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720 23rd St

Erie, PA 16503

7 bd 2,332 sqft Built 1912 Lot 4,800 sqft multi_family
Most recent sale
$45,000
Sep 17, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 7, 2022 Listed $89,900 MLS #165417
Sep 17, 2021 Sold $45,000 MLS #158174

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $40,000 $5,500 $45,500 $1,859
2024 $40,000 $5,500 $45,500 $1,760
2023 $40,000 $5,500 $45,500 $1,710
2022 $40,000 $5,500 $45,500 $1,674
2021 $40,000 $5,500 $45,500 $1,651
2020 $40,000 $5,500 $45,500 $1,640
2019 $40,000 $5,500 $45,500 $1,554
2018 $40,000 $5,500 $45,500 $1,536
2017 $40,000 $5,500 $45,500 $1,533
2016 $40,000 $5,500 $45,500 $1,521
2015 $40,000 $5,500 $45,500 $1,511
2014 $40,000 $5,500 $45,500 $1,474
2013 $40,000 $5,500 $45,500 $1,572
2012 $32,390 $5,100 $37,490 $1,385
2011 $32,390 $5,100 $37,490 $1,296
2010 $32,390 $5,100 $37,490 $1,296
2009 $32,390 $5,100 $37,490 $1,273
2008 $32,390 $5,100 $37,490 $1,264

Property facts

Year built
1912
Property type
multi_family
Stories
2
Beds
7
Baths
Living area
2,332 sqft
Lot size
4,800 sqft
ZIP code
16503
City
Erie
Street
23rd St
Coordinates
42.12062, -80.05924

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$270
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 720 23rd St last sell?
720 23rd St most recently sold on Sep 17, 2021 for $45,000.
What is the current tax assessment for 720 23rd St?
The most recent total assessment for 720 23rd St (year 2026) is $45,500 with $1,859 in property tax.
How does 720 23rd St's assessment compare to its last sale price?
The current assessment is 1.1% above the last sale price of $45,000.
When was 720 23rd St built?
720 23rd St was built in 1912.
How does 720 23rd St compare to others on 23rd St?
We track 8 other properties on 23rd St. Browse the list under "Other properties on 23rd St" to compare beds, baths, and sale history.
What are the property facts for 720 23rd St?
720 23rd St is a 7 bed, 2,332 sqft, 4,800 sqft lot multi_family.
Is 720 23rd St a flip candidate?
No — 720 23rd St does not appear in our flips dataset.
Is 720 23rd St a tax-appeal candidate?
No — 720 23rd St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+5.2%
Implied 1-yr
+20.9%
2026 Q2
$95.3K
2026 Q3
$99K
ZIP 16503 — Median Price History + Forecast

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