902 W 4th St · Erie, PA 16507

$145,000

3 bd · 2.0 ba · 1,729 sqft · MultiFamily public records · 31 Days on market

Built 1882 3,920 sqft lot Est $135k · 8% over

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Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• DSCR +10.0/10.0
• 1% rule +9.0/10.0
• Appreciation +7.1/10.0
• Livability +4.2/5.0
• ARV discount +4.1/15.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 1 unit. estimate disagrees with records

Listing remarks MLS

Great location in NW Erie close to bay front, downtown activities, and Gannon University. This versatile home has been most recently used as a single family, but could easily be converted back to a 2-unit. Second floor could be a perfect in-law set up or ideal space for guests or teens. Recently updated kitchens and baths, roof, windows, and electric. New carpeting, vinyl plank flooring, and ceramic tile flooring in both baths. Decorative touches throughout -- from the "industrial" look beamed ceiling and light fixtures in the 1st flr living/dining rooms, to the farmhouse style doors in bath and bedroom, to the vaulted ceiling in the 1st flr kitchen. There's space for stackable washer and dryer in first floor bath. Enclosed back porch for relaxing and additional side porch. Full basement with out entry, two furnaces, two hot water tanks and two circuit breaker boxes. Outdoor shed for storage. Plenty of off street parking. Worth a look! Property cross listed as investment MLS #170449

Key facts

• Totally remodeled
• Newer roof
• Storage shed

Tags

• TOTALLY REMODELED
• NEWER ROOF
• NEWER WINDOWS
• FULLY EQUIPPED KITCHENS
• AMPLE OFF STREET PARKING
• STORAGE SHED

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath multifamily listed at $145k.

Deal economics

• At list price, monthly cash flow is $609 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $145k).
• Recommended offer: $141k (3.0% below list) — sets the bar for market timing.
• Cap rate 11.3% vs local median 5.2% in Erie — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 83/100 on livability (#109 in PA, #840 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: crime D+, employment F.
• Erie City SD (urban): math 12% / reading 19% proficiency, ranked #510 of 539 in PA (top 95%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 81% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents flat; 39 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 364 units permitted in Erie County in 2024 (188 in 5+ unit buildings).
• At $2,029/mo this rent would consume 73% of the median local household income ($33k/yr) (locally 776% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $7k of equity ($1k loan paydown + $6k appreciation (4.2% local appreciation)).
• Erie County population projected at -14% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (4.2% appreciation + 0.1% rent growth), your $41k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 5, paydown + projected appreciation supports a ~$30k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 31 days — a 3% lower offer ($141k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 7y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $115k; 26% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1882 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $140,650 (3.0% below list)

Questions for the listing agent

1. It's been on market 31 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1882 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.40% ✓
• Cap rate: 11.34%
• Cash-on-cash: 18.01%
• DSCR: 1.80
• GRM: 6.0

CMA / ARV

• ARV (on-the-fly): $134,862
• Comps found: 6

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
902 W 4th St	0.00mi	3/2.0	1,729 (0%)	1mo	$135,000	$78	99
512 W 4th St	0.41mi	3/3.0	1,760 (+2%)	7mo	$90,000	$51	68
915 W 2nd St	0.12mi	2/2.0 (-1)	1,877 (+9%)	10mo	$125,000	$67	67
519 Poplar St	0.22mi	4/3.0 (+1)	1,896 (+10%)	3mo	$73,500	$39	62
225 Liberty St	0.13mi	4/2.0 (+1)	1,936 (+12%)	10mo	$175,000	$90	61
1375-1377 Top Rd	0.61mi	2/2.0 (-1)	1,952 (+13%)	20mo	$375,000	$192	29

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

4.17% appreciation · 0.1% rent growth · sell at horizon

5-year hold

• IRR: 24.9%
• Equity multiple: 2.47×
• Total profit: $59,728
• Equity at exit: $74,958

10-year hold

• IRR: 23.3%
• Equity multiple: 4.47×
• Total profit: $140,708
• Equity at exit: $123,764

Cash invested: $40,600 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 62 Landlord-Friendly
• State Pennsylvania: 62 Landlord-Friendly · EVEN
• County: — inherits STATE
• City: — inherits STATE

10-day notice; Philadelphia has eviction-court diversion + some protections; otherwise moderate.

