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4-Unit Quadplex
New
For Sale
$295,000

133 MEADVILLE Street, Edinboro, PA 16412

ResidentialIncome, Edinboro, PA

Property Size3,454 SF
Lot Size0.10 Acres
Price / SF$85.41
Days on Market2

Property Features for 133 MEADVILLE Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description C-1
Bedrooms 13
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 13, Bedroom 4, Bedroom 7, Bathroom 1, Bedroom 5, Bedroom 11, Bathroom 4, Bathroom 2, Bedroom 2, Bedroom 6, Bedroom 1, Bedroom 12, Bedroom 8, Bathroom 5, Bedroom 10, Bathroom 3, Bedroom 9, Bedroom 3
Lot features Cleared, Flat
Elementary school district General McLane
Middle school district General McLane
High school district General McLane
Directions Route 99 S. 6N. Corner of 99, Meadville Street and Lorna Lane.
Subdivision 11 - Edin/Frkln Twp/Mckean Twp & Boro/Wash Twp
Standard status Active
APN 11-010-044.0-001.00
Size 3,454 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 4054
Expense value 5000
Expense SecurityDeposit
Expense freq. One Time

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating), Natural Gas
Water source Public

Building Details

Year built 1920
Floors in Building 2
Number of units 4
Building materials VinylSiding
Roof type Composition, Metal
Architectural style Other
Listing Agency: Coldwell Banker Select - Edinboro · Coldwell Banker Real Estate
Listed By: Laura Lathrop · License #RS336052
Added: Oct 6 Changed: Oct 7 Last Checked: Oct 7 at 6:06PM
MLS# 193608

Copyright © 2026 Greater Erie Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This four-unit residential property contains 3,454 square feet on a 0.1019-acre lot. Built in 1920, the building has vinyl siding, composition and metal roofing, and hot-water heating fueled by natural gas. Public water and public sewer serve the property. Its remodeled interiors provide separate living spaces across the four units.

The property is in Edinboro, near Edinboro University, shopping, restaurants, and downtown amenities. The four-unit configuration can accommodate rental use or an owner-occupant arrangement with other units available for income.

Key Highlights

  • Four separate residential units
  • 3,454 square feet on a 0.1019‑acre lot
  • Remodeled interiors with updates and improvements

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,724
Cap Rate
8.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$474,480 $474.5K
Cap Rate 7%
$338,914 $338.9K
Cap Rate 9%
$263,600 $263.6K
Market Conditions
NOI Build-Up for 3,454 SF
Gross rent
$35.2K $10.20/SF
− Vacancy
−$1.3K −$0.39/SF
EGI
$33.9K $9.81/SF
− OpEx
−$10.2K −$2.94/SF
NOI
$23.7K $6.87/SF
Area
Erie County, PA
Vacancy
3.80%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$474,480
Cap Rate 7%
$338,914
Cap Rate 9%
$263,600

Alternative Uses

Best Use
Multifamily LT 5
$338.9K
$296.6K – $395.4K (±1% cap)
NOI $23,724 @ 7.0% cap · market cap 8.04%
Second Best
Apartment 5plus
$303.3K
$265.4K – $353.8K (±1% cap)
NOI $21,228 @ 7.0% cap · market cap 7.20%
Theoretical Best
Office A
$856.9K
$749.8K – $999.7K (±1% cap)
NOI $59,984 @ 7.0% cap · market cap 20.33%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Auto Parts Store Kitchen & Bath Showroom Bakery Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

327
Businesses Nearby

Demographics for 16412, PA

9,292
Population
4,806
Households
1.9
Avg Household Size
40
Median Age
50%
College-Educated
97%
High-School Grad
80.7 sq mi
ZIP Area
115
Density / Sq Mi
$67,659
Median Household Income
$34,061
Median Earnings
$883
Median Rent
$221,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Remodeled living spaces offer flexibility for rental use or owner occupancy.
Where is this quadplex located?
The property is located at 133 MEADVILLE Street Edinboro, PA.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Four separate residential units; 3,454 square feet on a 0.1019‑acre lot; Remodeled interiors with updates and improvements
More about this property
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