133 Hoerner St · Harrisburg, PA 17103

$125,000

5 bd · 1.0 ba · 1,752 sqft · Townhouse public records · 2 Days on market

Built 1905 1,306 sqft lot Est $140k · 11% under

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Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• ARV discount +12.4/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Rent growth +4.8/5.0
• Livability +4.2/5.0
• Condition / age +2.5/5.0
• Schools +0.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome home to this well-maintained, brick-row home in Harrisburg on a beautiful tree-lined street. From the covered front porch, step into your spacious and carpeted living room before heading to the kitchen with ample cabinetry, pantry area, and access to the fenced backyard. The main level also features a half bath. Upstairs you will find 2 nicely sized bedrooms equipped with closet space, a utility room perfect for a laundry area, and a full bathroom with a tub shower. On the third level is a bright, large additional space that can be used as a third bedroom or recreation room. The unfinished basement can be utilized for additional storage. Close to downtown, public transportation, and amenities, enjoy convenience in the heart of Harrisburg. Listing Agent is Related to Seller.

Key facts

• Built 1905
• Listed 2 days

Property features AI

Exterior

• Parking: On-street parking
• Utilities: Public water; Public sewer; Electric for cooling, heating fuel, and hot water
• Home design: Interior townhouse/rowhouse; Fee simple ownership; Year built estimated
• Construction: Brick construction; Stone foundation; Above-grade and below-grade structures
• Exterior features: Not in a federal flood zone; No tidal water on the lot

Interior

• Bedrooms: Two bedrooms on the first upper level; One bedroom on the second upper level
• Bathrooms: One full bathroom (upper levels); One half bathroom (main level)
• Heating & cooling: Heat pump with electric backup; Central air conditioning; Electric heating and hot water
• Interior features: Basement finished as other; Multiple access exits (2+)

What this means for you Summary

Snapshot

• This is a 5-bed/1.0-bath townhouse listed at $125k.

Deal economics

• At list price, monthly cash flow is $649 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $125k).
• Cap rate 12.5% vs local median 6.6% in Harrisburg — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 84/100 on livability (#107 in PA, #826 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: employment D, crime F.
• Harrisburg City SD (urban): math 6% / reading 13% proficiency, ranked #535 of 539 in PA (top 99%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 82% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Harrisburg Hs (math 24% / reading 10%, grade F, #399 of 437 statewide, top 92%, 1,230 students, 100% FRL) — zoned schools average 100% FRL vs 82% district-wide (18 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+9.1%/yr); 66 active listings in the ZIP; 16 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 540 units permitted in Dauphin County in 2024 (194 in 5+ unit buildings).
• At $1,887/mo this rent would consume 57% of the median local household income ($40k/yr) (locally 1014% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $864 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $35k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• Only 2 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 4y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $85k; 47% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1905 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $125,000

Questions for the listing agent

1. Built in 1905 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.51% ✓
• Cap rate: 12.52%
• Cash-on-cash: 22.25%
• DSCR: 1.99
• GRM: 5.5

CMA / ARV

• ARV (on-the-fly): $140,160
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
86 N 18th St	0.22mi	5/2.0	1,772 (+1%)	3mo	$140,000	$79	81
1246 Walnut St	0.22mi	4/1.0 (-1)	1,775 (+1%)	3mo	$108,000	$61	80
1824 State St	0.30mi	5/1.5	1,828 (+4%)	0mo	$85,000	$46	76
24 S 15th St	0.30mi	4/1.0 (-1)	1,806 (+3%)	3mo	$144,000	$80	73
1209 Market St	0.34mi	5/1.5	1,902 (+9%)	1mo	$145,000	$76	67
1815 Holly St	0.58mi	4/1.0 (-1)	1,700 (-3%)	2mo	$142,000	$84	61
1212 Derry St	0.45mi	4/1.5 (-1)	1,644 (-6%)	2mo	$175,000	$106	60
1958 Bellevue Rd	0.57mi	5/1.0	1,935 (+10%)	3mo	$175,000	$90	54
1937 Zarker St	0.50mi	4/1.0 (-1)	1,568 (-10%)	2mo	$125,000	$80	53
1719 Cumberland St	0.46mi	4/2.0 (-1)	1,909 (+9%)	3mo	$199,900	$105	52
447 S 14th St	0.73mi	5/1.0	1,968 (+12%)	2mo	$115,000	$58	44
1403 N 15th St	0.58mi	4/2.0 (-1)	1,571 (-10%)	3mo	$140,000	$89	44

