This 12-unit rooming house in Little Italy presents a rare chance to acquire a powerful cash-flowing asset. Each unit, from efficient 8x8 spaces to larger accommodations, is consistently rented, contributing to an impressive and reliable revenue stream. This property isn't just a building; it's a well-managed investment with a consistent rental history. Plus, a dedicated property manager, who has been with the property for years, is available to ensure a seamless transition and continued operational excellence, allowing for a hands-off approach if desired. This is an ideal, high-yield addition for an investor looking to expand their portfolio with a well-established rental property in a high-demand urban location.
For sale
$225,000
263 W 18th St, Erie, PA 16502
10beds
--baths
2,822sqft
Multi Family
Built in 1903
-- sqft lot
$226,200 Zestimate®
$80/sqft
$-- HOA
What's special
Larger accommodations
- 9 days |
- 249 |
- 16 |
Zillow last checked:
Listing updated:
Listed by:
JP Hood 814-392-2298,
eXp Realty - Erie 888-397-7352
Source: GEMLS,MLS#: 191781Originating MLS: Greater Erie Board Of Realtors
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
Heating
- Gas, Hot Water
Cooling
- None
Interior area
- Total structure area: 2,822
- Total interior livable area: 2,822 sqft
Property
Lot
- Size: 2,143 Square Feet
- Dimensions: 30 x 72 x 0 x 0
- Features: Corner Lot
Details
- Parcel number: 19060005.0221.00
- Zoning description: C-4
Construction
Type & style
- Home type: MultiFamily
- Architectural style: See Remarks
- Property subtype: Multi Family
Materials
- Brick, Vinyl Siding
- Roof: Composition
Condition
- Good Condition,Resale
- Year built: 1903
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Erie
Financial & listing details
- Price per square foot: $80/sqft
- Tax assessed value: $164,944
- Annual tax amount: $6,519
- Date on market: 6/29/2026
- Road surface type: Paved
Estimated market value
$226,200
$215,000 - $238,000
$1,587/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/29/2026 | Listed for sale | $225,000+14.8%$80/sqft |
Source: GEMLS #191781 Report a problem | ||
| 6/18/2021 | Sold | $196,000+8.9%$69/sqft |
Source: GEMLS #156188 Report a problem | ||
| 4/15/2021 | Pending sale | $180,000$64/sqft |
Source: GEMLS #156188 Report a problem | ||
| 4/12/2021 | Listed for sale | $180,000$64/sqft |
Source: GEMLS #156188 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/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: 16502
Nearby schools
GreatSchools rating
- 2/10Jefferson El SchoolGrades: PK-5Distance: 1.3 mi
- 4/10Wilson Middle SchoolGrades: 6-8Distance: 1.4 mi
- 1/10Erie High SchoolGrades: 9-12Distance: 0.9 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
- 16502
- 263 W 18th St



