507 W 2ND Street Erie, PA ^$ 292,500

507 W 2ND Street

^$ 292,500

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507 W 2ND Street

Erie, PA, 16507

^$ 292,500

Studio Baths0.0 Sq 18,570

Monthly Estimate*

^$ 1,825

507 W 2ND Street, Erie, PA 16507 - Image 1

507 W 2ND Street, Erie, PA 16507 - Image 2

507 W 2ND Street, Erie, PA 16507 - Image 3

507 W 2ND Street, Erie, PA 16507 - Image 4

507 W 2ND Street, Erie, PA 16507 - Image 5

507 W 2ND Street, Erie, PA 16507 - Image 6

Studio

Lots and Land for sale in Erie, PA

for $292,500. This 18,570 square foot property was built on a lot size of 0.43.

Waterfront Residential zoning offers many uses: Single Family and Multi Family dwellings. Cleared and ready for building. Assemblage of 5 parcels being sold as 1. Includes17-040-018.0-207.00, 17-040-018.0-208.00 and 17-040-018.0-205.00. Assessment and taxes reflect all parcels. Views of Erie's Bayfront / Water. Great opportunity to take advantage of LERTA.

Lots and Land Active

Price

^$ 292,500

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 3,293

Style

Lot Size

0.43

Town/City

Erie

County/Region

Erie

MLS | Web ID

182401

Features

General

Sewer Public Sewer

Possession Close Of Escrow

Security Deposit 5000

Township Erie

Property Subtype Residential

Tax Year 2025

County Erie

Property Type Land

Status Active

Directions SW corner of W 2nd and Walnut Sts.

City Erie

Zoning Description W-R

MLS Area 2 - Erie Northwest

Lot Size Units Acres

Tax Annual Amount 3293

Standard Status Active

Tax Assessed Value 151060

High School District City-Erie

Middle/Junior School District City-Erie

Elementary School District City-Erie

Property Sub Type Additional Residential

View Water

Exterior

Water Source Public

Lot Size Area 0.43

Building Area Total 18570

Lot Dimensions 150x155x0x0

Lot Size Acres 0.43

Lot Features Cleared Views

* Excluded Features

List By

Paul Gornall

Listing Agent

Erie - Weichert, Realtors® - The Pro Group

Broker

Affordability Calculator

$2,099

Per Month

Monthly Principal & Interest: $1,825
Monthly Property Taxes: $274
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 6.375% 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

Lots and land listings in Erie, PA

Average List Price ^$215,428

Percent of Sale Price 26%

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
10/6/2025	$292,500		Listed Price

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507 W 2ND Street, Erie, PA, 16507 is a Lots and Land for sale at $292,500 with 18,570 sqft and a lot size of 0.43. 507 W 2ND Street is a studio with 0.0 baths. The property's zip code is 16507 which is in Erie, PA

Each Weichert® Franchised Office Is Independently Owned and Operated

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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 12/17/2025.

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507 W 2ND Street

Lots and Land for sale in Erie, PA

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