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    815 Walnut St Erie, PA 16502

    New
    For Sale
    $109,900

    MULTI_FAMILY - Other - Erie, PA

    Property size:
    2,369 SF
    Lot size:
    0.07 Acres
    Days on Market:
    6
    Last Refresh:
    Dec 7 at 3:06 pm

    Property Features for 815 Walnut St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 4, Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 2
    Bedrooms
    4
    APN
    16-030-025.0-239.00
    Size
    2,369 SF
    Lot size
    0.07 Acres

    Taxes and HOA fees

    Expense value
    3000
    Expense
    SecurityDeposit
    Expense freq.
    One Time

    Utilities

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

    Building Details

    Year built
    1873
    Number of units
    2
    Building materials
    Asbestos, Frame
    Roof type
    Asphalt
    Architectural style
    Other

    EXP REALTY LLC (888) 397-7352 [email protected]

    Listing agent Caleb Kowalczyk (814) 873-7793 License #RS364924

    Listing date Dec 2, 2025

    MLS# 188347 Listing URL

    Copyright © 2025 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.

    Overview

    Erie Multifamily Property For Sale

    This two-unit multifamily property in Erie, PA, presents an investment opportunity. Each unit features two bedrooms. The property has been renovated and is being sold fully furnished. Previously utilized as short-term and mid-term rentals, it is suitable for continued use as a short-term rental or conversion to a long-term rental property. The lot size is approximately 0.0697 acres, and the property size is 2369 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Erie
    County
    Erie
    State
    Pennsylvania
    Longitude
    -80.094311
    Latitude
    42.123127

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    FAQs

    What type of property is this?
    Duplex - Renovated two-unit property, fully furnished, suitable for rentals.
    Where is this duplex located?
    The property is located at 815 Walnut St Erie, PA.
    What is the asking price?
    The asking price for this property is $109,900.
    What are key features of this property?
    This property features: - Fully furnished units ready for immediate rental income.; - Two renovated units, each with two bedrooms.; - Proven rental history as a short-term and mid-term rental property.
    (814) 873-7793
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    Erie, PA 16502
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    815 Walnut St Erie, PA 16502
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