#182050, Listing office: Coldwell Banker Select - Airport
$145,000 List price
318 Parade St Erie, PA 16507
4 beds
1 full, 1 partial
1,480 sqft
0.10 acres
$98 / sqft
House
Property details
About 318 Parade St
Charming 2-bedroom, 1.5-bath home with a 2-car detached garage, offering both comfort and convenience. This property is currently leased for $995/month with tenants paying all utilities, including water, sewer, and garbage—making it a strong investment opportunity from day one. Situated just minutes from downtown, it provides easy access to shopping, dining, entertainment, and major routes. Inside, you'll find a practical layout ideal for low-maintenance living. Whether you're a first-time homebuyer looking for an affordable entry point or an investor seeking a steady income-producing asset, this home checks all the boxes. Enjoy off-street parking, a manageable yard, and long-term potential in a growing area. Don’t miss your chance to own a well-located property with built-in cash flow and future flexibility.
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
Size1,480 sqft
BasementYes
Lot size0.1 Acres
Year built1920
ParkingDetached, Garage
MLS #185662
Garage2 spaces
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Basement: Yes
- Flooring Type: Carpet
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Attached Garage: No
- Parking: Detached, Garage
- Architectural Style: OneAndOneHalfStory
- Heating: Forced Air
- Cooling: None
- List Price: $145,000
- Price/SqFt: $97
- Annual Tax Amount: $1,266
- Tax Year: 2024
- Lot: Level
- Directions: E. 6th St., north on Parade St., between E. 4th and E. 3rd
- Year Built: 1920
- Stories: 1
- Living Area: 1,480 SqFt
- Lot Size: 0.1 Acres
- MLS Number: 185662
- MLS Name: EriePA
- Office Name: Agresti Real Estate
- Office Phone: (814) 449-7973
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: 7/24/2025, 2:45:38 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 18, 2014 | Home Sold | $24,000 |
| May 03, 2005 | Home Sold | $37,900 |
| Sep 08, 2004 | Home Sold | $34,900 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $33,280 | $1,266 |
| 2023 | $33,280 | $1,250 |
| 2022 | $33,280 | $1,250 |
| 2021 | $33,280 | $1,207 |
| 2020 | $33,280 | $1,199 |
| 2019 | $33,280 | $1,136 |
| 2018 | $33,280 | $1,123 |
| 2017 | $33,280 | $1,120 |
History based on county public records data.
Nearby schools
5
Pfeiffer-Burleigh Elementary School
Public District PK-5
0.6 mi
•235 E 11th St
3
McKinley Elementary School
Public District PK-5
1.5 mi
•933 E 22nd St
2
Edison Elementary School
Public District PK-5
2.0 mi
•1921 E Lake Rd
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 $23,655. Most Erie, PA residents have annual incomes less than $<35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
60%
<35k
34%
35k-100k
6%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
66%
Single, No Kids
17%
Single, with Kids
10%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
8%
12-17 yrs old
29%
18-34 yrs old
35%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
UFC
NBA/WNBA
Pro Wrestling
Where do the neighbors shop?
Family Dollar
Express/Express For Men
Burlington
Where do the neighbors go to eat?
Burger King
Starbucks
Cicis Pizza
What do the neighbors drive?
Buick
Pontiac
Dodge
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
News
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Erie, PA
Erie's transportation infrastructure supports both private and public transit options. The city's public bus service operates on a set schedule, offering residents and visitors reliable transportation across various routes. While ride-sharing services are available, the city also promotes walkability, particularly in the downtown area and along the Bayfront. The network of roads and highways, including Interstate 90 and State Route 20, facilitates commuting and travel to and from the city. Efforts to improve transport efficiency and accessibility are part of the city's planning initiatives.
The community is served by a robust educational system, including a variety of public and private schools that cater to different educational needs. Erie's healthcare network features several hospitals and clinics, providing residents with access to comprehensive medical services. The city also boasts a number of public libraries and a vibrant retail and dining landscape that mirrors the local culture. Initiatives to enhance services, particularly in response to demographic shifts, are ongoing to meet the evolving needs of the community.
Erie is known for its welcoming community and vibrant cultural scene. The city prides itself on its waterfront attractions along Lake Erie and its numerous parks and recreational areas that offer residents a blend of urban and natural amenities. Annual events, such as the Erie Summer Festival of the Arts and the Roar on the Shore motorcycle rally, underscore the city's dynamic character and its residents' enthusiasm for community gatherings.
Erie, Pennsylvania, offers a diverse housing market with a range of options to suit various preferences and budgets. The housing landscape is characterized by a mix of architectural styles, with a notable presence of Victorian, Colonial, and contemporary homes. Single-family homes are prevalent, complemented by a selection of apartments and townhouses. The area has seen development across different periods, with a significant number of properties dating back to the early to mid-20th century, reflecting the city's rich history.
About 318 Parade St
The listing price of 318 Parade St property is $145,000.
The property 318 Parade St is a house located in Erie, Pennsylvania, 16507.
Active Listing: 318 Parade St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 318 Parade St are: Pfeiffer-Burleigh Elementary School (GreatSchools Rating 5/10), McKinley Elementary School (GreatSchools Rating 3/10), Edison Elementary School (GreatSchools Rating 2/10), East Middle School (GreatSchools Rating 4/10), Robert Benjamin Wiley Community Charter School (GreatSchools Rating 5/10), Woodrow Wilson Middle School (GreatSchools Rating 5/10), Perseus House Charter School of Excellence (GreatSchools Rating 2/10), Northwest PA Collegiate Academy (GreatSchools Rating 8/10), Erie High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $1,266 (source: MLS/based on county public records data).
The last sale was on September 18, 2014 for $24,000 (source: MLS/tax record).
The property at 318 Parade St has 4 bedrooms and 1 full and 1 half bathrooms.
The property 318 Parade St is 1,480 SqFt (source: MLS/tax record).
The year of construction for 318 Parade St is 1920.
This home is located at 318 Parade St in Erie, PA and zip code 16507. This 1,480 square foot home, which was built in 1920, sits on a 0.10 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 19, 2025 and is currently priced at $145,000.
Erie, PA housing market in June 2025 saw over 72 listings sold above listed price, more than 25 sold at listed price and over 56 sold below. The number of homes for sale in Erie, PA did not change between May and June 2025. In June 2025 median list price was $177,250 and the average listing age was 26 days.
From Rocket Homes Real Estate and based on county public records data.