Multifamily Investment
For Sale
$850,000
1701 N Front St, Harrisburg, PA 17102
Quadplex offers one two-bedroom unit and three one-bedroom units, with on-site parking on a 0.13-acre lot.
Property Size4,803 SF
Lot Size0.13 Acres
Price / SF$176.97
Days on Market201
Property Features for 1701 N Front St
General Information
Standard status
Active
Size
4,803 SF
Lot size
0.13 Acres
Property subtype
Multi-Family
Additional Details
Multifamily Units
4
Building Details
Building Size
4,803 SF
Year Built
1917
Units
4
Listing Agency:
NAI CIR
Listed By:
Nik Sgagias · License #AB069294
(717) 439-9453
Source:
Commercialcafe
Added: Apr 3
Changed: Oct 9
Last Checked: Oct 19 at 4:29AM
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 NAI CIR
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Investment Insights
Based on property information with market context.
This multifamily property is configured as a quadplex with a mix of one two-bedroom unit and three one-bedroom units. The building totals approximately 4,803 square feet and includes on-site parking for residents.
The property is located at 1701 N Front St in Harrisburg, PA. The combination of unit mix and on-site parking supports straightforward, day-to-day residential operations.
For investors or owner-operators seeking rental housing, this building’s four-unit layout provides multiple income streams within one asset.
The property is located at 1701 N Front St in Harrisburg, PA. The combination of unit mix and on-site parking supports straightforward, day-to-day residential operations.
For investors or owner-operators seeking rental housing, this building’s four-unit layout provides multiple income streams within one asset.
Key Highlights
- Multifamily quadplex at 1701 N Front St in Harrisburg, PA
- Unit mix: 1 two‑bedroom unit and 3 one‑bedroom units
- Approximately 4,803 SF total building area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,871
Cap Rate
5.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$857,420
$857.4K
Cap Rate 7%
$612,443
$612.4K
Cap Rate 9%
$476,344
$476.3K
Market Conditions
NOI Build-Up for 4,803 SF
Gross rent
$66.3K $13.80/SF
− Vacancy
−$5.0K −$1.05/SF
EGI
$61.2K $12.75/SF
− OpEx
−$18.4K −$3.83/SF
NOI
$42.9K $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%
$857,420
Cap Rate 7%
$612,443
Cap Rate 9%
$476,344
Alternative Uses
Best Use
Multifamily LT 5
$612.4K
$535.9K – $714.5K
NOI $42,871 @ 7.0% cap · market cap 5.04%
Second Best
Apartment 5plus
$545.8K
$477.6K – $636.8K
NOI $38,205 @ 7.0% cap · market cap 4.49%
Theoretical Best
Specialty Retail
$8.85M
$7.74M – $10.32M
NOI $619,227 @ 7.0% cap · market cap 72.85%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,287
Businesses Nearby
Explore this area
Business Placement
Demographics for 17102, PA
7,989
Population
5,105
Households
1.6
Avg Household Size
37
Median Age
50%
College-Educated
91%
High-School Grad
0.8 sq mi
ZIP Area
9,986
Density / Sq Mi
$55,369
Median Household Income
$47,544
Median Earnings
$1,062
Median Rent
$172,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Quadplex offers one two-bedroom unit and three one-bedroom units, with on-site parking on a 0.13-acre lot.
Where is this quadplex located?
The property is located at 1701 N Front St Harrisburg, PA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Multifamily quadplex at 1701 N Front St in Harrisburg, PA; Unit mix: 1 two‑bedroom unit and 3 one‑bedroom units; Approximately 4,803 SF total building area
