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Three-Unit Triplex with Off-Street Parking

109 PRINCE Street, Harrisburg, PA 17109

For Sale
New
$325,000

Multi-Family, HARRISBURG, PA

Property Size1,960 SF
Lot Size0.16 Acres
Price / SF$165.82
Days on Market1

Property Features for 109 PRINCE Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Rooms Basement
Parking 3
Parking features On Street, Off Street
High school CENTRAL DAUPHIN
Elementary school district CENTRAL DAUPHIN
Middle school district CENTRAL DAUPHIN
High school district CENTRAL DAUPHIN
Standard status Active
Size 1,960 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Annual Amount 3323

Utilities

Heating system Forced Air
Cooling system Window Unit(s)

Building Details

Year built 1955
Number of units 3
Building materials Brick
Architectural style Cape Cod
Buildings 1
Listing Agency: Joy Daniels Real Estate Group, Ltd
Listed By: JOY DANIELS · License PA RM421836
Added: Nov 13 Last Checked: Nov 13 at 11:06PM
MLS# PADA2066150

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.

Built in 1955, this brick triplex contains 1,960 square feet across three residences. The first unit has two bedrooms and 1.5 bathrooms; the other two each have one bedroom. A basement provides additional building space. Heating is forced air, and cooling is provided by window units.

The property sits on a 0.16-acre lot and includes three off-street parking spaces. On-street parking is also listed among the property features.

Key Highlights

  • Three residences: one 2‑bedroom, 1.5‑bath unit and two 1‑bedroom units
  • 1,960 square feet of building area on a 0.16‑acre lot
  • Three off‑street parking spaces; on‑street parking also available

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,495
Cap Rate
5.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$349,900 $349.9K
Cap Rate 7%
$249,929 $249.9K
Cap Rate 9%
$194,389 $194.4K
Market Conditions
NOI Build-Up for 1,960 SF
Gross rent
$27.0K $13.80/SF
− Vacancy
−$2.1K −$1.05/SF
EGI
$25.0K $12.75/SF
− OpEx
−$7.5K −$3.83/SF
NOI
$17.5K $8.93/SF
Area
Dauphin County, PA
Vacancy
7.60%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$349,900
Cap Rate 7%
$249,929
Cap Rate 9%
$194,389

Alternative Uses

Best Use
Multifamily LT 5
$249.9K
$218.7K – $291.6K (±1% cap)
NOI $17,495 @ 7.0% cap · market cap 5.38%
Second Best
Apartment 5plus
$222.7K
$194.9K – $259.8K (±1% cap)
NOI $15,590 @ 7.0% cap · market cap 4.80%
Theoretical Best
Office A
$430.4K
$376.6K – $502.2K (±1% cap)
NOI $30,129 @ 7.0% cap · market cap 9.27%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

828
Businesses Nearby

Demographics for 17109, PA

25,232
Population
11,808
Households
2.1
Avg Household Size
39
Median Age
29%
College-Educated
92%
High-School Grad
7.0 sq mi
ZIP Area
3,605
Density / Sq Mi
$70,618
Median Household Income
$42,908
Median Earnings
$1,234
Median Rent
$203,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - A brick residential property with separate living units and dedicated off-street parking.
Where is this triplex located?
The property is located at 109 PRINCE Street Harrisburg, 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: Three residences: one 2‑bedroom, 1.5‑bath unit and two 1‑bedroom units; 1,960 square feet of building area on a 0.16‑acre lot; Three off‑street parking spaces; on‑street parking also available
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