Investment opportunity! This duplex features two updated units with strong income potential. Each unit has previously rented for $950 per month, offering the opportunity for an investor to generate substantial cash flow. With separate living spaces and low operating expenses, this property is ideal for both seasoned investors and owner-occupants looking to offset their mortgage with rental income. Conveniently located near shopping, restaurants, schools, and major roadways. Whether you're looking to add to your portfolio or live in one unit while renting the other, this property is a must see.
Sold for $142,000
$142,000
308 Hess Ave, Erie, PA 16507
4beds
2baths
2,024sqft
Multi Family
Built in 1923
-- sqft lot
$142,700 Zestimate®
$70/sqft
$919 Estimated rent
Home value
$142,700
$136,000 - $150,000
$919/mo
Zestimate® history
Owner options
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$919/mo
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$919/mo
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$1,032/mo
Est. payment
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$1,032/mo
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List your homeWhat's special
Updated unitsSeparate living spaces
Zillow last checked:
Listing updated:
Listed by:
Jennie Bone (814)835-1200,
Howard Hanna Erie Southwest
Bought with:
Marcus Lewkowicz, RS380351
Agresti Real Estate
Source: GEMLS,MLS#: 191292Originating MLS: Greater Erie Board Of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air, Gas
Cooling
- None
Interior area
- Total structure area: 2,024
- Total interior livable area: 2,024 sqft
Property
Lot
- Size: 3,781 Square Feet
- Dimensions: 36 x 105 x 0 x 0
Details
- Parcel number: 14010044.0220.00
- Zoning description: R-2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding, Vinyl Siding
- Roof: Asphalt
Condition
- Resale
- Year built: 1923
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Erie
Financial & listing details
- Price per square foot: $70/sqft
- Tax assessed value: $35,770
- Annual tax amount: $1,462
- Date on market: 6/4/2026
- Cumulative days on market: 11 days
- Listing terms: Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/31/2026 | Sold | $142,000-5.3%$70/sqft |
Source: GEMLS #191292 Report a problem | ||
| 6/14/2026 | Pending sale | $149,900$74/sqft |
Source: GEMLS #191292 Report a problem | ||
| 6/4/2026 | Listed for sale | $149,900+308.4%$74/sqft |
Source: GEMLS #191292 Report a problem | ||
| 1/31/2002 | Sold | $36,700$18/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $1,462 +3.4% | $35,770 |
| 2025 | $1,414 | $35,770 |
| 2024 | $1,414 +5.2% | $35,770 |
| 2023 | $1,345 +2.1% | $35,770 |
| 2022 | $1,316 | $35,770 |
| 2021 | $1,316 +95.4% | $35,770 |
| 2020 | $674 -44.9% | $35,770 |
| 2019 | $1,222 -12.8% | $35,770 |
| 2018 | $1,401 +3.6% | $35,770 |
| 2017 | $1,353 +0.7% | $35,770 |
| 2016 | $1,344 +15.9% | $35,770 |
| 2015 | $1,159 | $35,770 |
| 2014 | $1,159 +557.3% | $35,770 |
| 2013 | $176 -18.6% | $35,770 -0.1% |
| 2012 | $217 | $35,800 |
| 2011 | $217 | $35,800 |
| 2010 | $217 +11% | $35,800 |
| 2009 | $195 | $35,800 |
| 2008 | -- | $35,800 |
| 2005 | $1,103 +971.3% | $35,800 |
| 2004 | $103 | $35,800 |
| 2003 | -- | $35,800 |
Find assessor info on the county website
Neighborhood: 16507
Nearby homes
- $97,0004 bd2 ba2.1k sqft312-14 Hess Ave, Erie, PA 16507Off Market
- $115,2001 bd1 ba600 sqft302-6 Hess Ave, Erie, PA 16507Off Market
- $--1 bd1 ba600 sqft306 Hess Ave, Erie, PA 16507Off Market
- $85,1004 bd2 ba2.1k sqft316-18 Hess Ave, Erie, PA 16507Off Market
- $--1 bd1 ba700 sqft304 Hess Ave, Erie, PA 16507Off Market
- $79,5003 bd1 ba1.5k sqft305 Lighthouse St, Erie, PA 16507Off Market
- $94,9003 bd1 ba1.5k sqft320 Hess Ave, Erie, PA 16507Off Market
- $125,1003 bd2 ba1.7k sqft315 Lighthouse St, Erie, PA 16507Off Market
Nearby schools
GreatSchools rating
- 3/10Edison Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 3/10East Middle SchoolGrades: 6-8Distance: 0.3 mi
- 1/10Erie High SchoolGrades: 9-12Distance: 3 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.
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$142,700
2% more
+$2,854
With Zillow Showcase(estimated)
$145,554
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$142,700
2% more
+$2,854
With Zillow Showcase(estimated)
$145,554
- Pennsylvania
- Erie County
- Erie
- 16507
- 308 Hess Ave
