Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1938 North St Harrisburg, PA 17103

    Sponsored
    For Sale
    $230,000

    MULTI_FAMILY - Other - HARRISBURG, PA

    Property size:
    2,142 SF
    Lot size:
    0.05 Acres
    Days on Market:
    1
    Last Refresh:
    Mar 4 at 6:06 pm

    Property Features for 1938 North St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    Parking features
    On Street
    Size
    2,142 SF
    Lot size
    0.05 Acres

    Utilities

    Heating system
    Electric (Heating), Forced Air, Baseboard
    Cooling system
    Window Unit(s), Central Air

    Building Details

    Year built
    1900
    Number of units
    2
    Building materials
    Frame, Stick Built, Stone, Vinyl Siding
    Architectural style
    Other

    We can help!

    Listing Contact
    Colby James Hoover

    Century 21 Realty Services (717) 737-2121

    Listing agent Colby James Hoover (717) 916-3598

    Listing date Mar 4, 2026

    MLS# PADA2057160 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    Income-Producing Harrisburg Duplex Opportunity

    Located in Harrisburg, PA, this well-maintained duplex at 1938 North Street presents an income-producing opportunity. The property includes two units. The first-floor unit features 2 bedrooms and 1 full bath, recently updated with modern finishes. The second-floor unit offers a spacious layout with 3 bedrooms and 1 full bath and is currently occupied, providing instant cash flow. Recent updates throughout the home enhance both units. The property is situated near local amenities, major routes, shopping, and dining in Harrisburg. The lot size is 0.05 acres, and the property size is 2142 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Harrisburg
    County
    Dauphin
    State
    Pennsylvania
    Longitude
    -76.86226
    Latitude
    40.27425

    Nearby Similar for Sale

    • $275,000
      2,048 SF

      Renovated Multifamily Property on Market Street

      Turnkey 2-unit property with modern updates and flexible use.
      1226 Market Street Rd, Harrisburg, PA 17103
      View Details
    • $250,000
      1,400 SF

      Harrisburg Commercial End Cap Suite

      End cap office suite in Harrisburg suburban submarket.
      2151 Linglestown Rd, Harrisburg, PA 17110
      View Details
    • New
      $350,000
      3,120 SF

      Midtown Harrisburg Investment Opportunity

      Investment property in Harrisburg's Midtown Historic District with rental upside.
      206 Kelker St, Harrisburg, PA 17102
      View Details
    • New
      $435,000
      2,388 SF

      Traditional Brick Multifamily in Harrisburg

      Charming multifamily property near Midtown Harrisburg attractions.
      260 Verbeke St, Harrisburg, PA 17102
      View Details
    • New
      $435,000
      2,700 SF

      Midtown Harrisburg Investment Opportunity

      Prime investment in Harrisburg's Midtown Historic District with rental income potential.
      1622 N 3Rd St, Harrisburg, PA 17102
      View Details
    • $110,000
      0.13 Acres

      Affordable Office Space with Land

      Modest office space with land, suitable for various businesses.
      420 S 21St St, Harrisburg, PA 17104
      View Details
    • $1,200,000
      0.25 Acres

      Historic Harrisburg Building on Riverfront

      Three-story brick building with river views and redevelopment potential.
      213 N Front St, Harrisburg, PA 17101
      View Details
    • New
      $250,000
      1,205 SF

      Harrisburg Multifamily Property Near Waterfront

      Charming multifamily property near the waterfront with detached garage.
      1109 N Front St, Harrisburg, PA 17102
      View Details
    • $475,000
      0.04 Acres

      Versatile Midtown Harrisburg Commercial Property

      Flexible commercial property suitable for office, residential, or live-work use.
      933 Rose St, Harrisburg, PA 17102
      View Details
    • $995,000
      8,560 SF

      Harrisburg Apartment Building with River Views

      8-unit apartment building with river views and value-add potential.
      315 N Front St, Harrisburg, PA 17101
      View Details
    • New
      $255,000
      4,040 SF

      Harrisburg Multi-Unit Investment Opportunity

      Two-unit property with strong rental income in Harrisburg, Pennsylvania.
      1430 Swatara St, Harrisburg, PA 17104
      View Details
    • $305,900
      0.01 Acres

      Mixed-Use Property in Downtown Harrisburg

      Turn-key delicatessen with apartment in Harrisburg's vibrant downtown.
      512 North 3Rd St, Harrisburg, PA 17101
      View Details

    FAQs

    What type of property is this?
    Duplex - Updated duplex in Harrisburg, offering immediate income and long-term potential.
    Where is this duplex located?
    The property is located at 1938 North St Harrisburg, PA.
    What is the asking price?
    The asking price for this property is $230,000.
    What are key features of this property?
    This property features: - Income-producing duplex offering immediate rental income.; - Two units: updated 2-bedroom, 1-bath and occupied 3-bedroom, 1-bath.; - Recent updates throughout both units.
    (717) 916-3598
    Request Owner's contact information
    1938 North St Harrisburg, PA 17103
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1938 North St
    Harrisburg, PA 17103
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1938 North St Harrisburg, PA 17103
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Colby James Hoover
    (717) 916-3598
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!