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    Two-Unit Residential Income Property Title is generated by Realmo AI

    1942 NORTH Street, Harrisburg, PA 17103

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    For Sale
    $215,000

    MULTI_FAMILY - Other - HARRISBURG, PA

    Property size:
    1,968 SF
    Lot size:
    0.05 Acres
    Price / SF:
    $109/SF
    Added:
    Apr 6, 2026
    Days on Market:
    68
    Last Refresh:
    Jun 12 at 9:06 am

    Property Features for 1942 NORTH Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    On Street
    Standard status
    Active
    Size
    1,968 SF
    Lot size
    0.05 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1766

    Utilities

    Heating system
    Hot Water(Heating), Forced Air, Heat Pump (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1905
    Number of units
    2
    Building materials
    Frame
    Architectural style
    Other

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    Listing Contact
    HEATHER ANN NEIDLINGER

    Listing agent HEATHER ANN NEIDLINGER License #AB066821

    Listing office Berkshire Hathaway HomeServices Homesale Realty 801 Belvedere Street, Lancaster, PA

    Listing date Apr 6, 2026

    MLS# PADA2058554 Listing URL

    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.

    HighLights

    • Two‑unit property with separate entrances for each unit
    • First‑floor unit: 2‑bedroom walkthrough layout rented for $675
    • Second‑floor unit: 4‑bedroom unit rented for $1,100 and includes 1 full bathroom
    • Tenants are month‑to‑month
    • Garage included; previously rented for $100/month and is currently empty
    • Frame construction with central air and heating options including forced air and heat pump

    Overview

    This two-unit residential property offers flexible living and income structure with separate entrances for each unit. The first-floor unit is a 2-bedroom walkthrough layout. The second-floor unit features 4 bedrooms and 1 full bathroom, with its own entrance and functional multi-bedroom configuration.

    The property is located at 1942 North Street in Harrisburg, Pennsylvania (Dauphin County). Tenancy is month-to-month, which can support a range of tenanting and occupancy scenarios. A garage is included on-site; the garage has been rented but is currently empty. Each tenant pays their own electric and gas.

    For buyers or owner-occupants, the unit separation and individual entrances can support privacy and practical day-to-day living. The month-to-month arrangement and tenant-paid utilities may also appeal to operators seeking straightforward responsibility alignment between the units. The combination of a smaller first-floor plan and a larger second-floor plan provides different options for how space is used within the same property.

    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 $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 (±1% cap)
    NOI $17,566 @ 7.0% cap · market cap 8.17%
    Second Best
    Apartment 5plus
    $223.6K
    $195.7K – $260.9K (±1% cap)
    NOI $15,654 @ 7.0% cap · market cap 7.28%
    Theoretical Best
    Specialty Retail
    $3.62M
    $3.17M – $4.23M (±1% cap)
    NOI $253,724 @ 7.0% cap · market cap 118.01%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Harrisburg
    County
    Dauphin
    State
    Pennsylvania
    Longitude
    -76.86212
    Latitude
    40.27429

    FAQs

    What type of property is this?
    Duplex - Two separate units with individual entrances and month-to-month tenants, plus a garage on the property.
    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 $215,000.
    What are key features of this property?
    This property features: Two‑unit property with separate entrances for each unit; First‑floor unit: 2‑bedroom walkthrough layout rented for $675; Second‑floor unit: 4‑bedroom unit rented for $1,100 and includes 1 full bathroom
    More about this property
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