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
Price cut: $5K (7/30)
$129,900
406 Raspberry St, Erie, PA 16507
5beds
2baths
1,840sqft
Multi Family
Built in 1892
-- sqft lot
$-- Zestimate®
$71/sqft
$-- HOA
What's special
- 150 days |
- 548 |
- 28 |
Zillow last checked:
Listing updated:
Listed by:
Jake Scheloske 814-449-7973,
Agresti Real Estate 814-459-9400
Source: GEMLS,MLS#: 189997Originating MLS: Greater Erie Board Of Realtors
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
Location
- Region: Erie
Financial & listing details
- Price per square foot: $71/sqft
- Tax assessed value: $52,000
- Annual tax amount: $2,125
- Date on market: 3/19/2026
- Cumulative days on market: 151 days
- Road surface type: Paved
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,235/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/30/2026 | Price change | $129,900-3.7%$71/sqft |
Source: GEMLS #189997 Report a problem | ||
| 6/1/2026 | Price change | $134,900-3.3%$73/sqft |
Source: GEMLS #189997 Report a problem | ||
| 4/6/2026 | Price change | $139,500-3.7%$76/sqft |
Source: GEMLS #189997 Report a problem | ||
| 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: GEMLS #13711 Report a problem | ||
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
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
- 3/10Harding 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.
- $--2 bd1 ba950 sqft406 Raspberry St FLOOR 1, Erie, PA 16507Off Market
Save - $17,0003 bd2 ba1.7k sqft410 Raspberry St, Erie, PA 16507Sold
Save - $67,6001 bd1 ba720 sqft404 Raspberry St, Erie, PA 16507Off Market
Save - $112,3001 bd1 ba752 sqft1115 W 4th St, Erie, PA 16507Off Market
Save - $95,8006 bd2 ba2.7k sqft414 Raspberry St, Erie, PA 16507Off Market
Save - $92,0002 bd1 ba632 sqft1117 W 4th St, Erie, PA 16507Off Market
Save - $93,7002 bd2 ba1.1k sqft402 Raspberry St, Erie, PA 16507Off Market
Save - $106,5003 bd1 ba1.4k sqft1119 W 4th St, Erie, PA 16507Off Market
Save
A local agent can set up tours, give advice and negotiate with sellers.



