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    312 E 12Th St Erie, PA 16504

    Sponsored
    For Sale
    $139,900

    MULTI_FAMILY - Other - Erie, PA

    Property size:
    3,640 SF
    Lot size:
    0.16 Acres
    Days on Market:
    9
    Last Refresh:
    Jan 8 at 12:06 am

    Property Features for 312 E 12Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 3, Bedroom 7, Bedroom 1, Bathroom 3, Bathroom 1, Bedroom 4, Bedroom 6, Bedroom 8, Bedroom 5, Bedroom 2, Bathroom 2
    Bedrooms
    8
    Bathrooms
    3
    APN
    15-020-011.7-135.00
    Parking
    3
    Size
    3,640 SF
    Lot size
    0.16 Acres

    Taxes and HOA fees

    Expense value
    2500
    Expense
    SecurityDeposit
    Expense freq.
    One Time

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Water source
    Public

    Building Details

    Year built
    1877
    Floors in Building
    2
    Number of units
    3
    Building materials
    Mixed, VinylSiding
    Roof type
    Composition, Asphalt
    Architectural style
    Other

    Agresti Real Estate (814) 459-9400 [email protected]

    Listing agent Jake Scheloske (814) 449-7973 License #RS318016

    Listing date Dec 31, 2025

    MLS# 189204 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.

    Overview

    Three-Unit Investment Property in Erie

    This three-unit investment property is located in a convenient area of Erie, PA, close to shopping, dining, and major amenities. The property features a two-unit duplex at the front of the parcel and a separate single-family residence at the rear, all on one deeded parcel. Each unit includes on-site laundry. Gas and electric utilities are separately metered and paid by the tenants. The owner currently covers water, sewer, and garbage services. The property, with a total size of 3640 square feet on a 0.156-acre lot, presents a solid income-producing opportunity with potential for future rent adjustments, subject to market conditions. It is ideal for investors seeking a multi-unit asset with strong fundamentals.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Erie
    County
    Erie
    State
    Pennsylvania
    Longitude
    -80.074984
    Latitude
    42.126309

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    FAQs

    What type of property is this?
    Triplex - Multi-unit property with income potential near amenities in Erie, PA.
    Where is this triplex located?
    The property is located at 312 E 12Th St Erie, PA.
    What is the asking price?
    The asking price for this property is $139,900.
    What are key features of this property?
    This property features: - Solid income-producing three-unit property.; - Separate single-family residence and duplex on one parcel.; - Utilities separately metered and paid by tenants (gas and electric).
    (814) 449-7973
    Request Owner's contact information
    312 E 12Th St Erie, PA 16504
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    Erie, PA 16504
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    312 E 12Th St Erie, PA 16504
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