3161 N 6th St · Harrisburg, PA 17110

$104,000

3 bd · 2.5 ba · 1,216 sqft · SingleFamily public records · 80 Days on market

Built 1900 1,742 sqft lot $86/sqft · 46% below area Est $194k · 46% 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 +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +9.5/10.0
• Livability +4.2/5.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• Schools +0.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

* * Short Sale * * Agents, please read the agent remarks! Welcome to 3161 N 6th St! This property presents an exceptional opportunity for savvy investors or homeowners looking to build immediate equity. The main level features a spacious floor plan, including a large living room, formal dining room, kitchen, and a convenient half-bath. Upstairs, you will find three well-appointed bedrooms and a full bathroom. The exterior features a generous backyard perfect for outdoor recreation and gatherings, while the basement offers significant potential for finishing into additional living or entertainment space. The home needs some repairs. Agents, please read the agent remarks! Please reach out with any questions or concerns!

Key facts

• Formal dining room
• Spacious floor plan
• Large living room

Tags

• SPACIOUS FLOOR PLAN
• LARGE LIVING ROOM
• FORMAL DINING ROOM
• GENEROUS BACKYARD

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $104k.

Deal economics

• At list price, monthly cash flow is $430 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $104k).
• Recommended offer: $98k (6.0% below list) — sets the bar for market timing.
• Cap rate 11.3% 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: schools C-, 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.
• Market conditions: Rents rising (+1.6%/yr); 170 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 68% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 540 units permitted in Dauphin County in 2024 (194 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $719 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 1.6% rent growth), your $29k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 80 days — a 6% lower offer ($98k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 4y ago; this cycle's ask has dropped $26k (20%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1900 — 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 $97,760 (6.0% below list)

Questions for the listing agent

1. It's been on market 80 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 1900 — 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: 1.45% ✓
• Cap rate: 11.26%
• Cash-on-cash: 17.73%
• DSCR: 1.79
• GRM: 5.7

CMA / ARV

• ARV (median comp): $193,675
• List price: $104,000
• Delta: -46.30%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3135 Hoffman St	0.05mi	4/1.0 (+1)	1,247 (+2%)	4mo	$169,000	$136	79
3127 N 5th St	0.11mi	3/1.0	1,184 (-3%)	12mo	$177,000	$149	75
640 Alricks St	0.08mi	2/1.0 (-1)	1,182 (-3%)	10mo	$170,000	$144	72
3527 N 3rd St	0.53mi	3/1.5	1,188 (-2%)	4mo	$209,000	$176	64
3415 Florence St	0.26mi	3/1.0	1,270 (+4%)	20mo	$170,000	$134	58
3214 Hoffman St	0.08mi	4/1.0 (+1)	1,346 (+11%)	24mo	$219,995	$163	47
3231 N 4th St	0.18mi	3/1.0	1,388 (+14%)	18mo	$176,900	$127	47
3527 N 4th St	0.49mi	3/1.5	1,351 (+11%)	15mo	$254,000	$188	42
3637 N 6th St	0.67mi	3/1.0	1,148 (-6%)	17mo	$200,000	$174	39

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 · 1.55% rent growth · sell at horizon

5-year hold

• IRR: 7.5%
• Equity multiple: 1.29×
• Total profit: $8,434
• Equity at exit: $15,507

10-year hold

• IRR: 15.5%
• Equity multiple: 2.17×
• Total profit: $34,186
• Equity at exit: $8,992

Cash invested: $29,120 (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 17110

• Rents YoY: 1.6%
• Active inventory: 170
• Price-to-rent: 5.7×

Monthly cashflow live

• Estimated rent: $1,509 high
• Mortgage (P&I): −$545
• Tax from tax record: −$173 /mo · $2,076/yr
• Insurance: −$43
• HOA: −$0
• Vacancy / Maint / Mgmt: −$317
• Net cashflow: $430

Break-even live

Break-even rent $964

Max offer price $104,000

Occupancy floor 66%

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: $26,000
• Closing costs: $3,120
• Reserves months: —
• Total cash needed: —

