501 LAKE Avenue Erie, PA ^$ 159,900

501 LAKE Avenue

^$ 159,900

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501 LAKE Avenue

Erie, PA, 16511

^$ 159,900

Bedrooms4 Baths2.0 Sq 1,910

Monthly Estimate*

^$ 985

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Single Family Home for sale in Erie, PA

for $159,900 with 4 bedrooms and 2 full baths. This 1,910 square foot home was built in 1951 on a lot size of 0.17.

Welcome to this North East Erie 4 bedroom Home, there is Hardwood under carpet in Living room, Roof and A/C new in 2024, Newer Windows, Bonus room on 2nd floor could be used as 5th Bedroom if needed. Relax on the 20'x21' covered rear patio overlooking your private back Yard. With a little TLC you could build equity fast.

Single Family Pending

Price

^$ 159,900

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 3,069

Style

Lot Size

0.17

Year Built

1951

Town/City

Erie

County/Region

Erie

MLS | Web ID

189267

Features

General

Sewer Public Sewer

Possession Close Of Escrow

Construction Materials Aluminum Siding

Security Deposit 4000

Township Erie

Property Subtype Single Family Residence

Tax Year 2025

County Erie

Property Type Residential

Attached Garage false

Garage Y/N true

Status Pending

Directions East Lake Road to 1900 block turn North on Lake Ave by Country Fair/ Across from Edison School

City Erie

Zoning Description R-1

MLS Area 2 - Erie Northwest

Lot Size Units Acres

Tax Annual Amount 3069

Home Warranty Y/N false

Standard Status Pending

Tax Assessed Value 77600

Heating Gas Multi-Fuel

Cooling See Remarks

High School District City-Erie

Middle/Junior School District City-Erie

Elementary School District City-Erie

Property Sub Type Additional Single Family Residence

Year Built 1951

Year Built Details Actual

Property Condition Good Condition Resale

Full Baths 2

Roof Composition

Garage Spaces 1

Architectural Style One and One Half Story

Levels One and One Half

Appliances Dishwasher Disposal Gas Oven

Total Rooms 10

Interior

Basement (Y/N) true

Heating Y/N true

Fireplace Y/N true

Total Baths 2

Total Bedrooms 4

Basement Full

Flooring Carpet Hardwood

Total Fireplaces 1

Half Baths 0

Fireplace Features Electric

Exterior

Water Source Public

Lot Size Area 0.17

Building Area Total 1910

Lot Dimensions 55x135x0x0

Lot Size Acres 0.17

Lot Features Level

Parking Features Detached Garage Garage Door Opener

Road Surface Type Paved

* Excluded Features

List By

Re/Max Real Estate Group East

Broker

donchandley@remax.net

Affordability Calculator

$1,240

Per Month

Monthly Principal & Interest: $985
Monthly Property Taxes: $256
Monthly Home Insurance: --

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Interest Rate

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Yearly 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

Trends
Schools

Single family listings in Erie, PA

Average List Price ^$244,080

Percent of Sale Price 53%

About Erie, PA

98,207 Population

-5% Since 2002

^$35,437 Median Income

35.3 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2358928 Elementary School

2358969 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/9/2026	$159,900		Listed Price

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501 LAKE Avenue, Erie, PA, 16511 is a Single Family Home for sale at $159,900 with 1,910 sqft and a lot size of 0.17. 501 LAKE Avenue has 4 bedrooms, 2.0 baths, and was built in 1951. The property's zip code is 16511 which is in Erie, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the Greater Erie Board of Realtors.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Greater Erie Board of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 2/27/2026.

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501 LAKE Avenue

Single Family Home for sale in Erie, PA

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