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
Price cut: $15K (7/24)
$210,000
263 W 18th St, Erie, PA 16502
10beds
--baths
2,822sqft
Multi Family
Built in 1903
-- sqft lot
$206,000 Zestimate®
$74/sqft
$-- HOA
What's special
Larger accommodations
- 59 days |
- 147 |
- 8 |
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
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: $74/sqft
- Tax assessed value: $164,944
- Annual tax amount: $6,519
- Date on market: 6/29/2026
- Cumulative days on market: 60 days
- Road surface type: Paved
Estimated market value
Zestimate®
$206,000
Estimated sales range
$196,000 - $216,000
Rent Zestimate®
$1,033/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2026 | Price change | $210,000-6.7%$74/sqft |
Source: GEMLS #191781 Report a problem | ||
| 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
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
- $59,0003 bd1 ba1.4k sqft261 W 18th St, Erie, PA 16502Off Market
Save - $--3 bd1 ba900 sqft1804 Myrtle St, Erie, PA 16502Off Market
Save 
- $150,0005 bd2 ba1.8k sqft1809 Myrtle St, Erie, PA 16502For Sale By Owner
Save 
- $89,4004 bd2 ba1.6k sqft259 W 18th St, Erie, PA 16502Off Market
Save - $70,0004 bd2 ba1.4k sqft1813 Myrtle St, Erie, PA 16502Sold
Save - $110,000-- bd-- ba4.6k sqft301 W 18th St, Erie, PA 16502Sold
Save - $33,7003 bd1 ba1k sqft305 W 18th St, Erie, PA 16502Off Market
Save - $58,9001 bd-- ba888 sqft1815 Myrtle St, Erie, PA 16502Off Market
Save
A local agent can set up tours, give advice and negotiate with sellers.
