Active
5 beds2 baths1,984 sqft$189/sqft
4916 W Ridge Rd, Erie, PA 16506
Est: $2,197/moGet pre-approved
Multi FamilyProperty Type
1.12 acresLot Size
1945Year Built
$189/sq ftPrice per sq ft
6 carsParking Spaces

Description

Excellent investment and redevelopment opportunity at 4916 W Ridge Rd in Millcreek Township. The property currently features a two-unit residential rental, offering immediate income potential in a highly visible location along the heavily traveled West Ridge Road corridor. One tenant has been in place and is set up with guaranteed monthly payments coming in. The first floor unit boasts recent remodels. Pictures of second floor unit coming soon. Beyond its current income-producing use, the property...Excellent investment and redevelopment opportunity at 4916 W Ridge Rd in Millcreek Township. The property currently features a two-unit residential rental, offering immediate income potential in a highly visible location along the heavily traveled West Ridge Road corridor. One tenant has been in place and is set up with guaranteed monthly payments coming in. The first floor unit boasts recent remodels. Pictures of second floor unit coming soon. Beyond its current income-producing use, the property offers significant long-term potential through its MU-2 zoning, Millcreek Township’s most permissive zoning designation. MU-2 allows for a broad range of potential uses. This includes multi-family residential, retail, office, service, medical, commercial, and mixed-use development, giving investors and developers considerable flexibility for the future. With over an acre to develop, the possibilities are endless. Also offered as a joint sale with 4912 W Ridge Rd
9 days on Market
  • Listed by: Isaac Yurkewicz 814.460.7538 isaac@tryagresti.com • Agresti Real Estate
Last updated: 09/04/2026 01:17 PM • Source: Greater Erie Board of REALTORS, MLS#: 192970

Location

Listing Courtesy of Agresti Real Estate
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$2,197 per month

30 year fixed, 6.71% Interest

Principal and Interest

$1,938

Property Taxes

$259

HOA Dues

$0

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Property Information for 4916 West Ridge Road

Property Details
  • Taxes: $3,110 / year
  • MLS Type: Residential Income / Duplex
  • County: Erie County
  • Architectural Style: Duplex
  • Zoning Description: M-2
Building Information
  • Residences: 2
  • Year Built: 1945
  • Lot Size: 1.12 AC / 48,987 SF
Summary
Location and General Information
  • Directions: On the north side of W Ridge Rd (route 20) right next to Curaleaf.
  • Latitude: 42.069572
  • Longitude: -80.186801
  • MLS Area Major: 5 - Millcreek N of W26
  • Township: Millcreek Township
Taxes and HOA
  • Parcel Number: 33-042-230.1-016.00
  • Tax Annual Amount: $3,110.00
  • Tax Assessed Value: $106,500
  • Tax Year: 2026
School Information
  • Elementary School District: Millcreek
  • High School District: Millcreek
  • Middle or Junior School District: Millcreek
Parking
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached, Garage
  • Parking Total: 6.0
Property
Lot Information
  • Lot Features: Flat, Irregular Lot, See Remarks
  • Lot Size Acres: 1.1246
  • Lot Size Area: 1.1246
  • Lot Size Dimensions: 124x402x0x0
  • Lot Size Units: Acres
  • Road Surface Type: Paved
Property and Assessments
  • Building Area Total: 1984.0
  • Living Area: 1984.0
  • Living Area Source: Assessor
  • Property Condition: Resale
  • Year Built: 1945
  • Year Built Details: Actual
Building Features
  • Construction Materials: Aluminum Siding
  • Structure Type: Duplex
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Cooling: Window Units
  • Has Cooling: Yes
  • Heating: Forced Air, Gas
  • Has Heating: Yes
Exterior Features
  • Roof: Asphalt
Multi Family
Multi Family Information
  • Number of Units In Community: 2
  • Total Number of Units: 2
Income & Expenses
  • Gross Income: $22,800.00
  • Net Operating Income: $17,800.00
Unit Information
Unit 1
  • Actual Rent: $950.00
  • Actual Rent Range: 950
  • Area: 992.0
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Occupant Type: Vacant
Unit 2
  • Actual Rent: $950.00
  • Actual Rent Range: 950
  • Area: 992.0
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Occupant Type: Occupied
Rental
Rent Information
  • Security Deposit: $10,000.00

Property History for 4916 West Ridge Road

DateEvent & SourcePriceAppreciation
Sep 2, 2026

Listed (Active)

Greater Erie Board of REALTORS #192970

$375,000
DateEvent & SourcePrice
09/02/2026

Listed (Active)

Greater Erie Board of REALTORS #192970

$375,000

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

Public Records for 4916 West Ridge Road

Taxable ValueLand$36,500Additions$70,000Total$106,500
Tax Record2026$3,034 ($253 / month)
Home Facts
Baths2Total Finished SqFt1,984 SqFtAbove Grade Finished SqFt1,984 SqFtStories2Lot Size49,005 SqFtStyleMulti-Family Dwelling (2-4)Year Built1945Year Renovated1945ZoningDBCountyERIEAPN33-042-230.1-016.00

Schools near 4916 West Ridge Road

This home is within Millcreek Township School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Asbury Elementary School
PublicPK to 5

Westlake Middle School
Public6 to 8

McDowell 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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4916 West Ridge Road is a multi-family home for sale in Erie, PA 16506. This property was listed for sale on September 2, 2026 by Agresti Real Estate, it's currently listed at $375,000. This listing's school district is Millcreek Township School District. Nearby schools include Asbury Elementary School, Westlake Middle School and McDowell High School. 4916 West Ridge Road is a 5-bed, 2-bath, 1,984 sqft multi-family home built in 1945.

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.