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263 W 18th Street

Erie, PA 16502
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Bed 12

Bed

Bath 0

Bath

SqFt2,822

Sqft

Acres0.05

Acre(Lot)

This 12-unit rooming house in Little Italy presents a rare chance to acquire a powerful cash-flowing asset. Each unit, from efficient 8x8 spaces to larger accommodations, is consistently rented, contributing to an impressive and reliable revenue stream. This property isn't just a building; it's a well-managed investment with a consistent rental history. Plus, a dedicated property manager, who has been with the property for years, is available to ensure a seamless transition and continued operational excellence, allowing for a hands-off approach if desired. This is an ideal, high-yield addition for an investor looking to expand their portfolio with a well-established rental property in a high-demand urban location.

Detail Ic Property Details

Property Type : Residential Income

Price : $225,000

AD Id : 87255410

MLS Id : 191781

Beds : 12

Lot Size : 0.05 Acre

Living Area Size : 2,822

Year Built : 1903

County : Erie

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Feature Features

  • Bedroom Information

    Total beds: 12
  • Roofing Information

    Composition
  • Interior Features

    Roof: Composition
  • Heating & Cooling

    Has Heating: Yes Heating: Hot Water Cooling: None

  • Building Information

    Year Built: 1903 Building Area Total: 2822 Construction Materials: Brick, Vinyl Siding Private Pool: No

  • Lot Information

    Lot Dimensions: 30x72x0x0 Main Square Feet: 0.0492 Acres Lot Size Acres: 0.0492 Lot Description: Corner Lot

  • Listing Price Information

    Listing Price: $225000

  • Tax Information

    Parcel Number: 19-060-005.0-221.00 Tax Year: 2026 Annual Tax: $6519

  • Location Information

    Direction: Sotheast corner of Myrtle and 18th street WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
307 W 22nd Street, Erie, PA, 16502 $134,900 4 2 2,384 2,384 SqFt
329 W 20th Street, Erie, PA, 16502 $89,900 5 -- 2,077 2,077 SqFt
2206 Cherry Street, Erie, PA, 16502 $169,900 4 -- 1,844 1,844 SqFt
226 W 8th Street, Erie, PA, 16502 $440,000 11 -- 5,805 5,805 SqFt
348 W 9th Street, Erie, PA, 16502 $175,000 4 -- 2,045 2,045 SqFt
519 W 8th Street, Erie, PA, 16502 $230,000 6 -- 2,736 2,736 SqFt
725-27 W 10th Street, Erie, PA, 16502 $180,000 6 -- 2,464 2,464 SqFt
406 Raspberry Street, Erie, PA, 16502 $134,900 5 -- 1,840 1,840 SqFt
1347 W 8th Street, Erie, PA, 16502 $125,000 4 -- 2,024 2,024 SqFt

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 06/30/2026 @ 23:35

MLS: 191781 LISTED BY: JP Hood, eXp Realty - Erie 888-397-7352 SOURCE: Greater Erie Board of REALTORS

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