3400 FRANCIS Street Erie, PA $ 965,000
3400 FRANCIS Street
$ 965,000
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3400 FRANCIS Street

Erie, PA, 16510
$ 965,000
Bedrooms12 Baths12.0 Sq 9,120

Monthly Estimate*

$ 5,942

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Multi-Family Home for sale in Erie, PA

for $965,000 with 12 bedrooms and 12 full baths. This 9,120 square foot home was built in 1979 on a lot size of 0.293.

Discover a rare 12-unit investment opportunity tucked away on a quiet dead-end street in Wesleyville Borough, located within the highly desirable Iroquois School District. This well-maintained, family-owned asset offers massive cash flow potential with strong in-place fundamentals and clear upside. The property features oversized 1-bedroom, 1-bath units with full kitchens, spacious living rooms, private balconies, and A/C in each unit. Tenants pay all utilities except sewer and garbage, keeping expenses low with separately metered systems throughout. Positioned with peaceful creek views and off-street parking, the setting delivers both tenant appeal and long-term stability. This is a true sleeper—rarely do properties like this hit the market. Whether you're looking to expand your portfolio or step into a high-performing asset, this is your chance to unlock serious value.

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Multi-Family Active

Price

$ 965,000

Bedrooms

12

Full Bath

12

Property Type

Multi-Family

Taxes

$ 11,639

Style

Lot Size

0.293

Year Built

1979

Town/City

Erie

County/Region

Erie

MLS | Web ID

190078

Features
General
Sewer Public Sewer
Possession Subject To Tenant Rights
Construction Materials Vinyl Siding
Security Deposit 25000
Township Wesleyville Borough
Property Subtype Multi Family
Tax Year 2026
County Erie
Property Type Residential Income
Status Active
Directions In Wesleyville Station Rd. east on Francis St.
City Erie
Zoning Description R-3
MLS Area 15 - Harborcrk/Wesleyvill/Law Pk
Lot Size Units Acres
Tax Annual Amount 11639
Standard Status Active
Tax Assessed Value 242500
Heating Forced Air Gas
Cooling Central Air
High School District Iroquois
Middle/Junior School District Iroquois
Elementary School District Iroquois
Year Built 1979
Year Built Details Actual
Property Condition Good Condition Resale
Roof Composition
Garage Spaces 0
Architectural Style Two Story
Stories Count 2
Levels Two
Gross Income 93060
Net Operating Income 66100
Insurance Expense 2100
Number Of Units Total 1
View Water
MaintenanceExpense 4653
Water Sewer Expense 5016
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Interior
Air Conditioning Y/N true
Heating Y/N true
Total Baths 12
Total Bedrooms 12
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Exterior
Water Source Public
Lot Size Area 0.293
Building Area Total 9120
Lot Dimensions 125x115x0x0
Lot Size Acres 0.293
Total Parking 14
Lot Features Dead End Stream/Creek Views
Road Surface Type Paved
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* Excluded Features
List By
Agresti Real Estate

Broker

jake@tryagresti.com

Email

Affordability Calculator

$6,912
Per Month
86%
14%
0%
Monthly Principal & Interest
$5,942
Monthly Property Taxes
$970
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
4793567 Elementary School
4793569 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/27/2026$965,000 Listed Price

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3400 FRANCIS Street, Erie, PA, 16510 is a Multi-Family Home for sale at $965,000 with 9,120 sqft and a lot size of 0.293. 3400 FRANCIS Street has 12 bedrooms, 12.0 baths, and was built in 1979. The property's zip code is 16510 which is in Erie, PA