117 Cumberland Street Lebanon, PA $ 199,900
117 Cumberland Street
$ 199,900
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117 Cumberland Street

Lebanon, PA, 17042
$ 199,900
Bedrooms3 Baths0.0

Monthly Estimate*

$ 1,231

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Multi-Family Home for sale in Lebanon, PA

for $199,900 with 3 bedrooms. This home was built in 1940 on a lot size of 0.08.

Investor opportunity in the heart of Lebanon City! 117 Cumberland Street is a fully occupied 2-unit property offering immediate cash flow with additional upside potential. This solid brick property features a spacious 2-bedroom first floor unit, a 1-bedroom second floor unit, plus 2 garage bays currently generating additional rental income. Current rents are below market value, presenting an opportunity for future income growth. One of the standout features of this property is the massive unfinished third floor, offering the potential to create additional bedrooms, living space, or expanded unit functionality to further maximize rental income. Property highlights include 2 new water heaters, separate garage income, strong rental history, and a prime location along a major roadway with convenient access to shopping, dining, and everyday amenities. Whether you are looking to expand your portfolio or add a value-add investment with future upside, this property is worth a look. An additional opportunity awaits next door as 119 Cumberland Street is also available for purchase. Add two fully occupied and operational investment properties to your portfolio!

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Multi-Family Active

Price

$ 199,900

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 2,461

Style

Traditional

Lot Size

0.08

Year Built

1940

Town/City

Lebanon

County/Region

Lebanon

MLS | Web ID

PALN2026200

Features
General
Living Area 2424
Sewer Public Sewer
Heating Forced Air
Cooling None
Possession Immediate
Zoning NEIGHBORHOOD COMMERCIAL
Architectural Style Traditional
Construction Materials Brick Stone
School District LEBANON
Exclusions All tenant personal property washer in 2nd floor apartment
Year Built 1940
Property Subtype Duplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel None
Municipality LEBANON CITY
Accessibility None
County LEBANON
New Construction N
Property Type Multi-Family
Subdivision Name NONE AVAILABLE
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions Follow GPS
City LEBANON
Number Of Units Total 4
MLS Area Lebanon City (13201)
Lot Size Units Square Feet
Lot Size Square Feet 3485.00
Number of Units Leased 4
Tax Annual Amount 2461.0
Two Bedroom 1
Structure Type Interior Row/Townhouse
Price Per Sq Ft Total AG 82.47
Acceptable Financing Cash Conventional
Vacation Rental Y/N N
Lease Type Month to Month
Standard Status Active
Year Built Source Estimated
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Interior
Heating Fuel Natural Gas
Basement Full Outside Entrance Unfinished
Hot Water Electric
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Pool No Pool
Water Source Public
Inclusions Fridges & stoves in both units
Type of Parking On Street
Foundation Details Stone
Water View Y/N N
Lot Size Acres 0.08
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 9400.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 117
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* Excluded Features
List By
Exp Realty, Llc

Broker

sarahlinglerealtor@gmail.com

Email

Affordability Calculator

$1,436
Per Month
86%
14%
0%
Monthly Principal & Interest
$1,231
Monthly Property Taxes
$205
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
Pricing History
DatePricePrice ChangeDescription
5/13/2026$199,900 Listed Price

Map


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117 Cumberland Street, Lebanon, PA, 17042 is a Multi-Family Home for sale at $199,900 with a lot size of 0.08. 117 Cumberland Street has 3 bedrooms, 0.0 baths, and was built in 1940. The property's zip code is 17042 which is in Lebanon, PA