Erie, PA Apartment Buildings for Sale

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Mill Creek, PA Mckean, PA Fairview, PA Waterford, PA Scranton, PA Lake City, PA Girard, PA Harborcreek, PA

11 properties

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Updated: Jun 23

Three-Story Multifamily Building

226 W 8TH Street, Erie, PA 16502

$440,000

5,805 sqft

8‑unit multi‑unit property with 3‑floor layout: first floor has a common area and a 2‑bedroom apartment
Second floor offers 6 single bedrooms with a common kitchen and 2 bathrooms
Third floor includes a 1‑bedroom apartment
Off‑street parking for 6 cars; shared driveway
Sprinkler system and security system included

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This listing looks promising.

Here's a quick look at some key insights for

226 W 8TH Street, Erie, PA 16502

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Est. Cap Rate

8.1%
Above avg (5.9%)
Est. NOI

$36K
Annual
Mortgage

$188K
Aug 2018
Property Type

Quadplex
Built 1905

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Updated: Jul 15

Mobile Home Park and Rooming House

3216 BUFFALO Road, Erie, PA 16510

$899,900

7,354 sqft 1.23 AC lot

1.23‑acre mobile home park and rooming house with multiple income streams
Includes 18 mobile home pads for tenant stays
Provides 10 rental rooms plus 1 apartment
Off‑street parking available
Newer 24' x 48' x 12' garage for storage or small business use

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Completely Remodeled Multifamily Building

38 N PARK Row, Erie, PA 16501

$2,750,000

13,200 sqft 0.08 AC lot

Remodeled 17-unit residential building plus 1 commercial space with secure entry, 24/7 surveillance, and on-site laundry.

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Mixed-Use Building with Retail Tenants

502/506 STATE Street, Erie, PA 16501

$1,899,900

15,948 sqft 0.15 AC lot

Downtown mixed-use building with six total units, including two ground-floor retail tenants and updated improvements.

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Historic Mixed-Use Apartment Building

100 Boston Store Place, Erie, PA 16501

Contact for pricing

Historic building offers apartments with central lobby and in-unit laundry hookups above 27,000+ square feet of first-floor commercial space.

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9-Unit Income-Generating Property

437 W 4TH Street, Erie, PA 16507

$224,900

4,675 sqft 0.19 AC lot

Nine-unit rental property with two apartments and seven sleeping rooms, plus off-street parking and a nearby vacant lot.

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Mixed-Use Investment Property

1029 31 EAST Avenue, Erie, PA 16503

$329,900

7,667 sqft 0.11 AC lot

Fully leased mixed-use building with two storefronts, six apartments, and an on-site warehouse for flexible income and use.

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Residential Apartment Building

419 Oregon Ave, Erie, PA 16505

Contact for pricing

Apartment building in Erie, PA with long-term tenants and rent potential noted for Units 4 and 7.

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Mixed-Use Corner Retail and Apartments

1029 31 EAST Avenue, Erie, PA 16503

$329,900

7,667 sqft 0.11 AC lot

Fully leased mixed-use property with two storefronts, six residential units, and a 30' x 40' warehouse.

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12-Unit Apartment Building with Balconies

3400 FRANCIS Street, Erie, PA 16510

$899,900

9,120 sqft 0.29 AC lot

Twelve spacious one-bedroom units with private balconies and individually metered systems offer a straightforward operating model.

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71-Unit Apartment Investment Portfolio

71 UNIT INVESTMENT PACKAGE, Erie, PA 16502

$3,799,900

68,288 sqft 3.53 AC lot

71-unit portfolio in Erie includes multi-units and single-family homes, with current rent roll over $54,000 monthly.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 11 Active listings in Erie, PA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 61 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Multifamily Property with Restaurant Space

7860 W RIDGE Road, Fairview, PA 16415

$549,900

7,564 sqft 2.84 AC lot

For sale in Fairview: multifamily building with existing restaurant space and new roof, HVAC, and updated plumbing.

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Mixed-Use Restaurant and Apartments

7860 W RIDGE Road, Fairview, PA 16415

$549,900

7,564 sqft 2.84 AC lot

Property includes an existing restaurant space and 15+ apartment units, with ample parking and an outbuilding.

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Brick 12-Unit Apartment Building

402 Lafayette Street, Jamestown, NY 14701

$365,000

6,552 sqft 0.08 AC lot

Twelve one-bedroom, one-bath units in a well-maintained brick building with updated windows and interior metal ceilings.

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Multifamily Investment Package For Sale

626 Spring St, Jamestown, NY 14701

$299,000

Sixteen properties with 25 units, strong income potential.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000

3.70 AC lot

Prime land near Shepherd University with development potential.

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Central Business Zoned Development Land

107 HOWARD Street, La Plata, MD 20646

$250,000

0.23 AC lot

Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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Detached Two-Family Residence

69 Martense Street, Brooklyn, NY 11226

$1,888,888

0.10 AC lot

Detached two-family home with two 3-bedroom apartments and a semi-finished basement featuring a separate entrance.

