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    3145 Lake Front Dr Erie, PA 16505

    For Sale
    $849,900

    MULTI_FAMILY - Other - Erie, PA

    Property size:
    2,049 SF
    Lot size:
    0.10 Acres
    Days on Market:
    15
    Last Refresh:
    Dec 13 at 7:06 am

    Property Features for 3145 Lake Front Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 8, Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 7, Bedroom 3, Bedroom 6, Bedroom 2, Bathroom 2, Bedroom 5
    Bedrooms
    8
    Bathrooms
    2
    APN
    33-007-019.0-183.00
    Parking
    5
    Size
    2,049 SF
    Lot size
    0.10 Acres

    Taxes and HOA fees

    Expense value
    25000
    Expense
    SecurityDeposit
    Expense freq.
    One Time

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Cooling system
    Central Air
    Water source
    Public
    Water front features
    Waterfront
    Water front
    1

    Building Details

    Year built
    1938
    Floors in Building
    2
    Number of units
    2
    Building materials
    Mixed, VinylSiding
    Roof type
    Composition
    Architectural style
    Other

    Marsha Marsh Real Estate Services (814) 866-8840 [email protected]

    Listing agent Lucas Marsh (814) 490-4033 License #RS315686

    Listing date Nov 29, 2025

    MLS# 188962 Listing URL

    Copyright © 2025 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

    Lake Erie Investment Property

    This two-unit investment property is located steps away from Lake Erie, offering year-round access to the water. The second unit features an open-concept living area, suitable for entertaining, with the kitchen connecting to both indoor and outdoor spaces. Residents can enjoy walks on the beach or launch kayaks and paddleboards. The property is situated on a lot of approximately 0.1038 acres and has a total area of 2049 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Erie
    County
    Erie
    State
    Pennsylvania
    Longitude
    -80.160493
    Latitude
    42.109053

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    FAQs

    What type of property is this?
    Duplex - Two-unit investment property near Lake Erie with water access.
    Where is this duplex located?
    The property is located at 3145 Lake Front Dr Erie, PA.
    What is the asking price?
    The asking price for this property is $849,900.
    What are key features of this property?
    This property features: - Waterfront property, steps away from Lake Erie with year-round water access.; - Two-unit investment property.; - Open concept living space in the 2nd unit, ideal for entertaining.
    (814) 490-4033
    Request Owner's contact information
    3145 Lake Front Dr Erie, PA 16505
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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
    3145 Lake Front Dr Erie, PA 16505
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