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2-Unit Duplex with Updated Systems
For Sale
$69,900

937 W 3rd St, Erie, PA 16507

Partially renovated income property requiring interior completion, with key building systems already updated.

Property Size1,752 SF
Price / SF$39.90
Days on Market14

Property Features for 937 W 3rd St

General Information

Standard status Active
Size 1,752 SF
Property subtype Residential Income

Property Condition

Severity Major Repairs Needed
Evidence requires an interior

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,778
Listing Agency: Howard Hanna Erie Southwest
Listed By: Lynne McCullough
Source: Exprealty
Added: Sep 9 Changed: Sep 21 Last Checked: Sep 21 at 2:53PM

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 Southwest

Investment Insights

Based on property information with market context.

This 1,752-square-foot duplex in Erie, Pennsylvania, is an unfinished residential income property with two units. Interior work remains, while several major components have already been addressed, including the windows, roof, plumbing, electrical service, and most of the siding.

The property is positioned for continued renovation as a duplex rather than a completed turn-key asset. Its configuration may support an owner-occupant arrangement or continued rental use, subject to the buyer’s plans and applicable requirements. The property is available only for cash purchases or renovation financing and will not qualify for FHA, VA, or conventional loans.

Key Highlights

  • Two‑unit duplex with 1,752 SF of building area
  • Interior renovation remains to be completed
  • Updated windows, roof, plumbing, and electric

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Nail Salon Hair Salon Real Estate Agency Spa & Massage Center 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Partially renovated income property requiring interior completion, with key building systems already updated.
Where is this duplex located?
The property is located at 937 W 3rd St Erie, PA.
What is the asking price?
The asking price for this property is $69,900.
What are key features of this property?
This property features: Two‑unit duplex with 1,752 SF of building area; Interior renovation remains to be completed; Updated windows, roof, plumbing, and electric
More about this property
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