Multifamily

Erie, PA Multifamily Properties for Sale

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Mill Creek, PA Mckean, PA Fairview, PA Mc Kean, PA Summit, PA Waterford, PA Scranton, PA Lake City, PA
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14-Unit Apartment Building
Updated: Jul 27
14-Unit Apartment Building

3082 W 12TH Street, Erie, PA 16505

$1,299,900
6,343 sqft 1.14 AC lot
14 units across 2 buildings: 6‑unit single‑story building and 8‑unit two‑story building
Unit mix includes 12 one‑bedroom apartments and 2 efficiencies
6,343 square feet on 1.14 acres
MU‑2 Corridor Mixed Use zoning
Composition roof installed approximately 12 years ago with 35+ year shingles
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Furnished Short-Term Rental Apartments
Updated: Jun 16
Furnished Short-Term Rental Apartments

243-257 W 26TH Street, Erie, PA 16508

$1,349,600
8,904 sqft
10‑unit short‑term rental property across 4 buildings
8,904 square feet across buildings on the same block
Fully furnished with furniture, linens, towels, pillows, and blankets
Renovations include roofs, gutters, decks, porch, electrical, plumbing, appliances, and select windows
24 bedrooms and 10 bathrooms
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Mobile Home Park with Garage
Mobile Home Park with Garage

3216 BUFFALO Road, Erie, PA 16510

$749,900
7,354 sqft 1.23 AC lot

Mixed residential income property includes mobile home pads, rental rooms, an apartment, and a newer garage.

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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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28-Unit Motel and Rental Home Property
28-Unit Motel and Rental Home Property

3056 W 12th St, Erie, PA 16505

$950,000
4,904 sqft

Offers daily, weekly, and monthly rentals with a front office and additional rear space.

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Waterfront Duplex
Waterfront Duplex

3145 LAKE FRONT Drive, Erie, PA 16505

$689,000
2,049 sqft 0.10 AC lot

Eight-bedroom residential property with year-round Lake Erie access and indoor-outdoor living connections.

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Two-Unit Residential Property
Two-Unit Residential Property

4916 W RIDGE Road, Erie, PA 16506

$375,000
1,984 sqft 1.12 AC lot

Income-producing duplex with remodeled first-floor space and MU-2 zoning for varied future uses.

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Fully Occupied Triplex
Fully Occupied Triplex

1334 NICHOLSON Street, Erie, PA 16509

$334,900
1,845 sqft 0.31 AC lot

Three-apartment property with a one-bedroom and two two-bedroom units, off-street parking, and laundry hookups.

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14-Unit Apartment Property
14-Unit Apartment Property

3082 W 12th St, Erie, PA 16505

$1,299,900
6,343 sqft

Two-building multifamily property with varied unit layouts and mixed single-story and two-story configurations.

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Duplex with Sunporch
Duplex with Sunporch

3305 CASCADE Street, Erie, PA 16504

$165,000
1,654 sqft 0.30 AC lot

Two separate living spaces include distinct layouts, with garage and basement access from the lower unit.

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Six-Unit Apartment Buildings
Six-Unit Apartment Buildings

218 E 10TH Street, Erie, PA 16503

$305,000
6,481 sqft 0.16 AC lot

Fully occupied residential property arranged across front and rear apartment buildings.

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Mobile Home Park with Rooming House
Mobile Home Park with Rooming House

3216 Buffalo Rd, Erie, PA 16510

$749,900
7,354 sqft 1.23 AC lot

Mixed residential income property combines mobile home pads with rental rooms, an apartment, and a detached garage.

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Furnished Short-Term Rental Property
Furnished Short-Term Rental Property

253 W 26TH Street, Erie, PA 16508

$474,900
3,132 sqft 0.20 AC lot

Renovated furnished rental with eight bedrooms, four bathrooms, and updated building systems.

