This exceptional investment opportunity features 17 residential units & 1 commercial space (18) ideally located in the heart of downtown Erie. Positioned w/in close proximity to Gannon University, Erie Insurance, UPMC, the Bayfront & a vibrant mix of restaurants & nightlife the property offers strong tenant demand & long-term stability. The building has been completely remodeled from basement to roof including updated flooring, windows, plumbing, electrical systems, & mechanicals ensuring low maintenance & modern efficiency. Each unit is thoughtfully designed most w/granite countertops & stainless steel appliances delivering a high-end living experience that attracts quality tenants. 24/7 surveillance system & secure entry access provides a safe & controlled environment for residents. Convenient on-site laundry. With 100% occupancy this turnkey asset presents a fantastic cash flow opportunity for investors seeking immediate returns & long-term appreciation in a prime location.
Pending
$2,750,000
38 N Park Row, Erie, PA 16501
3beds
3baths
13,200sqft
Multi Family
Built in 1868
-- sqft lot
$-- Zestimate®
$208/sqft
$-- HOA
What's special
Convenient on-site laundryUpdated flooringGranite countertopsStainless steel appliances
- 210 days
- 14
- 0
Zillow last checked:
Listing updated:
Listed by:
Jake Scheloske (814)449-7973,
Agresti Real Estate 814-459-9400
Source: GEMLS,MLS#: 190057Originating MLS: Greater Erie Board Of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Heating
- Electric, Forced Air
Cooling
- None
Interior area
- Total structure area: 13,200
- Total interior livable area: 13,200 sqft
Property
Features
- Levels: Three Or More
- Stories: 3
Lot
- Size: 3,484 Square Feet
- Dimensions: 21 x 165 x 0 x 0
Details
- Parcel number: 17040002.0110.00
- Zoning description: C-3
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Three Story
- Property subtype: Multi Family
Materials
- Brick, Block
- Roof: Rubber
Condition
- Resale,Updated/Remodeled
- Year built: 1868
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Erie
Financial & listing details
- Price per square foot: $208/sqft
- Tax assessed value: $406,900
- Annual tax amount: $13,730
- Date on market: 3/28/2026
- Cumulative days on market: 211 days
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,387/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/29/2026 | Pending sale | $2,750,000$208/sqft |
Source: GEMLS #190057 Report a problem | ||
| 3/28/2026 | Listed for sale | $2,750,000+1742.7%$208/sqft |
Source: GEMLS #190057 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 3/23/2018 | Listing removed | $600 |
Source: Owner Report a problem | ||
| 12/16/2017 | Listed for rent | $600 |
Source: Owner Report a problem | ||
| 2/17/2016 | Sold | $149,236$11/sqft |
Source: GEMLS #43566 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: 16501
Nearby schools
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.




