Off market jan 2023 for $77K

$128,890

Est. refi paymentEst. refi $516/mo

•

2,232

sq ft

1097 Promised Land Rd, Olean, NY 14760

About this home

INCOME OPPORTUNITY AT GREAT PRICE! See this multifamily 2 unit located in a desirable area in the Portville School District. Separate utilities paid by tenants, separate entrances each with covered porches, long driveway for plenty of parking. Nice country-like setting. Furnaces for both units less than 2 yrs old, hot water tanks less than 7, appliances stay including separate washers and dryers for tenants. This one is a money maker, it won't last long!

Multi-familyProperty Type

1900Year Built

1.1 acresLot Size

$58Est. Price/Sq.Ft.

2 spacesParking

Listing by Sarah Hallberg • Keller Williams Realty

•716-324-2300 (broker)

•klrw1011@kw.com (broker)

Contact: 716-499-1387

Bought with John Dwaileebe • Howard Hanna Professionals - Olean

•716-372-1155 (broker)

•professionals-olean@howardhanna.com (broker)

Redfin checked: a minute ago

•Source:UNYREIS #R1422255

Redfin Estimate

$128,890

$51K since sold in January 2023$6,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 12.1% lower than the average sale price ($147K) of 6 comparable homes.

SOLD AUG 5, 2026
$75,000
A
4 beds2 baths1,896 sq ft
1048 Olean Portville Rd, Olean, NY 14760
Listing by ERA Team VP-Olean
SOLD AUG 7, 2026
$112,000
B
3 beds2 baths1,844 sq ft
83 Brooklyn St, Portville, NY 14770
Listing by Real Estate Pros & More
SOLD JAN 20, 2026
$142,000
C
4 beds2 baths2,319 sq ft
43 Maple St, Portville, NY 14770
Listing by ERA Team VP-Olean
SOLD SEP 17, 2026
$325,000
D
3 beds2.5 baths2,488 sq ft
1703 Haskell Pkwy, Olean, NY 14760
Listing by EXP-Premier Listings Team
SOLD MAR 27, 2026
$70,000
E
5 beds2 baths2,412 sq ft
31 Temple St, Portville, NY 14770
Listing by ERA Team VP Real Estate
SOLD AUG 26, 2026
$156,000
F
3 beds2 baths1,278 sq ft
1827 Dugan Rd, Olean, NY 14760
Listing by Howard Hanna Professionals - Olean

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Earn from this home

Refinance

Est. cash available

Get cash now or lower your monthly rate

Market trends in 14760, NY

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

95.2%

+1.2% MoM

Median sale price

$146K

$6K MoM

Avg. days on market

23d

3 days MoM

Recently sold homes

13 MoM

New listings for sale

$99,900
3 beds2.5 baths1,540 sq ft
203 Irving St, Olean, NY 14760
Listing by EXP-Premier Listings Team, (888) 276-0630
$89,900
3 beds1 bath1,546 sq ft
333 N 5th St, Olean, NY 14760
Listing by EXP-Premier Listings Team, (888) 276-0630
$127,500
3 beds1 bath1,127 sq ft
413 4th Ave Ave, Olean, NY 14760
Listing by HUNT Real Estate ERA, (716) 633-0300
$299,900
3 beds2.5 baths1,716 sq ft
1450 Indiana Ave, Olean, NY 14760
Listing by Howard Hanna Professionals - Olean, (716) 372-1155
$179,900
3 beds1.5 baths1,729 sq ft
125 S 9th St, Olean, NY 14760
Listing by Howard Hanna Professionals - Olean, (716) 372-1155
$119,000
4 beds1 bath1,870 sq ft
713 Irving St, Olean, NY 14760
Listing by Howard Hanna Professionals - Olean, (716) 372-1155
$179,900
4 beds3 baths2,513 sq ft
330 Laurel Ave, Olean, NY 14760
Listing by Howard Hanna Professionals - Olean, (716) 372-1155
$429,000
3 beds2 baths1,648 sq ft
1999 Dugan Rd, Olean, NY 14760
Listing by Southern Tier Realty Co. Inc., (716) 372-3141
$239,000
4 beds2.5 baths1,768 sq ft
417 York St, Olean, NY 14760
Listing by Howard Hanna Professionals - Olean, (716) 372-1155
$349,900
1 bed— baths4,800 sq ft
2840-2850 Mcduffy Rd, Olean, NY 14760
Listing by RE/MAX On Point, (716) 373-7325
See all

