For sale

$99,900

Est. $804/mo —

•

2 ba

•

2,256

sq ft

1201 E Lake Rd, Erie, PA 16507

About this home

Solid brick 2-story property situated on a corner lot with rear concrete driveway parking. Currently used as a single-family home, this property offers flexibility and the potential to be converted back to a 2-unit multi-family property. Features include covered front porches on both the first and second floors, front and side entries, and a layout that may work well for an owner-occupant, investor, or buyer looking for additional future possibilities. Conveniently located across from a couple convenience stores and gas stations, with nearby schools and easy highway access and has a solid structure, character, and investment potential for the right buyer.

Multi-familyProperty Type

1914Year Built

4,792 sq ftLot Size

$44Price/Sq.Ft.

2 spacesParking

Listed by Nicholas Marinelli • Agresti Real Estate

Listed by Yana Snitko • Agresti Real Estate

Contact: (814) 806-6300

Listing updated: Aug 25, 2026 at 03:26pm

Redfin checked: a minute ago

•Source:GEBOR #191864

Payment calculator

$804 per month

Principal and interest$538

Property taxes

$234

HOA dues

Home insurance

$32

Utilities

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Open houses

No upcoming open houses.

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Around this home

Schools

K - 12
Preschool & daycare

Edison Elementary School

Public PreK-5 • Assigned • 0.9mi

3/10

East Middle School

Public 6-8 • Assigned • 0.1mi

3/10

Erie High School

Public 9-12 • Assigned • 2.8mi

1/10

Provided by GreatSchools

About

Hammermill

Hammermill, located between East 38th Street and East 26th Street, is a residential and industrial Erie neighborhood with a working-waterfront edge and a grid of mid-century streets. The neighborhood’s character concentrates around East 26th Street near the Bayfront Connector, where truck traffic, corner takeout spots, and small service storefronts set a practical, on-the-move tone. The Hammermill Paper complex remains a defining landmark, with long industrial facades shaping sightlines and sound. Nearby Bayfront Parkway corridors frame daily routines with views that shift from warehouses to open water. Housing reads as modest, with compact lots and straightforward porches. Parks and shoreline paths nearby add breathing room between shifts and errands.

Provided by Walk Score and Local Logic

Offer insights

1201 E Lake Rd · $99,900

Strong offer

$100K and above

75% chance or better to win

Why $100K+ is a strong offer

DAYS ON MARKET

The average home goes pending in 24 days.

SALE-TO-LIST

Most homes are selling 6% below list price.

About offer insights

Property details

Interior
Exterior
Finance

Interior features
Balconies/porches on individual units

Bedrooms
Two 2-bedroom units

Bathrooms
Two 1-bath units

Heating & cooling
Steam heating
No central cooling

Sale and tax history for 1201 E Lake Rd

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2026

$2,765 (+3.4%)

$8,900 + $58,750

$67,650

2025

$2,675 (+2.2%)

$8,900 + $58,750

$67,650

2024

$2,618 (+2.9%)

$8,900 + $58,750

$67,650

2023

$2,543 (+2.1%)

$8,900 + $58,750

$67,650

2022

$2,489 (+1.4%)

$8,900 + $58,750

$67,650

2021

$2,455 (+0.7%)

$8,900 + $58,750

$67,650

2020

$2,438 (+5.5%)

$8,900 + $58,750

$67,650

2019

$2,310 (+1.2%)

$8,900 + $58,750

$67,650

2018

$2,284 (+0.2%)

$8,900 + $58,750

$67,650

2017

$2,278 (+1.4%)

$8,900 + $58,750

$67,650

2015

$2,246

$8,900 + $58,750

$67,650

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

4,887 Sq. Ft.

Year renovated

—

Finished Sq. Ft.

2,256

Unfinished Sq. Ft.

—

Total Sq. Ft.

2,256

Year built

1914

Style

Multi-Family (2-4 Unit)

County

Erie County

APN

14010043020900

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 11, 2026.

R-2

Medium Density Residential Districts

Medium Density Residential Districts are for one to four-family residential developments of low to moderate density.

Permitted uses

Include but are not limited to:

Religious facility
Day care facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Bed & breakfast
Fire house
Police station
Neighborhood center
Death related/funeral home

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 90° expected this year, 18 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Erie, PA • 16507

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

87/ 100

Very good sunlight

Sunscore

This home receives average direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.1 hrs

5.5 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 1201 E Lake Rd

$98,637

$1,263 under list price of $100K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $58K to $115K.

SOLD MAY 19, 2026
$110,000 Last sold price
5 beds2 baths2,016 sq ft
1423-25 Atkins St, Erie, PA 16503
$11/sq ft
1 year older
SOLD APR 30, 2026
$105,000 Last sold price
3 beds1.5 baths1,385 sq ft
424 Lighthouse St, Erie, PA 16507
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smaller lot
8 years newer
SOLD MAR 27, 2026
$105,000 Last sold price
6 beds3 baths2,522 sq ft
452-454 E 9th St, Erie, PA 16503
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smaller lot
7 years older
SOLD MAY 26, 2026
$115,000 Last sold price
3 beds1.5 baths1,478 sq ft
323 Lighthouse St, Erie, PA 16507
$34/sq ft
smaller lot
3 years newer
SOLD JUN 4, 2026
$58,000 Last sold price
5 beds3 baths2,842 sq ft
737 E 12th St, Erie, PA 16503
$24/sq ft
larger lot
20 years older
SOLD JAN 22, 2026
$68,000 Last sold price
5 beds2 baths1,912 sq ft
1117 E 9th St, Erie, PA 16503
$8/sq ft
smaller lot
2 years older

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