Residential Income

Erie, PA Residential Income Properties for Sale

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Wesleyville Borough 12-Unit Investment Property

$965,000

9,120 SF

Wesleyville Borough 12-Unit Investment Property

3400 FRANCIS Street, Erie, PA 16510

Rare 12-unit multifamily property in a desirable Erie location.

High cash flow potential with upside for increased returns.
12 units in desirable Wesleyville Borough, Iroquois School District - a rare investment opportunity.
Well‑maintained asset, family‑owned and meticulously cared for.
Oversized units feature 1 bedroom, 1 bath, full kitchen, spacious living room, private balcony, and A/C.
Low expenses due to separately metered systems, tenants pay all utilities except sewer and garbage.

Updated: Mar 26

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$560,000

5,906 SF

Erie Restaurant, Bar and Apartment

3040 W LAKE Road, Erie, PA 16505

Remodeled restaurant, bar, and apartment near Presque Isle.

Prime location: Seconds from Waldameer and minutes from Presque Isle.
Fully equipped, remodeled restaurant and bar with 25 beer taps.
Includes all kitchen and bar equipment, POS system, and security cameras.
Newly remodeled 3‑bedroom apartment (1581 sq ft) upstairs.
Multiple options: Sale, Lease, Lease/Own, or Apartment Rental.

Updated: Jan 9

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$325,000

4,224 SF

Erie Investment Opportunity: Four Units

Two duplexes, four units, long-term tenants, separate utilities.

2623-2629 E 29TH Street, Erie, PA 16510

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$389,900

7,667 SF

Mixed-Use Property with Warehouse Space

Income-generating mixed-use property with retail, residential, and warehouse components.

1029 31 EAST Avenue, Erie, PA 16503

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$389,900

7,667 SF

Erie Mixed-Use Investment Opportunity

Mixed-use property with retail, residential, and warehouse components.

1029 31 EAST Avenue, Erie, PA 16503

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$499,000

2,300 SF

Lake Erie View Condo Residence

Sprawling condo with lake views, potential for rental income.

3302 BAER BEACH Road, Erie, PA 16505

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$2,750,000

13,200 SF

Erie Multifamily Investment Opportunity

Completely remodeled 18-unit building in downtown Erie.

38 N PARK Row, Erie, PA 16501

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$1,200,000

9,131 SF

Erie Mixed-Use Development Opportunity

4.25-acre mixed-use development site in a prime location.

4912 & 4916 W RIDGE Road, Erie, PA 16506

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$240,000

3,712 SF

Erie Fourplex with Parking

Well-maintained, fully occupied fourplex with ample parking in Erie, PA.

425-503 LIGHTHOUSE Street, Erie, PA 16507

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$150,000

4,398 SF

Erie Triplex in Strong Rental

Fully occupied triplex in Erie, PA with strong rental income.

1622-24 MYRTLE Street, Erie, PA 16502

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$1,899,900

15,948 SF

Historic Erie Mixed-Use Property

Revitalized mixed-use property in downtown Erie with income potential.

502/506 STATE Street, Erie, PA 16501

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$99,900

3,128 SF

Spacious Duplex with Income Potential

Side-by-side duplex offering investment or owner-occupied living.

717-717 1/2 W 18TH Street, Erie, PA 16502

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$139,500

1,840 SF

Turnkey Duplex in Erie, PA

Fully-occupied duplex with immediate returns and future upside.

406 RASPBERRY Street, Erie, PA 16502

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$125,000

1,744 SF

Erie Investment Property: Two Units

Two-unit investment property in Erie, PA, with off-street parking.

730 E 5TH Street, Erie, PA 16507

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$127,500

3,208 SF

Erie Three-Unit Multifamily Property

Fully occupied three-unit property with income potential in Erie, PA.

919 E 7TH Street, Erie, PA 16503

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$145,541

2,928 SF

Erie Investment Opportunity

Owner-occupied investment property with rental income potential.

828 E 31ST Street, Erie, PA 16504

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$150,000

2,310 SF

Well-Kept Two-Unit Property

Updated two-unit property with modern amenities and convenient location.