Methodology + full state rankings →

ZIP-level market 16507

• Home prices YoY: 2.6%
• Rents YoY: 0.1%
• Active inventory: 39
• Price-to-rent: 11.1×

Monthly cashflow live

• Estimated rent: $2,029 high
• Mortgage (P&I): −$760
• Tax from tax record: −$173 /mo · $2,072/yr
• Insurance: −$60
• HOA: −$0
• Vacancy / Maint / Mgmt: −$426
• Net cashflow: $609

Break-even live

Break-even rent $1,258

Max offer price $145,000

Occupancy floor 65%

2-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
1× unit	2	1	$1,088
1× unit	1	1	$941
Total (2 units)			$2,029

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $36,250
• Closing costs: $4,350
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
729 W 9th St Erie, PA	4.0	2.0	1782	$3,000	$1.68	43d	1	0.42mi
538 W 8th St Unit 1 Erie, PA	3.0	1.0	2000	$1,650	$0.82	43d	1	0.46mi
1164 W 7th St Erie, PA	3.0	1.0	1248	$1,600	$1.28	43d	1	0.47mi
1257 W 6th St Erie, PA	2.0	1.0	1100	$1,350	$1.23	43d	1	0.57mi
923 Chestnut St Unit 2 Erie, PA	4.0	2.0	1100	$1,150	$1.05	43d	1	0.72mi
1610 Poplar St Unit Downstairs Erie, PA	3.0	1.0	1200	$875	$0.73	43d	1	0.93mi
16 W 5th St Apt 504 Erie, PA	2.0	1.5	1072	$2,499	$2.33	43d	1	1.02mi
100 Erie Insurance Pl Erie, PA	3.0	1.0	1120	$1,425	$1.27	43d	1	1.15mi
223 E 9th St Erie, PA	2.0	2.0	1564	$1,300	$0.83	43d	1	1.37mi
1837 W 9th St Erie, PA	3.0	1.0	1450	$1,600	$1.10	43d	1	1.39mi

Listing history 23 events

1. 2026-03-26
   status Pending
2. 2026-02-23
   listed $145,000 Active
3. 2024-01-03
   soldstatus $115,000
4. 2023-12-29
   soldstatus $115,000 Closed 1007-char remark

   Show marketing remark (1007 chars)

   Great location in NW Erie close to bay front, downtown activities, and Gannon University. This versatile home has been most recently used as a single family, but could easily be converted back to a 2-unit. Second floor could be a perfect in-law set up or ideal space for guests or teens. Recently updated kitchens and baths, roof, windows, and electric. New carpeting, vinyl plank flooring, and ceramic tile flooring in both baths. Decorative touches throughout -- from the "industrial" look beamed ceiling and light fixtures in the 1st flr living/dining rooms, to the farmhouse style doors in bath and bedroom, to the vaulted ceiling in the 1st flr kitchen. There's space for stackable washer and dryer in first floor bath. Enclosed back porch for relaxing and additional side porch. Full basement with out entry, two furnaces, two hot water tanks and two circuit breaker boxes. Outdoor shed for storage. Plenty of off street parking. Worth a look! Property cross listed as investment MLS #170449

5. 2023-11-03
   status Pending

   Show marketing remark (1007 chars)

   Great location in NW Erie close to bay front, downtown activities, and Gannon University. This versatile home has been most recently used as a single family, but could easily be converted back to a 2-unit. Second floor could be a perfect in-law set up or ideal space for guests or teens. Recently updated kitchens and baths, roof, windows, and electric. New carpeting, vinyl plank flooring, and ceramic tile flooring in both baths. Decorative touches throughout -- from the "industrial" look beamed ceiling and light fixtures in the 1st flr living/dining rooms, to the farmhouse style doors in bath and bedroom, to the vaulted ceiling in the 1st flr kitchen. There's space for stackable washer and dryer in first floor bath. Enclosed back porch for relaxing and additional side porch. Full basement with out entry, two furnaces, two hot water tanks and two circuit breaker boxes. Outdoor shed for storage. Plenty of off street parking. Worth a look! Property cross listed as investment MLS #170449