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: 20.5%
• Equity multiple: 1.89×
• Total profit: $31,061
• Equity at exit: $18,638

10-year hold

• IRR: 31.8%
• Equity multiple: 4.59×
• Total profit: $125,715
• Equity at exit: $10,808

Cash invested: $35,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 62 Landlord-Friendly
• State Pennsylvania: 62 Landlord-Friendly · EVEN
• County: — inherits STATE
• City: — inherits STATE

10-day notice; Philadelphia has eviction-court diversion + some protections; otherwise moderate.

Methodology + full state rankings →

ZIP-level market 17103

• Rents YoY: 9.1%
• Active inventory: 66
• Price-to-rent: 5.5×

Monthly cashflow live

• Estimated rent: $1,887 high
• Mortgage (P&I): −$656
• Tax from tax record: −$134 /mo · $1,611/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$396
• Net cashflow: $649

Break-even live

Break-even rent $1,066

Max offer price $125,000

Occupancy floor 61%

Sensitivity live

Price	-10% $720	-5% $684	+0% $649	+5% $614	+10% $578
Rent	-10% $500	-5% $574	+0% $649	+5% $723	+10% $798
Rate	-1.0pp $712	-0.5pp $681	base $649	+0.5pp $617	+1.0pp $584

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $31,250
• Closing costs: $3,750
• Reserves months: —
• Total cash needed: —

Rent comps 16 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
111 N 17th St Harrisburg, PA	5.0	1.0	1800	$1,850	$1.03	14d	1	0.16mi
66 N 17th St Harrisburg, PA	5.0	2.0	1845	$2,195	$1.19	44d	1	0.17mi
1708 State St Harrisburg, PA	5.0	1.5	2320	$1,745	$0.75	21d	1	0.18mi
14 S 17th St Harrisburg, PA	5.0	2.0	2136	$1,695	$0.79	14d	1	0.31mi
29 S 15th St Harrisburg, PA	5.0	1.0	1285	$1,895	$1.47	24d	1	0.32mi
1207 Market St Harrisburg, PA	4.0	1.5	1423	$1,995	$1.40	44d	1	0.35mi
1610 Hunter St Harrisburg, PA	4.0	1.0	1776	$1,450	$0.82	24d	1	0.70mi
1414 Berryhill St Harrisburg, PA	5.0	2.0	1786	$1,700	$0.95	24d	1	0.74mi
301 Chestnut St Harrisburg, PA	4.0	1.0–2.5	1437	$3,000	$2.09	14d	10	0.86mi
301 Chestnut St Harrisburg, PA	1.0–4.0	1.0–2.5	1437	$2,600	$1.81	44d	1	0.86mi
2368 Canby St Harrisburg, PA	6.0	2.0	2142	$2,300	$1.07	21d	1	1.03mi
1716 N 6th St Unit NA Harrisburg, PA	4.0	4.0	2400	$2,000	$0.83	24d	1	1.11mi
1716 N 6th St Harrisburg, PA	4.0	3.5	2400	$2,200	$0.92	44d	1	1.11mi
1330 Susquehanna St Harrisburg, PA	4.0	1.5	2280	$1,895	$0.83	24d	1	1.12mi
1202 Penn St Harrisburg, PA	4.0	1.0	1706	$1,495	$0.88	44d	1	1.14mi
1834 Green St Harrisburg, PA	4.0	1.0	1792	$1,495	$0.83	24d	1	1.44mi

