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.
Sold for $135,000
$135,000
318 Parade St, Erie, PA 16507
4beds
1,480sqft
Single Family Residence
Built in 1920
4,356 Square Feet Lot
$140,600 Zestimate®
$91/sqft
$1,526 Estimated rent
Home value
$140,600
$120,000 - $166,000
$1,526/mo
Zestimate® history
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$1,526/mo
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$857/mo
Est. payment
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Est. payment
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Zillow last checked: 8 hours ago
Listing updated: September 15, 2025 at 06:47am
Listed by:
Jake Scheloske (814)449-7973,
Agresti Real Estate
Bought with:
Jarrod Groves, AB069305
Bob Pfister Real Estate Services
Source: GEMLS,MLS#: 185662Originating MLS: Greater Erie Board Of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Primary bedroom
- Level: First
- Dimensions: 12x9
Bedroom
- Level: Second
- Dimensions: 15x10
Bedroom
- Level: Second
- Dimensions: 12x8
Bedroom
- Level: Second
- Dimensions: 10x12
Dining room
- Level: First
- Dimensions: 12x12
Other
- Level: First
Half bath
- Level: Second
Kitchen
- Level: First
- Dimensions: 12x13
Heating
- Forced Air, Gas
Cooling
- None
Features
- Flooring: Carpet
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,480
- Total interior livable area: 1,480 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage
- Garage spaces: 2
Features
- Levels: One and One Half
- Stories: 1
Lot
- Size: 4,356 sqft
- Dimensions: 33 x 100 x 0 x 0
- Features: Level
Details
- Parcel number: 14010012.0104.00
- Zoning description: A-RES
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One and One Half Story
- Property subtype: Single Family Residence
Materials
- Frame
- Roof: Composition
Condition
- Resale
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Erie
HOA & financial
Other fees
- Deposit fee: $2,500
Other
Other facts
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 9/12/2025 | Sold | $135,000+0.1%$91/sqft |
Source: GEMLS #185662 Report a problem | ||
| 8/1/2025 | Pending sale | $134,900$91/sqft |
Source: GEMLS #185662 Report a problem | ||
| 7/30/2025 | Price change | $134,900-7%$91/sqft |
Source: GEMLS #185662 Report a problem | ||
| 7/4/2025 | Listed for sale | $145,000+504.2%$98/sqft |
Source: GEMLS #185662 Report a problem | ||
| 9/18/2014 | Sold | $24,000-36.7%$16/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,316 | $33,280 |
| 2024 | $1,316 +5.2% | $33,280 |
| 2023 | $1,251 +2.1% | $33,280 |
Find assessor info on the county website
Neighborhood: 16507
Nearby schools
GreatSchools rating
- 3/10Pfeiffer-Burleigh El SchoolGrades: PK-5Distance: 0.6 mi
- 3/10East Middle SchoolGrades: 6-8Distance: 1 mi
- 1/10Erie High SchoolGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- District: City-Erie
Source: GEMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Pennsylvania
- Erie County
- Erie
- 16507
- 318 Parade St