241 Maclay St · Harrisburg, PA 17102

$178,000

5 bd · 1.0 ba · 2,385 sqft · Townhouse public records · 46 Days on market

Built 1920 1,307 sqft lot $75/sqft · 43% above area Est $125k · 43% over

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Why this score? — see what drove the D 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 +18.8/30.0
• DSCR +5.9/10.0
• 1% rule +5.3/10.0
• Livability +4.2/5.0
• Rent growth +3.6/5.0
• Condition / age +2.5/5.0
• Schools +0.8/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks

Welcome to this spacious 7-bedroom, 3-bathroom home located in the heart of downtown Harrisburg. Ideally situated near local favorites such as Alvarro’s Bread & Pastry Shop and Little Amps Coffee, and just a few blocks from the river, this property offers both convenience and charm. Inside, you will find a generous living space featuring a large family room and dining area, perfect for gatherings and everyday living. Each level includes at least one bedroom, providing flexibility and comfort for a variety of living arrangements. The fully finished basement offers a separate living space with its own exterior entrance, presenting excellent potential for extended living or short-t

Key facts

• Large family room
• Built 1920
• Listed 46 days

Tags

• HEART OF DOWNTOWN HARRISBURG
• FEW BLOCKS FROM THE RIVER
• LARGE FAMILY ROOM
• FULLY FINISHED BASEMENT
• SEPARATE LIVING SPACE
• OWN EXTERIOR ENTRANCE

Property features AI

Finance

• Other: Not in a federal flood zone; Ground rent paid annually; Pets not allowed; Assessor listed finished area above grade

Exterior

• Parking: On-street parking; Other parking
• Utilities: Public water; Public sewer; Cable and other internet services; Other utilities
• Home design: Interior townhouse/rowhouse; Main entrance faces south; Shingle roof; Building not winterized; Property in excellent condition; Fee simple ownership
• Construction: Brick/masonry construction; Stone and brick/mortar foundation; Other foundation details; Other above- and below-grade structures
• Exterior features: Wood fencing; Other exterior features

Interior

• Kitchen: Dishwasher; Wall oven; Refrigerator; Microwave; Electric oven/range
• Bedrooms: 7 bedrooms on main level
• Flooring: Wood; Tile/brick
• Bathrooms: 2 full bathrooms on main level; 1 half bathroom on main level; Total: 2 full bathrooms, 1 half bathroom
• Heating & cooling: Central heating; Central air conditioning; Ceiling fans; Electric heating and hot water
• Interior features: Wood floors; Formal separate dining room; Dining area; Tub with shower; Ceiling fan(s); Kitchen with table space; Plaster walls; Vaulted ceilings; Partially finished basement
• Laundry & utility: Not furnished

What this means for you Summary

Snapshot

• This is a 5-bed/1.0-bath townhouse listed at $178k.

Deal economics

• At list price, monthly cash flow is $122 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $178k).
• Recommended offer: $173k (3.0% below list) — sets the bar for market timing.

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: Benjamin Franklin Sch (math 3% / reading 10%, grade F, #1,492 of 1,518 statewide, top 98%, 786 students, 100% FRL); Camp Curtin Academy (math 0% / reading 5%, grade F, #512 of 512 statewide, top 100%, 482 students, 100% FRL); 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 (+4.3%/yr); 60 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; 540 units permitted in Dauphin County in 2024 (194 in 5+ unit buildings).
• This rent runs 40% of the median local income ($55k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 46 days — a 3% lower offer ($173k) is reasonable based on typical stale-listing flexibility.
• 11 sale attempts since 22y 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.

Risks & watch-outs

• Watch-outs: flood insurance adds $56/mo; built in 1920 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe flood risk; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $172,660 (3.0% below list)

Questions for the listing agent

1. It's been on market 46 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. 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.
8. 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.
9. 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: 1.03% ✓
• Cap rate: 7.49%
• Cash-on-cash: 4.28%
• DSCR: 1.19
• GRM: 8.1

