For sale

Price cut: $10K (9/12)

$324,900

1334 Nicholson St, Erie, PA 16509

5beds

3baths

1,845sqft

$2,406/mo

Get pre-qualified

Multi Family

Built in 1970

-- sqft lot

$313,100 Zestimate^®

$176/sqft

$-- HOA

What's special

Large corner lotLaundry hookups

Investment Opportunity! Fully occupied triplex in desirable Millcreek Township, conveniently located just minutes from Peach Street with easy access to shopping, restaurants, entertainment, and everyday amenities. Situated on a large corner lot, this income-producing property offers ample off-street parking for tenants and guests. Each unit is occupied, providing immediate cash flow, and tenants enjoy the convenience of laundry hookups. The property features one 1-bedroom apartment and two 2-bedroom apartments, with tenants paying electric and gas while the owner covers water and sewer. Whether you're looking to expand your investment portfolio or purchase your first multifamily property, this well-located, turnkey investment offers strong rental history and long-term potential.

61 days
440
15

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3

Heating

Forced Air, Gas

Cooling

None

Interior area

Total structure area: 1,845
Total interior livable area: 1,845 sqft

Property

Parking

Total spaces: 6

Features

Levels: One and One Half
Stories: 1.5

Lot

Size: 0.31 Acres
Dimensions: 152 x 127 x 37 x 172
Features: Corner Lot, Irregular Lot, Rolling Slope
Topography: Hill

Details

Parcel number: 33100440.0010.00
Zoning description: R-2

Construction

Type & style

Home type: MultiFamily
Architectural style: One and One Half Story
Property subtype: Multi Family

Materials

Vinyl Siding
Roof: Composition

Condition

Good Condition,Resale
Year built: 1970

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Erie

Financial & listing details

Price per square foot: $176/sqft
Tax assessed value: $134,590
Annual tax amount: $3,834
Date on market: 8/3/2026
Cumulative days on market: 62 days
Road surface type: Paved

Estimated market value

$313,100

$297,000 - $329,000

$1,533/mo

Price history

Date	Event	Price
9/12/2026	Price change	$324,900-3%$176/sqft
Source: GEMLS #192418 Report a problem
8/11/2026	Price change	$334,900-10.7%$182/sqft
Source: GEMLS #192418 Report a problem
8/3/2026	Listed for sale	$375,000+162.2%$203/sqft
Source: GEMLS #192418 Report a problem
2/7/2020	Sold	$143,000-7.7%$78/sqft
Source: GEMLS #148081 Report a problem
1/17/2020	Pending sale	$155,000$84/sqft
Source: RE/MAX Real Estate Group #148081 Report a problem
8/6/2019	Price change	$155,000-6.1%$84/sqft
Source: RE/MAX Real Estate Group #139547 Report a problem
5/7/2019	Listed for sale	$165,000+17.9%$89/sqft
Source: RE/MAX Real Estate Group #139547 Report a problem
8/12/2011	Sold	$140,000+7.7%$76/sqft
Source: Public Record Report a problem
12/16/2005	Sold	$130,000$70/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	$3,834 +1.9%	$134,590
2025	$3,762 +3.2%	$134,590
2024	$3,645 +8.9%	$134,590
2023	$3,347 +2.4%	$134,590
2022	$3,267	$134,590
2021	$3,267 +162%	$134,590
2020	$1,247 -60.4%	$134,590
2019	$3,145 -17.1%	$134,590
2018	$3,796 +3.8%	$134,590
2017	$3,657 +0.9%	$134,590
2016	$3,623 +217.3%	$134,590
2015	$1,142	$134,590
2014	$1,142 +72.1%	$134,590
2013	$664 +43.9%	$134,590 +76.7%
2012	$461	$76,190
2011	$461	$76,190
2010	$461 +11%	$76,190
2009	$415	$76,190
2008	--	$76,190
2005	$544 -1.3%	$76,190
2004	$551	$76,190
2003	--	$76,190