402 Reed Street
Description
- Listed by: Dan Cruz 814.460.0742 dan@tryagresti.com • Agresti Real Estate
Recent comparable sales
Median sold price
$129,900
Avg days on market
42
Sale-to-list ratio
97.9%
Erie, PA
9 comparable properties found
Location
Sold By Agresti Real Estate
$714 per month
30 year fixed, 7.03% Interest
$587
$127
$0
1Property Information for 402 Reed Street
Property Details
- Taxes: $1,526 / year
- MLS Type: Residential Income / Multi Family
- County: Erie County
- Architectural Style: Two Story
- Zoning Description: R-2
Building Information
- Stories: 2
- Residences: 2
- Year Built: 1916
- Lot Size: 0.07 AC / 3,197 SF
Summary
- Directions: Head north on Reed St and it is the corner house on 4th St
- Latitude: 42.136916
- Longitude: -80.071281
- MLS Area Major: 1 - Erie Northeast
- Township: Erie
- Parcel Number: 14-010-020.0-206.00
- Tax Annual Amount: $1,526.00
- Tax Assessed Value: $38,600
- Tax Year: 2024
- Elementary School District: City-Erie
- High School District: City-Erie
- Middle or Junior School District: City-Erie
Property
- Lot Size Acres: 0.0734
- Lot Size Area: 0.0734
- Lot Size Dimensions: 35x94x0x0
- Lot Size Units: Acres
- Road Surface Type: Paved
- Building Area Total: 1877.0
- Living Area: 1877.0
- Living Area Source: Assessor
- Property Condition: Resale
- Year Built: 1916
- Construction Materials: Frame
- Levels: Two
- Sewer: Public Sewer
- Water Source: Public
Interior and Exterior Features
- Total Bedrooms: 5
- Cooling: Window Units
- Has Cooling: Yes
- Heating: Forced Air, Gas
- Has Heating: Yes
- Roof: Composition
- Stories: 2
Multi Family
- Number of Units In Community: 2
- Total Number of Units: 2
- Gross Income: $28,800.00
- Net Operating Income: $24,874.00
- Other Expense: $2,400.00
Unit Information
- Actual Rent: $1,200.00
- Actual Rent Range: 1200
- Area: 938.0
- Total Bathrooms: 1
- Total Bedrooms: 3
- Occupant Type: Occupied
- Actual Rent: $1,200.00
- Actual Rent Range: 1200
- Area: 938.0
- Total Bathrooms: 1
- Total Bedrooms: 3
- Occupant Type: Occupied
Rental
- Security Deposit: $2,000.00
Property History for 402 Reed Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Nov 3, 2025 | Sold Greater Erie Board of REALTORS #184251 | $110,000 | — |
| Oct 27, 2025 | Sold (Public Record) Public Record #1919094306 | $110,000 | -37.1% / yr |
| Oct 7, 2025 | Pending Greater Erie Board of REALTORS #184251 | — | |
| Jun 12, 2025 | Listed (Active) Greater Erie Board of REALTORS #184251 | $120,000 | — |
| Sep 15, 2023 | Sold (Public Record) Public Record #1519731308 | $293,000 | +132.2% / yr |
| Sep 15, 2023 | Sold Greater Erie Board of REALTORS #169675 | $64,000 | — |
| Jul 5, 2023 | Pending Greater Erie Board of REALTORS #169675 | — | |
| Jun 14, 2023 | Listed (Active) Greater Erie Board of REALTORS #169675 | $64,000 | — |
| Apr 1, 2021 | Sold (Public Record) Public Record #1461877037 | $37,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 11/03/2025 | Sold Greater Erie Board of REALTORS #184251 | $110,000 |
| 10/27/2025 | Sold (Public Record) Public Record #1919094306 | $110,000 -37.1% / yr |
| 10/07/2025 | Pending Greater Erie Board of REALTORS #184251 | — |
| 06/12/2025 | Listed (Active) Greater Erie Board of REALTORS #184251 | $120,000 |
| 09/15/2023 | Sold (Public Record) Public Record #1519731308 | $293,000 +132.2% / yr |
| 09/15/2023 | Sold Greater Erie Board of REALTORS #169675 | $64,000 |
| 07/05/2023 | Pending Greater Erie Board of REALTORS #169675 | — |
| 06/14/2023 | Listed (Active) Greater Erie Board of REALTORS #169675 | $64,000 |
| 04/01/2021 | Sold (Public Record) Public Record #1461877037 | $37,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public records
402 Reed Street
Baths
2Total Finished SqFt
1,877 SqFtAbove Grade Finished SqFt
1,877 SqFtStories
2Lot Size
3,197 SqFtStyle
Multi-Family Dwelling (2-4)Schools near 402 Reed Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Pfeiffer-Burleigh El School PublicPK to 5 | ||
East Middle School Public6 to 8 | ||
Erie High School Public9 to 12 | ||
Northwest Pennsylvania Collegiate Academy Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Nearby home values
| Address | Sold price | Beds | Baths | Sqft | Lot (Sqft) |
|---|---|---|---|---|---|
This home: 402 Reed Street, Erie, PA 16507 | $110,000 | 5 | 2 | 1,877 | 3,197 |
$40,000 | 3 | 1 | 1,320 | 3,053 | |
$57,000 | 4 | 1 | 1,544 | 10,393 | |
$3,400 | 4 | 2 | 1,410 | 2,831 | |
– | 4 | 2 | 1,848 | 2,701 | |
$60,000 | 4 | 1 | 1,544 | 2,831 | |
– | 4 | 1 | 1,853 | 2,701 | |
– | 4 | 1 | 1,544 | 2,788 | |
$14,000 | 2 | 2 | 1,915 | 2,613 | |
$14,000 | – | 2 | 1,936 | 2,788 | |
– | – | 2 | 1,936 | 4,726 | |
$43,333 | – | 2 | 2,024 | 3,598 | |
– | – | 2 | 2,024 | 10,799 | |
– | 3 | 1 | 1,320 | 2,818 | |
$16,700 | 4 | 1 | 1,782 | 2,613 | |
– | – | 2 | 1,936 | 4,726 |
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Agresti Real Estate
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