Pending

2624 Parade Street

Erie, PA 16504

$134,900 $568/Mo

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Overview

Bed

Bath

4,585

Sqft

0.11

Acre(Lot)

Description

Excellent opportunity to add a solid income-producer to your portfolio. This well-maintained 4-unit property offers a stable tenant base and consistent cash flow from day one, making it an ideal choice for both seasoned investors and those looking to house-hack. Highly desirable property features include dedicated off-street parking and a rare, four-car off-street garage—offering excellent convenience for tenants and potential for additional rental income. All appliances are included. Four updated hot water tanks and four newer boilers. While currently generating steady returns, rents are below market rate, presenting the next owner with a clear, built-in path to optimize cash flow and capture immediate rental upside over time.

Property Details

Property Type : Residential Income

Price : $134,900

AD Id : 79465415

MLS Id : 191165

Beds : 4

Lot Size : 0.11 Acre

Living Area Size : 4,585

Year Built : 1909

Garage : 4

County : Erie

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 4

Bathroom Information

Total Baths: 4
Roofing Information

Asphalt
Interior Features

Roof: Asphalt
Heating & Cooling

Has Heating: Yes Heating: Hot Water Cooling: None

Building Information

Year Built: 1909 Building Area Total: 4585 Construction Materials: Vinyl Siding Private Pool: No

Lot Information

Lot Dimensions: 40x125x0x0 Main Square Feet: 0.1148 Acres Lot Size Acres: 0.1148 Lot Description: Level

Listing Price Information

Listing Price: $134900

Tax Information

Parcel Number: 18-050-078.0-202.00 Tax Year: 2026 Annual Tax: $3282

Parking Information

Parking Total: 8 Detached, Garage

Garage Information

Has Garage: Yes Garage Space: 4

Location Information

Direction: Pine Ave. turns into Parade St. Property is on west side of the street between E. 26th and E. 27th. WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
363 E 38th Street, Erie, PA, 16504	$155,000	3	--	1,416	1,416 SqFt
443 E 27 Th Street, Erie, PA, 16504	$134,900	3	--	2,292	2,292 SqFt

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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of Greater Erie Board of REALTORS®, Inc. Information deemed reliable but not guaranteed. Any use of search functions of data on the site, other than by a consumer looking to purchase real estate, is prohibited. Copyright © 2026 Greater Erie Board of REALTORS®, Inc. All rights reserved.

ByOwner last updated this listing 06/18/2026 @ 05:32

MLS: 191165 LISTED BY: Michael Nelson, Coldwell Banker Select - Peach 814-453-4578 SOURCE: Greater Erie Board of REALTORS