Erie PA Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
2,300
Status:
NEW LISTING
Beds:
6
Lot size:
0.1 Acres
Year built:
1917
Baths:
2.00
MLS#:
181314

ADDITIONAL INFORMATION

A GREAT OPPORTUNITY FOR INVESTORS LOOKING FOR A PROPERTY WITH IMMEDIATE RENTAL INCOME. THIS PROPERTY HAS TWO IDENTICALLY LAID OUT LEVELS WITH 3 BEDROOMS AND 1 BATH EACH. BOTH UNITS HAVE ACCESS TO THE BASEMENT WITH LAUNDRY HOOK-UPS, NEWER HOT WATER HEATERS AND RANGES. GOOD STANDING TENANT HISTORY.

Type:
Multi-Family
Sq.Ft.:
2,112
Status:
NEW LISTING
Beds:
4
Lot size:
0.15 Acres
Year built:
1907
Baths:
MLS#:
181298

ADDITIONAL INFORMATION

Nice looking with off street parking. Ready to earn some income right away.

Type:
Multi-Family
Sq.Ft.:
1,840
Status:
NEW LISTING
Beds:
4
Lot size:
0.11 Acres
Year built:
1883
Baths:
MLS#:
181297

ADDITIONAL INFORMATION

The nice home has a brand-new driveway for off street parking. Good rental history and ready for you to start earning income right away.

Type:
Multi-Family
Sq.Ft.:
2,240
Status:
NEW LISTING
Beds:
4
Lot size:
0.14 Acres
Year built:
1900
Baths:
MLS#:
181295

ADDITIONAL INFORMATION

Good location. with a good rental history.

Type:
Multi-Family
Sq.Ft.:
1,936
Status:
NEW LISTING
Beds:
6
Lot size:
0.06 Acres
Year built:
1913
Baths:
MLS#:
181292

ADDITIONAL INFORMATION

Nice two unit to for anyone to live in and earn some income.

Type:
Multi-Family
Sq.Ft.:
1,981
Status:
NEW LISTING
Beds:
6
Lot size:
0.33 Acres
Year built:
2005
Baths:
3.00
MLS#:
181306

ADDITIONAL INFORMATION

Unique property. 2 seperate lots, 2 seperate buildings, 2 seperate addresses. Both are spacious! Mobile home is currently occupied. Plenty of off street parking. 1341 has a brand new roof, fresh paint and new floors.

Type:
Multi-Family
Sq.Ft.:
1,875
Status:
NEW LISTING
Beds:
3
Lot size:
0.07 Acres
Year built:
1887
Baths:
MLS#:
181291

ADDITIONAL INFORMATION

This is one of 11 units being sold. It would be great to add it to your portfolio.

Type:
Multi-Family
Sq.Ft.:
2,640
Status:
NEW LISTING
Beds:
4
Lot size:
0.08 Acres
Year built:
1891
Baths:
MLS#:
181289

ADDITIONAL INFORMATION

This would be a great 3 unit to add to a portfolio or a home to live in and rent the rest.

Type:
Multi-Family
Sq.Ft.:
1,936
Status:
NEW LISTING
Beds:
4
Lot size:
0.12 Acres
Year built:
1911
Baths:
MLS#:
181296

ADDITIONAL INFORMATION

A solid brick flat that would be great to live in and have a family live in the other.

Type:
Multi-Family
Sq.Ft.:
2,296
Status:
NEW LISTING
Beds:
4
Lot size:
0.1 Acres
Year built:
1908
Baths:
MLS#:
181282

ADDITIONAL INFORMATION

Here is a nice steady income property to add to your portfolio or for a beginner. Located to bus lines and business.

Type:
Multi-Family
Sq.Ft.:
2,456
Status:
Active
Beds:
6
Lot size:
0.1 Acres
Year built:
1877
Baths:
2.00
MLS#:
181237

ADDITIONAL INFORMATION

Your Next Investment Property is Here! Low taxes and Good Rental income! This property Has 2 Units - Upstairs is Rented at 900 a month which includes 50 for the attic storage and driveway and tenants pay all utilities except W,S,T. Upstairs tenant is also a life long contractor and is the properties in home handy man. Downstairs unit is vacant and rents between 700 - 900 a month because it is a very spacious. The proforma Cap rate is 27%!! Current Cap rate with just the one tenant is still good at 15.5% Property does need some TLC and the tenant is willing to give a quote and do the any work that is requested for the new owner.

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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.© 2025 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 16503 has a population of 95,536. Erie 16503 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 16503 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 16503 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

    26
    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
Diehl School KG - 08 545 15.3 16510
Edison Elementary School PK - 05 529 17.9 16511
Emerson-Gridley Elementary School PK - 06 620 18 16502
Grover Cleveland El School KG - 05 606 15.2 16508
Harding School PK - 08 601 16.9 16505
Jefferson Elementary School KG - 05 524 15.4 16504
Joanna Connell School KG - 08 585 15.4 16510
Lincoln Elementary School PK - 05 441 15.6 16504
McKinley Elementary School PK - 05 581 15.6 16503
Perry Elementary School PK - 05 502 15 16508
Pfeiffer-Burleigh School KG - 08 781 15.6 16503
Wayne School PK - 08 629 14.6 16503

Middle Schools near Erie, PA

School Grades Students P/T Ratio ZIP
Roosevelt Middle School 06 - 08 633 12.4 16508
Woodrow Wilson Ms 06 - 08 737 14 16504

High Schools near Erie, PA

School Grades Students P/T Ratio ZIP
Central Career & Technical School 09 - 12 975 12.6 16508
East HS 09 - 12 991 16.7 16503
Northwest PA Collegiate Academy 09 - 12 789 17 16508
Strong Vincent High School 09 - 12 685 14.1 16502

Demographics near Erie, PA 16503

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