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2-Unit Duplex with Garage
New
For Sale
$109,900

2318-2320 CHERRY Street, Erie, PA 16502

ResidentialIncome, Erie, PA

Property Size2,288 SF
Lot Size0.12 Acres
Price / SF$48.03
Days on Market5

Property Features for 2318-2320 CHERRY Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description R-2
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 3
Parking 2
Parking features Garage
Lot features Corner Lot
Elementary school district City-Erie
Middle school district City-Erie
High school district City-Erie
Directions W. 26th Street, north on Cherry Street to corner of W. 24th St.
Subdivision 3 - Erie Southwest
Standard status Active
APN 19-060-019.0-301.00
Size 2,288 SF
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 2488
Expense value 2000
Expense SecurityDeposit
Expense freq. One Time

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air
Water source Public

Amenities

individual washer/dryer in basement
covered balcony or porch
fenced yard

Building Details

Year built 1924
Floors in Building 2
Number of units 2
Building materials Asphalt
Roof type Composition
Architectural style Other
Listing Agency: Agresti Real Estate
Listed By: Jake Scheloske · License #RS318016
Added: Oct 19 Changed: Oct 21 Last Checked: Oct 23 at 1:06AM
MLS# 193641

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.

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Investment Insights

Based on property information with market context.

Built in 1924, this 2,288-square-foot duplex contains two separate residences. Each unit has two bedrooms, one full bathroom, a kitchen, living room, dining room, and access to a covered balcony or porch. Both units connect to a basement with individual washers and dryers, and separate utilities allow independent billing. Central air conditioning and forced-air natural gas heat serve the property.

The 0.1177-acre corner lot includes a fenced yard and a two-car garage. Replacement windows were installed in 2019. The roof was replaced approximately 20 years ago with 50-year shingles.

Key Highlights

  • Two units, each with 2 bedrooms and 1 full bathroom
  • 2,288 square feet on a 0.1177‑acre corner lot
  • Individual washers and dryers in the basement; separate utilities for each unit

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,462
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each residence has two bedrooms, a private kitchen, and basement access with its own washer and dryer.
Where is this duplex located?
The property is located at 2318-2320 CHERRY Street Erie, PA.
What is the asking price?
The asking price for this property is $109,900.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 full bathroom; 2,288 square feet on a 0.1177‑acre corner lot; Individual washers and dryers in the basement; separate utilities for each unit
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