523 Walnut Street Lebanon, PA ^$ 525,000

523 Walnut Street

^$ 525,000

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Recently Listed

Open House 8/28 5pm - 7pm

523 Walnut Street

Lebanon, PA, 17042

^$ 525,000

Bedrooms-- Baths-- Sq 3,000

Monthly Estimate*

^$ 3,315

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Commercial Property for sale in Lebanon, PA

for $525,000. This 3,000 square foot building was built in 1930 on a lot size of 0.04.

OPEN HOUSES SCHEDULED 8/28/26 from 5-7pm & 8/29/26 from 2-4pm. Any offers will be reviewed on Monday 8/31/26. Well maintained 5 Unit Apartment Building. All units are currently occupied. Rent roll $54,840 gross annual income. Several units have long term tenants. Solid surface flooring throughout each unit. Prime location with easy access to utilities for service. Coin laundry provided by Landlord, creates additional $600-800/ year income.

Open House

8/28/2026 5:00 PM - 7:00 PM

8/29/2026 2:00 PM - 4:00 PM

523 Walnut Street Lebanon, PA

* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Commercial Active

Price

^$ 525,000

Property Type

Commercial

Taxes

^$ 5,363

Style

Apartment Building

Lot Size

0.04

Year Built

1930

Town/City

Lebanon

County/Region

Lebanon

MLS | Web ID

PALN2028230

Features

Interior

Heating Fuel Natural Gas

Flooring Carpet Vinyl

Hot Water Electric

Heating Y/N Y

Central Air Y/N N

Total Restrooms 5

General

Sewer Public Sewer

Heating Baseboard - Electric 90% Forced Air

Cooling Ceiling Fan(s) Window Unit(s)

Utilities Cable TV Electric Available Natural Gas Available

Possession Immediate

Roof Asphalt

Zoning RESIDENTIAL MULTI

Construction Materials Block Stick Built

Year Built 1930

Property Subtype Five Or More Units

Tax Year 2026

Ownership Fee Simple

Cool Fuel Electric

Municipality LEBANON CITY

Gross Income 54840.00

Business Type Apartment Building

Accessibility 32 + wide Doors

County LEBANON

Insurance Expense 1300.00

New Construction N

Property Type Commercial Sale

MaintenanceExpense 5484.00

Possible Use Apartments

Water Access Y/N N

Status ACTIVE

Directions 523 Walnut St Lebanon PA

City LEBANON

Number Of Units Total 0

MLS Area Lebanon City (13201)

Lot Size Units Square Feet

Lot Size Square Feet 1742.00

Tax Annual Amount 5363.0

Property Condition Good

Price Per Sq Ft Total AG 160.85

Association Fee 0.00

Vacation Rental Y/N N

Standard Status Active

Year Built Source Assessor

Total Actual Rent 54840.00

Exterior

Water Source Public

Type of Parking On Street

Water View Y/N N

Building Area Total 3264.00

Lot Size Acres 0.04

Lot Size Source Assessor

Waterfront Y/N N

Land Assessed Value 18000.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 523

* Excluded Features

List By

Bering Real Estate Co.

Broker

ashlee@beringrealestate.com

Affordability Calculator

$3,762

Per Month

Monthly Principal & Interest: $3,315
Monthly Property Taxes: $447
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.49% 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

Trends
Schools

Commerical listings in Lebanon, PA

Average List Price ^$735,414

Percent of Sale Price 40%

About Lebanon, PA

26,272 Population

8% Since 2002

^$36,835 Median Income

37.52 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/23/2026	$525,000		Listed Price

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523 Walnut Street, Lebanon, PA, 17042 is a Commercial Property for sale at $525,000 with 3,000 sqft and a lot size of 0.04. 523 Walnut Street was built in 1930. The property's zip code is 17042 which is in Lebanon, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

Real estate listings held by brokerage firms other than Weichert, Realtors® are marked with the Broker Reciprocity icon (a little black house) and detailed information about each listing includes the name of the listing broker.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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523 Walnut Street

Commercial Property for sale in Lebanon, PA

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