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Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000

5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Off-Market Properties in Erie, PA

Consider similar Off-Market properties in Erie, PA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

GARDEN APT, COURT APT (5+ UNITS)

2048 Mcclelland Ave, Erie, PA 16510-1361

Value Estimation by Request

2,736 sqft 0.18 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

2322 Midland Dr, Erie, PA 16506-2352

Unit 2328

Value Estimation by Request

4,096 sqft 0.45 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

4052 Canterbury Dr, Erie, PA 16506-5329

Unit 60

Value Estimation by Request

5,040 sqft 0.29 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

2710 Carleton Ct, Erie, PA 16506-1355

Value Estimation by Request

4,608 sqft 3.46 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

907 Grandview Blvd, Erie, PA 16504-2630

Value Estimation by Request

70,092 sqft 10.78 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

3626 Zimmerman Rd, Erie, PA 16510-2656

Unit 3710

$1,525,000

Estimated value

24,816 sqft 1.00 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

342 44th W 9th St, Erie, PA 16502

Value Estimation by Request

7,453 sqft 0.18 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

4175 Rdg Rd, Erie, PA 16506-1753

Value Estimation by Request

8,064 sqft 2.48 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

324 30th W 9th St, Erie, PA 16502

$745,000

Estimated value

12,539 sqft 0.39 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

4504 Greengarden Rd, Erie, PA 16509-1173

Unit 10

Value Estimation by Request

4,096 sqft 0.25 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

3823 Lancaster Rd, Erie, PA 16506-5340

Unit 29

Value Estimation by Request

4,032 sqft 0.23 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

563 Grandview Blvd, Erie, PA 16504-2636

Unit 69

Value Estimation by Request

4,718 sqft 0.29 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

2901 Lena Ct, Erie, PA 16506-1349

Unit 15

$4,835,000

Estimated value

12,288 sqft 4.70 AC lot

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Erie, PA Apartment Buildings Market Trends and Statistics

Explore 72 apartment buildings for sale in Erie, PA, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 139,724 square feet of properties for sale, with an estimated market value of $11,574,300.

Sale prices for two-family homes in Erie, PA start at $224,900, averaging $1,286,033, and reaching up to $3,799,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 180K

Population Growth (5Y) -2.4%

Median Household Income $59,151

College Educated 18.8%

High-Yield Neighborhoods for Investment

Identify Erie submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
16503	$349.9K
16502	$440K
16510	$899.9K
16505	$1.2M
16501	$2.8M

Taxes & Financing

Tax Rate (average for all types) 2.94%

Property Tax per SF $35.87 per SF

Tax Rate vs County Average 0.49 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Erie County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Erie County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Erie fall within the 100,000+ square foot range.

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Erie, PA Apartment Buildings for Sale

226 W 8TH Street, Erie, PA 16502

3216 BUFFALO Road, Erie, PA 16510

38 N PARK Row, Erie, PA 16501

502/506 STATE Street, Erie, PA 16501

100 Boston Store Place, Erie, PA 16501

437 W 4TH Street, Erie, PA 16507

1029 31 EAST Avenue, Erie, PA 16503

419 Oregon Ave, Erie, PA 16505

1029 31 EAST Avenue, Erie, PA 16503

3400 FRANCIS Street, Erie, PA 16510

71 UNIT INVESTMENT PACKAGE, Erie, PA 16502

Opportunities in Nearby Cities

7860 W RIDGE Road, Fairview, PA 16415

7860 W RIDGE Road, Fairview, PA 16415

402 Lafayette Street, Jamestown, NY 14701

626 Spring St, Jamestown, NY 14701

Potential Development Sites for Consideration

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

107 HOWARD Street, La Plata, MD 20646

69 Martense Street, Brooklyn, NY 11226

215 N Bear Creek Road, Asheville, NC 28806

Off-Market Properties in Erie, PA

2048 Mcclelland Ave, Erie, PA 16510-1361

2322 Midland Dr, Erie, PA 16506-2352

4052 Canterbury Dr, Erie, PA 16506-5329

2710 Carleton Ct, Erie, PA 16506-1355

907 Grandview Blvd, Erie, PA 16504-2630

3626 Zimmerman Rd, Erie, PA 16510-2656

342 44th W 9th St, Erie, PA 16502

4175 Rdg Rd, Erie, PA 16506-1753

324 30th W 9th St, Erie, PA 16502

4504 Greengarden Rd, Erie, PA 16509-1173

3823 Lancaster Rd, Erie, PA 16506-5340

563 Grandview Blvd, Erie, PA 16504-2636

2901 Lena Ct, Erie, PA 16506-1349

Erie, PA Apartment Buildings Market Trends and Statistics

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Residential Income

Property Size Breakdown

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