Updated Two-Unit
For Sale
$229,000
3201 DERRY Street, Harrisburg, PA 17111
Multi-Family, HARRISBURG, PA
Property Size1,555 SF
Lot Size0.11 Acres
Price / SF$147.27
Days on Market49
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Property Features for 3201 DERRY Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking features
Off Street
High school
CENTRAL DAUPHIN EAST
Elementary school district
CENTRAL DAUPHIN
Middle school district
CENTRAL DAUPHIN
High school district
CENTRAL DAUPHIN
Standard status
Active
Size
1,555 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Annual Amount
3461
Utilities
Heating system
Forced Air
Cooling system
Central Air, Ceiling Fan(s)
Amenities
covered front porch
private yard
Building Details
Year built
1928
Number of units
2
Building materials
Brick
Architectural style
Other
Listing Agency:
Keller Williams of Central PA · Keller Williams Realty
(717) 761-4300
Listed By:
DAMARIS RODRIGUEZ · License #RS326230
(717) 525-4763
Added: Aug 28
Changed: Sep 17
Last Checked: Oct 15 at 2:06PM
MLS# PADA2063460
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 1,555-square-foot brick duplex, built in 1928, contains two one-bedroom units. The first-floor residence includes a carpeted bedroom, refreshed paint and lighting, updated bathroom flooring, wall-unit A/C, and an electric stove. Basement washer and dryer hookups serve the property.
The second-floor unit offers a new heating system, central A/C, fresh paint, added storage, new kitchen flooring, a washer and dryer, updated lighting, and a gas range. Three off-street parking spaces are located at the rear, along with a private yard and a large covered front porch. Heating is forced air, and the property includes ceiling fans and central air among its cooling features.
The second-floor unit offers a new heating system, central A/C, fresh paint, added storage, new kitchen flooring, a washer and dryer, updated lighting, and a gas range. Three off-street parking spaces are located at the rear, along with a private yard and a large covered front porch. Heating is forced air, and the property includes ceiling fans and central air among its cooling features.
Key Highlights
- Two one‑bedroom residential units within a 1,555‑square‑foot duplex
- 1928 brick construction with forced‑air heating
- Three off‑street parking spaces at the rear
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,880
Cap Rate
6.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$277,600
$277.6K
Cap Rate 7%
$198,286
$198.3K
Cap Rate 9%
$154,222
$154.2K
Market Conditions
NOI Build-Up for 1,555 SF
Gross rent
$21.5K $13.80/SF
− Vacancy
−$1.6K −$1.05/SF
EGI
$19.8K $12.75/SF
− OpEx
−$5.9K −$3.83/SF
NOI
$13.9K $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%
$277,600
Cap Rate 7%
$198,286
Cap Rate 9%
$154,222
Alternative Uses
Best Use
Multifamily LT 5
$198.3K
$173.5K – $231.3K
NOI $13,880 @ 7.0% cap · market cap 6.06%
Second Best
Apartment 5plus
$176.7K
$154.6K – $206.2K
NOI $12,369 @ 7.0% cap · market cap 5.40%
Theoretical Best
Specialty Retail
$2.86M
$2.51M – $3.34M
NOI $200,478 @ 7.0% cap · market cap 87.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
755
Businesses Nearby
Explore this area
Business Placement
Demographics for 17111, PA
36,557
Population
14,880
Households
2.5
Avg Household Size
40
Median Age
33%
College-Educated
90%
High-School Grad
18.4 sq mi
ZIP Area
1,987
Density / Sq Mi
$84,314
Median Household Income
$47,256
Median Earnings
$1,309
Median Rent
$225,500
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?
Duplex - Brick duplex with two one-bedroom units, rear parking, a private yard, and covered front porch.
Where is this duplex located?
The property is located at 3201 DERRY Street Harrisburg, PA.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: Two one‑bedroom residential units within a 1,555‑square‑foot duplex; 1928 brick construction with forced‑air heating; Three off‑street parking spaces at the rear
