Brick Duplex with Attached
New
For Sale
$225,000
2547 - 2547 1/2 W 10TH Street, Erie, PA 16505
ResidentialIncome, Erie, PA
Property Size1,360 SF
Lot Size1.08 Acres
Price / SF$165.44
Days on Market2
Property Features for 2547 - 2547 1/2 W 10TH Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Residential
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 2
Parking features
Garage
Lot features
Landscaped, Level, Pond On Lot
Elementary school district
Millcreek
Middle school district
Millcreek
High school district
Millcreek
Directions
W. 12th to Seelinger Ave (popeye's) to Right on corner of W 10th st to driveway.
Subdivision
5 - Millcreek N of W26
Standard status
Active
APN
33-030-047.0-009.00
Size
1,360 SF
Lot size
1.08 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
3986
Expense value
5000
Expense
SecurityDeposit
Expense freq.
One Time
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Amenities
Koi and frog ponds
Building Details
Year built
1952
Floors in Building
1
Number of units
2
Building materials
Brick, Block
Roof type
Composition
Architectural style
Other
Listing Agency:
Coldwell Banker Select - Peach · Coldwell Banker Real Estate
(814) 453-4578
Listed By:
Maryanne Szewczyk · License #RS146945A
(814) 450-6265
Added: Oct 23
Last Checked: Oct 24 at 5:06AM
MLS# 193927
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.
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Investment Insights
Based on property information with market context.
The 1,360-square-foot brick property includes a two-bedroom ranch-style main residence and an attached apartment. Interior features include hardwood flooring, a living-room fireplace, a kitchen with appliances, and a finished basement area with laundry, utility, and storage space. The oversized two-car garage has an additional 12-by-18-foot rear storage area.
Set on 1.083 acres, the property also features koi and frog ponds. The attached apartment offers space for rental income or multigenerational living, as described in the property information.
Set on 1.083 acres, the property also features koi and frog ponds. The attached apartment offers space for rental income or multigenerational living, as described in the property information.
Key Highlights
- Two‑bedroom brick ranch with attached apartment
- 1,360 square feet on 1.083 acres
- Oversized two‑car garage with 12' X 18' rear storage area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,341
Cap Rate
4.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$186,820
$186.8K
Cap Rate 7%
$133,443
$133.4K
Cap Rate 9%
$103,789
$103.8K
Market Conditions
NOI Build-Up for 1,360 SF
Gross rent
$13.9K $10.20/SF
− Vacancy
−$527 −$0.39/SF
EGI
$13.3K $9.81/SF
− OpEx
−$4.0K −$2.94/SF
NOI
$9.3K $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%
$186,820
Cap Rate 7%
$133,443
Cap Rate 9%
$103,789
Alternative Uses
Best Use
Multifamily LT 5
$133.4K
$116.8K – $155.7K
NOI $9,341 @ 7.0% cap · market cap 4.15%
Second Best
Apartment 5plus
$119.4K
$104.5K – $139.3K
NOI $8,358 @ 7.0% cap · market cap 3.71%
Theoretical Best
Office A
$337.4K
$295.2K – $393.6K
NOI $23,618 @ 7.0% cap · market cap 10.50%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,030
Businesses Nearby
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Business Placement
Demographics for 16505, PA
16,437
Population
8,407
Households
2
Avg Household Size
49
Median Age
45%
College-Educated
96%
High-School Grad
11.7 sq mi
ZIP Area
1,405
Density / Sq Mi
$71,370
Median Household Income
$45,793
Median Earnings
$871
Median Rent
$196,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A brick ranch residence includes a separate attached apartment and an oversized garage.
Where is this duplex located?
The property is located at 2547 - 2547 1/2 W 10TH Street Erie, PA.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Two‑bedroom brick ranch with attached apartment; 1,360 square feet on 1.083 acres; Oversized two‑car garage with 12' X 18' rear storage area
