For sale

Price cut: $30K (6/18)

$499,900

129-131 Erie St, Edinboro, PA 16412

6beds

4baths

8,997sqft

$3,362/mo

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Multi Family

Built in 1920

-- sqft lot

$482,200 Zestimate^®

$56/sqft

$-- HOA

What's special

Two street-level commercial storefrontsDual road frontageThree renovated residential apartmentsLarge rear parking area

Turnkey mixed-use investment in the heart of downtown Edinboro — all 5 units leased and cash flowing from day one. 129–131 Erie Street features two street-level commercial storefronts and three renovated residential apartments above, offering multiple income streams and a strong cap rate. Both commercial spaces are occupied by established, long-term tenants. Residential apartments have been updated by the seller and are fully leased. The property offers dual road frontage, a large rear parking area, and prime visibility on Edinboro's main corridor. Don't miss this rare opportunity to own a fully performing, income-producing property in one of Erie County's most charming small towns.

96 days

318

12

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4

Heating

Forced Air, Gas

Cooling

Central Air

Interior area

Total structure area: 8,997
Total interior livable area: 8,997 sqft

Property

Features

Levels: Two
Stories: 2

Lot

Size: 0.28 Acres
Dimensions: 56 x 216 x 0 x 0

Details

Parcel number: 11011036.0005.00
Zoning description: COMM-CORR

Construction

Type & style

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

Materials

Block, Vinyl Siding
Roof: See Remarks

Condition

Resale
Year built: 1920

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Edinboro

Financial & listing details

Price per square foot: $56/sqft
Tax assessed value: $172,800
Annual tax amount: $4,690
Date on market: 4/20/2026
Cumulative days on market: 97 days
Road surface type: Paved

Estimated market value

$482,200

$458,000 - $506,000

$1,233/mo

Price history

Date	Event	Price
6/18/2026	Price change	$499,900-5.7%$56/sqft
Source: GEMLS #190452 Report a problem
5/21/2026	Price change	$529,900-3.7%$59/sqft
Source: GEMLS #190452 Report a problem
4/20/2026	Listed for sale	$550,000+10%$61/sqft
Source: GEMLS #190452 Report a problem
4/1/2025	Listing removed	$500,000$56/sqft
Source: WPMLS #1678875 Report a problem
10/25/2024	Listed for sale	$500,000+11.1%$56/sqft
Source: GEMLS #180536 Report a problem
3/22/2024	Sold	$450,000-6.2%$50/sqft
Source: GEMLS #170530 Report a problem
11/6/2023	Pending sale	$479,900$53/sqft
Source: GEMLS #170530 Report a problem
8/9/2023	Listed for sale	$479,900$53/sqft
Source: GEMLS #170530 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,690 +3.1%	$172,800
2024	$4,548 +8.3%	$172,800
2023	$4,199 +2.5%	$172,800
2022	$4,095	$172,800
2021	$4,095 +132.1%	$172,800
2020	$1,764 -55.7%	$172,800
2019	$3,985 -17.8%	$172,800
2018	$4,847 +3.5%	$172,800
2017	$4,683 +0.9%	$172,800
2016	$4,640 +87%	$172,800
2015	$2,481	$172,800 +193.9%
2008	--	$58,800

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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