# 38 N PARK Row, Erie, PA 16501

> **TL;DR:** 23bd/18ba residential multi family, $2,750,000 ($208/sqft), built 1868, 13,200 sqft. Est. $11,917/mo. Listed 13 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,750,000 |
| Price/sqft | $208 |
| Bedrooms | 23 |
| Bathrooms | 18 full |
| Square Feet | 13,200 |
| Year Built | 1868 |
| Lot Size | 3,485 sqft (0.08 acres) |
| Stories | 3 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 13 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $11,917 |
| **Total** | **$11,917** |

## Property Highlights

- Built in 1868
- 0.08 acre lot
- 3 stories

## Description

### Agent Description
This exceptional investment opportunity features 17 residential units & 1 commercial space (18) ideally located in the heart of downtown Erie. Positioned w/in close proximity to Gannon University, Erie Insurance, UPMC, the Bayfront & a vibrant mix of restaurants & nightlife the property offers strong tenant demand & long-term stability. The building has been completely remodeled from basement to roof including updated flooring, windows, plumbing, electrical systems, & mechanicals ensuring low maintenance & modern efficiency. Each unit is thoughtfully designed most w/granite countertops & stainless steel appliances delivering a high-end living experience that attracts quality tenants. 24/7 surveillance system & secure entry access provides a safe & controlled environment for residents. Convenient on-site laundry. With 100% occupancy this turnkey asset presents a fantastic cash flow opportunity for investors seeking immediate returns & long-term appreciation in a prime location.

## Location

- **Address:** 38 N PARK Row, Erie, PA 16501
- **County:** Erie
- **Coordinates:** 42.129727, -80.086964
- **Google Maps:** https://www.google.com/maps?q=42.129727,-80.086964

## Listing Agent

- **Name:** Jake Scheloske
- **Brokerage:** Agresti Real Estate
- **Phone:** (814) 459-9400
- **Email:** jake@tryagresti.com

## Primary Photo

![38 N PARK Row - Primary Photo](http://lh.rdcpix.com/c7925f98c2d6bca104bb3b8a44c291aal-f1186708791r.jpg)

*44 total photos available on [listing page](https://www.propertysimple.com/listing/38-n-park-row-erie-pa-16501-a190057)*

---

**MLS#:** 190057 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Greater Erie Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/38-n-park-row-erie-pa-16501-a190057)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "name": "38 N PARK Row, Erie, PA 16501",
  "description": "This exceptional investment opportunity features 17 residential units & 1 commercial space (18) ideally located in the heart of downtown Erie. Positioned w/in close proximity to Gannon University, Erie Insurance, UPMC, the Bayfront & a vibrant mix of restaurants & nightlife the property offers strong tenant demand & long-term stability. The building has been completely remodeled from basement to roof including updated flooring, windows, plumbing, electrical systems, & mechanicals ensuring low ma",
  "url": "https://www.propertysimple.com/listing/38-n-park-row-erie-pa-16501-a190057",
  "image": "http://lh.rdcpix.com/c7925f98c2d6bca104bb3b8a44c291aal-f1186708791r.jpg",
  "datePosted": "2026-04-24",
  "price": 2750000,
  "priceCurrency": "USD",
  "address": {
    "@type": "PostalAddress",
    "streetAddress": "38 N PARK Row",
    "addressLocality": "Erie",
    "addressRegion": "PA",
    "postalCode": "16501",
    "addressCountry": "US"
  },
  "geo": {
    "@type": "GeoCoordinates",
    "latitude": 42.129727,
    "longitude": -80.086964
  },
  "numberOfRooms": 23,
  "numberOfBathroomsTotal": 18,
  "floorSize": {
    "@type": "QuantitativeValue",
    "value": 13200,
    "unitCode": "FTK"
  },
  "yearBuilt": 1868
}
```