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Property profile

718 2nd St Erie, PA 16507

OFF-MARKET
Garden apartment buildings
Property ID
US73-0840535
5,536 SF 0.18 ac lot Built 2000
Last sale Apr 2005 · $2,767
Individually Owned Owner of record is an individual. 21-yr Hold Held for 21 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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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. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$14k
Tax billed · 2023
Assessed value · 2024$380k
Assessed land$64k
Assessed improvement$316k
Effective rate3.80%

Value estimate

· Oct 2026
$255k
$230k – $281k

Realmo valuation models over county records and 5 qualifying comparable sales.

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
Qualifying comparables5

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?
WR
W-R (Waterfront Residential District) shall be designed single-, two- and multiple-family dwellings of high density on valuable propertie...
General categoryRESIDENTIAL
JurisdictionERIE

Location intelligence

Which uses thrive at this corner?
Best fit: Nail Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Nail Salon11.5
Spa & Massage10.3
Electrical Service9.6

Location

718 2nd St Erie, PA 16507-1196
County assessor Recorded deeds · 2 transfers 5 qualifying comp sales 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1201 3rd W 6th, Erie, PA 16507 $300,000 Nov 2024 4,368 SF
337 6th, Erie, PA 16507-1244 $325,000 Aug 2023 5,351 SF
1233 35th W 6th, Erie, PA 16507 $242,000 Jan 2023 3,297 SF
946 2nd, Erie, PA 16507-1037 $125,000 Mar 2021 4,000 SF
462 6th, Erie, PA 16507-1280 $250,000 Dec 2019 5,853 SF
446 6th, Erie, PA 16507-1276 $695,000 Apr 2019 6,212 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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