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.
For sale
$144,900
406 Raspberry St, Erie, PA 16507
5beds
2baths
1,840sqft
Est.:
Multi Family
Built in 1892
-- sqft lot
$-- Zestimate®
$79/sqft
$-- HOA
What's special
- 4 days |
- 675 |
- 16 |
Zillow last checked: 7 hours ago
Listing updated: March 20, 2026 at 08:26am
Listed by:
Jake Scheloske,
Agresti Real Estate 814-459-9400
Source: GEMLS,MLS#: 189997Originating MLS: Greater Erie Board Of Realtors
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Heating
- Forced Air, Gas
Cooling
- None
Interior area
- Total structure area: 1,840
- Total interior livable area: 1,840 sqft
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 3,267 Square Feet
- Dimensions: 33 x 99 x 0 x 0
- Features: Flat
Details
- Parcel number: 17040035.0207.00
- Zoning description: R-2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Composition
Condition
- Good Condition
- Year built: 1892
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Deposit fee: $2,500
Location
- Region: Erie
Financial & listing details
- Price per square foot: $79/sqft
- Tax assessed value: $52,000
- Annual tax amount: $2,125
- Date on market: 3/19/2026
- Cumulative days on market: 5 days
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,089/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/19/2026 | Listed for sale | $144,900+15.9%$79/sqft |
Source: GEMLS #189997 Report a problem | ||
| 12/30/2024 | Sold | $125,000-10.7%$68/sqft |
Source: GEMLS #180802 Report a problem | ||
| 11/30/2024 | Pending sale | $139,900$76/sqft |
Source: GEMLS #180802 Report a problem | ||
| 11/18/2024 | Listed for sale | $139,900+459.6%$76/sqft |
Source: GEMLS #180802 Report a problem | ||
| 9/10/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 9/6/2023 | Listed for rent | $775 |
Source: Zillow Rentals Report a problem | ||
| 4/3/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/27/2023 | Listed for rent | $775+24% |
Source: Zillow Rentals Report a problem | ||
| 1/28/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 1/21/2021 | Listed for rent | $625+5% |
Source: Zillow Rental Manager Report a problem | ||
| 5/29/2018 | Listing removed | $595 |
Source: Owner Report a problem | ||
| 4/28/2018 | Listed for rent | $595 |
Source: Owner Report a problem | ||
| 4/19/2010 | Sold | $25,000$14/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,056 | $52,000 |
| 2024 | $2,056 +5.2% | $52,000 |
| 2023 | $1,955 +2.1% | $52,000 |
| 2022 | $1,914 | $52,000 |
| 2021 | $1,914 +95.4% | $52,000 |
| 2020 | $979 -44.9% | $52,000 |
| 2019 | $1,776 -12.8% | $52,000 |
| 2018 | $2,037 +3.6% | $52,000 |
| 2017 | $1,966 +0.7% | $52,000 |
| 2016 | $1,953 +15.9% | $52,000 |
| 2015 | $1,685 | $52,000 |
| 2014 | $1,685 +557.3% | $52,000 |
| 2013 | $256 -7.1% | $52,000 +14% |
| 2012 | $276 | $45,620 |
| 2011 | $276 | $45,620 |
| 2010 | $276 +11% | $45,620 |
| 2009 | $249 | $45,620 |
| 2008 | -- | $45,620 |
| 2005 | $1,405 +246.6% | $45,620 |
| 2004 | $405 | $45,620 |
| 2003 | -- | $45,620 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$878/mo
Principal & interest
$694
Property taxes
$184
More affordability tools
Climate risks
Neighborhood: 16507
Nearby schools
GreatSchools rating
- 2/10Harding El SchoolGrades: PK-5Distance: 0.9 mi
- 5/10Strong Vincent Middle SchoolGrades: 6-8Distance: 0.4 mi
- 1/10Erie High SchoolGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- District: City-Erie
Source: GEMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 16507
- Pennsylvania
- Erie County
- Erie
- 16507
- 406 Raspberry St



