Two-Unit Duplex with
For Sale
$230,000
Pending
1942 NORTH ST, Harrisburg, PA 17103
Separate entrances and month-to-month occupancy support owner-occupant or rental use.
Property Size1,968 SF
Days on Market110
Property Features for 1942 NORTH ST
General Information
Standard status
Pending
Size
1,968 SF
Property subtype
Multi-family
Units
Unit Mix
1 x 2BR, 1 x 4BR/1BA
Multifamily Units
2
Listing Agency:
Berkshire Hathaway HomeServices Homesale Realty
(717) 245-2100
Listed By:
HEATHER ANN NEIDLINGER · License #AB066821
(717) 226-2875
Source:
Towncentermd
Added: Jul 15
Changed: Oct 26
Last Checked: Nov 1 at 5:14AM
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
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Investment Insights
Based on property information with market context.
Located at 1942 North St in Harrisburg, this 1,968-square-foot duplex contains two residential units with separate entrances. The first-floor residence offers two bedrooms, while the second-floor unit includes four bedrooms and one full bathroom. Both units have functional layouts, and tenancy is structured on a month-to-month basis.
A garage is included with the property and is currently vacant. Residents pay their own electric and gas service, providing separate utility responsibility for each household. The two-unit configuration and distinct entrances accommodate rental operations or multi-generational living.
A garage is included with the property and is currently vacant. Residents pay their own electric and gas service, providing separate utility responsibility for each household. The two-unit configuration and distinct entrances accommodate rental operations or multi-generational living.
Key Highlights
- 1,968‑square‑foot duplex with two residential units
- First‑floor unit includes 2 bedrooms
- Second‑floor unit includes 4 bedrooms and 1 full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,566
Cap Rate
7.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$351,320
$351.3K
Cap Rate 7%
$250,943
$250.9K
Cap Rate 9%
$195,178
$195.2K
Market Conditions
NOI Build-Up for 1,968 SF
Gross rent
$27.2K $13.80/SF
− Vacancy
−$2.1K −$1.05/SF
EGI
$25.1K $12.75/SF
− OpEx
−$7.5K −$3.83/SF
NOI
$17.6K $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%
$351,320
Cap Rate 7%
$250,943
Cap Rate 9%
$195,178
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.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
610
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate entrances and month-to-month occupancy support owner-occupant or rental use.
Where is this duplex located?
The property is located at 1942 NORTH ST 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: 1,968‑square‑foot duplex with two residential units; First‑floor unit includes 2 bedrooms; Second‑floor unit includes 4 bedrooms and 1 full bathroom
