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Triplex with Detached Garage
For Sale
$195,000

323 CRESCENT Street, Harrisburg, PA 17104

Multi-Family, HARRISBURG, PA

Property Size1,872 SF
Lot Size0.06 Acres
Price / SF$104.17
Days on Market168

Property Features for 323 CRESCENT Street

General Information

Property type Residential Multi Family
Property subtype Other
Parking 1
Parking features On Street, Garage - Detached, 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 1,872 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Annual Amount 1405

Utilities

Heating system Forced Air
Cooling system Window Unit(s)

Building Details

Year built 1900
Number of units 2
Building materials Frame
Architectural style Other
Listing Agency: Iron Valley Real Estate of Central PA
Listed By: Monique Johnson · License #RS364015
Added: May 6 Changed: Oct 19 Last Checked: Oct 20 at 3:06PM
MLS# PADA2058432

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.

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Investment Insights

Based on property information with market context.

This 1,872-square-foot triplex was built in 1900 on a 0.06-acre lot and is being sold as-is. Renovation work has begun, leaving the interior to be completed according to the purchaser’s specifications. Unit 1 includes 1 bedroom and 2 bathrooms, while Unit 2 is configured for 3-4 bedrooms with plumbing for 2 bathrooms. Details for the third unit are not specified.

The property includes a detached 1-car garage along with off-street and on-street parking. Frame construction, forced-air heating, and window-unit cooling are in place. Located in Harrisburg’s Allison Hill area, the property offers a three-unit layout with renovation work already underway.

Key Highlights

  • Three‑unit property with 1,872 square feet of building area
  • Unit 1 includes 1 bedroom and 2 bathrooms
  • Unit 2 offers 3‑4 bedrooms with plumbing for 2 bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,709
Cap Rate
8.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$334,180 $334.2K
Cap Rate 7%
$238,700 $238.7K
Cap Rate 9%
$185,656 $185.7K
Market Conditions
NOI Build-Up for 1,872 SF
Gross rent
$25.8K $13.80/SF
− Vacancy
−$2.0K −$1.05/SF
EGI
$23.9K $12.75/SF
− OpEx
−$7.2K −$3.83/SF
NOI
$16.7K $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%
$334,180
Cap Rate 7%
$238,700
Cap Rate 9%
$185,656

Alternative Uses

Best Use
Multifamily LT 5
$238.7K
$208.9K – $278.5K (±1% cap)
NOI $16,709 @ 7.0% cap · market cap 8.57%
Second Best
Apartment 5plus
$212.7K
$186.1K – $248.2K (±1% cap)
NOI $14,890 @ 7.0% cap · market cap 7.64%
Theoretical Best
Specialty Retail
$3.45M
$3.02M – $4.02M (±1% cap)
NOI $241,348 @ 7.0% cap · market cap 123.77%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

2,027
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Frame construction with forced-air heat, window-unit cooling, and off-street parking.
Where is this triplex located?
The property is located at 323 CRESCENT Street Harrisburg, PA.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Three‑unit property with 1,872 square feet of building area; Unit 1 includes 1 bedroom and 2 bathrooms; Unit 2 offers 3‑4 bedrooms with plumbing for 2 bathrooms
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