125 PARADE Street Erie, PA ^$ 137,900

125 PARADE Street

^$ 137,900

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125 PARADE Street

Erie, PA, 16507

^$ 137,900

Bedrooms4 Baths2.0 Sq 1,628

Monthly Estimate*

^$ 871

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Multi-Family Home for sale in Erie, PA

for $137,900 with 4 bedrooms and 2 full baths. This 1,628 square foot home was built in 1913 on a lot size of 0.0468.

Nicely maintained income property close to the bayfront. This two-unit property has been fully updated and maintained, with great rental history and one current tenant to start your investment. Improvements include newly updated electrical service, painted second floor unit, and appliances. Close to the bayfront, major employers, and downtown amenities. Here's your chance to get a piece of the historic east bayfront and enjoy owning a great property.

Multi-Family Pending

Price

^$ 137,900

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 1,234

Style

Lot Size

0.0468

Year Built

1913

Town/City

Erie

County/Region

Erie

MLS | Web ID

191126

Features

General

Sewer Public Sewer

Possession Close Of Escrow

Construction Materials Frame

Security Deposit 5000

Township Erie

Property Subtype Multi Family

Tax Year 2026

County Erie

Property Type Residential Income

Status Pending

Directions Parade Street north of 2nd Street.

City Erie

Zoning Description W-R

MLS Area 1 - Erie Northeast

Lot Size Units Acres

Tax Annual Amount 1234

Standard Status Pending

Tax Assessed Value 30200

Heating Forced Air Gas

Cooling None

High School District City-Erie

Middle/Junior School District City-Erie

Elementary School District City-Erie

Year Built 1913

Property Condition Resale

Roof Composition

Garage Spaces 0

Architectural Style Two Story

Stories Count 2

Levels Two

Gross Income 1650

Net Operating Income 14548

Number Of Units Total 2

Interior

Air Conditioning Y/N false

Heating Y/N true

Total Baths 2

Total Bedrooms 4

Exterior

Water Source Public

Lot Size Area 0.0468

Building Area Total 1628

Lot Dimensions 30x68x0x0

Lot Size Acres 0.0468

Total Parking 2

Lot Features Level

Road Surface Type Paved

* Excluded Features

List By

Coldwell Banker Select - Peach

Broker

jeremyb@eriemoves.com

Affordability Calculator

$974

Per Month

Monthly Principal & Interest: $871
Monthly Property Taxes: $103
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

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 ^$340,240

Percent of Sale Price 147%

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
7/9/2026	$137,900	-4.83%	Price Down
6/11/2026	$144,900	-6.52%	Price Down
5/26/2026	$155,000		Listed Price

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125 PARADE Street, Erie, PA, 16507 is a Multi-Family Home for sale at $137,900 with 1,628 sqft and a lot size of 0.0468. 125 PARADE Street has 4 bedrooms, 2.0 baths, and was built in 1913. 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 6.49% 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 8/6/2026.

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125 PARADE Street

Multi-Family Home for sale in Erie, PA

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