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406 Raspberry Street, 
Erie, PA 16502

$139,500


5

Beds


Bath


1,840

Sq Ft


Multi-Family

Active

Listed by

Jake Scheloske

Agresti Real Estate

814-459-9400

Last updated:

April 14, 2026, 01:55 PM

MLS#

189997

Source:

PA GEBR

About This Home

406 Raspberry Street

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.

Home Facts

Multi-Family

5 Bedrooms

Built in 1892

Price Summary

139,500

$75 per Sq. Ft.

MLS #:

189997

Last Updated:

April 14, 2026, 01:55 PM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Interior

Living Area:

1,840 Sq. Ft.


Structure

Structure

Architectural Style:

Two Story

Building Area:

1,840 Sq. Ft.

Year Built:

1892


Lot

Lot Size (Sq. Ft):

3,267


Finances & Disclosures

Finances

Price:

$139,500

Price per Sq. Ft:

$75 per Sq. Ft.

Source:PA GEBR
The information being provided by Greater Erie Board Of REALTORS® Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Greater Erie Board Of REALTORS® Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.