1- and 3-Bedroom
For Sale
$210,000
2125 DERRY Street, Harrisburg, PA 17104
MULTI_FAMILY - HARRISBURG, PA
Property Size1,776 SF
Lot Size0.05 Acres
Price / SF$118.24
Days on Market143
Property Features for 2125 DERRY Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking features
Off Street
High school
HARRISBURG HIGH SCHOOL
Elementary school district
HARRISBURG CITY
Middle school district
HARRISBURG CITY
High school district
HARRISBURG CITY
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 Agency:
Iron Valley Real Estate of Central PA
(717) 996-4600
Listed By:
Emilie Benuck · License #rs342176
(717) 775-4368
Added: Mar 13
Changed: Jun 16
Last Checked: Aug 2 at 7:06PM
MLS# PADA2057482
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.
Investment Insights
Based on property information with market context.
This turn-key duplex offers two residential units configured as a 1-bedroom and a 3-bedroom. The property is reported as fully rented, providing an immediately operating setup for an income-focused buyer. The total property size is listed as 1,776 square feet.
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.
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.
Key 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.
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 |
1,776 SF · lease $13.80/SF/yr · vacancy 7.60% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$226.5K
$198.2K – $264.2K
NOI $15,852 @ 7.0% cap · market cap 7.55%
Second Best
Apartment 5plus
$201.8K
$176.6K – $235.5K
NOI $14,127 @ 7.0% cap · market cap 6.73%
Theoretical Best
Specialty Retail
$3.27M
$2.86M – $3.82M
NOI $228,971 @ 7.0% cap · market cap 109.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
944
Businesses Nearby
Explore this area
Business Placement
Demographics for 17104, PA
20,058
Population
8,700
Households
2.3
Avg Household Size
32
Median Age
17%
College-Educated
80%
High-School Grad
3.4 sq mi
ZIP Area
5,899
Density / Sq Mi
$42,113
Median Household Income
$31,319
Median Earnings
$953
Median Rent
$102,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Fully rented duplex with a 1-bedroom and a 3-bedroom unit, suited for buyers seeking ready-to-operate residential income.
Where is this duplex located?
The property is located at 2125 DERRY Street Harrisburg, PA.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: 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.