Listing history 9 events

1. 2026-05-20
   status Pending
2. 2026-05-19
   listed $125,000 Active
3. 2022-05-25
   soldstatus $85,000
4. 2022-05-20
   soldstatus $85,000 Closed 792-char remark

   Show marketing remark (792 chars)

   Welcome home to this well-maintained, brick-row home in Harrisburg on a beautiful tree-lined street. From the covered front porch, step into your spacious and carpeted living room before heading to the kitchen with ample cabinetry, pantry area, and access to the fenced backyard. The main level also features a half bath. Upstairs you will find 2 nicely sized bedrooms equipped with closet space, a utility room perfect for a laundry area, and a full bathroom with a tub shower. On the third level is a bright, large additional space that can be used as a third bedroom or recreation room. The unfinished basement can be utilized for additional storage. Close to downtown, public transportation, and amenities, enjoy convenience in the heart of Harrisburg. Listing Agent is Related to Seller.

5. 2022-04-14
   status Pending 792-char remark

   Show marketing remark (792 chars)

   Welcome home to this well-maintained, brick-row home in Harrisburg on a beautiful tree-lined street. From the covered front porch, step into your spacious and carpeted living room before heading to the kitchen with ample cabinetry, pantry area, and access to the fenced backyard. The main level also features a half bath. Upstairs you will find 2 nicely sized bedrooms equipped with closet space, a utility room perfect for a laundry area, and a full bathroom with a tub shower. On the third level is a bright, large additional space that can be used as a third bedroom or recreation room. The unfinished basement can be utilized for additional storage. Close to downtown, public transportation, and amenities, enjoy convenience in the heart of Harrisburg. Listing Agent is Related to Seller.

6. 2022-04-12
   status Active 792-char remark

   Show marketing remark (792 chars)

   Welcome home to this well-maintained, brick-row home in Harrisburg on a beautiful tree-lined street. From the covered front porch, step into your spacious and carpeted living room before heading to the kitchen with ample cabinetry, pantry area, and access to the fenced backyard. The main level also features a half bath. Upstairs you will find 2 nicely sized bedrooms equipped with closet space, a utility room perfect for a laundry area, and a full bathroom with a tub shower. On the third level is a bright, large additional space that can be used as a third bedroom or recreation room. The unfinished basement can be utilized for additional storage. Close to downtown, public transportation, and amenities, enjoy convenience in the heart of Harrisburg. Listing Agent is Related to Seller.

7. 2022-03-04
   status Pending 792-char remark

   Show marketing remark (792 chars)

   Welcome home to this well-maintained, brick-row home in Harrisburg on a beautiful tree-lined street. From the covered front porch, step into your spacious and carpeted living room before heading to the kitchen with ample cabinetry, pantry area, and access to the fenced backyard. The main level also features a half bath. Upstairs you will find 2 nicely sized bedrooms equipped with closet space, a utility room perfect for a laundry area, and a full bathroom with a tub shower. On the third level is a bright, large additional space that can be used as a third bedroom or recreation room. The unfinished basement can be utilized for additional storage. Close to downtown, public transportation, and amenities, enjoy convenience in the heart of Harrisburg. Listing Agent is Related to Seller.

8. 2022-02-26
   listed $79,900 Active 792-char remark

   Show marketing remark (792 chars)

   Welcome home to this well-maintained, brick-row home in Harrisburg on a beautiful tree-lined street. From the covered front porch, step into your spacious and carpeted living room before heading to the kitchen with ample cabinetry, pantry area, and access to the fenced backyard. The main level also features a half bath. Upstairs you will find 2 nicely sized bedrooms equipped with closet space, a utility room perfect for a laundry area, and a full bathroom with a tub shower. On the third level is a bright, large additional space that can be used as a third bedroom or recreation room. The unfinished basement can be utilized for additional storage. Close to downtown, public transportation, and amenities, enjoy convenience in the heart of Harrisburg. Listing Agent is Related to Seller.

