Residential Income

Erie, PA Residential Income Properties for Sale

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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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See what stands out in Erie County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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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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Waterfront Duplex
Waterfront Duplex

3145 LAKE FRONT Drive, Erie, PA 16505

$695,000
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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Remodeled Triplex with Large Lot
Remodeled Triplex with Large Lot

3223 W 12TH Street, Erie, PA 16505

$419,900
3,172 sqft 0.65 AC lot

Three-unit property with separate entrances, public utilities, and oversized parking.

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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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Updated Duplex with Private Entrance
Updated Duplex with Private Entrance

1925 W 8TH Street, Erie, PA 16505

$275,000
1,552 sqft 0.15 AC lot

RLB-zoned property combines renovated interiors, central air, private access, and substantial on-site parking.

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Quadplex with In-Unit Laundry
Quadplex with In-Unit Laundry

947-949 W 10TH Street, Erie, PA 16502

$209,900
3,754 sqft 0.13 AC lot

Updated multifamily property with four rented living spaces, public utilities, and separate heating systems serving the units.

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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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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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Six-Unit Apartment Buildings
Six-Unit Apartment Buildings

218 E 10TH Street, Erie, PA 16503

$325,000
6,481 sqft 0.16 AC lot

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

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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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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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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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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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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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Two-Unit Property with Detached Garage
Two-Unit Property with Detached Garage

1134 W 9th St, Erie, PA 16502

$110,000
2,963 sqft

Duplex with private porches, flexible upper-level space, and a detached garage requiring repairs.

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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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Two-Unit Duplex with Central Air
Two-Unit Duplex with Central Air

3006 Cherry Street, Erie, PA 16508

$135,000
1,710 sqft

Fully occupied apartments include appliances, separate utility meters, and private driveway parking.

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Duplex Property with Garage Apartment
Duplex Property with Garage Apartment

1341-1343 E 7TH Street, Erie, PA 16503

$140,000
1,981 sqft 0.33 AC lot

Two residential units occupy separate parcels held together on one lot in Erie.

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Updated Duplex with Open Unit
Updated Duplex with Open Unit

612 W 26th St, Erie, PA 16504

$119,900
2,288 sqft

Two-unit residential property with one available apartment and improvements across both units.

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8-Unit Apartment Building with Parking
8-Unit Apartment Building with Parking

226 W 8TH Street, Erie, PA 16502

$440,000
5,805 sqft

Three-level income property with shared common areas and off-street parking.

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Erie, PA Residential Income Properties Market Trends and Statistics

Explore 88 residential income properties for sale in Erie, PA, showcased through 88 active listings on our real estate platform. These investment opportunities span a total of 384,596 square feet of properties for sale, with an estimated market value of $30,694,940.

Sale prices for residential income properties in Erie, PA start at $64,900, averaging $369,818, 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

Multifamily properties 84
Duplexes 43
Apartment buildings 18
Triplexes 10
Short term rental properties 6

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 $129.7K
16504 $147.6K
16503 $213.9K
16509 $334.9K
16508 $369.1K

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 pricing trends across core commercial property types 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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