3005 N 3rd St · Harrisburg, PA 17110

$184,900

4 bd · 2.0 ba · 1,612 sqft · SingleFamily public records · 5 Days on market

Built 1900 2,614 sqft lot $115/sqft · 12% below area Est $239k · 22% under

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Why this score? — see what drove the C- 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 +16.9/30.0
• ARV discount +15.0/15.0
• DSCR +5.3/10.0
• 1% rule +4.7/10.0
• 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

Two-unit property perfect for investor or owner occupant. Both one bedroom apartments have eat-in kitchens, large bedrooms, wood floors and are nice condition. First floor apartment vacant and ready for tenant or owner occupant. Upstairs apartment is occupied by long-term tenant, rent could be raised to $700. Replacement windows. Gas heat average just $137/month. Convenient Uptown location just 1 block to Italian Lake. Not in flood plain. Warranty. Let your tenant pay your mortgage.

Key facts

• Fenced in backyard
• Private back porch
• Natural light

Tags

• IN LAW SUITE
• PRIVATE BACK PORCH
• FENCED IN BACKYARD
• SEPARATE ENTRANCES
• FUNCTIONAL KITCHENS
• NATURAL LIGHT

Property features AI

Exterior

• Parking: On-street parking
• Utilities: Public water; Public sewer
• Home design: Semi-detached property; Fee simple ownership
• Construction: Brick construction; Permanent foundation; Above-grade finished area recorded by assessor
• Exterior features: Not in a federal flood zone; Above-grade and below-grade structures present

Interior

• Bedrooms: Two bedrooms on the first upper level
• Bathrooms: Two full bathrooms (all on upper levels)
• Heating & cooling: Steam heat; Natural gas heating fuel; Natural gas hot water
• Interior features: Two or more access exits

🏷️ Possibly a rental listed for sale. The $184,900 price doesn't fit this home's estimated sale value (~$238,506) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $185k.

Deal economics

• At list price, monthly cash flow is $122 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $179k (3.4% below list).
• Recommended offer: $179k (3.4% below list) — sets the bar for 1% rule.

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; 20 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 60% 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 $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.

Negotiation context

• Only 5 days on market — expect competitive offers; lowballing is unlikely to land.
• 7 sale attempts since 16y 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 $94k; list at $185k implies a 96% gain — meaningful room to come down on a strong offer.

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 $178,686 (3.4% below list)

Questions for the listing agent

1. Built in 1900 — 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: 0.97% ✗
• Cap rate: 7.09%
• Cash-on-cash: 2.84%
• DSCR: 1.13
• GRM: 8.6

CMA / ARV

• ARV (median comp): $238,506
• List price: $184,900
• Delta: -22.48%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2951 N 6th St	0.28mi	4/2.0	1,629 (+1%)	7mo	$75,000	$46	80
3122 N 5th St	0.17mi	3/1.0 (-1)	1,527 (-5%)	0mo	$205,000	$134	74
3228 N 4th St	0.26mi	3/1.5 (-1)	1,664 (+3%)	6mo	$194,900	$117	70
3135 N 5th St	0.20mi	3/2.0 (-1)	1,733 (+8%)	9mo	$275,000	$159	66
2941 N 6th St	0.30mi	4/1.5	1,750 (+9%)	5mo	$230,000	$131	65
3205 N 5th St	0.23mi	3/2.0 (-1)	1,500 (-7%)	16mo	$252,000	$168	60
2933 N 6th St	0.32mi	3/2.0 (-1)	1,712 (+6%)	17mo	$184,999	$108	55
3116 Pennwood Rd	0.27mi	3/2.5 (-1)	1,762 (+9%)	14mo	$175,000	$99	53
2430 N 5th St	0.71mi	3/1.0 (-1)	1,600 (-1%)	13mo	$95,000	$59	46
3518 N 3rd St	0.65mi	4/1.5	1,823 (+13%)	4mo	$266,000	$146	43
3231 N 4th St	0.26mi	3/1.0 (-1)	1,388 (-14%)	18mo	$176,900	$127	40
419 Schuylkill St	0.69mi	3/1.5 (-1)	1,440 (-11%)	16mo	$165,000	$115	30

