115 Locust St, Harrisburg, PA 17101

Local realty services provided by:ERA Central Realty Group
115 Locust St,Harrisburg, PA 17101
$484,900
  • 3 Beds
  • - Baths
  • 2,916 sq. ft.
  • Multi-family
  • Active
Listed by: adam kautz
Office: iron valley real estate of york county
MLS#:PADA2046402
Source:BRIGHTMLS

Price summary

  • Price:$484,900
  • Price per sq. ft.:$166.29

About this home

FULLY RENTED! Turnkey Downtown Harrisburg Multi-family Investment Cap Rate: 10.46%+ Welcome to an exceptional income-producing opportunity in the heart of Downtown Harrisburg’s thriving Riverfront district — just steps from the Susquehanna River, restaurants, state offices, and entertainment. This unique property includes two fully detached single-family homes on one deed — offering dual rental streams in one of the city’s most walkable and high-demand areas. 🔑 Property Highlights: • Front Home: 5 bed / 2.5 bath | Current Rent: 2,650 + 185.37 utility charge |Est. Rent: $2,900/month or more • Rear Home: 3 bed / 2 bath |Current Rent: 2,000 + variable charges for utilities| Est. Rent: $2,100/month or more • Total Monthly Rental Income:Current: 4,650 base + utility charges | Est: $5,000+ • Estimated Monthly PITI Payment: $3,459 • Estimated Monthly Cash Flow: $1,541+ 📊 Investment Snapshot: • Annual Gross Income: $60,000 • Estimated Annual Expenses (taxes, insurance, maintenance):

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1890
  • Listing ID #:PADA2046402
  • Added:202 day(s) ago
  • Updated:December 31, 2025 at 02:31 PM

Rooms and interior

  • Bedrooms:3
  • Living area:2,916 sq. ft.

Heating and cooling

  • Cooling:Ductless/Mini-Split, Wall Unit
  • Heating:Baseboard - Electric, Electric, Natural Gas, Radiator

Structure and exterior

  • Roof:Asphalt, Rubber
  • Year built:1890
  • Building area:2,916 sq. ft.
  • Lot area:0.03 Acres

Schools

  • High school:HARRISBURG HIGH SCHOOL

Utilities

  • Water:Public
  • Sewer:Public Septic

Finances and disclosures

  • Price:$484,900
  • Price per sq. ft.:$166.29
  • Tax amount:$3,884 (2024)

New listings near 115 Locust St