4-Unit Mixed-Use
1015 N 2ND Street, Harrisburg, PA 17102
For Sale
$395,000
Multi-Family, HARRISBURG, PA
Property Size2,944 SF
Lot Size0.03 Acres
Price / SF$134.17
Days on Market9
Property Features for 1015 N 2ND Street
General Information
Property type
Property subtype
Rooms
Parking features
Interior features
Appliances
Subdivision
High school
Elementary school district
Middle school district
High school district
Standard status
Size
Lot size
Additional Details
Mixed-Use Components
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Cooling system
Building Details
Year built
Number of units
Building materials
Architectural style
Listing Agency:
RE/MAX 1st Advantage · RE/MAX International
(717) 591-5555
Listed By:
DAVID M WHITE · License PA AB0677200
(717) 343-3040
Added: Nov 2
Changed: Nov 10
Last Checked: Nov 10 at 9:06PM
MLS# PADA2065602
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.
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Investment Insights
Based on property information with market context.
This 2,944-square-foot brick property was built in 1900 on a 0.03-acre lot and contains four units, including three residential apartments. Apartment kitchens and bathrooms have been remodeled. The interior features laminate plank flooring and upgraded countertops; the building also has gas cooking appliances, a built-in microwave, steam heat, and window air-conditioning units. Two breaker boxes and the water heater have been replaced.
The property is served by a city bus route and is within a 10-mile radius of Harrisburg International Airport. Broad Street Market and Riverfront Park are among the nearby neighborhood destinations. Parking is available on the street.
The property is served by a city bus route and is within a 10-mile radius of Harrisburg International Airport. Broad Street Market and Riverfront Park are among the nearby neighborhood destinations. Parking is available on the street.
Key Highlights
- Four‑unit mixed‑use property with three residential apartments
- 2,944 square feet on a 0.03‑acre lot
- Brick construction; built in 1900
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,770
Cap Rate
9.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$715,400
$715.4K
Cap Rate 7%
$511,000
$511.0K
Cap Rate 9%
$397,444
$397.4K
Market Conditions
NOI Build-Up for 2,944 SF
Gross rent
$63.6K $21.60/SF
− Vacancy
−$6.4K −$2.16/SF
EGI
$57.2K $19.44/SF
− OpEx
−$21.5K −$7.29/SF
NOI
$35.8K $12.15/SF
Area
Dauphin County, PA
Vacancy
10.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$715,400
Cap Rate 7%
$511,000
Cap Rate 9%
$397,444
Alternative Uses
Best Use
Mixed Use
$511.0K
$447.1K – $596.2K
NOI $35,770 @ 7.0% cap · market cap 9.06%
Second Best
Apartment 5plus
$334.5K
$292.7K – $390.3K
NOI $23,418 @ 7.0% cap · market cap 5.93%
Theoretical Best
Office A
$646.5K
$565.7K – $754.3K
NOI $45,255 @ 7.0% cap · market cap 11.46%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,889
Businesses Nearby
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Business Placement
Demographics for 17102, PA
7,989
Population
5,105
Households
1.6
Avg Household Size
37
Median Age
50%
College-Educated
91%
High-School Grad
0.8 sq mi
ZIP Area
9,986
Density / Sq Mi
$55,369
Median Household Income
$47,544
Median Earnings
$1,062
Median Rent
$172,900
Median Home Value
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Market
Properties on Market for Mixed-use properties in Dauphin County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three residential apartments accompany commercial space in a brick building with updated kitchens and baths.
Where is this mixed-use property located?
The property is located at 1015 N 2ND Street Harrisburg, PA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Four‑unit mixed‑use property with three residential apartments; 2,944 square feet on a 0.03‑acre lot; Brick construction; built in 1900