6. 2023-11-03
   status Pending 1007-char remark

   Show marketing remark (1007 chars)

   Great location in NW Erie close to bay front, downtown activities, and Gannon University. This versatile home has been most recently used as a single family, but could easily be converted back to a 2-unit. Second floor could be a perfect in-law set up or ideal space for guests or teens. Recently updated kitchens and baths, roof, windows, and electric. New carpeting, vinyl plank flooring, and ceramic tile flooring in both baths. Decorative touches throughout -- from the "industrial" look beamed ceiling and light fixtures in the 1st flr living/dining rooms, to the farmhouse style doors in bath and bedroom, to the vaulted ceiling in the 1st flr kitchen. There's space for stackable washer and dryer in first floor bath. Enclosed back porch for relaxing and additional side porch. Full basement with out entry, two furnaces, two hot water tanks and two circuit breaker boxes. Outdoor shed for storage. Plenty of off street parking. Worth a look! Property cross listed as investment MLS #170449

7. 2023-09-15
   price $125,000 1007-char remark

   Show marketing remark (1007 chars)

   Great location in NW Erie close to bay front, downtown activities, and Gannon University. This versatile home has been most recently used as a single family, but could easily be converted back to a 2-unit. Second floor could be a perfect in-law set up or ideal space for guests or teens. Recently updated kitchens and baths, roof, windows, and electric. New carpeting, vinyl plank flooring, and ceramic tile flooring in both baths. Decorative touches throughout -- from the "industrial" look beamed ceiling and light fixtures in the 1st flr living/dining rooms, to the farmhouse style doors in bath and bedroom, to the vaulted ceiling in the 1st flr kitchen. There's space for stackable washer and dryer in first floor bath. Enclosed back porch for relaxing and additional side porch. Full basement with out entry, two furnaces, two hot water tanks and two circuit breaker boxes. Outdoor shed for storage. Plenty of off street parking. Worth a look! Property cross listed as investment MLS #170449

8. 2023-09-15
   price $125,000

   Show marketing remark (1007 chars)

   Great location in NW Erie close to bay front, downtown activities, and Gannon University. This versatile home has been most recently used as a single family, but could easily be converted back to a 2-unit. Second floor could be a perfect in-law set up or ideal space for guests or teens. Recently updated kitchens and baths, roof, windows, and electric. New carpeting, vinyl plank flooring, and ceramic tile flooring in both baths. Decorative touches throughout -- from the "industrial" look beamed ceiling and light fixtures in the 1st flr living/dining rooms, to the farmhouse style doors in bath and bedroom, to the vaulted ceiling in the 1st flr kitchen. There's space for stackable washer and dryer in first floor bath. Enclosed back porch for relaxing and additional side porch. Full basement with out entry, two furnaces, two hot water tanks and two circuit breaker boxes. Outdoor shed for storage. Plenty of off street parking. Worth a look! Property cross listed as investment MLS #170449

9. 2023-08-31
   status Active
10. 2023-08-17
    historical
11. 2023-08-11
    status Active 1007-char remark

    Show marketing remark (1007 chars)

    Great location in NW Erie close to bay front, downtown activities, and Gannon University. This versatile home has been most recently used as a single family, but could easily be converted back to a 2-unit. Second floor could be a perfect in-law set up or ideal space for guests or teens. Recently updated kitchens and baths, roof, windows, and electric. New carpeting, vinyl plank flooring, and ceramic tile flooring in both baths. Decorative touches throughout -- from the "industrial" look beamed ceiling and light fixtures in the 1st flr living/dining rooms, to the farmhouse style doors in bath and bedroom, to the vaulted ceiling in the 1st flr kitchen. There's space for stackable washer and dryer in first floor bath. Enclosed back porch for relaxing and additional side porch. Full basement with out entry, two furnaces, two hot water tanks and two circuit breaker boxes. Outdoor shed for storage. Plenty of off street parking. Worth a look! Property cross listed as investment MLS #170449

