This home's estimate is 37.9% lower than the average sale price ($75K) of 6 comparable homes.
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2512 Reed St, Erie, PA 16503
About this home
Great cash flow opportunity! 3 bdrm, 1.5 bath single family property - currently used as a rental, could be used as owner occupied single family residence. Generously sized bedrooms, utility room off kitchen with outside access, washer dryer hookup in basement. Partially fenced side yard. Expenses do not reflect maint/repair/other. Water/sewer expense includes garbage & is max expense. Also listed as residential single family (MLS#171181). Bring your toolbelt and some TLC, sold AS-IS, no FHA or VA
Redfin Estimate
Market trends in 16503, PA
Last updated August 2026
Buyer's Market
Seller's Market
Seller's market
0 days MoM
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Provided by Redfin
Sale history for 2512 Reed St
$30/sq ft
$37/sq ft
$37/sq ft
$41/sq ft
$41/sq ft
$41/sq ft
Tax history for 2512 Reed St
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
- Public record
- Zoning
R-2
Medium Density Residential Districts
Medium Density Residential Districts are for one to four-family residential developments of low to moderate density.Include but are not limited to:
- Religious facility
- Day care facility
- Housing-Group
- Housing-Single unit
- Housing-Multiple units
- Bed & breakfast
- Fire house
- Police station
- Neighborhood center
- Death related/funeral home
Property details
Interior
- Heating & Cooling
- Cooling: None
- Has Heating
- Heating: Forced Air
Exterior
- Exterior Features
- Roof: Asphalt
- Building Information
- Sq. Ft.: 1338
- Levels: Two
- # of Stories Total: 2
- Construction Materials: Frame
- Property Information
- Property Type: Residential Income
- Property Sub Type: Multi Family
- Raw Mls Property Sub Type: MultiFamily
- Lot Information
- Road Surface Type: Paved
- Lot Size : 0.0431
- Lot Size Dimensions: 35 x 54
- Lot Size Area: 0.0431
- Lot Size Units: Acres
- Lot Size Acres: 0.0431
- Zoning Description: R-2
Financial
- Tax Information
- Tax Annual Amount: $1,168
Utilities
- Utility Information
- Water Source: Public
- Sewer: Public Sewer
Location
- Unit Type 1 Information
- Description: Balcony/Porch, Basement Tenant Use, Range/Oven, Refrigerator
- # of Bedrooms: 3
- # of Bathrooms: 2
- Actual Rent: $845
- Schools Information
- Elementary School District: City-Erie
- Middle Or Junior School District: City-Erie
- High School District: City-Erie
- Location Information
- Directions: E 26th Street to Reed, north on Reed
Public facts
- Beds: 3
- Baths: 1.0
- Sq. Ft.: 1,338
- Stories: 2.0
- Lot Size: 1,877 square feet
- Style: Single Family Residential
- Year Built: 1905
- Year Renovated: —
- County: Erie County
- APN: 18050027010100
Other
- Listing Information
- List AOR: GreaterErieBoardOfRealtors
- AttributionContact: (814) 835-1200
Around this home
Schools
Public PreK-5 • Assigned • 0.4mi
Public 6-8 • Assigned • 0.1mi
Public 9-12 • Assigned • 1.6mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 90° expected this year, 17 days in 30 years
Minimal risk of severe winds over next 30 years
1 unhealthy days expected this year, 3 days in 30 years
Sun exposure
In this area, properties receive around 9.2 hours in June and 1.7 hours in December, placing it below the U.S. average for solar exposure.
Sell confidently with a local market expert in Erie. 3 minutes to get started.
Nearby similar homes
New listings for sale in 16504
Home values near 2512 Reed St
| Address | Redfin Estimate |
|---|---|
4 Beds | 1 Baths | 1310 Sq. Ft. | $66,586 |
4 Beds | 1 Baths | 1664 Sq. Ft. | $68,713 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 1 Baths | 1664 Sq. Ft. | $86,479 |
4 Beds | 2 Baths | 1674 Sq. Ft. | $109,678 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 1 Baths | 1664 Sq. Ft. | $78,400 |
4 Beds | 2 Baths | 2334 Sq. Ft. | $80,459 |
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