Erie PA Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
1,672
Status:
NEW LISTING
Beds:
6
Lot size:
0.06 Acres
Year built:
1950
Baths:
MLS#:
181300

ADDITIONAL INFORMATION

Easy to rent and ready to start making income.

Type:
Multi-Family
Sq.Ft.:
2,024
Status:
NEW LISTING
Beds:
4
Lot size:
0.08 Acres
Year built:
1921
Baths:
MLS#:
181299

ADDITIONAL INFORMATION

Good looking home to add to your portfolio.

Type:
Duplex
Sq.Ft.:
1,568
Status:
Active
Beds:
2
Year built:
1892
Baths:
MLS#:
181304

ADDITIONAL INFORMATION

Investor special! Fully rented two-unit property offering steady cash flow and tons of potential. Both units are occupied, providing income while you plan your updates. Property needs some work but has a great upside for the right buyer!

Type:
Multi-Family
Sq.Ft.:
1,744
Status:
Active
Beds:
6
Lot size:
0.14 Acres
Year built:
1887
Baths:
MLS#:
181283

ADDITIONAL INFORMATION

Exciting opportunity to build equity in this spacious duplex. The building had a fire and the second floor has been remodeled and rented with a good paying tenant. The first floor apartment is all cleaned out and framed up, ready to make it however you want. Could be a great owner-occupied property or investment to add to your portfolio. There is an 8k final draw held in escrow by the insurance company until the downstairs unit is finished being renovated; rights to this will be transferred to the buyer at closing. Don't miss out on this potential cash cow!

Type:
Multi-Family
Sq.Ft.:
3,766
Status:
Active
Beds:
6
Lot size:
0.05 Acres
Year built:
1889
Baths:
MLS#:
181168

ADDITIONAL INFORMATION

This is a huge cash cow opportunity! This turn-key fourplex features (2) two-bedroom units, (1) 1 bedroom unit, and one efficiency unit. There are tons of updates throughout each unit. Convenient location and close to downtown, shopping, restaurants and the Bayfront. Start cash flowing on day #1!

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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 16507 has a population of 95,536. Erie 16507 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 16507 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 16507 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

    14
    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
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

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

Ungraded Schools near Erie, PA

School Grades Students P/T Ratio ZIP
Perseus House CS of Excellence 06 - 12 593 17.2 16501
Robert Benjamin Wiley Community CS PK - 12 395 14.6 16507

Demographics near Erie, PA 16507

Metric Zip Code City
Neighborhood Type Suburban
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