Stunning c. 1930 New York Home Loaded With Character Under $180K

OHU50K Notes $179,900

Stunning c. 1930 New York Home Loaded With Character. What a beautiful home with strong bones and timeless charm.

Yard featured at 115 N 10th St, Olean, NY, 14760

Realtor Comments

Welcome to this spacious 4-bedroom, 1.5-bath home in Olean, offering a great combination of classic character, functional living space, and plenty of potential. A covered front porch provides a welcoming entrance and leads into the foyer, where you’ll immediately notice the natural woodwork and traditional details found throughout the home. From the foyer, step into the spacious living room featuring hardwood floors and beautiful pocket doors that open into the formal dining room, creating a comfortable flow between the main living spaces while still allowing each room to have its own distinct feel. The dining room offers plenty of space for gatherings and leads into the kitchen located at the back of the home. Overlooking the backyard, the kitchen keeps you connected to the outdoor space and provides convenient access to the rear of the property. A half bathroom on the first floor adds everyday convenience. Throughout the home, you’ll find a combination of hardwood and vinyl flooring that complements the home’s traditional layout and character. Upstairs, the second floor offers four bedrooms along with a full bathroom, providing plenty of room for a variety of living arrangements. One of the home’s additional highlights is the walk-up attic, offering an abundance of storage space with the potential to be finished in the future for even more usable space. A full unfinished basement provides additional storage, utility space, and room for your future plans. Outside, the backyard offers space to relax, entertain, or enjoy time outdoors, with a back patio providing a great spot for outdoor seating or grilling. A detached two-car garage provides convenient off-street parking along with additional storage. Adding even more value and peace of mind, the home features a brand-new roof. With four bedrooms, generous living areas, original natural woodwork, pocket doors, a walk-up attic, full basement, two-car garage, and plenty of character throughout, this Olean home has a lot to offer its next owner. Delayed negotiations until Monday, August 17, 2026 at 5:00 PM.

4 beds
1.5 baths
1,654 sqft
6,900 sqft lot
Build date 1930

If interested in a property, pleases contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.

115 N 10th St, Olean, NY 14760 $179,900

Contact Realtor: Regis Handley
Google Map
Niche

Pros of Olean

Very affordable housing. The Census puts the 2020–24 median owner-occupied home value at just $86,100, and median gross rent at $794. Current market prices are higher than that historical Census figure but still inexpensive: Redfin reports a median sale price around $120,000 in 2026.
Low cost of living for New York. Multiple estimates put Olean below the national average, with housing particularly inexpensive. Salary.com’s 2026 estimate puts overall costs about 7% below the national average.
Much more convenient than a tiny rural town. You have supermarkets, restaurants, pharmacies, big-box retail, medical offices, and other everyday services within the city. For example, there are Tops, ALDI, Walmart, and locally owned grocery stores.
Good healthcare for a small city. Olean General Hospital is a full-service community hospital, and Olean Medical Group provides a range of primary-care and specialty services.
Outdoor recreation is excellent. You’re surrounded by the hills and forests of southwestern New York, with the Allegheny National Forest just across the Pennsylvania border. Hiking, hunting, fishing, camping, kayaking, and snowmobiling are major advantages.
Decent restaurant scene for its size. You aren’t stuck with fast food. Places such as Beef-N-Barrel, Brother’s Bistro and Century Manor Grillhouse give the city some legitimate local dining options.
Short commutes. Census data puts the average commute at only 14.4 minutes.
College-town influence. Nearby St. Bonaventure University brings some younger people, events, and cultural activity to an otherwise older/rural region.
More diverse than many small upstate NY towns. Niche gives Olean a B for diversity, although the city remains predominantly white according to Census data.
There is an actual downtown. Olean has historic architecture and a traditional downtown rather than being purely strip malls and subdivisions.

Cons of Olean

Population is shrinking. Olean went from about 14,452 people in 2010 to an estimated 13,508 in 2025, a roughly 3% decline just since 2020. This is one of the biggest long-term concerns.
Low incomes. Median household income is only about $51,261, versus roughly $80,734 nationally. Poverty is also high at 26.7%.
Schools are a mixed bag. This is probably the biggest concern for families. Niche gives the public schools an overall C-, while individual school ratings vary considerably.
Crime isn’t Olean’s strongest point. Niche gives the city a C+ for crime and safety. Its property-crime numbers are particularly less favorable than the national comparison.
Winters are serious. This is western New York. Expect substantial snow, gray skies, freezing temperatures, and winter driving. Niche gives Olean a C- for weather.
Limited big-city amenities. Buffalo is roughly 1–1½ hours away, so major concerts, specialty shopping, international flights, major museums, etc. require a drive.
Job market is regional rather than metropolitan. There are healthcare, education, retail, manufacturing, and service jobs, but someone pursuing a highly specialized career may find the market limiting.
Some parts of town have economic decline/vacancy issues. A New York State downtown revitalization assessment identified declining population, limited in-migration, relatively low employment/incomes, and vacant retail properties as challenges.
Rental inventory can be thin. Although rents are inexpensive, the number of available units is not huge. Zillow showed only about 10 available rentals in its July 2026 snapshot.