For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Two-Unit Residential Income Duplex Title is generated by Realmo AI

    265 Peffer Street, Harrisburg, PA 17102

    View on Map
    Claim this Listing
    For Sale
    $219,900

    Two rental-ready units offer an owner-occupant option with separate electric meters and updated interiors.

    Type:Multi-Family / Fee Simple
    Property size:
    1,684 SF
    Price / SF:
    $130/SF
    Added:
    May 23, 2026
    Days on Market:
    21
    Last Refresh:
    Jun 6 at 5:33 am

    Property Features for 265 Peffer Street

    General Information

    Standard status
    Active
    Size
    1,684 SF
    Property subtype
    Multi-Family / Fee Simple

    Building Details

    Year Built
    1907

    We can help!

    Listing Contact
    TIM GUTSHALL
    TIM GUTSHALL

    Listing agent TIM GUTSHALL License #RS324710

    Listing office Howard Hanna Company-Harrisburg

    Listing date May 23, 2026

    Source Compass

    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 Howard Hanna Company-Harrisburg

    HighLights

    • 2‑unit property at 265 Peffer Street in Harrisburg’s Olde Uptown neighborhood
    • Unit mix: 1st floor 1 bed, 1 bath; 2nd floor 2 bed, 1 bath
    • Separate electric meters for the units
    • Updated interiors including new floors and a beautiful exposed brick wall
    • Property is vacant and move‑in ready

    Overview

    This two-unit duplex at 265 Peffer Street is configured with a 1-bedroom, 1-bath unit on the first floor and a 2-bedroom, 1-bath unit on the second floor. The property is currently vacant and presented as move-in ready, with new floors and a beautiful exposed brick wall. Separate electric meters support independent utility setups for each unit.

    Located in the historic Olde Uptown neighborhood of Harrisburg, the property is positioned near local dining and shopping, including Alvaros Bakery and several other nearby restaurants and retail options.

    With one smaller unit and one larger unit, this setup can suit investors placing tenants with different space needs or an owner-occupant looking to live in one unit while the other unit can provide rental income. The separate metering and turnkey condition reduce near-term hurdles for a hands-on operator or first-time buyer ready to get started.

    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 $23.2k $13.80
    − Vacancy −$1.8k −$1.05
    EGI $21.5k $12.75
    − OpEx −$6.4k −$3.83
    NOI $15.0k $8.93
    1,684 SF · lease $13.80/SF/yr · vacancy 7.60% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $214.7K
    $187.9K – $250.5K (±1% cap)
    NOI $15,031 @ 7.0% cap · market cap 6.84%
    Second Best
    Apartment 5plus
    $191.4K
    $167.4K – $223.3K (±1% cap)
    NOI $13,395 @ 7.0% cap · market cap 6.09%
    Theoretical Best
    Specialty Retail
    $3.10M
    $2.71M – $3.62M (±1% cap)
    NOI $217,110 @ 7.0% cap · market cap 98.73%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Skin Care Clinic Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Harrisburg
    County
    Dauphin
    State
    Pennsylvania
    Longitude
    -76.8953951
    Latitude
    40.2771774

    FAQs

    What type of property is this?
    Duplex - Two rental-ready units offer an owner-occupant option with separate electric meters and updated interiors.
    Where is this duplex located?
    The property is located at 265 Peffer Street Harrisburg, PA.
    What is the asking price?
    The asking price for this property is $219,900.
    What are key features of this property?
    This property features: 2‑unit property at 265 Peffer Street in Harrisburg’s Olde Uptown neighborhood; Unit mix: 1st floor 1 bed, 1 bath; 2nd floor 2 bed, 1 bath; Separate electric meters for the units
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message