About This Home

This fully rented, five-unit apartment complex in Jamestown, NY, offers a two-story residential multifamily property with all units currently occupied. Built in 1880, the property includes 4,695 square feet on a 0.31-acre lot. Its five-bedroom configuration provides a substantial footprint for the existing apartment use.

Heating is provided by forced air, with electric heating and natural gas available. Interior features include a programmable thermostat, while listed appliances include a gas cooktop, gas oven, gas range, gas water heater, and refrigerator. Priced at $185,000, the property presents an investment opportunity with established occupancy and a layout consisting of five apartment units.

The building’s age, two-story design, lot size, and current rental status are notable characteristics for buyers evaluating multifamily property in Jamestown. Bathroom information is listed as zero in the provided property details.

Key Features

  • Built in 1880
  • 0.31 acre lot
  • 2 stories

Property Details

2 stories
1880
Listing Description

This fully rented 5-unit apartment complex offers a fantastic opportunity for investors seeking consistent cash flow and minimal management. Located in a desirable area of Jamestown, the property is well-maintained, with all units currently occupied. This property increases profitability.

Monthly Cost Estimate

$989/mo

20% down · 6.5% · 30 years

Principal$134
Interest$802
Insurance$54

Estimates only. Actual payments may vary.

Location

337 E 5th Street

Jamestown, NY 14701

Features & Amenities

Interior Features

ProgrammableThermostat

Property Details

Construction

VinylSiding

Parking

Garage

Heating

Electric (Heating)Forced AirNatural Gas

Appliances

GasCooktopGasOvenGasRangeGasWaterHeaterRefrigerator

Questions & Answers

This 5-bedroom, 0-bathroom residential multi family at 337 E 5th Street is listed at $185,000 ($39/sqft). The estimated monthly payment is $989 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1880, 0.31 acre lot, 2 stories. Interior Features: ProgrammableThermostat.

This property is listed by Thomas Turner and can be reached at 7166403912.

TT

Thomas Turner

License 10311200036

Agent at Century 21 Turner Brokers

(716) 640-3912

Listed by Century 21 Turner Brokers · Broker phone: (716) 763-7506 · View on Broker Site · Broker website

MLS# R1582163· Source: New York State Alliance of MLSs, LLC· 211 days on PropertySimple

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

337 E 5th Street, Jamestown, NY 14701

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