# 3082 W 12TH Street, Erie, PA 16505 > **TL;DR:** 12bd/14ba residential multi family, $1,299,900 ($205/sqft), built 1960, 6,343 sqft. Est. $6,952/mo. Listed 99 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,299,900 | | Price/sqft | $205 | | Bedrooms | 12 | | Bathrooms | 14 full | | Square Feet | 6,343 | | Year Built | 1960 | | Lot Size | 49,658 sqft (1.14 acres) | | Stories | 2 | | Property Type | Residential Multi Family (Other) | | Status | Active | | Days on Market | 99 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $6,573 | | Estimated Insurance | $379 | | **Total** | **$6,952** | ## Property Highlights - Built in 1960 - 1.14 acre lot - 2 stories - 14 parking spaces ## Description ### Agent Description 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, shopping & 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. ## Location - **Address:** 3082 W 12TH Street, Erie, PA 16505 - **County:** Erie - **Coordinates:** 42.098013, -80.151785 - **Google Maps:** https://www.google.com/maps?q=42.098013,-80.151785 ## Listing Agent - **Name:** Jake Scheloske · **License:** RS318016 - **Brokerage:** Agresti Real Estate - **Broker Phone:** (814) 459-9400 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/3082-W-12th-St_Erie_PA_16505_M32048-60308?f=listhub&s=GEBRPA&m=192156&c=propsimple) ## Photos ![3082 W 12TH Street - Photo 1](http://lh.rdcpix.com/e705ca157ac9c7d742eb491c6f41f7c2l-f2926083710r.jpg) ![3082 W 12TH Street - Photo 2](http://lh.rdcpix.com/e705ca157ac9c7d742eb491c6f41f7c2l-f413444609r.jpg) ![3082 W 12TH Street - Photo 3](http://lh.rdcpix.com/e705ca157ac9c7d742eb491c6f41f7c2l-f2443455504r.jpg) ![3082 W 12TH Street - Photo 4](http://lh.rdcpix.com/e705ca157ac9c7d742eb491c6f41f7c2l-f512311010r.jpg) ![3082 W 12TH Street - Photo 5](http://lh.rdcpix.com/e705ca157ac9c7d742eb491c6f41f7c2l-f2039585280r.jpg) ![3082 W 12TH Street - Photo 6](http://lh.rdcpix.com/e705ca157ac9c7d742eb491c6f41f7c2l-f3136373079r.jpg) ![3082 W 12TH Street - Photo 7](http://lh.rdcpix.com/e705ca157ac9c7d742eb491c6f41f7c2l-f3053608293r.jpg) ![3082 W 12TH Street - Photo 8](http://lh.rdcpix.com/e705ca157ac9c7d742eb491c6f41f7c2l-f692814117r.jpg) ![3082 W 12TH Street - Photo 9](http://lh.rdcpix.com/e705ca157ac9c7d742eb491c6f41f7c2l-f686182092r.jpg) ![3082 W 12TH Street - Photo 10](http://lh.rdcpix.com/e705ca157ac9c7d742eb491c6f41f7c2l-f575791708r.jpg) ![3082 W 12TH Street - Photo 11](http://lh.rdcpix.com/e705ca157ac9c7d742eb491c6f41f7c2l-f2621215390r.jpg) --- **MLS#:** 192156 | **Updated:** 2026-10-31 **Source:** listhub *Copyright © 2026 Greater Erie Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/3082-w-12th-street-erie-pa-16505-b4067b1c4dbc42d4abf4e47a8847f9d1) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/3082-w-12th-street-erie-pa-16505-b4067b1c4dbc42d4abf4e47a8847f9d1#listing", "url": "https://staging.propertysimple.ai/listing/3082-w-12th-street-erie-pa-16505-b4067b1c4dbc42d4abf4e47a8847f9d1", "name": "3082 W 12TH Street, Erie, PA 16505", "description": "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. 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