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Two-Unit Duplex with Original Woodwork
For Sale
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1207-09 E Lake Road, Erie, PA 16507

The property carries R-2 zoning and sits along the EMTA bus route.

Property Size2,024 SF
Price / SF$32.07
Days on Market12

Property Features for 1207-09 E Lake Road

General Information

Standard status Active
Size 2,024 SF
Total Parking Spaces 2
Property subtype Multifamily
Zoning R-2
Net Operating Income $16,554

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Additional Details

Public Transit Yes

Building Details

Year Built 1917
Stories 2
Units 2
Listing Agency: Agresti Real Estate
Listed By: Jake Scheloske · License #PA RS.318016
Source: Crexi
Added: Aug 1 Changed: Aug 9 Last Checked: Aug 11 at 9:50AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Agresti Real Estate

Investment Insights

Based on property information with market context.

This 2,024-square-foot duplex, built in 1917, contains two separate residential units. Each unit has two bedrooms and one full bathroom, along with living areas, original woodwork, and ornamental fireplaces. Partial renovation work has started in both kitchens and bathrooms, and the property is being sold as-is.

The building is located at 1207-09 E Lake Road in Erie, near East 6th and Brandes Streets. It is positioned along the EMTA bus route and across from Speedway, with shopping and neighborhood amenities identified nearby. The property is zoned R-2.

Key Highlights

  • Two‑unit duplex with 2,024 square feet
  • Each unit includes 2 bedrooms and 1 full bathroom
  • Built in 1917 with original woodwork and ornamental fireplaces

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office HVAC Service Skin Care Clinic (Bike/Boat/Book/etc) Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

358
Businesses Nearby

Demographics for 16507, PA

9,429
Population
4,149
Households
2.3
Avg Household Size
31
Median Age
20%
College-Educated
88%
High-School Grad
2.1 sq mi
ZIP Area
4,490
Density / Sq Mi
$34,474
Median Household Income
$20,833
Median Earnings
$1,016
Median Rent
$66,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - The property carries R-2 zoning and sits along the EMTA bus route.
Where is this duplex located?
The property is located at 1207-09 E Lake Road Erie, PA.
What is the asking price?
The asking price for this property is $64,900.
What are key features of this property?
This property features: Two‑unit duplex with 2,024 square feet; Each unit includes 2 bedrooms and 1 full bathroom; Built in 1917 with original woodwork and ornamental fireplaces
(814) 449-7973 Call to check price and availability
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