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7-Unit Stone Apartment Building
For Sale
$650,000

5505 River Rd, Harrisburg, PA 17110

Riverfront grounds, off-street parking, and a recently replaced roof complement the multi-unit residential property.

Property SizeContact for details
Lot Size1.46 Acres
Days on Market11

Property Features for 5505 River Rd

General Information

Standard status Active
Total Parking Spaces 2
Lot size 1.46 Acres

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Multifamily Units 6

Taxes and HOA fees

Annual Taxes $9,491

Building Details

Year Built 1938
Construction stone
Listing Agency: Stephen Fleming Realty
Listed By: Stephen M. Fleming · License #RB069329
Source: Exprealty
Added: Oct 7 Changed: Oct 16 Last Checked: Oct 16 at 2:30PM

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 Stephen Fleming Realty

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Investment Insights

Based on property information with market context.

Built in 1938, this stone residential property occupies 1.46 acres along the river. The former home has been converted into a six-unit apartment building, with a two-car garage identified as the seventh unit. The grounds include outdoor space and off-street parking, and the roof has been replaced recently.

The property is north of Fort Hunter, with access to Rte 322 and the City of Harrisburg.

Key Highlights

  • Seven units, including a six‑unit apartment building and a two‑car garage
  • 1.46‑acre riverfront property
  • Stone construction; built in 1938

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Auto Repair Shop Parking Lot & Garage HVAC Service Building Supply Garden Center Big Box & Wholesale 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

6
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

39
Businesses Nearby

Demographics for 17110, PA

27,239
Population
12,246
Households
2.2
Avg Household Size
40
Median Age
41%
College-Educated
93%
High-School Grad
14.9 sq mi
ZIP Area
1,828
Density / Sq Mi
$79,499
Median Household Income
$51,428
Median Earnings
$1,400
Median Rent
$206,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Apartment building - Riverfront grounds, off-street parking, and a recently replaced roof complement the multi-unit residential property.
Where is this apartment building located?
The property is located at 5505 River Rd Harrisburg, PA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Seven units, including a six‑unit apartment building and a two‑car garage; 1.46‑acre riverfront property; Stone construction; built in 1938
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