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4916 W RIDGE Road Erie, PA $ 375,000
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4916 W RIDGE Road
$ 375,000
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4916 W RIDGE Road

Erie, PA, 16506
$ 375,000
Bedrooms5 Baths2.0 Sq 1,984

Monthly Estimate*

$ 2,368

4916 W RIDGE Road, Erie, PA 16506 - Image 1
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Multi-Family Home for sale in Erie, PA

for $375,000 with 5 bedrooms and 2 full baths. This 1,984 square foot home was built in 1945 on a lot size of 1.1246.

Excellent investment and redevelopment opportunity at 4916 W Ridge Rd in Millcreek Township. The property currently features a two-unit residential rental, offering immediate income potential in a highly visible location along the heavily traveled West Ridge Road corridor. One tenant has been in place and is set up with guaranteed monthly payments coming in. The first floor unit boasts recent remodels. Pictures of second floor unit coming soon. Beyond its current income-producing use, the property offers significant long-term potential through its MU-2 zoning, Millcreek Township’s most permissive zoning designation. MU-2 allows for a broad range of potential uses. This includes multi-family residential, retail, office, service, medical, commercial, and mixed-use development, giving investors and developers considerable flexibility for the future. With over an acre to develop, the possibilities are endless.

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Multi-Family Active

Price

$ 375,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,110

Style

Lot Size

1.1246

Year Built

1945

Town/City

Erie

County/Region

Erie

MLS | Web ID

192970
Features
General
Sewer Public Sewer
Possession Subject To Tenant Rights
Construction Materials Aluminum Siding
Security Deposit 10000
Township Millcreek Township
Property Subtype Duplex
Tax Year 2026
County Erie
Property Type Residential Income
Attached Garage false
Garage Y/N true
Status Active
Directions On the north side of W Ridge Rd (route 20) right next to Curaleaf.
City Erie
Zoning Description M-2
MLS Area 5 - Millcreek N of W26
Lot Size Units Acres
Tax Annual Amount 3110
Standard Status Active
Tax Assessed Value 106500
Heating Forced Air Gas
Cooling Window Unit(s)
High School District Millcreek
Middle/Junior School District Millcreek
Elementary School District Millcreek
Property Sub Type Additional Duplex
Year Built 1945
Year Built Details Actual
Property Condition Resale
Roof Asphalt
Garage Spaces 1
Architectural Style Duplex
Gross Income 22800
Net Operating Income 17800
Number Of Units Total 2
Structure Type Duplex
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Interior
Air Conditioning Y/N true
Heating Y/N true
Total Baths 2
Total Bedrooms 5
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Exterior
Water Source Public
Lot Size Area 1.1246
Building Area Total 1984
Lot Dimensions 124x402x0x0
Lot Size Acres 1.1246
Total Parking 6
Lot Features Flat Irregular Lot See Remarks
Parking Features Detached Garage
Road Surface Type Paved
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* Excluded Features
List By
Agresti Real Estate

Broker

isaac@tryagresti.com

Email

Affordability Calculator

$2,627
Per Month
90%
10%
0%
Monthly Principal & Interest
$2,368
Monthly Property Taxes
$259
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
2358936 Elementary School
2358943 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/2/2026$375,000 Listed Price

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4916 W RIDGE Road, Erie, PA, 16506 is a Multi-Family Home for sale at $375,000 with 1,984 sqft and a lot size of 1.1246. 4916 W RIDGE Road has 5 bedrooms, 2.0 baths, and was built in 1945. The property's zip code is 16506 which is in Erie, PA

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