Multifamily Property with Separate Living
For Sale
$650,000
Pending
1350 Fishing Creek Valley Rd, Harrisburg, PA 17112
Secluded acreage property with multiple residences, an Airbnb, private apartment, pool, and pond.
Property Size7,231 SF
Days on Market77
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Property Features for 1350 Fishing Creek Valley Rd
General Information
Standard status
Pending
Size
7,231 SF
Property subtype
Multi-Family
Building Details
Year Built
1989
Listing Agency:
Joy Daniels Real Estate Group, Ltd
Listed By:
JOY DANIELS · License #RM421836
(717) 724-5736
Source:
Baltimoreharfordhomesforsale
Added: Jul 31
Changed: Oct 15
Last Checked: Oct 14 at 11:17PM
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 Joy Daniels Real Estate Group, Ltd
Investment Insights
Based on property information with market context.
Set on 3.44 acres in Fishing Creek Valley, this multifamily property offers more than 6,300 square feet of living space across four separate living areas. The configuration includes a main residence, an Airbnb, a private apartment, and a detached garage with additional flexible space. The main home contains 5 bedrooms, 3 full baths, and 3 half baths.
Outdoor amenities include an in-ground pool, pond, and landscaped grounds. The property is located at 1350 Fishing Creek Valley Rd in Harrisburg, with the setting described as peaceful and natural while remaining just minutes from Harrisburg. Built in 1989, the compound provides a range of residential spaces within one property.
Outdoor amenities include an in-ground pool, pond, and landscaped grounds. The property is located at 1350 Fishing Creek Valley Rd in Harrisburg, with the setting described as peaceful and natural while remaining just minutes from Harrisburg. Built in 1989, the compound provides a range of residential spaces within one property.
Key Highlights
- 3.44 acres in Fishing Creek Valley
- More than 6,300 square feet of living space
- Four separate living areas, including an Airbnb and private apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,518
Cap Rate
8.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,150,360
$1.2M
Cap Rate 7%
$821,686
$821.7K
Cap Rate 9%
$639,089
$639.1K
Market Conditions
NOI Build-Up for 7,231 SF
Gross rent
$113.7K $15.72/SF
− Vacancy
−$9.1K −$1.26/SF
EGI
$104.6K $14.46/SF
− OpEx
−$47.1K −$6.51/SF
NOI
$57.5K $7.95/SF
Area
Dauphin County, PA
Vacancy
8.00%
Lease Rate
$15.72 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,150,360
Cap Rate 7%
$821,686
Cap Rate 9%
$639,089
Alternative Uses
Best Use
Apartment 5plus
$821.7K
$719.0K – $958.6K
NOI $57,518 @ 7.0% cap · market cap 8.85%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$13.32M
$11.65M – $15.54M
NOI $932,257 @ 7.0% cap · market cap 143.42%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
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Business Placement
Demographics for 17112, PA
37,137
Population
16,026
Households
2.3
Avg Household Size
44
Median Age
44%
College-Educated
95%
High-School Grad
69.6 sq mi
ZIP Area
534
Density / Sq Mi
$101,784
Median Household Income
$55,056
Median Earnings
$1,400
Median Rent
$290,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - Secluded acreage property with multiple residences, an Airbnb, private apartment, pool, and pond.
Where is this multifamily property located?
The property is located at 1350 Fishing Creek Valley Rd Harrisburg, PA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 3.44 acres in Fishing Creek Valley; More than 6,300 square feet of living space; Four separate living areas, including an Airbnb and private apartment
