Two-Unit Residential Income
1811 MARKET Street Harrisburg, PA 17103
1811 MARKET Street, Harrisburg, PA, 17103
$160,000
For Sale
$160,000
MULTI_FAMILY - Colonial - HARRISBURG, PA
Property Size1,584 SF
Lot Size0.03 Acres
Price / SF$101.01
Days on Market52
Property Features for 1811 MARKET Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Parking features
- On Street
- Standard status
- Active
- Size
- 1,584 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1899
Utilities
- Heating system
- Electric (Heating), Baseboard
Building Details
- Year built
- 1908
- Number of units
- 2
- Building materials
- Brick
- Architectural style
- Colonial
Listing agency
Keller Williams Realty
(717) 657-4700
Listed by
Isaura Molina-Calvo · License #RS368496
(347) 277-7096
Added: Jun 1 Updated: Jul 21 at 11:32AM Checked: Jul 22 at 9:06PM
MLS# PADA2060556
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-maintained two-unit duplex offers a straightforward layout with each unit separately served by electric baseboard heating, electric water heaters, and electric appliances. The property is being delivered fully vacant, giving a buyer flexibility to occupy one unit while leasing the other, or to lease both units.
The home is located at 1811 Market Street in Harrisburg, Pennsylvania (17103). At approximately 1,584 square feet on a 0.03-acre lot, the duplex needs some structural repairs, which presents an opportunity to address deferred maintenance and further refine the property.
The home is located at 1811 Market Street in Harrisburg, Pennsylvania (17103). At approximately 1,584 square feet on a 0.03-acre lot, the duplex needs some structural repairs, which presents an opportunity to address deferred maintenance and further refine the property.
Key Highlights
- Two‑unit property built in 1908 with Colonial architectural style
- Brick construction
- Separate electric baseboard heating for each unit, plus electric water heaters
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.9k | $13.80 |
| − Vacancy | −$1.7k | −$1.05 |
| EGI | $20.2k | $12.75 |
| − OpEx | −$6.1k | −$3.83 |
| NOI | $14.1k | $8.93 |
1,584 SF · lease $13.80/SF/yr · vacancy 7.60% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$202.0K
$176.7K – $235.7K
NOI $14,139 @ 7.0% cap · market cap 8.84%
Second Best
Apartment 5plus
$180.0K
$157.5K – $210.0K
NOI $12,600 @ 7.0% cap · market cap 7.88%
Theoretical Best
Specialty Retail
$2.92M
$2.55M – $3.40M
NOI $204,217 @ 7.0% cap · market cap 127.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-unit duplex with separate electric baseboard heat and electric water heaters, delivered fully vacant.
Where is this duplex located?
The property is located at 1811 MARKET Street Harrisburg, PA.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Two‑unit property built in 1908 with Colonial architectural style; Brick construction; Separate electric baseboard heating for each unit, plus electric water heaters
