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Fully Occupied Duplex
For Sale
$125,000

1347 W 8th St, Erie, PA 16502

Two-unit residential property with established tenants and convenient access to shopping, restaurants, schools, and local amenities.

Property Size2,024 SF
Price / SF$61.76
Days on Market95

Property Features for 1347 W 8th St

General Information

Standard status Active
Size 2,024 SF
Property subtype Residential Income
Occupancy 100%

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,208

Building Details

Tenancy Multi
Listing Agency: Weichert Realtors - The Pro Group
Listed By: Abby Schaefer · License #RS346123
Source: Exprealty
Added: May 29 Changed: Aug 30 Last Checked: Aug 30 at 1:46AM

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 Weichert Realtors - The Pro Group

Investment Insights

Based on property information with market context.

This 2-unit duplex contains 2,024 square feet and is fully occupied by established tenants. The property offers an existing rental configuration with both units in place, supporting ongoing residential income under the current tenancy. No FHA or VA financing is available for the sale.

Located at 1347 W 8th St in Erie, the property provides access to shopping, restaurants, schools, and other local amenities. Its Northwest Erie setting supports convenient day-to-day access for residents while maintaining a residential neighborhood context.

Key Highlights

  • Fully occupied 2‑unit duplex
  • 2,024 square feet of residential property
  • Established tenants already in place

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Computer & Electronic Repair Nail Salon 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
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

541
Businesses Nearby

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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential property with established tenants and convenient access to shopping, restaurants, schools, and local amenities.
Where is this duplex located?
The property is located at 1347 W 8th St Erie, PA.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Fully occupied 2‑unit duplex; 2,024 square feet of residential property; Established tenants already in place
More about this property
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