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2218 Willow St, Erie, PA, 16510

3beds
1baths
1,680sqft
$115,000
$68price/sqft
$1,013/moest. monthly cost
$40,520/yrincome needed

About This Home

Investment Opportunity! Well-established rental property with a long-term tenant in place, offering immediate income potential for investors. Property is being sold AS-IS, with seller making no repairs. Tenant has occupied the home for several years and would like to remain if possible.

Getting Around

57
WalkingSomewhat Walkable
26
TransitSome Transit
42
BikeSomewhat Bikeable

Schools

7/10

Construction

Condition

  • Property condition: Resale
  • Year built: 1940

Materials

  • Roof: Composition
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Two Story
  • Property subType: Multi Family,Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1

Heating & Cooling

  • Heating features: Forced Air,Gas
  • Cooling features: See Remarks

Interior Area

  • Total structure area: 1,680
  • Total interior livable area: 1,680 sqft

Property

Details

  • Parcel number: 50003029.0006.00
  • Zoning description: R-1

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 5,519 sqft
  • Features: Level
  • Lot size dimensions: 42 x 120 x 0 x 0

Parking

  • Total spaces: 1
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Lightning
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters Across Pennsylvania Counties

Flood
Tropical Storm

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

MonthlyAnnual
Mortgage $581$6,972
Home Insurance *$63$756
Property Taxes $145$1,740
Electricity $224$2,692
Total$1,013$12,156
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$34,731/yr
40% on housing$30,390/yr
45% on housing$27,013/yr

Pennsylvania FAIR Plan Programs

Insurance Placement Facility of Pennsylvania/FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,982Commercial: 984
Total Premiums$5.34M
Total Exposure$1.33B

How 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.

Insurance Growth Rate5-year average: 8.5%
8.5%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: -0.3%
-0.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$68This listing

vs Other Active Listings

Avg $/sqft

ZIP 16510$143
Erie County$115

vs Homes Sold Last Month

Median $/sqft

ZIP 16510$135
Erie County$139

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)

No zestimate history available

Price History

DateEventPrice
2026-07-21Price change$115,000
2026-06-04Listed for sale$125,000
2003-09-29Sold$67,000

For Sale by Agent

AgentBrittany Redditt
BrokerageAgresti Real Estate

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