We propose and demonstrate a novel, to the best of our knowledge, fiber-optic multipoint acoustic detection system based on a multiwavelength erbium-doped fiber (EDF) laser (MWEDFL) using the polarization-hole-burning effect with Fabry-Perot interferometers as the acoustic cavity-loss modulator. A polarization-wavelength-related filter is designed to assign a distinct polarization state to each laser wavelength. By adjusting the polarization state, the polarization-dependent loss and gain of each laser line are tuned to be equal, effectively suppressing the mode competition of EDF and enabling a stable MWEDFL. Each laser line serves as a separate channel for acoustic detection. Theoretical and experimental analyses are conducted to study the transient-response-amplification effect on the acoustic perturbation of the MWEDFL. The results show that the proposed MWEDFL exhibits an amplification effect on the sound-induced cavity-loss modulation, effectively enhancing the sensitivity by 13 dB compared to that obtained using an external-light-source demodulation method. In addition, the MWEDFL based on the PHB effect avoids cross talk between laser channels and can achieve high sensitivity and simultaneous multichannel acoustic detection.