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421 W 16TH Street Erie, PA $ 94,900
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$ 94,900 Get more info
421 W 16TH Street
$ 94,900
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421 W 16TH Street

Erie, PA, 16502
$ 94,900
Bedrooms5 Baths0.0 Sq 1,760

Monthly Estimate*

$ 592

421 W 16TH Street, Erie, PA 16502 - Image 1
421 W 16TH Street, Erie, PA 16502 - Image 2
421 W 16TH Street, Erie, PA 16502 - Image 3
421 W 16TH Street, Erie, PA 16502 - Image 4
421 W 16TH Street, Erie, PA 16502 - Image 5
421 W 16TH Street, Erie, PA 16502 - Image 6
421 W 16TH Street, Erie, PA 16502 - Image 7
421 W 16TH Street, Erie, PA 16502 - Image 8
421 W 16TH Street, Erie, PA 16502 - Image 9
421 W 16TH Street, Erie, PA 16502 - Image 10
421 W 16TH Street, Erie, PA 16502 - Image 11
421 W 16TH Street, Erie, PA 16502 - Image 12
421 W 16TH Street, Erie, PA 16502 - Image 13
421 W 16TH Street, Erie, PA 16502 - Image 14
421 W 16TH Street, Erie, PA 16502 - Image 15

Multi-Family Home for sale in Erie, PA

for $94,900 with 5 bedrooms. This 1,760 square foot home was built in 1887 on a lot size of 0.1234.

Great opportunity to add this solid duplex to your rental portfolio. Both units have been remodeled during ownership with the downstairs just being complete and rented the beginning of 2025. Fully occupied and ready to go. Garage in the back is currently boarded up and unusable, but could be fixed up for additional income. Unfortunately no FHA or VA financing will be considered on this property.

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Multi-Family Active

Price

$ 94,900

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 1,107

Style

Lot Size

0.1234

Year Built

1887

Town/City

Erie

County/Region

Erie

MLS | Web ID

188834
Features
General
Sewer Public Sewer
Possession Close Of Escrow
Construction Materials Frame
Security Deposit 2000
Township Erie
Property Subtype Multi Family
Tax Year 2025
County Erie
Property Type Residential Income
Status Active
Directions Property on south side of w 16th st between chestnut and walnut streets.
City Erie
Zoning Description R-2
MLS Area 3 - Erie Southwest
Lot Size Units Acres
Tax Annual Amount 1107
Standard Status Active
Tax Assessed Value 28000
Heating Gas Hot Water
Cooling None
High School District City-Erie
Middle/Junior School District City-Erie
Elementary School District City-Erie
Year Built 1887
Property Condition Resale
Roof Composition
Garage Spaces 0
Architectural Style Two Story
Stories Count 2
Levels Two
Gross Income 21600
Net Operating Income 15410
Insurance Expense 350
Number Of Units Total 2
MaintenanceExpense 2160
Water Sewer Expense 1200
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Interior
Air Conditioning Y/N false
Heating Y/N true
Total Bedrooms 5
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Exterior
Water Source Public
Lot Size Area 0.1234
Building Area Total 1760
Lot Dimensions 42x127x0x0
Lot Size Acres 0.1234
Road Surface Type Paved
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* Excluded Features
List By
Re/Max Lakeland Realty - Erie

Broker

brandonpenn89@gmail.com

Email

Affordability Calculator

$684
Per Month
87%
13%
0%
Monthly Principal & Interest
$592
Monthly Property Taxes
$92
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2358928 Elementary School
2358969 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/14/2025$94,900 Listed Price

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421 W 16TH Street, Erie, PA, 16502 is a Multi-Family Home for sale at $94,900 with 1,760 sqft and a lot size of 0.1234. 421 W 16TH Street has 5 bedrooms, 0.0 baths, and was built in 1887. The property's zip code is 16502 which is in Erie, PA

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