Rent comps 22 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3003 Pennwood Rd Harrisburg, PA	3.0	1.0	900	$1,395	$1.55	13d	1	0.18mi
3200 Green St Apt 1 Harrisburg, PA	2.0	1.0	800	$1,495	$1.87	43d	1	0.35mi
2615 Waldo St Harrisburg, PA	3.0	1.0	1400	$1,095	$0.78	43d	1	0.60mi
2609 N 5th St Harrisburg, PA	2.0	1.0	809	$1,525	$1.89	23d	1	0.67mi
514 Radnor St Harrisburg, PA	4.0	1.0	1498	$1,600	$1.07	43d	1	0.67mi
2801 N 2nd St Apt A2 Harrisburg, PA	3.0	1.5	1200	$1,495	$1.25	43d	1	0.72mi
2406 Reel St Harrisburg, PA	4.0	1.0	1500	$1,395	$0.93	43d	1	0.89mi
2312 Orange St Harrisburg, PA	2.0	1.0	754	$1,230	$1.63	43d	1	1.03mi
339 Emerald St Harrisburg, PA	3.0	1.5	1420	$1,650	$1.16	13d	1	1.07mi
2235 Logan St Harrisburg, PA	3.0	1.0	1406	$1,495	$1.06	43d	1	1.12mi
2301 N 2nd St Harrisburg, PA	2.0	1.5	1325	$1,595	$1.20	43d	1	1.15mi
2210 N 3rd St Unit 4 Harrisburg, PA	2.0	1.0	1330	$1,395	$1.05	13d	1	1.17mi
2118 N 4th St Harrisburg, PA	4.0	1.0	1383	$1,595	$1.15	43d	1	1.23mi
3952 N 6th St Unit B Harrisburg, PA	2.0	1.0	850	$995	$1.17	43d	1	1.25mi
2042 N 4th St Harrisburg, PA	3.0	1.0	1090	$1,400	$1.28	43d	1	1.31mi
1909 N 4th St Harrisburg, PA	2.0	1.0	1000	$1,240	$1.24	43d	1	1.42mi
269 Peffer St Harrisburg, PA	2.0	1.0	1000	$1,195	$1.20	43d	1	1.43mi
1841 N 4th St Harrisburg, PA	3.0	1.0	1376	$1,399	$1.02	23d	1	1.45mi
644 Kelker St Harrisburg, PA	3.0	1.0	1294	$1,295	$1.00	43d	1	1.46mi
640 Kelker St Harrisburg, PA	3.0	1.0	1294	$1,650	$1.28	43d	1	1.46mi
1500 High Pointe Dr Harrisburg, PA	1.0–2.0	1.0–2.0	800	$1,682	$2.10	13d	10	1.48mi
1841 N 3rd St Harrisburg, PA	3.0	1.0	1376	$1,399	$1.02	13d	1	1.49mi

Listing history 15 events

1. 2026-05-07
   price $104,000 733-char remark

   Show marketing remark (733 chars)

   * * Short Sale * * Agents, please read the agent remarks! Welcome to 3161 N 6th St! This property presents an exceptional opportunity for savvy investors or homeowners looking to build immediate equity. The main level features a spacious floor plan, including a large living room, formal dining room, kitchen, and a convenient half-bath. Upstairs, you will find three well-appointed bedrooms and a full bathroom. The exterior features a generous backyard perfect for outdoor recreation and gatherings, while the basement offers significant potential for finishing into additional living or entertainment space. The home needs some repairs. Agents, please read the agent remarks! Please reach out with any questions or concerns!

2. 2026-05-07
   status Active 733-char remark

   Show marketing remark (733 chars)

   * * Short Sale * * Agents, please read the agent remarks! Welcome to 3161 N 6th St! This property presents an exceptional opportunity for savvy investors or homeowners looking to build immediate equity. The main level features a spacious floor plan, including a large living room, formal dining room, kitchen, and a convenient half-bath. Upstairs, you will find three well-appointed bedrooms and a full bathroom. The exterior features a generous backyard perfect for outdoor recreation and gatherings, while the basement offers significant potential for finishing into additional living or entertainment space. The home needs some repairs. Agents, please read the agent remarks! Please reach out with any questions or concerns!

