For sale

Price cut: $20.9K (8/21)

$199,000

1401 State St APT 502, Erie, PA 16501

2beds

1,219sqft

$1,781/mo

Get pre-qualified

Condominium

Built in 1878

-- sqft lot

$193,800 Zestimate^®

$163/sqft

$352/mo HOA

What's special

Quartz countertopsCustom tile workModern renovationsFresh paintSecure building accessLaundry with modern updatesFarmhouse sink

Downtown Erie living with style, security, and convenience. This fully renovated condo in the Mercantile Building offers 2 bedrooms, 2 full baths and laundry with modern updates throughout. The custom kitchen features quartz countertops, new appliances, a farmhouse sink, and a clean, functional layout. Both bathrooms have been beautifully updated with custom tile work. Fresh paint, new vinyl and tile flooring, and thoughtful finishes give the space a crisp, move-in-ready feel. Enjoy the character of a historic building with the comfort of modern renovations. The condo fee covers water, sewer, garbage, exterior maintenance, snow removal, and lower level storage, making ownership simple and low-maintenance. Secure building access and off-street parking add peace of mind. Located in the heart of downtown Erie, close to restaurants, entertainment, the waterfront, events, and everything city living has to offer. A turnkey option in one of Erie’s most convenient locations.

104 days
595
33

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Description: Ceiling Fan,Suite,Vaulted,View,Walkin Closet
Level: First

Bedroom

Description: Ceiling Fan,Vaulted,View,Walkin Closet
Level: First

Primary bathroom

Description: Custom
Level: First

Dining room

Description: Island,Vaulted
Level: First

Other

Description: Custom
Level: First

Kitchen

Description: Vaulted
Level: First

Laundry

Description: Vaulted
Level: First

Living room

Description: Ceiling Fan,Vaulted,View
Level: First

Heating

Electric, Forced Air

Cooling

Heat Pump

Appliances

Included: Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Dryer, Washer

Features

Ceiling Fan(s), Intercom, Cable TV
Flooring: Ceramic Tile, Tile, Vinyl
Basement: None
Has fireplace: No

Interior area

Total structure area: 1,219
Total interior livable area: 1,219 sqft

Property

Features

Levels: One
Stories: 1
Exterior features: Handicap Accessible, Security Lighting

Lot

Features: Corner Lot

Details

Parcel number: 15020004.0203.73
Zoning description: C-3
Other equipment: Intercom

Construction

Type & style

Home type: Condo
Architectural style: One Story
Property subtype: Condominium

Materials

Frame, Masonry
Roof: Rubber

Condition

Excellent,Resale
Year built: 1878

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Sidewalks
Security: Fire Alarm, Smoke Detector(s)

HOA

Has HOA: Yes
Services included: Maintenance Structure, Sewer, Snow Removal, Trash, Water
HOA fee: $352 monthly

Location

Region: Erie

Financial & listing details

Price per square foot: $163/sqft
Tax assessed value: $133,700
Annual tax amount: $5,464
Date on market: 6/11/2026
Cumulative days on market: 82 days
Road surface type: Paved

Estimated market value

$193,800

$184,000 - $203,000

$1,311/mo

Price history

Date	Event	Price
8/21/2026	Price change	$199,000-9.5%$163/sqft
Source: GEMLS #191456 Report a problem
7/29/2026	Listed for sale	$219,900$180/sqft
Source: GEMLS #191456 Report a problem
7/6/2026	Pending sale	$219,900$180/sqft
Source: GEMLS #191456 Report a problem
6/11/2026	Listed for sale	$219,900+41.9%$180/sqft
Source: GEMLS #191456 Report a problem
5/10/2021	Sold	$155,000$127/sqft
Source: GEMLS #153584 Report a problem