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    Lake City, PA Residential Income 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
    Triplex with Detached Garage
    Updated: Feb 12
    Triplex with Detached Garage

    10064 RAILROAD Street, Lake City, PA 16423

    $79,900
    1,530 sqft 0.25 AC lot
    3‑unit triplex with long‑term tenants already in place
    Detached garage can be used for storage or additional rental
    0.25‑acre lot
    1,530 SF building size
    Aluminum siding with an asphalt roof
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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.

    Apartment Building with Restaurant Space
    Apartment Building with Restaurant Space

    7860 W RIDGE Road, Fairview, PA 16415

    $549,900
    7,564 sqft 2.84 AC lot

    Brick apartment building with existing restaurant space and 15+ apartment units, plus extensive exterior and interior improvements.

    View details
    Apartment Building with Restaurant Space
    Apartment Building with Restaurant Space

    7860 W RIDGE Road, Fairview, PA 16415

    $549,900
    7,564 sqft 2.84 AC lot

    Apartment building on 2.84 acres with an existing restaurant space plus 15+ units, updated exterior systems, and an outbuilding.

    View details
    Two-Story Duplex with Enclosed Porch
    Two-Story Duplex with Enclosed Porch

    121 VINE Street, Girard, PA 16417

    $135,000
    1,448 sqft 0.17 AC lot

    Duplex-style home with enclosed front porch, aluminum siding, metal roof, and two forced-air gas furnaces.

    View details
    Elk Creek Historical Lodge
    Elk Creek Historical Lodge

    209 Main St E, Girard, PA 16417

    Contact for pricing
    12,408 sqft 1.00 AC lot

    16-unit boarding house with 13.5% cap rate.

    View details

    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.

    Cranesville Land Parcel For Sale
    Cranesville Land Parcel For Sale

    8574 KINSEY Road, Cranesville, PA 16410

    $169,000
    36.85 AC lot

    36-acre Cranesville, PA land parcel ideal for custom home.

    View details
    Edinboro Land Suitable for Development
    Edinboro Land Suitable for Development

    0 BANFF Road, Edinboro, PA 16412

    $474,500
    579,348 sqft 13.30 AC lot

    13.3 acres of land zoned R-4 in Edinboro, Pennsylvania.

    View details
    Bayfront Residential Development Opportunity
    Bayfront Residential Development Opportunity

    102 Sassafras St, Erie, PA 16507

    Contact for pricing
    0.28 AC lot

    Residential development parcels near Presque Isle Bay in Erie, PA.

    View details
    13.5 Acres Zoned R-4 Land
    13.5 Acres Zoned R-4 Land

    0 DARROW Road, Edinboro, PA 16412

    $514,500
    589,802 sqft 13.50 AC lot

    13.5 acres of land zoned R-4 in Edinboro, Pennsylvania.

    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

    $245,000
    Estimated value
    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

    $945,000
    Estimated value
    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

    $220,000
    Estimated value
    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

    $260,000
    Estimated value
    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

    $285,000
    Estimated value
    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

    $225,000
    Estimated value
    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

    $225,000
    Estimated value
    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

    $220,000
    Estimated value
    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

    $220,000
    Estimated value
    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

    $225,000
    Estimated value
    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

    $225,000
    Estimated value
    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

    $230,000
    Estimated value
    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

    $310,000
    Estimated value
    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
    $260,000
    Estimated value
    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

    $230,000
    Estimated value
    3.16 AC lot
    View details

    Lake City, PA Residential Income Properties Market Trends and Statistics

    Explore 16 residential income 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 residential income properties in Lake City, PA average $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

    Multifamily properties 1
    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

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