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Triplex with In-Unit Laundry
Triplex with In-Unit Laundry

1227 W 30TH Street, Erie, PA 16508

$225,000
2,996 sqft 0.06 AC lot

Two of the three apartments are occupied by tenants who have each lived there for more than two years.

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Mixed-Use Property with Four Units
Mixed-Use Property with Four Units

2931 Maple St, Erie, PA 16508

$360,000
4,850 sqft 0.12 AC lot

Includes a commercial storefront, three residential rentals, and separately metered utilities.

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Two-Unit Duplex with Garage
Two-Unit Duplex with Garage

2103 STATION Road, Erie, PA 16510

$280,000
1,637 sqft 0.22 AC lot

Recent updates include windows, roofing, and furnaces, with forced-air natural gas heat.

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Corner Multifamily and Single-Family Property
Corner Multifamily and Single-Family Property

2 W 26 Street, Erie, PA 16503

$375,000
6,029 sqft

Corner income property in C-2 zoning with a three-unit building, included parking lot, and an additional single-family home.

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Remodeled Two-Unit Duplex
Remodeled Two-Unit Duplex

4916 W Ridge Rd, Erie, PA 16506

$375,000
1,984 sqft

Income-producing residential property with a remodeled first-floor unit and MU-2 zoning supporting broader future use options.

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Revitalized Mixed-Use Building
Revitalized Mixed-Use Building

502/506 STATE Street, Erie, PA 16501

$1,899,900
15,948 sqft 0.15 AC lot

Six-unit property combines first-floor retail with flexible upper-level office or residential space.

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9-Unit Apartment Building
9-Unit Apartment Building

437 W 4th St, Erie, PA 16507

$198,500
4,675 sqft

Mixed apartment and sleeping-room property with off-street parking and an adjoining vacant lot.

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9-Unit Apartment Building
9-Unit Apartment Building

437 W 4TH Street, Erie, PA 16507

$198,500
4,675 sqft 0.19 AC lot

Residential income property with two apartments, seven sleeping rooms, shared facilities, and off-street parking.

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Duplex with Detached Garage
Duplex with Detached Garage

145 E 21st St, Erie, PA 16502

$139,000
1,848 sqft

Two separate units feature updated kitchens and baths, with a detached garage and rear deck.

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Mixed-Use Property With Additional Land
Mixed-Use Property With Additional Land

1901 W 26TH Street, Erie, PA 16508

$350,000
5,577 sqft 0.50 AC lot

Package includes vacant commercial space, an occupied two-unit residence, and a separate vacant lot under C-2 zoning.

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Updated Two-Unit Duplex
Updated Two-Unit Duplex

1809 Myrtle St, Erie, PA 16502

$124,900
1,842 sqft

Two apartments offer separate utility metering and shared basement laundry access.

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3-Unit Multifamily Property
3-Unit Multifamily Property

523 E 10TH Street, Erie, PA 16503

$215,000
3,920 sqft 0.16 AC lot

The configuration combines a duplex with a separate rear house, and all three residences are occupied.

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Erie, PA Multifamily Properties Market Trends and Statistics

Explore 79 multifamily properties for sale in Erie, PA, showcased through 79 active listings on our real estate platform. These investment opportunities span a total of 357,195 square feet of properties for sale, with an estimated market value of $30,300,900.

Sale prices for multifamily properties in Erie, PA start at $49,950, averaging $404,012, and reaching up to $3,799,900 — 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

Duplexes 44
Apartment buildings 16
Triplexes 8
Short term rental properties 6
Mobile home & RV parks 3

Demographics Overview

Population 180K
Population Growth (5Y) -2.4%
Median Household Income $59,151
College Educated 18.8%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
16507 $146K
16504 $150.4K
16503 $250.2K
16509 $308.3K
16506 $332.7K

Taxes & Financing

Tax Rate (average for all types) 2.94%
Property Tax per SF $35.87 per SF
Tax Rate vs County Average 0.49 pp above 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 Residential Income pricing trends in Erie County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Erie fall within the 100,000+ square foot range.

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