Real Estate Investment Properties for Sale in Erie, PA

Looking for investment property in Erie, PA with high ROI ?

Explore a variety of short-term homes & houses in Erie, PA. Invest wisely with VRBO & Erie, PA Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Erie, PA

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2816 CARTER Avenue Erie, PA This one won't last long! Almost one acre in Millcreek. Property is set back off of road. ...	2 beds \| 1 baths \| 1,075 sq.ft.	$129,900	Airbnb cash on cash: 6.69% Traditional cash on cash: 8.4% Airbnb Rental Income: $1726 Traditional Rental Income: $1463 Airbnb ROI: 6.69% Traditional ROI: 8.4%
2927 WESTLINE Street Erie, PA Well maintained 2 story, centrally located in Millcreek. Spacious living room, dining room...	3 beds \| 2 baths \| 1,200 sq.ft.	$189,900	Airbnb cash on cash: 6.41% Traditional cash on cash: 7.35% Airbnb Rental Income: $2267 Traditional Rental Income: $1870 Airbnb ROI: 6.41% Traditional ROI: 7.35%
3908 MARION Street Erie, PA Move right in the charming Southeast Erie ranch!! Newer windows, vinyl sided, paved drive...	3 beds \| 1 baths \| 960 sq.ft.	$149,900	Airbnb cash on cash: 8.2% Traditional cash on cash: 6.43% Airbnb Rental Income: $2267 Traditional Rental Income: $1447 Airbnb ROI: 8.2% Traditional ROI: 6.43%
502 CHAUTAUQUA Boulevard Erie, PA Charming Cape Cod home just seconds away from Lake Erie and the Chautauqua Park lake acces...	2 beds \| 1 baths \| 1,098 sq.ft.	$157,500	Airbnb cash on cash: 5.05% Traditional cash on cash: 6.26% Airbnb Rental Income: $1726 Traditional Rental Income: $1432 Airbnb ROI: 5.05% Traditional ROI: 6.26%
5105 LA RAE Drive Erie, PA Here it is- a great tri-level in a sought after Millcreek neighborhood with a BIG fenced-i...	3 beds \| 2 baths \| 1,584 sq.ft.	$279,900	Airbnb cash on cash: 3.55% Traditional cash on cash: 5.29% Airbnb Rental Income: $2267 Traditional Rental Income: $2159 Airbnb ROI: 3.55% Traditional ROI: 5.29%
5458 GARDNER Drive Erie, PA This is a wonderful and spacious tri-level home in sought-after Millcreek Township and sch...	4 beds \| 2 baths \| 1,960 sq.ft.	$330,000	Airbnb cash on cash: 7.36% Traditional cash on cash: 5.96% Airbnb Rental Income: $3912 Traditional Rental Income: $2637 Airbnb ROI: 7.36% Traditional ROI: 5.96%
4239 CONRAD Road Erie, PA Move right into this 3 bedroom home. Spacious living room with picture window and newer vi...	3 beds \| 1 baths \| 864 sq.ft.	$154,900	Airbnb cash on cash: 7.97% Traditional cash on cash: 6.91% Airbnb Rental Income: $2267 Traditional Rental Income: $1543 Airbnb ROI: 7.97% Traditional ROI: 6.91%
7070 MERIDIAN Drive Erie, PA This affordable 2-bedroom, 1.5-bath home offers comfortable single-story living in Summit....	2 beds \| 2 baths \| 960 sq.ft.	$149,900	Airbnb cash on cash: 5.95% Traditional cash on cash: 9.41% Airbnb Rental Income: $1726 Traditional Rental Income: $1746 Airbnb ROI: 5.95% Traditional ROI: 9.41%
363 E 38TH Street Erie, PA Two unit investment property for sale. Great location. Very well maintained. Perfect fo...	3 beds \| N/A baths \| 1,416 sq.ft.	$155,000	Airbnb cash on cash: 8.01% Traditional cash on cash: 7.63% Airbnb Rental Income: $2267 Traditional Rental Income: $1645 Airbnb ROI: 8.01% Traditional ROI: 7.63%
