2931 MAPLE Street Erie, PA $ 360,000
2931 MAPLE Street
$ 360,000
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2931 MAPLE Street

Erie, PA, 16508
$ 360,000
Bedrooms6 Baths0.0 Sq 4,850

Monthly Estimate*

$ 2,273

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Multi-Family Home for sale in Erie, PA

for $360,000 with 6 bedrooms. This 4,850 square foot home was built in 1909 on a lot size of 0.12.

4-Unit, mixed-use investment package for sale. Comprised of 2 contiguous parcels totaling 4,850± SF on 0.12± acres with 1 commercial unit & 3 residential rentals. 50% occupancy with excellent income history. $35,445 annual income & $26,522 net operating income based on 2025; offered at $360,000 – 7.4% actual cap rate. Upside potential with below market rents. $46,113 pro forma annual income - $37,773 pro forma NOI – 10.5% pro forma cap rate. Unit mix includes 911± SF office/storefront, one 1 bedroom/1 bathroom apartment, one 2 bedroom/1 bathroom apartment & one 3 bedroom/1 bathroom single family home. Off-street parking for ±11 with paved parking lot for ±9 & private driveway plus on-street parking. All units are separately metered for gas &/or electric (1 unit all electric). Centrally located just 0.4 miles (3 blocks) from Erie High School. Near Peach Street’s retail/service corridor & multiple public bus routes. Zoned Traditional Single Family Development (R-1A) in the City of Erie.

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Multi-Family Active

Price

$ 360,000

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 4,965

Style

Lot Size

0.12

Year Built

1909

Town/City

Erie

County/Region

Erie

MLS | Web ID

192318

Features
General
Sewer Public Sewer
Possession Subject To Tenant Rights
Construction Materials Frame
Security Deposit 15000
Township Erie
Property Subtype Multi Family
Tax Year 2026
County Erie
Property Type Residential Income
Status Active
Directions Maple Street just south of W. 29th Street. Main parking lot on west side of Cherry Street just south of W. 29th Street at tee with Stafford Avenue.
City Erie
Zoning Description R-1A
MLS Area 3 - Erie Southwest
Lot Size Units Acres
Tax Annual Amount 4965
Standard Status Active
Tax Assessed Value 119810
Heating Gas Multi-Fuel
Cooling See Remarks
High School District City-Erie
Middle/Junior School District City-Erie
Elementary School District City-Erie
Year Built 1909
Year Built Details Estimate
Property Condition Average Condition Resale
Virtual Tour https://unbranded.visithome.ai/kZqp2HVeQBCaSKLTsHorQg?mu=ft
Roof See Remarks
Garage Spaces 0
Architectural Style See Remarks
Gross Income 46113
Net Operating Income 37773
Insurance Expense 2353
Number Of Units Total 4
Water Sewer Expense 942
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Interior
Heating Y/N true
Total Bedrooms 6
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Exterior
Water Source Public
Lot Size Area 0.12
Building Area Total 4850
Lot Dimensions 0x0x0x0
Lot Size Acres 0.12
Total Parking 11
Road Surface Type Paved
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* Excluded Features
List By
Sbre - Sherry Bauer Real Estate Services

Broker

sbauer@sherrybauerrealestate.com

Email

Affordability Calculator

$2,687
Per Month
85%
15%
0%
Monthly Principal & Interest
$2,273
Monthly Property Taxes
$414
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
7/30/2026$360,000 Listed Price

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2931 MAPLE Street, Erie, PA, 16508 is a Multi-Family Home for sale at $360,000 with 4,850 sqft and a lot size of 0.12. 2931 MAPLE Street has 6 bedrooms, 0.0 baths, and was built in 1909. The property's zip code is 16508 which is in Erie, PA