Two-Unit Duplex with Laundry
New
For Sale
$95,000
Pending
821 W PLEASANT Street, Corry, PA 16407
ResidentialIncome, Corry, PA
Property Size1,411 SF
Lot Size0.39 Acres
Days on Market2
Property Features for 821 W PLEASANT Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
R-2
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 2, Bathroom 1
Elementary school district
Corry
Middle school district
Corry
High school district
Corry
Directions
Center St thru Corry then turn onto W Pleasant located at the top of hill
Subdivision
16 - Corry
Standard status
Pending
APN
08-034-132.0-009.00
Size
1,411 SF
Lot size
0.39 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
1549
Expense value
2500
Expense
SecurityDeposit
Expense freq.
One Time
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Window Unit(s)
Water source
Public
Amenities
laundry hookup
Building Details
Year built
1900
Floors in Building
2
Number of units
2
Building materials
Brick
Roof type
Asphalt
Architectural style
Other
Listing Agency:
RE/MAX Real Estate Group East · RE/MAX International
(814) 898-3558
Listed By:
Karen Puckly · License #RS307603
(814) 664-0990
Added: Oct 4
Changed: Oct 5
Last Checked: Oct 5 at 5:06PM
MLS# 193571
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 brick duplex contains two apartments with a combined 1,411 square feet. Both units have laundry hookups. The building dates to 1900 and has forced-air natural gas heat, window-unit cooling, an asphalt roof, public water, and public sewer. The property includes 0.3903 acres and an additional lot.
Long-term tenants occupy the apartments and handle utilities, snow plowing, and mowing. The property is at 821 W Pleasant Street in Corry, Pennsylvania.
Long-term tenants occupy the apartments and handle utilities, snow plowing, and mowing. The property is at 821 W Pleasant Street in Corry, Pennsylvania.
Key Highlights
- Two apartments totaling 1,411 square feet
- Property includes 0.3903 acres and an additional lot
- Laundry hookups in both apartments
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,672
Cap Rate
9.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$173,440
$173.4K
Cap Rate 7%
$123,886
$123.9K
Cap Rate 9%
$96,356
$96.4K
Market Conditions
NOI Build-Up for 1,411 SF
Gross rent
$16.4K $11.64/SF
− Vacancy
−$657 −$0.47/SF
EGI
$15.8K $11.17/SF
− OpEx
−$7.1K −$5.03/SF
NOI
$8.7K $6.15/SF
Area
Erie County, PA
Vacancy
4.00%
Lease Rate
$11.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$173,440
Cap Rate 7%
$123,886
Cap Rate 9%
$96,356
Alternative Uses
Best Use
Multifamily LT 5
$138.5K
$121.2K – $161.5K
NOI $9,692 @ 7.0% cap · market cap 10.20%
Second Best
Apartment 5plus
$123.9K
$108.4K – $144.5K
NOI $8,672 @ 7.0% cap · market cap 9.13%
Theoretical Best
Office A
$350.1K
$306.3K – $408.4K
NOI $24,504 @ 7.0% cap · market cap 25.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
395
Businesses Nearby
Explore this area
Business Placement
Demographics for 16407, PA
10,526
Population
5,178
Households
2
Avg Household Size
43
Median Age
21%
College-Educated
91%
High-School Grad
113.3 sq mi
ZIP Area
93
Density / Sq Mi
$48,962
Median Household Income
$34,053
Median Earnings
$694
Median Rent
$127,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence has laundry hookups, and tenants are responsible for utilities, plowing, and mowing.
Where is this duplex located?
The property is located at 821 W PLEASANT Street Corry, PA.
What is the asking price?
The asking price for this property is $95,000.
What are key features of this property?
This property features: Two apartments totaling 1,411 square feet; Property includes 0.3903 acres and an additional lot; Laundry hookups in both apartments