3004 CARTER Avenue Erie, PA Welcome to 3004 Carter Ave., truly a home youâll fall in love with as you cross the thre...	4 beds \| 2 baths \| 2,279 sq.ft.	$399,999	Airbnb cash on cash: 5.11% Traditional cash on cash: 4% Airbnb Rental Income: $3912 Traditional Rental Income: $2655 Airbnb ROI: 5.11% Traditional ROI: 4%
1007 E 28TH Street Erie, PA Fantastic one story home with extensive updates! Make this cozy home your own. Lots of nat...	3 beds \| 1 baths \| 1,842 sq.ft.	$149,900	Airbnb cash on cash: 8.44% Traditional cash on cash: 8.09% Airbnb Rental Income: $2267 Traditional Rental Income: $1649 Airbnb ROI: 8.44% Traditional ROI: 8.09%
1221 W GORE Road Erie, PA Claim this beautifully remolded cape cod in the heart of Millcreek! Stripped down to the s...	3 beds \| 4 baths \| 1,839 sq.ft.	$320,000	Airbnb cash on cash: 3.07% Traditional cash on cash: 8% Airbnb Rental Income: $2267 Traditional Rental Income: $3185 Airbnb ROI: 3.07% Traditional ROI: 8%
1761 West 26th Erie, PA Update R/E Taxes have been reduced. Space for everything, parking for everyone! This...	3 beds \| N/A baths \| 13,573 sq.ft.	$550,000	Airbnb cash on cash: 0.07% Traditional cash on cash: -0.27% Airbnb Rental Income: $2267 Traditional Rental Income: $1526 Airbnb ROI: 0.07% Traditional ROI: -0.27%
2010 LAKESIDE Drive Erie, PA Lot #2, Sunset Pointe. One-story Lakefront Home with spectacular sunsets and incredible v...	3 beds \| 3 baths \| 1,778 sq.ft.	$659,900	Airbnb cash on cash: 1.33% Traditional cash on cash: 2.06% Airbnb Rental Income: $2267 Traditional Rental Income: $2150 Airbnb ROI: 1.33% Traditional ROI: 2.06%
2018 LAKESIDE Drive Erie, PA Lot #3, Sunset Pointe. One-story Lakefront home with spectacular sunsets and incredible vi...	3 beds \| 3 baths \| 1,778 sq.ft.	$659,900	Airbnb cash on cash: 1.34% Traditional cash on cash: 3.01% Airbnb Rental Income: $2267 Traditional Rental Income: $2727 Airbnb ROI: 1.34% Traditional ROI: 3.01%
2026 LAKESIDE Drive Erie, PA Lot #4, Sunset Pointe. One-story Lakefront Homes with spectacular sunsets and incredible ...	3 beds \| 3 baths \| 1,778 sq.ft.	$659,900	Airbnb cash on cash: 1.36% Traditional cash on cash: 2.09% Airbnb Rental Income: $2267 Traditional Rental Income: $2148 Airbnb ROI: 1.36% Traditional ROI: 2.09%
4862 EQUESTRIAN Drive #62 Erie, PA Spectacular Home Built By Diamond Designs Situated In Asbury Woods Estates. Two-Story Feat...	4 beds \| 4 baths \| 3,155 sq.ft.	$869,900	Airbnb cash on cash: 2.49% Traditional cash on cash: 2.75% Airbnb Rental Income: $3912 Traditional Rental Income: $3288 Airbnb ROI: 2.49% Traditional ROI: 2.75%
302 GREENHURST DR Erie, PA Invest with success and buy through Auction.com. This bank-owned investment property is a ...	4 beds \| 3.5 baths \| 3,228 sq.ft.	$487,000	Airbnb cash on cash: 4.38% Traditional cash on cash: 4.75% Airbnb Rental Income: $3912 Traditional Rental Income: $3240 Airbnb ROI: 4.38% Traditional ROI: 4.75%
403 CLIFTON Drive Erie, PA Cute, updated home near the lake in Millcreek. Newer windows, Kitchen, furnace, and more! ...	2 beds \| 2 baths \| 1,155 sq.ft.	$170,000	Airbnb cash on cash: 4.7% Traditional cash on cash: 4.68% Airbnb Rental Income: $1726 Traditional Rental Income: $1246 Airbnb ROI: 4.7% Traditional ROI: 4.68%
422 W 9TH Street Erie, PA This home has been completely renovated within the past 2 years. Four bedrooms, 2 full bat...	4 beds \| 2 baths \| 2,794 sq.ft.	$279,900	Airbnb cash on cash: 8.19% Traditional cash on cash: 6.67% Airbnb Rental Income: $3912 Traditional Rental Income: $2670 Airbnb ROI: 8.19% Traditional ROI: 6.67%
