Duplex-Style Rental with Mobile
1341-1343 E 7TH Street Erie, PA 16503
1341-1343 E 7TH Street, Erie, PA, 16503
$140,000
For Sale
$140,000
MULTI_FAMILY - Erie, PA
Property Size1,981 SF
Lot Size0.33 Acres
Price / SF$70.67
Days on Market13
Property Features for 1341-1343 E 7TH Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Residential
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 3, Bathroom 3, Bedroom 6, Bedroom 5, Bedroom 2, Bathroom 2
- Standard status
- Active
- APN
- 14-011-001.0-108.00
- Size
- 1,981 SF
- Lot size
- 0.33 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 2127
- Expense value
- 3000
- Expense
- SecurityDeposit
- Expense freq.
- One Time
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 2004
- Number of units
- 2
- Building materials
- Frame
- Roof type
- Composition
Listing Agency
Agresti Real Estate
(814) 459-9400
2635 W 26th Street, Erie, PA
Listed by
Dan Cruz · License #RS357852
(814) 460-0742
Added: Jul 7 Checked: Jul 19 at 2:06 am
MLS# 191855
Listing URL
Copyright © 2026 Greater Erie Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property is a rental income offering on one lot comprising two parcels. It includes one mobile home and one apartment located above a garage, creating two distinct living units within the same overall site. The listing is identified as part of a broader package of five properties.
The asset is zoned for residential use and is located in Erie, Pennsylvania (postal code 16503). The total lot size is listed as 0.33 acres, with a property size of 1,981 square feet.
For tenants or owners seeking a small, self-contained rental setup, the unit configuration may be attractive because it combines a mobile home and an additional apartment above a garage on the same grounds. This can be a workable fit for buyers looking to add to a portfolio in a multi-property package, and it may also be relevant for investors reviewing the associated MLS listings: 191853, 191854, 191855, 191856, and 191857.
The asset is zoned for residential use and is located in Erie, Pennsylvania (postal code 16503). The total lot size is listed as 0.33 acres, with a property size of 1,981 square feet.
For tenants or owners seeking a small, self-contained rental setup, the unit configuration may be attractive because it combines a mobile home and an additional apartment above a garage on the same grounds. This can be a workable fit for buyers looking to add to a portfolio in a multi-property package, and it may also be relevant for investors reviewing the associated MLS listings: 191853, 191854, 191855, 191856, and 191857.
Key Highlights
- Two parcels on one lot, including one mobile home and one apartment above a garage
- Income‑producing property as part of a 5‑property package (MLS # 191853–191857)
- Year built 2004 with frame construction
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $23.1k | $11.64 |
| − Vacancy | −$922 | −$0.47 |
| EGI | $22.1k | $11.17 |
| − OpEx | −$10.0k | −$5.03 |
| NOI | $12.2k | $6.15 |
1,981 SF · lease $11.64/SF/yr · vacancy 4.00% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$194.4K
$170.1K – $226.8K
NOI $13,607 @ 7.0% cap · market cap 9.72%
Second Best
Apartment 5plus
$173.9K
$152.2K – $202.9K
NOI $12,175 @ 7.0% cap · market cap 8.70%
Theoretical Best
Office A
$491.5K
$430.0K – $573.4K
NOI $34,403 @ 7.0% cap · market cap 24.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Rental income property on one lot with a mobile home and an apartment above a garage.
Where is this duplex located?
The property is located at 1341-1343 E 7TH Street Erie, PA.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: Two parcels on one lot, including one mobile home and one apartment above a garage; Income‑producing property as part of a 5‑property package (MLS # 191853–191857); Year built 2004 with frame construction
