317 Fairmount Avenue, Jamestown, NY, 14701

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$2,550,000
383 Days On Site

317 Fairmount Avenue
Jamestown, NY 14701

For Sale|Residential Income|Active
33
Beds
0
Total Baths
28,060
SqFt
$91
/SqFt
1980
Built
County:
Chautauqua
Listing courtesy of Kristien Olson of PropertyMatch USA, LLC (716) 969-0449
Call Now: 716-676-6123
Is this the listing for you? We can help make it yours.
716-676-6123
317 Fairmount Avenue317 Fairmount Avenue317 Fairmount Avenue317 Fairmount Avenue
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Mortgage Calculator

Monthly Payment (Est.)

$11,634
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

Presenting a well-maintained 33-unit multifamily community that combines strong curb appeal, excellent tenant amenities, and consistently above-average occupancy. This property represents a rare opportunity to acquire a stabilized asset with both proven cash flow and continued upside through modernized unit renovations. Property Highlights • Unit Mix: 23 spacious two-bedroom apartments and 10 one-bedroom apartments, catering to a broad range of tenant demographics. • Upgrades: Many units have been completely remodeled, offering modern finishes that attract quality tenants and command premium rents. • Building Quality: Secure, well-kept building with on-site storage and garage parking available for select units—an attractive amenity that differentiates the property in the marketplace. • Outdoor Features: Residents enjoy green space and a gazebo area, creating a sense of community and enhancing tenant retention. • Management: Professional, attentive management has maintained occupancy levels consistently above market averages, ensuring reliable income and reduced turnover risk. Investment Appeal This 33-unit property offers investors the rare combination of stability and value-add potential. With a strong history of occupancy, upgraded units, and attractive amenities, the building generates steady cash flow while still leaving room to capture further upside through the continuation of interior renovations and potential operational efficiencies. Ideal for both private investors and institutional buyers, this is a turnkey multifamily acquisition in a demand-driven rental market.

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Listing Snapshot
Price 
$2,550,000
Days On Site 
383 Days
Bedrooms 
33
Inside Area (SqFt) 
28,060 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1980
MLS® Number 
R1632258
Status 
Active
Property Tax 
$45,456
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoStatus changed to Active
2 weeks agoListing updated with changes from the MLS®
7 months agoPrice changed to $2,550,000
a year agoListing first seen on site
General Features
Cross Street 
Stewart
Number Of Stories 
3
Parking 
Paved
Parking Spaces 
1
Special Circumstances 
Standard
SqFt Total 
28060
Utilities 
Sewer ConnectedWater Connected
Water Source 
Public
Interior Features
Appliances 
Electric CooktopElectric OvenElectric RangeRefrigerator
Basement 
None
Cooling 
Heat Pump
Flooring 
CarpetLaminateVariesVinyl
Heating 
Heat PumpElectricBaseboard
Interior 
Cathedral Ceiling(s)
Laundry Features 
Common Area
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Exterior Features
Construction Details 
Brick
Lot Features 
Rectangular Lot
Roof 
MembraneRubber
Community Features
MLS Area 
Jamestown-City-060800
School District 
Jamestown
Township 
Not Applicable
Financing Terms Available 
Cash
Schools
School District
Jamestown
Elementary School
Lincoln Elementary
Middle School
Persell Middle
High School
Jamestown High
Listing courtesy of Kristien Olson of PropertyMatch USA, LLC (716) 969-0449



The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither the listing broker(s) nor shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © Last checked: 2026-09-08 03:24 PM UTC CNYIS, UNYREIS, WNYREIS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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