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    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 Cranesville, PA Erie, PA West Springfield, PA Albion, PA Mckean, PA
    3-Unit Triplex with Separate Entrances
    Updated: Oct 26
    3-Unit Triplex with Separate Entrances

    2136 LAKE Street, Lake City, PA 16423

    $324,900
    2,912 sqft 0.34 AC lot
    Three residential units totaling 2,912 square feet
    All units occupied, with new leases signed
    Separate entrance for each unit
    0.34‑acre parcel
    Built in 1900
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    Multifamily Property with In-Law Suite
    Updated: Oct 7
    Multifamily Property with In-Law Suite

    2958 MECHANIC Street, Lake City, PA 16423

    $499,900
    2,128 sqft 3.13 AC lot
    Three separately deeded properties offered together on 3.135 acres
    2,128‑square‑foot manufactured home with an attached two‑bedroom apartment
    Apartment has interior and exterior access, plus a carport
    Covered rear porch measures 22' x 38'
    24‑foot round above‑ground pool
    View details
    Triplex with Separate Entrances
    Triplex with Separate Entrances

    2136 Lake St, Lake City, PA 16423

    $324,900
    2,912 sqft

    All three residences are occupied under signed leases, and on-site parking serves the property.

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    See hot listings in Lake City

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    3 active listings match your search: Multifamily for sale in Lake City, PA. Based on your search, we've also compiled 19 Potential Opportunities for your consideration: 4 properties in nearby cities and 15 off-market properties to explore as potential leads.

    Opportunities in Nearby Cities

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

    Duplex with Remodeled Unit
    Duplex with Remodeled Unit

    4916 W RIDGE Road, Erie, PA 16506

    $375,000
    1,984 sqft 1.12 AC lot

    MU-2 zoning allows consideration of residential, retail, office, service, medical, commercial, and mixed-use development.

    View details
    Mixed-Use Property with Bar and Restaurant
    Mixed-Use Property with Bar and Restaurant

    228 MAIN Street W, Girard, PA 16417

    $399,900
    5,799 sqft 0.10 AC lot

    Hospitality operations, efficiency-unit housing, and two commercial spaces are combined in one property.

    View details
    Mixed-Use Property with Bar and Grille
    Mixed-Use Property with Bar and Grille

    228 Main St, Girard, PA 16417

    $399,900
    5,799 sqft

    Nine efficiency apartments accompany a bar and grille and two additional commercial spaces.

    View details
    Furnished Four-Unit Quadplex
    Furnished Four-Unit Quadplex

    1638 Brookside Dr, Erie, PA 16505

    $375,000
    1,778 sqft

    Fully furnished units include kitchenettes, central A/C, and forced-air heat.

    View details

    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)

    10118 Hall Ave, Lake City, PA 16423-1281

    Estimated value:
    $245,000
    5,928 sqft 0.18 AC lot
    View details
    9860 Lk Rd
    GARDEN APT, COURT APT (5+ UNITS)

    9860 Lk Rd, Lake City, PA 16423-1903

    Estimated value:
    $945,000
    13,008 sqft 3.57 AC lot
    View details
    10524 Rdg Rd
    GARDEN APT, COURT APT (5+ UNITS)

    10524 Rdg Rd, Lake City, PA 16423

    Estimated value:
    $220,000
    3,228 sqft 4.45 AC lot
    View details
    1901 Fall Dr
    GARDEN APT, COURT APT (5+ UNITS)

    1901 Fall Dr, Lake City, PA 16423-1400

    Estimated value:
    $260,000
    3,480 sqft 0.54 AC lot
    View details
    10112 Dillin Dr
    GARDEN APT, COURT APT (5+ UNITS)

    10112 Dillin Dr, Lake City, PA 16423-1877

    Estimated value:
    $285,000
    3,536 sqft 3.49 AC lot
    View details
    9941 Smith St
    GARDEN APT, COURT APT (5+ UNITS)

    9941 Smith St, Lake City, PA 16423-1431

    Estimated value:
    $225,000
    3,132 sqft 0.36 AC lot
    View details
    9945 Smith St
    GARDEN APT, COURT APT (5+ UNITS)

    9945 Smith St, Lake City, PA 16423-1430

    Estimated value:
    $225,000
    3,132 sqft 0.34 AC lot
    View details
    1870 Fall Dr
    GARDEN APT, COURT APT (5+ UNITS)

    1870 Fall Dr, Lake City, PA 16423-1428

    Estimated value:
    $220,000
    3,364 sqft 0.38 AC lot
    View details
    1840 Fall Dr
    GARDEN APT, COURT APT (5+ UNITS)

    1840 Fall Dr, Lake City, PA 16423-1426

    Estimated value:
    $220,000
    3,132 sqft 0.38 AC lot
    View details
    1847 Fall Dr
    GARDEN APT, COURT APT (5+ UNITS)

    1847 Fall Dr, Lake City, PA 16423-1427

    Estimated value:
    $225,000
    4,640 sqft 0.38 AC lot
    View details
    1871 Fall Dr
    GARDEN APT, COURT APT (5+ UNITS)

    1871 Fall Dr, Lake City, PA 16423-1429

    Estimated value:
    $225,000
    3,132 sqft 0.26 AC lot
    View details
    1515 Billings Dr
    GARDEN APT, COURT APT (5+ UNITS)

    1515 Billings Dr, Lake City, PA 16423

    Estimated value:
    $230,000
    4,209 sqft 1.60 AC lot
    View details
    291 Elk Crk Rd
    MOBILE HOME PARK, TRAILER PARK

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

    Estimated value:
    $310,000
    240 sqft 39.38 AC lot
    View details
    1015 Cherry St, Unit 1135
    GARDEN APT, COURT APT (5+ UNITS)

    1015 Cherry St, Lake City, PA 16423-1265

    Unit 1135
    Estimated value:
    $260,000
    15,585 sqft 2.40 AC lot
    View details
    10067 Rte 5th 5
    MOBILE HOME PARK, TRAILER PARK

    10067 Rte 5th 5, Lake City, PA 16423

    Estimated value:
    $230,000
    3.16 AC lot
    View details

    Lake City, PA Multifamily Properties Market Trends and Statistics

    Explore 18 multifamily properties for sale in Lake City, PA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,952 square feet of properties for sale, with an estimated market value of $1,149,700.

    Sale prices for multifamily properties in Lake City, PA start at $324,900, averaging $383,233, and reaching up to $499,900 — 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 2

    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 $412.4K

    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 Residential Income pricing trends in Erie County

    Residential Income

    How Realmo verifies these figures

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