Restored Multi-Unit
For Sale
$395,500
110-114 E MARKET Street, Marietta, PA 17547
MULTI_FAMILY - Other - MARIETTA, PA
Property Size3,180 SF
Lot Size0.10 Acres
Price / SF$124.37
Days on Market48
Property Features for 110-114 E MARKET Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
On Street
Elementary school district
DONEGAL
Middle school district
DONEGAL
High school district
DONEGAL
Standard status
Active
Size
3,180 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Annual Amount
5228
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1815
Number of units
2
Building materials
Frame, Stucco
Architectural style
Other
Listing Agency:
Donegal Real Estate
(717) 426-4350
Listed By:
Robert W. Heiserman Jr. · License #RB041683L
(717) 330-2966
Added: Jun 15
Changed: Jul 28
Last Checked: Aug 1 at 9:06AM
MLS# PALA2088356
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This restored two-unit residence reflects its historic character while providing functional separate living spaces. The main residence includes three bedrooms, 1.5 baths, and wood floors, along with a covered rear porch and a small rear and side yard. The attached apartment offers one bedroom, a bonus room, and 1.5 baths. The property was converted to two units around 1900 and is described as beautifully restored, with exterior details tied to its earlier construction history.
The property is located at 110-114 E Market Street in Marietta, Pennsylvania (Lancaster County). The configuration supports owner-occupant flexibility or income-oriented use, with both units currently rented and a tenant expressing a wish to stay.
For buyers seeking a residential income property, the layout offers a clear split between a larger home and a separate apartment, each with its own bedroom and bath count. The presence of a covered rear porch and outdoor yard space associated with the residence adds day-to-day livability. With current occupancy, the property may appeal to tenants or investors looking for a straightforward, maintained multi-unit setup.
The property is located at 110-114 E Market Street in Marietta, Pennsylvania (Lancaster County). The configuration supports owner-occupant flexibility or income-oriented use, with both units currently rented and a tenant expressing a wish to stay.
For buyers seeking a residential income property, the layout offers a clear split between a larger home and a separate apartment, each with its own bedroom and bath count. The presence of a covered rear porch and outdoor yard space associated with the residence adds day-to-day livability. With current occupancy, the property may appeal to tenants or investors looking for a straightforward, maintained multi-unit setup.
Key Highlights
- Historic Marietta home built in 1815, with frame and stucco construction materials
- Converted to 2 units around 1900, with a residence plus a separate apartment
- Residence features 3 bedrooms, 1.5 baths, wood floors, and a covered rear porch
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $51.5k | $16.20 |
| − Vacancy | −$773 | −$0.24 |
| EGI | $50.7k | $15.96 |
| − OpEx | −$15.2k | −$4.79 |
| NOI | $35.5k | $11.17 |
3,180 SF · lease $16.20/SF/yr · vacancy 1.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$507.4K
$444.0K – $592.0K
NOI $35,520 @ 7.0% cap · market cap 8.98%
Second Best
Apartment 5plus
$447.5K
$391.6K – $522.1K
NOI $31,325 @ 7.0% cap · market cap 7.92%
Theoretical Best
Office A
$1.07M
$932.4K – $1.24M
NOI $74,595 @ 7.0% cap · market cap 18.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
211
Businesses Nearby
Explore this area
Business Placement
Demographics for 17547, PA
8,166
Population
3,538
Households
2.3
Avg Household Size
39
Median Age
30%
College-Educated
94%
High-School Grad
12.0 sq mi
ZIP Area
681
Density / Sq Mi
$90,801
Median Household Income
$45,702
Median Earnings
$1,139
Median Rent
$243,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Historic two-unit property with a fully restored residence plus an attached apartment, both currently occupied.
Where is this duplex located?
The property is located at 110-114 E MARKET Street Marietta, PA.
What is the asking price?
The asking price for this property is $395,500.
What are key features of this property?
This property features: Historic Marietta home built in 1815, with frame and stucco construction materials; Converted to 2 units around 1900, with a residence plus a separate apartment; Residence features 3 bedrooms, 1.5 baths, wood floors, and a covered rear porch
