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Occupied Duplex With Upgrades
For Sale
$214,900

8 S 18TH Street, Harrisburg, PA 17104

Multi-Family, HARRISBURG, PA

Property Size1,920 SF
Lot Size0.03 Acres
Price / SF$111.93
Days on Market115

Property Features for 8 S 18TH Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Parking features On Street
High school HARRISBURG
Elementary school district HARRISBURG CITY
Middle school district HARRISBURG CITY
High school district HARRISBURG CITY
Standard status Active
Size 1,920 SF
Lot size 0.03 Acres

Taxes and HOA fees

Tax Annual Amount 1420

Utilities

Heating system Baseboard, Electric (Heating)

Building Details

Year built 1906
Number of units 2
Building materials Frame
Architectural style Other
Listing Agency: Berkshire Hathaway HomeServices Homesale Realty
Listed By: Michael Ogunyemi · License #RS352542
Added: Jun 23 Changed: Sep 16 Last Checked: Oct 15 at 10:06AM
MLS# PADA2061258

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.

Investment Insights

Based on property information with market context.

Built in 1906, this 1,920-square-foot frame duplex contains two residential units and is fully occupied by tenants. The property has Section 8 approval and includes a basement, electric heating, and baseboard heating. On-street parking serves the building.

Recent work includes replacement water heaters, a new stove and range, a new refrigerator, new baseboard heating units, selected window replacements, interior painting, and added insulation. The property occupies 0.03 acres at 8 S 18TH Street in Harrisburg, Pennsylvania, within Dauphin County.

Key Highlights

  • Two‑unit duplex with 1,920 square feet of property size
  • Fully occupied with tenants in place and Section 8 approved
  • Recent water heaters, stove and range, refrigerator, and baseboard heating units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,138
Cap Rate
7.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$342,760 $342.8K
Cap Rate 7%
$244,829 $244.8K
Cap Rate 9%
$190,422 $190.4K
Market Conditions
NOI Build-Up for 1,920 SF
Gross rent
$26.5K $13.80/SF
− Vacancy
−$2.0K −$1.05/SF
EGI
$24.5K $12.75/SF
− OpEx
−$7.3K −$3.83/SF
NOI
$17.1K $8.93/SF
Area
Dauphin County, PA
Vacancy
7.60%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$342,760
Cap Rate 7%
$244,829
Cap Rate 9%
$190,422

Alternative Uses

Best Use
Multifamily LT 5
$244.8K
$214.2K – $285.6K (±1% cap)
NOI $17,138 @ 7.0% cap · market cap 7.97%
Second Best
Apartment 5plus
$218.2K
$190.9K – $254.5K (±1% cap)
NOI $15,272 @ 7.0% cap · market cap 7.11%
Theoretical Best
Specialty Retail
$3.54M
$3.09M – $4.13M (±1% cap)
NOI $247,536 @ 7.0% cap · market cap 115.19%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Bakery HVAC Service Skin Care Clinic Carpet & Flooring Store Acupuncture

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

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

931
Businesses Nearby

Demographics for 17104, PA

20,058
Population
8,700
Households
2.3
Avg Household Size
32
Median Age
17%
College-Educated
80%
High-School Grad
3.4 sq mi
ZIP Area
5,899
Density / Sq Mi
$42,113
Median Household Income
$31,319
Median Earnings
$953
Median Rent
$102,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Two-unit frame property with tenants in place, Section 8 approval, and recent improvements to major components.
Where is this duplex located?
The property is located at 8 S 18TH Street Harrisburg, PA.
What is the asking price?
The asking price for this property is $214,900.
What are key features of this property?
This property features: Two‑unit duplex with 1,920 square feet of property size; Fully occupied with tenants in place and Section 8 approved; Recent water heaters, stove and range, refrigerator, and baseboard heating units
More about this property
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