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Homes for Sale in Erie, PA with 5-Bedrooms

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  • /50

    $579,900

    • 5 Beds
    • 2.5 Baths
    • 1,924 Sq Ft

    4915 Grouse Hollow Dr, Erie, PA 16504

    More than meets the eye! This thoughtfully updated home reflects extensive, high-quality improvements throughout ownership and offers a flexible layout. There are 5 bedrooms, the 5th is in the lower level and currently being used as an office space. The open-concept design creates seamless flow, enhanced by updated flooring, modern appliances, and smart home technology. Custom fitted closets

    Steph Montgomery Coldwell Banker Select - Airport

    4915 Grouse Hollow Dr, Erie, PA 16504
  • /8

    $485,000

    • 5 Beds
    • 7,310 Sq Ft

    1102-04 Parade St, Erie, PA 16503

    A six-unit money-making marvel awaits in the heart of the Parade Street Renaissance—where historic grandeur meets modern sensibility. Circa 1904, this architectural gem has been thoughtfully updated while preserving its undeniable character. Featuring four residential units and two commercial spaces, this distinguished property offers both diversity and stability in income streams. With a strong

    Max Rankin RE/MAX Lakeland Realty - Erie

    1102-04 Parade St, Erie, PA 16503
  • /16

    $965,000

    • 12 Beds
    • 12 Baths
    • 9,120 Sq Ft

    3400 Francis St, Erie, PA 16510

    Discover a rare 12-unit investment opportunity tucked away on a quiet dead-end street in Wesleyville Borough, located within the highly desirable Iroquois School District. This well-maintained, family-owned asset offers massive cash flow potential with strong in-place fundamentals and clear upside. The property features oversized 1-bedroom, 1-bath units with full kitchens, spacious living rooms,

    Jake Scheloske Agresti Real Estate

    3400 Francis St, Erie, PA 16510
  • /9

    $1,200,000

    • 45 Beds
    • 23,690 Sq Ft

    22 Unit Investment Package, Erie, PA 16503

    This 22-unit investment portfolio with an additional vacant parcel is a high yield opportunity delivering real cash flow and strong returns. With an annual rent roll of $197,700 and expenses of just $51,465, the portfolio produces a solid NOI of $144,783, translating to an 12% cap rate, 28% cash-on-cash return, and 1.89 DSCR. The properties include a mix of 2, 3, 4, and 5-unit buildings across NE

    Natasha LeGrange Agresti Real Estate

    22 Unit Investment Package, Erie, PA 16503
  • /4

    $389,900

    • 6 Beds
    • 7,667 Sq Ft

    31 East Ave, Erie, PA 16507

    Positioned within a commercial zoning district allowing a variety of retail, office and service uses, this property includes two storefront units and six residential units (four 1 bedroom apartments and two efficiency units), all currently leased and generating steady income. This property also features a 30' x 40' warehouse/garage space offering additional flexibility for future rental income,

    Stephen Chiz Agresti Real Estate

    31 East Ave, Erie, PA 16507
  • /50

    $149,900

    • 7 Beds
    • 2 Baths
    • 4,144 Sq Ft

    631 Parade St, Erie, PA 16503

    Take advantage of this wonderful opportunity to add to your investment portfolio in Erie! This unique property has 2 full size brick buildings that have the old construction charm to them. They also have original hardwood floors throughout. The first building is 1500sq ft with 3 beds, 1 bath and a full basement. It has a gas fireplace, a new roof in 2019 and a new furnace as of 2021. The second

    Ron Kleppick KW Flagship Realty

    631 Parade St, Erie, PA 16503
  • /22

    $124,900

    • 5 Beds
    • 2 Baths
    • 2,112 Sq Ft

    1050 W 20th St, Erie, PA 16502

    Centrally located duplex in great condition with long history of stable tenancy. Separated gas and electric meters. Updated electric panels. Off street parking. Nice sized yard.

