Excellent opportunity to add a solid income-producer to your portfolio. This well-maintained 4-unit property offers a stable tenant base and consistent cash flow from day one, making it an ideal choice for both seasoned investors and those looking to house-hack. Highly desirable property features include dedicated off-street parking and a rare, four-car off-street garage—offering excellent convenience for tenants and potential for additional rental income. All appliances are included. Four updated hot water tanks and four newer boilers. While currently generating steady returns, rents are below market rate, presenting the next owner with a clear, built-in path to optimize cash flow and capture immediate rental upside over time.
Pending
$134,900
2624 Parade St, Erie, PA 16504
4beds
4baths
4,585sqft
Quadruplex, Multi Family, Multi Family
Built in 1909
-- sqft lot
$-- Zestimate®
$29/sqft
$-- HOA
What's special
Rare four-car off-street garageAll appliances are includedDedicated off-street parkingFour newer boilers
- 42 days |
- 78 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Michael Nelson III (814)881-8108,
Coldwell Banker Select - Peach 814-453-4578,
Jennifer Nelson 814-572-6489,
Coldwell Banker Select - Peach
Source: GEMLS,MLS#: 191165Originating MLS: Greater Erie Board Of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Gas, Hot Water
Cooling
- None
Interior area
- Total structure area: 4,585
- Total interior livable area: 4,585 sqft
Property
Parking
- Total spaces: 8
- Parking features: Detached, Garage
- Garage spaces: 4
Lot
- Size: 5,000 Square Feet
- Dimensions: 40 x 125 x 0 x 0
- Features: Level
Details
- Parcel number: 18050078.0202.00
- Zoning description: R-2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Fourplex
- Property subtype: Quadruplex, Multi Family, Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt
Condition
- Resale
- Year built: 1909
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Erie
Financial & listing details
- Price per square foot: $29/sqft
- Tax assessed value: $80,300
- Annual tax amount: $3,282
- Date on market: 5/28/2026
- Cumulative days on market: 43 days
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Pending sale | $134,900$29/sqft |
Source: GEMLS #191165 Report a problem | ||
| 5/28/2026 | Listed for sale | $134,900+75.2%$29/sqft |
Source: GEMLS #191165 Report a problem | ||
| 7/2/2002 | Sold | $77,000$17/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,175 | $80,300 |
| 2024 | $3,175 +5.2% | $80,300 |
| 2023 | $3,018 +2.1% | $80,300 |
| 2022 | $2,955 | $80,300 |
| 2021 | $2,955 +95.4% | $80,300 |
| 2020 | $1,512 -44.9% | $80,300 |
| 2019 | $2,742 -12.8% | $80,300 |
| 2018 | $3,145 +3.6% | $80,300 |
| 2017 | $3,036 +0.7% | $80,300 |
| 2016 | $3,016 +15.9% | $80,300 |
| 2015 | $2,602 | $80,300 |
| 2014 | $2,602 +557.3% | $80,300 |
| 2013 | $396 -12.4% | $80,300 +7.5% |
| 2012 | $452 -80.4% | $74,700 |
| 2005 | $2,301 | $74,700 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 16504
Nearby schools
GreatSchools rating
- 2/10Jefferson El SchoolGrades: PK-5Distance: 0.7 mi
- 4/10Wilson Middle SchoolGrades: 6-8Distance: 0.4 mi
- 1/10Erie High SchoolGrades: 9-12Distance: 1.2 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Pennsylvania
- Erie County
- Erie
- 16504
- 2624 Parade St




