540 Schuylkill St · Harrisburg, PA 17110

$140,000

5 bd · 1.0 ba · 2,388 sqft · SingleFamily public records · 7 Days on market

Built 1915 2,614 sqft lot $59/sqft · 35% below area Est $184k · 24% 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 +9.2/10.0
• 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

Investor Opportunity! This semi-detached brick home offers a spacious and functional layout with a smooth flow from the living room to the dining area and into the kitchen—ideal for both everyday living and strong rental appeal. Featuring 5 bedrooms, this property provides plenty of space and excellent income potential. Currently vacant and ready for immediate occupancy, this is a great opportunity for investors looking to place a tenant quickly or for an owner-occupant seeking value and space. The property also offers 2 off-street parking spaces in the rear, adding convenience and additional appeal. Even more opportunity awaits—the seller is also offering a second matching semi

Key facts

• Versatile property
• Spacious layout
• Strong rental appeal

Tags

• SEMI-DETACHED BRICK HOME
• SPACIOUS LAYOUT
• OFF-STREET PARKING SPACES
• STRONG RENTAL APPEAL
• EXCELLENT INCOME POTENTIAL
• VERSATILE PROPERTY

Property features AI

Exterior

• Parking: Two total garage/parking spaces; Two off-site spaces; On-street parking available
• Utilities: Public water; Public sewer; Natural gas for heating and hot water
• Home design: Semi-detached property; Architectural shingle and rubber roofs; Fee simple ownership
• Construction: Brick construction; Foundations of block, brick/mortar, and stone; Original construction year per assessor
• Exterior features: Not in a federal flood zone; Above- and below-grade structures noted

Interior

• Bedrooms: Three bedrooms on the first upper level; Two bedrooms on the second upper level
• Flooring: Carpet; Wood; Vinyl
• Bathrooms: One full bathroom
• Heating & cooling: Hot water radiator heating (natural gas); Ceiling fans; Window air conditioning units
• Interior features: 9'+ ceilings; Drywall walls and ceilings; Full unfinished basement with interior access

🏷️ Possibly a rental listed for sale. The $140,000 price doesn't fit this home's estimated sale value (~$183,922) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 5-bed/1.0-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $615 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $140k).
• Cap rate 11.6% 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 (+1.6%/yr); 170 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 40% 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 $968 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 1.6% rent growth), your $39k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• Only 7 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 2y 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: built in 1915 — 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 $140,000

Questions for the listing agent

1. Built in 1915 — 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: 1.42% ✓
• Cap rate: 11.56%
• Cash-on-cash: 18.82%
• DSCR: 1.84
• GRM: 5.9

CMA / ARV

• ARV (median comp): $183,922
• List price: $140,000
• Delta: -23.88%
• 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
2346 N 6th St	0.16mi	5/1.5	2,520 (+6%)	19mo	$130,000	$52	66
2600 N 6th St	0.12mi	5/2.0	2,579 (+8%)	18mo	$135,000	$52	62
2228 N 6th St	0.31mi	4/2.0 (-1)	2,480 (+4%)	12mo	$70,000	$28	60
2122 Jefferson St	0.47mi	5/1.0	2,156 (-10%)	11mo	$65,000	$30	53
2432 Green St	0.33mi	4/2.5 (-1)	2,450 (+3%)	24mo	$250,000	$102	50
2902 Parkside Ln	0.51mi	4/2.0 (-1)	2,351 (-2%)	20mo	$425,000	$181	48
2007 N 3rd St	0.58mi	4/2.0 (-1)	2,334 (-2%)	22mo	$425,000	$182	42
2711 N 2nd St	0.45mi	4/3.0 (-1)	2,288 (-4%)	23mo	$347,000	$152	40
2215 N 2nd St	0.50mi	5/3.5	2,629 (+10%)	14mo	$415,000	$158	38

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: 9.0%
• Equity multiple: 1.35×
• Total profit: $13,635
• Equity at exit: $20,874

10-year hold

• IRR: 16.9%
• Equity multiple: 2.30×
• Total profit: $50,983
• Equity at exit: $12,105

Cash invested: $39,200 (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: 5.9×

Monthly cashflow live

• Estimated rent: $1,992 high
• Mortgage (P&I): −$734
• Tax from tax record: −$166 /mo · $1,993/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$418
• Net cashflow: $615

Break-even live

Break-even rent $1,213

Max offer price $140,000

Occupancy floor 64%

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: $35,000
• Closing costs: $4,200
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2715 N 6th St Harrisburg, PA	4.0	1.0	1620	$1,650	$1.02	14d	1	0.26mi
2728 N 6th St Harrisburg, PA	4.0	2.0	1786	$1,750	$0.98	14d	1	0.28mi
2153 Penn St Harrisburg, PA	4.0	2.0	1620	$1,995	$1.23	43d	1	0.53mi
2032 Susquehanna St Harrisburg, PA	4.0	1.5	1600	$1,595	$1.00	43d	1	0.62mi
3015 N 5th St Harrisburg, PA	6.0	2.5	3356	$2,795	$0.83	14d	1	0.63mi
1834 Green St Harrisburg, PA	4.0	1.0	1792	$1,495	$0.83	23d	1	0.78mi
1716 N 6th St Unit NA Harrisburg, PA	4.0	4.0	2400	$2,000	$0.83	23d	1	0.82mi
1716 N 6th St Harrisburg, PA	4.0	3.5	2400	$2,200	$0.92	43d	1	0.82mi
1330 Susquehanna St Harrisburg, PA	4.0	1.5	2280	$1,895	$0.83	23d	1	1.19mi
1202 Penn St Harrisburg, PA	4.0	1.0	1706	$1,495	$0.88	43d	1	1.33mi

Listing history 4 events

1. 2026-05-03
   status Pending 951-char remark
2. 2026-04-26
   listed $140,000 Active 951-char remark
3. 2025-01-13
   historical $1,195
4. 2024-12-21
   listed $1,195

ⓘ 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: $1,993 · $166/mo
• Projected year-2 tax: $2,102 · $175/mo
• Expected delta: +$110/yr (+$9/mo · 5.5%)

ⓘ 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 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: $23,900
• − Mortgage interest: −$7,842
• − Property taxes: −$1,993
• − Insurance: −$700
• − Repairs & maintenance: −$1,912
• − Management: −$1,912
• − Depreciation: −$4,073
• Taxable income: $5,469
• Est. tax owed @ 24.0%: −$1,312
• After-tax cash flow: $6,066/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

+10360.3% since first listed

6 events — show timeline

• 2026-06-09 Sold (Public Records) $125,000 Public Records
• 2026-06-01 Sold (MLS) $125,000 BRIGHT MLS
• 2026-05-03 Pending — BRIGHT MLS
• 2026-04-26 Listed $140,000 BRIGHT MLS
• 2025-01-13 Rental Removed $1,195 SHOWMOJO
• 2024-12-21 Listed for Rent $1,195 SHOWMOJO

Property tax history

+1.0%/yr

Latest (2026): $1,993 · +1.6% YoY. Source: county tax records.