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Six-Unit Apartment Building
For Sale
$905,000

130 State Street, Harrisburg, PA 17101

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

Property SizeContact for details
Days on Market142

Property Features for 130 State Street

General Information

Standard status Active
Property subtype Commercial
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
Source: Deepcreeklake
Added: Mar 18 Changed: Aug 5 Last Checked: Aug 6 at 4:36AM

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

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

Current Use

Budget Auto Insurance Marketing & Advertising Beshore Law Law Firm Milspaw Jr Luther ... Law Firm

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Electrical Service Acupuncture Butcher Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

3,077
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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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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 $905,000.
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
More about this property
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