Duplex with Updated
For Sale
$150,000
1811 MARKET STREET, Harrisburg, PA 17103
A one-bedroom lower residence and a two- to three-bedroom upper residence provide separate living configurations.
Property Size1,584 SF
Price / SF$94.70
Days on Market14
Property Features for 1811 MARKET STREET
General Information
Standard status
Active
Size
1,584 SF
Property subtype
Duplex
Units
Unit Mix
1 x 1BR, 1 x 2-3BR
Multifamily Units
2
Building Details
Year Built
1908
Listing Agency:
Keller Williams Realty
(717) 657-4700
Listed By:
Lori Maines · License #RS345139
(717) 884-8892
Source:
Cummingsrealtors
Added: Oct 2
Changed: Oct 15
Last Checked: Oct 15 at 12:48AM
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
Investment Insights
Based on property information with market context.
Built in 1908, this 1,584-square-foot duplex contains two residential units: a one-bedroom lower unit and an upper unit with two to three bedrooms. Both units have new flooring.
The property is in Harrisburg, near the State Capitol, Reservoir Park, dining, and shopping.
The property is in Harrisburg, near the State Capitol, Reservoir Park, dining, and shopping.
Key Highlights
- Two‑unit duplex with 1,584 square feet
- Lower unit has 1 bedroom; upper unit has 2–3 bedrooms
- New flooring in both units
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
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
467
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
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - A one-bedroom lower residence and a two- to three-bedroom upper residence provide separate living configurations.
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 $150,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,584 square feet; Lower unit has 1 bedroom; upper unit has 2–3 bedrooms; New flooring in both units
