422 Walnut Street
Erie, PA 16507
5
Bed
3
Bath
2,144Sqft
0.07Acre(Lot)
Superb three-unit rental property in the heart of downtown Erie close to Gannon University with solid rental history. 3-bedroom unit upstairs currently rented by same tenant for almost 8 years. Lower two units freshly updated and ready to lease. Updates to the property include all new electrical wiring with separate service panels in each unit, new copper water supply lines, baseboard heat, windows, siding, soffits, gutters, roof (2013/2023), 3 new refrigerators, 2 new hot water tanks and other is newer, new carpeting in first floor 2-bedroom unit, new front sidewalk. Each unit has refrigerator, electric range, built-in microwave. Washer/dryer included in 2-bedroom unit, washer/dryer hookups in 3-bedroom unit.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bedroom Information
Total beds: 5Bathroom Information
Total Baths: 3 -
Roofing Information
Composition -
Interior Features
Roof: Composition -
Heating & Cooling
Has Heating: Yes Heating: Baseboard, Electric Has Cooling: Yes Cooling: Window Unit(s)
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Building Information
Year Built: 1892 Building Area Total: 2144 Construction Materials: Vinyl Siding Stories: 2 Private Pool: No
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Lot Information
Lot Dimensions: 40x82x0x0 Main Square Feet: 0.07 Acres Lot Size Acres: 0.07 Lot Description: Level
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Listing Price Information
Listing Price: $134900
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Tax Information
Parcel Number: 17-040-017.0-201.00 Tax Year: 2026 Annual Tax: $613
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Location Information
Direction: W. 12th St. to north on Cherry St., east on W. 10th St., north on Walnut St. House on the west side of the street. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 409 Ross Street, Erie, PA, 16507 | $99,000 | 4 | -- | 1,484 | 1,484 SqFt |
| 717 E 4th Street, Erie, PA, 16507 | $100,000 | 4 | -- | 2,136 | 2,136 SqFt |
| 714 E 4th Street, Erie, PA, 16507 | $100,000 | 6 | 2 | 1,584 | 1,584 SqFt |
| 520 E 2nd Street, Erie, PA, 16507 | $147,000 | 5 | -- | 1,496 | 1,496 SqFt |
| 415 E 3rd Street, Erie, PA, 16507 | $120,000 | 6 | -- | 2,592 | 2,592 SqFt |
| 125 Parade Street, Erie, PA, 16507 | $144,900 | 4 | 2 | 1,628 | 1,628 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 06/22/2026 @ 06:10
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