Olean Real Estate

Olean Real Estate

Welcome to Olean, New York—a charming city nestled in the heart of Cattaraugus County, where small-town warmth meets vibrant community spirit. With a rich history dating back to the mid-19th century, Olean has blossomed into a thriving hub for both residents and visitors alike.

Situated along the banks of the Allegheny River, Olean is surrounded by stunning natural beauty, making it an ideal location for outdoor enthusiasts. The nearby Allegany State Park offers a plethora of activities, from hiking and biking to fishing and camping, allowing residents to embrace the great outdoors year-round.

Olean’s downtown area is a delightful blend of historic architecture and modern amenities, featuring a variety of local shops, restaurants, and cultural attractions. Stroll along the picturesque streets and discover unique boutiques, cozy cafes, and the warm hospitality of local businesses. The city also boasts a vibrant arts scene, with galleries and theaters that host events and performances throughout the year.

Education is a cornerstone of the Olean community, with access to quality schools and higher education institutions, ensuring that families have ample opportunities for learning and growth. The city is also known for its strong sense of community, where neighbors come together for various events, festivals, and activities that foster connection and camaraderie.

Whether you’re seeking a place to call home or simply looking to explore, Olean, NY, offers a perfect blend of charm, convenience, and community spirit. Come experience the warmth of Olean and discover why so many have chosen to make this delightful city their home!

Newest Listings in Olean

2 Beds ⋅ 1 Baths ⋅ B1713719 MLS

Sold as is Cash only. A good fit for investors or a starter home for someone with contracting skills

730 Bishop Street, Olean

3 Beds ⋅ 2 Baths ⋅ R1711806 MLS

Located in the City of Olean, this multi-unit duplex features off-street parking and two currently vacant apartments, giving the new owner flexibility when selecting tenants. Interior will be in need of some repair. The roof was replaced in 2021 by the previous owner. The lower unit offers 2 bedrooms, a double living room area, a small kitchen, and a bathroom located toward the back of the unit. The upper unit includes 1 bedroom, 1 bathroom, a living room, and a small kitchen. Centrally located with convenient access to local amenities, this property offers a practical option for rental use or owner occupancy.

813 W Sullivan Street, Olean

2 Beds ⋅ 2 Baths ⋅ B1697588 MLS

OUTDOORSMAN WELCOME TO THIS TWO STORY CHARMING CHALET PERCHED ON A HILLTOP 1309 SQ. FEET WITH 51.9 COMPLETELY WOODED ACRES WITH SPRAWLING LOWER DECK, SOUTH WESTERLY VIEWS, COVERED UPPER DECK, SWIMMING POOL, KNOTTY PINE INTERIOR, TWO STORY 34X28 BARN/GARAGE/WORKSHOP, SHED, FREE GAS, AND THE VIEWS YOU NEED RIGHT NOW, TOWN OF OLEAN, CLOSE TO THE CITY LINE...Only two owners, this property is currently a part-time residence, gently used, like new and beautiful inside. Well thought out and planned for comfort on both levels. Everyone from all ages and family pets will just love it here! From the driveway enter onto a decked tiered walkway. Entryway laundry with cabinets and storage closet, beautiful bright kitchen with oak cabinetry, higher cabinets and built-in pantry drawers for all of your storage needs, tile countertops-well done, your family or guests can join you at the built-in bar. All the views you are looking for out every window. Vaulted ceilings throughout make these space feel grand. Living room and dining room to front deck with 2 sets of sliding glass doors with the best breezes and views. First floor bedroom with large closet connects to full bath with tub. First floor living space is open to the lower level with beautiful pine stairs and wrought iron railing. Open the french doors to lower well-maintained sprawling deck, and heated swimming pool. Split the basement space for family room/gym/office or make it a gathering space for everyone with comfortable furnishings. Corner woodstove will keep your basement and upper level comfortable. The basement bedroom/guest bedroom has large closet and ensuite bath with stand up shower/storage. Ultility room is fully equipped with mechanicals for the home with added storage/shelving and freezer space. Maintain your driveway and live here year around or enjoy for three seasons like the current owners do. It will be difficult to say good bye but it is time for new owners to reap the enjoyment and rewards this property has to offer. And did I mention the view? All wheel drive better, 4 wheel drive best. Please no drive-bys. Preapproved buyers only please. This is a must see!!

2982 Buffalo Street Ext., Olean

4 Beds ⋅ 2 Baths ⋅ R1711892 MLS

Spacious 4-bed, 1-bath home located in the City of Olean offering a functional layout and several recent improvements. Updates include 220-amp electrical service, a new back/side porch added in 2025, and a new hot water tank in 2024. The first floor features a good-sized kitchen with tongue-and-groove-style cabinetry, dining room, and a first-floor bedroom that was redone in 2025. Laundry is conveniently located off the kitchen in a space that also serves as a quarter bath. Upstairs you’ll find three additional bedrooms and a full bathroom recently updated in 2026 that just needs paint to complete the space. One bedroom includes an additional room that could make a great walk-in closet, home office, or bonus space. Outside features include a 1-car garage and partially fenced yard. The garage has electrical service in place that just needs to be connected to the main breaker. The front porch is still functional but is in need of repair. The home would benefit from some cosmetic updating throughout, primarily fresh paint, giving the next owner an opportunity to add their own finishing touches. With several important updates already completed and plenty of space to work with, this property has great potential!

