1001 CHESTNUT ST
LEBANON, PA 17042

$919,000

Sq. Ft.: N/A
Type: Commercial
Listing #PALN2027398
Solid income-producing opportunity in Lebanon County! Ridgeview Apartments is a 9-unit, all 1-bed/1-bath brick apartment building totaling 3,900+/- sq ft, situated on a corner lot with on-street parking. Tenants are in place and responsible for their own electric and heat, helping keep operating costs predictable for ownership. Several units have been updated with remodels completed in 2023 and 2025, adding value and reducing near-term capital needs. The building is served by public water and sewer with oil heat, and is conveniently located near Rt 422 & Rt 72 for easy access to shopping, employment, and commuter routes. Current property management is in place and open to continuing on with a new owner, offering a turnkey option for investors seeking a low-hassle addition to their portfolio. Don't miss this well-positioned multi-family asset in a stable rental market.
Listing Courtesy of: Hostetter Realty (717) 786-6200
Property Features
Location Information
County: LEBANON-PA
Municipality: LEBANON CITY
Cross Street: S 10th Street/Chestnut St
Latitude: 40.33791351
Longitude: -76.42798615
MLS Area: Lebanon City (13201)
Directions: From West: Use 422 E; Turn right onto S 12th Str, then left onto Chestnut St - property is on left. From East: Use 422 W; turn left onto S 10th St. Property is at intersection of S 10th & Chestnut St.
Interior Features
Heating: None
Heating Fuel: Oil
Cooling: None, None
Water Heater: Oil
Total Number of Units: 0
Accessibility: None
Exterior Features
Is New Construction: No
Construction: Brick, Brick Front, Concrete, Masonry
Septic or Sewer: Public Sewer
Has Garage: No
Parking Spaces: 9
Site Description: Corner Lot/Unit
Lot Features: Corner, Level, Rear Yard
Lot Size in Acres: 0.07
Lot Size in Sq. Ft.: 3,049
Dimensions: 34.7x91
Zoning: R
Building Total Area (Sq. Ft.): 3,900
Has Waterfront: No
Has Water Access: No
View Description: City
School
School District: LEBANON
Additional Information
ListDate: 2026-07-13 00:00:00.0
Possession: Settlement
Property Type: COM
Property SubType: Commercial Sale
Year Built: 1910
Status: Active
Tax Year: 2025
Tax Amount: $7,959
Ownership Interest: Fee Simple
Business Type: Apartment Building


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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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BRIGHT(MRIS/Trend) data last updated at August 2, 2026, 2:12 PM ET