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Two-Unit Duplex Property
For Sale
$98,500
Pending

932 E 5th St, Erie, PA 16507

Two apartments offer distinct bedroom configurations and established occupancy.

Property Size2,047 SF
Days on Market68

Property Features for 932 E 5th St

General Information

Standard status Pending
Size 2,047 SF
Property subtype Residential Income
Occupancy 100%

Units

Unit Mix 1 x 2BR, 1 x 3BR
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,712

Building Details

Tenancy Multi
Listing Agency: Agresti Real Estate
Listed By: Nicholas Marinelli · License #AB062182L
Source: Exprealty
Added: Jul 16 Changed: Sep 17 Last Checked: Sep 20 at 3:08PM

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

Investment Insights

Based on property information with market context.

This duplex contains two separate apartments, including one 2-bedroom unit and one 3-bedroom unit. The property is currently occupied by long-term tenants, providing an existing rental setup for a purchaser seeking a multi-unit residential asset.

Located at 932 E 5th St in Erie, PA, the property offers a straightforward two-unit configuration with a combined property size of 2,047 square feet. The differing apartment layouts provide flexibility for renters with varying space requirements, while the current tenancy eliminates the need to begin with vacant units.

Key Highlights

  • Two‑unit duplex with one 2‑bedroom apartment and one 3‑bedroom apartment
  • Both apartments are occupied by long‑term tenants
  • 2,047‑square‑foot property

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Nail Salon Hair Salon Spa & Massage Center Electrical Service Garden Center (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

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

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
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two apartments offer distinct bedroom configurations and established occupancy.
Where is this duplex located?
The property is located at 932 E 5th St Erie, PA.
What is the asking price?
The asking price for this property is $98,500.
What are key features of this property?
This property features: Two‑unit duplex with one 2‑bedroom apartment and one 3‑bedroom apartment; Both apartments are occupied by long‑term tenants; 2,047‑square‑foot property
More about this property
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