406 Raspberry Street, Erie, PA 16502

Local realty services provided by:CENTURY 21 Frontier Realty
406 Raspberry Street,Erie, PA 16502
$144,900
  • 5 Beds
  • - Baths
  • 1,840 sq. ft.
  • Multi-family
  • Active
Listed by: jake scheloske
Office: agresti real estate
MLS#:189997
Source:PA_GEBR

Price summary

  • Price:$144,900
  • Price per sq. ft.:$78.75

About this home

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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Home facts

  • Year built:1892
  • Listing ID #:189997
  • Added:1 day(s) ago
  • Updated:March 19, 2026 at 10:58 PM

Rooms and interior

  • Bedrooms:5
  • Living area:1,840 sq. ft.

Heating and cooling

  • Heating:Forced Air, Gas

Structure and exterior

  • Roof:Composition
  • Year built:1892
  • Building area:1,840 sq. ft.
  • Lot area:0.07 Acres
  • Lot Features:Flat
  • Architectural Style:Two Story
  • Construction Materials:Vinyl Siding
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$144,900
  • Price per sq. ft.:$78.75
  • Tax amount:$2,125 (2026)