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For sale
    • Price cut: $4.6K (6/1)
    $134,900

    406 Raspberry St, Erie, PA 16507

    5beds
    2baths
    1,840sqft
    : 
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    Multi Family
    Built in 1892
    -- sqft lot
    $-- Zestimate®
    $73/sqft
    $-- HOA

    What's special

    Don’t miss this chance to own a turnkey, income-producing property with immediate returns and future upside with this fully-occupied duplex, ideal for both seasoned investors and those looking to grow their portfolio. The property features two well-maintained units, with the first floor offering 2 bedrooms and 1 bath, and the second floor providing a spacious 3-bedroom, 1-bath layout. Both units have been updated with luxury vinyl plank (LVP) flooring, adding durability and modern appeal, along with windows that improve energy efficiency and tenant comfort. The property includes separate utilities for each unit, as well as a separated basement, enhancing convenience and reducing owner expenses. Tenants are responsible for all utilities, plus landscaping and snow removal, making this a low-maintenance investment. With strong rental demand in the area, there is clear potential to increase rents and maximize cash flow.
    123 days
    |
    422
    |
    28
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jake Scheloske 814-449-7973,

    Agresti Real Estate 814-459-9400

    Source: GEMLS,MLS#: 189997Originating MLS: Greater Erie Board Of Realtors

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 2
      Heating
      • Forced Air, Gas
      Cooling
      • None
      Interior area
      • Total structure area: 1,840
      • Total interior livable area: 1,840 sqft

      Property

      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 3,267 Square Feet
      • Dimensions: 33 x 99 x 0 x 0
      • Features: Flat
      Details
      • Parcel number: 17040035.0207.00
      • Zoning description: R-2

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Two Story
      • Property subtype: Multi Family
      Materials
      • Vinyl Siding
      • Roof: Composition
      Condition
      • Good Condition
      • Year built: 1892

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Erie

      Financial & listing details

      • Price per square foot: $73/sqft
      • Tax assessed value: $52,000
      • Annual tax amount: $2,125
      • Date on market: 3/19/2026
      • Cumulative days on market: 124 days
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,102/mo

        Price history

        DateEventPrice
        6/1/2026Price change$134,900-3.3%$73/sqft
        Source: GEMLS #189997 Report a problem
        4/6/2026Price change$139,500-3.7%$76/sqft
        Source: GEMLS #189997 Report a problem
        3/19/2026Listed for sale$144,900+15.9%$79/sqft
        Source: GEMLS #189997 Report a problem
        12/30/2024Sold$125,000-10.7%$68/sqft
        Source: GEMLS #180802 Report a problem
        11/30/2024Pending sale$139,900$76/sqft
        Source: GEMLS #180802 Report a problem
        11/18/2024Listed for sale$139,900+459.6%$76/sqft
        Source: GEMLS #180802 Report a problem
        9/10/2023Listing removed--
        Source: Zillow Rentals Report a problem
        9/6/2023Listed for rent$775
        Source: Zillow Rentals Report a problem
        4/3/2023Listing removed--
        Source: Zillow Rentals Report a problem
        3/27/2023Listed for rent$775+24%
        Source: Zillow Rentals Report a problem
        1/28/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        1/21/2021Listed for rent$625+5%
        Source: Zillow Rental Manager Report a problem
        5/29/2018Listing removed$595
        Source: Owner Report a problem
        4/28/2018Listed for rent$595
        Source: Owner Report a problem
        4/19/2010Sold$25,000$14/sqft
        Source: GEMLS #13711 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,056 $52,000
        2024$2,056 +5.2%$52,000
        2023$1,955 +2.1%$52,000
        2022$1,914 $52,000
        2021$1,914 +95.4%$52,000
        2020$979 -44.9%$52,000
        2019$1,776 -12.8%$52,000
        2018$2,037 +3.6%$52,000
        2017$1,966 +0.7%$52,000
        2016$1,953 +15.9%$52,000
        2015$1,685 $52,000
        2014$1,685 +557.3%$52,000
        2013$256 -7.1%$52,000 +14%
        2012$276 $45,620
        2011$276 $45,620
        2010$276 +11%$45,620
        2009$249 $45,620
        2008-- $45,620
        2005$1,405 +246.6%$45,620
        2004$405 $45,620
        2003-- $45,620
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 16507

        Getting around

        59 / 100
        Somewhat Walkable
        29 / 100
        Some Transit
        70 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: City-Erie

        Source: GEMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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