402 Reed St

2
Baths
1,877 Sq. Ft.
$59 / Sq. Ft.
1,877
Sq. Ft.
$59
per Sq. Ft.

Description

Fully Occupied investment property. Three bedrooms upstairs and downstairs. This is one of seven properties that could be purchased as a package. Mls # 184268, 184267, 184264, 184261, 184252, 184251, 184250Fully Occupied investment property. Three bedrooms upstairs and downstairs. This is one of seven properties that could be purchased as a package. Mls # 184268, 184267, 184264, 184261, 184252, 184251, 184250
  1. Listed by Dan Cruz • Agresti Real Estate
    P: (814)-460-0742 C: (814)-460-0742 dan@tryagresti.com

Property Details for 402 Reed Street

Architectural Style
Two Story
Zoning Description
R-2
LISTING CLOSED: 11/03/2025 12:00 AM

Property Details for 402 Reed Street

StatusClosed
MLS #184251
Days on Market117
Taxes$1,526 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1916
Lot Size0.07 AC / 3,197 SF
CountyErie County

Location

Listing Courtesy of Agresti Real Estate

Sold By Agresti Real Estate

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Building Information for 402 Reed Street

Stories2Residences2Year Built1916Building Size-Lot Size0.07 AC / 3,197 SF

Payment Calculator

$686 per month

30 year fixed, 6.55% Interest

Principal and Interest

$559

Property Taxes

$127

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 402 Reed Street

Summary
Location and General Information
  • 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
Taxes and HOA
  • Parcel Number: 14-010-020.0-206.00
  • Tax Annual Amount: $1,526.00
  • Tax Assessed Value: $38,600
  • Tax Year: 2024
School Information
  • Elementary School District: City-Erie
  • High School District: City-Erie
  • Middle or Junior School District: City-Erie
Property
Lot Information
  • Lot Size Acres: 0.0734
  • Lot Size Area: 0.0734
  • Lot Size Dimensions: 35x94x0x0
  • Lot Size Units: Acres
  • Road Surface Type: Paved
Property and Assessments
  • Building Area Total: 1877.0
  • Living Area: 1877.0
  • Living Area Source: Assessor
  • Property Condition: Resale
  • Year Built: 1916
Building Features
  • Construction Materials: Frame
  • Levels: Two
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Total Bedrooms: 5
  • Cooling: Window Units
  • Has Cooling: Yes
  • Heating: Forced Air, Gas
  • Has Heating: Yes
Exterior Features
  • Roof: Composition
  • Stories: 2
Multi Family
Multi Family Information
  • Number of Units In Community: 2
  • Total Number of Units: 2
Income & Expenses
  • Gross Income: $28,800.00
  • Net Operating Income: $24,874.00
  • Other Expense: $2,400.00
Unit Information
Unit 1
  • Actual Rent: $1,200.00
  • Actual Rent Range: 1200
  • Area: 938.0
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Occupant Type: Occupied
Unit 2
  • Actual Rent: $1,200.00
  • Actual Rent Range: 1200
  • Area: 938.0
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Occupant Type: Occupied
Rental
Rent Information
  • Security Deposit: $2,000.00

Property History for 402 Reed Street

DateEvent & SourcePriceAppreciation
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

DateEvent & SourcePrice
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

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 402 Reed Street

Taxable ValueLand$6,600Additions$32,000Total$38,600
Tax Record2026$1,578 ($132 / month)
Home Facts
Baths2Total Finished SqFt1,877 SqFtAbove Grade Finished SqFt1,877 SqFtStories2Lot Size3,197 SqFtStyleMulti-Family Dwelling (2-4)Year Built1916Year Renovated1916ZoningR2CountyERIEAPN14-010-020.0-206.00

Schools near 402 Reed Street

This home is within Erie City School District.
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

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

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 402 Reed Street, Erie, PA 16507
$110,000
5
2
1,877
3,197
$40,000
3
1,320
3,053
$57,000
4
1
1,544
10,393
$3,400
4
1,410
2,831
4
2
1,848
2,701
$60,000
4
1,544
2,831

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

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.