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Duplex With Unfinished Expansion Space
New
For Sale
$150,000

22973 & 22975 GRAVEL RUN Road, Saegertown, PA 16433

MULTI_FAMILY - Other - Saegertown, PA

Property Size3,354 SF
Lot Size0.22 Acres
Price / SF$44.72
Days on Market1

Property Features for 22973 & 22975 GRAVEL RUN Road

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 5
Parking 4
Lot features Corner Lot, Mineral Rights
Elementary school district Penncrest
Middle school district Penncrest
High school district Penncrest
Directions Route 86 from Cambridge Springs or Meadville to the intersection of Gravel Run Road. Property is on the Southwest Corner.
Subdivision 22 - Saegertown/Hayfield/Woodcock
Standard status Active
APN 6801-061
Size 3,354 SF
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 1745
Expense value 5000
Expense SecurityDeposit
Expense freq. One Time

Utilities

Sewer type Septic Tank
Heating system Forced Air, Natural Gas
Cooling system Central Air
Water source Well

Amenities

central air

Building Details

Year built 1977
Floors in Building 2
Number of units 3
Building materials Frame, VinylSiding
Roof type Metal
Architectural style Other
Listing Agency: RE/MAX Hometown Realty · RE/MAX International
Listed By: Kristin Horner · License #RS335925
Added: Aug 12 Last Checked: Aug 12 at 5:06PM
MLS# 192574

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 3,354-square-foot duplex includes two recently updated apartments, with a 3bed/1bath layout upstairs and a 2bed/1bath layout downstairs. Each apartment has central air, while the property also provides off-street parking. An unfinished third-unit area adds 0.22 acres of additional property and could be configured as a storefront, office, or other space, subject to applicable requirements.

Built in 1977, the frame building has vinyl siding, a metal roof, forced-air natural gas heat, well water, and a septic tank. The property is located on Gravel Run Road in Saegertown, within the Penncrest school district.

Key Highlights

  • 3,354 square feet on 0.22 acres
  • Upper apartment: 3bed/1bath; lower apartment: 2bed/1bath
  • Recently updated apartments with central air

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Auto Repair Shop (Bike/Boat/Book/etc) Store

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

7
Businesses Nearby

Demographics for 16433, PA

4,982
Population
2,094
Households
2.4
Avg Household Size
46
Median Age
24%
College-Educated
92%
High-School Grad
56.5 sq mi
ZIP Area
88
Density / Sq Mi
$73,289
Median Household Income
$46,888
Median Earnings
$721
Median Rent
$173,300
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 - Recently updated apartments include central air, separate parking, and additional unfinished space for future buildout.
Where is this duplex located?
The property is located at 22973 & 22975 GRAVEL RUN Road Saegertown, PA.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 3,354 square feet on 0.22 acres; Upper apartment: 3bed/1bath; lower apartment: 2bed/1bath; Recently updated apartments with central air
More about this property
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