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$489,900

Listing Price

5beds

2.5baths

2,916sqft

871sqft lot

115 Locust St, Harrisburg, PA 17101

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

--

Price / sqft

1900

Year built

Home Details

FULLY RENTED! Turnkey Downtown Harrisburg Multi-family Investment Cap Rate: 10.46%+nnWelcome to an exceptional income-producing opportunity in the heart of Downtown Harrisburgs thriving Riverfront district just steps from the Susquehanna River, restaurants, state offices, and entertainment.nnThis unique property includes two fully detached single-family homes on one deed offering dual rental streams in one of the citys most walkable and high-demand areas.nn Property Highlights:n Front Home: 5 bed / 2.5 bath | Current Rent: 2,650 + 185.37 utility charge |Est. Rent: $2,900/month or moren Rear Home: 3 bed / 2 bath |Current Rent: 2,000 + variable charges for utilities| Est. Rent: $2,100/month or moren Total Monthly Rental Income:Current: 4,650 base + utility charges | Est: $5,000+n Estimated Monthly PITI Payment: $3,459n Estimated Monthly Cash Flow: $1,541+nn Investment Snapshot:n Annual Gross Income: $60,000n Estimated Annual Expenses (taxes, insurance, maintenance): $7,684n Estimated Net Operating Income (NOI): $52,316n Cap Rate: 10.46% (conservatively) | 11.25%+ with short-term rental conversionnnWith positive cash flow, this is the kind of high-yield, low-risk asset investors chase and rarely find in such a prime location. Just a few blocks from Riverfront Park, City Island, the Capitol Complex, and the areas largest employers, appreciation potential here is as strong as the income stream.nnWhether youre a first-time investor or building your portfolio, this is a rare chance

Interior Details

Square Feet
  • 2916

Bedrooms
  • 5

Bathrooms
  • 2.5

Heating
  • Has Heating:

    No

  • Heating Type:

    N/A

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    Full

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 871

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • No

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 3

Style
  • N/A

Exterior
  • Brick

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$4,536

$13,700

$85,500

--%

$99,200

2019

$4,439

$13,700

$85,500

--%

$99,200

2018

$4,340

$13,700

$85,500

--%

$99,200

2017

$4,340

$13,700

$85,500

--%

$99,200

2016

$4,351

$13,700

$85,500

--%

$99,200

2014

$6,975

$13,700

$85,500

--%

$99,200

2012

$4,127

$13,700

$85,500

--%

$99,200

percent-home-icon

Average Home Price in 17101

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$315,000

3 Beds

5 Baths

2,519 Sqft

1,307 Lot (sqft)

Sold 10/05/2026

$215,951

3 Beds

2.5 Baths

2,611 Sqft

1,307 Lot (sqft)

Sold 10/06/2026

$148,875

5 Beds

2 Baths

2,958 Sqft

2,178 Lot (sqft)

Sold 10/06/2026

$225,000

3 Beds

3 Baths

2,611 Sqft

1,307 Lot (sqft)

Sold 10/06/2026

$489,900

5 Beds

2.5 Baths

2,916 Sqft

871 Lot (sqft)

Sold 09/29/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
489,900
$
Down payment
97,980
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
2,939.4
$
HOA (Monthly)
0
$
PMI
0
$
$3,171
Your Payment
Total Monthly Payment:$3,171
Percent of Income:54%
Affordable:No

Details for 115 LOCUST ST

Property Debt

Foreclosure Contact Details