427 N 9th Street, Olean

2 Beds ⋅ 1 Baths ⋅ R1711943 MLS

Welcome to this charming ranch-style home situated on over half an acre in the Town of Olean! Offering the ease and convenience of one-floor living, this home features 2 bedrooms, 1 full bathroom, a spacious living room, dedicated dining room, and first-floor laundry. The functional layout provides comfortable living space throughout, with the living room offering a welcoming place to relax and the dining room providing plenty of room for everyday meals or entertaining. Both bedrooms, the full bathroom, and laundry are conveniently located on the main level, making day-to-day living simple and efficient. The full basement offers an abundance of additional space for storage, a workshop, hobbies, or the potential for additional usable space. Outside, the property sits on over half an acre, providing a spacious yard with plenty of room to enjoy. A back patio creates a great spot for grilling, outdoor dining, entertaining, or simply relaxing and enjoying the surroundings. Completing the property is a detached 2-car garage with plenty of room for vehicles, lawn equipment, tools, and additional storage. With its convenient ranch-style layout, first-floor laundry, full basement, generous yard, back patio, and detached garage, this Town of Olean home has plenty to offer its next owner!

1297 Kamery Road, Olean

4 Beds ⋅ 2 Baths ⋅ R1711120 MLS

Great opportunity to add a move-in-ready duplex to your investment portfolio! Recently updated throughout, this property features all-new flooring and offers two separate units, each with its own private covered porch. Both units are currently vacant, giving the new owner a rare opportunity to start fresh—select your own tenants, set your own rental terms, or take advantage of the flexibility to live in one unit while renting the other. With the updates already completed and no existing leases to inherit, this property is ready for its next chapter. Whether you're looking to expand your rental portfolio or get started with owner-occupied investment property, this Olean duplex offers versatility, convenience, and excellent potential. Don't miss the opportunity to make it yours!

306 Wayne Street, Olean

2 Beds ⋅ 2 Baths ⋅ R1711279 MLS

Looking for a home that's easy to maintain without sacrificing everyday living space? This 939-square-foot home offers 2 bedrooms, 1.5 baths and a surprisingly functional floor plan. The main level features living room, open kitchen and dining area with breakfast bar, half bath, and the convenience of first-floor laundry. Upstairs you'll find both bedrooms and a full bath. Updated flooring throughout much of the home gives the interior a clean, cohesive look. A covered front porch provides a nice spot to sit and relax, while the small lot keeps exterior maintenance to a minimum.

1213 Washington Street, Olean

3 Beds ⋅ 2 Baths ⋅ B1710753 MLS

Welcome home to this beautifully updated 3-bedroom house that blends classic character with extensive modern improvements. Step inside and you’ll immediately notice the gorgeous original woodwork complemented by newer flooring, updated lighting, and fresh finishes throughout. The completely renovated kitchen is a standout, featuring high-end fixtures, solid-surface countertops, soft-close cabinetry hardware, and a polished, modern look designed for everyday living and entertaining. Upstairs, the full bathroom was completely gutted and rebuilt with stylish finishes and the added comfort of a heated floor. The main level features high-end luxury vinyl plank flooring and was professionally painted throughout prior to the current owners moving in. Additional improvements include updated light fixtures throughout the home, a new hot water heater, and an exterior that was freshly painted just last year. The home also features 22 vinyl double-hung windows, helping bring in plenty of natural light. Need extra space? The finished third-floor bonus room has been painted and carpeted, including the staircase, creating an excellent option for a home office, playroom, hobby space, guest area, or private retreat. Additional conveniences include first-floor laundry off the kitchen and a bonus room/family room situated between the living and dining rooms. Outside, enjoy a fenced backyard with a deck and stamped patio—perfect for relaxing, entertaining, pets, or summer gatherings. A garage with an automatic opener adds even more convenience. With substantial renovations already completed and plenty of versatile living space, this property offers the character of an established Olean home with many of the updates today’s buyers are looking for!

