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Remodeled Furnished Duplex
For Sale
$179,900

902 W 5th St, Erie, PA 16507

Each unit offers three bedrooms and one bath, with laundry hookups in both.

Property Size2,928 SF
Price / SF$61.44
Days on Market179

Property Features for 902 W 5th St

General Information

Standard status Active
Size 2,928 SF
Property subtype Residential Income

Units

Unit Mix 2 x 3BR/1BA
Multifamily Units 2

Additional Details

Furnished Yes

Taxes and HOA fees

Annual Taxes $2,912

Amenities

washer/dryer hookups
Listing Agency: eXp Realty - Meadville
Listed By: Caleb Kowalczyk · License #RS364924
Source: Exprealty
Added: Mar 6 Changed: Aug 31 Last Checked: Aug 31 at 6:43PM

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 eXp Realty - Meadville

Investment Insights

Based on property information with market context.

This 2,928-square-foot duplex contains two furnished units, each configured with three bedrooms and one bathroom. The first-floor residence has recently received new flooring and appliances, while the property also includes updated plumbing, electrical work, and flooring improvements. Both units have washer and dryer hookups, and the second-floor unit includes a washer and dryer.

The property was previously operated as a short-term rental and can support owner occupancy, continued short-term use, or a long-term rental arrangement. The seller is installing new stairs serving the side entrance and adding railings to the exterior stairs.

Key Highlights

  • Two‑unit duplex with 2,928 square feet
  • Both units include 3 beds and 1 bath
  • First‑floor unit has new floors and appliances

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Nail Salon Real Estate Agency Spa & Massage Center Hair Salon Electrical Service 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

Location Intelligence

Trade Area within ½ mile

556
Businesses Nearby

Demographics for 16507, PA

9,429
Population
4,149
Households
2.3
Avg Household Size
31
Median Age
20%
College-Educated
88%
High-School Grad
2.1 sq mi
ZIP Area
4,490
Density / Sq Mi
$34,474
Median Household Income
$20,833
Median Earnings
$1,016
Median Rent
$66,300
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 - Each unit offers three bedrooms and one bath, with laundry hookups in both.
Where is this duplex located?
The property is located at 902 W 5th St Erie, PA.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: Two‑unit duplex with 2,928 square feet; Both units include 3 beds and 1 bath; First‑floor unit has new floors and appliances
More about this property
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