1127 WALNUT ST
LEBANON, PA 17042
$194,900
Number of Units: 2
Type: Multi-Unit Residential
Listing #PALN2022438
Great investment opportunity in the heart of Lebanon! This well-maintained 2-unit property offers strong rental income and excellent long-term potential. The first-floor unit is a spacious 1-bed/1-bath currently rented at $750/month with rent increasing to $900/month on October 1st. The second-floor unit is also a 1-bed/1-bath currently rented at $750/month with rent increasing to $1,010/month on October 1st. Tenants pay their own electric, while the owner covers water, sewer, trash, and heat. Conveniently located near shopping, dining, and major routes, this property is a solid choice with built-in cash flow and future upside--perfect for adding to your portfolio or starting your real estate investment journey.
Listing Courtesy of: Keller Williams Realty (717) 657-4700
Property Features
County: LEBANON-PA
Municipality: LEBANON CITY
Latitude: 40.33643723
Longitude: -76.42962646
MLS Area: Lebanon City (13201)
Directions: From the Lebanon/Lancaster PA Turnpike Exit (I-76 Exit 266), take Route 72 North toward Lebanon. Continue on Route 72 for approximately 10 miles into the city. Turn right onto Walnut Street (Route 422 East) and follow it through town. The property will be located at 1127 Walnut Street, Lebanon, PA 17042.
Has Fireplace: No
Heating: Hot Water
Heating Fuel: Natural Gas
Cooling: Window Unit(s), None
Water Heater: Natural Gas
Total Number of Units: 2
Accessibility: 2+ Access Exits
Style: Traditional
Is New Construction: No
Construction: Vinyl Siding
Foundation: Stone
Septic or Sewer: Public Sewer
Has Garage: No
Parking Spaces: 2
Lot Size in Acres: 0.05
Lot Size in Sq. Ft.: 2,178
Zoning: RESIDENTIAL 2 FAMILY
Has Waterfront: No
Has Water Access: No
School District: LEBANON
ListDate: 2025-08-29 00:00:00.0
Possession: Settlement
Property Type: RI
Property SubType: Twin/Semi-Detached
Year Built: 1920
Status: Active
Tax Year: 2025
Tax Amount: $2,255
Ownership Interest: Fee Simple
Square Feet Source: Assessor
$ per month
Year Fixed. % Interest Rate.
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The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Gacono Real Estate participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than Gacono Real Estate are marked with the IDX icon, 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. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information Deemed Reliable But Not Guaranteed.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Gacono Real Estate participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than Gacono Real Estate are marked with the IDX icon, 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. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information Deemed Reliable But Not Guaranteed.
BRIGHT(MRIS/Trend) data last updated at December 5, 2025, 12:50 AM ET
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