8 S 18TH Street, Harrisburg, PA 17104
MULTI_FAMILY - Other - HARRISBURG, PA
- Added:
- Jun 23, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 23 at 8:06 pm
Property Features for 8 S 18TH Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Standard status
- Active
- Size
- 1,920 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1420
Utilities
- Heating system
- Electric (Heating), Baseboard
Building Details
- Year built
- 1906
- Number of units
- 2
- Building materials
- Frame
- Architectural style
- Other
Listing agent Michael Ogunyemi License #RS352542 (443) 410-1671
Listing office Berkshire Hathaway HomeServices Homesale Realty 2660 Gravel Road, Lancaster, PA (717) 657-8700
Listing date Jun 23, 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
- Two‑unit investment property with tenants in place and Section 8 approved
- Fully occupied with current gross annual income of $30,276
- Upgrades include new water heaters, stove and range, refrigerator, and new baseboard heating units
- Additional improvements: some new windows, new paint, and added insulation throughout
- Frame construction with electric heat and baseboard heating
- On‑street parking; built in 1906
Overview
The property is located at 8 S 18TH Street in Harrisburg, PA 17104, within Dauphin County. The site is reported at 0.03 acres and the property size is listed as 1,920 square feet.
For buyers seeking a stabilized, tenant-occupied duplex, this offering presents a turn-key arrangement with Section 8 approval noted by the seller and an in-place tenant profile. The documented improvements to major mechanical and interior elements—along with added insulation and updated heating—may reduce near-term work compared with units that have not been recently refreshed. The current gross annual income is reported as $30,276, supporting the property’s positioning as a ready-to-operate rental asset.
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 | $26.5k | $13.80 |
| − Vacancy | −$2.0k | −$1.05 |
| EGI | $24.5k | $12.75 |
| − OpEx | −$7.3k | −$3.83 |
| NOI | $17.1k | $8.93 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Harrisburg
- County
- Dauphin
- State
- Pennsylvania
- Longitude
- -76.86336
- Latitude
- 40.26711
