Movoto Real Estate
Sold on 04/01/2026

469 N Branch Rd, Eldred, PA 16731

$280,000

Last sold 04/01/2026 after 100 Days

  • 6

    bed

  • 2

    bath

  • 1,326

    Sqft ($211/Sqft)

Multi-family not for sale

About 469 N Branch Rd

Property type Multi-family
Year built 1930
HOA fee $0/month
Lot size 62.5 Acre
Movoto estimate
Property description
Unlock the potential of this exceptional multi-faceted property, offering immediate rental income, a move-in ready primary residence, and substantial land value. The centerpiece is a fully renovated single-family home featuring three bedrooms (with potential for a 4th) and a modernized full bath. Designed for longevity and low maintenance, the house underwent a complete renovation 8 years ago, including new wiring, heating system, roof, siding, windows, and partial foundation work. The first-floor laundry and two main-level bedrooms offer convenient single-level living. The investment portfolio also includes a 1994 single-wide mobile home (3 bed/1 bath), providing a second stream of rental income. Both dwellings are currently occupied by tenants and equipped with independent water softeners. (Tax ID #20-001-118-02A) Beyond the homes lies 58.75 acres (Tax ID #20-001-118-01) of expansive land enrolled in the Clean & Green program for tax efficiency. This parcel is not just scenic; it also holds significant tangible value, with an official March 2025 timber estimate of $35,000– $40,000 for the standing timber. Whether you are an investor seeking a diversified asset or an owner-occupant looking for a homestead that pays for itself, this property delivers. This property is conveniently located 33 minutes from Allegheny National Forest, 43 minutes from Holiday Valley in Ellicottville, about one hour from Cherry Springs State Park Astronomy Observation, and just 20 minutes South of Olean. This location is not as far out as it feels.
Listed by
Listing Agent - Paul Pezzimenti
Listing Agent Contact: 716-378-7039
Listing Office - Howard Hanna Professionals - Olean
Source: NYSAMLS’s mls logo
MLS#R1655499 • last updated 5 months ago
Movoto checked NYSAMLS’s for data 18 minutes ago
Overview
Heating Gas, ForcedAir
Virtual Tour N/A
MLS # R1655499
SqFt 1326
SubType Multi Family
Status Closed
Lot Size (Acres) 62.5
Property Tax 1797
Tax Assessed Value 47520
Condition Resale
Interior
Total # of Bathrooms 2
# of Full Baths 2
Total # of Bedrooms 6
Basement Full
Flooring Carpet, Varies, Vinyl
Interior Features Ceiling Fan(s)
Exterior
Foundation Block, Poured
Roof Metal
Construction VinylSiding, CopperPlumbing, PexPlumbing
Parking Gravel, ParkingAvailable, TwoOrMoreSpaces
Patio/ Porch Covered, Porch
Lot Desc Rectangular, RectangularLot, Secluded, Wooded
Amenities / Utilities
Appliances ElectricWaterHeater, WaterSoftenerOwned
Utilities CableAvailable, ElectricityConnected, HighSpeedInternetAvailable
Sewer/ Septic Holding Tank
Electricity Circuit Breakers
Water Source Well
Location
Waterfront RiverAccess, Stream
Elementary School Otto Eldred Elementary
Middle School Otto Eldred Jr/Sr. High
High School District Otto Eldred Area
High School Otto Eldred Jr/Sr. High
APN 20-001-118-02
Multifamily Details
Owner Pays Water
# of Separate Electric Meters 2
# of Separate Gas Meters 2
Operating Expense Includes Water/Sewer
Gross Annual Income 18000
Lot/ Land Details
Add'l Parcels Desc 20-001-118-02A, 20-001-118-01
$270K
Range: $245K-$294K
Last 30 days 
  • Apr 2026
    mls logo MLS # R1655499
  • Apr 2, 2026 Sold
    $280,000
  • Feb 2, 2026 Pending
    —
  • Jan 18, 2026 Active
    —
  • Dec 22, 2025 Listed
    $334,900
  • Apr 2026
    Public Records
  • Apr 1, 2026 Sold
    $280,000 (-16.4%)
  • Feb 2026
    mls logo MLS # R1654698
  • Feb 2, 2026 Pending
    —
  • Jan 18, 2026 Active
    —
  • Dec 22, 2025 Listed
    $334,900
  • Year Property taxes Tax assessment
  • 2025
    $1,213 +7.5%
    $32,420
  • 2024
    $1,129
    $32,420
  • 2023
    $1,129
    $32,420
  • 2022
    $1,129 +0.8%
    $32,420
  • 2021
    $1,120
    $32,420
  • 2019
    $1,120 +10605.4%
    $32,420
  • 2018
    $10 -97.3%
    $32,420
  • 2012
    $381
    $32,420
  • 469 N Branch Rd
    $280K
  • —
  • 16731
    $149K -41% y/y
  • Eldred
    $158K +17% y/y
No chart available
Statistics calculated by Movoto

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6/10
Source: GreatSchools.org © 2026. All rights reserved.

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Nearby recently sold homes in Eldred, PA

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  • Real Estate
  • PA
  • Mckean County
  • Eldred
  • 16731
  • 469 N Branch Rd
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