Financial
Distress signals
Property profile

1843 47th E 38th St Erie, PA 16510

OFF-MARKET
Garden apartment buildings
Property ID
US73-2493762
8,720 SF 0.41 ac lot Built 1970
Last sale Dec 2025 · $950,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$16k
Tax billed · 2023
Assessed value · 2024$425k
Assessed land$71k
Assessed improvement$354k
Effective rate3.80%

Value estimate

· Sep 2026
$470k
$423k – $517k
AI approach$440k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$82/SF
Submarket average, outlier-cleaned · 73 recorded sales of this use type
Observed band · Q1–Q3$42 – $126

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
RLB
RLB Residential Limited Commercial District is primarily for residential uses, home occupations, and limited commercial uses, generally l...
General categoryINDUSTRIAL
JurisdictionERIE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency26.5
Law Firm24.7
Dental Office17.4

Location

1843 47th E 38th St Erie, PA 16510
County assessor Recorded deeds · 9 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2824 Zimmerman, Erie, PA 16510 $664,392 Dec 2022 8,408 SF
2838 Zimmerman, Erie, PA 16510 $664,392 Dec 2022 8,408 SF
2812 2816th Zimmerman, Erie, PA 16510 $570,000 Dec 2022 7,408 SF
2846 2852nd Zimmerman, Erie, PA 16510 $900,000 Dec 2022 4,664 SF
3304 Rose, Erie, PA 16510-1963 $182,004 Jun 2021 7,548 SF
2634 Hope, Erie, PA 16510-3972 $506,667 May 2021 4,020 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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