Provided by Redfin

Sale history for 1097 Promised Land Rd

Year

Property tax

Land + Additions

Assessment*

2026

$2,992

$10,300 + $58,200

$68,500

2025

$2,992 (+2.9%)

$10,300 + $58,200

$68,500

2024

$2,907 (+1.8%)

$10,300 + $58,200

$68,500

2023

$2,856 (+3.9%)

$10,300 + $58,200

$68,500

2022

$2,749 (−2.1%)

$10,300 + $58,200

$68,500

2021

$2,807 (−1.4%)

$10,300 + $58,200

$68,500

2020

$2,846 (+2.3%)

$10,300 + $58,200

$68,500

2019

$2,781 (−2.6%)

$10,300 + $58,200

$68,500

2018

$2,854 (−37.8%)

$10,300 + $58,200

$68,500

2017

$4,588 (+67.4%)

$10,300 + $58,200

$68,500

2016

$2,741 (+3.2%)

$10,300 + $58,200

$68,500

2015

$2,655 (−1.8%)

$10,300 + $58,200

$68,500

2014

$2,704

$10,300 + $58,200

$68,500

Tax history for 1097 Promised Land Rd

Year

Property tax

Land + Additions

Assessment*

2026

$2,992

$10,300 + $58,200

$68,500

2025

$2,992 (+2.9%)

$10,300 + $58,200

$68,500

2024

$2,907 (+1.8%)

$10,300 + $58,200

$68,500

2023

$2,856 (+3.9%)

$10,300 + $58,200

$68,500

2022

$2,749 (−2.1%)

$10,300 + $58,200

$68,500

2021

$2,807 (−1.4%)

$10,300 + $58,200

$68,500

2020

$2,846 (+2.3%)

$10,300 + $58,200

$68,500

2019

$2,781 (−2.6%)

$10,300 + $58,200

$68,500

2018

$2,854 (−37.8%)

$10,300 + $58,200

$68,500

2017

$4,588 (+67.4%)

$10,300 + $58,200

$68,500

2016

$2,741 (+3.2%)

$10,300 + $58,200

$68,500

2015

$2,655 (−1.8%)

$10,300 + $58,200

$68,500

2014

$2,704

$10,300 + $58,200

$68,500

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

1.1 Acres

Year renovated

—

Sq. Ft.

2,232

Year built

1900

Style

Multi-Family (2-4 Unit)

County

Cattaraugus County

APN

047489A10400100020130000000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 11, 2026.

Property details

Parking

Parking
Features: Gravel, Two Or More Spaces

Interior

Room Information
Has Basement
Basement Information: Full, Walk-Out Access

Laundry Information
Features: Washer Hookup

Equipment
Appliances: Gas Water Heater

Interior Features
Window Features: Drapes
Flooring: Carpet, Hardwood, Varies, Vinyl
Other Features: Ceiling Fan(s), Natural Woodwork, Window Treatments

Multi Unit Information
# Of Units Total: 2
# Of Units In Community: 2
# Of Separate Gas Meters: 2
# Of Separate Electric Meters: 2

Multi Unit Financial Information
Gross Income: $16,200
Operating Expense Includes: Insurance, See Remarks
Operating Expense: $2,800

Unit Type 1
Unit Description: Dryer,Oven/ Range,Refrigerator,Washer,Eat-In Kitchen,Living Room,Porch
# of Bedrooms: 2
# of Bathrooms Total: 1
# of Full Bathrooms: 1
Total Rent: $650
Actual Rent: $650
Actual Rent Range: 650
Unit is Month-to-Month

Unit Type 2
Unit Description: Dryer,Oven/ Range,Refrigerator,Washer,Eat-In Kitchen,Living Room,Porch
# of Bedrooms: 2
# of Bathrooms Total: 1
# of Full Bathrooms: 1
Total Rent: $700
Actual Rent: $700
Actual Rent Range: 700

Exterior

Building Information
Stories: 2
Stories (Total): 2
Year Built Details: Existing
Roof Details: Asphalt
Construction Details: Aluminum Siding, Frame, Steel Siding, PEX Plumbing