10163 SAMPSON Road Erie, PA ONE-OF-A-KIND, AUTHENTIC STONE & WOOD HOME WITH THE ORIGINAL 1881 HOME PRESERVED. 4 BEDROO...	3 beds \| 3 baths \| 11,743 sq.ft.	$1,895,000	Airbnb cash on cash: -0.57% Traditional cash on cash: -0.17% Airbnb Rental Income: $2267 Traditional Rental Income: $2399 Airbnb ROI: -0.57% Traditional ROI: -0.17%
140 E 31ST Street Erie, PA Come check out this home full of love. High ceilings, new light fixtures, newer windows, r...	3 beds \| 1 baths \| 1,424 sq.ft.	$129,900	Airbnb cash on cash: 9.64% Traditional cash on cash: 8.91% Airbnb Rental Income: $2267 Traditional Rental Income: $1609 Airbnb ROI: 9.64% Traditional ROI: 8.91%
1775 TOWNHALL Road W Erie, PA Welcome to 1775 Townhall road, a beautifully transformed gem in Summit! This impressive 4...	4 beds \| 2 baths \| 2,100 sq.ft.	$260,000	Airbnb cash on cash: 9.86% Traditional cash on cash: 7.57% Airbnb Rental Income: $3912 Traditional Rental Income: $2507 Airbnb ROI: 9.86% Traditional ROI: 7.57%
8410 WINDSOR BEACH Court Erie, PA Vacation All Year Round in this One Owner, Custom Built, Lake Front Property located on a ...	3 beds \| 3 baths \| 2,632 sq.ft.	$539,900	Airbnb cash on cash: 0.81% Traditional cash on cash: 3.65% Airbnb Rental Income: $2267 Traditional Rental Income: $3132 Airbnb ROI: 0.81% Traditional ROI: 3.65%
533 MONTPELIER Avenue Erie, PA Discover this charming and cozy ranch-style home located in a desirable Millcreek neighbor...	2 beds \| 1 baths \| 952 sq.ft.	$175,000	Airbnb cash on cash: 4.4% Traditional cash on cash: 3.18% Airbnb Rental Income: $1726 Traditional Rental Income: $1046 Airbnb ROI: 4.4% Traditional ROI: 3.18%
4892 EQUESTRIAN Drive #67 Erie, PA Quality Custom By Diamond Design Builders, This Fantastic Two-Story Is Perfectly Placed On...	4 beds \| 4 baths \| 3,165 sq.ft.	$849,900	Airbnb cash on cash: 1.19% Traditional cash on cash: 1.75% Airbnb Rental Income: $3912 Traditional Rental Income: $3510 Airbnb ROI: 1.19% Traditional ROI: 1.75%
2441 NORCROSS Road Erie, PA Your own little Millcreek paradise - .83 acre lot with deep backyard features deck, above ...	2 beds \| 1 baths \| 982 sq.ft.	$169,900	Airbnb cash on cash: 4.47% Traditional cash on cash: 6.69% Airbnb Rental Income: $1726 Traditional Rental Income: $1609 Airbnb ROI: 4.47% Traditional ROI: 6.69%
235 EDGEWATER Circle Erie, PA WELCOME TO THIS STUNNING RESIDENCE CUSTOM BUILD BY PAUL LUCIANO BUILDERS, INC. NESTLE IN T...	4 beds \| 5 baths \| 4,000 sq.ft.	$1,495,000	Airbnb cash on cash: -0.15% Traditional cash on cash: 1.19% Airbnb Rental Income: $3912 Traditional Rental Income: $4934 Airbnb ROI: -0.15% Traditional ROI: 1.19%
1868 PROSPECT Avenue Erie, PA Step into this charming 1-story, 2-bedroom abode where modern updates meet classic eleganc...	2 beds \| 1 baths \| 768 sq.ft.	$104,500	Airbnb cash on cash: 9.31% Traditional cash on cash: 7.98% Airbnb Rental Income: $1726 Traditional Rental Income: $1114 Airbnb ROI: 9.31% Traditional ROI: 7.98%
4001 STATE Street Erie, PA 4001 STATE STREET LOCATED IN THE PRESTIGIOUS GLENWOOD HILLS AREA OF ERIE CITY IS A STUNNIN...	4 beds \| 4 baths \| 4,612 sq.ft.	$1,850,000	Airbnb cash on cash: -0.43% Traditional cash on cash: 0.09% Airbnb Rental Income: $3912 Traditional Rental Income: $3966 Airbnb ROI: -0.43% Traditional ROI: 0.09%
