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9-Unit Apartment Building
For Sale
$198,500

437 W 4TH Street, Erie, PA 16507

ResidentialIncome, Erie, PA

Property Size4,675 SF
Lot Size0.19 Acres
Price / SF$42.46
Days on Market51

Property Features for 437 W 4TH Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-2
Zoning description R-2
Bedrooms 9
Bathrooms 3
Full bathrooms 4
Rooms Bedroom 7, Bedroom 6, Bedroom 8, Bedroom 3, Bedroom 5, Bathroom 2, Bedroom 9, Bathroom 3, Bathroom 1, Bathroom 4, Bedroom 4, Bedroom 1, Bedroom 2
Elementary school district City-Erie
Middle school district City-Erie
High school district City-Erie
Directions West 4th Street between Walnut Street and Chestnut Street. South side of the street.
Subdivision 2 - Erie Northwest
Standard status Active
APN 17-040-014.0-215.00
Size 4,675 SF
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 2552
Expense value 5000
Expense SecurityDeposit
Expense freq. One Time

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Water source Public

Building Details

Number of units 9
Building materials AluminumSiding, Mixed
Roof type Asphalt
Listing Agency: Agresti Real Estate
Listed By: Nicholas Marinelli · License #AB062182L
Added: Jul 15 Changed: Sep 3 Last Checked: Sep 3 at 2:06PM
MLS# 191851

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 9-unit residential income property contains two apartments and seven sleeping rooms within a 4,675-square-foot building on 0.1894 acres. The apartments provide private kitchens and bathrooms, while the sleeping rooms share a kitchen and full bathroom. One apartment includes a bedroom, living room, dining area, laundry hookups, and basement space; the other offers a large bedroom, living room, kitchen, and full bath.

The property uses high-efficiency natural-gas heating, including forced-air systems serving the apartments and natural-gas hot-water heat for the sleeping rooms. Public water and public sewer serve the site, which also has an asphalt roof, mixed aluminum siding, off-street parking, and a vacant lot next to the house. The property is zoned R-2.

Key Highlights

  • 9‑unit configuration with 2 apartments and 7 sleeping rooms
  • 4,675‑square‑foot building on a 0.1894‑acre lot
  • Two apartments with private kitchens and full bathrooms

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Electrical Service Plumbing Service Nail Salon Pet Grooming Service

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

9
Residential units

Location Intelligence

Trade Area within ½ mile

2,200
Businesses Nearby

Demographics for 16507, PA

9,429
Population
4,149
Households
2.3
Avg Household Size
31
Median Age
20%
College-Educated
88%
High-School Grad
2.1 sq mi
ZIP Area
4,490
Density / Sq Mi
$34,474
Median Household Income
$20,833
Median Earnings
$1,016
Median Rent
$66,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - Residential income property with two apartments, seven sleeping rooms, shared facilities, and off-street parking.
Where is this apartment building located?
The property is located at 437 W 4TH Street Erie, PA.
What is the asking price?
The asking price for this property is $198,500.
What are key features of this property?
This property features: 9‑unit configuration with 2 apartments and 7 sleeping rooms; 4,675‑square‑foot building on a 0.1894‑acre lot; Two apartments with private kitchens and full bathrooms
More about this property
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