816 PAYNE Avenue Erie, PA ^$ 52,900

816 PAYNE Avenue

^$ 52,900

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Recently Listed

816 PAYNE Avenue

Erie, PA, 16503

^$ 52,900

Bedrooms4 Baths0.0 Sq 1,344

Monthly Estimate*

^$ 365

816 PAYNE Avenue, Erie, PA 16503 - Image 1

816 PAYNE Avenue, Erie, PA 16503 - Image 2

Multi-Family Home for sale in Erie, PA

for $52,900 with 4 bedrooms. This 1,344 square foot home was built in 1973 on a lot size of 0.2204.

Fixer-upper special! This property needs a little tender loving care... paint, flooring and maybe a few appliances. This is not a conversion, it was actually constructed as a two-unit side-by-side rental.

Multi-Family Active

Price

^$ 52,900

Bedrooms

Property Type

Multi-Family

Taxes

^$ 1,558

Style

Lot Size

0.2204

Year Built

1973

Town/City

Erie

County/Region

Erie

MLS | Web ID

194158

Features

General

Sewer Public Sewer

Possession Close Of Escrow

Construction Materials Vinyl Siding

Security Deposit 10000

Township Erie

Property Subtype Multi Family

Tax Year 2026

County Erie

Property Type Residential Income

Status Active

Directions From E Lake Road (SR 5) turn south onto Payne Ave. Take to 816 Payne Ave. Property is located on the west side of the street.

City Erie

Zoning Description R-2

MLS Area 1 - Erie Northeast

Lot Size Units Acres

Tax Annual Amount 1558

Standard Status Active

Tax Assessed Value 37600

Heating Forced Air Gas

Cooling None

High School District City-Erie

Middle/Junior School District City-Erie

Elementary School District City-Erie

Year Built 1973

Property Condition Resale

Roof Asphalt

Garage Spaces 0

Architectural Style One Story

Stories Count 1

Levels One

Gross Income 0

Net Operating Income 0

Number Of Units Total 2

Interior

Air Conditioning Y/N false

Heating Y/N true

Total Bedrooms 4

Exterior

Water Source Public

Lot Size Area 0.2204

Building Area Total 1344

Lot Dimensions 82x119x0x0

Lot Size Acres 0.2204

Road Surface Type Paved

* Excluded Features

List By

Passport Realty Llc

Broker

grubino@1passport.com

Affordability Calculator

$495

Per Month

Monthly Principal & Interest: $365
Monthly Property Taxes: $130
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% 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

Multi-family listings in Erie, PA

Average List Price ^$332,041

Percent of Sale Price 528%

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
11/6/2026	$52,900		Listed Price

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816 PAYNE Avenue, Erie, PA, 16503 is a Multi-Family Home for sale at $52,900 with 1,344 sqft and a lot size of 0.2204. 816 PAYNE Avenue has 4 bedrooms, 0.0 baths, and was built in 1973. The property's zip code is 16503 which is in Erie, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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 11/11/2026.

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816 PAYNE Avenue

Multi-Family Home for sale in Erie, PA

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