425-503 LIGHTHOUSE Street Erie, PA ^$ 240,000

425-503 LIGHTHOUSE Street

^$ 240,000

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425-503 LIGHTHOUSE Street

Erie, PA, 16507

^$ 240,000

Bedrooms8 Baths0.0 Sq 3,712

Monthly Estimate*

^$ 1,478

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Multi-Family Home for sale in Erie, PA

for $240,000 with 8 bedrooms. This 3,712 square foot home was built in 1971 on a lot size of 0.26.

Fully occupied and well maintained brick fourplex. Each unit has 2 bedrooms, 1st floor half bath, 2nd floor full bath, and separate basements. They also feature an eat-in kitchen with sliding doors to a separate patio area. This property includes an oversized parking lot able to fit at least 10 cars. New metal roof and vinyl fencing in the backyard. Tremendous property to add to your portfolio.

Multi-Family Active

Price

^$ 240,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 3,584

Style

Lot Size

0.26

Year Built

1971

Town/City

Erie

County/Region

Erie

MLS | Web ID

190369

Features

General

Sewer Public Sewer

Possession Close Of Escrow

Construction Materials Mixed

Security Deposit 5000

Township Erie

Property Subtype Multi Family

Tax Year 2026

County Erie

Property Type Residential Income

Status Active

Directions East Lake Road/Route 5 to North on Lighthouse Street. Property is on the right side of Lighthouse Street just below East Lake Road.

City Erie

Zoning Description R-2

MLS Area 1 - Erie Northeast

Lot Size Units Acres

Tax Annual Amount 3584

Standard Status Active

Tax Assessed Value 87700

Heating Forced Air Gas

Cooling None

High School District City-Erie

Middle/Junior School District City-Erie

Elementary School District City-Erie

Year Built 1971

Property Condition Good Condition Resale

Roof Metal

Garage Spaces 0

Architectural Style Two Story

Stories Count 2

Levels Two

Gross Income 36000

Net Operating Income 25916

Insurance Expense 1000

Number Of Units Total 4

MaintenanceExpense 1500

Water Sewer Expense 4000

Interior

Air Conditioning Y/N false

Heating Y/N true

Total Bedrooms 8

Exterior

Water Source Public

Lot Size Area 0.26

Building Area Total 3712

Lot Dimensions 108x105x0x0

Lot Size Acres 0.26

Total Parking 10

Lot Features Level

Road Surface Type Paved

Road Frontage Type Private Road

* Excluded Features

List By

Agresti Real Estate

Broker

connor@tryagresti.com

Affordability Calculator

$1,776

Per Month

Monthly Principal & Interest: $1,478
Monthly Property Taxes: $299
Monthly Home Insurance: --

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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 ^$330,937

Percent of Sale Price 38%

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
4/13/2026	$240,000		Listed Price

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425-503 LIGHTHOUSE Street, Erie, PA, 16507 is a Multi-Family Home for sale at $240,000 with 3,712 sqft and a lot size of 0.26. 425-503 LIGHTHOUSE Street has 8 bedrooms, 0.0 baths, and was built in 1971. The property's zip code is 16507 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 4/14/2026.

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425-503 LIGHTHOUSE Street

Multi-Family Home for sale in Erie, PA

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