Mixed-Use Duplex with Separate
For Sale
$325,000
6 S 15TH Street, Camp Hill, PA 17011
Multi-Family, CAMP HILL, PA
Property Size1,984 SF
Lot Size0.12 Acres
Price / SF$163.81
Days on Market95
Property Features for 6 S 15TH Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking
4
Parking features
On Street, Parking Lot
High school
CAMP HILL
Elementary school district
CAMP HILL
Middle school district
CAMP HILL
High school district
CAMP HILL
Standard status
Active
Size
1,984 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Annual Amount
4316
Utilities
Heating system
Electric (Heating), Baseboard, Forced Air
Cooling system
Ductless
Amenities
waiting/reception area
conference room
full kitchen
private storage basement
Building Details
Year built
1900
Number of units
2
Building materials
Stucco, Masonry
Listing Agency:
Berkshire Hathaway HomeServices Homesale Realty
(717) 657-8700
Listed By:
JENNIFER FEINBERG · License #RS316506
(717) 215-7112
Added: Jun 15
Changed: Sep 16
Last Checked: Sep 17 at 6:06AM
MLS# PACB2055306
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 1,984-square-foot duplex on a 0.12-acre lot combines commercial space on the first floor with a one-bedroom apartment above. The lower unit includes a reception and waiting area, conference room, administrative offices, full kitchen, bathroom, utility space, and direct access to a private storage basement. The upper residence offers a living room, kitchen, bathroom, storage area, and a separate entrance. The apartment is currently leased, while the first-floor tenant is scheduled to vacate by 9/1/2026.
Recent improvements include separate electrical services for the two units, first-floor ductless mini-split cooling, vinyl plank flooring through much of the building, exterior cleaning and recoating, and a new entrance door for the second unit. Two basements provide additional storage and house mechanical systems, electric panels, and a tenant laundry area. The property is located in Camp Hill, PA, and includes on-street parking and a parking lot.
Recent improvements include separate electrical services for the two units, first-floor ductless mini-split cooling, vinyl plank flooring through much of the building, exterior cleaning and recoating, and a new entrance door for the second unit. Two basements provide additional storage and house mechanical systems, electric panels, and a tenant laundry area. The property is located in Camp Hill, PA, and includes on-street parking and a parking lot.
Key Highlights
- 1,984‑square‑foot duplex on a 0.12‑acre lot
- First‑floor commercial or office unit with reception area, conference room, offices, kitchen, and bathroom
- One‑bedroom apartment above with a separate entrance; currently leased
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$25,204
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.76%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$504,080
$504.1K
Cap Rate 7%
$360,057
$360.1K
Cap Rate 9%
$280,044
$280.0K
Market Conditions
NOI Build-Up for 1,984 SF
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.
Gross rent
$35.7K $18.00/SF
− Vacancy
−$2.1K −$1.06/SF
EGI
$33.6K $16.94/SF
− OpEx
−$8.4K −$4.23/SF
NOI
$25.2K $12.70/SF
Area
Cumberland County, PA
Vacancy
5.90%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$504,080
Cap Rate 7%
$360,057
Cap Rate 9%
$280,044
Alternative Uses
Best Use
Office B
$360.1K
$315.1K – $420.1K
NOI $25,204 @ 7.0% cap · market cap 7.76%
Second Best
Multifamily LT 5
$269.7K
$236.0K – $314.6K
NOI $18,877 @ 7.0% cap · market cap 5.81%
Theoretical Best
Office A
$460.9K
$403.3K – $537.7K
NOI $32,261 @ 7.0% cap · market cap 9.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
1
Office units
1
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,026
Businesses Nearby
Explore this area
Business Placement
Demographics for 17011, PA
36,184
Population
14,999
Households
2.4
Avg Household Size
41
Median Age
44%
College-Educated
92%
High-School Grad
13.1 sq mi
ZIP Area
2,762
Density / Sq Mi
$88,889
Median Household Income
$52,518
Median Earnings
$1,270
Median Rent
$261,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Separate commercial and residential units support flexible occupancy and rental use.
Where is this duplex located?
The property is located at 6 S 15TH Street Camp Hill, PA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 1,984‑square‑foot duplex on a 0.12‑acre lot; First‑floor commercial or office unit with reception area, conference room, offices, kitchen, and bathroom; One‑bedroom apartment above with a separate entrance; currently leased
