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Six-Unit Apartment Building
For Sale
$895,000

130 State Street, Harrisburg, PA 17101

Updated multifamily property combines furnished short-term rentals with leased one-bedroom apartments and riverfront zoning.

Property Size3,060 SF
Price / SF$292.48
Days on Market198

Property Features for 130 State Street

General Information

Standard status Active
Size 3,060 SF
Property subtype Multi-family
Zoning Riverfront zoning
Lease Term []

Units

Unit Mix 4 x 1BR
Multifamily Units 6

Additional Details

Cap Rate 6.57%

Building Details

Year Built 1920
Listing Agency: Cottage Ridge Realty
Listed By: Amanda Sachs · License #RS367234
Source: Deepcreeklake
Added: Apr 23 Changed: Nov 5 Last Checked: Nov 4 at 5:38PM

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 Cottage Ridge Realty

Rey
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Investment Insights

Based on property information with market context.

Built in 1920, this six-unit apartment property at 130 State Street includes two furnished units operated as short-term rentals and four leased one-bedroom apartments. Interior improvements include contemporary finishes, stainless steel appliances, and mini-split systems serving every unit. The property is designated for riverfront zoning and offers views toward the river and the Capitol.

The unit mix supports both furnished short-term accommodation and conventional residential leasing within the same multifamily asset. A reported 6.57% cap rate provides an additional underwriting reference for prospective purchasers.

Key Highlights

  • Six‑unit apartment property at 130 State Street, Harrisburg, PA 17101
  • Two furnished units operate as short‑term rentals
  • Four leased one‑bedroom units

Property Analytics

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Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

3,343
Businesses Nearby

Demographics for 17101, PA

2,901
Population
2,190
Households
1.3
Avg Household Size
36
Median Age
46%
College-Educated
96%
High-School Grad
0.5 sq mi
ZIP Area
5,802
Density / Sq Mi
$70,100
Median Household Income
$59,114
Median Earnings
$984
Median Rent
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Apartment building - Updated multifamily property combines furnished short-term rentals with leased one-bedroom apartments and riverfront zoning.
Where is this apartment building located?
The property is located at 130 State Street Harrisburg, PA.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Six‑unit apartment property at 130 State Street, Harrisburg, PA 17101; Two furnished units operate as short‑term rentals; Four leased one‑bedroom units
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