Sold
Last Sold Price
5 beds3 baths1,480 sqft
5216 W Ridge Rd, Erie, PA 16506
Multi FamilyProperty Type
2.04 acresLot Size
1966Year Built
$95/sq ftPrice per sq ft
3 carsParking Spaces

Description

Fully occupied 3 unit investment property!Fully occupied 3 unit investment property!
Listing closed: 01/20/2022 12:00 AM • Source: Greater Erie Board of REALTORS, MLS#: 161951

Recent comparable sales

Median sold price

$137,000

Avg days on market

48

Sale-to-list ratio

94.2%

Erie, PA

9 comparable properties found

1

$137,000

Sold 07/24/25

5
Bedrooms
3
Bathrooms
3,103
Square Feet
Unavailable
Acres
2

$127,000

Sold 06/17/25

5
Bedrooms
2
Bathrooms
1,432
Square Feet
0.12
Acres
3

$143,500

Sold 07/15/26

5
Bedrooms
3
Bathrooms
2,144
Square Feet
0.07
Acres
4

$125,000

Sold 03/12/25

5
Bedrooms
3
Bathrooms
2,708
Square Feet
0.15
Acres
5

$129,900

Sold 11/07/24

5
Bedrooms
2
Bathrooms
1,693
Square Feet
0.10
Acres
6

$675,000

Sold 02/24/26

5
Bedrooms
3
Bathrooms
3,746
Square Feet
0.41
Acres
7

$110,000

Sold 05/01/26

5
Bedrooms
3
Bathrooms
3,208
Square Feet
0.15
Acres
8

$175,000

Sold 08/15/25

5
Bedrooms
3
Bathrooms
3,336
Square Feet
0.31
Acres
9

$350,000

Sold 12/05/25

5
Bedrooms
3
Bathrooms
2,506
Square Feet
0.40
Acres

Location

Listing Courtesy of Joe Herbert Realty

Sold By Agresti Real Estate

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Payment Calculator

$995 per month

30 year fixed, 6.71% Interest

Principal and Interest

$723

Property Taxes

$271

HOA Dues

$0

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Property Information for 5216 West Ridge Road

Property Details
  • Taxes: $3,255 / year
  • MLS Type: Residential Income / Multi Family
  • County: Erie County
  • Architectural Style: One Story
  • Zoning Description: C-4
Building Information
  • Stories: 1
  • Residences: 3
  • Year Built: 1966
  • Lot Size: 2.04 AC / 88,949 SF
Summary
Location and General Information
  • Directions: North Side of West Ridge Road
  • Latitude: 42.066559
  • Longitude: -80.192391
  • MLS Area Major: 6 - Millcreek S of W26
  • Township: Millcreek Township
Taxes and HOA
  • Parcel Number: 33-041-230.0-035.02
  • Tax Annual Amount: $3,255.00
  • Tax Assessed Value: $135,500
  • Tax Year: 2021
School Information
  • Elementary School District: Millcreek
  • High School District: Millcreek
  • Middle or Junior School District: Millcreek
Parking
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Total: 3.0
Property
Lot Information
  • Lot Features: Rolling Slope
  • Lot Size Acres: 2.042
  • Lot Size Area: 2.042
  • Lot Size Dimensions: 82x988x0x0
  • Lot Size Units: Acres
  • Road Surface Type: Paved
Property and Assessments
  • Building Area Total: 1480.0
  • Living Area: 1480.0
  • Living Area Source: Assessor
  • Property Condition: Resale
  • Year Built: 1966
  • Year Built Details: Actual
Building Features
  • Construction Materials: Brick
  • Levels: One
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Total Bedrooms: 5
  • Cooling: None
  • Has Cooling: No
  • Heating: Forced Air, Gas
  • Has Heating: Yes
Exterior Features
  • Roof: Asphalt
  • Stories: 1
Multi Family
Multi Family Information
  • Number of Units In Community: 3
  • Total Number of Units: 3
Income & Expenses
  • Gross Income: $21,180.00
  • Net Operating Income: $21,180.00
Unit Information
Unit 1
  • Actual Rent: $500.00
  • Actual Rent Range: 500
  • Area: 400.0
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Description: Laundry,Range/Oven,Refrigerator
  • Occupant Type: Occupied
Unit 2
  • Actual Rent: $590.00
  • Actual Rent Range: 590
  • Area: 700.0
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Description: Basement Tenant Use,Laundry,Range/Oven,Refrigerator
  • Occupant Type: Occupied
Unit 3
  • Actual Rent: $700.00
  • Actual Rent Range: 700
  • Area: 800.0
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Description: Laundry,Range/Oven,Refrigerator
  • Occupant Type: Occupied
Rental
Rent Information
  • Security Deposit: $5,000.00

Property History for 5216 West Ridge Road

DateEvent & SourcePriceAppreciation
Jan 20, 2022

Sold

Greater Erie Board of REALTORS #161951

$140,000
Jan 1, 2022

Listed (Active)

Greater Erie Board of REALTORS #161951

$160,000
Dec 31, 2021

Expired

Greater Erie Board of REALTORS #157182

$160,000
DateEvent & SourcePrice
01/20/2022

Sold

Greater Erie Board of REALTORS #161951

$140,000
01/01/2022

Listed (Active)

Greater Erie Board of REALTORS #161951

$160,000
12/31/2021

Expired

Greater Erie Board of REALTORS #157182

$160,000

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

Public Records for 5216 West Ridge Road

Taxable ValueLand$35,800Additions$99,700Total$135,500
Tax Record2026$3,860 ($322 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,480 SqFtAbove Grade Finished SqFt1,480 SqFtUnfinished Basement SqFt400 SqFtStories1Lot Size88,950 SqFtStyleSingle Family ResidenceYear Built1966Year Renovated1966ZoningARCountyERIEAPN33-041-230.0-035.02

Schools near 5216 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 5216 West Ridge Road, Erie, PA 16506
$140,000
5
3
1,480
88,949
$85,000
4,978,908
3
2,205
239,144
$330,000
6,829
309,276
$275,000
151,763
$175,000
2,640
11,099

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 Joe Herbert Realty

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.