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Market View Place 301 Market St 38 Unit Apartment Building $5,900,000 ($155,263/Unit) Harrisburg, PA 17101



Investment Highlights
- 38 Total Units (studios, 1 BR, 2 BR) across 9 Stories and 38,676 SF
- Modern Amenities & Historic Charm combined for wide tenant appeal
- Steps from Key Attractions like the Capitol Complex, Strawberry Square, and Whitaker Center
- Historic Building with major renovations in 2013 and 2024
- Prime Dauphin County Location, recognized among Pennsylvania’s top places to live
- Proximity to Major Employers and Harrisburg Amtrak Station
Executive Summary
SCOPE Commercial Real Estate Services, LLC (“SCOPE”) is pleased to exclusively present for sale 301 Market Street, located in Harrisburg, PA. Formerly known as Market View Place, this historic 100-year-old building was fully renovated in 2013 and converted from an office building to student housing for the expanding Harrisburg University of Science & Technology. In 2024, it underwent a comprehensive update and repositioning as a market-rate apartment community, offering a blend of modern aesthetics and timeless character.
Standing nine stories tall and encompassing 38,676 SF, 301 Market Street features 38 units comprising studios, one-bedroom, and two-bedroom floor plans. Recent upgrades include contemporary interior finishes, updated common areas, and secure building access, positioning the property to attract today’s urban renter.
Now operating fully as a market-rate asset, 301 Market Street presents significant value-add potential, with leasing efforts well underway. To ensure stability for new ownership, the seller provides a guarantee of 95% occupancy for the first year, demonstrating strong confidence in the property’s appeal and the continued rental demand in Harrisburg’s flourishing downtown. A reputable property management firm is in place to support day-to-day operations and maintain consistent occupancy levels.
Standing nine stories tall and encompassing 38,676 SF, 301 Market Street features 38 units comprising studios, one-bedroom, and two-bedroom floor plans. Recent upgrades include contemporary interior finishes, updated common areas, and secure building access, positioning the property to attract today’s urban renter.
Now operating fully as a market-rate asset, 301 Market Street presents significant value-add potential, with leasing efforts well underway. To ensure stability for new ownership, the seller provides a guarantee of 95% occupancy for the first year, demonstrating strong confidence in the property’s appeal and the continued rental demand in Harrisburg’s flourishing downtown. A reputable property management firm is in place to support day-to-day operations and maintain consistent occupancy levels.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $5,900,000 | Building Class | C |
| Price Per Unit | $155,263 | Lot Size | 0.39 AC |
| Sale Type | Investment | Building Size | 38,676 SF |
| No. Units | 38 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 9 |
| Property Subtype | Apartment | Year Built | 1920 |
| Apartment Style | Mid-Rise | Opportunity Zone |
Yes
|
| Zoning | Residential | ||
| Price | $5,900,000 |
| Price Per Unit | $155,263 |
| Sale Type | Investment |
| No. Units | 38 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.39 AC |
| Building Size | 38,676 SF |
| Average Occupancy | 100% |
| No. Stories | 9 |
| Year Built | 1920 |
| Opportunity Zone |
Yes |
| Zoning | Residential |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Elevator
- Smoke Detector
Walk Score®
Walker's Paradise (94)
Property Taxes
| Parcel Number | 03-001-044 | Improvements Assessment | $932,800 |
| Land Assessment | $247,000 | Total Assessment | $1,179,800 |
Property Taxes
Parcel Number
03-001-044
Land Assessment
$247,000
Improvements Assessment
$932,800
Total Assessment
$1,179,800
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Market View Place | 301 Market St
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