Erie PA Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
3,615
Status:
NEW LISTING
Beds:
4
Lot size:
0.16 Acres
Year built:
1895
Baths:
2.00
MLS#:
180677

ADDITIONAL INFORMATION

Beautiful historical 2 family dwelling (Blt.1895), well maintained throughout the years! Spacious rooms on each floor including living room, dining room, kitchen, 2 bedrooms and bath plus heated sunroom. There are 3 ornamental fireplaces in each unit in living room and both bedrooms! The attic could possibly add more living space for 2nd floor unit. There are separate utilities and separate basement areas with laundry hook-ups for each floor. From the front curb appeal to the charming rear yard, this home is a must see!

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!

Type:
Multi-Family
Sq.Ft.:
15,314
Status:
Active
Beds:
n/a
Lot size:
0.07 Acres
Year built:
1911
Baths:
MLS#:
180549

ADDITIONAL INFORMATION

Package Deal! Picture this: originally the edge of Erie, built in 1896, this downtown row property now sits at the heart of Federal Hill, a vibrant hub of creativity and commerce. It offers not one but three commercial storefronts, with further investment potential throughout. These sturdy brick structures, rich in historic charm and stories unique to Erie, anchor an earthy and dynamic neighborhood where artists, chefs, and entrepreneurs breathe new life into every corner. Local galleries, trendy restaurants, and artisan coffee shops infuse the area with energy, making this urban jungle an investment that promises both character and growth.

Type:
Duplex
Sq.Ft.:
3,177
Status:
Active
Beds:
6
Year built:
1887
Baths:
MLS#:
180557

ADDITIONAL INFORMATION

Great Investment Opportunity! Spacious duplex each unit contains 3 bedrooms and 1 bathroom. Back yard can be used for parking. Needs work. Being sold as is. Motivated Seller.

Type:
Multi-Family
Sq.Ft.:
2,548
Status:
Active
Beds:
6
Lot size:
0.08 Acres
Year built:
1908
Baths:
MLS#:
180535

ADDITIONAL INFORMATION

Fully occupied two unit in the heart of Erie. Three bedrooms in each unit. Garage and off-street parking

Type:
Multi-Family
Sq.Ft.:
3,816
Status:
Active
Beds:
10
Lot size:
0.08 Acres
Year built:
1909
Baths:
MLS#:
180529

ADDITIONAL INFORMATION

Don't sleep on this solid 3 unit property to add to your rental portfolio. Property is fully occupied with all tenants living there for over a year. All apartments are extremely spacious, with the 4 bedroom units even having a second bathroom! With a little TLC rents could be increased. This property is professionally managed, and the management team would be open to staying on for the new owner.

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!

Type:
Multi-Family
Sq.Ft.:
1,848
Status:
Active
Beds:
2
Lot size:
0.06 Acres
Year built:
1916
Baths:
MLS#:
179961

ADDITIONAL INFORMATION

Nice two unit. Upstairs unit is occupied. Downstairs unit is total renovated.

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

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Andrea Conner, License # RM425337, Xome Inc., License #RB067821, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

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.© 2024 Greater Erie Board of REALTORS®, Inc. All rights reserved.



Erie Real Estate

The median home value in Erie, PA is $159,600. This is lower 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 $159,600. 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 16502 has a population of 95,536. Erie 16502 is less family-centric than the surrounding county with 20.57% 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 16502 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 16502 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.

Erie Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    35
    30-day change

Erie Schools and Demographics

Education near Erie, PA

Metric City County
High School Graduates 86.92 91.66
College Degree - 2 year 8.83 10.06
College Degree - 4 year 22.19 28.81
Graduate Degree 5.3 7.88
Expenditures per Student 17,637 17,637
Students per Teacher 13.2 13.2

Elementary Schools near Erie, PA

School Grades Students P/T Ratio ZIP
Emerson-Gridley Elementary School PK - 06 620 18 16502
Erie Rise Leadership Academy Charter School KG - 08 308 16.2 16502
Grover Cleveland El School KG - 05 606 15.2 16508
Perry Elementary School PK - 05 502 15 16508

Middle Schools near Erie, PA

School Grades Students P/T Ratio ZIP
Roosevelt Middle School 06 - 08 633 12.4 16508

High Schools near Erie, PA

School Grades Students P/T Ratio ZIP
Central Career & Technical School 09 - 12 975 12.6 16508
Northwest PA Collegiate Academy 09 - 12 789 17 16508
Strong Vincent High School 09 - 12 685 14.1 16502

Ungraded Schools near Erie, PA

School Grades Students P/T Ratio ZIP
Perseus House CS of Excellence 06 - 12 593 17.2 16501

Demographics near Erie, PA 16502

Metric Zip Code City
Neighborhood Type Inner City
Population 95,536 271,903
Population Density 4,992 340
Median Age 35.1 39.9
People per Household 2.3 2.4
Median Household Income 40,201 55,949
Average Income per Capita 23,512 30,715