For sale

$129,900

Est. $919/mo —

•

2 ba

•

1,840

sq ft

406 Raspberry St, Erie, PA 16502

About this home

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.

Multi-familyProperty Type

1892Year Built

3,267 sq ftLot Size

$71Price/Sq.Ft.

Listed by Jake Scheloske • Agresti Real Estate

Listing updated: Jul 30, 2026 at 08:51am

Redfin checked: 3 minutes ago

•Source:GEBOR #189997

Payment calculator

$919 per month

Principal and interest$700

Property taxes

$177

HOA dues

Home insurance

$42

Utilities

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Nearby open houses (4)

Around this home

Schools

K - 12
Preschool & daycare

Harding El School

Public PreK-5 • Assigned • 0.9mi

3/10

Strong Vincent Middle School

Public 6-8 • Assigned • 0.4mi

5/10

Erie High School

Public 9-12 • Assigned • 2.0mi

1/10

Provided by GreatSchools

About West

Bayfront

West Bayfront, located between Presque Isle Bay and Downtown Erie, is a waterfront and historic Erie neighborhood with lake breezes and a working-harbor edge. The neighborhood’s character concentrates along State Street near Perry Square, where cafes, galleries, and restored storefronts set a steady day-to-night rhythm. Architectural cues range from brick warehouses and port-era industrial buildings to older rowhomes on tree-lined blocks. Bayfront Parkway frames the shoreline, while the Bayfront Connector funnels traffic toward the docks and marinas. Community pillars include the Erie Maritime Museum, the U.S. Brig Niagara, and the Warner Theatre for live performances.

Provided by Walk Score and Local Logic

Offer insights

406 Raspberry St · $129,900

Strong offer

$130K and above

75% chance or better to win

Why $130K+ 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

Kitchen

Bathroom

Bedroom

Living

Interior features
Forced air heating
No central cooling

Bedrooms
One 2-bedroom unit
One 3-bedroom unit

Bathrooms
Each unit has 1 bathroom

Kitchen
(No appliance details provided)

Laundry & utility
(No laundry or utility appliance details provided)

Flooring
(No flooring details provided)

Heating & cooling
Forced air heating
No cooling

Sale and tax history for 406 Raspberry St

Sale History
Tax History

Date

Event

Price

GEBOR #189997

Jul 30, 2026

Price Changed

$129,900

$71/sq ft

Jun 1, 2026

Price Changed

$134,900

$73/sq ft

Apr 6, 2026

Price Changed

$139,500

$76/sq ft

Mar 19, 2026

Listed

$144,900

$79/sq ft

GEBOR #180802

Dec 30, 2024

Sold

$125,000

$68/sq ft

Nov 30, 2024

Pending

—

Nov 18, 2024

Listed

$139,900

$76/sq ft

+16

Public Records

Apr 19, 2010

Sold

$25,000

$14/sq ft

Public Records

Jan 25, 1996

Sold

$40,000

$22/sq ft

Public Records

Jul 14, 1992

Sold

$36,900

$20/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$2,125 (+3.4%)

$7,500 + $44,500

$52,000

2025

$2,056 (+2.2%)

$7,500 + $44,500

$52,000

2024

$2,012 (+2.9%)

$7,500 + $44,500

$52,000

2023

$1,955 (+2.1%)

$7,500 + $44,500

$52,000

2022

$1,914 (+1.4%)

$7,500 + $44,500

$52,000

2021

$1,887 (+0.7%)

$7,500 + $44,500

$52,000

2020

$1,874 (+5.5%)

$7,500 + $44,500

$52,000

2019

$1,776 (+1.2%)

$7,500 + $44,500

$52,000

2018

$1,755 (+0.2%)

$7,500 + $44,500

$52,000

2017

$1,751 (+1.4%)

$7,500 + $44,500

$52,000

2015

$1,726

$7,500 + $44,500

$52,000

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

3,267 Sq. Ft.

Year renovated

—

Finished Sq. Ft.

1,840

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,840

Year built

1892

Style

Multi-Family (2-4 Unit)

County

Erie County

APN

17040035020700

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 20, 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

2/10 Heat Factor

7 days above 90° expected this year, 17 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 • 16502

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

92/ 100

Exceptional sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

8.3 hrs

4.6 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 406 Raspberry St

$120,697

$9,203 under list price of $130K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $58K to $150K.

SOLD JUL 2, 2026
$130,000 Last sold price
3 beds1.5 baths2,008 sq ft
1044 W 8th St, Erie, PA 16502
$6/sq ft
larger lot
8 years newer
SOLD APR 30, 2026
$142,000 Last sold price
3 beds1.5 baths1,812 sq ft
1153 W 10th St, Erie, PA 16502
$7/sq ft
larger lot
40 years newer
SOLD JAN 5, 2026
$145,000 Last sold price
4 beds1 bath1,536 sq ft
963 W 7th St, Erie, PA 16502
$23/sq ft
smaller lot
20 years newer
SOLD AUG 27, 2026
$58,000 Last sold price
3 beds1.5 baths1,536 sq ft
939 1/2 W 3rd St, Erie, PA 16507
$33/sq ft
larger lot
20 years older
SOLD JUL 30, 2026
$150,000 Last sold price
4 beds1 bath1,232 sq ft
1126 W 5th St, Erie, PA 16507
$51/sq ft
larger lot
33 years newer
SOLD MAY 22, 2026
$135,000 Last sold price
3 beds2 baths1,729 sq ft
902 W 4th St, Erie, PA 16507
$7/sq ft
larger lot
10 years older

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