Erie PA Multi Family for Sale
- Type:
- Duplex
- Sq.Ft.:
- 3,522
- Status:
- Active
- Beds:
- 7
- Lot size:
- 0.14 Acres
- Year built:
- 1897
- Baths:
- MLS#:
- 181128
ADDITIONAL INFORMATION
Add this great investment property to your portfolio! Duplex with single family home in the back. Lots of off street parking, vinyl windows through out, separate gas/electric and room for improvement on the rents! Vacant unit needs a quick cosmetic turn over.
$174,900
918 WALNUT Street Erie, PA 16502
ADDITIONAL INFORMATION
Come check out this freshly remodeled duplex near Gannon University. Brand new roof, brand new electrical service, new furnace and hot water tanks, newer windows, brand new carpet, new soffit and fascia, and a fresh set of paint on the interior and exterior! Dont miss out on this money maker!
$795,000
435 W 10TH Street Erie, PA 16502
- Type:
- Multi-Family
- Sq.Ft.:
- 11,568
- Status:
- Active
- Beds:
- 16
- Lot size:
- 0.31 Acres
- Year built:
- 1969
- Baths:
- MLS#:
- 180947
ADDITIONAL INFORMATION
11,568± SF mixed-use commercial investment opportunity featuring 8 two bedroom, 1 bathroom apartments & 1,088± SF office. 7,712± SF above grade area consists of eight 964± SF apartments: living room, kitchen/dining area, 2 bedrooms & full bathroom. Current average monthly rent is $789 with 6 of 9 tenants paying separately metered electric. Landlord pays gas, water, sewer & trash. 1,088± SF finished lower level office: 3 offices, conference room, open office area & restroom. 2,768± SF lower level basement: 6 tenant storage bins, utility room & laundry room. Built in 1969 on 0.3133± acres zoned RLB, Residential Limited Business. 16 car paved parking lot. Public utilities, gas forced air heat & central air conditioning. $88,320 Total Annual Rental Income. $64,188 Net operating income. Upside potential with below market rents – $788/month average rent. $100,200 pro-forma annual income. $76,068 Pro-forma net operating income. Offered at $795,000 – 8.10% cap rate – 9.57% pro-forma cap rate.
$40,000
549 E 7th St Erie, PA 16503
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1900
- Baths:
- MLS#:
- 1681495
ADDITIONAL INFORMATION
$299,000
2976 CLARK Road Erie, PA 16510
- Type:
- Multi-Family
- Sq.Ft.:
- 2,654
- Status:
- Active
- Beds:
- 5
- Lot size:
- 3.66 Acres
- Year built:
- 1930
- Baths:
- MLS#:
- 180903
ADDITIONAL INFORMATION
Great Investment property on 3.66 acres, located just over 1/2 mile off Route 20 in Harborcreek. This property offers 4 units: a 4 car garage behind the property for added income, the unit on the north side has a stove, refrigerator and a full bath and could be used for office space. In addition, a 2nd detached garage, circular driveway, a gas well with mineral rights included.
- Type:
- Duplex
- Sq.Ft.:
- 2,688
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.32 Acres
- Year built:
- 1956
- Baths:
- MLS#:
- 180884
ADDITIONAL INFORMATION
Gorgeous two unit brick home on upper west side of Erie. Each, large and wonderfully updated, unit has 3 bedrooms and 2 full bathrooms. The home has been meticulously cared for and has had many updates over the years! The empty lot beside the home comes with the purchase as well. This is truly an investors dream. Come take a look. More photos to be uploaded this weekend. Taxes and lot size reflect both parcels.
$99,900
912 W 9TH Street Erie, PA 16502
- Type:
- Multi-Family
- Sq.Ft.:
- 1,408
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.1 Acres
- Year built:
- 1906
- Baths:
- MLS#:
- 180887
ADDITIONAL INFORMATION
This 4 bedroom 1 bathroom home offers so much potential as your next investment unit. Great long term tenant with updates already made. Brand new roof, new front porch, updated electric, and more. Close to downtown, Gannon, and other great Erie locations.
- Type:
- Multi-Family
- Sq.Ft.:
- 1,600
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.07 Acres
- Year built:
- 1903
- Baths:
- MLS#:
- 180614
ADDITIONAL INFORMATION
Centrally located two unit at corner of Brown Ave and Cherry Street - Long term tenant on first floor. New bath on 2nd floor, some new drywall on first floor. First floor has partial Sec 8 approval.Motivated seller!
