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3701 Walnut St Harrisburg, PA 17109-2554

OFF-MARKET Investment properties Google Maps
2,840 SF 0.2 ac lot Built 1920
Entity Owned 1-yr Hold ~ Est. High Equity
Estimated value (blended)
$215k
Range $194k – $237k (±10%)
Property ID US73-2511476

Property summary

AI-generated overview

This 2,300 square foot mixed-use building at 3701 Walnut Street in Harrisburg, Pennsylvania, presents a unique investment opportunity. Built in 1920, this two-story Class B property sits on a 0.2-acre lot and offers eight parking spaces. The building is zoned MU-1 Mixed Use, allowing for a blend of commercial and residential uses. The first floor, previously an optometrist's office, is fully equipped with exam rooms, including plumbing and sinks, ready for immediate occupancy. The second floor features a spacious apartment, perfect for owner occupancy or rental income generation, adding significant value to the property. The property boasts excellent visibility and convenient access to major routes, situated along Walnut Street at the entrance to the Jonestown Road business district. The building is in turnkey condition with minimal deferred maintenance. A garage on the property is currently used for storage, not parking. The asking price is $289,900, translating to $126.04 per square foot. This property offers immediate functionality and long-term financial benefits for a savvy investor.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1920
Construction FRAME
Total area 2,840 SF
Lot 0.2 ac (8,712 SF)
APN 62-034-064
UPID US73-2511476

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$215k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$215k

Owner & transaction history

since 2024
Last sale
$215,000
2 recorded transactions
2025
Price N/A
2024
$215,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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