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: -13.5%
• Equity multiple: 0.52×
• Total profit: $-24,698
• Equity at exit: $27,569

10-year hold

• IRR: -7.0%
• Equity multiple: 0.58×
• Total profit: $-21,568
• Equity at exit: $15,987

Cash invested: $51,772 (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: 8.6×

Monthly cashflow live

• Estimated rent: $1,787 high
• Mortgage (P&I): −$970
• Tax from tax record: −$242 /mo · $2,910/yr
• Insurance: −$77
• HOA: −$0
• Vacancy / Maint / Mgmt: −$375
• Net cashflow: $122

Break-even live

Break-even rent $1,632

Max offer price $184,900

Occupancy floor 88%

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: $46,225
• Closing costs: $5,547
• Reserves months: —
• Total cash needed: —

Rent comps 20 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3216 Green St Harrisburg, PA	4.0	2.0	1550	$2,200	$1.42	14d	1	0.22mi
2728 N 6th St Harrisburg, PA	4.0	2.0	1786	$1,750	$0.98	14d	1	0.43mi
2801 N 2nd St Apt A2 Harrisburg, PA	3.0	1.5	1200	$1,495	$1.25	43d	1	0.46mi
2715 N 6th St Harrisburg, PA	4.0	1.0	1620	$1,650	$1.02	14d	1	0.47mi
514 Radnor St Harrisburg, PA	4.0	1.0	1498	$1,600	$1.07	43d	1	0.57mi
2615 Waldo St Harrisburg, PA	3.0	1.0	1400	$1,095	$0.78	43d	1	0.61mi
2406 Reel St Harrisburg, PA	4.0	1.0	1500	$1,395	$0.93	43d	1	0.81mi
652 Emerald St Harrisburg, PA	5.0	1.0	1550	$1,740	$1.12	43d	1	0.95mi
339 Emerald St Harrisburg, PA	3.0	1.5	1420	$1,650	$1.16	14d	1	0.96mi
2235 Logan St Harrisburg, PA	3.0	1.0	1406	$1,495	$1.06	43d	1	1.00mi
2153 Penn St Harrisburg, PA	4.0	2.0	1620	$1,995	$1.23	43d	1	1.13mi
2118 N 4th St Harrisburg, PA	4.0	1.0	1383	$1,595	$1.15	43d	1	1.13mi
320 Maclay St Harrisburg, PA	3.0	2.5	2237	$1,750	$0.78	14d	1	1.17mi
2042 N 4th St Harrisburg, PA	3.0	1.0	1090	$1,400	$1.28	43d	1	1.21mi
2032 Susquehanna St Harrisburg, PA	4.0	1.5	1600	$1,595	$1.00	43d	1	1.25mi
1841 N 4th St Harrisburg, PA	3.0	1.0	1376	$1,399	$1.02	23d	1	1.37mi
1841 N 3rd St Harrisburg, PA	3.0	1.0	1376	$1,399	$1.02	14d	1	1.40mi
1834 Green St Harrisburg, PA	4.0	1.0	1792	$1,495	$0.83	23d	1	1.42mi
640 Kelker St Harrisburg, PA	3.0	1.0	1294	$1,650	$1.28	43d	1	1.43mi
644 Kelker St Harrisburg, PA	3.0	1.0	1294	$1,295	$1.00	43d	1	1.43mi

Listing history 21 events

1. 2026-05-05
   status Pending 980-char remark
2. 2026-05-05
   status Pending 980-char remark
3. 2026-04-30
   listed $184,900 Active 980-char remark
4. 2026-04-15
   status Active 980-char remark
5. 2026-03-31
   status Pending 980-char remark
6. 2026-03-16
   status Active 980-char remark
7. 2025-12-30
   status Pending 980-char remark
8. 2025-11-13
   listed $184,900 Active 980-char remark
9. 2016-09-27
   soldstatus $94,500
10. 2016-09-16
    soldstatus $94,500

    Show marketing remark (487 chars)

    Two-unit property perfect for investor or owner occupant. Both one bedroom apartments have eat-in kitchens, large bedrooms, wood floors and are nice condition. First floor apartment vacant and ready for tenant or owner occupant. Upstairs apartment is occupied by long-term tenant, rent could be raised to $700. Replacement windows. Gas heat average just $137/month. Convenient Uptown location just 1 block to Italian Lake. Not in flood plain. Warranty. Let your tenant pay your mortgage.

