Lake City, PA
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    Lake City, PA Multifamily Properties for Sale

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    Girard, PA East Springfield, PA Fairview, PA
    Lake City Income Property
    $79,900
    1,530 SF
    Lake City Income Property

    10064 RAILROAD Street, Lake City, PA 16423

    Three-unit property with long-term tenants in Lake City, PA.
    • Money‑making 3‑unit property with long‑term tenants.
    • Immediate income potential with stable occupancy.
    • Detached garage offers potential for additional rental income.
    • Solid investment opportunity.
    • Owner currently pays utilities.
    Updated: Feb 12
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    Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 1 Active listings in Lake City, PA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 15 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Two-Unit Residential Income Property
    $110,000
    1,454 SF
    Two-Unit Residential Income Property

    Second-floor unit is move-in ready with in-unit laundry, complemented by off-street parking and a large fenced backyard.

    6 VINE Street, Girard, PA 16417

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    Albion Multifamily Property with Updates
    $179,900
    2,058 SF
    Albion Multifamily Property with Updates

    Updated duplex with long-term tenants and off-street parking.

    5 W PEARL Street, Albion, PA 16401

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    Albion Triplex Investment Opportunity
    $299,900
    2,908 SF
    Albion Triplex Investment Opportunity

    Immaculate three-unit property with strong rental history on large lot.

    10576 & 10578 E WASHINGTON Street, Albion, PA 16401

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    Elk Creek Historical Lodge
    $449,900
    12,408 SF
    Elk Creek Historical Lodge

    16-unit boarding house with 13.5% cap rate.

    209 Main St E, Girard, PA 16417

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Residential Lot in Vernon Township
    $37,500
    0.63 Acres
    Residential Lot in Vernon Township

    0.63 acre residential lot with utilities in Vernon Township, PA.

    10312 PERRY Highway, Meadville, PA 16335

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    Cleared Land with Development Potential
    $125,900
    22.00 Acres
    Cleared Land with Development Potential

    22-acre cleared land near Lake Erie with utilities.

    Fredonia, NY 14063

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    Eastlake Marina District Land
    $765,000
    5.66 Acres
    Eastlake Marina District Land

    5.66 acres in Eastlake's Marina District, primed for development.

    35783 Lake Shore Boulevard, Eastlake, OH 44095

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    Buildable Lot Near Niagara Falls
    Contact for pricing
    Buildable Lot Near Niagara Falls

    Vacant land suitable for development near attractions.

    1931 Falls Street, Niagara Falls, NY 14303

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    Off-Market Properties in Lake City, PA

    Consider similar Off-Market properties in Lake City, PA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    10118 Hall Ave
    GARDEN APT, COURT APT (5+ UNITS)
    5,928 SF Lot: 0.18 Acres
    Value Estimation by Request

    10118 Hall Ave, Lake City, PA 16423-1281

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    9860 Lk Rd
    GARDEN APT, COURT APT (5+ UNITS)
    13,008 SF Lot: 3.57 Acres
    Estimated value
    $945,000

    9860 Lk Rd, Lake City, PA 16423-1903

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    10524 Rdg Rd
    GARDEN APT, COURT APT (5+ UNITS)
    3,228 SF Lot: 4.45 Acres
    Value Estimation by Request

    10524 Rdg Rd, Lake City, PA 16423

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    1901 Fall Dr
    GARDEN APT, COURT APT (5+ UNITS)
    3,480 SF Lot: 0.54 Acres
    Value Estimation by Request

    1901 Fall Dr, Lake City, PA 16423-1400

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    10112 Dillin Dr
    GARDEN APT, COURT APT (5+ UNITS)
    3,536 SF Lot: 3.49 Acres
    Value Estimation by Request

    10112 Dillin Dr, Lake City, PA 16423-1877

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    9941 Smith St
    GARDEN APT, COURT APT (5+ UNITS)
    3,132 SF Lot: 0.36 Acres
    Value Estimation by Request

    9941 Smith St, Lake City, PA 16423-1431

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    9945 Smith St
    GARDEN APT, COURT APT (5+ UNITS)
    3,132 SF Lot: 0.34 Acres
    Value Estimation by Request

    9945 Smith St, Lake City, PA 16423-1430

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    1870 Fall Dr
    GARDEN APT, COURT APT (5+ UNITS)
    3,364 SF Lot: 0.38 Acres
    Value Estimation by Request

    1870 Fall Dr, Lake City, PA 16423-1428

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    1840 Fall Dr
    GARDEN APT, COURT APT (5+ UNITS)
    3,132 SF Lot: 0.38 Acres
    Value Estimation by Request

    1840 Fall Dr, Lake City, PA 16423-1426

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    1847 Fall Dr
    GARDEN APT, COURT APT (5+ UNITS)
    4,640 SF Lot: 0.38 Acres
    Value Estimation by Request

    1847 Fall Dr, Lake City, PA 16423-1427

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    1871 Fall Dr
    GARDEN APT, COURT APT (5+ UNITS)
    3,132 SF Lot: 0.26 Acres
    Value Estimation by Request

    1871 Fall Dr, Lake City, PA 16423-1429

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    1515 Billings Dr
    GARDEN APT, COURT APT (5+ UNITS)
    4,209 SF Lot: 1.60 Acres
    Value Estimation by Request

    1515 Billings Dr, Lake City, PA 16423

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    291 Elk Crk Rd
    MOBILE HOME PARK, TRAILER PARK
    240 SF Lot: 39.38 Acres
    Value Estimation by Request

    291 Elk Crk Rd, Lake City, PA 16423-1712

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    1015 Cherry St, Unit 1135
    GARDEN APT, COURT APT (5+ UNITS)
    15,585 SF Lot: 2.40 Acres
    Estimated value
    $780,000
    Unit 1135

    1015 Cherry St, Lake City, PA 16423-1265

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    10067 Rte 5th 5
    MOBILE HOME PARK, TRAILER PARK
    Lot: 3.16 Acres
    Value Estimation by Request

    10067 Rte 5th 5, Lake City, PA 16423

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    Lake City, PA Multifamily Properties Investment Opportunities Market Analysis

    Explore 16 multifamily properties for sale in Lake City, PA on our real estate platform. These investment opportunities span a total of 1,530 square feet of properties for sale, with an estimated market value of $79,900.

    Sale prices for multifamily properties in Lake City, PA start at $79,900, averaging $79,900, and reaching up to $79,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Triplexes 1

    Demographics Overview

    Population 3,880
    Population Growth (5Y) -9.3%
    Median Household Income $73,523
    College Educated 42.7%

    High-Yield Neighborhoods for Investment

    Identify Lake City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    16423 $79.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.85%
    Property Tax per SF $64.90 per SF
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Erie County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Erie County

    Residential Income

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