3. 2026-05-01
   historical Active Under Contract 733-char remark

   Show marketing remark (733 chars)

   * * Short Sale * * Agents, please read the agent remarks! Welcome to 3161 N 6th St! This property presents an exceptional opportunity for savvy investors or homeowners looking to build immediate equity. The main level features a spacious floor plan, including a large living room, formal dining room, kitchen, and a convenient half-bath. Upstairs, you will find three well-appointed bedrooms and a full bathroom. The exterior features a generous backyard perfect for outdoor recreation and gatherings, while the basement offers significant potential for finishing into additional living or entertainment space. The home needs some repairs. Agents, please read the agent remarks! Please reach out with any questions or concerns!

4. 2026-04-28
   price $102,000 733-char remark

   Show marketing remark (733 chars)

   * * Short Sale * * Agents, please read the agent remarks! Welcome to 3161 N 6th St! This property presents an exceptional opportunity for savvy investors or homeowners looking to build immediate equity. The main level features a spacious floor plan, including a large living room, formal dining room, kitchen, and a convenient half-bath. Upstairs, you will find three well-appointed bedrooms and a full bathroom. The exterior features a generous backyard perfect for outdoor recreation and gatherings, while the basement offers significant potential for finishing into additional living or entertainment space. The home needs some repairs. Agents, please read the agent remarks! Please reach out with any questions or concerns!

5. 2026-03-31
   price $105,000 733-char remark

   Show marketing remark (733 chars)

   * * Short Sale * * Agents, please read the agent remarks! Welcome to 3161 N 6th St! This property presents an exceptional opportunity for savvy investors or homeowners looking to build immediate equity. The main level features a spacious floor plan, including a large living room, formal dining room, kitchen, and a convenient half-bath. Upstairs, you will find three well-appointed bedrooms and a full bathroom. The exterior features a generous backyard perfect for outdoor recreation and gatherings, while the basement offers significant potential for finishing into additional living or entertainment space. The home needs some repairs. Agents, please read the agent remarks! Please reach out with any questions or concerns!

6. 2026-03-03
   price $110,000 733-char remark

   Show marketing remark (733 chars)

   * * Short Sale * * Agents, please read the agent remarks! Welcome to 3161 N 6th St! This property presents an exceptional opportunity for savvy investors or homeowners looking to build immediate equity. The main level features a spacious floor plan, including a large living room, formal dining room, kitchen, and a convenient half-bath. Upstairs, you will find three well-appointed bedrooms and a full bathroom. The exterior features a generous backyard perfect for outdoor recreation and gatherings, while the basement offers significant potential for finishing into additional living or entertainment space. The home needs some repairs. Agents, please read the agent remarks! Please reach out with any questions or concerns!

7. 2026-02-23
   listed $130,000 Active 733-char remark

   Show marketing remark (733 chars)

   * * Short Sale * * Agents, please read the agent remarks! Welcome to 3161 N 6th St! This property presents an exceptional opportunity for savvy investors or homeowners looking to build immediate equity. The main level features a spacious floor plan, including a large living room, formal dining room, kitchen, and a convenient half-bath. Upstairs, you will find three well-appointed bedrooms and a full bathroom. The exterior features a generous backyard perfect for outdoor recreation and gatherings, while the basement offers significant potential for finishing into additional living or entertainment space. The home needs some repairs. Agents, please read the agent remarks! Please reach out with any questions or concerns!

8. 2023-04-14
   soldstatus $141,000 Closed 309-char remark

   Show marketing remark (309 chars)

   * * * * Offer Received…. please have all offers in by Saturday 1/28/23 5 pm * * * * * Check out this great mid-town home boasting 3 bedrooms, 2.5 baths, new HVAC, flooring, fresh paint, kitchen cabinets and so much more…. Own this home cheaper than renting, schedule your showing today!

