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7-Unit Apartment Building

4597 ETHEL STREET, Harrisburg, PA 17109

For Sale
$1,199,000

Full occupancy and a paved off-street lot provide established operations and dedicated tenant parking.

Property SizeContact for details
Days on Market119

Property Features for 4597 ETHEL STREET

General Information

Standard status Active
Property subtype Five Or More Units
Occupancy 100%

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Cap Rate 7.38%
Multifamily Units 7
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $7,600

Building Details

Year Built 1970
Listing Agency: Kingsway Realty - Lancaster
Listed By: Chad Hurst · License PA RS210751L
Source: Theheiligteam
Added: Jul 15 Changed: Nov 7 Last Checked: Nov 10 at 1:09PM

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 Kingsway Realty - Lancaster

Rey
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Investment Insights

Based on property information with market context.

This 7-unit apartment property was built in 1970 and is fully occupied. Two units have undergone full renovations, and the site includes a paved off-street parking lot. The property has a 7.38% cap rate.

The Harrisburg location offers access to downtown, major employers, shopping, dining, public transportation and major highways.

Key Highlights

  • Seven apartment units with 100% occupancy
  • 7.38% cap rate
  • Two units fully renovated

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

7
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

931
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Apartment buildings in Harrisburg, PA

$388 Jul
$466 Aug
$469 Sep
$456 Oct

Properties on Market for Apartment buildings in Harrisburg

Jul
Aug
Sep
Oct

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?
Apartment building - Full occupancy and a paved off-street lot provide established operations and dedicated tenant parking.
Where is this apartment building located?
The property is located at 4597 ETHEL STREET Harrisburg, PA.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Seven apartment units with 100% occupancy; 7.38% cap rate; Two units fully renovated
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