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    Renovated Duplex Investment Property Title is generated by Realmo AI

    1201-1203 MARKET Street, Harrisburg, PA 17103

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    For Sale
    $330,000

    MULTI_FAMILY - Other - HARRISBURG, PA

    Property size:
    2,244 SF
    Lot size:
    0.04 Acres
    Price / SF:
    $147/SF
    Added:
    May 22, 2026
    Days on Market:
    30
    Last Refresh:
    Jun 20 at 3:06 am

    Property Features for 1201-1203 MARKET Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Rooms
    Basement
    Parking features
    Off Street
    Standard status
    Active
    Size
    2,244 SF
    Lot size
    0.04 Acres

    Taxes and HOA fees

    Tax Annual Amount
    5270

    Utilities

    Heating system
    Baseboard, Hot Water(Heating)
    Cooling system
    Ceiling Fan(s)

    Building Details

    Year built
    1915
    Number of units
    2
    Building materials
    Brick
    Architectural style
    Other

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    Listing Contact
    JOY DANIELS

    Listing agent JOY DANIELS License #RM421836

    Listing office Joy Daniels Real Estate Group, Ltd 3800 Market Street, Harrisburg, PA

    Listing date May 22, 2026

    MLS# PADA2060372 Listing URL

    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.

    HighLights

    • 2‑unit duplex with 5 bedrooms and 1 bath per unit
    • One unit rented for $1,545/month and the other for $1,850/month
    • Roofing replaced in 2022
    • Brick construction with electric baseboard heat and hot water heating
    • Updated floorings, kitchens, and baths in both units
    • Off‑street parking

    Overview

    This renovated duplex consists of two separate units at 1201-1203 Market Street. Each unit is laid out as a five-bedroom, one-bath home and features electric baseboard heat. Recent updates include refreshed flooring, updated kitchens, and updated baths. Roofing was replaced in 2022, supporting the property’s overall operational readiness.

    The property is located in the city of Harrisburg, PA 17103 within Dauphin County. It is offered for sale as a single duplex investment with both units currently rented at stated monthly amounts of $1,545 and $1,850.

    For investors and owner-operators seeking a straightforward two-unit residential income property, this configuration provides independent tenancy within a duplex format. With both units already improved and the roof replacement completed in 2022, the building presents a practical option for an existing rental portfolio or for someone adding a renovated duplex to their lineup. The unit mix is consistent across both sides, which can simplify leasing and maintenance planning relative to properties with multiple distinct layouts.

    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 $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 (±1% cap)
    NOI $20,030 @ 7.0% cap · market cap 6.07%
    Second Best
    Apartment 5plus
    $255.0K
    $223.1K – $297.5K (±1% cap)
    NOI $17,849 @ 7.0% cap · market cap 5.41%
    Theoretical Best
    Specialty Retail
    $4.13M
    $3.62M – $4.82M (±1% cap)
    NOI $289,308 @ 7.0% cap · market cap 87.67%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Harrisburg
    County
    Dauphin
    State
    Pennsylvania
    Longitude
    -76.871816
    Latitude
    40.2651924

    FAQs

    What type of property is this?
    Duplex - Two renovated units, each with five bedrooms and one bath, offering separately rented living space in Harrisburg.
    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 $330,000.
    What are key features of this property?
    This property features: 2‑unit duplex with 5 bedrooms and 1 bath per unit; One unit rented for $1,545/month and the other for $1,850/month; Roofing replaced in 2022
    More about this property
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