$1,543 Closing Credit¹
#181594, Listing Office: eXp Realty, LLC
$159,900 List price
1251 E 38th St Erie, PA 16504
$1,899
Closing credit¹
2 beds
2,896 sqft
0.1 acres
$55 / sqft
Multi-Family
Property details
About 1251 E 38th St
Investment Opportunity: Two-Unit Property in Prime East Side Location. This property offers a fantastic investment opportunity with a strong income stream. The first floor is occupied by a salon with a long-term lease, ensuring stable rental income. The second floor features a comfortable two-bedroom residential unit .Conveniently located on a high-traffic East Side street, this property boasts off-street parking with a paved rear lot. Both units are equipped with central air conditioning for year-round comfort. The first floor has been recently updated, showcasing modern features.
Highlights
Home typeMulti Family
HeatingForced Air
StatusSale Pending
(Pending)
(Pending)
CoolingCentral Air
Size2,896 sqft
Lot size0.1117 Acres
Year built1925
MLS #181323
Summary
- MLS Number: 181323
- MLS Name: EriePA
- Office Name: Joe Herbert Realty
- Office Phone: (814) 217-1900
Copyright © 2025 Greater Erie Board of REALTORS®, Inc. Information deemed reliable but not guaranteed. IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 12:16:01 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$159,900
1251 E 38th St
$1,899
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $65,200 | $2,480 |
| 2023 | $65,200 | $2,450 |
| 2022 | $65,200 | $2,450 |
| 2021 | $65,200 | $2,365 |
| 2020 | $65,200 | $2,349 |
| 2019 | $65,200 | $2,226 |
| 2018 | $65,200 | $2,200 |
| 2017 | $65,200 | $2,196 |
History based on county public records data.
Nearby schools
4
JoAnna Connell Elementary School
Public District PK-5
0.6 mi
•1820 E 38th St
4
Lincoln Elementary School
Public District PK-5
0.7 mi
•831 E 31st St
3
McKinley Elementary School
Public District PK-5
1.1 mi
•933 E 22nd St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $18,312. The majority of Erie, PA residents have income less than $<35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
69%
<35k
28%
35k-100k
2%
100k-200k
1%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
66%
Single, No Kids
7%
Single, with Kids
20%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
5%
12-17 yrs old
16%
18-34 yrs old
35%
35-64 yrs old
35%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
Horse Races
PGA/LPGA
Where do the neighbors shop?
Family Dollar
Stein Mart
Chico's
Where do the neighbors go to eat?
Church's Chicken
LongHorn Steakhouse
Cracker Barrel
What do the neighbors drive?
Cadillac
Buick
Oldsmobile
What do the neighbors listen to?
Jazz
Contemporary Inspirational
Soft Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Erie, PA
About 1251 E 38th St
This home is located at 1251 E 38th St in Erie, PA and zip code 16504. This 2,896 square foot home, which was built in 1925, sits on a 0.11 acre lot. Features: 2 bedrooms, 0 bathroom. It has been listed on Rocket Homes since January 16, 2025 and is currently priced at $159,900.
In February 2025, from all listings sold in Erie, PA there were more than 23 sold above asking price, over 46 sold below and more than 18 were sold right at the asked price. The inventory of homes for sale in Erie, PA between January and February 2025 increased by 4.1%. In February 2025 median list price was $170,097 and the average listing age was 44 days.
From Rocket Homes Real Estate and based on county public records data.