3082 W 12th Street
Erie, PA 16505
12
Bed
14
Bath
6,343Sqft
1.14Acres(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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 12Bathroom Information
Total Baths: 14 -
Roofing Information
Composition -
Interior Features
Roof: Composition -
Heating & Cooling
Has Heating: Yes Heating: Hot Water Cooling: None
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Building Information
Year Built: 1960 Building Area Total: 6343 Construction Materials: Aluminum Siding, Vinyl Siding Stories: 2 Private Pool: No
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Lot Information
Lot Dimensions: 0x0x0x0 Main Square Feet: 1.14 Acres Lot Size Acres: 1.14 Lot Description: Level
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Listing Price Information
Listing Price: $1299900
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Tax Information
Parcel Number: 33-034-059.0-045.01 Tax Year: 2026 Annual Tax: $8989
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Parking Information
Parking Total: 14
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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 |
|---|---|---|---|---|---|
| 3223 W 12th Street, Erie, PA, 16505 | $440,000 | 7 | 4 | 3,172 | 3,172 SqFt |
| 3302 Baer Beach Road #B.., Erie, PA, 16505 | $469,000 | 3 | -- | 2,300 | 2,300 SqFt |
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ByOwner last updated this listing 08/03/2026 @ 12:25
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