11. 2016-07-26
    historical

    Show marketing remark (487 chars)

    Two-unit property perfect for investor or owner occupant. Both one bedroom apartments have eat-in kitchens, large bedrooms, wood floors and are nice condition. First floor apartment vacant and ready for tenant or owner occupant. Upstairs apartment is occupied by long-term tenant, rent could be raised to $700. Replacement windows. Gas heat average just $137/month. Convenient Uptown location just 1 block to Italian Lake. Not in flood plain. Warranty. Let your tenant pay your mortgage.

12. 2016-01-14
    listed $93,499

    Show marketing remark (487 chars)

    Two-unit property perfect for investor or owner occupant. Both one bedroom apartments have eat-in kitchens, large bedrooms, wood floors and are nice condition. First floor apartment vacant and ready for tenant or owner occupant. Upstairs apartment is occupied by long-term tenant, rent could be raised to $700. Replacement windows. Gas heat average just $137/month. Convenient Uptown location just 1 block to Italian Lake. Not in flood plain. Warranty. Let your tenant pay your mortgage.

13. 2012-01-10
    soldstatus $80,000
14. 2012-01-03
    soldstatus $80,000
15. 2012-01-03
    soldstatus $80,000
16. 2011-11-22
    historical
17. 2011-11-22
    historical
18. 2011-03-25
    listed $91,000
19. 2010-12-06
    listed $91,000
20. 1990-02-02
    soldstatus $47,000
21. 1986-01-14
    soldstatus $32,500

ⓘ 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: $2,910 · $242/mo
• Projected year-2 tax: $2,916 · $243/mo
• Expected delta: +$6/yr ($0/mo · 0.2%)

ⓘ 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 ≥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: $21,442
• − Mortgage interest: −$10,357
• − Property taxes: −$2,910
• − Insurance: −$924
• − Repairs & maintenance: −$1,715
• − Management: −$1,715
• − Depreciation: −$5,379
• Taxable loss: −$1,559
• Est. tax savings @ 24.0%: +$374
• After-tax cash flow: $1,844/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

+468.9% since first listed

23 events — show timeline

• 2026-05-05 Pending — BRIGHT MLS
• 2026-05-05 Pending — BRIGHT MLS
• 2026-05-05 Listing Removed — BRIGHT MLS
• 2026-05-05 Listing Removed — BRIGHT MLS
• 2026-04-30 Listed $184,900 BRIGHT MLS
• 2026-04-15 Relisted — BRIGHT MLS
• 2026-03-31 Pending — BRIGHT MLS
• 2026-03-16 Relisted — BRIGHT MLS
• 2025-12-30 Pending — BRIGHT MLS
• 2025-11-13 Listed $184,900 BRIGHT MLS
• 2016-09-27 Sold (Public Records) $94,500 Public Records
• 2016-09-16 Sold (MLS) $94,500 BRIGHT MLS
• 2016-07-26 Listing Removed — BRIGHT MLS
• 2016-01-14 Listed $93,499 BRIGHT MLS
• 2012-01-10 Sold (Public Records) $80,000 Public Records
• 2012-01-03 Sold (MLS) $80,000 BRIGHT MLS
• 2012-01-03 Sold (MLS) $80,000 BRIGHT MLS
• 2011-11-22 Listing Removed — BRIGHT MLS
• 2011-11-22 Listing Removed — BRIGHT MLS
• 2011-03-25 Listed $91,000 BRIGHT MLS
• 2010-12-06 Listed $91,000 BRIGHT MLS
• 1990-02-02 Sold (Public Records) $47,000 Public Records
• 1986-01-14 Sold (Public Records) $32,500 Public Records

Property tax history

+1.0%/yr

Latest (2026): $2,910 · +1.7% YoY. Source: county tax records.