Three-Unit Residential Income
405 South 14th Street Harrisburg, PA 17104
For Sale
$250,000
Pending
Turnkey 3-unit multi-family home in Harrisburg offers an owner-ready setup for rental income.
Property Size1,980 SF
Days on Market74
Property Features for 405 South 14th Street
General Information
- Standard status
- Pending
- Size
- 1,980 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1900
Listing Agency:
Coldwell Banker Realty
(717) 693-4263
Listed By:
Susana A Castillo
(717) 693-4263
Source:
Compass
Added: May 12
Changed: Jul 23
Last Checked: Jul 23 at 5:43PM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This three-unit residential income property is a turnkey, income-producing multifamily home configured as a 3-unit house. The offering is positioned as a versatile rental asset intended for consistent occupancy, with the layout designed to support day-one investment use.
The property is located in Harrisburg, Pennsylvania, in Dauphin County. It falls within the Harrisburg City School District.
The home is presented for sale as a multi-family investment, with total size reported as 1,980 square feet.
The property is located in Harrisburg, Pennsylvania, in Dauphin County. It falls within the Harrisburg City School District.
The home is presented for sale as a multi-family investment, with total size reported as 1,980 square feet.
Key Highlights
- 3‑unit multi‑family home in the City of Harrisburg (MLS Area: 14001)
- Year built: 1900
- No pool
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 | $27.3k | $13.80 |
| − Vacancy | −$2.1k | −$1.05 |
| EGI | $25.2k | $12.75 |
| − OpEx | −$7.6k | −$3.83 |
| NOI | $17.7k | $8.93 |
1,980 SF · lease $13.80/SF/yr · vacancy 7.60% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$252.5K
$220.9K – $294.6K
NOI $17,673 @ 7.0% cap · market cap 7.07%
Second Best
Apartment 5plus
$225.0K
$196.9K – $262.5K
NOI $15,750 @ 7.0% cap · market cap 6.30%
Theoretical Best
Specialty Retail
$3.65M
$3.19M – $4.25M
NOI $255,272 @ 7.0% cap · market cap 102.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Turnkey 3-unit multi-family home in Harrisburg offers an owner-ready setup for rental income.
Where is this triplex located?
The property is located at 405 South 14th Street Harrisburg, PA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 3‑unit multi‑family home in the City of Harrisburg (MLS Area: 14001); Year built: 1900; No pool
