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223 W 16 Street, 
Erie, PA 16502

$325,000


8

Beds


Bath


4,861

Sq Ft


Multi-Family

Active

Listed by

Nathan Sherman

Thrive Real Estate LLC.

814-250-5774

Last updated:

August 1, 2025, 01:57 PM

MLS#

187208

Source:

PA GEBR

About This Home

223 W 16 Street

Turn-key 7-unit investment property in the heart of Erie. Six occupied unis. The 7th unit is a 3rd-floor partially finished unit that just needs a little more work to be fully functional. Gas well on site that currently provides gas to some appliances, but has the potential for more with some plumbing work to re-route gas lines. Basement has coin laundry. Two hot water tanks recently replaced. Great investment opportunity for a motivated buyer who would like to put a little more TLC into the property maximize the potential.

Home Facts

Multi-Family

8 Bedrooms

Built in 1895

Price Summary

325,000

$66 per Sq. Ft.

MLS #:

187208

Last Updated:

August 1, 2025, 01:57 PM

Added:

2 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

8

Interior

Living Area:

4,861 Sq. Ft.


Structure

Structure

Building Area:

4,861 Sq. Ft.

Year Built:

1895


Lot

Lot Size (Sq. Ft):

7,405


Finances & Disclosures

Finances

Price:

$325,000

Price per Sq. Ft:

$66 per Sq. Ft.

Source:PA GEBR
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