This 2-unit property offers solid rental income potential. Each unit features separate entrances. Ideal for investors or owner-occupants looking to offset their mortgage with rental income. Don’t miss this opportunity to build equity and cash flow.
Sold for $46,000
$46,000
1005 Hess Ave, Erie, PA 16503
4beds
2baths
1,408sqft
Multi Family
Built in 1940
-- sqft lot
$49,500 Zestimate®
$33/sqft
$1,019 Estimated rent
Home value
$49,500
$43,000 - $57,000
$1,019/mo
Zestimate® history
Owner options
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$1,019/mo
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$1,019/mo
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$253/mo
Est. payment
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$253/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Chandra Khadka 814-218-4087,
KC Real Estate Services
Bought with:
Deborah Stahl, RS374458
RE/MAX Lakeland Realty - Erie
Source: GEMLS,MLS#: 184428Originating MLS: Greater Erie Board Of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air, Gas
Cooling
- None
Interior area
- Total structure area: 1,408
- Total interior livable area: 1,408 sqft
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 3,245 Square Feet
- Dimensions: 31 x 0 x 0 x 0
Details
- Parcel number: 15021002.0315.00
- Zoning description: R-2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Composition
Condition
- Resale
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Deposit fee: $2,500
Location
- Region: Erie
Financial & listing details
- Price per square foot: $33/sqft
- Tax assessed value: $39,210
- Annual tax amount: $1,550
- Date on market: 6/20/2025
- Cumulative days on market: 64 days
- Listing terms: Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2025 | Sold | $46,000-16.2%$33/sqft |
Source: GEMLS #184428 Report a problem | ||
| 7/4/2025 | Pending sale | $54,900$39/sqft |
Source: GEMLS #184428 Report a problem | ||
| 6/20/2025 | Listed for sale | $54,900+111.2%$39/sqft |
Source: GEMLS #184428 Report a problem | ||
| 8/15/2014 | Sold | $26,000$18/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $1,602 +3.4% | $39,210 |
| 2025 | $1,550 | $39,210 |
| 2024 | $1,550 +5.2% | $39,210 |
| 2023 | $1,474 +2.1% | $39,210 |
| 2022 | $1,443 | $39,210 |
| 2021 | $1,443 +95.4% | $39,210 |
| 2020 | $738 -44.9% | $39,210 |
| 2019 | $1,339 -12.8% | $39,210 |
| 2018 | $1,536 +3.6% | $39,210 |
| 2017 | $1,483 +0.7% | $39,210 |
| 2016 | $1,473 +15.9% | $39,210 |
| 2015 | $1,271 | $39,210 |
| 2014 | $1,271 +557.3% | $39,210 |
| 2013 | $193 -7.7% | $39,210 +13.2% |
| 2012 | $210 | $34,630 |
| 2011 | $210 | $34,630 |
| 2010 | $210 +11% | $34,630 |
| 2009 | $189 | $34,630 |
| 2008 | -- | $34,630 |
| 2005 | $1,067 +1494.5% | $34,630 |
| 2004 | $67 | $34,630 |
| 2003 | -- | $34,630 |
Find assessor info on the county website
Neighborhood: 16503
Nearby homes
- $69,8005 bd2 ba1.9k sqft1003 Hess Ave, Erie, PA 16503Off Market
- $86,5005 bd2 ba1.6k sqft1007 Hess Ave, Erie, PA 16503Off Market
- $104,9006 bd2 ba1.3k sqft1009 Hess Ave, Erie, PA 16503Off Market
- $35,6004 bd2 ba1.9k sqft1011 Hess Ave, Erie, PA 16503Off Market
- $106,8004 bd2 ba2.2k sqft1309 E 10th St, Erie, PA 16503Off Market
- $--2 bd1 ba-- sqft1309 E 10th St #1, Erie, PA 16503Off Market
- $40,0005 bd2 ba1.5k sqft1015 Hess Ave, Erie, PA 16503Sold
- $---- bd-- ba-- sqft1320 E 11th St, Erie, PA 16503Off Market
Nearby schools
GreatSchools rating
- 3/10Edison Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 3/10East Middle SchoolGrades: 6-8Distance: 0.3 mi
- 1/10Erie High SchoolGrades: 9-12Distance: 2.7 mi
Schools provided by the listing agent
- District: City-Erie
Source: GEMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$49,500
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$50,490
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$49,500
2% more
+$990
With Zillow Showcase(estimated)
$50,490
- Pennsylvania
- Erie County
- Erie
- 16503
- 1005 Hess Ave