9. 1989-06-13
   soldstatus $30,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast PA · Partial reset (capped growth)

• Current annual tax: $1,611 · $134/mo
• Projected year-2 tax: $1,793 · $149/mo
• Expected delta: +$182/yr (+$15/mo · 11.3%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥100°F today · 15 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 5% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,644
• − Mortgage interest: −$7,002
• − Property taxes: −$1,611
• − Insurance: −$625
• − Repairs & maintenance: −$1,812
• − Management: −$1,812
• − Depreciation: −$3,636
• Taxable income: $6,147
• Est. tax owed @ 24.0%: −$1,475
• After-tax cash flow: $6,312/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Harrisburg City SD
• NCES district ID: 4211580
• Math proficiency: 6% ▼ -6.00%
• Reading proficiency: 13% ▼ -10.00%
• Median HH income: $33,432
• Composite: 7.6/100
• National rank: #9945
• State rank: #535 of 539 in PA

Livability — Harrisburg

• Score: 84/100
• State rank: #107
• US rank: #826

Category grades

Amenities A+ Commute A+ Cost of living A+ Crime F Employment D Housing A+ Health & safety A+ User ratings B-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Harrisburg, PA
• County: Dauphin County · 247,857 people
• City population: 184,296
• Metro: Harrisburg-Carlisle, PA
• Population (ZIP): 13,115
• Household income: $39,825
• Rent vs Own: 58.8% rent · 41.2% own
• Severe rent burden: 1014.0

Population outlook (Dauphin County) Hauer SSP2

• Today (2025): 281,628 people
• By 2030: 283,549 · +0.7%
• By 2040: 285,385 · +1.3%
• By 2050: 286,188 · +1.6%
• By 2075: 291,053 · +3.3%
• By 2100: 282,374 · +0.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.66)
• Race & ethnicity: Black 47% Hispanic / Latino 31% White 18% Two or more races 10%
• Hispanic origin (detail): Mexican 4% Puerto Rican 18% Dominican 5%
• Common ancestry: Hispanic 1% Romanian 1% Italian 1%
• Foreign-born: 9% · Canada
• Languages at home: 83% English-only · Spanish 11% French/Haitian/Cajun 2% Tagalog/Filipino 1%

Political lean MEDSL · Dauphin

• 2024 margin: Lean D (+5.9) · D 52.4% · R 46.5% · Other 1.1%
• 2008→2024 swing: -3.1pp toward R · 2008: 9.1pp · 2024: 5.9pp
• All cycles: 2024: D+5.9 2020: D+8.5 2016: D+2.8 2012: D+6.0 2008: D+9.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -119.52%
• Current HPI: 211.455
• Rent YoY: ▲ 9.09%
• Metro: Harrisburg-Carlisle, PA
• State GDP YoY: ▲ 1.68%
• F500 in state: 34

Industry mix (Fortune 500 HQ in PA)

Industry	F500 HQs	Revenue
▸Healthcare	2	$309B
▸Insurance	2	$27B
▸Telecommunications / Media	1	$124B
▸Industrial Distribution	1	$22B
▸Financial Services	1	$20B
▸Chemicals / Materials	1	$18B

Price history

+316.7% since first listed

9 events — show timeline

• 2026-05-20 Pending — BRIGHT MLS
• 2026-05-19 Listed $125,000 BRIGHT MLS
• 2022-05-25 Sold (Public Records) $85,000 Public Records
• 2022-05-20 Sold (MLS) $85,000 BRIGHT MLS
• 2022-04-14 Pending — BRIGHT MLS
• 2022-04-12 Relisted — BRIGHT MLS
• 2022-03-04 Pending — BRIGHT MLS
• 2022-02-26 Listed $79,900 BRIGHT MLS
• 1989-06-13 Sold (Public Records) $30,000 Public Records

Property tax history

+1.0%/yr

Latest (2026): $1,611 · +1.7% YoY. Source: county tax records.