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Michael Olear
SRES,CRS,MSW
REALTOR®, Lic. Associate Real Estate Broker
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514 Monroe St, Jamestown, NY 14701

$34,500
  • 514 Monroe St, Jamestown, NY 14701 Main Photo

18 Photos

New to the Market Active
BEDS3 BATHS2 full SQUARE FEET1,080 MLS#R1713204
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLJamestown

Property Description

A solid, low-maintenance investment opportunity that has been well maintained by the same owner for 47 years. This two-unit property offers separate gas and electric services, with the plumbing already configured to make it easy to separately meter the water for each unit. Both units feature total electric heat and updated electrical service. The property also offers a nice, dry basement, and most of the sewer lines have already been replaced, providing added peace of mind for the new owner. The lower unit is occupied by long-term tenants, providing immediate rental income. It also features a small private deck. The upper unit is currently vacant and ready to rent, offering an excellent opportunity for additional income.

514 Monroe St | MLS# R1713204

This multi-family property located at 514 Monroe St, Jamestown, NY 14701 is currently listed for sale with an asking price of $34,500. Monroe St is located within the Jamestown school district. Search Jamestown real estate on molear.mjpeterson.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Heating: Electric, Baseboard
Lot Size: 0.04 Acres
Stories: 2.0
Taxes: $958
Year Built: 1875

Feature Descriptions

Appliances: Gas Water Heater
Days on Site: 1
Exterior: Vinyl Siding
Flooring: Hardwood, Varies
Lot: Rectangular, Rectangular Lot, Residential Lot
Lot Dimensions: 25X70
Parcel#: 060800-387.039-0001-018.0
Parking: Concrete
Parking Notes: Concrete
Sewer: Connected
Units: 2
Utilities: Sewer Connected, Water Connected
Water: Connected, Public

Local Schools

High School: Jamestown High
Middle School: Jefferson Middle
Elementary School: Samuel G Love Elementary
School District: Jamestown

Listed By / Shown By

Listing By

Agency Name: Real Estate Advantage
Agency Contact: 716-665-1033

Shown By

Agent Name: Michael Olear
Agent Phone: Cell: (716) 481-9959
Agency Title: MJ Peterson Real Estate

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Estimate Your Payment

Estimated Payment

$ 166.68 per month $76.78 Principal & Interest $79.83 Property Tax $10.06 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 09/10/2026. The listing information on this page last changed on 09/10/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 09/10/2026 12:00:47 AM EST) or New York State Alliance MLS (last updated Wed 09/09/2026 11:59:06 PM EST). Real estate listings held by brokerage firms other than MJ Peterson Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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