523 Walnut Street Lebanon, PA $ 525,000
523 Walnut Street
$ 525,000
Recently Listed
Open House 8/28 5pm - 7pm
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523 Walnut Street

Lebanon, PA, 17042
$ 525,000
Bedrooms5 Baths0.0

Monthly Estimate*

$ 3,315

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Multi-Family Home for sale in Lebanon, PA

for $525,000 with 5 bedrooms. This home 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.

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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

Multi-Family Active

Price

$ 525,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 4,614

Style

Traditional

Lot Size

0.04

Year Built

1930

Town/City

Lebanon

County/Region

Lebanon

MLS | Web ID

PALN2028244

Features
General
Living Area 3240
Sewer Public Sewer
Heating Forced Air
Cooling Wall Unit Ceiling Fan(s)
Utilities Water Available Sewer Available Cable TV Electric Available Natural Gas Available
Possession Immediate
Roof Rubber
Appliances Refrigerator Stove
Zoning RESIDENTIAL
Architectural Style Traditional
Construction Materials Aluminum Siding
School District LEBANON
Exclusions All tenant owned appliances and personal property
Year Built 1930
Electric 100 Amp Service
Property Subtype Other
Tax Year 2020
Ownership Fee Simple
Cool Fuel Electric
Municipality LEBANON CITY
Gross Income 54840.00
Accessibility None
County LEBANON
Net Operating Income 30395.63
Operating Expense 21702.37
Insurance Expense 1300.00
New Construction N
Property Type Multi-Family
MaintenanceExpense 5480.00
Subdivision Name LEBANON CITY
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade
Total Rooms 7
Status ACTIVE
Directions 523 Walnut St Lebanon PA 17042
City LEBANON
Number Of Units Total 4
MLS Area Lebanon City (13201)
Lot Size Units Square Feet
Lot Size Square Feet 1742.00
Number of Units Leased 5
Tax Annual Amount 4614.0
Trash Expense 1308.00
Two Bedroom 1
Structure Type End of Row/Townhouse
Price Per Sq Ft Total AG 162.04
Acceptable Financing Cash Conventional
Historic Y/N N
Rent Control Y/N N
Vacation Rental Y/N N
Lease Type Gross
Standard Status Active
Year Built Source Estimated
Total Actual Rent 54840.00
Association Recreation Fee N
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Interior
Interior Amenities Attic
Heating Fuel Oil
Basement Unfinished
Flooring Carpet Vinyl
Hot Water Electric
Furnished Units All
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 All landlord owned appliances
Type of Parking On Street
Foundation Details Block
Spa N
Water View Y/N N
Lot Size Acres 0.04
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 18000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 523
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* Excluded Features
List By
Bering Real Estate Co.

Broker

ashlee@beringrealestate.com

Email

Affordability Calculator

$3,699
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,315
Monthly Property Taxes
$385
Monthly Home Insurance
--
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
2136605 Elementary School
4305975 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/23/2026$525,000 Listed Price

Map


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523 Walnut Street, Lebanon, PA, 17042 is a Multi-Family Home for sale at $525,000 with a lot size of 0.04. 523 Walnut Street has 5 bedrooms, 0.0 baths, and was built in 1930. The property's zip code is 17042 which is in Lebanon, PA