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
$146,800 Zestimate®
$74/sqft
$-- HOA
What's special
Updated unitsSeparate living spaces
- 37 days |
- 133 |
- 7 |
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: 38 days
- Road surface type: Paved
Estimated market value
Zestimate®
$146,800
Estimated sales range
$139,000 - $154,000
Rent Zestimate®
$845/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 | -- | $35,800 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
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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Contact agent
- Pennsylvania
- Erie County
- Erie
- 16507
- 308 Hess Ave