1127 Walnut St, Lebanon, PA 17042

Local realty services provided by:ERA Liberty Realty
1127 Walnut St,Lebanon, PA 17042
$199,900
  • 3 Beds
  • - Baths
  • 1,328 sq. ft.
  • Multi-family
  • Active
Listed by:carson michael perlaki
Office:keller williams realty
MLS#:PALN2022438
Source:BRIGHTMLS

Price summary

  • Price:$199,900
  • Price per sq. ft.:$150.53

About this home

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.

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Home facts

  • Year built:1920
  • Listing ID #:PALN2022438
  • Added:32 day(s) ago
  • Updated:September 28, 2025 at 01:29 PM

Rooms and interior

  • Bedrooms:3
  • Living area:1,328 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Hot Water, Natural Gas

Structure and exterior

  • Year built:1920
  • Building area:1,328 sq. ft.
  • Lot area:0.05 Acres

Schools

  • High school:LEBANON
  • Middle school:LEBANON

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$199,900
  • Price per sq. ft.:$150.53
  • Tax amount:$2,255 (2025)