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Albion, PA

Multifamily

Albion, PA Multifamily Properties for Sale

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Cranesville, PA West Springfield, PA Springboro, PA Girard, PA East Springfield, PA Lake City, PA Conneautville, PA Conneaut, OH

Updated Duplex with Off-Street Parking

Updated: May 29

Updated Duplex with Off-Street Parking

5 W PEARL Street, Albion, PA 16401

$169,500

2,058 sqft

2‑unit property built in 1910 with frame construction and a metal roof
Both units currently 100% occupied by long‑term tenants
Updates and remodeling completed within the last 4 years
Unit #7: single‑story 1‑bedroom with kitchen appliances, stackable washer/dryer, and a large sunroom facing the yard
Unit #5: two‑story 2‑bedroom with kitchen appliances and washer/dryer, plus access to the garage and basement

This listing looks promising.

Here's a quick look at some key insights for

5 W PEARL Street, Albion, PA 16401

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Est. Cap Rate

8.3%
Above avg (5.9%)
Est. NOI

$14K
Annual
Price @ 7% Cap

$202K
Above asking
Property Type

Multi-Family Dwellings
Built 1910

View Property Analytics

Albion Triplex Investment Opportunity

Updated: Nov 18, 2025

Albion Triplex Investment Opportunity

10576 & 10578 E WASHINGTON Street, Albion, PA 16401

$299,900

2,908 sqft 0.40 AC lot

Immaculate 3 unit investment property with a great rental history
Large parcel of land
Tenants pay all utilities
Off street parking
Brick and Vinyl Siding Construction

Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 2 Active listings in Albion, PA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Multifamily Property with Restaurant Space

Multifamily Property with Restaurant Space

7860 W RIDGE Road, Fairview, PA 16415

$549,900

7,564 sqft 2.84 AC lot

For sale in Fairview: multifamily building with existing restaurant space and new roof, HVAC, and updated plumbing.

Mixed-Use Restaurant and Apartments

Mixed-Use Restaurant and Apartments

7860 W RIDGE Road, Fairview, PA 16415

$549,900

7,564 sqft 2.84 AC lot

Property includes an existing restaurant space and 15+ apartment units, with ample parking and an outbuilding.

Two-Unit Residential Income Duplex

Two-Unit Residential Income Duplex

121 VINE Street, Girard, PA 16417

$140,000

1,448 sqft 0.17 AC lot

Two-story duplex offers flexible configuration with multiple rooms, enclosed porch, metal roof, and partial basement with crawl space.

Income-Generating Duplex Property

Income-Generating Duplex Property

11040 RIDGE Road, Girard, PA 16417

$415,000

2,010 sqft 6.18 AC lot

Two ADA-friendly units each offer two bedrooms and one full tiled walk-in shower, plus on-site shared amenities.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Residential Lot in Vernon Township

Residential Lot in Vernon Township

10312 PERRY Highway, Meadville, PA 16335

$34,900

0.63 AC lot

0.63 acre residential lot with utilities in Vernon Township, PA.

Eastlake Marina District Land

Eastlake Marina District Land

35783 Lake Shore Boulevard, Eastlake, OH 44095

$765,000

5.66 AC lot

5.66 acres in Eastlake's Marina District, primed for development.

Cleared Land with Development Potential

Cleared Land with Development Potential

Fredonia, NY 14063

$125,900

22.00 AC lot

22-acre cleared land near Lake Erie with utilities.

Buildable Lot Near Niagara Falls

Buildable Lot Near Niagara Falls

1931 Falls Street, Niagara Falls, NY 14303

Contact for pricing

0.08 AC lot

Vacant land suitable for development near attractions.

Off-Market Properties in Albion, PA

Consider similar Off-Market properties in Albion, PA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

MOBILE HOME PARK, TRAILER PARK

Old Albion Rd, Albion, PA 16401

Value Estimation by Request

3.06 AC lot

10303 Park Ave, Unit 10307

MOBILE HOME PARK, TRAILER PARK

10303 Park Ave, Albion, PA 16401-9517

Unit 10307

Value Estimation by Request

854 sqft 0.22 AC lot

MOBILE HOME PARK, TRAILER PARK

Park Ave, Albion, PA 16401

Value Estimation by Request

684 sqft 0.08 AC lot

MOBILE HOME PARK, TRAILER PARK

Park Ave, Albion, PA 16401

Value Estimation by Request

744 sqft 0.20 AC lot

MOBILE HOME PARK, TRAILER PARK

Park Ave, Albion, PA 16401

Value Estimation by Request

732 sqft 0.22 AC lot

GARDEN APT, COURT APT (5+ UNITS)

Mdw Dr, Albion, PA 16401

Value Estimation by Request

5,420 sqft 2.98 AC lot

MOBILE HOME PARK, TRAILER PARK

State Hwy 18, Albion, PA 16401

Value Estimation by Request

18.84 AC lot

MOBILE HOME PARK, TRAILER PARK

40 Walnut St, Albion, PA 16401-1226

Value Estimation by Request

2,390 sqft 0.60 AC lot

Albion, PA Multifamily Properties Market Trends and Statistics

Explore 10 multifamily properties for sale in Albion, PA on our real estate platform. These investment opportunities span a total of 4,966 square feet of properties for sale, with an estimated market value of $469,400.

Sale prices for multifamily properties in Albion, PA start at $169,500, averaging $234,700, and reaching up to $299,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 6,022

Population Growth (5Y) -43.5%

Median Household Income $67,976

College Educated 14.1%

High-Yield Neighborhoods for Investment

Identify Albion submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
16401	$239.9K

Taxes & Financing

Tax Rate (average for all types) 2.17%

Property Tax per SF $44.38 per SF

Tax Rate vs County Average 0.69 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Erie County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Erie County

Residential Income

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