Listing Agency: Coldwell Banker Select, Realtors Erie j***@gmail.com Show Phone

Listed By: Jennifer Nelson · License #PA RS291942

Source: Crexi

Added: Apr 11 Changed: Aug 29 Last Checked: Aug 31 at 4:21AM

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Investment Insights

Based on property information with market context.

This duplex includes two residential units, each currently occupied by a long-term tenant. The units are described as being in clean condition, providing an established residential income configuration.

Key Highlights

• Two residential units
• Both units are occupied
• Long‑term tenants in place

Property Analytics

Property Profile

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Garden Center Carpet & Flooring Store Pet Grooming Service Home Appliance Store Florist

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

2,092

Businesses Nearby

Explore this area Business Placement

Demographics for 16502, PA

15,435

Population

7,811

Households

2

Avg Household Size

34

Median Age

18%

College-Educated

90%

High-School Grad

2.5 sq mi

ZIP Area

6,174

Density / Sq Mi

$34,649

Median Household Income

$27,342

Median Earnings

$831

Median Rent

$90,100

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Duplex - Both residences are occupied by long-term tenants.

Where is this duplex located?

The property is located at 407 W 18TH Street Erie, PA.

What are key features of this property?

This property features: Two residential units; Both units are occupied; Long‑term tenants in place