Well maintained two-family home with a proven track record of long-term ownership and stable tenancy. The same investor has owned this property for the past 17 years, with an upstairs tenant in place for over 20 years, demonstrating consistent occupancy and reliability.
The lower unit has just been vacated and completely updated, offering a turnkey opportunity for easily moving right in or the ability to secure a new tenant at market rent. The property features separate utilities for each unit, providing ease of management and expense control.
Additional updates include a roof approximately 10 years old. Located in the desirable Lincoln & Persell School District, this property is well positioned for expanding a portfolio or offsetting a mortgage with rental income.
A solid opportunity with strong fundamentals and immediate upside potential.
The lower unit has just been vacated and completely updated, offering a turnkey opportunity for easily moving right in or the ability to secure a new tenant at market rent. The property features separate utilities for each unit, providing ease of management and expense control.
Additional updates include a roof approximately 10 years old. Located in the desirable Lincoln & Persell School District, this property is well positioned for expanding a portfolio or offsetting a mortgage with rental income.
A solid opportunity with strong fundamentals and immediate upside potential.
Property Details
Price:
$79,900
MLS #:
R1668923
Status:
Pending
Beds:
4
Baths:
2
Type:
Multi Family
Subtype:
MultiFamily
Neighborhood:
jamestowncity060800
Listed Date:
Mar 26, 2026
Finished Sq Ft:
2,163
Total Sq Ft:
2,163
Lot Size:
8,540 sqft / 0.20 acres (approx)
Year Built:
1880
Units:
2
See this Listing
Schools
School District:
Jamestown
Elementary School:
Lincoln Elementary
Middle School:
Persell Middle
High School:
Jamestown High
Interior
Appliances
Electric Water Heater
Bathrooms
2 Full Bathrooms
Flooring
Varies, Vinyl
Heating
Electric, Baseboard
Levels
Two
Exterior
Construction Materials
Other, See Remarks
Lot Features
Rectangular, Rectangular Lot, Residential Lot
Parking Features
Two Or More Spaces
Stories
2
Financial
Taxes
$2,252
Map
Community
- Address332 Palmer Street Jamestown NY
- CityJamestown
- CountyChautauqua
- Zip Code14701
Subdivisions in Jamestown
- A F Allen Brown
- Allen Estates Allotment B
- Allen Pk Allotment
- Bentley & Harringtons Map
- Broadhead Fisher & Wade M
- Brooklyn Park Allotment
- Curtis Realty Corp Allotm
- D Cornens Allotment
- Delaware Heights Allotmen
- Elmhurst Park Allotment A
- Emory Park Improv Corp In
- English Hill Garden Allot
- Ericsson Heights
- Ericsson Heights Allotmen
- Farmington
- Foots
- Galivan Allotment A
- Galivans Allotment A
- Harmon Covey Estate
- Heartland Gardens Sub
- Holland Land Company Surv
- Holland Land Company’s Su
- Holland Land Companys Sur
- Jamestown
- John Cowles
- Jones Gifford & Weeks
- Lewis Halls Add
- Lewis Halls Allotment
- Nellie Hallock Livingston
- Nettie E Sampson Allotmen
- Nettie Elizabeth Sampson
- Newland Park Sec C
- O F Prices Allotment O
- Of Prices Allotment K
- Parkview Allotment
- Pearl City Lawn Allotment
- Price Hultquist & Swanson
- R J Forbes
- Section 38809
- Valley View Sub
- Vandervoort
- W & J Land Companys Add
- W J Fullertons Allotment
- W J Weeks Lands
- Weeks & Marvins Map
Market Summary
Current real estate data for Multi Family in Jamestown as of Apr 23, 2026
74
Multi Family Listed
143
Avg DOM
36
Avg $ / SqFt
$126,892
Avg List Price
Property Summary
- 332 Palmer Street Jamestown NY is a Multi Family for sale in Jamestown, NY, 14701. It is listed for $79,900 To schedule a showing of MLS#r1668923 at 332 Palmer Street in Jamestown, NY, contact your Concrete Jungle Realty agent at 3472420937.
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Courtesy of ERA Team VP Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the New York State Alliance of MLSs. Detailed information about real estate listings held by brokerage firms other than Concrete Jungle Realty include the name of the listing broker. Neither the listing company nor Concrete Jungle Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. New York State Alliance of MLSs. All rights reserved. 332 Palmer Street
Jamestown, NY