$1,075,000
324 W 9TH Street Erie, PA 16502
- Type:
- Multi-Family
- Sq.Ft.:
- 25,078
- Status:
- Active
- Beds:
- 20
- Lot size:
- 0.39 Acres
- Year built:
- 1888
- Baths:
- MLS#:
- 180254
ADDITIONAL INFORMATION
Attention Investors: This is the 16 unit investment opportunity you've been waiting for! The sellers have done all the heavy lifting of stabilizing this asset, increasing rents, and reducing expenses. Ten of the apartments have recently been fully renovated with beautiful, modern finishes. Convenient onsite amenities include digital laundry and off street parking. Located near Gannon University, UPMC Hamot, State Street, Erie Insurance, Saint Vincent Hospital, Lake Erie, bus routes, and more. These apartments are in high demand and fill quickly when vacant. Most tenants are on a 12 month lease, all using the Apartment Association of NW PA lease. Add this valuable asset to your portfolio before it's gone!
$250,000
658 W 10TH Street Erie, PA 16502
- Type:
- Multi-Family
- Sq.Ft.:
- 1,560
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.06 Acres
- Year built:
- 1912
- Baths:
- MLS#:
- 179850
ADDITIONAL INFORMATION
Attention Investors. Great rental history. Presently used as a Air BNB. All the work has been done. Newer granite counter, Newer stainless appliance. Newer flooring throughout. Off street parking for 3-4 cars.MLS number 177513
$150,000
759 E 6TH Street Erie, PA 16507
- Type:
- Multi-Family
- Sq.Ft.:
- 4,085
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.14 Acres
- Year built:
- 1911
- Baths:
- 3.00
- MLS#:
- 179842
ADDITIONAL INFORMATION
Consistent Cash Flow:fully Occupied Triplex with Separate Utilities. Each unit comes with dedicated off-street parking.
$134,900
125 E 29TH Street Erie, PA 16504
- Type:
- Multi-Family
- Sq.Ft.:
- 1,980
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.11 Acres
- Year built:
- 1927
- Baths:
- 2.00
- MLS#:
- 178463
ADDITIONAL INFORMATION
Great investment opportunity with this 2 unit flat. Both units are 2 bedrooms, 1 bath. Fully occupied. First floor unit has been renovated and newly rented. There is a 2 car detached garage in the back. Walking distance to Collegiate Academy and Veterans Stadium.
$117,000
409 ROSS Street Erie, PA 16507
- Type:
- Multi-Family
- Sq.Ft.:
- 1,484
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.11 Acres
- Year built:
- 1892
- Baths:
- MLS#:
- 178159
ADDITIONAL INFORMATION
Fully occupied duplex. Many recent updates to both units including plumbing, hot water tanks, flooring, etc. Plenty of off-street parking and fenced in back yard. Turnkey investment property.
$155,000
363 E 38TH Street Erie, PA 16504
- Type:
- Multi-Family
- Sq.Ft.:
- 1,416
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.12 Acres
- Year built:
- 1952
- Baths:
- MLS#:
- 177415
ADDITIONAL INFORMATION
Two unit investment property for sale. Great location. Very well maintained. Perfect for owner-occupied.
$179,900
1251 E 38 Street Erie, PA 16504
- Type:
- Multi-Family
- Sq.Ft.:
- 2,896
- Status:
- Active
- Beds:
- 2
- Lot size:
- 0.11 Acres
- Year built:
- 1925
- Baths:
- MLS#:
- 177213
ADDITIONAL INFORMATION
High-traffic East Side investment alert! This 2-unit property boasts a turnkey hair salon with equipment (perfect for stylists or entrepreneurs) on the first floor and a spacious 2-bedroom apartment upstairs for steady rental income. Both units have central air, off-street parking is available, and the salon has a security system for peace of mind. Be a landlord and entrepreneur – this prime location offers the best of both worlds!
IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS.© 2025 Greater Erie Board of REALTORS®, Inc. All rights reserved.
The data relating to real estate for sale on this web site comes in part from the IDX Program of the West Penn MLS. IDX information is provided exclusively 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. Copyright 2025 West Penn Multi-List™. All rights reserved.
Erie Real Estate
The median home value in Erie, PA is $191,500. This is higher than the county median home value of $171,200. The national median home value is $338,100. The average price of homes sold in Erie, PA is $191,500. Approximately 46.6% of Erie homes are owned, compared to 42.85% rented, while 10.55% are vacant. Erie real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Erie real estate agent to arrange a tour today!
Erie, Pennsylvania has a population of 95,536. Erie is less family-centric than the surrounding county with 20.75% of the households containing married families with children. The county average for households married with children is 25.97%.
The median household income in Erie, Pennsylvania is $40,201. The median household income for the surrounding county is $55,949 compared to the national median of $69,021. The median age of people living in Erie is 35.1 years.
Erie Weather
The average high temperature in July is 80.6 degrees, with an average low temperature in January of 19.5 degrees. The average rainfall is approximately 44.1 inches per year, with 101.4 inches of snow per year.