1521 STATE Street Erie, PA $ 299,900
1521 STATE Street
$ 299,900
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1521 STATE Street

Erie, PA, 16501
$ 299,900
Bedrooms10 Baths0.0 Sq 28,040

Monthly Estimate*

$ 1,847

1521 STATE Street, Erie, PA 16501 - Image 1
1521 STATE Street, Erie, PA 16501 - Image 2
1521 STATE Street, Erie, PA 16501 - Image 3
1521 STATE Street, Erie, PA 16501 - Image 4
1521 STATE Street, Erie, PA 16501 - Image 5
1521 STATE Street, Erie, PA 16501 - Image 6

Multi-Family Home for sale in Erie, PA

for $299,900 with 10 bedrooms. This 28,040 square foot home was built in 1921 on a lot size of 0.233.

Welcome to a rare mixed-use investment opportunity located in the heart of Erie’s bustling commercial corridor. With over 28,000 square feet of space ready for your vision, this high-exposure property is ideal for retail, redevelopment, or creative adaptive reuse. The ground floor features three retail storefronts along high-traffic State Street. One storefront is turnkey and ready to open, the second is partially built out, and the third offers a blank canvas for customization. Each offers street presence, signage opportunity, and solid foot traffic. Added functionality includes a roll-up garage door and ramp access, perfect for indoor parking, deliveries, or future flex space use. Upstairs, the building houses several former apartments waiting to be brought back to life—whether as market-rate housing, short-term rentals, or ???. The structure, scale, and location offer unlimited potential for the visionary investor or entrepreneur. Make your mark in Erie’s downtown resurgence.

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Multi-Family Active

Price

$ 299,900

Bedrooms

10

Property Type

Multi-Family

Taxes

$ 3,164

Style

Lot Size

0.233

Year Built

1921

Town/City

Erie

County/Region

Erie

MLS | Web ID

189004

Features
General
Sewer Public Sewer
Possession Close Of Escrow
Construction Materials Brick Block
Security Deposit 7500
Township Erie
Property Subtype Multi Family
Tax Year 2025
County Erie
Property Type Residential Income
Status Active
Directions 12th st to state st to south on state to property on left.
City Erie
Zoning Description C-2
MLS Area 1 - Erie Northeast
Lot Size Units Acres
Tax Annual Amount 3164
Standard Status Active
Tax Assessed Value 80000
Heating Forced Air Gas
Cooling Central Air
High School District City-Erie
Middle/Junior School District City-Erie
Elementary School District City-Erie
Year Built 1921
Property Condition Resale
Roof Rubber
Garage Spaces 0
Architectural Style See Remarks
Gross Income 240000
Net Operating Income 200000
Number Of Units Total 1
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Interior
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 10
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Exterior
Water Source Public
Lot Size Area 0.233
Building Area Total 28040
Lot Dimensions 73x149x72x149
Lot Size Acres 0.233
Road Surface Type Paved
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* Excluded Features
List By
Kw Flagship Realty

Broker

jim@jimbarbour.com

Email

Affordability Calculator

$2,110
Per Month
88%
12%
0%
Monthly Principal & Interest
$1,847
Monthly Property Taxes
$264
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
Pricing History
DatePricePrice ChangeDescription
12/3/2025$299,900 Listed Price

Map


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1521 STATE Street, Erie, PA, 16501 is a Multi-Family Home for sale at $299,900 with 28,040 sqft and a lot size of 0.233. 1521 STATE Street has 10 bedrooms, 0.0 baths, and was built in 1921. The property's zip code is 16501 which is in Erie, PA