Four-Unit Brick Apartment
New
For Sale
$399,900
1110 N 2ND STREET, Harrisburg, PA 17102
The property pairs a mixed studio and one-bedroom layout with shared laundry and a rear courtyard.
Property Size2,142 SF
Price / SF$186.69
Days on Market5
Property Features for 1110 N 2ND STREET
General Information
Standard status
Active
Size
2,142 SF
Property subtype
Quadruplex
Units
Unit Mix
2 x 1BR, 2 x studio
Multifamily Units
4
Amenities
laundry room
courtyard
Building Details
Year Built
1891
Construction
brick
Listing Agency:
Fathom Realty
(888) 455-6040
Listed By:
Cassidy Hershey · License #RS354831
(717) 479-0287
Source:
Cummingsrealtors
Added: Oct 12
Changed: Oct 15
Last Checked: Oct 15 at 2:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fathom Realty
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Investment Insights
Based on property information with market context.
This 2,142-square-foot apartment building contains four units: two studios and two one-bedroom apartments. One unit on the third floor is vacant. The brick exterior received a fresh coat of paint in 2024, and a courtyard occupies the rear of the property. An on-site laundry room uses an app-based system and generates additional revenue.
Each unit has a separate electric panel, and gas meters serve cooking. Tenants pay electricity and gas; the owner pays water, sewer, and trash.
Each unit has a separate electric panel, and gas meters serve cooking. Tenants pay electricity and gas; the owner pays water, sewer, and trash.
Key Highlights
- Four apartments: two studios and two one‑bedroom units
- 2,142‑square‑foot building
- Third‑floor apartment is vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,119
Cap Rate
4.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$382,380
$382.4K
Cap Rate 7%
$273,129
$273.1K
Cap Rate 9%
$212,433
$212.4K
Market Conditions
NOI Build-Up for 2,142 SF
Gross rent
$29.6K $13.80/SF
− Vacancy
−$2.2K −$1.05/SF
EGI
$27.3K $12.75/SF
− OpEx
−$8.2K −$3.83/SF
NOI
$19.1K $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%
$382,380
Cap Rate 7%
$273,129
Cap Rate 9%
$212,433
Alternative Uses
Best Use
Multifamily LT 5
$273.1K
$239.0K – $318.7K
NOI $19,119 @ 7.0% cap · market cap 4.78%
Second Best
Apartment 5plus
$243.4K
$213.0K – $284.0K
NOI $17,038 @ 7.0% cap · market cap 4.26%
Theoretical Best
Specialty Retail
$3.95M
$3.45M – $4.60M
NOI $276,157 @ 7.0% cap · market cap 69.06%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
2,457
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - The property pairs a mixed studio and one-bedroom layout with shared laundry and a rear courtyard.
Where is this quadplex located?
The property is located at 1110 N 2ND STREET Harrisburg, PA.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Four apartments: two studios and two one‑bedroom units; 2,142‑square‑foot building; Third‑floor apartment is vacant
