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    Well-Maintained Harrisburg Duplex For Sale Title is generated by Realmo AI

    2038 MARKET Street, Harrisburg, PA 17103

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    For Sale
    $280,000

    MULTI_FAMILY - Other - HARRISBURG, PA

    Property size:
    2,436 SF
    Lot size:
    0.09 Acres
    Price / SF:
    $114/SF
    Added:
    Apr 19, 2026
    Days on Market:
    55
    Last Refresh:
    Jun 12 at 10:06 am

    Property Features for 2038 MARKET Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Rooms
    Basement
    Parking
    2
    Parking features
    Garage - Detached, On Street
    Interior features
    Built-Ins, Carpet, Ceiling Fan(s)
    Appliances
    Dishwasher, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer, WaterHeater
    Standard status
    Active
    Size
    2,436 SF
    Lot size
    0.09 Acres

    Taxes and HOA fees

    Tax Annual Amount
    3369

    Utilities

    Heating system
    Hot Water(Heating), Electric (Heating), Baseboard
    Cooling system
    Ceiling Fan(s)

    Building Details

    Year built
    1900
    Number of units
    2
    Building materials
    Brick
    Architectural style
    Other

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    Listing Contact
    Stephanie A Vega

    Listing agent Stephanie A Vega License #RS289846

    Listing office RE/MAX Cornerstone 931 Russell Drive unit: A, Lebanon, PA

    Listing date Apr 19, 2026

    MLS# PADA2058976 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

    • Well‑maintained duplex with two 2‑bedroom units currently rented for immediate income
    • Unit 2038 (2nd floor) rents for $1,200/month; private entrance, sunroom, brick fireplace, formal dining, and large primary bedroom
    • Unit 2040 rents for $1,100/month; 2‑bedroom layout with fireplace, front porch, and rear deck
    • Landlord pays water, sewer, and trash for both units
    • Brick construction with basement and multiple built‑in and interior features including ceiling fans and ceiling fan(s)
    • Detached garage plus on‑street parking; heated with hot water/baseboard/electric and cooled with ceiling fan(s); sold as‑is

    Overview

    This well-maintained duplex in Harrisburg, PA, features two 2-bedroom units, both currently rented and providing immediate income. One unit rents for $1,200 per month and includes a private entrance, sunroom, spacious living room with a brick fireplace, a formal dining room, and a large primary bedroom. The other unit rents for $1,100 per month and offers a 2-bedroom layout with beautiful floors, a fireplace, a front porch, and a rear deck. The landlord is responsible for water, sewer, and trash services. The property is being sold AS-IS. The lot size is 0.09 acres, and the property size is 2436 square feet. Owner financing is available.

    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 $33.6k $13.80
    − Vacancy −$2.6k −$1.05
    EGI $31.1k $12.75
    − OpEx −$9.3k −$3.83
    NOI $21.7k $8.93
    2,436 SF · lease $13.80/SF/yr · vacancy 7.60% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $310.6K
    $271.8K – $362.4K (±1% cap)
    NOI $21,743 @ 7.0% cap · market cap 7.77%
    Second Best
    Apartment 5plus
    $276.8K
    $242.2K – $323.0K (±1% cap)
    NOI $19,377 @ 7.0% cap · market cap 6.92%
    Theoretical Best
    Specialty Retail
    $4.49M
    $3.93M – $5.23M (±1% cap)
    NOI $314,061 @ 7.0% cap · market cap 112.16%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile 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 Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Harrisburg
    County
    Dauphin
    State
    Pennsylvania
    Longitude
    -76.85828
    Latitude
    40.26938

    FAQs

    What type of property is this?
    Duplex - Income-generating duplex with two rented units and owner financing.
    Where is this duplex located?
    The property is located at 2038 MARKET Street Harrisburg, PA.
    What is the asking price?
    The asking price for this property is $280,000.
    What are key features of this property?
    This property features: Well‑maintained duplex with two 2‑bedroom units currently rented for immediate income; Unit 2038 (2nd floor) rents for $1,200/month; private entrance, sunroom, brick fireplace, formal dining, and large primary bedroom; Unit 2040 rents for $1,100/month; 2‑bedroom layout with fireplace, front porch, and rear deck
    More about this property
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