312 EAST 12TH Street Erie, PA $ 139,900
312 EAST 12TH Street
$ 139,900
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312 EAST 12TH Street

Erie, PA, 16504
$ 139,900
Bedrooms8 Baths3.0 Sq 3,640

Monthly Estimate*

$ 873

312 EAST 12TH Street, Erie, PA 16504 - Image 1
312 EAST 12TH Street, Erie, PA 16504 - Image 2
312 EAST 12TH Street, Erie, PA 16504 - Image 3
312 EAST 12TH Street, Erie, PA 16504 - Image 4

Multi-Family Home for sale in Erie, PA

for $139,900 with 8 bedrooms and 3 full baths. This 3,640 square foot home was built in 1877 on a lot size of 0.156.

Three-unit investment property located in a convenient area close to shopping, dining, and major amenities. The property consists of a two-unit duplex situated at the front of the parcel and a separate single-family residence located at the rear, all on one deeded parcel. Each unit features on-site laundry, and gas and electric utilities are separately metered and paid by the tenants. The owner currently pays for water, sewer, and garbage services. The property presents a solid income-producing opportunity with potential for future rent adjustments, subject to market conditions. Ideal for investors seeking a multi-unit asset with strong fundamentals. Schedule a showing to explore the potential this property offers.

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Multi-Family Active

Price

$ 139,900

Bedrooms

8

Full Bath

3

Property Type

Multi-Family

Taxes

$ 1,835

Style

Lot Size

0.156

Year Built

1877

Town/City

Erie

County/Region

Erie

MLS | Web ID

189204

Features
General
Sewer Public Sewer
Possession Subject To Tenant Rights
Construction Materials Mixed Vinyl Siding
Security Deposit 2500
Township Erie
Property Subtype Multi Family
Tax Year 2025
County Erie
Property Type Residential Income
Status Active
Directions From downtown Erie head east on E 10th St turn left onto Parade St then right onto E 12th St—312 E 12th St will be on your right.
City Erie
Zoning Description RLB
MLS Area 1 - Erie Northeast
Lot Size Units Acres
Tax Annual Amount 1835
Standard Status Active
Tax Assessed Value 46400
Heating Forced Air Gas
Cooling None
High School District City-Erie
Middle/Junior School District City-Erie
Elementary School District City-Erie
Year Built 1877
Year Built Details Actual
Property Condition Average Condition Resale
Roof Asphalt Composition
Garage Spaces 0
Architectural Style Two Story
Stories Count 2
Levels Two
Gross Income 25200
Net Operating Income 19405
Insurance Expense 1500
Number Of Units Total 3
MaintenanceExpense 1260
Water Sewer Expense 1200
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Interior
Air Conditioning Y/N false
Heating Y/N true
Total Baths 3
Total Bedrooms 8
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Exterior
Water Source Public
Lot Size Area 0.156
Building Area Total 3640
Lot Dimensions 41x165x0x0
Lot Size Acres 0.156
Total Parking 3
Road Surface Type Paved
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* Excluded Features
List By
Agresti Real Estate

Broker

jake@tryagresti.com

Email

Affordability Calculator

$1,026
Per Month
85%
15%
0%
Monthly Principal & Interest
$873
Monthly Property Taxes
$153
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2358928 Elementary School
2358969 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/31/2025$139,900 Listed Price

Map


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312 EAST 12TH Street, Erie, PA, 16504 is a Multi-Family Home for sale at $139,900 with 3,640 sqft and a lot size of 0.156. 312 EAST 12TH Street has 8 bedrooms, 3.0 baths, and was built in 1877. The property's zip code is 16504 which is in Erie, PA