Two-Unit Residential Income
1942 NORTH Street Harrisburg, PA 17103
For Sale
$215,000
MULTI_FAMILY - Other - HARRISBURG, PA
Property Size1,968 SF
Lot Size0.05 Acres
Price / SF$109.25
Days on Market113
Property Features for 1942 NORTH Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
On Street
Standard status
Active
Size
1,968 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
1766
Utilities
Heating system
Heat Pump (Heating), Hot Water(Heating), Forced Air
Cooling system
Central Air
Building Details
Year built
1905
Number of units
2
Building materials
Frame
Architectural style
Other
Listing Agency:
Berkshire Hathaway HomeServices Homesale Realty
(717) 245-2100
Listed By:
HEATHER ANN NEIDLINGER · License #AB066821
(717) 226-2875
Added: Apr 6
Changed: Jul 13
Last Checked: Jul 27 at 12:06PM
MLS# PADA2058554
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 two-unit residential property offers flexible living and income structure with separate entrances for each unit. The first-floor unit is a 2-bedroom walkthrough layout. The second-floor unit features 4 bedrooms and 1 full bathroom, with its own entrance and functional multi-bedroom configuration.
The property is located at 1942 North Street in Harrisburg, Pennsylvania (Dauphin County). Tenancy is month-to-month, which can support a range of tenanting and occupancy scenarios. A garage is included on-site; the garage has been rented but is currently empty. Each tenant pays their own electric and gas.
For buyers or owner-occupants, the unit separation and individual entrances can support privacy and practical day-to-day living. The month-to-month arrangement and tenant-paid utilities may also appeal to operators seeking straightforward responsibility alignment between the units. The combination of a smaller first-floor plan and a larger second-floor plan provides different options for how space is used within the same property.
The property is located at 1942 North Street in Harrisburg, Pennsylvania (Dauphin County). Tenancy is month-to-month, which can support a range of tenanting and occupancy scenarios. A garage is included on-site; the garage has been rented but is currently empty. Each tenant pays their own electric and gas.
For buyers or owner-occupants, the unit separation and individual entrances can support privacy and practical day-to-day living. The month-to-month arrangement and tenant-paid utilities may also appeal to operators seeking straightforward responsibility alignment between the units. The combination of a smaller first-floor plan and a larger second-floor plan provides different options for how space is used within the same property.
Key Highlights
- Two‑unit property built in 1905 with frame construction
- First‑floor unit: 2 bedrooms (walkthrough layout) listed at $675/month
- Second‑floor unit: 4 bedrooms with 1 full bathroom listed at $1,100/month
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 | $27.2k | $13.80 |
| − Vacancy | −$2.1k | −$1.05 |
| EGI | $25.1k | $12.75 |
| − OpEx | −$7.5k | −$3.83 |
| NOI | $17.6k | $8.93 |
1,968 SF · lease $13.80/SF/yr · vacancy 7.60% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$250.9K
$219.6K – $292.8K
NOI $17,566 @ 7.0% cap · market cap 8.17%
Second Best
Apartment 5plus
$223.6K
$195.7K – $260.9K
NOI $15,654 @ 7.0% cap · market cap 7.28%
Theoretical Best
Specialty Retail
$3.62M
$3.17M – $4.23M
NOI $253,724 @ 7.0% cap · market cap 118.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two separate units with individual entrances and month-to-month tenants, plus a garage on the property.
Where is this duplex located?
The property is located at 1942 NORTH Street Harrisburg, PA.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Two‑unit property built in 1905 with frame construction; First‑floor unit: 2 bedrooms (walkthrough layout) listed at $675/month; Second‑floor unit: 4 bedrooms with 1 full bathroom listed at $1,100/month
