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513 Chestnut Street Lebanon, PA $ 409,900
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$ 409,900 Get more info
513 Chestnut Street
$ 409,900
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513 Chestnut Street

Lebanon, PA, 17042
$ 409,900
Bedrooms6 Baths0.0

Monthly Estimate*

$ 2,524

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Multi-Family Home for sale in Lebanon, PA

for $409,900 with 6 bedrooms. This home was built in 1939 on a lot size of 0.13.

Well-maintained and fully rented duplex in Lebanon City! This clean, income-producing property features two spacious apartments with approximately 2,000 square feet each, offering a total of 4 bedrooms. The generous layout makes each unit ideal for large families seeking ample living space. Recent improvements include a new roof, providing peace of mind for the next owner. Each unit is well cared for and tenant-occupied, making this a turnkey investment opportunity. The property also includes a 3-bay garage plus additional off-street parking spaces, all of which offer extra rental income potential. Convenient location close to downtown Lebanon, shopping, and major routes. A solid addition to any investors portfolio! Investment Opportunity Fully Rented 2-Unit Property Unit 1: $1,600/month Unit 2: $1,700/month Garage: $300/month Parking spaces: $180/month Total Annual income: $43,200

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Multi-Family Active

Price

$ 409,900

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 6,257

Style

Traditional

Lot Size

0.13

Year Built

1939

Town/City

Lebanon

County/Region

Lebanon

MLS | Web ID

PALN2024390
Features
General
Living Area 4510
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Settlement
Roof Rubber Shingle
Zoning RESIDENTIAL
Garage Spaces 3.00
Architectural Style Traditional
Construction Materials Masonry Brick
School District LEBANON
Year Built 1939
Electric 200+ Amp Service
Property Subtype Duplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality LEBANON CITY
Accessibility Other
County LEBANON
Net Operating Income 43200.00
New Construction N
Property Type Multi-Family
Subdivision Name NONE AVAILABLE
Garage Y/N Y
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions From Route 422 turn onto Chestnut Street to property.
City LEBANON
Number Of Units Total 2
MLS Area Lebanon City (13201)
Lot Size Units Square Feet
Lot Size Square Feet 5663.00
Number of Units Leased 2
Tax Annual Amount 6257.0
Two Bedroom 0
Structure Type End of Row/Townhouse
Price Per Sq Ft Total AG 90.89
Acceptable Financing Cash Conventional
Vacation Rental Y/N N
Location Type Downtown
Lease Type Yearly
Standard Status Active
Year Built Source Assessor
Cap Rate 7.00
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Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Furnished Units None
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N Y
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Exterior
Pool No Pool
Water Source Public
Garage Features Garage - Rear Entry
Type of Parking Driveway Detached Garage Off Street Parking Lot
Foundation Details Stone
Water View Y/N N
Lot Size Acres 0.13
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 29300.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 513
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* Excluded Features
List By
Joy Daniels Real Estate Group, Ltd

Broker

joy@joydaniels.com

Email

Affordability Calculator

$3,045
Per Month
83%
17%
0%
Monthly Principal & Interest
$2,524
Monthly Property Taxes
$521
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136605 Elementary School
4305975 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/15/2026$409,900 Listed Price

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513 Chestnut Street, Lebanon, PA, 17042 is a Multi-Family Home for sale at $409,900 with a lot size of 0.13. 513 Chestnut Street has 6 bedrooms, 0.0 baths, and was built in 1939. The property's zip code is 17042 which is in Lebanon, PA

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