    Brian Eastman Howard Hanna Erie Airport

    1050 W 20th St, Erie, PA 16502
  • /38

    $2,450,000

    • 5 Beds
    • 7 Baths
    • 6,391 Sq Ft

    246 Niagara Point Dr, Erie, PA 16507

    DISCOVER UNPARALLELED LUXURY AND BREATHTAKING WATER VIEWS IN THIS CUSTOM BUILD BY RENAUD PECK SCHOLZ DESIGN HOME . STUNNING 5 BEDROOMS AND 5 FULL BATHS WITH 2 HALF BATHS SITUATED IN AN EXCLUSIVE GATED COMMUNITY. THIS HOME IS REMARKABLY MAINTAINED AND OFFERS THE PERFECT BLEND OF ELEGANCE AND COMFORT. THE OPEN CONCEPT DESIGN CREATES A SEAMLESS FLOW BETWEEN LIVING, DINING AREA AND GOURMET KITCHEN

    Marsha Marsh Marsha Marsh RES Peach

    246 Niagara Point Dr, Erie, PA 16507
  • /34

    $150,000

    • 5 Beds
    • 2 Baths
    • 1,500 Sq Ft

    222 Poplar St, Erie, PA 16507

    Located in Erie City's quickly developing Northwest Bayfront, this home is located just blocks from Presque Isle Bay, the Bayfront Promenade, and Gridley Park and is also within 1.0 to 1.4 miles of Gannon University, UPMC Hamot, Strong Vincent Middle School, and Frontier Park. This home was lived in, tenderly cared for, and loved by one pair of owners and their family from 1978 to 2023 at which

    Bear Desanctis Agresti Real Estate

    222 Poplar St, Erie, PA 16507
  • /15

    $125,000

    • 6 Beds
    • 1,744 Sq Ft

    730 E 5th St, Erie, PA 16507

    GREAT 2 UNIT INVESTMENT PROPERTY. BOTH UNITS HAVE 3 BEDROOMS WITH 1 BATHROOM. LARGE ROOMS WITH LOTS OF STORAGE AND NATURAL SUNLIGHT. FIRST FLOOR REMODELED FROM STUDS OUT. SECOND FLOOR HAS A LAUNDRY ROOM. LARGE YARD AND GREAT OFF STREET PARKING WITH SEVERAL SPACES AVAILABLE.

    Lisa Schwab Marsha Marsh RES Peach

    730 E 5th St, Erie, PA 16507
  • /36

    $150,000

    • 5 Beds
    • 4 Baths
    • 4,398 Sq Ft

    1622-24 Myrtle St, Erie, PA 16502

    Fully occupied three (3) - unit property / triplex located in a strong rental neighborhood at the corner of W 17th and Myrtle Sts on Erie City's west side. As of the posting of this listing, the property is fully rented and produces gross monthly rental income of $2675. The property would work well for a cash-flow oriented investor, owner-occupant(s) who wants to collect monthly rental income, or

    Bear Desanctis Agresti Real Estate

    1622-24 Myrtle St, Erie, PA 16502
  • /23

    $147,000

    • 5 Beds
    • 1,496 Sq Ft

    520 E 2nd St, Erie, PA 16507

    Income producing investment property. Two bedrooms and one bath in each unit. Both units currently are AirBNB. This is one of seven properties that could be purchased as a package. MLS # 184268, 184267, 184264, 184261, 184252, 184251, 184250

    Dan Cruz Agresti Real Estate

    520 E 2nd St, Erie, PA 16507
  • /9

    $180,000

    • 6 Beds
    • 2,464 Sq Ft

    725-27 W 10th St, Erie, PA 16502

    Great opportunity and a great location with this fully occupied 2 unit! All utilities have split meters including water. Vinyl windows throughout, lower front porch has been rebuilt and off street parking.

