Remodeled Duplex with Adjoining
New
For Sale
$325,000
1532 REGINA STREET, Harrisburg, PA 17103
Two updated residences are accompanied by adjoining vacant parcels with open green space and mature trees.
Property Size2,400 SF
Price / SF$135.42
Days on Market6
Property Features for 1532 REGINA STREET
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Duplex
Additional Details
Utilities to Site
Yes
Land Use
residential
Amenities
covered front porch
Building Details
Year Built
1900
Construction
brick
Tenancy
Multi
Listing Agency:
Coldwell Banker Realty
(717) 761-4800
Listed By:
Jonathan Fernandez · License #rs345152
(717) 623-0030
Source:
Cummingsrealtors
Added: Oct 26
Changed: Oct 29
Last Checked: Oct 30 at 3:18PM
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 Coldwell Banker Realty
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Investment Insights
Based on property information with market context.
This 2,400-square-foot brick duplex, built in 1900, contains two remodeled residences with a combined seven bedrooms and four full bathrooms. The first unit has four bedrooms, including one in a finished attic, and two bathrooms; the second offers three bedrooms and two bathrooms. Both interiors feature updated kitchens and wood flooring. Kitchen details include stainless-steel appliances, while the second unit also has a center island with seating. The property includes a gas furnace, gas water heater, and air conditioning.
Two adjoining vacant lots at 1526 and 1530 Regina Street are included with the duplex at 1532 Regina Street, for a total of three parcels. The additional land features mature trees and open green space.
Two adjoining vacant lots at 1526 and 1530 Regina Street are included with the duplex at 1532 Regina Street, for a total of three parcels. The additional land features mature trees and open green space.
Key Highlights
- Two remodeled residential units with a combined 7 bedrooms and 4 full bathrooms
- 2,400 square feet; built in 1900
- Unit 1 has 4 bedrooms, including a finished‑attic bedroom, and 2 full bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,422
Cap Rate
6.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$428,440
$428.4K
Cap Rate 7%
$306,029
$306.0K
Cap Rate 9%
$238,022
$238.0K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$33.1K $13.80/SF
− Vacancy
−$2.5K −$1.05/SF
EGI
$30.6K $12.75/SF
− OpEx
−$9.2K −$3.83/SF
NOI
$21.4K $8.93/SF
Area
Dauphin County, PA
Vacancy
7.60%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$428,440
Cap Rate 7%
$306,029
Cap Rate 9%
$238,022
Alternative Uses
Best Use
Multifamily LT 5
$306.0K
$267.8K – $357.0K
NOI $21,422 @ 7.0% cap · market cap 6.59%
Second Best
Apartment 5plus
$272.7K
$238.6K – $318.2K
NOI $19,090 @ 7.0% cap · market cap 5.87%
Theoretical Best
Specialty Retail
$4.42M
$3.87M – $5.16M
NOI $309,420 @ 7.0% cap · market cap 95.21%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,278
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two updated residences are accompanied by adjoining vacant parcels with open green space and mature trees.
Where is this duplex located?
The property is located at 1532 REGINA STREET Harrisburg, PA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Two remodeled residential units with a combined 7 bedrooms and 4 full bathrooms; 2,400 square feet; built in 1900; Unit 1 has 4 bedrooms, including a finished‑attic bedroom, and 2 full bathrooms
