For Sale125d on marketHistoric · 124 yrs
631 Parade St
Erie, PA, 16503 • 16503 • Erie County
$149,900
$36/sqft
Down payment assistance available
5Beds
2Baths
4,144Sqft
0.09 acLot
1902Built
Property DNA
Two Story Style
Built 1902 · 124 years of history
1-Car Garage
Detached · Garage
This home is getting attention
Listed 125 days ago · 648 views · 31 saves
Market activity
Demand and pricing signals for this listing
648 views
People checking out this listing
31 saves
Buyers have saved this home
125 days on market
Established listing
$36/sqft
Price per square foot
About this home
Multi Family · Built 1902 · Historic
Take advantage of this wonderful opportunity to add to your investment portfolio in Erie! This unique property has 2 full size brick buildings that have the old construction charm to them. They also have original hardwood floors throughout. The first building is 1500sq ft with 3 beds, 1 bath and a full basement. It has a gas fireplace, a new roof in 2019 and a new furnace as of 2021. The second building was used most recently as a private art studio. It's a full 2 stories with 2600 sqft to use and has 2 separate entrances. There is a kitchen on the 2nd level and a bathroom. You can easily modify this one to a multi unit building by itself. It has a full basement and some plumbing set up to do a bathroom down there as well. Rents and expenses are fully estimated as the property is currently vacant. The potential for this property to be a great profitable investment is high. With some modifications it can easliy be a 3 or 4 unit investment. 1yr HSA Warranty is included!
Standout features identified
Our analysis highlights gas fireplace, full basement, and original hardwood floors throughout as key attractions of this home.
Estimated monthly payment
Based on current rates
$982/month
Principal & Interest$782
Property Tax$150
Insurance$50
Down payment20% ($29,980)
3%50%
Est. 6.80% rate · 30yr fixed · $119,920 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1902
HeatingForced Air, Gas
CoolingCentral Air
Parking1 Garage space
Days on Zillow125 Days
Price/sqft$36
Property
Home typeMulti Family
Sub-typeMulti Family
StyleTwo Story
ConditionResale
Year built1902
Stories2
Systems
HeatingForced Air, Gas
CoolingCentral Air
RoofComposition
ConstructionBrick
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingDetached, Garage
Garage1 spaces
Lot3,920 sqft
Location & Tax
Neighborhood16503
Annual tax$2,100
Parcel14010013042400
Features & details
5 categories of property features
Interior Features
Heating
Forced Air
Gas
Cooling
Central Air
Exterior Features
Parking
Detached
Garage
Construction
Brick
Lot Features
Flat
Listing insights
Market data and value estimates
StatusFor Sale
Days on market125
Est. rent$810/mo
Tax rate1.52%
Price/sqft$36
On marketDec 3, 2025
PostedDec 3, 2025
Last sold$55,000
MLS updatedApr 2, 2026
Tour days9
Views648
Favorites31
How are the schools in Erie?
3 schools rated nearby
Location
Erie, PA, 16503
Price history
4 events
DateEventPrice$/sqftSource
Apr 2, 2026Listed For Sale$149,900$36GEMLS
Feb 10, 2026Pending Sale$149,900$36GEMLS
Dec 3, 2025Listed For Sale$149,900$36GEMLS
Nov 9, 2001Sold$55,000$13Agent Provided
Listed For Sale$149,900
Apr 2, 2026•$36/sqft•GEMLS
Pending Sale$149,900
Feb 10, 2026•$36/sqft•GEMLS
Listed For Sale$149,900
Dec 3, 2025•$36/sqft•GEMLS
Sold$55,000
Nov 9, 2001•$13/sqft•Agent Provided
Tax history
19 years of records
YearTax paidAssessed value
Apr 8, 2025$2,099$53,100
Apr 8, 2024$2,099$53,100
Apr 8, 2023$1,996$53,100
Apr 8, 2022$1,954$53,100
Apr 8, 2021$1,954$53,100
Apr 8, 2020$1,000$53,100
Apr 8, 2019$1,813$53,100
Apr 8, 2018$2,080$53,100
Apr 8, 2017$2,008$53,100
Apr 8, 2016$1,995$53,100
Apr 8, 2015$1,721$53,100
Apr 8, 2014$1,721$53,100
Apr 8, 2013$262$53,100
Apr 8, 2010$271$44,800
Apr 8, 2009$195$44,800
Apr 8, 2008—$35,820
Apr 8, 2005$1,104$35,820
Apr 8, 2004$104$35,820
Apr 8, 2003—$35,820
Nearby homes
Neighborhood details
Local context around this listing
Erie, PA • Erie County
Nearby neighborhoods
Northwest HarborcreekWesleyville
Nearby cities
AlbionCorryEdinboroErieFairviewGirardLake CityNorth East
Nearby zip codes
16502165031650416505165061650716508165091651016511
Similar homes
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
No obligation · Same-day response