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Duplex Investment Property
For Sale
$99,900

609 E 7th St, Erie, PA 16502

The two-unit layout supports owner occupancy alongside rental use or separate tenancy in both units.

Property Size2,556 SF
Price / SF$39.08
Days on Market17

Property Features for 609 E 7th St

General Information

Standard status Active
Size 2,556 SF
Property subtype Residential Income

Property Condition

Severity Repairs Needed
Evidence updating

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $783
Listing Agency: Howard Hanna Erie East
Listed By: Bill Lake
Source: Exprealty
Added: Oct 1 Changed: Oct 16 Last Checked: Oct 16 at 2:00PM

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 Howard Hanna Erie East

Rey
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Investment Insights

Based on property information with market context.

This duplex contains two units within 2,556 square feet and is presented as a property requiring updates. The configuration offers the option of occupying one unit while renting the other, or operating both as rentals.

The property is located in Erie, near the Bayfront, downtown, schools, and medical facilities.

Key Highlights

  • Two‑unit duplex totaling 2,556 square feet
  • Updating is needed
  • Near Erie's Bayfront, downtown, schools, and medical facilities

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Locksmith Catering Service (Bike/Boat/Book/etc) Store Electrical Service Veterinary Clinic

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

900
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 - The two-unit layout supports owner occupancy alongside rental use or separate tenancy in both units.
Where is this duplex located?
The property is located at 609 E 7th St Erie, PA.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: Two‑unit duplex totaling 2,556 square feet; Updating is needed; Near Erie's Bayfront, downtown, schools, and medical facilities
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