$74,900

550 E 22nd St Erie, PA 16503

$889
Closing credit¹
6 beds
1,860 sqft
0.09 acres
$40 / sqft
Multi-Family

Property details

About 550 E 22nd St

Awesome, consistent cash flowing property to add to your portfolio. Long term tenants that wish to stay, with fantastic payment history make this property a great option for a seasoned investor, or someone just getting into the game. Professionally managed and maintained. Management would be happy to stay on for the new owner.

Highlights

Home typeMulti Family
HeatingForced Air
StatusActive
Size1,860 sqft
Lot size0.093 Acres
Year built1913
MLS #183583

Summary

  • Total Bedroom Count: 6
  • Attached Garage: No
  • Architectural Style: TwoStory
  • Heating: Forced Air
  • Cooling: None
  • List Price: $74,900
  • Price/SqFt: $40
  • Annual Tax Amount: $1,536
  • Tax Year: 2024
  • Lot: Level
  • Directions: Between Ash and Wallace street on the North side of E 22nd st.
  • Year Built: 1913
  • Stories: 2
  • Living Area: 1,860 SqFt
  • Lot Size: 0.093 Acres
  • MLS Number: 183583
  • MLS Name: EriePA
  • Office Name: Keller Williams Realty
  • Office Phone: (814) 833-9500

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: 5/1/2025, 6:15:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

american foursquare style home featuring covered porch

$74,900

550 E 22nd St

$889

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jun 10, 2021
Home Sold
$45,000
Feb 06, 2013
Home Sold
$20,000

Tax history

YearAssessmentProperty Tax
2024$40,400$1,536
2023$40,400$1,518
2022$40,400$1,518
2021$40,400$1,465
2020$40,400$1,455
2019$40,400$1,379
2018$40,400$1,363
2017$40,400$1,360

History based on county public records data.

Nearby schools

3

McKinley Elementary School

Public District PK-5

0.5 mi

933 E 22nd St

4

Lincoln Elementary School

Public District PK-5

0.7 mi

831 E 31st St

5

Pfeiffer-Burleigh Elementary School

Public District PK-5

0.8 mi

235 E 11th 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 $18,061. Typical income of Erie, PA residents is less than $<35k annually. 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?

74%
<35k
20%
35k-100k
5%
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?

42%
Single, No Kids
31%
Single, with Kids
8%
Married, No Kids
19%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

22%
<11 yrs old
14%
12-17 yrs old
26%
18-34 yrs old
32%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • UFCUFC
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • BurlingtonBurlington
  • Family DollarFamily Dollar
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Burger KingBurger King
  • Golden CorralGolden Corral

What do the neighbors drive?

  • DodgeDodge
  • BuickBuick
  • KiaKia

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • JazzJazz
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 550 E 22nd St

This home is located at 550 E 22nd St in Erie, PA and zip code 16503. This 1,860 square foot home, which was built in 1913, sits on a 0.09 acre lot. Features: 6 bedrooms, 0 bathroom. It has been listed on Rocket Homes since April 30, 2025 and is currently priced at $74,900.

While more than 29 listings in Erie, PA in March 2025 were sold above asking price, there were more than 20 listings sold at asking price, and more than 49 were sold below. The number of homes for sale in Erie, PA increased by 2.7% between February and March 2025. Listings spent 33 days on the market in March 2025, and had a median list price of $171,000 during the same period.

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

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