Well-Maintained Duplex Investment
For Sale
$102,500
2676 Maple St, Erie, PA 16508
Two-unit duplex with off-street parking and full occupancy, sized for owner-occupant flexibility in Erie, PA.
Property Size1,496 SF
Price / SF$68.52
Days on Market101
Property Features for 2676 Maple St
General Information
Standard status
Active
Size
1,496 SF
Property subtype
Residential Income
Occupancy
100%
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,321
Listing Agency:
Agresti Real Estate
(814) 459-9400
Listed By:
Connor Imboden · License #RS337408
(814) 602-1826
Source:
Exprealty
Added: Jul 27
Changed: Oct 26
Last Checked: Nov 3 at 8:56AM
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 Agresti Real Estate
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Investment Insights
Based on property information with market context.
This well-maintained duplex investment property consists of two units and is fully occupied, providing an income-producing setup from day one. The property includes off-street parking located in the back of the building.
Located at 2676 Maple St in Erie, PA, the central placement supports convenient day-to-day access for residents. The two-unit configuration also offers an owner-occupant option: live in one unit while the other unit helps offset ownership costs.
With a total property size of 1,496 SF, this duplex is positioned for straightforward ownership and continued operation under the current occupancy, with parking support for the tenants at the rear.
Located at 2676 Maple St in Erie, PA, the central placement supports convenient day-to-day access for residents. The two-unit configuration also offers an owner-occupant option: live in one unit while the other unit helps offset ownership costs.
With a total property size of 1,496 SF, this duplex is positioned for straightforward ownership and continued operation under the current occupancy, with parking support for the tenants at the rear.
Key Highlights
- Two‑unit duplex fully occupied
- Off‑street parking in the back of the property
- Centrally located at 2676 Maple St, Erie, PA
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,194
Cap Rate
8.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$183,880
$183.9K
Cap Rate 7%
$131,343
$131.3K
Cap Rate 9%
$102,156
$102.2K
Market Conditions
NOI Build-Up for 1,496 SF
Gross rent
$17.4K $11.64/SF
− Vacancy
−$697 −$0.47/SF
EGI
$16.7K $11.17/SF
− OpEx
−$7.5K −$5.03/SF
NOI
$9.2K $6.15/SF
Area
Erie County, PA
Vacancy
4.00%
Lease Rate
$11.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$183,880
Cap Rate 7%
$131,343
Cap Rate 9%
$102,156
Alternative Uses
Best Use
Multifamily LT 5
$146.8K
$128.5K – $171.3K
NOI $10,276 @ 7.0% cap · market cap 10.03%
Second Best
Apartment 5plus
$131.3K
$114.9K – $153.2K
NOI $9,194 @ 7.0% cap · market cap 8.97%
Theoretical Best
Office A
$371.1K
$324.8K – $433.0K
NOI $25,980 @ 7.0% cap · market cap 25.35%
Zoning and permitted uses should be independently verified with authorities.
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See the owner, sales and loan history
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Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,569
Businesses Nearby
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Business Placement
Demographics for 16508, PA
15,172
Population
7,385
Households
2.1
Avg Household Size
40
Median Age
28%
College-Educated
93%
High-School Grad
2.8 sq mi
ZIP Area
5,419
Density / Sq Mi
$52,361
Median Household Income
$36,209
Median Earnings
$852
Median Rent
$121,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit duplex with off-street parking and full occupancy, sized for owner-occupant flexibility in Erie, PA.
Where is this duplex located?
The property is located at 2676 Maple St Erie, PA.
What is the asking price?
The asking price for this property is $102,500.
What are key features of this property?
This property features: Two‑unit duplex fully occupied; Off‑street parking in the back of the property; Centrally located at 2676 Maple St, Erie, PA
