712-1/2 N 19th St · Harrisburg, PA 17103

$139,900

4 bd · 1.0 ba · 1,729 sqft · Townhouse public records · 73 Days on market

Built 1899 871 sqft lot Est $156k · 10% 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 +25.7/30.0
• ARV discount +12.0/15.0
• DSCR +8.6/10.0
• 1% rule +6.8/10.0
• 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

Bank owned! Spaciously laid out home in nicer area north of State St. Large rooms, fenced yard. Home does need work but is a lot of house for the asking price. Sold as is. Combo lock box. Call for code and appointment. All offers require special instructions & addendums. Download details on CPML?s property disclosure web site.

Key facts

• Built 1899
• Listed 73 days

Property features AI

Exterior

• Parking: On-street parking
• Utilities: Public water; Public sewer; Natural gas hot water; Natural gas heating
• Home design: End of row townhouse; Fee simple ownership; Estimated year built
• Construction: Frame construction; Stone and other foundation; Above-grade other structures
• Exterior features: Downtown location; Not in a federal flood zone

Interior

• Kitchen: Refrigerator; Electric oven/range
• Bedrooms: Three bedrooms on the first upper level; One bedroom on the second upper level
• Bathrooms: One full bathroom
• Heating & cooling: Forced air heating; Electric cooling
• Interior features: Living room; Dining room; Sun/Florida room; 9 total rooms; Basement (other type)

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath townhouse listed at $140k.

Deal economics

• At list price, monthly cash flow is $336 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $140k).
• Recommended offer: $132k (6.0% below list) — sets the bar for market timing.
• Cap rate 9.2% 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; 31 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 45% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 540 units permitted in Dauphin County in 2024 (194 in 5+ unit buildings).
• At $1,645/mo this rent would consume 50% 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 $967 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 $39k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 73 days — a 6% lower offer ($132k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 22y ago; this cycle's ask has dropped $20k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1899 — 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 $131,506 (6.0% below list)

Questions for the listing agent

1. It's been on market 73 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1899 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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.
7. 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.
8. 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: 1.18% ✓
• Cap rate: 9.18%
• Cash-on-cash: 10.30%
• DSCR: 1.46
• GRM: 7.1

CMA / ARV

• ARV (on-the-fly): $155,610
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1824 State St	0.12mi	5/1.5 (+1)	1,828 (+6%)	0mo	$85,000	$46	78
1103 N 16th St	0.31mi	3/2.0 (-1)	1,662 (-4%)	2mo	$172,500	$104	69
1828 State St	0.12mi	3/1.0 (-1)	1,496 (-14%)	2mo	$125,000	$84	66
1246 Walnut St	0.61mi	4/1.0	1,775 (+3%)	3mo	$108,000	$61	65
1719 Cumberland St	0.25mi	4/2.0	1,909 (+10%)	3mo	$199,900	$105	64
1815 Holly St	0.75mi	4/1.0	1,700 (-2%)	2mo	$142,000	$84	61
1120 N 15th St	0.39mi	3/1.0 (-1)	1,578 (-9%)	2mo	$165,000	$105	60
1937 Zarker St	0.51mi	4/1.0	1,568 (-9%)	2mo	$125,000	$80	59
1610 Boas St	0.26mi	3/2.5 (-1)	1,919 (+11%)	2mo	$222,100	$116	56
137 Hoerner St	0.39mi	3/1.5 (-1)	1,532 (-11%)	2mo	$148,000	$97	54
1958 Bellevue Rd	0.59mi	5/1.0 (+1)	1,935 (+12%)	3mo	$175,000	$90	46
1209 Market St	0.73mi	5/1.5 (+1)	1,902 (+10%)	1mo	$145,000	$76	41

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: 4.7%
• Equity multiple: 1.19×
• Total profit: $7,468
• Equity at exit: $20,860

10-year hold

• IRR: 18.3%
• Equity multiple: 2.88×
• Total profit: $73,742
• Equity at exit: $12,096

Cash invested: $39,172 (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: 7.1×

Monthly cashflow live

• Estimated rent: $1,645 high
• Mortgage (P&I): −$734
• Tax from tax record: −$171 /mo · $2,054/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$345
• Net cashflow: $336

Break-even live

Break-even rent $1,219

Max offer price $139,900

Occupancy floor 75%

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: $34,975
• Closing costs: $4,197
• Reserves months: —
• Total cash needed: —