CMA / ARV

• ARV (median comp): $124,640
• List price: $178,000
• Delta: 42.81%
• Verdict: OVERPRICED
• Comps: 2 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2249 N 6th St	0.43mi	5/1.0	2,210 (-7%)	0mo	$110,000	$50	68
2008 Green St	0.08mi	4/2.5 (-1)	2,124 (-11%)	1mo	$295,000	$139	66
2010 Green St	0.08mi	4/1.5 (-1)	2,124 (-11%)	6mo	$206,000	$97	66
243 Emerald St	0.24mi	4/1.0 (-1)	2,182 (-8%)	8mo	$106,000	$49	63
2332 N 6th St	0.46mi	5/1.0	2,192 (-8%)	6mo	$125,000	$57	59
224 Seneca St	0.38mi	5/1.5	2,076 (-13%)	8mo	$164,900	$79	52
540 Schuylkill St	0.58mi	5/1.0	2,046 (-14%)	1mo	$125,000	$61	49
235 Hamilton St	0.40mi	4/2.0 (-1)	2,100 (-12%)	10mo	$225,000	$107	44
2507 N 2nd St	0.52mi	5/2.5	2,692 (+13%)	10mo	$309,999	$115	40
111 Calder St	0.68mi	5/2.0	2,076 (-13%)	4mo	$250,000	$120	39
1509 Green St	0.54mi	4/1.5 (-1)	2,072 (-13%)	8mo	$245,000	$118	39
435 Harris St	0.54mi	4/3.5 (-1)	2,030 (-15%)	8mo	$235,000	$116	28

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 · 4.29% rent growth · sell at horizon

5-year hold

• IRR: -10.1%
• Equity multiple: 0.63×
• Total profit: $-18,556
• Equity at exit: $26,540

10-year hold

• IRR: 1.2%
• Equity multiple: 1.09×
• Total profit: $4,417
• Equity at exit: $15,390

Cash invested: $49,840 (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 17102

• Home prices YoY: -3.9%
• Rents YoY: 4.3%
• Active inventory: 60
• Price-to-rent: 8.1×

Monthly cashflow live

• Estimated rent: $1,841 high
• Mortgage (P&I): −$933
• Tax from tax record: −$269 /mo · $3,225/yr
• Insurance: −$74
• Flood insurance flood zone: −$56 /mo · $666/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$387
• Net cashflow: $122

Break-even live

Break-even rent $1,686

Max offer price $178,000

Occupancy floor 88%

Sensitivity live

Price	-10% $223	-5% $172	+0% $122	+5% $72	+10% $21
Rent	-10% $-23	-5% $49	+0% $122	+5% $195	+10% $268
Rate	-1.0pp $212	-0.5pp $167	base $122	+0.5pp $76	+1.0pp $29

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: $44,500
• Closing costs: $5,340
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2032 Susquehanna St Harrisburg, PA	4.0	1.5	1600	$1,595	$1.00	45d	1	0.08mi
2153 Penn St Harrisburg, PA	4.0	2.0	1620	$1,995	$1.23	45d	1	0.08mi
1834 Green St Harrisburg, PA	4.0	1.0	1792	$1,495	$0.83	25d	1	0.25mi
1716 N 6th St Harrisburg, PA	4.0	3.5	2400	$2,200	$0.92	45d	1	0.49mi
1716 N 6th St Unit NA Harrisburg, PA	4.0	4.0	2400	$2,000	$0.83	25d	1	0.49mi
1330 Susquehanna St Harrisburg, PA	4.0	1.5	2280	$1,895	$0.83	25d	1	0.71mi
2715 N 6th St Harrisburg, PA	4.0	1.0	1620	$1,650	$1.02	15d	1	0.82mi
1202 Penn St Harrisburg, PA	4.0	1.0	1706	$1,495	$0.88	45d	1	0.83mi
2728 N 6th St Harrisburg, PA	4.0	2.0	1786	$1,750	$0.98	15d	1	0.84mi
3015 N 5th St Harrisburg, PA	6.0	2.5	3356	$2,795	$0.83	15d	1	1.17mi

Listing history 47 events

1. 2026-06-21
   days on market $178,000 Active 46 DOM
2. 2026-06-18
   days on market $178,000 Active 43 DOM
3. 2026-06-17
   days on market $178,000 Active 42 DOM
4. 2026-06-16
   days on market $178,000 Active 41 DOM
5. 2026-06-15
   days on market $178,000 Active 40 DOM
6. 2026-06-14
   days on market $178,000 Active 38 DOM
7. 2026-06-13
   days on market $178,000 Active 37 DOM
8. 2026-06-10
   days on market $178,000 Active 35 DOM
9. 2026-06-09
   days on market $178,000 Active 34 DOM
10. 2026-06-08
    days on market $178,000 Active 33 DOM
11. 2026-06-07
    days on market $178,000 Active 32 DOM
12. 2026-06-03
    days on market $178,000 Active 28 DOM
13. 2026-06-02
    days on market $178,000 Active 27 DOM
14. 2026-06-01
    days on market $178,000 Active 26 DOM
15. 2026-05-31
    days on market $178,000 Active 25 DOM
16. 2026-05-31
    days on market $178,000 Active 24 DOM
17. 2026-05-06
    listed $178,000 Active 901-char remark
18. 2025-10-20
    historical
19. 2025-08-21
    listed $210,000 Active
20. 2025-06-30
    historical
21. 2025-06-02
    status Active
22. 2025-05-21
    historical
23. 2025-05-05
    price $220,000
24. 2025-04-11
    listed $254,900 Active
25. 2024-07-22
    soldstatus $160,000
26. 2024-02-11
    status Pending
27. 2024-02-10
    historical
28. 2024-02-10
    price $160,000
29. 2024-02-09
    status Active
30. 2024-01-14
    listed $159,900
31. 2024-01-14
    historical
32. 2022-04-27
    soldstatus $85,000
33. 2022-04-18
    soldstatus $85,000 Closed
34. 2022-03-08
    status Pending
35. 2022-03-04
    status Active
36. 2022-03-03
    status Pending
37. 2022-03-02
    price $95,000
38. 2022-02-07
    listed $100,000 Active
39. 2013-12-31
    historical
40. 2013-03-28
    listed $62,500
41. 2007-02-28
    soldstatus $56,000
42. 2007-02-22
    soldstatus $56,000
43. 2006-09-13
    listed $59,900
44. 2006-09-13
    historical
45. 2004-11-19
    soldstatus $27,000
46. 2004-09-27
    listed $29,900
47. 2001-02-28
    soldstatus $20,000

