502 2ND Street, Harrisburg, PA 17113
MULTI_FAMILY - HARRISBURG, PA
- Added:
- May 22, 2026
- Days on Market:
- 47
- Last Refresh:
- Jul 7 at 9:06 pm
Property Features for 502 2ND Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking
- 8
- Parking features
- Off Street, Driveway, On Street
- Interior features
- Attic, Bathroom - Tub Shower, Carpet, Pantry, Upgraded Countertops
- Fireplace
- 1
- Appliances
- Microwave, Oven/Range - Electric, Refrigerator
- Standard status
- Active
- Size
- 4,267 SF
- Lot size
- 0.25 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5390
Utilities
- Heating system
- Baseboard, Hot Water(Heating), Heat Pump (Heating)
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1880
- Number of units
- 4
- Building materials
- Frame, Masonry
Listing agent Christen Tribbitt License #RS353502 (717) 621-8404
Listing office Keller Williams Elite 5139 Main Street, East Petersburg, PA (717) 553-2500
Listing date May 22, 2026
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.
HighLights
- Four fully occupied units included in the sale
- Sale includes both 502 2nd Street and 65 Boyer Street on the same parcel
- Several units remodeled in 2019
- Garage is leased for additional cash flow
- Year built: 1880
- Interior features include attic, pantry, and upgraded countertops
Overview
The properties are located in Harrisburg, Pennsylvania, within Dauphin County. The listing information indicates the addresses are part of one combined parcel, simplifying the ownership structure for a buyer looking to acquire multiple buildings under a single purchase.
For investors and owner-operators seeking a small residential income asset, the fully occupied status may support immediate rental income. With four units in place, along with evidence of remodel activity in 2019 for several units and a leased garage, this property offers multiple income components within a single quadplex portfolio holding.
Local 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 | $58.9k | $13.80 |
| − Vacancy | −$4.5k | −$1.05 |
| EGI | $54.4k | $12.75 |
| − OpEx | −$16.3k | −$3.83 |
| NOI | $38.1k | $8.93 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Harrisburg
- County
- Dauphin
- State
- Pennsylvania
- Longitude
- -76.8257
- Latitude
- 40.23138