Lot Information
Lot Size Area: 1.1
Lot Size Acres: 1.1
Lot Size Dimensions: 343X322
Lot Features: Irregular Lot, Rural Lot
Zoning Description: Residential 2 Unit

Property Information
Foundation Details: Stone
Resale

Financial

Assessments and Fees
Assessed Value: $68,500
Other Annual Assessment Amount: $136

Tax Information
Annual Tax Amount: $2,808

Rental Information
Tenant Pays: All Utilities

Utilities

Utility Information
Sewer: Septic Tank
Water Source: Well

Heating & Cooling
Has Heating
Heating: Gas, Forced Air

Public facts

Beds: 4
Baths: 2.0
Sq. Ft.: 2,232
Stories: 2.0
Lot Size: 1.1 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1900
Year Renovated: —
County: Cattaraugus County
APN: 047489A10400100020130000000

Home facts updated by county records on Sep 11, 2026

Around this home

Schools

Portville Elementary School

Public PreK-6 • Assigned • 2.6mi

8/10

Portville Junior Senior High School

Public 7-12 • Assigned • 2.6mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 90° expected this year, 17 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Olean, NY • 14760

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.1 hours in June and 2.3 hours in December, placing it below the U.S. average for solar exposure.

9.1 hrs

2.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$123,000 – $149,000

Sell confidently with a local market expert in Olean. 3 minutes to get started.

Nearby similar homes

$1,500,000

4 beds3 baths20,876 sq ft

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7 beds4 baths2,856 sq ft

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New listings for sale in 14760

$99,900

3 beds2.5 baths1,540 sq ft

203 Irving St, Olean, NY 14760

Listing by EXP-Premier Listings Team, (888) 276-0630

$89,900

3 beds1 bath1,546 sq ft

333 N 5th St, Olean, NY 14760

Listing by EXP-Premier Listings Team, (888) 276-0630

$127,500

3 beds1 bath1,127 sq ft

413 4th Ave Ave, Olean, NY 14760

Listing by HUNT Real Estate ERA, (716) 633-0300

$299,900

3 beds2.5 baths1,716 sq ft

1450 Indiana Ave, Olean, NY 14760

Listing by Howard Hanna Professionals - Olean, (716) 372-1155

$179,900

3 beds1.5 baths1,729 sq ft

125 S 9th St, Olean, NY 14760

Listing by Howard Hanna Professionals - Olean, (716) 372-1155

$119,000

4 beds1 bath1,870 sq ft

713 Irving St, Olean, NY 14760

Listing by Howard Hanna Professionals - Olean, (716) 372-1155

$179,900

4 beds3 baths2,513 sq ft

330 Laurel Ave, Olean, NY 14760

Listing by Howard Hanna Professionals - Olean, (716) 372-1155

$429,000

3 beds2 baths1,648 sq ft

1999 Dugan Rd, Olean, NY 14760

Listing by Southern Tier Realty Co. Inc., (716) 372-3141

$239,000

4 beds2.5 baths1,768 sq ft

417 York St, Olean, NY 14760

Listing by Howard Hanna Professionals - Olean, (716) 372-1155

Home values near 1097 Promised Land Rd

Data from public records.

Address	Redfin Estimate
1131 Promised Land Road, Olean, NY 3 Beds \| 1.5 Baths \| 1248 Sq. Ft.	$196,132
1089 Promised Land Road, Olean, NY 2 Beds \| 1 Baths \| 980 Sq. Ft.	$54,520

Address	Redfin Estimate
1139 Promised Land Road, Olean, NY 3 Beds \| 1.5 Baths \| 1324 Sq. Ft.	$164,084
1075 Promised Land Road, Olean, NY 4 Beds \| 1 Baths \| 1584 Sq. Ft.	$169,080

Address	Redfin Estimate
1087 Promised Land Road, Olean, NY 3 Beds \| 1 Baths \| 1064 Sq. Ft.	$161,220
1081 Promised Land Road, Olean, NY 4 Beds \| 1 Baths \| 1068 Sq. Ft.	$146,559

Property information provided by UNYREIS when last listed in 2022. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 14760, NY

Sale history for 1097 Promised Land Rd

Tax history for 1097 Promised Land Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 14760

Home values near 1097 Promised Land Rd

More real estate resources