ⓘ 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: $3,225 · $269/mo
• Projected year-2 tax: $3,225 · $269/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 10/10 Extreme FEMA zone X (shaded) · 99% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 6/10 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: $22,087
• − Mortgage interest: −$9,971
• − Property taxes: −$3,225
• − Insurance: −$1,556
• − Repairs & maintenance: −$1,767
• − Management: −$1,767
• − Depreciation: −$5,178
• Taxable loss: −$1,378
• Est. tax savings @ 24.0%: +$331
• After-tax cash flow: $1,796/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): 8,118
• Household income: $54,573
• Rent vs Own: 68.5% rent · 31.5% own
• Severe rent burden: 720.0

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 0.62)
• Race & ethnicity: White 54% Black 25% Hispanic / Latino 14% Two or more races 7% Asian 2%
• Hispanic origin (detail): Mexican 1% Puerto Rican 8% Dominican 2%
• Common ancestry: Romanian 5% Italian 2% Lithuanian 2%
• Foreign-born: 7% · Canada, Vietnam, South Korea
• Languages at home: 86% English-only · Spanish 9% Arabic 1% Other Asian/Pacific 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: ▼ -18.43%
• Current HPI: 451.4739
• Rent YoY: ▲ 4.29%
• 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

+790.0% since first listed

31 events — show timeline

• 2026-05-06 Listed $178,000 BRIGHT MLS
• 2025-10-20 Listing Removed — BRIGHT MLS
• 2025-08-21 Listed $210,000 BRIGHT MLS
• 2025-06-30 Listing Removed — BRIGHT MLS
• 2025-06-02 Relisted — BRIGHT MLS
• 2025-05-21 Listing Removed — BRIGHT MLS
• 2025-05-05 Price Changed $220,000 BRIGHT MLS
• 2025-04-11 Listed $254,900 BRIGHT MLS
• 2024-07-22 Sold (Public Records) $160,000 Public Records
• 2024-02-11 Pending — BRIGHT MLS
• 2024-02-10 Listing Removed — BRIGHT MLS
• 2024-02-10 Price Changed $160,000 BRIGHT MLS
• 2024-02-09 Relisted — BRIGHT MLS
• 2024-01-14 Listing Removed — BRIGHT MLS
• 2024-01-14 Listed $159,900 BRIGHT MLS
• 2022-04-27 Sold (Public Records) $85,000 Public Records
• 2022-04-18 Sold (MLS) $85,000 BRIGHT MLS
• 2022-03-08 Pending — BRIGHT MLS
• 2022-03-04 Relisted — BRIGHT MLS
• 2022-03-03 Pending — BRIGHT MLS
• 2022-03-02 Price Changed $95,000 BRIGHT MLS
• 2022-02-07 Listed $100,000 BRIGHT MLS
• 2013-12-31 Listing Removed — BRIGHT MLS
• 2013-03-28 Listed $62,500 BRIGHT MLS
• 2007-02-28 Sold (Public Records) $56,000 Public Records
• 2007-02-22 Sold (MLS) $56,000 BRIGHT MLS
• 2006-09-13 Listing Removed — BRIGHT MLS
• 2006-09-13 Listed $59,900 BRIGHT MLS
• 2004-11-19 Sold (MLS) $27,000 BRIGHT MLS
• 2004-09-27 Listed $29,900 BRIGHT MLS
• 2001-02-28 Sold (Public Records) $20,000 Public Records

Property tax history

+1.0%/yr

Latest (2026): $3,225 · +1.7% YoY. Source: county tax records.