2206 WALLACE Street Erie, PA ^$ 99,000

2206 WALLACE Street

^$ 99,000

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Recently Listed

2206 WALLACE Street

Erie, PA, 16503

^$ 99,000

Bedrooms4 Baths2.0 Sq 1,968

Monthly Estimate*

^$ 610

2206 WALLACE Street, Erie, PA 16503 - Image 1

2206 WALLACE Street, Erie, PA 16503 - Image 2

Multi-Family Home for sale in Erie, PA

for $99,000 with 4 bedrooms and 2 full baths. This 1,968 square foot home was built in 1917 on a lot size of 0.0707.

Duplex ready for its next investor! This income-producing property features long-term tenants with a strong rental history, offering immediate cash flow and stability. Property has separate utilities.

Multi-Family Active

Price

^$ 99,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 1,322

Style

Lot Size

0.0707

Year Built

1917

Town/City

Erie

County/Region

Erie

MLS | Web ID

189843

Features

General

Sewer Public Sewer

Possession Close Of Escrow

Construction Materials Aluminum Siding

Security Deposit 2000

Township Erie

Property Subtype Duplex

Tax Year 2026

County Erie

Property Type Residential Income

Status Active

Directions South on Parade Street East on 22nd Turn right onto Wallace the property is on the right second property from the corner.

City Erie

Zoning Description R-1

MLS Area 1 - Erie Northeast

Lot Size Units Acres

Tax Annual Amount 1322

Standard Status Active

Tax Assessed Value 32330

Heating Forced Air Gas

Cooling None

High School District City-Erie

Middle/Junior School District City-Erie

Elementary School District City-Erie

Property Sub Type Additional Duplex

Year Built 1917

Property Condition Resale

Roof Composition

Garage Spaces 0

Architectural Style Duplex

Gross Income 18600

Net Operating Income 14921

Insurance Expense 1200

Number Of Units Total 2

Water Sewer Expense 1200

Structure Type Duplex

Interior

Air Conditioning Y/N false

Heating Y/N true

Total Baths 2

Total Bedrooms 4

Exterior

Water Source Public

Lot Size Area 0.0707

Building Area Total 1968

Lot Dimensions 35x86x0x0

Lot Size Acres 0.0707

Road Surface Type Paved

* Excluded Features

List By

Howard Hanna Erie Airport

Broker

jarvissanders@howardhanna.com

Affordability Calculator

$720

Per Month

Monthly Principal & Interest: $610
Monthly Property Taxes: $110
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

Multi-family listings in Erie, PA

Average List Price ^$359,778

Percent of Sale Price 263%

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
3/4/2026	$99,000		Listed Price

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2206 WALLACE Street, Erie, PA, 16503 is a Multi-Family Home for sale at $99,000 with 1,968 sqft and a lot size of 0.0707. 2206 WALLACE Street has 4 bedrooms, 2.0 baths, and was built in 1917. The property's zip code is 16503 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 3/6/2026.

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2206 WALLACE Street

Multi-Family Home for sale in Erie, PA

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