4597 Ethel Street Harrisburg, PA $ 1,299,000
4597 Ethel Street
$ 1,299,000
Recently Listed
Share Save

4597 Ethel Street

Harrisburg, PA, 17109
$ 1,299,000
Bedrooms-- Baths-- Sq 5,600

Monthly Estimate*

$ 8,202

4597 Ethel Street, Harrisburg, PA 17109 - Image 1
4597 Ethel Street, Harrisburg, PA 17109 - Image 2
4597 Ethel Street, Harrisburg, PA 17109 - Image 3
4597 Ethel Street, Harrisburg, PA 17109 - Image 4
4597 Ethel Street, Harrisburg, PA 17109 - Image 5
4597 Ethel Street, Harrisburg, PA 17109 - Image 6
4597 Ethel Street, Harrisburg, PA 17109 - Image 7
4597 Ethel Street, Harrisburg, PA 17109 - Image 8
4597 Ethel Street, Harrisburg, PA 17109 - Image 9
4597 Ethel Street, Harrisburg, PA 17109 - Image 10
4597 Ethel Street, Harrisburg, PA 17109 - Image 11

Commercial Property for sale in Harrisburg, PA

for $1,299,000. This 5,600 square foot building was built in 1970 on a lot size of 0.41.

Rare opportunity to acquire a stabilized 7-unit multifamily asset in the Harrisburg market, offering immediate cash flow with a7.38% cap rate. The property is100% occupiedwith a strong, established tenant base, providing reliable in-place income from day one. Recent capital improvements includetwo fully renovated units, enhancing the property's overall condition while creating opportunities for continued rent growth as units turn over. The property also features apaved off-street parking lot, a highly desirable amenity that supports tenant retention and marketability. Strategically located with convenient access to downtown Harrisburg, major employers, shopping, dining, public transportation, and major highways, this asset is well-positioned to benefit from continued demand in the local rental market. Whether you're completing a 1031 exchange, expanding an existing multifamily portfolio, or seeking a stable, income-producing investment, this turnkey property offers an attractive combination of immediate cash flow, recent upgrades, and long-term upside.

See more

Commercial Active

Price

$ 1,299,000

Property Type

Commercial

Taxes

$ 7,600

Style

Apartment Building

Lot Size

0.41

Year Built

1970

Town/City

Harrisburg

County/Region

Dauphin

MLS | Web ID

PADA2062048

Features
Interior
Heating Fuel Electric
Hot Water Electric
Heating Y/N Y
Central Air Y/N N
See more
General
Sewer Public Sewer
Heating Radiant
Cooling None
Possession Settlement
Zoning R12 APARTMENTS
Construction Materials Aluminum Siding Block Brick
Year Built 1970
Property Subtype Five Or More Units
Tax Year 2025
Ownership Fee Simple
Cool Fuel None
Municipality LOWER PAXTON TWP
Gross Income 124420.00
Business Type Apartment Building
Accessibility None
County DAUPHIN
Insurance Expense 4482.00
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions US-22 E/Jonestown Rd Left onto Colonial Rd Right onto Ethel St building will be on your right.
City HARRISBURG
Number Of Units Total 0
MLS Area Lower Paxton Twp (14035)
Lot Size Units Square Feet
Lot Size Square Feet 17860.00
Tax Annual Amount 7600.0
Electric Expense 1920.00
Trash Expense 1140.00
Lease Considered Y/N N
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Total Actual Rent 121920.00
Cap Rate 7.38
See more
Exterior
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 0.00
Lot Size Acres 0.41
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 72900.00
Navigable Water Y/N N
Water Oriented Y/N N
See more
Internal Only
Street Number 1 4597
See more
* Excluded Features
List By
Kingsway Realty - Lancaster

Broker

chadhurstrealtor@gmail.com

Email

Affordability Calculator

$8,835
Per Month
93%
7%
0%
Monthly Principal & Interest
$8,202
Monthly Property Taxes
$633
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/15/2026$1,299,000 Listed Price

Map


See all

4597 Ethel Street, Harrisburg, PA, 17109 is a Commercial Property for sale at $1,299,000 with 5,600 sqft and a lot size of 0.41. 4597 Ethel Street was built in 1970. The property's zip code is 17109 which is in Harrisburg, PA