Two-Unit Duplex with Separate
1942 North Street Harrisburg, PA 17103
For Sale
$230,000
Duplex with two separate entrances, month-to-month tenants, and a garage that is currently empty.
Property Size1,968 SF
Price / SF$116.87
Days on Market114
Property Features for 1942 North Street
General Information
Standard status
Active
Size
1,968 SF
Property subtype
Multi-Family / Fee Simple
Building Details
Year Built
1905
Listing Agency:
Berkshire Hathaway HomeServices Homesale Realty
(717) 226-2875
Listed By:
HEATHER ANN NEIDLINGER · License #AB066821
(717) 226-2875
Source:
Compass
Added: Apr 5
Changed: Jul 21
Last Checked: Jul 26 at 1:30PM
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 Berkshire Hathaway HomeServices Homesale Realty
Investment Insights
Based on property information with market context.
This two-unit duplex offers separate entrances for both units and functional layouts. The first-floor unit includes two bedrooms in a walkthrough-style configuration. The second-floor unit features four bedrooms and one full bathroom.
Tenants are on a month-to-month arrangement. Each tenant pays their own electric and gas, and there is an additional garage that was previously rented for $100 per month and is currently empty.
The property is located in Dauphin County within the City of Harrisburg MLS area, served by the Harrisburg City School District.
Tenants are on a month-to-month arrangement. Each tenant pays their own electric and gas, and there is an additional garage that was previously rented for $100 per month and is currently empty.
The property is located in Dauphin County within the City of Harrisburg MLS area, served by the Harrisburg City School District.
Key Highlights
- Two‑unit duplex built in 1905 with separate entrances for each unit
- First‑floor unit: 2 bedrooms (walkthrough) rented at $675/month
- Second‑floor unit: 4 bedrooms with 1 full bathroom rented at $1,100/month
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 | $27.2k | $13.80 |
| − Vacancy | −$2.1k | −$1.05 |
| EGI | $25.1k | $12.75 |
| − OpEx | −$7.5k | −$3.83 |
| NOI | $17.6k | $8.93 |
1,968 SF · lease $13.80/SF/yr · vacancy 7.60% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$250.9K
$219.6K – $292.8K
NOI $17,566 @ 7.0% cap · market cap 7.64%
Second Best
Apartment 5plus
$223.6K
$195.7K – $260.9K
NOI $15,654 @ 7.0% cap · market cap 6.81%
Theoretical Best
Specialty Retail
$3.62M
$3.17M – $4.23M
NOI $253,724 @ 7.0% cap · market cap 110.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Duplex with two separate entrances, month-to-month tenants, and a garage that is currently empty.
Where is this duplex located?
The property is located at 1942 North Street Harrisburg, PA.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1905 with separate entrances for each unit; First‑floor unit: 2 bedrooms (walkthrough) rented at $675/month; Second‑floor unit: 4 bedrooms with 1 full bathroom rented at $1,100/month