315 PARADE Street, Erie, PA 16507

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$169,900

6,236 SF

Erie Multifamily Investment Opportunity

Solid brick quadplex with off-street parking on oversized lot.

234 W 20TH Street, Erie, PA 16502

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$119,000

1,496 SF

Well-Maintained Duplex For Sale

Duplex with two units, new roof, and income potential.

914 HESS Avenue, Erie, PA 16503

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$3,799,900

68,288 SF

Erie Multifamily Investment Portfolio

71-unit investment portfolio with high cash flow.

71 UNIT INVESTMENT PACKAGE, Erie, PA 16502

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$117,500

1,540 SF

Renovated Two-Unit Income Property

Two-unit income property near AHN/St Vincent Hospital, renovated in 2019.

903 W 26TH Street, Erie, PA 16508

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$1,200,000

6,486 SF

Erie Mixed-Use Investment Opportunity

Mixed-use property with commercial units, apartments, and single-family home.

3214 W 8TH Street unit: 5, Erie, PA 16505

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$1,200,000

6,486 SF

Mixed-Use Property Near Presque Isle

Mixed-use property with commercial units, apartments, and single-family home.

3214 W 8TH Street, Erie, PA 16505

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$120,000

1,152 SF

Erie Income Property For Sale

Income property near schools and amenities in Erie, Pennsylvania.

3506 CHERRY Street, Erie, PA 16508

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Erie, PA Residential Income Properties Investment Opportunities Market Analysis

Explore 591 residential income properties for sale in Erie, PA, showcased through 38 active listings on our real estate platform. These investment opportunities span a total of 242,555 square feet of properties for sale, with an estimated market value of $20,641,541.

Sale prices for residential income properties in Erie, PA start at $45,000, averaging $557,879, 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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Operating Costs & Financing

Erie property taxes are above the county average by 0.49 percentage points. Average Loan-to-Value is 65.0%.

Effective Property Tax $35.87 per sq ft

Tax Rate 2.94%

Tax Rate vs County Average 0.49 pp above county avg

Avg Loan-to-Value 65.0%

Property Size Breakdown

Most commercial real estate listings in Erie range 100,000+ sqft.

New Listings Trend, 12 Mo

Number of new listings by month over the past year in Erie.

Leading Commercial Asset Segments

Erie Demographics Overview

Population 177K

Population Growth (5Y) -2.4%

Median Household Income $59,151

College Educated 37.6%

Top Neighborhoods for Investment

Discover the areas of Erie with the highest concentration of for-sale assets and compare their average market prices.

Neighborhood	Price Range	Average Price
16508	$1.1M - 1.1M	$1.1M

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Erie, PA Residential Income Properties for Sale

Wesleyville Borough 12-Unit Investment Property

Rare 12-unit multifamily property in a desirable Erie location.

Erie Restaurant, Bar and Apartment

Remodeled restaurant, bar, and apartment near Presque Isle.

Erie Investment Opportunity: Four Units

Mixed-Use Property with Warehouse Space

Erie Mixed-Use Investment Opportunity

Lake Erie View Condo Residence

Erie Multifamily Investment Opportunity

Erie Mixed-Use Development Opportunity

Erie Fourplex with Parking

Erie Triplex in Strong Rental

Historic Erie Mixed-Use Property

Spacious Duplex with Income Potential

Turnkey Duplex in Erie, PA

Erie Investment Property: Two Units

Erie Three-Unit Multifamily Property

Erie Investment Opportunity

Well-Kept Two-Unit Property

Erie Multifamily Investment Opportunity

Well-Maintained Duplex For Sale

Erie Multifamily Investment Portfolio

Renovated Two-Unit Income Property

Erie Mixed-Use Investment Opportunity

Mixed-Use Property Near Presque Isle

Erie Income Property For Sale

Erie, PA Residential Income Properties Investment Opportunities Market Analysis

Operating Costs & Financing

Property Size Breakdown

New Listings Trend, 12 Mo

Leading Commercial Asset Segments

Erie Demographics Overview

Top Neighborhoods for Investment

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