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    Erie, PA
    Residential Income

    Erie, PA Residential Income Properties for Sale

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    Mill Creek, PA Mckean, PA Fairview, PA Waterford, PA Scranton, PA Lake City, PA Girard, PA Harborcreek, PA
    55 properties
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    Duplex-Style Rental with Mobile Home
    Updated: Jul 7
    Duplex-Style Rental with Mobile Home

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

    $140,000
    1,981 sqft 0.33 AC lot
    Two parcels on one lot, including one mobile home and one apartment above a garage
    Income‑producing property as part of a 5‑property package (MLS # 191853–191857)
    Year built 2004 with frame construction
    Forced air heating; public water and public sewer
    Composition roof
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    This listing looks promising.

    Here's a quick look at some key insights for

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

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    • Est. Cap Rate

      8.7%
      Above avg (5.9%)

    • Est. NOI

      $12K
      Annual

    • Price @ 7% Cap

      $174K
      Above asking

    • Property Type

      Single Family Residence
      Built 1940
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    Turnkey Furnished Short-Term Rental Portfolio
    Updated: Jun 16
    Turnkey Furnished Short-Term Rental Portfolio

    243-257 W 26TH Street, Erie, PA 16508

    $1,349,600
    8,904 sqft
    10‑unit furnished short‑term rental portfolio across from Saint Vincent Hospital (4 buildings on the same block)
    Multiple HVAC/comfort systems include forced air heating and natural gas, with window unit cooling
    Construction materials include brick and frame; roof is asphalt
    Public utilities include public water and public sewer
    Renovations reported to include gutters, roofs, decks, covered front porch, electrical, plumbing, appliances, and select windows
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    Mobile Home Park and Rooming House
    Mobile Home Park and Rooming House

    3216 BUFFALO Road, Erie, PA 16510

    $899,900
    7,354 sqft 1.23 AC lot

    For sale multi-income residential property with 18 mobile home pads, 10 rental rooms, and one apartment on 1.23 acres.

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    Completely Remodeled Multifamily Building
    Completely Remodeled Multifamily Building

    38 N PARK Row, Erie, PA 16501

    $2,750,000
    13,200 sqft 0.08 AC lot

    Remodeled 17-unit residential building plus 1 commercial space with secure entry, 24/7 surveillance, and on-site laundry.

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    Mixed-Use Building with Three Retail Fronts
    Mixed-Use Building with Three Retail Fronts

    1521 STATE Street, Erie, PA 16501

    $299,900
    28,040 sqft

    Mixed-use building with three ground-floor retail storefronts and former upstairs apartments, plus ramp access and a roll-up door.

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    Mixed-Use Building with Retail Tenants
    Mixed-Use Building with Retail Tenants

    502/506 STATE Street, Erie, PA 16501

    $1,899,900
    15,948 sqft 0.15 AC lot

    Downtown mixed-use building with six total units, including two ground-floor retail tenants and updated improvements.

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    Corner Multifamily and Single-Family Property
    Corner Multifamily and Single-Family Property

    2 W 26 Street, Erie, PA 16503

    $399,900
    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 Income-Generating Property
    9-Unit Income-Generating Property

    437 W 4TH Street, Erie, PA 16507

    $224,900
    4,675 sqft 0.19 AC lot

    Nine-unit rental property with two apartments and seven sleeping rooms, plus off-street parking and a nearby vacant lot.

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    Mixed-Use Brick Building
    Mixed-Use Brick Building

    1202 W 18TH Street, Erie, PA 16502

    $199,900
    3,480 sqft

    Two-story brick building with a bar/restaurant on the first floor and two apartments above.

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    Convertible Two-Unit Condo Residence
    Convertible Two-Unit Condo Residence

    3302 BAER BEACH Road, Erie, PA 16505

    $469,000
    2,300 sqft

    First-floor unit can revert to two separate condos with sunroom, deck, and attached two-car garage.

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    Multi-Unit Retail Building
    Multi-Unit Retail Building

    1213-1219 State Street, Erie, PA 16501

    Contact for pricing
    46,400 sqft

    Multi-unit retail building offered for sale with approximately 46,400 SF of total space.

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    Three-Story Multifamily Building
    Three-Story Multifamily Building

    226 W 8TH Street, Erie, PA 16502

    $440,000
    5,805 sqft

    Eight-unit structure with off-street parking and sprinkler and security systems for steady rental-ready living arrangements.

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    Brick Two-Unit Residential Property
    Brick Two-Unit Residential Property

    102 E 38TH Street, Erie, PA 16504

    $219,900
    2,548 sqft 0.14 AC lot

    Brick two-unit property features updated windows, two-car detached garage, and a fenced yard with treated deck.

