Four-Unit Brick
For Sale
$350,000
215 WOODBINE STREET, Harrisburg, PA 17110
The two-story property includes a finished attic, basement, three covered porches and a balcony.
Property Size2,678 SF
Price / SF$130.69
Days on Market22
Property Features for 215 WOODBINE STREET
General Information
Standard status
Active
Size
2,678 SF
Property subtype
Quadruplex
Occupancy
75%
Units
Unit Mix
4 x 1BR/1BA
Multifamily Units
4
Additional Details
Gross Income
$30,300
Utilities to Site
Yes
Amenities
covered porches
balcony
Building Details
Year Built
1910
Buildings
1
Stories
2
Construction
brick
Listing Agency:
Berkshire Hathaway HomeServices Homesale Realty
(717) 657-8700
Listed By:
DARIUS RAMSEY · License #RS292802
(717) 903-7008
Source:
Cummingsrealtors
Added: Sep 25
Changed: Oct 13
Last Checked: Oct 12 at 8:49PM
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.
Built in 1910, this brick quadplex contains 2,678 square feet across two stories and a finished attic. The layout includes four one-bedroom units and four full bathrooms, along with a full basement, three covered porches and a balcony. Each apartment has a separate electric meter; natural gas heating runs through one building meter. On-street parking serves the property.
Three units are occupied, with contracts totaling $2,525 per month. The remaining apartment is vacant and was last leased at $825 per month. Two occupied units are month-to-month, while the third lease runs through September 2027. The building is professionally managed.
Three units are occupied, with contracts totaling $2,525 per month. The remaining apartment is vacant and was last leased at $825 per month. Two occupied units are month-to-month, while the third lease runs through September 2027. The building is professionally managed.
Key Highlights
- Four one‑bedroom units and four full bathrooms
- 2,678 square feet in a two‑story building with a finished attic
- Built in 1910; brick construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,903
Cap Rate
6.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$478,060
$478.1K
Cap Rate 7%
$341,471
$341.5K
Cap Rate 9%
$265,589
$265.6K
Market Conditions
NOI Build-Up for 2,678 SF
Gross rent
$37.0K $13.80/SF
− Vacancy
−$2.8K −$1.05/SF
EGI
$34.1K $12.75/SF
− OpEx
−$10.2K −$3.83/SF
NOI
$23.9K $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%
$478,060
Cap Rate 7%
$341,471
Cap Rate 9%
$265,589
Alternative Uses
Best Use
Multifamily LT 5
$341.5K
$298.8K – $398.4K
NOI $23,903 @ 7.0% cap · market cap 6.83%
Second Best
Apartment 5plus
$304.3K
$266.3K – $355.0K
NOI $21,302 @ 7.0% cap · market cap 6.09%
Theoretical Best
Specialty Retail
$4.93M
$4.32M – $5.75M
NOI $345,261 @ 7.0% cap · market cap 98.65%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
4
Residential units
75%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,172
Businesses Nearby
Explore this area
Business Placement
Demographics for 17110, PA
27,239
Population
12,246
Households
2.2
Avg Household Size
40
Median Age
41%
College-Educated
93%
High-School Grad
14.9 sq mi
ZIP Area
1,828
Density / Sq Mi
$79,499
Median Household Income
$51,428
Median Earnings
$1,400
Median Rent
$206,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - The two-story property includes a finished attic, basement, three covered porches and a balcony.
Where is this quadplex located?
The property is located at 215 WOODBINE STREET Harrisburg, PA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Four one‑bedroom units and four full bathrooms; 2,678 square feet in a two‑story building with a finished attic; Built in 1910; brick construction
