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Two-Building Apartment Income Property
For Sale
Contact for pricing
Pending

3712-3720 Walnut Street, Harrisburg, PA 17109

For sale offering includes two apartment buildings with 15 total units and additional garage and car lot ground lease income.

Property SizeContact for details
Lot Size1.07 Acres
Days on Market149

Property Features for 3712-3720 Walnut Street

General Information

Standard status Pending
Lot size 1.07 Acres
Property subtype Multifamily, Land

Additional Details

Multifamily Units 15
Listing Agency: Horvath & Tremblay
Listed By: Craig Dunkle · License #PA RS324418
Source: Crexi
Added: Apr 11 Changed: Aug 23 Last Checked: Aug 31 at 10:36PM

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 Horvath & Tremblay

Investment Insights

Based on property information with market context.

This offering includes two residential apartment buildings totaling 15 units, consisting of four one-bedroom apartments and eleven studio apartments. The units have been recently upgraded and/or renovated. In addition to the residential buildings, the property includes garage rents and a car lot ground lease, with the ground lease ability to be extended long term and/or utilized by the new owner.

The property is located on the highly visible, highly trafficked retail corridor of Jonestown Rd in Harrisburg, Pennsylvania. The location is also described as having a very high walkability score and proximity to local amenities and business.

Ownership will also benefit from an expected low vacancy factor and a short average releasing turn-around time of 2–3 weeks, with rents currently modeled below market as provided in the remarks.

Key Highlights

  • Two residential apartment buildings at 3712–3720 Walnut Street in Harrisburg, PA with 15 total units
  • Unit mix: 4 one‑bedroom apartments and 11 studio apartments
  • Recent upgrades and/or renovations reported for all units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Bakery Locksmith Computer & Electronic Repair (Bike/Boat/Book/etc) Store Real Estate Agency Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

15
Residential units

Location Intelligence

Trade Area within ½ mile

951
Businesses Nearby

Demographics for 17109, PA

25,232
Population
11,808
Households
2.1
Avg Household Size
39
Median Age
29%
College-Educated
92%
High-School Grad
7.0 sq mi
ZIP Area
3,605
Density / Sq Mi
$70,618
Median Household Income
$42,908
Median Earnings
$1,234
Median Rent
$203,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - For sale offering includes two apartment buildings with 15 total units and additional garage and car lot ground lease income.
Where is this apartment building located?
The property is located at 3712-3720 Walnut Street Harrisburg, PA.
What are key features of this property?
This property features: Two residential apartment buildings at 3712–3720 Walnut Street in Harrisburg, PA with 15 total units; Unit mix: 4 one‑bedroom apartments and 11 studio apartments; Recent upgrades and/or renovations reported for all units
(215) 302-4400 Call to check price and availability
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