505 W 18TH Street Erie, PA ^$ 150,000

505 W 18TH Street

^$ 150,000

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Recently Listed

505 W 18TH Street

Erie, PA, 16502

^$ 150,000

Bedrooms4 Baths0.0 Sq 2,250

Monthly Estimate*

^$ 947

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Multi-Family Home for sale in Erie, PA

for $150,000 with 4 bedrooms. This 2,250 square foot home was built in 1857 on a lot size of 0.0776.

Great Investment Opportunity! Don’t miss this income-producing property. Well-maintained duplex situated on a double lot. The second lot is vacant offering additional land and potential for future use or development. Each unit has 2 bedrooms and 1 bathroom. Taxes for each lot is assessed separately.

Multi-Family Active

Price

^$ 150,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 1,737

Style

Lot Size

0.0776

Year Built

1857

Town/City

Erie

County/Region

Erie

MLS | Web ID

192869

Features

General

Sewer Public Sewer

Possession Subject To Tenant Rights

Construction Materials Aluminum Siding

Security Deposit 3000

Township Erie

Property Subtype Duplex

Tax Year 2025

County Erie

Property Type Residential Income

Status Active

Directions Between Cherry Street and Walnut Street.

City Erie

Zoning Description R-1

MLS Area 2 - Erie Northwest

Lot Size Units Acres

Tax Annual Amount 1737

Standard Status Active

Tax Assessed Value 43830

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 1857

Roof Metal

Garage Spaces 0

Architectural Style Duplex

Gross Income 43200

Net Operating Income 38500

Number Of Units Total 2

Water Sewer Expense 2000

Structure Type Duplex

Interior

Air Conditioning Y/N false

Heating Y/N true

Total Bedrooms 4

Exterior

Water Source Public

Lot Size Area 0.0776

Building Area Total 2250

Lot Dimensions 50x130x0x0

Lot Size Acres 0.0776

Road Surface Type Dirt

* Excluded Features

List By

Howard Hanna Erie Southwest

Broker

mariaortiz@howardhanna.com

Affordability Calculator

$1,092

Per Month

Monthly Principal & Interest: $947
Monthly Property Taxes: $145
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly 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

Trends
Schools

Multi-family listings in Erie, PA

Average List Price ^$318,061

Percent of Sale Price 112%

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
8/26/2026	$150,000		Listed Price

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505 W 18TH Street, Erie, PA, 16502 is a Multi-Family Home for sale at $150,000 with 2,250 sqft and a lot size of 0.0776. 505 W 18TH Street has 4 bedrooms, 0.0 baths, and was built in 1857. The property's zip code is 16502 which is in Erie, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

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 8/29/2026.

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505 W 18TH Street

Multi-Family Home for sale in Erie, PA

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