12. 2023-08-11
    price $130,000 1007-char remark

    Show marketing remark (1007 chars)

    Great location in NW Erie close to bay front, downtown activities, and Gannon University. This versatile home has been most recently used as a single family, but could easily be converted back to a 2-unit. Second floor could be a perfect in-law set up or ideal space for guests or teens. Recently updated kitchens and baths, roof, windows, and electric. New carpeting, vinyl plank flooring, and ceramic tile flooring in both baths. Decorative touches throughout -- from the "industrial" look beamed ceiling and light fixtures in the 1st flr living/dining rooms, to the farmhouse style doors in bath and bedroom, to the vaulted ceiling in the 1st flr kitchen. There's space for stackable washer and dryer in first floor bath. Enclosed back porch for relaxing and additional side porch. Full basement with out entry, two furnaces, two hot water tanks and two circuit breaker boxes. Outdoor shed for storage. Plenty of off street parking. Worth a look! Property cross listed as investment MLS #170449

13. 2023-08-11
    price $130,000

    Show marketing remark (1007 chars)

    Great location in NW Erie close to bay front, downtown activities, and Gannon University. This versatile home has been most recently used as a single family, but could easily be converted back to a 2-unit. Second floor could be a perfect in-law set up or ideal space for guests or teens. Recently updated kitchens and baths, roof, windows, and electric. New carpeting, vinyl plank flooring, and ceramic tile flooring in both baths. Decorative touches throughout -- from the "industrial" look beamed ceiling and light fixtures in the 1st flr living/dining rooms, to the farmhouse style doors in bath and bedroom, to the vaulted ceiling in the 1st flr kitchen. There's space for stackable washer and dryer in first floor bath. Enclosed back porch for relaxing and additional side porch. Full basement with out entry, two furnaces, two hot water tanks and two circuit breaker boxes. Outdoor shed for storage. Plenty of off street parking. Worth a look! Property cross listed as investment MLS #170449

14. 2023-08-10
    historical 1007-char remark

    Show marketing remark (1007 chars)

    Great location in NW Erie close to bay front, downtown activities, and Gannon University. This versatile home has been most recently used as a single family, but could easily be converted back to a 2-unit. Second floor could be a perfect in-law set up or ideal space for guests or teens. Recently updated kitchens and baths, roof, windows, and electric. New carpeting, vinyl plank flooring, and ceramic tile flooring in both baths. Decorative touches throughout -- from the "industrial" look beamed ceiling and light fixtures in the 1st flr living/dining rooms, to the farmhouse style doors in bath and bedroom, to the vaulted ceiling in the 1st flr kitchen. There's space for stackable washer and dryer in first floor bath. Enclosed back porch for relaxing and additional side porch. Full basement with out entry, two furnaces, two hot water tanks and two circuit breaker boxes. Outdoor shed for storage. Plenty of off street parking. Worth a look! Property cross listed as investment MLS #170449

15. 2023-08-04
    status Active 1007-char remark

    Show marketing remark (1007 chars)

    Great location in NW Erie close to bay front, downtown activities, and Gannon University. This versatile home has been most recently used as a single family, but could easily be converted back to a 2-unit. Second floor could be a perfect in-law set up or ideal space for guests or teens. Recently updated kitchens and baths, roof, windows, and electric. New carpeting, vinyl plank flooring, and ceramic tile flooring in both baths. Decorative touches throughout -- from the "industrial" look beamed ceiling and light fixtures in the 1st flr living/dining rooms, to the farmhouse style doors in bath and bedroom, to the vaulted ceiling in the 1st flr kitchen. There's space for stackable washer and dryer in first floor bath. Enclosed back porch for relaxing and additional side porch. Full basement with out entry, two furnaces, two hot water tanks and two circuit breaker boxes. Outdoor shed for storage. Plenty of off street parking. Worth a look! Property cross listed as investment MLS #170449

