This home's estimate is 41.3% lower than the average sale price ($89K) of 6 comparable homes.
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1207-09 E Lake Rd, Erie, PA 16507
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About this home
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.
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Last updated September 2026
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Sale and tax history for 1207-09 E Lake Rd
- Sale History
- Tax History
$26/sq ft
$32/sq ft
$20/sq ft
$22/sq ft
$25/sq ft
$27/sq ft
$30/sq ft
$9/sq ft
$11/sq ft
$11/sq ft
Public record
- Public record
- Zoning
R-2
Medium Density Residential Districts
Medium Density Residential Districts are for one to four-family residential developments of low to moderate density.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
Property details
Parking
- Parking/Garage Information
- # of Parking Spaces Total: 2
Interior
- Heating & Cooling
- Cooling: None
- Has Heating
- Heating: Forced Air
- Unit Type 1 Information
- Description: Fireplace
- # of Bedrooms: 2
- # of Bathrooms: 1
- Actual Rent: $900
- Unit Type 2 Information
- Description: Fireplace
- # of Bedrooms: 2
- # of Bathrooms: 2
- Actual Rent: $900
Exterior
- Exterior Features
- Roof: Metal
- Building Information
- Sq. Ft.: 2024
- Levels: Two
- Construction Materials: Vinyl Siding
- Property Information
- Property Type: Residential Income
- Property Sub Type: Multi Family
- Raw Mls Property Sub Type: MultiFamily
- Property Condition: Fixer
- Lot Information
- Lot Features: Level
- Road Surface Type: Paved
- Road Responsibility: Private Maintained Road
- Road Frontage Type: Private Road
- Lot Size : 0.096
- Lot Size Dimensions: 22 x 53
- Lot Size Area: 0.096
- Lot Size Units: Acres
- Lot Size Acres: 0.096
- Zoning Description: R-2
Financial
- Tax Information
- Tax Annual Amount: $1,544
Utilities
- Utility Information
- Water Source: Public
- Sewer: Public Sewer
Location
- Schools Information
- Elementary School District: City-Erie
- Middle Or Junior School District: City-Erie
- High School District: City-Erie
- Location Information
- Directions: Property located at East 6th & Brandes Streets at the Erie Land Lighthouse across from Speedway.
Public facts
- Beds: 4
- Baths: 2.0
- Sq. Ft.: 2,024
- Stories: 2.0
- Lot Size: 4,182 square feet
- Style: Multi-Family (2-4 Unit)
- Year Built: 1917
- Year Renovated: —
- County: Erie County
- APN: 14010043020700
Other
- Listing Information
- List AOR: GreaterErieBoardOfRealtors
- AttributionContact: (814) 449-7973
Around this home
Schools
Public PreK-5 • Assigned • 0.9mi
Public 6-8 • Assigned • 0.2mi
Public 9-12 • Assigned • 2.8mi
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 90° expected this year, 18 days in 30 years
Minimal risk of severe winds over next 30 years
1 unhealthy days expected this year, 3 days in 30 years
Sun exposure
Moderate sunlight
SunscoreThere appears to be some shading by surrounding buildings, terrain, and vegetation.
Sell confidently with a local market expert in Erie.
Nearby similar homes
New listings for sale in 16507
Home values near 1207-09 E Lake Rd
| Address | Redfin Estimate |
|---|---|
4 Beds | 2 Baths | 2024 Sq. Ft. | $87,542 |
4 Beds | 1 Baths | 1455 Sq. Ft. | $88,103 |
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | - Sq. Ft. | $82,575 |
3 Beds | 1.5 Baths | 1320 Sq. Ft. | $37,138 |
| Address | Redfin Estimate |
|---|---|
4 Beds | - Baths | 1760 Sq. Ft. | $82,827 |
3 Beds | 1 Baths | 1260 Sq. Ft. | $76,626 |
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