Renovated Two-Unit
For Sale
$315,000
1201-1203 MARKET Street, Harrisburg, PA 17103
MULTI_FAMILY - Other - HARRISBURG, PA
Property Size2,244 SF
Lot Size0.04 Acres
Price / SF$140.37
Days on Market77
Property Features for 1201-1203 MARKET Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking features
Off Street
Subdivision
ALLISON HILL
High school
HARRISBURG HIGH SCHOOL
Elementary school district
HARRISBURG CITY
Middle school district
HARRISBURG CITY
High school district
HARRISBURG CITY
Standard status
Active
Size
2,244 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
5270
Utilities
Heating system
Hot Water(Heating), Baseboard
Cooling system
Ceiling Fan(s)
Building Details
Year built
1915
Number of units
2
Building materials
Brick
Architectural style
Other
Listing Agency:
Joy Daniels Real Estate Group, Ltd
(717) 695-3177
Listed By:
JOY DANIELS · License #RM421836
(717) 724-5736
Added: May 22
Changed: Aug 5
Last Checked: Aug 6 at 9:06AM
MLS# PADA2060372
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 2,244-square-foot brick duplex contains two five-bedroom, one-bath units. Both apartments feature refreshed flooring, kitchens, and bathrooms, while the roof was replaced in 2022. Electric baseboard heat and ceiling fans serve the units, and a basement provides additional space. Off-street parking is also included.
The property is located at 1201-1203 Market Street in Harrisburg, Pennsylvania. One unit is occupied under a yearly lease, while the second unit is currently vacant. Ownership is responsible for sewer, trash, and property taxes; residents pay electric and water. Built in 1915, the duplex offers a two-unit configuration with separately leased residential spaces.
The property is located at 1201-1203 Market Street in Harrisburg, Pennsylvania. One unit is occupied under a yearly lease, while the second unit is currently vacant. Ownership is responsible for sewer, trash, and property taxes; residents pay electric and water. Built in 1915, the duplex offers a two-unit configuration with separately leased residential spaces.
Key Highlights
- 2,244‑square‑foot duplex on a 0.04‑acre lot
- Two units, each with 5 bedrooms and 1 bath
- Roof replaced in 2022
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 | $31.0k | $13.80 |
| − Vacancy | −$2.4k | −$1.05 |
| EGI | $28.6k | $12.75 |
| − OpEx | −$8.6k | −$3.83 |
| NOI | $20.0k | $8.93 |
2,244 SF · lease $13.80/SF/yr · vacancy 7.60% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$286.1K
$250.4K – $333.8K
NOI $20,030 @ 7.0% cap · market cap 6.36%
Second Best
Apartment 5plus
$255.0K
$223.1K – $297.5K
NOI $17,849 @ 7.0% cap · market cap 5.67%
Theoretical Best
Specialty Retail
$4.13M
$3.62M – $4.82M
NOI $289,308 @ 7.0% cap · market cap 91.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
515
Businesses Nearby
Explore this area
Business Placement
Demographics for 17103, PA
12,225
Population
5,345
Households
2.3
Avg Household Size
33
Median Age
18%
College-Educated
86%
High-School Grad
1.9 sq mi
ZIP Area
6,434
Density / Sq Mi
$41,383
Median Household Income
$33,608
Median Earnings
$933
Median Rent
$113,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Brick duplex with updated interiors, off-street parking, and one vacant unit ready for leasing.
Where is this duplex located?
The property is located at 1201-1203 MARKET Street Harrisburg, PA.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: 2,244‑square‑foot duplex on a 0.04‑acre lot; Two units, each with 5 bedrooms and 1 bath; Roof replaced in 2022
