2840-2850 Macduffy Road

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2850 McDuffy Road
2840 McDuffy Road
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2840 McDuffy Road
2840 McDuffy Road - Kitchen
2840 McDuffy Road - Dining Area
2840 McDuffy Road - Living Room
2840 McDuffy Road - Bathroom
2840 McDuffy Road - Bedroom
2840 McDuffy Road - Bedroom
2840 McDuffy Road - Bedroom
2840 McDuffy Road - Bedroom
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Active
$349,900
1 bed4,800 sqft
2840-2850 Macduffy Rd, Olean, NY 14760
Est: $2,799/moGet pre-approved
Multi FamilyProperty Type
3.73 acresLot Size
1970Year Built
$73/sq ftPrice per sq ft

Description

Positioned on 3.73 acres, 2840–2850 McDuffy Road presents a compelling opportunity to acquire a fully rented, professionally managed residential investment featuring an apartment complex and a single-family home. Generating more than $7,500 in monthly rental revenue, this turnkey operation reflects the owners’ substantial efforts to improve the property and establish a reputable apartment community. Management by On Point Property Management provides established operational support, while numerous...Positioned on 3.73 acres, 2840–2850 McDuffy Road presents a compelling opportunity to acquire a fully rented, professionally managed residential investment featuring an apartment complex and a single-family home. Generating more than $7,500 in monthly rental revenue, this turnkey operation reflects the owners’ substantial efforts to improve the property and establish a reputable apartment community. Management by On Point Property Management provides established operational support, while numerous capital improvements strengthen the property’s appeal. Updates include various remodeled studio units, all-new appliances in the studio units, a newer hot water system, a Health Department-approved water treatment system, and landlord-controlled thermostats. The single-family home and garage feature new roofs, and the apartment building’s roof is less than 10 years old. Common coin-operated laundry adds convenience for residents and an additional potential revenue source for ownership. With full occupancy, established rental income, and meaningful improvements already completed, this offering deserves serious consideration from investors seeking to expand their residential portfolio. Financial records are available upon request for review of income, expenses, and operating performance. The single-family home and apartment complex must be purchased together, providing one cohesive investment opportunity with established management and income in place. Current rents are as follows: Unit #1: $800/month. Unit #2: $700/month. Unit #3: $850/month. Unit #4: $700/month. Unit #5: $700/month. Unit #6: $800/month. Unit #7: $700/month. Unit #8: $600/month. Unit #9: $700/month. Single Family Home (2840 McDuffy Road): $1,000/month plus utilities. Taxes and assessed value include both properties.
Days on Market Listed Today
  • Listed by: Ciji L VanDyke 716.244.8924 ciji.vandyke@gmail.com • RE/MAX On Point
Last updated: 10/05/2026 10:56 AM • Source: New York State Alliance of MLSs (Buffalo), MLS#: B1719487

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Property Information for 2840-2850 Macduffy Road

Property Details
  • Taxes: $11,177 / year
  • MLS Type: Multi Family / Other
  • County: Cattaraugus County
  • Has Waterfront: No
Building Information
  • Stories: 1
  • Residences: 10
  • Year Built: 1970
  • Lot Size: 3.73 AC / 162,478 SF
Summary
Location and General Information
  • Cross Street: Route 16
  • Directions: Google Maps: 2850 Mc Duffy (Macduffy) Road, Olean, NY 14760
  • Latitude: 42.024027
  • Longitude: -78.451812
  • MLS Area Major: Olean- Town-046600
  • Has Senior Community: No
  • Township: Not Applicable
Taxes and HOA
  • Additional Parcels Description: 103.003-2-68.2
  • Parcel Number: 046600-103-003-0002-067-000-0000
  • Tax Annual Amount: $11,177.00
  • Tax Assessed Value: 183000
School Information
  • Elementary School District: Olean
  • High School District: Olean
  • Middle Or Junior School District: Olean
Parking
  • Garage Spaces: 0.0
  • Has Garage: No
  • Parking Features: One Space, Driveway, Garage, No Garage
Property
Lot Information
  • Lot Features: Rectangular, Rectangular Lot
  • Lot Size Acres: 3.73
  • Lot Size Area: 3.73
  • Lot Size Units: Acres
  • Road Frontage Type: Main Thoroughfare
Property and Assessments
  • Building Area Total: 4800.0
  • Living Area: 4800.0
  • Property Condition: Resale
  • Property Sub Type: Other
  • Property Sub Type Additional: Other
  • Property Type: Multi Family
  • Year Built: 1970
  • Year Built Details: Existing
Building Features
  • Construction Materials: Vinyl Siding
  • Levels: One
Utilities
  • Electric: Circuit Breakers
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Connected, High Speed Internet Available
  • Water Source: Well
Interior and Exterior Features
Interior Features
  • Appliances: Electric Oven, Electric Range, Gas Water Heater, Refrigerator
  • Basement: None
  • Has Basement: No
  • Bathrooms Total Integer: 0
  • Bedrooms Total: 1
  • Has Fireplace: No
  • Flooring: Carpet, Laminate, Varies, Vinyl
  • Heating: Gas, Baseboard, Forced Air, Hot Water
  • Has Heating: Yes
  • Laundry Features: Common Area
  • Main Level Bathrooms: 0
Exterior Features
  • Community Features: None
  • Exterior Features: Gravel Driveway
  • Roof: Metal
  • Stories: 1
  • Stories Total: 1
Multi Family
Multi Family Information
  • Number Of Units Total: 10
Income & Expenses
  • Operating Expense Includes: Professional Management, Snow Removal, Utilities, Water Sewer
Rental
Rent Information
  • Rent Includes: All Utilities, Electricity, Parking, Cable Tv, Water

Property History for 2840-2850 Macduffy Road

DateEvent & SourcePriceAppreciation
Oct 5, 2026

Listed (Active)

WNYREIS #B1719487

$349,900—
Oct 5, 2026

Listed (Active)

New York State Alliance of MLSs (Buffalo) #B1719487

$349,900—
DateEvent & SourcePrice
10/05/2026

Listed (Active)

WNYREIS #B1719487

$349,900
10/05/2026

Listed (Active)

New York State Alliance of MLSs (Buffalo) #B1719487

$349,900

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

Schools near 2840-2850 Macduffy Road

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
Washington West Elementary School
Public - PK to 3
East View Elementary School
Public - PK to 3
Rating
School
Distance
Olean Middle School
Public3 to 8

Olean Senior High School
Public8 to 12

Washington West Elementary School
PublicPK to 3

East View 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 2840-2850 Macduffy Road, Olean, NY 14760

2840-2850 Macduffy Road is a multi-family home for sale in Olean, NY 14760. This property was listed for sale on October 5, 2026 by RE/MAX On Point, it's currently listed at $349,900. This listing's school district is Olean City School District. Nearby schools include Olean Middle School, Olean Senior High School and Washington West Elementary School. 2840-2850 Macduffy Road is a 1-bed, 0-bath, 4,800 sqft multi-family home built in 1970.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX On Point

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the New York State Alliance MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Compass and its related brokerages, are indicated by detailed information about them such as the name of the listing firms. 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 Compass and its related brokerages shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright ©2026 New York State Alliance and participating MLS's - CNYIS, UNYREIS and WNYREIS. All Rights Reserved.