    Emily Bargielski Joe Herbert Realty

    725-27 W 10th St, Erie, PA 16502
  • /33

    $374,900

    • 5 Beds
    • 2 Baths
    • 2,405 Sq Ft

    4159 Knipper Ave, Erie, PA 16510

    Welcome to this spacious 5-bedroom, 2-bathroom ranch home in Harborcreek Township! The first floor features a recently updated kitchen and bathroom, along with 3 spacious bedrooms. Enjoy fresh flooring, paint, and appliances. The basement offers a fully functional living space with a new kitchen, a full bath, and two additional bedrooms with egress windows. This home includes practical upgrades

    J.P. Hood eXp Realty - Erie

    4159 Knipper Ave, Erie, PA 16510
  • /30

    $449,900

    • 7 Beds
    • 3,058 Sq Ft

    8571 Kirsch Rd, Erie, PA 16510

    A rare duplex opportunity in Erie that perfectly blends space, functionality, and natural beauty. This well-maintained property features two units - one offering 2 bedrooms (with a beautiful loft as the primary bedroom) & 1.5 baths. Making this property ideal for investors, multigenerational living or owner occupant seeking rental income potential. Each unit has a garage & a back deck perfect for

    Melanie Brewer Coldwell Banker Select - Peach

    8571 Kirsch Rd, Erie, PA 16510
  • /21

    $139,500

    • 5 Beds
    • 1,840 Sq Ft

    406 Raspberry St, Erie, PA 16507

    Don’t miss this chance to own a turnkey, income-producing property with immediate returns and future upside with this fully-occupied duplex, ideal for both seasoned investors and those looking to grow their portfolio. The property features two well-maintained units, with the first floor offering 2 bedrooms and 1 bath, and the second floor providing a spacious 3-bedroom, 1-bath layout. Both units

    Jake Scheloske Agresti Real Estate

    406 Raspberry St, Erie, PA 16507
  • /24

    $114,900

    • 5 Beds
    • 3 Baths
    • 2,040 Sq Ft

    818 Brown Ave, Erie, PA 16502

    Spacious multi-family property offering 5 bedrooms and 3 bathrooms across approximately 2,040 square feet, providing strong potential for both owner-occupants and investors. Built in 1873, this property blends classic character with functional living space and sits on a manageable city lot. With multiple units and solid rental potential, this is a great opportunity to generate income, expand your

    Jarvis Sanders Howard Hanna Erie Airport

    818 Brown Ave, Erie, PA 16502
  • /6

    $299,900

    • 13 Beds
    • 28,040 Sq Ft

    1521 State St, Erie, PA 16501

    Welcome to a rare mixed-use investment opportunity located in the heart of Erie’s bustling commercial corridor. With over 28,000 square feet of space ready for your vision, this high-exposure property is ideal for retail, redevelopment, or creative adaptive reuse. The ground floor features three retail storefronts along high-traffic State Street. One storefront is turnkey and ready to open, the

    Jim Barbour KW Flagship Realty

    1521 State St, Erie, PA 16501
  • /16

    $157,500

    • 5 Beds
    • 2,034 Sq Ft

    550 E 9th St, Erie, PA 16503

    Two houses on one lot. 3 bedrooms in the front house, 2 bedrooms in the back house. Fully occupied. This is one of seven properties that could be purchased as a package. MLS # 184268, 184267, 184264, 184261, 184252, 184251, 184250

    Dan Cruz Agresti Real Estate

    550 E 9th St, Erie, PA 16503
  • /39

    $169,900

    • 6 Beds
    • 4 Baths
    • 6,236 Sq Ft

    234 W 20th St, Erie, PA 16502

    Solid brick building with off-street parking situated on an oversized lot. The property features updated electric panels, a dry basement with shared coin-operated laundry, and recent roof improvements. One unit will be available at the end of September, while the remaining three units are fully occupied. Making this a fantastic investment opportunity with current income and future growth

    Stacey Santos RE/MAX Real Estate Group Erie

    234 W 20th St, Erie, PA 16502
  • /36

    $3,799,900

    • 110 Beds
    • 68,288 Sq Ft

    71 Unit Investment Package, Erie, PA 16502

    This 71-unit investment portfolio is a rare, cash-flowing machine with a current rent roll exceeding $54,000/month and $655,000+ annually. With actual expenses at just $218,000, you’re netting over $437,000/year in NOI — that’s an 11.5+% cap rate, 27% cash-on-cash return, and a 1.89 DSCR. The well-maintained properties include a mix of multi-units (9, 5, 4, 3, and several 2-units) and

