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.
Pending
$149,900
308 Hess Ave, Erie, PA 16507
4beds
2baths
2,024sqft
Multi Family
Built in 1923
-- sqft lot
$146,000 Zestimate®
$74/sqft
$-- HOA
What's special
Updated unitsSeparate living spaces
- 83 days |
- 36 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Jennie Bone (814)835-1200,
Howard Hanna Erie Southwest 814-835-1200
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: $74/sqft
- Tax assessed value: $35,770
- Annual tax amount: $1,462
- Date on market: 6/4/2026
- Cumulative days on market: 84 days
- Road surface type: Paved
Estimated market value
Zestimate®
$146,000
Estimated sales range
$139,000 - $153,000
Rent Zestimate®
$884/mo
Price history
| Date | Event | Price |
|---|---|---|
| 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 |
|---|---|---|
| 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
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 16507
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.
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