$69,900

716 Wallace St Erie, PA 16503

$830
Closing credit¹
3 beds
1 full
1,312 sqft
0.06 acres
$53 / sqft
House

Property details

About 716 Wallace St

Affordable living in Erie, PA. This home features large room sizes with high ceilings and ample storage. Improvements on plumbing, paint, flooring, deck work and more. Fenced in yard with patio/firepit area.

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
Size1,312 sqft
BasementYes
Lot size0.06 Acres
Year built1890
MLS #183715

Summary

  • Full Bathrooms: 1
  • Appliances: Electric Oven, Electric Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Carpet, Vinyl
  • Total Bedroom Count: 3
  • Attached Garage: No
  • Exterior: Deck
  • Architectural Style: TwoStory
  • Heating: Forced Air
  • Cooling: None
  • List Price: $69,900
  • Price/SqFt: $53
  • Annual Tax Amount: $1,404
  • Tax Year: 2024
  • Directions: From Bayfront, South on State. Turn East on 5th Street. Right on Wallace - home is between 7th & 8th Streets.
  • Year Built: 1890
  • Stories: 2
  • Living Area: 1,312 SqFt
  • Lot Size: 0.06 Acres
  • MLS Number: 183715
  • 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: 5/16/2025, 4:15:37 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

caption unavailable

$69,900

716 Wallace St

$830

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$36,910$1,404
2023$36,910$1,387
2022$36,910$1,387
2021$36,910$994
2020$36,910$1,329
2019$36,910$1,260
2018$36,910$1,245
2017$36,910$892

History based on county public records data.

Nearby schools

5

Pfeiffer-Burleigh Elementary School

Public District PK-5

0.4 mi

235 E 11th St

3

McKinley Elementary School

Public District PK-5

1.2 mi

933 E 22nd St

4

Lincoln Elementary School

Public District PK-5

1.7 mi

831 E 31st 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 $21,768. Residents of Erie, PA typically earn less than $<35k each year. Most families are single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

70%
<35k
27%
35k-100k
3%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

57%
Single, No Kids
25%
Single, with Kids
8%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

22%
<11 yrs old
11%
12-17 yrs old
22%
18-34 yrs old
37%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • SoccerSoccer
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Forever 21Forever 21
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Dominos PizzaDominos Pizza
  • PopeyesPopeyes

What do the neighbors drive?

  • BuickBuick
  • MazdaMazda
  • DodgeDodge

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

Similar homes for sale

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 716 Wallace St

The listing price of 716 Wallace St property is $69,900.

The property 716 Wallace St is a house located in Erie, Pennsylvania, 16503.

Active Listing: 716 Wallace St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 716 Wallace St are: Pfeiffer-Burleigh Elementary School (GreatSchools Rating 5/10), McKinley Elementary School (GreatSchools Rating 3/10), Lincoln Elementary School (GreatSchools Rating 4/10), 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 $1,404 (source: MLS/based on county public records data).

The property at 716 Wallace St has 3 bedrooms and 1 bathroom.

The property 716 Wallace St is 1,312 SqFt (source: MLS/tax record).

The year of construction for 716 Wallace St is 1890.

This home is located at 716 Wallace St in Erie, PA and zip code 16503. This 1,312 square foot home, which was built in 1890, sits on a 0.06 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 8, 2025 and is currently priced at $69,900.

While more than 47 listings in Erie, PA in April 2025 were sold above asking price, there were more than 27 listings sold at asking price, and more than 48 were sold below. In April 2025 in Erie, PA there were 5.5% more homes for sale than in March. In April 2025, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $175,366.

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

More resources