504 W Henley Street, Olean

4 Beds ⋅ 2 Baths ⋅ R1710913 MLS

A DUPLEX THAT HAS BEEN LOOKED AFTER There is a difference between a rental property that has been owned and one that has been cared for. This one reads immediately as the second kind. THE UNITS Both apartments offer two bedrooms and a full bath, and each carries a bonus — an extra room beyond the standard layout that works as a dining room, a home office, or simply additional living space. That flexibility is quietly valuable in a rental: it widens the pool of people the unit suits and it supports a stronger rent. The downstairs unit adds private outdoor space of its own, with a back deck and a small front porch. THE GARAGE A spacious two-car garage sits on the property. In a market where covered parking is scarce, this is not a footnote — it is a feature tenants stay for, and it gives the property something most comparable rentals simply cannot offer. THE OPERATING PICTURE Both units are occupied under long-term tenancies, so the property produces from closing rather than after a lease-up. Tenants currently handle lawn maintenance and snow removal, which keeps the owner's seasonal workload and outside vendor costs down. Laundry for both apartments is located in the basement. DISCLOSED PLAINLY: electrical service throughout the building is a mix of fuses and circuit breakers. It is noted here so buyers can price it accurately and address it with their lender and insurer up front. AVAILABLE AS A PACKAGE This duplex may be purchased together with a nearby three-unit property held by the same owner — a combined five units in a single transaction, with one seller and one closing timeline. Each property is a one- to four-unit residential building and can also be purchased individually. Buyers should confirm financing structure with their own lender. For an investor building a footprint in Olean, acquiring two well-maintained, fully occupied buildings at once is a considerably faster path than assembling them one at a time.

815 Washington Street, Olean

6 Beds ⋅ 3 Baths ⋅ R1710917 MLS

THREE UNITS, THREE LONG-TERM TENANCIES, AND WOODWORK YOU HAVE TO SEE Some multi-family properties are bought for the spreadsheet alone. This one gives you both — a solid set of numbers and a building people actually want to live in. THE CONDITION The property presents as well maintained throughout — looked after rather than merely occupied. All three units are in solid rentable condition today, with incredible woodwork throughout. WHAT HAS ALREADY BEEN DONE NEW SEWER LINE FROM THE STREET. If you have owned rental property in an older neighborhood, you know exactly what this is worth. It is among the most expensive and disruptive repairs a building of this era can face, and it is done. UPDATED ELECTRICAL PANELS. UTILITIES LARGELY SEPARATED by unit, keeping operating costs predictable and accountability clear. THE LAYOUT Three units, six bedrooms, and three baths in total. Each unit has its own porch—private outdoor space for each tenancy—and the upstairs unit has two. The front lower unit has its own laundry. The upper and rear units share a laundry area in the basement. THE INCOME PICTURE All three units are occupied under long-term tenancies, so the property produces income from day one rather than after a lease-up period. Current rents sit below market. That is deliberate, not an oversight: the income has room to move for a buyer who wants it, and the in-place figures are conservative rather than stretched. PLEASE NOTE, in the interest of a clean transaction: there is no off-street parking, and the owner currently pays electric and water for the lower front and rear units. AVAILABLE AS A PACKAGE These three units may be purchased together with a nearby duplex held by the same owner — a combined five units in a single transaction, with one seller and one closing timeline. Each property is a one- to four-unit residential building and can also be purchased individually. Buyers should confirm financing structure with their own lender.

947 N Union Street, Olean

3 Beds ⋅ 2 Baths ⋅ R1710331 MLS

Welcome home to this inviting 3-bedroom, 1.5-bath split-level home offering plenty of natural light, generous living spaces, and tons of storage throughout. The spacious living room features a cozy gas fireplace and flows nicely into the generously sized dining room, creating a comfortable space for everyday living and entertaining. The kitchen offers an abundance of cabinetry and plenty of prep space for those who love to cook. All three bedrooms are nicely sized, complemented by a full bath with convenient access to the main living areas. Step down from the kitchen to the next level, where you'll find a convenient wash room with a door leading directly to the patio. Enjoy your morning coffee, curl up with a good book, or simply relax in this private outdoor space. A one-car garage provides additional convenience, and just beyond the garage is a pleasant sunroom with access to the driveway—an ideal spot to enjoy the changing seasons. Basement host a nice recreation/family room with a wet bar. Laundry room. New roof. Located close to downtown and all its amenities, this home offers comfortable living with plenty of space, storage, and versatility.

600 W Henley Street, Olean

4 Beds ⋅ 2 Baths ⋅ R1710003 MLS

Charming curb appeal meets timeless character in this spacious 4-bedroom home, perfectly positioned with a welcoming front porch overlooking scenic Oak Hill Park, giving you a front-row seat to green space and neighborhood charm. Step inside through a warm, wood-accented foyer that sets the tone for what’s ahead. Gleaming hardwood floors and abundant original woodwork flow throughout much of the first floor, showcasing craftsmanship and warmth that are hard to find today. Cozy up by the gas fireplace, framed by beautifully preserved vintage tile that adds to the home’s distinctive character. The upgraded kitchen features Italian marble flooring, Magma Gold granite countertops, a floor-heating fan, a touch-control sink faucet, a premium Thermador stove, a gourmet range hood, a stainless-steel LG refrigerator, and a spacious kitchen island with a second sink. With four generously sized bedrooms and 1.5 baths, there’s plenty of room to spread out. Step outside onto the large back deck, ideal for entertaining or enjoying quiet evenings, overlooking a fully fenced yard with upgraded landscaping, perfect for pets, play, or gardening. Additional highlights include a one-car attached garage and a brand-new metal roof, providing added durability and peace of mind for years to come. This special home brings together timeless character, thoughtful upgrades, comfortable living spaces, and an exceptional location overlooking Oak Hill Park.

119 N 4th Street, Olean

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