16. 2023-08-04
    historical 1007-char remark

    Show marketing remark (1007 chars)

    Great location in NW Erie close to bay front, downtown activities, and Gannon University. This versatile home has been most recently used as a single family, but could easily be converted back to a 2-unit. Second floor could be a perfect in-law set up or ideal space for guests or teens. Recently updated kitchens and baths, roof, windows, and electric. New carpeting, vinyl plank flooring, and ceramic tile flooring in both baths. Decorative touches throughout -- from the "industrial" look beamed ceiling and light fixtures in the 1st flr living/dining rooms, to the farmhouse style doors in bath and bedroom, to the vaulted ceiling in the 1st flr kitchen. There's space for stackable washer and dryer in first floor bath. Enclosed back porch for relaxing and additional side porch. Full basement with out entry, two furnaces, two hot water tanks and two circuit breaker boxes. Outdoor shed for storage. Plenty of off street parking. Worth a look! Property cross listed as investment MLS #170449

17. 2023-08-02
    listed $170,000 Active 1007-char remark

    Show marketing remark (1007 chars)

    Great location in NW Erie close to bay front, downtown activities, and Gannon University. This versatile home has been most recently used as a single family, but could easily be converted back to a 2-unit. Second floor could be a perfect in-law set up or ideal space for guests or teens. Recently updated kitchens and baths, roof, windows, and electric. New carpeting, vinyl plank flooring, and ceramic tile flooring in both baths. Decorative touches throughout -- from the "industrial" look beamed ceiling and light fixtures in the 1st flr living/dining rooms, to the farmhouse style doors in bath and bedroom, to the vaulted ceiling in the 1st flr kitchen. There's space for stackable washer and dryer in first floor bath. Enclosed back porch for relaxing and additional side porch. Full basement with out entry, two furnaces, two hot water tanks and two circuit breaker boxes. Outdoor shed for storage. Plenty of off street parking. Worth a look! Property cross listed as investment MLS #170449

18. 2023-08-02
    listed $170,000 Active

    Show marketing remark (1007 chars)

    Great location in NW Erie close to bay front, downtown activities, and Gannon University. This versatile home has been most recently used as a single family, but could easily be converted back to a 2-unit. Second floor could be a perfect in-law set up or ideal space for guests or teens. Recently updated kitchens and baths, roof, windows, and electric. New carpeting, vinyl plank flooring, and ceramic tile flooring in both baths. Decorative touches throughout -- from the "industrial" look beamed ceiling and light fixtures in the 1st flr living/dining rooms, to the farmhouse style doors in bath and bedroom, to the vaulted ceiling in the 1st flr kitchen. There's space for stackable washer and dryer in first floor bath. Enclosed back porch for relaxing and additional side porch. Full basement with out entry, two furnaces, two hot water tanks and two circuit breaker boxes. Outdoor shed for storage. Plenty of off street parking. Worth a look! Property cross listed as investment MLS #170449

19. 2019-09-09
    soldstatus $33,900
20. 2019-09-06
    soldstatus $33,900
21. 2019-01-28
    listed $34,900
22. 2001-05-02
    soldstatus $37,500
23. 1988-10-13
    soldstatus $25,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast PA · Partial reset (capped growth)

• Current annual tax: $2,072 · $173/mo
• Projected year-2 tax: $2,182 · $182/mo
• Expected delta: +$109/yr (+$9/mo · 5.3%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 2/10 Low 7 d/yr ≥90°F today · 17 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,348
• − Mortgage interest: −$8,122
• − Property taxes: −$2,072
• − Insurance: −$725
• − Repairs & maintenance: −$1,948
• − Management: −$1,948
• − Depreciation: −$4,218
• Taxable income: $5,315
• Est. tax owed @ 24.0%: −$1,276
• After-tax cash flow: $6,038/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Erie City SD
• NCES district ID: 4209300
• Math proficiency: 12% ▼ -11.00%
• Reading proficiency: 19% ▼ -16.00%
• Median HH income: $33,625
• Composite: 12.59/100
• National rank: #9617
• State rank: #510 of 539 in PA

