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    Property profile & analytics

    946 2nd St Erie, PA 16507-1037

    • Garden apartment buildings
    • 4,000 SF
    • 0.32 lot acres
    OFF-MARKET
    Value Estimation
    $135,000
    Last Sale
    Mar 02, 2021
    $125,000
    Location Intelligence
    Property ID
    US73-0826985
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Garden apartment buildings

    Property Details for 946 2nd St

    Year built
    2021
    Construction
    WOOD
    Lot size
    0.32 lot acres
    Property size
    4,000 SF
    Zone code
    WR
    Property type
    Garden apartment buildings
    APN
    17-040-038.0-114.00
    APU
    17040038011400

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Erie
    County
    Erie
    State
    Pennsylvania
    Longitude
    -80.1081
    Latitude
    42.1264
    CBSA code
    21500
    CBSA name
    ERIE, PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,150
    $82,800
    $0.00
    $82,800
    -
    $82,800
    $0.00
    $82,800

    Comparable in this City

    • Value Estimation
      $185,000
      5,376 SF

      301 2nd St

      GARDEN APT, COURT APT (5+ UNITS) • 5,376 SF
      301 2nd St, Erie, PA 16507-1203
      View Details
    • Value Estimation
      $400,000
      3,182 SF

      147 53rd E 4th St

      GARDEN APT, COURT APT (5+ UNITS) • 3,182 SF
      147 53rd E 4th St, Erie, PA 16507
      View Details
    • Value Estimation
      $330,000
      5,765 SF

      311 6th St

      GARDEN APT, COURT APT (5+ UNITS) • 5,765 SF
      311 6th St, Erie, PA 16507-1244
      View Details
    • Value Estimation
      $205,000
      3,184 SF

      544 6th St

      GARDEN APT, COURT APT (5+ UNITS) • 3,184 SF
      544 6th St, Erie, PA 16507-1749
      View Details
    • Value Estimation
      $515,000
      6,324 SF

      343 6th St

      GARDEN APT, COURT APT (5+ UNITS) • 6,324 SF
      343 6th St, Erie, PA 16507-1609
      View Details
    • Value Estimation by Request
      29,682 SF

      441 3rd St

      GARDEN APT, COURT APT (5+ UNITS) • 29,682 SF
      441 3rd St, Erie, PA 16507-1278
      View Details

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    Similar Nearby for Lease

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      3,823 SF

      Downtown Erie Office Space For Lease

      3,823 SF Office, Prime Location
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      View Details
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    946 2nd St
    Erie, PA 16507-1037
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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