1328 PATTERSON Avenue, Erie, PA 16508
MULTI_FAMILY - Other - Erie, PA
- Added:
- Jun 13, 2026
- Days on Market:
- 5
- Last Refresh:
- Jun 17 at 12:06 am
Property Features for 1328 PATTERSON Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 4, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 3
- Parking features
- Garage
- Standard status
- Active
- APN
- 19-062-023.0-324.00
- Size
- 2,232 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 2995
- Expense value
- 5000
- Expense
- SecurityDeposit
- Expense freq.
- One Time
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1926
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- AluminumSiding, VinylSiding
- Roof type
- Asphalt
- Architectural style
- Other
Listing agent Seth Tuttle Jr License #RS281697 (814) 572-7962
Listing office RE/MAX Real Estate Group East 4939 Buffalo Road, Erie, PA (814) 898-3558
Listing date Jun 13, 2026
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.
HighLights
- Duplex built in 1926 with two 2‑bedroom, 1‑bath units
- Recent upgrades include new roof in 2025, newer furnaces, and central A/C
- Vinyl replacement windows, vinyl siding, and added insulation
- Updated electrical and rebuilt covered front porches
- Detached 2‑car garage with a concrete driveway
- Public water and public sewer; heating is natural gas forced air
Overview
The property is located on a quiet, low-traffic side street in Erie, Pennsylvania. The configuration supports flexible ownership and occupancy, with two self-contained units under one roofline.
For owner-occupants or landlords, the current setup is designed to reduce downtime: both units are described as move-in ready, and the duplex includes a strong rental history. Whether you choose to live in one unit and rent the other or acquire it as a residential income property, the extensive updates and maintained exterior improvements help support smoother day-to-day operation.
Local Financial Insights For Multifamily LT 5
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 | $22.8k | $10.20 |
| − Vacancy | −$865 | −$0.39 |
| EGI | $21.9k | $9.81 |
| − OpEx | −$6.6k | −$2.94 |
| NOI | $15.3k | $6.87 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Erie
- County
- Erie
- State
- Pennsylvania
- Longitude
- -80.098889
- Latitude
- 42.098327