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    Historic Mixed-Use Apartment Building
    Historic Mixed-Use Apartment Building

    100 Boston Store Place, Erie, PA 16501

    Contact for pricing

    Historic building offers apartments with central lobby and in-unit laundry hookups above 27,000+ square feet of first-floor commercial space.

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    Remodeled Restaurant and Bar With Apartment
    Remodeled Restaurant and Bar With Apartment

    3040 W LAKE Road, Erie, PA 16505

    $525,000
    5,906 sqft 0.44 AC lot

    Turnkey remodeled restaurant and bar with an upstairs 3-bedroom apartment for diversified on-site use in Erie.

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    Two-Unit Residential Income Duplex
    Two-Unit Residential Income Duplex

    708 W 26TH Street, Erie, PA 16508

    $119,900
    1,976 sqft 0.06 AC lot

    Two-unit duplex for sale in Erie, PA, totaling 1,976 square feet and sited on a 0.0624-acre lot.

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    Residential Apartment Building
    Residential Apartment Building

    419 Oregon Ave, Erie, PA 16505

    Contact for pricing

    Apartment building in Erie, PA with long-term tenants and rent potential noted for Units 4 and 7.

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    Remodeled Restaurant and Bar
    Remodeled Restaurant and Bar

    3040 W LAKE Road, Erie, PA 16505

    $525,000
    5,906 sqft 0.44 AC lot

    Remodeled restaurant and bar includes a 25-tap beer system and substantial kitchen and bar equipment, plus an upstairs 3-bedroom apartment.

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    Residential Income Triplex
    Residential Income Triplex

    743 E 13TH Street, Erie, PA 16503

    $155,400
    2,640 sqft 0.08 AC lot

    Residential income property for sale, part of a five-property package offering multiple investment holdings.

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    Single-Family Home With Stream
    Single-Family Home With Stream

    181 ROBISON Road W, Erie, PA 16509

    $129,900
    1,824 sqft 1.04 AC lot

    Single-family property on just over an acre, with hardwood flooring, a wood-burning fireplace, and a black metal roof.

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    Two-Building Multifamily Property
    Two-Building Multifamily Property

    3082 W 12TH Street, Erie, PA 16505

    $1,299,900
    6,343 sqft 1.14 AC lot

    Two-building, 14-unit multifamily property with 12 one-bedrooms and two efficiencies, plus updates including roof, windows, doors, and dual boilers.

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    Fully Occupied Duplex Investment
    Fully Occupied Duplex Investment

    1347 W 8TH Street, Erie, PA 16502

    $125,000
    2,024 sqft 0.10 AC lot

    A fully occupied two-unit property in Northwest Erie, offering income through established tenants.

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    Two-Unit Residential Investment Property
    Two-Unit Residential Investment Property

    363 E 38TH Street, Erie, PA 16504

    $155,000
    1,416 sqft 0.12 AC lot

    Two-unit income property offered for sale, suited for owner-occupants seeking on-site rental income.

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    Renovated Fully Furnished Short-Term Rental
    Renovated Fully Furnished Short-Term Rental

    253 W 26TH Street, Erie, PA 16508

    $474,900
    3,132 sqft 0.20 AC lot

    Turnkey furnished short-term rental renovated throughout, with seller support for transferring existing bookings.

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    Erie, PA Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Erie, PA, showcased through 55 active listings on our real estate platform. These investment opportunities span a total of 353,010 square feet of properties for sale, with an estimated market value of $26,352,840.

    Sale prices for residential income properties in Erie, PA start at $64,900, averaging $506,785, 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 46
    Duplexes 22
    Apartment buildings 13
    Single family properties 13
    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 $146K
    16504 $153.9K
    16503 $196.9K
    16508 $270.7K
    16510 $431.2K

    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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    Popular Searches in Erie, PA

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    Most Searched ZIP Codes in Erie, PA

    • 16502
    • 16503
    • 16508
    • 16505
    • 16501
    • 16510
    • 16507
    • 16504
    • 16506
    • 16509

    Featured Erie Real Estate Agencies

    Realmo connects you with licensed Erie CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Agresti Real Estate
    2119 West 8th Street Erie, PA 16505
    Phone: 18144599400
    www.TryAgresti.com
    North Pittsburgh Realty LP
    2550 Village Common Drive Erie, PA 16506
    Phone: 17249338500
    Marsha Marsh Real Estate Services
    8840 Peach Street Erie, PA 16509
    Phone: 18148668840
    www.marshamarsh.com

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