3223 W 12TH Street Erie, PA ^$ 440,000

3223 W 12TH Street

^$ 440,000

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3223 W 12TH Street

Erie, PA, 16505

^$ 440,000

Bedrooms7 Baths4.0 Sq 3,172

Monthly Estimate*

^$ 2,778

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Multi-Family Home for sale in Erie, PA

for $440,000 with 7 bedrooms and 4 full baths. This 3,172 square foot home was built in 1950 on a lot size of 0.6457.

Wonderful Rare Investment Opportunity in Millcreek! Main Home is Owner Occupied with two 2 Bedroom Apartments w/ separate utilities(except garbage-split x 3) & entrances. PLUS this Home is located on an AWESOME, Large & Fenced lot! Main Home is beautifully remodeled and has a spacious Remodeled Eat-in Kitchen(appliances excluded), Formal Dining Room, Living Room, Remodeled Full Bath, Gorgeous Floors, 2 Gracious Size 1st Fl. Bedrooms and 2 Spacious 2nd Fl. Bedrooms, Basement with has Partially Finished Room and a Finished Bonus Room along with a 3/4 Car Garage with additional Finished Bonus Room off back of Garage and Overhead Storage. The 1st Fl & 2nd Floor apartments are 2 Bedroom, 1 Bath, Lr & Kitchen(appliances included) and are currently rented below market rents Section 8 (2nd Fl Tenant lease expires Aug. 1st pays $800, 1st. Fl lease expires 1/1/27 pays $750) Both pay own utilities and 1/3 of Garbage) and do not have Garage, Yard or Basement access. Disclosure to come

Multi-Family Active

Price

^$ 440,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 5,176

Style

Lot Size

0.6457

Year Built

1950

Town/City

Erie

County/Region

Erie

MLS | Web ID

192289

Features

General

Sewer Public Sewer

Possession Close Plus 60 to 90 Days

Construction Materials Aluminum Siding

Security Deposit 25000

Township Millcreek Township

Property Subtype Multi Family

Tax Year 2026

County Erie

Property Type Residential Income

Garage Y/N true

Status Active

Directions W. 12th.(W of Peninsula Dr.) to 3324 on N. side of street

City Erie

Zoning Description R-1

MLS Area 5 - Millcreek N of W26

Lot Size Units Acres

Tax Annual Amount 5176

Standard Status Active

Tax Assessed Value 181700

Heating Gas Radiant

Cooling Window Unit(s)

High School District Millcreek

Middle/Junior School District Millcreek

Elementary School District Millcreek

Year Built 1950

Year Built Details Estimate

Property Condition Good Condition Resale

Roof Asphalt

Garage Spaces 4

Architectural Style One and One Half Story

Levels One and One Half

Gross Income 18600

Net Operating Income 10838

Insurance Expense 1600

Number Of Units Total 3

MaintenanceExpense 300

Water Sewer Expense 600

Interior

Air Conditioning Y/N true

Heating Y/N true

Total Baths 4

Total Bedrooms 7

Exterior

Water Source Public

Lot Size Area 0.6457

Building Area Total 3172

Lot Dimensions 150x200x0x0

Lot Size Acres 0.6457

Lot Features Landscaped Level

Parking Features Oversized

Road Surface Type Paved

* Excluded Features

List By

Agresti Real Estate

Broker

dynamicduo34620@gmail.com

Affordability Calculator

$3,210

Per Month

Monthly Principal & Interest: $2,778
Monthly Property Taxes: $431
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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

Trends
Schools

Multi-family listings in Erie, PA

Average List Price ^$347,731

Percent of Sale Price 21%

About Erie, PA

98,207 Population

-5% Since 2002

^$35,437 Median Income

35.3 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2358936 Elementary School

2358943 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/30/2026	$440,000		Listed Price

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3223 W 12TH Street, Erie, PA, 16505 is a Multi-Family Home for sale at $440,000 with 3,172 sqft and a lot size of 0.6457. 3223 W 12TH Street has 7 bedrooms, 4.0 baths, and was built in 1950. The property's zip code is 16505 which is in Erie, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the Greater Erie Board of Realtors.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Greater Erie Board of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 8/5/2026.

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3223 W 12TH Street

Multi-Family Home for sale in Erie, PA

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