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302 Wallace Street, 
Erie, PA 16507

$79,900

4

Beds

—

Bath

1,672

Sq Ft

Multi-Family

Active

Listed by

Brandon Penn

Keller Williams Realty

814-833-9500

Last updated:

September 19, 2025, 04:56 PM

MLS#

188041

Source:

PA GEBR

About This Home

302 Wallace Street

Fantastic cash flowing rental to add to your portfolio. Both apartments are very spacious and traditionally have been easy to rent. Professionally managed, and the management would be interested in staying on for the new owner. Selling at a 17% cap rate with management fees included, making this property a no brainer for the next savvy investor. Expenses are from 2024 year.

Home Facts

Multi-Family

4 Bedrooms

Built in 1890

Price Summary

79,900

$47 per Sq. Ft.

MLS #:

188041

Last Updated:

September 19, 2025, 04:56 PM

Added:

3 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

4

Interior

Living Area:

1,672 Sq. Ft.

Structure

Structure

Architectural Style:

Duplex

Building Area:

1,672 Sq. Ft.

Year Built:

1890

Finances & Disclosures

Finances

Price:

$79,900

Price per Sq. Ft:

$47 per Sq. Ft.

Source:PA GEBR
The information being provided by Greater Erie Board of Realtors is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Greater Erie Board of Realtors All rights reserved.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.