1207-09 E Lake Rd

Erie, PA 16507

$64,900
Price
4
Beds
2
Baths
2,024 Sq. Ft.
$32 / Sq. Ft.
2,024
Sq. Ft.
$32
per Sq. Ft.
Get preapproved with Rocket Mortgage1

Description

Investment Opportunity with Great Potential! Bring your vision to this duplex featuring two separate units, each offering 2 bedrooms and 1 full bathroom. Whether you're looking to expand your investment portfolio, renovate for resale, or create a multi-generational living arrangement, this property offers outstanding potential. Both units feature functional layouts with spacious, bright living areas, beautiful original woodwork, and charming ornamental fireplaces that add warmth and character. Partial...Investment Opportunity with Great Potential! Bring your vision to this duplex featuring two separate units, each offering 2 bedrooms and 1 full bathroom. Whether you're looking to expand your investment portfolio, renovate for resale, or create a multi-generational living arrangement, this property offers outstanding potential. Both units feature functional layouts with spacious, bright living areas, beautiful original woodwork, and charming ornamental fireplaces that add warmth and character. Partial renovations have already begun in both the kitchens and bathrooms, providing a head start on the transformation while allowing the next owner to add their own finishing touches. Conveniently located on Erie's east side along the EMTA bus route, this property offers easy access to public transportation, shopping, and neighborhood amenities. With the right updates, this duplex has the potential to generate solid rental income or build long-term equity. Property is being sold as-is.
  1. Listed by Jake Scheloske • Agresti Real Estate
    P: (814)-449-7973 C: (814)-449-7973 jake@tryagresti.com
  2. Listed by Erin Fleming • Agresti Real Estate
    P: (814)-440-2246 erin@tryagresti.com

Property Details for 1207-09 East Lake Road

Architectural Style
Two Story
Zoning Description
R-2
LISTING UPDATED: 07/31/2026 11:51 AM

Property Details for 1207-09 East Lake Road

StatusActive
MLS #192246
Days on Market8
Taxes$1,544 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1917
Lot Size0.10 AC / 4,181 SF
CountyErie County
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Location

Listing Courtesy of Agresti Real Estate
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Building Information for 1207-09 East Lake Road

Stories2Residences2Year Built1917Building Size-Lot Size0.10 AC / 4,181 SF

Payment Calculator

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$459 per month

30 year fixed, 6.55% Interest

Principal and Interest

$330

Property Taxes

$129

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1207-09 East Lake Road

Summary
Location and General Information
  • Directions: Property located at East 6th & Brandes Streets at the Erie Land Lighthouse across from Speedway.
  • Latitude: 42.139548
  • Longitude: -80.058307
  • MLS Area Major: 1 - Erie Northeast
  • Township: Erie
Taxes and HOA
  • Parcel Number: 14-010-043.0-207.00
  • Tax Annual Amount: $1,544.00
  • Tax Assessed Value: $37,300
  • Tax Year: 2026
School Information
  • Elementary School District: City-Erie
  • High School District: City-Erie
  • Middle or Junior School District: City-Erie
Parking
  • Parking Total: 2.0
Property
Lot Information
  • Lot Features: Level
  • Lot Size Acres: 0.096
  • Lot Size Area: 0.096
  • Lot Size Dimensions: 22x53x0x0
  • Lot Size Units: Acres
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
Property and Assessments
  • Building Area Total: 2024.0
  • Living Area: 2024.0
  • Living Area Source: Plans
  • Property Condition: Fixer, Resale
  • Year Built: 1917
  • Year Built Details: Actual
Building Features
  • Construction Materials: Vinyl Siding
  • Levels: Two
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Cooling: None
  • Has Cooling: No
  • Heating: Forced Air, Gas
  • Has Heating: Yes
Exterior Features
  • Roof: Metal
  • Stories: 2
Multi Family
Multi Family Information
  • Number of Units In Community: 2
  • Total Number of Units: 2
Income & Expenses
  • Gross Income: $21,600.00
  • Insurance Expense: $800.00
  • Maintenance Expense: $1,500.00
  • Net Operating Income: $16,554.00
  • Water Sewer Expense: $1,200.00
Unit Information
Unit 1
  • Actual Rent: $900.00
  • Actual Rent Range: 900
  • Area: 1012.0
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Description: Fireplace
  • Occupant Type: Vacant
Unit 2
  • Actual Rent: $900.00
  • Actual Rent Range: 900
  • Area: 1012.0
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Description: Fireplace
  • Occupant Type: Vacant
Rental
Rent Information
  • Security Deposit: $1,500.00

Property History for 1207-09 East Lake Road

DateEvent & SourcePriceAppreciation
Jul 27, 2026

Listed (Active)

Greater Erie Board of REALTORS #192246

$64,900—
Jan 23, 2023

Expired

Greater Erie Board of REALTORS #164635

$40,000—
Jul 20, 2022

Listed (Active)

Greater Erie Board of REALTORS #164635

$70,000—
DateEvent & SourcePrice
07/27/2026

Listed (Active)

Greater Erie Board of REALTORS #192246

$64,900
01/23/2023

Expired

Greater Erie Board of REALTORS #164635

$40,000
07/20/2022

Listed (Active)

Greater Erie Board of REALTORS #164635

$70,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 1207-09 East Lake Road

This home is within Erie City School District.
Rating
School
Type
Grades
Distance
Edison Elementary School
Public - PK to 5
East Middle School
Public - 6 to 8
Erie High School
Public - 9 to 12
Northwest Pennsylvania Collegiate Academy
Public - 9 to 12
Rating
School
Distance
Edison Elementary School
PublicPK to 5

East Middle School
Public6 to 8

Erie High School
Public9 to 12

Northwest Pennsylvania Collegiate Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1207-09 East Lake Road, Erie, PA 16507

1207-09 East Lake Road is a multi-family home for sale in Erie, PA 16507. This property was listed for sale on July 27, 2026 by Agresti Real Estate, it's currently listed at $64,900. This listing's school district is Erie City School District. Nearby schools include Edison Elementary School, East Middle School and Erie High School. 1207-09 East Lake Road is a 4-bed, 2-bath, 2,024 sqft multi-family home built in 1917.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Agresti Real Estate

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.