$127,000
$8K PRICE DROP

312-312 1/2 & 312 1/ Arch St Meadville, PA 16335

Estimated payment $851/month

Total Views 29,355
5 Beds
3 Baths
2,220 Sq Ft
$57 Price per Sq Ft

About This Home

Centrally located 3 unit apartment building with separate gas, electric and water meters! Low maintenace exterior with vinyl siding and metal roof. First and second floor 2 bedroom units and an up and down 1 BR unit at back of building. No leases. Property has been surveyed. Current rents are low but projected rents make this a very lucrative investment!

Listing Agent

Richard 'Biff' Kress

RE/MAX Hometown Realty Brokerage Phone: (814) 333-1141 License #RM421637 Listed on: 05/26/2025

RE/MAX Hometown Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,772

Year Built

  • Built in 1930

Lot Details

  • 2,374 Sq Ft Lot
  • Lot Dimensions are 44x50x44x50

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,220 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 35-0-022574

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $403
  • Maintenance Expense $2,443

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,772

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Directions: From Diamond in Mdvle. S on S. Main. Rt onto Arch. 2nd property on Left.
  • Lot Size Acres: 0.0545
  • Road Surface Type: Paved
  • Attribution Contact: (814) 333-1141
  • Co List Office Phone: (814) 333-1141
  • MLS Status: Active
  • Architectural Style: Two Story
  • Unit Levels: Two
  • Living Area: 2220.0
  • Year Built Details: Estimate
  • Year Built: 1930
  • Tax Year: 2025
  • Special Features: None
  • Year Built: 1930

Interior Features

  • Total Bedrooms: 5
  • Stories: 2

Exterior Features

  • Construction Type: Vinyl Siding

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Insurance Expense: 403.0

Schools

  • Junior High Dist: Crawford Central

Lot Info

  • Parcel Number: 35-0-022574
  • Lot Dimensions: 44x50x44x50
  • ResoLotSizeUnits: Acres
  • Zoning Description: MU

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Maintenance Expense: 2443.0

Tax Info

  • Tax Annual Amount: 1772.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $790 $16,900 $1,350 $15,550
2024 $976 $16,900 $1,350 $15,550
2023 $1,010 $16,900 $1,350 $15,550
2022 $1,677 $16,900 $1,350 $15,550
2021 $1,646 $16,900 $1,350 $15,550
2020 $1,629 $16,900 $1,350 $15,550
2019 $1,629 $16,900 $1,350 $15,550
2018 $1,565 $16,900 $1,350 $15,550
2017 $1,552 $16,900 $1,350 $15,550
2016 $689 $16,900 $1,350 $15,550
2015 $689 $16,900 $1,350 $15,550
2014 -- $16,900 $1,350 $15,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 Price Changed $127,000 -5.9% $57 / Sq Ft
05/26/2025 05/26/25 For Sale $135,000 -- $61 / Sq Ft
Source: Greater Erie Board of REALTORS®

Mortgage History

Date Status Loan Amount Loan Type
Closed $100,000 Commercial
Closed $24,500 Stand Alone Refi Refinance Of Original Loan
Closed $40,000 Unknown
Source: Public Records

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Source: Greater Erie Board of REALTORS®

MLS Number: 183922

Greater Erie Board of REALTORS®

APN: 35-0-022574