Duplex with Updated
New
For Sale
$150,000
1811 MARKET ST, Harrisburg, PA 17103
Two separate residences offer one- and two-to-three-bedroom layouts in a multifamily configuration.
Property Size1,584 SF
Price / SF$94.70
Days on Market2
Property Features for 1811 MARKET ST
General Information
Standard status
Active
Size
1,584 SF
Property subtype
Multi-family
Units
Unit Mix
1 x 1BR, 1 x 2-3BR
Multifamily Units
2
Listing Agency:
Keller Williams Realty
(717) 657-4700
Listed By:
Lori Maines · License #RS345139
(717) 884-8892
Source:
Keygroupmd
Added: Oct 19
Last Checked: Oct 19 at 3:10AM
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 Keller Williams Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex contains two residences totaling 1,584 square feet. The lower unit has one bedroom, while the upper unit has two to three bedrooms. Both units have new flooring, providing a consistent finish across the property.
The property is in Harrisburg, minutes from the State Capitol building and Reservoir Park, with dining and shopping nearby.
The property is in Harrisburg, minutes from the State Capitol building and Reservoir Park, with dining and shopping nearby.
Key Highlights
- 1,584‑square‑foot duplex
- Lower unit has 1 bedroom
- Upper unit has 2–3 bedrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,600
Cap Rate
8.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$252,000
$252.0K
Cap Rate 7%
$180,000
$180.0K
Cap Rate 9%
$140,000
$140.0K
Market Conditions
NOI Build-Up for 1,584 SF
Gross rent
$24.9K $15.72/SF
− Vacancy
−$2.0K −$1.26/SF
EGI
$22.9K $14.46/SF
− OpEx
−$10.3K −$6.51/SF
NOI
$12.6K $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%
$252,000
Cap Rate 7%
$180,000
Cap Rate 9%
$140,000
Alternative Uses
Best Use
Multifamily LT 5
$202.0K
$176.7K – $235.7K
NOI $14,139 @ 7.0% cap · market cap 9.43%
Second Best
Apartment 5plus
$180.0K
$157.5K – $210.0K
NOI $12,600 @ 7.0% cap · market cap 8.40%
Theoretical Best
Specialty Retail
$2.92M
$2.55M – $3.40M
NOI $204,217 @ 7.0% cap · market cap 136.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
933
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer one- and two-to-three-bedroom layouts in a multifamily configuration.
Where is this duplex located?
The property is located at 1811 MARKET ST Harrisburg, PA.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 1,584‑square‑foot duplex; Lower unit has 1 bedroom; Upper unit has 2–3 bedrooms
