Sold for $165,000

$165,000

1251 E 38th St, Erie, PA 16504

2beds

2baths

2,896sqft

Multi Family

Built in 1925

-- sqft lot

$180,000 Zestimate^®

$57/sqft

$1,018 Estimated rent

Home value

$180,000

$155,000 - $211,000

$1,018/mo

Zestimate^® history

Owner options

List your home for rent

$1,018/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$1,018/mo

Rent Zestimate^®

Refinance and save

$1,160/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$1,160/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

Modern featuresOff-street parkingPaved rear lotCentral air conditioning

Investment Opportunity: Two-Unit Property in Prime East Side Location. This property offers a fantastic investment opportunity with a strong income stream. The first floor is occupied by a salon with a long-term lease, ensuring stable rental income. The second floor features a comfortable two-bedroom residential unit .Conveniently located on a high-traffic East Side street, this property boasts off-street parking with a paved rear lot. Both units are equipped with central air conditioning for year-round comfort. The first floor has been recently updated, showcasing modern features.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2

Heating

Forced Air, Gas

Cooling

Central Air

Interior area

Total structure area: 2,896
Total interior livable area: 2,896 sqft

Property

Parking

Total spaces: 9

Features

Levels: Two
Stories: 2

Lot

Size: 4,865 Square Feet
Dimensions: 41 x 117 x 0 x 0

Details

Parcel number: 18052015.0112.00
Zoning description: RLB

Construction

Type & style

Home type: MultiFamily
Architectural style: Two Story
Property subtype: Multi Family

Materials

Frame
Roof: Metal

Condition

Year built: 1925

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Deposit fee: $5,000

Location

Region: Erie

Financial & listing details

Price per square foot: $57/sqft
Tax assessed value: $65,200
Annual tax amount: $2,578
Date on market: 1/16/2025
Cumulative days on market: 87 days
Listing terms: Conventional
Road surface type: Paved

Price history

Date	Event	Price
4/15/2025	Sold	$165,000+3.2%$57/sqft
Source: GEMLS #181323 Report a problem
2/26/2025	Pending sale	$159,900$55/sqft
Source: GEMLS #181323 Report a problem
2/11/2025	Listed for sale	$159,900$55/sqft
Source: GEMLS #181323 Report a problem
2/8/2025	Pending sale	$159,900$55/sqft
Source: GEMLS #181323 Report a problem
1/16/2025	Listed for sale	$159,900-11.1%$55/sqft
Source: GEMLS #181323 Report a problem
9/30/2024	Listing removed	$179,900$62/sqft
Source: GEMLS #177213 Report a problem
5/21/2024	Listed for sale	$179,900$62/sqft
Source: GEMLS #177213 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,578	$65,200
2024	$2,578 +5.2%	$65,200
2023	$2,451 +2.1%	$65,200
2022	$2,399	$65,200
2021	$2,399 +95.4%	$65,200
2020	$1,228 -44.9%	$65,200
2019	$2,227 -12.8%	$65,200
2018	$2,554 +3.6%	$65,200
2017	$2,465 +0.7%	$65,200
2016	$2,449 +15.9%	$65,200
2015	$2,113	$65,200