1102-04 PARADE Street Erie, PA $ 485,000
1102-04 PARADE Street
$ 485,000
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1102-04 PARADE Street

Erie, PA, 16503
$ 485,000
Bedrooms5 Baths0.0 Sq 7,310

Monthly Estimate*

$ 2,986

1102-04 PARADE Street, Erie, PA 16503 - Image 1
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1102-04 PARADE Street, Erie, PA 16503 - Image 8

Multi-Family Home for sale in Erie, PA

for $485,000 with 5 bedrooms. This 7,310 square foot home was built in 1904 on a lot size of 0.08.

A six-unit money-making marvel awaits in the heart of the Parade Street Renaissance—where historic grandeur meets modern sensibility. Circa 1904, this architectural gem has been thoughtfully updated while preserving its undeniable character. Featuring four residential units and two commercial spaces, this distinguished property offers both diversity and stability in income streams. With a strong rental history and current rents intentionally below market value, there is immediate upside potential—already generating over $50,000 annually. A rare opportunity to acquire a property that is as lucrative as it is lovely. Indulge in the elegance, revel in the returns, and secure your place in one of the city’s most revitalized efforts!

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Multi-Family Active

Price

$ 485,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 3,679

Style

Lot Size

0.08

Year Built

1904

Town/City

Erie

County/Region

Erie

MLS | Web ID

190537

Features
General
Sewer Public Sewer
Possession Close Of Escrow Subject To Tenant Rights
Construction Materials Brick
Security Deposit 5000
Township Erie
Property Subtype Multi Family
Tax Year 2026
County Erie
Property Type Residential Income
Status Active
Directions corner of 11th and parade
City Erie
Zoning Description C-4
MLS Area 1 - Erie Northeast
Lot Size Units Acres
Tax Annual Amount 3679
Standard Status Active
Tax Assessed Value 90000
Heating Forced Air Gas
Cooling None
High School District City-Erie
Middle/Junior School District City-Erie
Elementary School District City-Erie
Year Built 1904
Year Built Details Estimate
Property Condition Resale
Roof Rubber
Garage Spaces 0
Architectural Style Row House
Gross Income 58200
Net Operating Income 54718
Number Of Units Total 6
Water Sewer Expense 2476
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Interior
Air Conditioning Y/N false
Heating Y/N true
Total Bedrooms 5
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Exterior
Water Source Public
Lot Size Area 0.08
Building Area Total 7310
Lot Dimensions 42x86x0x0
Lot Size Acres 0.08
Lot Features Corner Lot Level
Road Surface Type Paved
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* Excluded Features
List By
Re/Max Lakeland Realty - Erie

Broker

Max.Rankin@remax.net

Email

Affordability Calculator

$3,293
Per Month
91%
9%
0%
Monthly Principal & Interest
$2,986
Monthly Property Taxes
$307
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
4/23/2026$485,000 Listed Price

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1102-04 PARADE Street, Erie, PA, 16503 is a Multi-Family Home for sale at $485,000 with 7,310 sqft and a lot size of 0.08. 1102-04 PARADE Street has 5 bedrooms, 0.0 baths, and was built in 1904. The property's zip code is 16503 which is in Erie, PA