714 E 4TH Street, Erie, PA 16507

Listing Agency: Crockett Realty & Co

Listed By: Autumn Crockett · License PA RM426218 Show Phone

Source: Crexi

Added: Sep 2 Changed: Nov 8 Last Checked: Nov 12 at 8:02AM

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Investment Insights

Based on property information with market context.

This two-unit multifamily property contains matching apartments, each configured with three bedrooms and one full bathroom. Both units are currently occupied, providing an established rental setup.

The property is near downtown, public transportation, shopping, schools, and other local amenities in Erie, Pennsylvania.

Key Highlights

• Two occupied rental units
• Each apartment has 3 bedrooms and 1 full bath
• Near downtown, public transportation, shopping, and schools

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Lease Details

2

Residential units

100%

Occupancy

Location Intelligence

Trade Area within ½ mile

504

Businesses Nearby

Explore this area Business Placement

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

Average Price Trend$/SF for Multifamily properties in Erie, PA

$90.14 Jul

$85.91 Aug

$88.52 Sep

$94.51 Oct

Properties on Market for Multifamily properties in Erie

Jul

Aug

Sep

Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

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Frequently Asked Questions

What type of property is this?

Multifamily property - Both apartments are occupied, with each offering a three-bedroom, one-bathroom layout.

Where is this multifamily property located?

The property is located at 714 E 4TH Street Erie, PA.

What is the asking price?

The asking price for this property is $100,000.

What are key features of this property?

This property features: Two occupied rental units; Each apartment has 3 bedrooms and 1 full bath; Near downtown, public transportation, shopping, and schools