standing commercial businesses on each side. Very valuable Real Estate. The lot is big enough to add a 3rd or 4th unit. This apartment building turn key and an instant money maker. The reason the owner is selling is his advanced age.
  1. Listed by James Dwaileebe • 3D Real Estate LLC
    P: (716)-307-2300 C: (716)-307-2300 jamesdwaileebe@gmail.com

Property Details for 1507 West State Street

Styles Of Residence
Triplex
On Waterfront
No
Parking Description
Parking Available
Nearest Cross Street
14th st
LISTING UPDATED: 11/12/2025 03:16 PM

Property Details for 1507 West State Street

StatusPending
MLS #B1649894
Days on Market4
Taxes$3,058 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Residential
Year Built1910
Lot Size0.30 AC / 13,128 SF
CountyCattaraugus County

Location

Listing Courtesy of 3D Real Estate LLC
Add your commute

Building Information for 1507 West State Street

Stories2Residences3Year Built1910Building Size-Lot Size0.30 AC / 13,128 SF

Payment Calculator

$1,139 per month

30 year fixed, 6.28% Interest

Principal and Interest

$885

Property Taxes

$255

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1507 West State 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: $3,058.00
Property
Lot Information
  • Building Area Total: 2587.0
  • Land Features: Corner Lot, Rectangular, Rectangular Lot
  • Num Of Acres: 0.1969
  • Lot Size Area: 0.1969
  • Lot Size Square Feet: 13128.0
  • Lot Size Units: Acres
  • Parcel Number: 041200-094-063-0006-019-000-0000
  • Road Frontage: Main Thoroughfare
  • Lot Number: 19
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $54,500
  • Year Built: 1910
  • Year Built Description: Existing
  • Zoning Description: Residential Multi Use
Utilities
  • Num Of Electric Meters: 3
  • Num Of Gas Meters: 3
  • Sewer Description: Connected
  • Utilities Available: Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Aluminum Siding, Shake Siding
  • Foundation Description: Poured
  • Roof Description: Asphalt
Interior Features
  • Appliances: Gas Water Heater
  • Basement Description: Partial
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 4
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Carpet, Hardwood, Varies
  • Heating: Gas, Forced Air, Wall Furnace
  • Heating YN: Yes
  • Levels: Two
  • Sq Ft Total: 2587.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Operating Expense Includes: Maintenance Structure, Maintenance
  • Stories: 2
  • Stories Total: 2
Unit 1
  • Unit Type Actual Rent: $500.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: ,Den/Family Room,Dining Area With Kitchen,Dining Area With Living Room,Formal Dining Room
  • Unit Type Total Rent: $500.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 500
Unit 2
  • Unit Type Actual Rent: $700.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Features: ,Dining Area With Kitchen,Eat-In Kitchen,Laundry-In Unit,Living Room
  • Unit Type Total Rent: $700.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 700
Unit 3
  • Unit Type Actual Rent: $700.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Features: Dryer,Oven/ Range,Refrigerator,Washer,Eat-In Kitchen,Laundry-In Unit,Living Room
  • Unit Type Total Rent: $700.00
  • Unit Type Month To Month YN: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 700
Rental
Rental Information
  • Tenant Pays: All Utilities

Property History for 1507 West State Street

DateEvent & SourcePriceAppreciation
Nov 12, 2025

Pending

WNYREIS #B1649894

—
Nov 8, 2025

Listed (Active)

WNYREIS #B1649894

$179,000—
May 3, 2004

Sold (Public Record)

Public Record #426648675

$55,000—
DateEvent & SourcePrice
11/12/2025

Pending

WNYREIS #B1649894

—
11/08/2025

Listed (Active)

WNYREIS #B1649894

$179,000
05/03/2004

Sold (Public Record)

Public Record #426648675

$55,000

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

Public Records for 1507 West State Street

Taxable ValueLand$5,000Additions$49,500Total$54,500
Tax Record2024$2,058 ($171 / month)
Home Facts
Baths3Total Finished SqFt2,587 SqFtAbove Grade Finished SqFt2,587 SqFtStories2Lot Size8,576 SqFtStyleTriplexYear Built1910CountyCATTARAUGUSAPN041200 94.063-6-19

Schools near 1507 West State Street

This home is within Olean City School District.
Rating
School
Type
Grades
Distance
Olean Middle School
Public - 2 to 10
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
Public2 to 10

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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Listing Courtesy of 3D Real Estate LLC

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.