$329,900
PENDING

1224 W 7th St Erie, PA 16502

West Bayfront Neighborhood

Estimated payment $2,418/month

Total Views 1,931
6 Beds
4 Baths
3,297 Sq Ft
$100 Price per Sq Ft

About This Home

GREAT 4 UNIT INVESTMENT OPPORTUNITY! This very well-maintained multi-family property is ideally located close to Frontier Park, in a quiet & desirable neighborhood near the Bayfront Highway & the scenic Bayfront. The building features two spacious 2-bedroom, 1-bath units with bonus attic storage, & two charming 1-bedroom, 1-bath units—offering excellent rental flexibility. Each unit comes with its own private basement, providing tenants with additional storage or potential functional space. An on-site garage adds even more income potential, as it can be leased separately. Tenants pay all utilities! Whether you're expanding your portfolio or starting your investment journey, this property offers stable returns in a high-demand area. Enjoy peace of mind with a well-cared-for building in a strong rental market, with outdoor attractions & amenities just minutes away. Don’t miss out on this rare opportunity to own a solid investment! **HIGHEST AND BEST OFFERS DUE BY TUES 7/8 AT 5PM.**

Listing Agent

Jake Scheloske

Agresti Real Estate Brokerage Phone: (814) 449-7973 License #RS318016 Listed on: 07/03/2025

Agresti Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,086

Year Built

  • Built in 1947

Lot Details

  • 6,643 Sq Ft Lot
  • Lot Dimensions are 60x110x0x0

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,297 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

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

Community Details

  • 4 Units
  • Maintenance Expense $1,800

Listing and Financial Details

  • Assessor Parcel Number 17-041-001.0-213.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,086

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Directions: BAYFRONT HIGHWAY TO WEST 6th STREET. SOUTH ON JAPAN STREET ON THE CORNER OF WEST 7th & JAPAN.
  • Lot Size Acres: 0.1525
  • Road Surface Type: Paved
  • Attribution Contact: (814) 449-7973
  • Co List Office Phone: (814) 459-9400
  • MLS Status: Pending
  • Architectural Style: Two Story
  • Unit Levels: Two
  • Living Area: 3297.0
  • Year Built Details: Actual
  • Year Built: 1947
  • Tax Year: 2025
  • Special Features: None
  • Year Built: 1947

Interior Features

  • Total Bedrooms: 6
  • Stories: 2

Exterior Features

  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 2.0

Utilities

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

Schools

  • Junior High Dist: City-Erie

Lot Info

  • Parcel Number: 17-041-001.0-213.00
  • Lot Dimensions: 60x110x0x0
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-2

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Maintenance Expense: 1800.0

Tax Info

  • Tax Annual Amount: 7086.0

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2025 07/08/25 Pending -- -- --
07/03/2025 07/03/25 For Sale $329,900 +30.9% $100 / Sq Ft
07/08/2022 07/08/22 Sold $252,000 -10.0% $76 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
05/06/2022 05/06/22 For Sale $279,900 -- $85 / Sq Ft
Source: Greater Erie Board of REALTORS®

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Source: Greater Erie Board of REALTORS®

MLS Number: 185558

Greater Erie Board of REALTORS®

Pennsylvania Erie County Erie 16502 West Bayfront

1224 W 7th St, Erie, PA

This home is located at 1224 W 7th St, Erie, PA 16502 and is currently priced at $329,900, approximately $100 per square foot. This property was built in 1947. 1224 W 7th St is a home located in Erie County with nearby schools including Harding Elementary School, Strong Vincent Middle School, and Erie High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Erie Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Jake Scheloske
Listing Agent
Jake Scheloske
Section Image
Agresti Real Estate
(814) 764-0066