    Jake Scheloske Agresti Real Estate

    71 Unit Investment Package, Erie, PA 16502
  • /44

    $2,750,000

    • 23 Beds
    • 18 Baths
    • 13,200 Sq Ft

    38 N Park Row, Erie, PA 16501

    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

    Jake Scheloske Agresti Real Estate

    38 N Park Row, Erie, PA 16501
  • /2

    $429,900

    • 11 Beds
    • 2 Baths
    • 2,000 Sq Ft

    3264 Lake Front Dr, Erie, PA 16505

    Once in a lifetime opportunity to own a lake front lot in Millcreek. Zoning Limited Lodging Overlay District.

    Thomas Smith Niagara Real Estate

    3264 Lake Front Dr, Erie, PA 16505
  • /3

    $95,000

    • 5 Beds
    • 2,077 Sq Ft

    329 W 20th St, Erie, PA 16502

    Unlock instant cash flow with this fully occupied three-unit property in West Erie, perfect for investors seeking immediate returns. Sold as-is, this property offers a unique opportunity for an owner to add their personal touch and increase value through renovations. Each unit is currently rented, providing a solid investment base. Don't miss out on this chance to enhance your portfolio with a

    J.P. Hood eXp Realty - Erie

    329 W 20th St, Erie, PA 16502
  • /2

    $1,200,000

    • 8 Beds
    • 6,486 Sq Ft

    3214 W 8th St Unit 5, Erie, PA 16505

    Incredible Investment Opportunity in the Heart of the Presque Isle Gateway! Now is your chance to own a well-established mixed-use property with exceptional visibility and income potential. Presque Isle Sports Ltd. features five fully rented commercial units, a spacious 2-bedroom loft apartment above the main building, a separate 4-bedroom single-family home, and a 2-bedroom mobile home — all

    Bob List Agresti Real Estate

    3214 W 8th St Unit 5, Erie, PA 16505
  • /50

    $1,199,900

    • 5 Beds
    • 5.5 Baths
    • 5,610 Sq Ft

    4969 Wolf Rd, Erie, PA 16505

    Beautiful Georgian Colonial brick mansion with over 3 acres on Wolf Road! 5 bedrooms, 5 bathrooms, multiple gas fireplaces and one wood burning. Second floor primary suite with walk in closet, sitting room with fireplace and balcony overlooking the property. 3 car attached garage and two more garages with 7 more spots located at the rear of lot.

    Levi Marsh Marsha Marsh RES West Ridge

    4969 Wolf Rd, Erie, PA 16505
  • /50

    $485,000

    • 5 Beds
    • 3.5 Baths
    • 2,650 Sq Ft

    614 Pasadena Dr, Erie, PA 16505

    Welcome to 614 Pasadena Drive—an exceptional 5-bedroom, 3 full and 1 half bath home ideally situated just a short walk from Lake Erie and Lakeshore Country Club and pool. From the moment you arrive, the tree-lined driveway and meticulously maintained landscaping create a striking first impression, setting the tone for everything this property has to offer.The exterior blends practicality with

    Andrea McIntosh BERKSHIRE HATHAWAY THE PREFERRED REALTY

    614 Pasadena Dr, Erie, PA 16505

Home Trends in Erie, PA

Housing Trends

Median Sale Price
$197,500
Median Single Family Sale Price
$195,000
Median Townhouse Sale Price
$110,000
Median 2 Bedroom Sale Price
$236,450
Median 1 Bedroom Sale Price
$110,000
Average Price Per Sq Ft
$146
Number of Homes for Sale
91
Last 12 months Home Sales
1,509
Months of Supply
0.70
Median List Price
$199,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
9%
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