3082 W 12th Street, Erie, Pennsylvania image 1
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3082 W 12th Street

Erie, PA 16505
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$1,299,900 $5,480/Mo
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Bed 12

Bed

Bath 14

Bath

SqFt6,343

Sqft

Acres1.14

Acres(Lot)

Excellent 14-unit value-add opportunity in a prime Millcreek location near the Peninsula corridor! The property includes 2 buildings: a single-story 6-unit building & a two-story 8-unit building, with 12 one-bedroom apartments & 2 efficiencies. Current rents are well below market, creating substantial upside through strategic rent growth, improved management & potential coin-operated laundry income. Improvements include an approximately 12-year-old roof with 35+ year shingles, mostly newer windows & exterior doors, & two functional boilers operating together as one system. Additional land may offer future storage, parking, development or expansion potential, subject to approvals. Located minutes from Presque Isle State Park, Lake Erie beaches, Waldameer, Erie International Airport, shoppin g & dining. The highly desirable MU-2 Corridor Mixed Use zoning is a major advantage, offering broad flexibility and significant potential for future development, redevelopment or a change of use.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,299,900

AD Id : 88470438

MLS Id : 192156

Beds : 12

Lot Size : 1.14 Acres

Living Area Size : 6,343 Sq. Ft

Tax Amount : $8,989

Year Built : 1960

County : Erie

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Feature Features

  • Bedroom Information

    Total beds: 12

    Bathroom Information

    Total Baths: 14

  • Roofing Information

    Composition

  • Interior Features

    Roof: Composition

  • Heating & Cooling

    Has Heating: Yes Heating: Hot Water Cooling: None

  • Building Information

    Year Built: 1960 Building Area Total: 6343 Construction Materials: Aluminum Siding, Vinyl Siding Stories: 2 Private Pool: No

  • Lot Information

    Lot Dimensions: 0x0x0x0 Main Square Feet: 1.14 Acres Lot Size Acres: 1.14 Lot Description: Level

  • Listing Price Information

    Listing Price: $1299900

  • Tax Information

    Parcel Number: 33-034-059.0-045.01 Tax Year: 2026 Annual Tax: $8989

  • Parking Information

    Parking Total: 14

  • Location Information

    Direction: W. 12th St. on the North side, between Harper Dr. and Michigan Blvd. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1671 W 15th Street, Erie, PA, 16505 $49,900 2 -- 864 0.04 Acre
1680 W 14th Street, Erie, PA, 16505 $49,900 2 -- 864 0.04 Acre
1719 W 14th Street, Erie, PA, 16505 $49,900 2 -- 864 0.07 Acre
1739 W 14th Street, Erie, PA, 16505 $49,900 2 -- 1,080 0.07 Acre
1814-1/2 W 14th Street, Erie, PA, 16505 $49,900 2 -- 864 0.04 Acre
1925 W 8th Street, Erie, PA, 16505 $299,000 2 -- 1,552 0.15 Acre
3223 W 12th Street, Erie, PA, 16505 $419,900 7 4 3,172 0.65 Acre
3145 Lake Front Drive, Erie, PA, 16505 $695,000 8 2 2,049 0.10 Acre
3630 Sycamore Road, Erie, PA, 16505 $1,250,000 10 10 7,602 0.27 Acre

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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of Greater Erie Board of REALTORS®, Inc. Information deemed reliable but not guaranteed. Any use of search functions of data on the site, other than by a consumer looking to purchase real estate, is prohibited. Copyright © 2026 Greater Erie Board of REALTORS®, Inc. All rights reserved.

ByOwner last updated this listing 09/19/2026 @ 17:08

MLS: 192156 LISTED BY: Jake Scheloske, Agresti Real Estate 814-459-9400 SOURCE: Greater Erie Board of REALTORS

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