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Harrisburg Apartment Building with River Views

315 N FRONT Street, Harrisburg, PA 17101

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For Sale

$995,000

MULTI_FAMILY - Other - HARRISBURG, PA

Property size:

8,560 SF

Lot size:

0.12 Acres

Price / SF:

$116/SF

HighLights

Exceptional river views and prime Harrisburg location, walkable to downtown.
Over $200,000 in approved tax credits available.
Eight‑unit apartment building with a mix of unit sizes.
Seven off‑street parking spaces plus a 2‑car garage.
Recent roof replacements and ongoing interior renovations offer value‑add potential.
Not in the flood plain.

We can help!

Listing Contact

Wendell Hoover

Learn more

For Sale

$995,000

MULTI_FAMILY - Other - HARRISBURG, PA

Property size:

8,560 SF

Lot size:

0.12 Acres

Price / SF:

$116/SF

Added:: Sep 16, 2025
Days on Market:: 270
Last Refresh:: Jun 12 at 10:06 am

Property Features for 315 N FRONT Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Rooms: Basement
Parking: 9
Parking features: Garage - Detached, Off Street
Standard status: Active
Size: 8,560 SF
Lot size: 0.12 Acres

Taxes and HOA fees

Tax Annual Amount: 24607

Utilities

Heating system: Forced Air
Cooling system: Central Air

Building Details

Year built: 1850
Number of units: 4
Building materials: Brick
Architectural style: Other

We can help!

Listing Contact

Wendell Hoover

Listing agent Wendell Hoover License #AB069340

Listing office Iron Valley Real Estate of Central PA 4785 Linglestown Road unit: 101, Harrisburg, PA

Listing date Sep 16, 2025

MLS# PADA2049430 Listing URL

HighLights

Exceptional river views and prime Harrisburg location, walkable to downtown.
Over $200,000 in approved tax credits available.
Eight‑unit apartment building with a mix of unit sizes.
Seven off‑street parking spaces plus a 2‑car garage.
Recent roof replacements and ongoing interior renovations offer value‑add potential.
Not in the flood plain.

Overview

This 8-unit apartment building at 315 N. Front St, Harrisburg, PA, features a unit mix of one three-bedroom unit, two two-bedroom units, and five one-bedroom units. The property includes parking and storage, with seven off-street parking spaces and a two-car garage. Situated directly across from City Island, the location offers exceptional river views and is walkable to downtown, restaurants, and commuter routes. Recent improvements include replaced roofs, and interior renovations are underway, presenting value-add potential. The property is not in a flood plain. Over $200,000 in approved tax credits are available to the next owner. The property benefits from consistent rental demand in a prime Harrisburg location. The building size is 8560 square feet and the lot size is 0.12 acres.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$134.6k	$15.72
− Vacancy	−$10.8k	−$1.26
EGI	$123.8k	$14.46
− OpEx	−$55.7k	−$6.51
NOI	$68.1k	$7.95

8,560 SF · lease $15.72/SF/yr · vacancy 8.00% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$972.7K

$851.1K – $1.13M (±1% cap)

NOI $68,089 @ 7.0% cap · market cap 6.84%

Second Best

—

no second resolved use

Theoretical Best

Specialty Retail

$15.77M

$13.79M – $18.39M (±1% cap)

NOI $1,103,598 @ 7.0% cap · market cap 110.91%

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

Location Intelligence

Current Use by Public Records

Kevin D. Gillespie, ... Law Firm Grossman Bruce J Law Firm Vanguard (Bike/Boat/Book/etc) Store Young Professionals of Color--Greater ... Community Center Hurston Manor Corporate Office

Suggested Use

Location Insight

Map
Local Demand

City: Harrisburg
County: Dauphin
State: Pennsylvania
Longitude: -76.88687
Latitude: 40.26163

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For sale
Apartment buildings
PA
Harrisburg
17101
315 N FRONT Street

What type of property is this?

Apartment building - 8-unit apartment building with river views and value-add potential.

Where is this apartment building located?

The property is located at 315 N FRONT Street Harrisburg, PA.

What is the asking price?

The asking price for this property is $995,000.

What are key features of this property?

This property features: Exceptional river views and prime Harrisburg location, walkable to downtown.; Over $200,000 in approved tax credits available.; Eight‑unit apartment building with a mix of unit sizes.

315 N FRONT Street, Harrisburg, PA 17101

MULTI_FAMILY - Other - HARRISBURG, PA

Property Features for 315 N FRONT Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Versatile Commercial Property on Paxton

Six-Unit Apartment Building with Garages

Mixed-Use Income Property with Triplex

Remodeled Quadplex with Leased Garage

Fully Renovated Freestanding Commercial Building

Three-Story Mixed-Use Building

Two-Unit Residential Income Property

Well-Maintained Harrisburg Duplex For Sale

Harrisburg Two-Unit Investment Opportunity

Historic Three-Story Office Building

Harrisburg Duplex: Investment Opportunity

Modern Flex/Industrial Building For Sale

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