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Sold for $75,000
  • $75,000

    550 E 22nd St, Erie, PA 16503

    6beds
    2baths
    1,860sqft
    Multi Family
    Built in 1913
    -- sqft lot
    $97,400 Zestimate®
    $40/sqft
    $939 Estimated rent

    Home value

    $97,400

    $74,000 - $123,000

    $939/mo

    Zestimate® history
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    What's special

    Awesome, consistent cash flowing property to add to your portfolio. Long term tenants that wish to stay, with fantastic payment history make this property a great option for a seasoned investor, or someone just getting into the game. Professionally managed and maintained. Management would be happy to stay on for the new owner.

    Zillow last checked:

    Listing updated:

    Listed by:

    Brandon Penn (814)833-9500,

    Keller Williams Realty

    Bought with:

    Korlyn Morais, RS362253

    Coldwell Banker Select - Peach

    Source: GEMLS,MLS#: 183583Originating MLS: Greater Erie Board Of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    Heating
    • Forced Air, Gas
    Cooling
    • None
    Interior area
    • Total structure area: 1,860
    • Total interior livable area: 1,860 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 4,051 Square Feet
    • Dimensions: 30 x 135 x 0 x 0
    • Features: Level
    Details
    • Parcel number: 18050021.0140.00
    • Zoning description: R-2

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Two Story
    • Property subtype: Multi Family
    Materials
    • Masonry, Vinyl Siding
    • Roof: Asphalt
    Condition
    • Good Condition,Resale
    • Year built: 1913

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Deposit fee: $2,000
    Location
    • Region: Erie

    Financial & listing details

    • Price per square foot: $40/sqft
    • Tax assessed value: $40,400
    • Annual tax amount: $1,597
    • Date on market: 4/30/2025
    • Cumulative days on market: 11 days
    • Listing terms: Cash
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/30/2025Sold$75,000+0.1%$40/sqft
    Source: GEMLS #183583 Report a problem
    5/11/2025Pending sale$74,900$40/sqft
    Source: GEMLS #183583 Report a problem
    4/30/2025Listed for sale$74,900-25%$40/sqft
    Source: GEMLS #183583 Report a problem
    9/20/2024Listing removed$99,900$54/sqft
    Source: Bright MLS #PAER2000086 Report a problem
    9/11/2024Listed for sale$99,900+122%$54/sqft
    Source: Bright MLS #PAER2000086 Report a problem
    6/4/2021Sold$45,000-10%$24/sqft
    Source: GEMLS #156622 Report a problem
    5/17/2021Pending sale$50,000$27/sqft
    Source: RE/MAX International #156622 Report a problem
    5/6/2021Listed for sale$50,000+150%$27/sqft
    Source: RE/MAX International #156622 Report a problem
    12/20/2018Listing removed$500
    Source: Posted by: Register Signs Report a problem
    11/28/2018Listed for rent$500-13%
    Source: Posted by: Register Signs Report a problem
    6/2/2015Listing removed$575
    Source: Register Signs Report a problem
    5/23/2015Listed for rent$575
    Source: Register Signs Report a problem
    2/6/2013Sold$20,000-20%$11/sqft
    Source: Public Record Report a problem
    8/22/2012Listed for sale$25,000$13/sqft
    Source: RE/MAX Real Estate Group Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,597 $40,400
    2024$1,597 +5.2%$40,400
    2023$1,519 +2.1%$40,400
    2022$1,487 $40,400
    2021$1,487 +95.4%$40,400
    2020$761 -44.9%$40,400
    2019$1,380 -12.8%$40,400
    2018$1,582 +3.6%$40,400
    2017$1,528 +0.7%$40,400
    2016$1,518 +15.9%$40,400
    2015$1,309 $40,400
    2014$1,309 +557.3%$40,400
    2013$199 +83.6%$40,400 +125.3%
    2012$108 $17,930
    2011$108 $17,930
    2010$108 +11%$17,930
    2009$98 $17,930
    2008-- $17,930
    2005$552 $17,930
    2004$552 $17,930
    2003-- $17,930
    Find assessor info on the county website

    Neighborhood: 16503

    Nearby schools

    GreatSchools rating
    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.

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    $97,400
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    With Zillow Showcase(estimated)
    $99,348