8207 WILLOW GLEN Drive Erie, PA This beautifully landscaped manufactured home was built in 2008, offering 2 bedrooms, 1 ba...	2 beds \| 1 baths \| 896 sq.ft.	$67,000	Airbnb cash on cash: 5.85% Traditional cash on cash: 10.34% Airbnb Rental Income: $1726 Traditional Rental Income: $1549 Airbnb ROI: 5.85% Traditional ROI: 10.34%
29 LONGFELLOW Drive Erie, PA Easy condo living, in this one story home with full basement and two car attached garage. ...	2 beds \| 2 baths \| 1,304 sq.ft.	$239,900	Airbnb cash on cash: 0.94% Traditional cash on cash: 4.65% Airbnb Rental Income: $1726 Traditional Rental Income: $2090 Airbnb ROI: 0.94% Traditional ROI: 4.65%
1906 UNION Avenue Erie, PA Ranch style home with many possibilities. It can be a single-family home with an in-law u...	2 beds \| 3 baths \| 2,238 sq.ft.	$164,900	Airbnb cash on cash: 3.57% Traditional cash on cash: 11.98% Airbnb Rental Income: $1726 Traditional Rental Income: $2573 Airbnb ROI: 3.57% Traditional ROI: 11.98%
4340 TROON Avenue Erie, PA STUNNING TWO STORY HOME IN TURNBERRY SUBDIVISION OFFERS FOUR BEDROOMS, TWO AND ONE-HALF BA...	4 beds \| 3 baths \| 3,072 sq.ft.	$544,900	Airbnb cash on cash: 3.34% Traditional cash on cash: 3.97% Airbnb Rental Income: $3912 Traditional Rental Income: $3393 Airbnb ROI: 3.34% Traditional ROI: 3.97%
5404 WINDCREST Drive Erie, PA BRAND NEW BUILD IN HARBORCREEK SCHOOL DISTRICT BUILT BY FINAZZO BUILDERS. THREE BEDROOM WI...	3 beds \| 2 baths \| 1,750 sq.ft.	$524,900	Airbnb cash on cash: 2.14% Traditional cash on cash: 3.33% Airbnb Rental Income: $2267 Traditional Rental Income: $2286 Airbnb ROI: 2.14% Traditional ROI: 3.33%
5209 LAURELWOOD Court Erie, PA Welcome to your dream home in the heart of Woodshire! This custom contemporary design is a...	4 beds \| 5 baths \| 5,029 sq.ft.	$750,000	Airbnb cash on cash: 1.89% Traditional cash on cash: 4.22% Airbnb Rental Income: $3912 Traditional Rental Income: $4697 Airbnb ROI: 1.89% Traditional ROI: 4.22%
317 W 6TH Street Erie, PA WELCOME TO THIS HOME IN THE HEART OF ERIE CITY, AN EXCEPTIONAL HISTORIC PROPERTY NESTLED A...	4 beds \| 4 baths \| 6,006 sq.ft.	$1,250,000	Airbnb cash on cash: 0.95% Traditional cash on cash: 0.95% Airbnb Rental Income: $3912 Traditional Rental Income: $3070 Airbnb ROI: 0.95% Traditional ROI: 0.95%
1233 TOWER Lane #4 Erie, PA Welcome to this stunning condo in the sought-after South Shore Court Condo Association! Th...	4 beds \| 3 baths \| 1,448 sq.ft.	$339,900	Airbnb cash on cash: 5.62% Traditional cash on cash: 4.14% Airbnb Rental Income: $3912 Traditional Rental Income: $2596 Airbnb ROI: 5.62% Traditional ROI: 4.14%
8710 PERRY Highway Erie, PA Welcome Home! Discover this beautiful home nestled on 3+ private, wooded acres in a desira...	3 beds \| 3 baths \| 2,485 sq.ft.	$379,900	Airbnb cash on cash: 2.4% Traditional cash on cash: 5.35% Airbnb Rental Income: $2267 Traditional Rental Income: $2752 Airbnb ROI: 2.4% Traditional ROI: 5.35%
8655 EAST LAKE Road Erie, PA Looking for green space with a terrific location? Check out this Harborcreek home with 10+...	3 beds \| 2 baths \| 1,726 sq.ft.	$295,000	Airbnb cash on cash: 3.99% Traditional cash on cash: 6.04% Airbnb Rental Income: $2267 Traditional Rental Income: $2268 Airbnb ROI: 3.99% Traditional ROI: 6.04%