9. 2023-01-29
   status Pending 309-char remark

   Show marketing remark (309 chars)

   * * * * Offer Received…. please have all offers in by Saturday 1/28/23 5 pm * * * * * Check out this great mid-town home boasting 3 bedrooms, 2.5 baths, new HVAC, flooring, fresh paint, kitchen cabinets and so much more…. Own this home cheaper than renting, schedule your showing today!

10. 2023-01-25
    listed $139,900 Active 309-char remark

    Show marketing remark (309 chars)

    * * * * Offer Received…. please have all offers in by Saturday 1/28/23 5 pm * * * * * Check out this great mid-town home boasting 3 bedrooms, 2.5 baths, new HVAC, flooring, fresh paint, kitchen cabinets and so much more…. Own this home cheaper than renting, schedule your showing today!

11. 2023-01-21
    historical $139,900 309-char remark

    Show marketing remark (309 chars)

    * * * * Offer Received…. please have all offers in by Saturday 1/28/23 5 pm * * * * * Check out this great mid-town home boasting 3 bedrooms, 2.5 baths, new HVAC, flooring, fresh paint, kitchen cabinets and so much more…. Own this home cheaper than renting, schedule your showing today!

12. 2022-04-06
    soldstatus $66,500
13. 2022-04-01
    soldstatus $65,500 Closed
14. 2022-01-25
    status Pending
15. 2022-01-20
    listed $65,000 Active

ⓘ 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: $2,076 · $173/mo
• Projected year-2 tax: $2,076 · $173/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

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

Climate risk First Street

• 🌊 Flood 2/10 Low FEMA zone X (unshaded) · 3% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥101°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: $18,106
• − Mortgage interest: −$5,826
• − Property taxes: −$2,076
• − Insurance: −$520
• − Repairs & maintenance: −$1,449
• − Management: −$1,449
• − Depreciation: −$3,025
• Taxable income: $3,763
• Est. tax owed @ 24.0%: −$903
• After-tax cash flow: $4,261/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): 27,364
• Household income: $80,699
• Rent vs Own: 41.6% rent · 58.4% own
• Severe rent burden: 1037.0

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: White 47% Black 32% Hispanic / Latino 9% Asian 7% Two or more races 6%
• Hispanic origin (detail): Puerto Rican 6% Dominican 1%
• Common ancestry: Italian 3% Romanian 2% Slovak 1%
• Foreign-born: 8% · Canada, India, Vietnam
• Languages at home: 88% English-only · Spanish 6% Other Indo-European 2% Vietnamese 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: ▼ -144.07%
• Current HPI: 257.826
• Rent YoY: ▲ 1.55%
• 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

+60.0% since first listed

15 events — show timeline

• 2026-05-07 Price Changed $104,000 BRIGHT MLS
• 2026-05-07 Relisted — BRIGHT MLS
• 2026-05-01 Contingent — BRIGHT MLS
• 2026-04-28 Price Changed $102,000 BRIGHT MLS
• 2026-03-31 Price Changed $105,000 BRIGHT MLS
• 2026-03-03 Price Changed $110,000 BRIGHT MLS
• 2026-02-23 Listed $130,000 BRIGHT MLS
• 2023-04-14 Sold (MLS) $141,000 BRIGHT MLS
• 2023-01-29 Pending — BRIGHT MLS
• 2023-01-25 Listed $139,900 BRIGHT MLS
• 2023-01-21 Coming Soon $139,900 BRIGHT MLS
• 2022-04-06 Sold (Public Records) $66,500 Public Records
• 2022-04-01 Sold (MLS) $65,500 BRIGHT MLS
• 2022-01-25 Pending — BRIGHT MLS
• 2022-01-20 Listed $65,000 BRIGHT MLS

Property tax history

+1.0%/yr

Latest (2026): $2,076 · +1.6% YoY. Source: county tax records.