# 4597 ETHEL Street, Harrisburg, PA 17109

> **TL;DR:** other, $1,299,000, built 1970. Est. $6,947/mo. Listed 2 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,299,000 |
| Year Built | 1970 |
| Lot Size | 17,860 sqft (0.41 acres) |
| Property Type | Other (Other) |
| Status | For Sale |
| Days on Market | 2 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $6,568 |
| Estimated Insurance | $379 |
| **Total** | **$6,947** |

## Nearby Schools

- **High:** CENTRAL DAUPHIN

## Property Highlights

- Built in 1970
- 0.41 acre lot
- 10 parking spaces

## Description

### Agent Description
Rare opportunity to acquire a stabilized 7-unit multifamily asset in the Harrisburg market, offering immediate cash flow with a 7.38% cap rate. The property is 100% occupied with a strong, established tenant base, providing reliable in-place income from day one. Recent capital improvements include two fully renovated units, enhancing the property's overall condition while creating opportunities for continued rent growth as units turn over. The property also features a paved off-street parking lot, a highly desirable amenity that supports tenant retention and marketability. Strategically located with convenient access to downtown Harrisburg, major employers, shopping, dining, public transportation, and major highways, this asset is well-positioned to benefit from continued demand in the local rental market. Whether you're completing a 1031 exchange, expanding an existing multifamily portfolio, or seeking a stable, income-producing investment, this turnkey property offers an attractive combination of immediate cash flow, recent upgrades, and long-term upside.

## Location

- **Address:** 4597 ETHEL Street, Harrisburg, PA 17109
- **County:** DAUPHIN
- **Coordinates:** 40.30386, -76.81494
- **Google Maps:** https://www.google.com/maps?q=40.30386,-76.81494

## Listing Agent

- **Name:** Chad Hurst
- **Brokerage:** Kingsway Realty - Lancaster
- **Phone:** 7173716168

## Primary Photo

![4597 ETHEL Street - Primary Photo](http://lh.rdcpix.com/b87e8aa8b5176212fa7b74a128bcde0cl-f3274905633r.jpg)

*3 total photos available on [listing page](https://www.propertysimple.ai/listing/4597-ethel-street-harrisburg-pa-17109-a2062048)*

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**MLS#:** PADA2062048 | **Updated:** 2026-08-01
**Source:** listhub

*Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/4597-ethel-street-harrisburg-pa-17109-a2062048)

---

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