Livability — Erie

• Score: 83/100
• State rank: #109
• US rank: #840

Category grades

Amenities A+ Commute A+ Cost of living A+ Crime D+ Employment F Housing A+ Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Erie, PA
• County: Erie County · 92,215 people
• City population: 92,215
• Metro: Erie, PA
• Population (ZIP): 8,597
• Household income: $33,361
• Rent vs Own: 66.2% rent · 33.8% own
• Severe rent burden: 776.0

Population outlook (Erie County) Hauer SSP2

• Today (2025): 272,159 people
• By 2030: 266,299 · -2.2%
• By 2040: 250,987 · -7.8%
• By 2050: 234,925 · -13.7%
• By 2075: 199,164 · -26.8%
• By 2100: 162,985 · -40.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.60)
• Race & ethnicity: White 58% Black 24% Two or more races 9% Hispanic / Latino 8% Asian 3%
• Hispanic origin (detail): Mexican 1% Puerto Rican 4%
• Common ancestry: Romanian 10% Scotch-Irish 1% Lithuanian 1%
• Foreign-born: 6% · Canada, Vietnam, China
• Languages at home: 90% English-only · Spanish 5% Vietnamese 1% Russian/Polish/Slavic 1%

Political lean MEDSL · Erie

• 2024 margin: Toss-up / Even · D 49.0% · R 50.0%
• 2008→2024 swing: -20.9pp toward R · 2008: 19.9pp · 2024: -1.0pp
• All cycles: 2024: R+1.0 2020: D+1.0 2016: R+2.0 2012: D+16.9 2008: D+19.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 4.17%
• Current HPI: 163.92
• Rent YoY: ▲ 0.10%
• Metro: Erie, PA
• State GDP YoY: ▲ 1.68%
• F500 in state: 34

Industry mix (Fortune 500 HQ in PA)

Industry	F500 HQs	Revenue
▸Healthcare	2	$309B
▸Insurance	2	$27B
▸Telecommunications / Media	1	$124B
▸Industrial Distribution	1	$22B
▸Financial Services	1	$20B
▸Chemicals / Materials	1	$18B

Price history

+480.0% since first listed

23 events — show timeline

• 2026-03-26 Pending — GEBOR
• 2026-02-23 Listed $145,000 GEBOR
• 2024-01-03 Sold (Public Records) $115,000 Public Records
• 2023-12-29 Sold (MLS) $115,000 GEBOR
• 2023-11-03 Pending — GEBOR
• 2023-11-03 Pending — GEBOR
• 2023-09-15 Price Changed $125,000 GEBOR
• 2023-09-15 Price Changed $125,000 GEBOR
• 2023-08-31 Relisted — GEBOR
• 2023-08-17 Delisted — GEBOR
• 2023-08-11 Relisted — GEBOR
• 2023-08-11 Price Changed $130,000 GEBOR
• 2023-08-11 Price Changed $130,000 GEBOR
• 2023-08-10 Delisted — GEBOR
• 2023-08-04 Relisted — GEBOR
• 2023-08-04 Delisted — GEBOR
• 2023-08-02 Listed $170,000 GEBOR
• 2023-08-02 Listed $170,000 GEBOR
• 2019-09-09 Sold (Public Records) $33,900 Public Records
• 2019-09-06 Sold (MLS) $33,900 GEBOR
• 2019-01-28 Listed $34,900 GEBOR
• 2001-05-02 Sold (Public Records) $37,500 Public Records
• 1988-10-13 Sold (Public Records) $25,000 Public Records

Property tax history

+1.9%/yr

Latest (2026): $2,072 · +3.4% YoY. Source: county tax records.