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Corner Multifamily Portfolio with 7-Bay Garage
For Sale
$450,000

525 NORTH Street, Meadville, PA 16335

MULTI_FAMILY - Meadville, PA

Property Size8,800 SF
Lot Size0.92 Acres
Price / SF$51.14
Days on Market275

Property Features for 525 NORTH Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description MU
Bedrooms 16
Bathrooms 9
Full bathrooms 9
Rooms Bedroom 7, Bedroom 14, Bedroom 12, Bedroom 5, Bathroom 6, Bedroom 15, Bedroom 10, Bedroom 16, Bathroom 1, Bedroom 11, Bedroom 13, Bathroom 7, Bedroom 9, Bedroom 6, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 8, Bathroom 4, Bathroom 8, Bathroom 9, Bathroom 3, Bedroom 4, Bathroom 5, Bedroom 3
Parking 6
Parking features Garage
Lot features Corner Lot
Elementary school district Crawford Central
Middle school district Crawford Central
High school district Crawford Central
Directions From CCCH: Diamond to N. Main St, R on North St, Properties will be on the left at the corner of Grove and North Street.
Subdivision 19 - Meadville City
Standard status Active
APN 3400-006-F-18
Size 8,800 SF
Lot size 0.92 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8054
Expense value 4000
Expense SecurityDeposit
Expense freq. One Time

Utilities

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

Building Details

Number of units 5
Building materials Frame
Roof type Composition
Listing Agency: ERA Richmond Real Estate Service · ERA Real Estate
Listed By: Brett Staskiewicz · License #RS319644
Added: Nov 9, 2025 Changed: Aug 3 Last Checked: Aug 11 at 10:06PM
MLS# 188790

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 corner multifamily portfolio is offered as one package and includes 5 income-producing properties plus a vacant lot and a detached 7-bay garage. The portfolio features a large 4-bedroom, 2-bath, 2-story home, multiple duplex configurations described as “3 up & down duplexes,” and an additional single-unit home with 4 bedrooms and 1 bath. Each unit is described as having separate entrances and utilities. The detached 7-bay garage adds supplemental space for storage or individual rentals.

The combined property totals 0.92 acres and 8,800 square feet, and the improvements are described as frame construction with a composition roof. Heating is listed as natural gas with forced air. Public water and public sewer service are provided.

The properties are located at the intersection of North Street and Grove Street in Meadville, PA.

Key Highlights

  • Offered as one package: 5 income‑producing properties plus a vacant lot
  • Detached 7‑bay garage included for storage or individual rentals
  • Combined lot size 0.92 acres and 8,800 square feet

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Furniture & Home Goods (Bike/Boat/Book/etc) Store Catering Service Food Market Kitchen & Bath Showroom Travel Agency

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

8
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,141
Businesses Nearby

Demographics for 16335, PA

27,452
Population
12,547
Households
2.2
Avg Household Size
43
Median Age
26%
College-Educated
94%
High-School Grad
114.5 sq mi
ZIP Area
240
Density / Sq Mi
$58,531
Median Household Income
$32,692
Median Earnings
$892
Median Rent
$149,500
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 - Portfolio includes 5 income properties, a vacant lot, and a detached 7-bay garage, supported by public water and sewer.
Where is this apartment building located?
The property is located at 525 NORTH Street Meadville, PA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Offered as one package: 5 income‑producing properties plus a vacant lot; Detached 7‑bay garage included for storage or individual rentals; Combined lot size 0.92 acres and 8,800 square feet
More about this property
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