406 RASPBERRY Street Erie, PA $ 144,900
406 RASPBERRY Street
$ 144,900
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406 RASPBERRY Street

Erie, PA, 16502
$ 144,900
Bedrooms5 Baths0.0 Sq 1,840

Monthly Estimate*

$ 892

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Multi-Family Home for sale in Erie, PA

for $144,900 with 5 bedrooms. This 1,840 square foot home was built in 1892 on a lot size of 0.075.

Don’t miss this chance to own a turnkey, income-producing property with immediate returns and future upside with this fully-occupied duplex, ideal for both seasoned investors and those looking to grow their portfolio. The property features two well-maintained units, with the first floor offering 2 bedrooms and 1 bath, and the second floor providing a spacious 3-bedroom, 1-bath layout. Both units have been updated with luxury vinyl plank (LVP) flooring, adding durability and modern appeal, along with windows that improve energy efficiency and tenant comfort. The property includes separate utilities for each unit, as well as a separated basement, enhancing convenience and reducing owner expenses. Tenants are responsible for all utilities, plus landscaping and snow removal, making this a low-maintenance investment. With strong rental demand in the area, there is clear potential to increase rents and maximize cash flow.

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Multi-Family Active

Price

$ 144,900

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 2,125

Style

Lot Size

0.075

Year Built

1892

Town/City

Erie

County/Region

Erie

MLS | Web ID

189997

Features
General
Sewer Public Sewer
Possession Subject To Tenant Rights
Construction Materials Vinyl Siding
Security Deposit 2500
Township Erie
Property Subtype Multi Family
Tax Year 2026
County Erie
Property Type Residential Income
Status Active
Directions W. 6th St. north on Raspberry St.
City Erie
Zoning Description R-2
MLS Area 2 - Erie Northwest
Lot Size Units Acres
Tax Annual Amount 2125
Standard Status Active
Tax Assessed Value 52000
Heating Forced Air Gas
Cooling None
High School District City-Erie
Middle/Junior School District City-Erie
Elementary School District City-Erie
Year Built 1892
Year Built Details Estimate
Property Condition Good Condition
Roof Composition
Garage Spaces 0
Architectural Style Two Story
Stories Count 2
Levels Two
Gross Income 18300
Net Operating Income 13515
Insurance Expense 800
Number Of Units Total 2
MaintenanceExpense 900
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Interior
Air Conditioning Y/N false
Heating Y/N true
Total Bedrooms 5
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Exterior
Water Source Public
Lot Size Area 0.075
Building Area Total 1840
Lot Dimensions 33x99x0x0
Lot Size Acres 0.075
Lot Features Flat
Road Surface Type Paved
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* Excluded Features
List By
Agresti Real Estate

Broker

jake@tryagresti.com

Email

Affordability Calculator

$1,069
Per Month
83%
17%
0%
Monthly Principal & Interest
$892
Monthly Property Taxes
$177
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
3/19/2026$144,900 Listed Price

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406 RASPBERRY Street, Erie, PA, 16502 is a Multi-Family Home for sale at $144,900 with 1,840 sqft and a lot size of 0.075. 406 RASPBERRY Street has 5 bedrooms, 0.0 baths, and was built in 1892. The property's zip code is 16502 which is in Erie, PA