$115,000

340 W 24th St Erie, PA 16502

$1,366
Closing credit¹
6 beds
2 baths
2,300 sqft
0.2 acres
$50 / sqft
Multi-Family

Property details

About 340 W 24th St

Large 2-unit investment property in central Erie. Home sits on a double lot with good privacy. 100% occupancy with excellent tenant history. Both units have private enclosed porch area. Upper unit has captive bedroom. New hot water tank. New water main lines into home already complete. Great opportunity close to Gannon, St. Vincent's hospital and the Millcreek Mall.

Highlights

Home typeMulti Family
HeatingForced Air
StatusActive
Size2,300 sqft
Lot size0.22 Acres
Year built1882
MLS #184449

Summary

  • Total Bedroom Count: 6
  • Attached Garage: No
  • Architectural Style: TwoStory
  • Heating: Forced Air
  • Cooling: None
  • List Price: $115,000
  • Price/SqFt: $50
  • Annual Tax Amount: $1,619
  • Tax Year: 2024
  • Lot: Cleared
  • Directions: W 26th Street North to Chestnut. Chestnut to East on 24th.
  • Year Built: 1882
  • Stories: 2
  • Living Area: 2,300 SqFt
  • Lot Size: 0.22 Acres
  • MLS Number: 184449
  • MLS Name: EriePA
  • Office Name: Coldwell Banker Select - Airport
  • Office Phone: (814) 838-2299

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: 6/24/2025, 7:45:38 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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340 W 24th St, Erie, PA 16502 - view of traditional-style home

$115,000

340 W 24th St

$1,366

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
May 02, 2022
Home Sold
$96,000
Nov 06, 2018
Home Sold
$75,000
Aug 05, 2016
Home Sold
$67,500
Aug 21, 2000
Home Sold
$40,500

Tax history

YearAssessmentProperty Tax
2024$42,560$1,619
2023$42,560$1,599
2022$42,560$1,599
2021$42,560$1,544
2020$42,560$1,533
2019$42,560$1,453
2018$42,560$1,436
2017$42,560$1,433

History based on county public records data.

Nearby schools

3

Perry Elementary School

Public District PK-5

0.8 mi

955 W 29th St

5

Pfeiffer-Burleigh Elementary School

Public District PK-5

1.1 mi

235 E 11th St

2

Jefferson Elementary School

Public District PK-5

1.1 mi

230 E 38th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $20,239. Typical income of Erie, PA residents is less than $<35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

79%
<35k
20%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

71%
Single, No Kids
15%
Single, with Kids
9%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
6%
12-17 yrs old
26%
18-34 yrs old
28%
35-64 yrs old
27%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Figure SkatingFigure Skating
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Chico'sChico's
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Church's ChickenChurch's Chicken
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • BuickBuick
  • CadillacCadillac
  • DodgeDodge

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • Soft Adult ContemporarySoft Adult Contemporary
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 340 W 24th St

The listing price of 340 W 24th St property is $115,000.

The property 340 W 24th St is a multi located in Erie, Pennsylvania, 16502.

Active Listing: 340 W 24th St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 340 W 24th St are: Perry Elementary School (GreatSchools Rating 3/10), Pfeiffer-Burleigh Elementary School (GreatSchools Rating 5/10), Jefferson Elementary School (GreatSchools Rating 2/10), Erie Rise Leadership Academy Charter School (GreatSchools Rating 4/10), Woodrow Wilson Middle School (GreatSchools Rating 5/10), Strong Vincent Middle School (GreatSchools Rating 5/10), Northwest PA Collegiate Academy (GreatSchools Rating 8/10), Erie High School (GreatSchools Rating 2/10), Perseus House Charter School of Excellence (GreatSchools Rating 2/10).

According to the records, the last property tax for 2024 is $1,619 (source: MLS/based on county public records data).

The last sale was on May 2, 2022 for $96,000 (source: MLS/tax record).

The property 340 W 24th St is 2,300 SqFt (source: MLS/tax record).

The year of construction for 340 W 24th St is 1882.

This home is located at 340 W 24th St in Erie, PA and zip code 16502. This 2,300 square foot home, which was built in 1882, sits on a 0.22 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 20, 2025 and is currently priced at $115,000.

Erie, PA housing market in May 2025 saw over 53 listings sold above listed price, more than 20 sold at listed price and over 54 sold below. The number of listings in Erie, PA increased by 0.4% between April and May 2025. In May 2025, listings were on the market for 30 days. During the same period, the median list price in this real estate market was $175,141.

From Rocket Homes Real Estate and based on county public records data.

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