Restored Multi-Unit
110-114 E MARKET Street Marietta, PA 17547
110-114 E MARKET Street, Marietta, PA, 17547
$395,500
For Sale
$395,500
MULTI_FAMILY - Other - MARIETTA, PA
Property Size3,180 SF
Lot Size0.10 Acres
Price / SF$124.37
Days on Market38
Property Features for 110-114 E MARKET Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- Size
- 3,180 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5228
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1815
- Number of units
- 2
- Building materials
- Frame, Stucco
- Architectural style
- Other
Listing agency
Donegal Real Estate
(717) 426-4350
Listed by
Robert W. Heiserman Jr. · License #RB041683L
(717) 330-2966
Added: Jun 15 Checked: Jul 22 at 12:06PM
MLS# PALA2088356
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 restored two-unit residence reflects its historic character while providing functional separate living spaces. The main residence includes three bedrooms, 1.5 baths, and wood floors, along with a covered rear porch and a small rear and side yard. The attached apartment offers one bedroom, a bonus room, and 1.5 baths. The property was converted to two units around 1900 and is described as beautifully restored, with exterior details tied to its earlier construction history.
The property is located at 110-114 E Market Street in Marietta, Pennsylvania (Lancaster County). The configuration supports owner-occupant flexibility or income-oriented use, with both units currently rented and a tenant expressing a wish to stay.
For buyers seeking a residential income property, the layout offers a clear split between a larger home and a separate apartment, each with its own bedroom and bath count. The presence of a covered rear porch and outdoor yard space associated with the residence adds day-to-day livability. With current occupancy, the property may appeal to tenants or investors looking for a straightforward, maintained multi-unit setup.
The property is located at 110-114 E Market Street in Marietta, Pennsylvania (Lancaster County). The configuration supports owner-occupant flexibility or income-oriented use, with both units currently rented and a tenant expressing a wish to stay.
For buyers seeking a residential income property, the layout offers a clear split between a larger home and a separate apartment, each with its own bedroom and bath count. The presence of a covered rear porch and outdoor yard space associated with the residence adds day-to-day livability. With current occupancy, the property may appeal to tenants or investors looking for a straightforward, maintained multi-unit setup.
Key Highlights
- Historic Marietta home built in 1815, with frame and stucco construction materials
- Converted to 2 units around 1900, with a residence plus a separate apartment
- Residence features 3 bedrooms, 1.5 baths, wood floors, and a covered rear porch
Local 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 | $51.5k | $16.20 |
| − Vacancy | −$773 | −$0.24 |
| EGI | $50.7k | $15.96 |
| − OpEx | −$15.2k | −$4.79 |
| NOI | $35.5k | $11.17 |
3,180 SF · lease $16.20/SF/yr · vacancy 1.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$507.4K
$444.0K – $592.0K
NOI $35,520 @ 7.0% cap · market cap 8.98%
Second Best
Apartment 5plus
$447.5K
$391.6K – $522.1K
NOI $31,325 @ 7.0% cap · market cap 7.92%
Theoretical Best
Office A
$1.07M
$932.4K – $1.24M
NOI $74,595 @ 7.0% cap · market cap 18.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Historic two-unit property with a fully restored residence plus an attached apartment, both currently occupied.
Where is this duplex located?
The property is located at 110-114 E MARKET Street Marietta, PA.
What is the asking price?
The asking price for this property is $395,500.
What are key features of this property?
This property features: Historic Marietta home built in 1815, with frame and stucco construction materials; Converted to 2 units around 1900, with a residence plus a separate apartment; Residence features 3 bedrooms, 1.5 baths, wood floors, and a covered rear porch
