25 W Penn Avenue Cleona, PA $ 305,950
25 W Penn Avenue
$ 305,950
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25 W Penn Avenue

Cleona, PA, 17042
$ 305,950
Bedrooms4 Baths0.0

Monthly Estimate*

$ 1,932

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Multi-Family Home for sale in Cleona, PA

for $305,950 with 4 bedrooms. This home was built in 1900 on a lot size of 0.16.

Heres a great opportunity to add a two-unit property in the Annville-Cleona School District to your investment portfolioor live in one unit while the other helps offset your expenses. Both units offer 2 bedrooms with separate basement and attic access, giving each unit plenty of additional storage. Washer and dryer connections are located in the basement of each unit. The property features efficient gas forced-air heat, and the systems have been regularly serviced. The front unit also offers the added comfort of central air. The front unit is currently vacant after the tenant recently moved out, giving the new owner flexibility to choose their own tenant, set a new rental rate, or potentially occupy the unit themselves. The rear unit is currently rented for $1,100 per month, providing income from day one. There are also two garage spaces, adding even more income potential. One garage is currently rented for $75 per month, while the second garage is available. The available garage could be included with the front unit for an additional monthly rental amount or rented separately to generate another stream of income. Whether you're looking to expand your rental portfolio or considering an owner-occupied investment, this property offers flexibility, multiple income opportunities and plenty of potential in the Annville-Cleona School District.

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Multi-Family Coming Soon

Price

$ 305,950

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 3,414

Style

Traditional

Lot Size

0.16

Year Built

1900

Town/City

Cleona

County/Region

Lebanon

MLS | Web ID

PALN2028368

Features
General
Living Area 2645
Sewer Public Sewer
Heating Forced Air
Cooling Ceiling Fan(s) Central A/C
Possession Settlement
Roof Metal
Zoning RESIDENTIAL
Garage Spaces 2.00
Architectural Style Traditional
Construction Materials Aluminum Siding Brick Stick Built
School District ANNVILLE-CLEONA
Exclusions Tenants' personal property AC Window Units in Rear Unit
Year Built 1900
Property Subtype Duplex
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Municipality CLEONA BORO
Accessibility None
County LEBANON
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 COMING SOON
Directions On 422
City CLEONA
Disclosures Lead Based Paint - State Prop Disclosure
Number Of Units Total 2
MLS Area Cleona Boro (13211)
Lot Size Units Square Feet
Lot Size Square Feet 6970.00
Number of Units Leased 1
Tax Annual Amount 3414.0
Property Condition Good
Two Bedroom 2
Structure Type Detached
Price Per Sq Ft Total AG 115.67
Acceptable Financing Cash Conventional
Vacation Rental Y/N N
Lease Type Yearly
Standard Status Coming Soon
Year Built Source Assessor
Association Recreation Fee N
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Interior
Interior Amenities Attic Bathroom - Tub Shower Carpet Ceiling Fan(s) Floor Plan - Traditional Formal/Separate Dining Room Kitchen - Eat-In Pantry Walk-in Closet(s)
Heating Fuel Natural Gas
Hot Water Electric Natural Gas
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N Y
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Exterior
Pool No Pool
Water Source Public
Inclusions Front Unit Gas Stove and Refrigerator Rear Unit Electric Stove and Refrigerator 2 Garage Door Openers and Transmitters
Garage Features Garage Door Opener
Type of Parking Detached Garage Off Street
Foundation Details Stone
Water View Y/N N
Lot Size Acres 0.16
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 23200.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 25
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* Excluded Features
List By
Iron Valley Real Estate

Broker

kim.gassert@gmail.com

Email

Affordability Calculator

$2,216
Per Month
87%
13%
0%
Monthly Principal & Interest
$1,932
Monthly Property Taxes
$285
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
3535978 Elementary School
4309269 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/27/2026$305,950 Listed Price

Map


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25 W Penn Avenue, Cleona, PA, 17042 is a Multi-Family Home for sale at $305,950 with a lot size of 0.16. 25 W Penn Avenue has 4 bedrooms, 0.0 baths, and was built in 1900. The property's zip code is 17042 which is in Cleona, PA