Rent comps 31 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	13d	1	0.25mi
52 N 18th St Harrisburg, PA	3.0	1.0	1100	$1,250	$1.14	13d	1	0.34mi
66 N 17th St Harrisburg, PA	5.0	2.0	1845	$2,195	$1.19	43d	1	0.34mi
1517 Walnut St Harrisburg, PA	3.0	1.0	1172	$1,150	$0.98	43d	1	0.43mi
14 S 17th St Harrisburg, PA	5.0	2.0	2136	$1,695	$0.79	13d	1	0.50mi
29 S 15th St Harrisburg, PA	5.0	1.0	1285	$1,895	$1.47	23d	1	0.58mi
52 Balm St Harrisburg, PA	3.0	1.0	1950	$1,495	$0.77	21d	1	0.65mi
1251 Bailey St Harrisburg, PA	3.0	1.0	1200	$1,500	$1.25	43d	1	0.67mi
21 Summit St Harrisburg, PA	3.0	1.0	1200	$1,550	$1.29	13d	1	0.70mi
1207 Market St Harrisburg, PA	4.0	1.5	1423	$1,995	$1.40	43d	1	0.72mi
2016 Swatara St Harrisburg, PA	3.0	1.0	1380	$1,175	$0.85	43d	1	0.83mi
337 S 15th St Harrisburg, PA	3.0	1.0	1440	$1,195	$0.83	21d	1	0.86mi
1610 Hunter St Harrisburg, PA	4.0	1.0	1776	$1,450	$0.82	23d	1	0.90mi
349 S 14th St Harrisburg, PA	3.0	1.0	1544	$1,450	$0.94	23d	1	0.90mi
1139 Mulberry St Harrisburg, PA	1.0–3.0	1.0	900	$1,185	$1.32	43d	1	0.93mi
2121 Kensington St Harrisburg, PA	3.0	1.0	1088	$1,450	$1.33	43d	1	0.93mi
331 Hummel St Unit B Harrisburg, PA	3.0	1.0	1590	$1,800	$1.13	43d	1	0.95mi
1414 Berryhill St Harrisburg, PA	5.0	2.0	1786	$1,700	$0.95	23d	1	0.99mi
1615 Naudain St Harrisburg, PA	3.0	1.0	1148	$1,400	$1.22	43d	1	1.01mi
1429 Naudain St Harrisburg, PA	3.0	1.0	1254	$1,400	$1.12	23d	1	1.05mi
301 Chestnut St Harrisburg, PA	1.0–4.0	1.0–2.5	1437	$2,600	$1.81	43d	1	1.24mi
301 Chestnut St Harrisburg, PA	4.0	1.0–2.5	1437	$3,000	$2.09	13d	10	1.24mi
644 Kelker St Harrisburg, PA	3.0	1.0	1294	$1,295	$1.00	43d	1	1.26mi
640 Kelker St Harrisburg, PA	3.0	1.0	1294	$1,650	$1.28	43d	1	1.26mi
649 S 23rd St Unit 1 Harrisburg, PA	3.0	1.0	1450	$1,465	$1.01	43d	1	1.26mi
649 S 23rd St Harrisburg, PA	3.0	1.0	1450	$1,465	$1.01	21d	1	1.26mi
200 S Court St Harrisburg, PA	1.0–3.0	1.0–2.5	950	$1,800	$1.89	13d	14	1.30mi
1728 Paxton St Harrisburg, PA	3.0	1.5	1320	$1,295	$0.98	13d	1	1.33mi
919 Penn St Harrisburg, PA	3.0	2.0	1458	$1,795	$1.23	23d	1	1.42mi
1202 Penn St Harrisburg, PA	4.0	1.0	1706	$1,495	$0.88	43d	1	1.46mi
1841 N 4th St Harrisburg, PA	3.0	1.0	1376	$1,399	$1.02	23d	1	1.50mi

Listing history 14 events

1. 2026-05-01
   status Pending
2. 2026-04-27
   price $139,900
3. 2026-03-24
   price $154,900
4. 2026-02-18
   listed $159,900 Active
5. 2026-02-16
   historical $159,900
6. 2024-10-21
   historical
7. 2024-05-08
   listed $155,000 Active
8. 2024-04-10
   historical $1,400
9. 2024-03-13
   listed $1,400
10. 2022-06-13
    soldstatus $149,900
11. 2005-01-12
    soldstatus $68,000
12. 2004-10-29
    soldstatus $25,600
13. 2004-10-27
    soldstatus $25,600 335-char remark

    Show marketing remark (335 chars)

    Bank owned! Spaciously laid out home in nicer area north of State St. Large rooms, fenced yard. Home does need work but is a lot of house for the asking price. Sold as is. Combo lock box. Call for code and appointment. All offers require special instructions & addendums. Download details on CPML?s property disclosure web site.

14. 2004-05-25
    listed $24,900 335-char remark

    Show marketing remark (335 chars)

    Bank owned! Spaciously laid out home in nicer area north of State St. Large rooms, fenced yard. Home does need work but is a lot of house for the asking price. Sold as is. Combo lock box. Call for code and appointment. All offers require special instructions & addendums. Download details on CPML?s property disclosure web site.

ⓘ 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: $2,054 · $171/mo
• Projected year-2 tax: $2,132 · $178/mo
• Expected delta: +$78/yr (+$7/mo · 3.8%)

ⓘ 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 6% 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: $19,738
• − Mortgage interest: −$7,837
• − Property taxes: −$2,054
• − Insurance: −$700
• − Repairs & maintenance: −$1,579
• − Management: −$1,579
• − Depreciation: −$4,070
• Taxable income: $1,920
• Est. tax owed @ 24.0%: −$461
• After-tax cash flow: $3,575/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

+461.8% since first listed

14 events — show timeline

• 2026-05-01 Pending — BRIGHT MLS
• 2026-04-27 Price Changed $139,900 BRIGHT MLS
• 2026-03-24 Price Changed $154,900 BRIGHT MLS
• 2026-02-18 Listed $159,900 BRIGHT MLS
• 2026-02-16 Coming Soon $159,900 BRIGHT MLS
• 2024-10-21 Listing Removed — BRIGHT MLS
• 2024-05-08 Listed $155,000 BRIGHT MLS
• 2024-04-10 Rental Removed $1,400 APPFOLIO
• 2024-03-13 Listed for Rent $1,400 APPFOLIO
• 2022-06-13 Sold (Public Records) $149,900 Public Records
• 2005-01-12 Sold (Public Records) $68,000 Public Records
• 2004-10-29 Sold (Public Records) $25,600 Public Records
• 2004-10-27 Sold (MLS) $25,600 BRIGHT MLS
• 2004-05-25 Listed $24,900 BRIGHT MLS

Property tax history

+1.0%/yr

Latest (2026): $2,054 · +1.6% YoY. Source: county tax records.