2125 DERRY Street, Harrisburg, PA 17104
MULTI_FAMILY - HARRISBURG, PA
- Added:
- Mar 13, 2026
- Days on Market:
- 96
- Last Refresh:
- Jun 16 at 11:06 pm
Property Features for 2125 DERRY Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- Off Street
- Standard status
- Active
- Size
- 1,776 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3040
Utilities
- Heating system
- Forced Air
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1920
- Number of units
- 2
- Building materials
- Brick
Listing agent Emilie Benuck License #rs342176 (717) 775-4368
Listing office Iron Valley Real Estate of Central PA 395 Saint Johns Church Road unit: 302, Harrisburg, PA (717) 996-4600
Listing date Mar 13, 2026
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
- Turn‑key duplex, fully rented and ready for immediate income.
- Boasts a Net Operating Income (NOI) of $27,156.12 annually.
- Great addition to an investment portfolio.
- Constructed of durable brick.
- Features off‑street parking.
- Includes a basement.
Overview
The duplex is located at 2125 Derry Street in Harrisburg, Dauphin County, Pennsylvania 17104. The lot size is listed as 0.05 acres, supporting a compact residential income layout.
From an ownership standpoint, the unit mix can appeal to tenants who need either a smaller or larger home configuration, while the fully rented status is designed to reduce downtime between occupancy changes. The seller-provided net operating income is reported at $27,156.12 annually, offering a concrete baseline for underwriting. This property may be a practical fit for investors adding to an existing portfolio or evaluating their first residential income asset, given the current leased condition described in the listing remarks.
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 | $24.5k | $13.80 |
| − Vacancy | −$1.9k | −$1.05 |
| EGI | $22.6k | $12.75 |
| − OpEx | −$6.8k | −$3.83 |
| NOI | $15.9k | $8.93 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Harrisburg
- County
- Dauphin
- State
- Pennsylvania
- Longitude
- -76.85201
- Latitude
- 40.26024
