2931 Maple St, Erie, PA, 16508
About This Home
4-Unit, mixed-use investment package for sale. Comprised of 2 contiguous parcels totaling 4,850± SF on 0.12± acres with 1 commercial unit & 3 residential rentals. 50% occupancy with excellent income history. $35,445 annual income & $26,522 net operating income based on 2025; offered at $360,000 – 7.4% actual cap rate. Upside potential with below market rents. $46,113 pro forma annual income - $37,773 pro forma NOI – 10.5% pro forma cap rate. Unit mix includes 911± SF office/storefront, one 1 bedroom/1 bathroom apartment, one 2 bedroom/1 bathroom apartment & one 3 bedroom/1 bathroom single family home. Off-street parking for ±11 with paved parking lot for ±9 & private driveway plus on-street parking. All units are separately metered for gas &/or electric (1 unit all electric). Centrally located just 0.4 miles (3 blocks) from Erie High School. Near Peach Street’s retail/service corridor & multiple public bus routes. Zoned Traditional Single Family Development (R-1A) in the City of Erie.
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Property condition: Average Condition,Resale
- Year built: 1909
Materials
- Roof: See Remarks
- Construction materials: Frame
Type & Style
- Home type: MultiFamily
- Architectural style: See Remarks
- Property subType: Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 5
Heating & Cooling
- Heating features: Gas,Multi-Fuel
- Cooling features: See Remarks
Interior Area
- Total structure area: 4,850
- Total interior livable area: 4,850 sqft
Property
Details
- Parcel number: 19060044.0118.00
- Zoning description: R-1A
Lot
- Lot size: 5,227 sqft
- Lot size dimensions: 0 x 0 x 0 x 0
Parking
- Total spaces: 11
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Pennsylvania Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,820 | $21,840 |
| Home Insurance * | $200 | $2,400 |
| Property Taxes | $456 | $5,472 |
| Electricity | $532 | $6,385 |
| Total | $3,008 | $36,096 |
Income You'd Need if You Spent...
Pennsylvania FAIR Plan Programs
Insurance Placement Facility of Pennsylvania/FAIR Plan
Wildfire
Hail
WindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-30 | Listed for sale | $360,000 |
For Sale by Agent
View on Zillow