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4-Unit Quadplex
New
For Sale
$219,900

306-308 W 18TH Street, Erie, PA 16502

ResidentialIncome, Erie, PA

Property Size3,990 SF
Lot Size0.09 Acres
Price / SF$55.11
Days on Market1

Property Features for 306-308 W 18TH Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description LB
Bedrooms 7
Bathrooms 4
Full bathrooms 5
Rooms Bedroom 1, Bathroom 2, Bathroom 4, Bedroom 2, Bathroom 5, Bathroom 3, Bedroom 7, Bedroom 3, Bedroom 6, Bathroom 1, Bedroom 4, Bedroom 5
Parking 4
Elementary school district City-Erie
Middle school district City-Erie
High school district City-Erie
Directions W. 26th Street north on Myrtle St., left on W. 18th
Subdivision 3 - Erie Southwest
Standard status Active
APN 16-030-016.0-118.00
Size 3,990 SF
Lot size 0.09 Acres

Additional Details

Tenant in Place Yes
Individually Metered Utilities gas, electric

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 2574
Expense value 3000
Expense SecurityDeposit
Expense freq. One Time

Utilities

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

Building Details

Year built 1852
Floors in Building 3
Number of units 4
Building materials Frame
Roof type Composition
Architectural style Other
Listing Agency: Agresti Real Estate
Listed By: Jake Scheloske · License #RS318016
Added: Nov 2 Last Checked: Nov 2 at 3:06PM
MLS# 193956

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.

Rey
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Investment Insights

Based on property information with market context.

This 3,990-square-foot quadplex contains four occupied residences: two one-bedroom units, one two-bedroom unit, and one three-bedroom unit. The 1852 frame building has forced-air natural gas heat and a composition roof. Each unit has separate gas and electric utilities, and off-street parking is available.

The property occupies a 0.092-acre lot in Erie. Public water and public sewer serve the building.

Key Highlights

  • Four occupied units: two 1‑bedroom, one 2‑bedroom, and one 3‑bedroom
  • 3,990 square feet on a 0.092‑acre lot
  • Separate gas and electric utilities for each unit

Property Analytics

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Lease Details

4
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,622
Businesses Nearby

Demographics for 16502, PA

15,435
Population
7,811
Households
2
Avg Household Size
34
Median Age
18%
College-Educated
90%
High-School Grad
2.5 sq mi
ZIP Area
6,174
Density / Sq Mi
$34,649
Median Household Income
$27,342
Median Earnings
$831
Median Rent
$90,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - All residences are occupied, with gas and electric utilities provided separately for each unit.
Where is this quadplex located?
The property is located at 306-308 W 18TH Street Erie, PA.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: Four occupied units: two 1‑bedroom, one 2‑bedroom, and one 3‑bedroom; 3,990 square feet on a 0.092‑acre lot; Separate gas and electric utilities for each unit
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