Real Estate investment in Erie, PA

There are 109 properties for sale in the city of Erie . The median list price in Erie is $169,900 and the average price per square foot is $94. In December 2024, the average monthly cash on cash return in Erie is 8.00%. The average monthly rental income in Erie is $2,093.

Erie, PA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 109 investment properties available for sale in Erie.

In 2024, the best neighborhood to buy investment property is Erie.

The ROI for Short-Term is higher than the Long-Term in Erie with average rental income of $2,267.

Your search for investment property begins and ends here

Investment Property for Sale in Erie, PA

2816 CARTER Avenue

Erie, PA

2 beds | 1 baths | 1,075 sq.ft.

$129,900

Airbnb cash on cash: 6.69%

Traditional cash on cash: 8.4%

Airbnb Rental Income: $1726

Traditional Rental Income: $1463

Airbnb ROI: 6.69%

Traditional ROI: 8.4%

2927 WESTLINE Street

Erie, PA

3 beds | 2 baths | 1,200 sq.ft.

$189,900

Airbnb cash on cash: 6.41%

Traditional cash on cash: 7.35%

Airbnb Rental Income: $2267

Traditional Rental Income: $1870

Airbnb ROI: 6.41%

Traditional ROI: 7.35%

3908 MARION Street

Erie, PA

3 beds | 1 baths | 960 sq.ft.

$149,900

Airbnb cash on cash: 8.2%

Traditional cash on cash: 6.43%

Airbnb Rental Income: $2267

Traditional Rental Income: $1447

Airbnb ROI: 8.2%

Traditional ROI: 6.43%

502 CHAUTAUQUA Boulevard

Erie, PA

2 beds | 1 baths | 1,098 sq.ft.

$157,500

Airbnb cash on cash: 5.05%

Traditional cash on cash: 6.26%

Airbnb Rental Income: $1726

Traditional Rental Income: $1432

Airbnb ROI: 5.05%

Traditional ROI: 6.26%

5105 LA RAE Drive

Erie, PA

3 beds | 2 baths | 1,584 sq.ft.

$279,900

Airbnb cash on cash: 3.55%

Traditional cash on cash: 5.29%

Airbnb Rental Income: $2267

Traditional Rental Income: $2159

Airbnb ROI: 3.55%

Traditional ROI: 5.29%

5458 GARDNER Drive

Erie, PA

4 beds | 2 baths | 1,960 sq.ft.

$330,000

Airbnb cash on cash: 7.36%

Traditional cash on cash: 5.96%

Airbnb Rental Income: $3912

Traditional Rental Income: $2637

Airbnb ROI: 7.36%

Traditional ROI: 5.96%

4239 CONRAD Road

Erie, PA

3 beds | 1 baths | 864 sq.ft.

$154,900

Airbnb cash on cash: 7.97%

Traditional cash on cash: 6.91%

Airbnb Rental Income: $2267

Traditional Rental Income: $1543

Airbnb ROI: 7.97%

Traditional ROI: 6.91%

7070 MERIDIAN Drive

Erie, PA

2 beds | 2 baths | 960 sq.ft.

$149,900

Airbnb cash on cash: 5.95%

Traditional cash on cash: 9.41%

Airbnb Rental Income: $1726

Traditional Rental Income: $1746

Airbnb ROI: 5.95%