513 Chestnut St, Lebanon, PA 17042

Lebanon
Local realty services provided by:Better Homes and Gardens Real Estate Reserve
513 Chestnut St,Lebanon, PA 17042
$399,900
  • 6 Beds
  • - Baths
  • 4,510 sq. ft.
  • Multi-family
  • Active
Listed by: joy daniels
Office: joy daniels real estate group, ltd
MLS#:PALN2024390
Source:BRIGHTMLS

Price summary

  • Price:$399,900
  • Price per sq. ft.:$88.67

About this home

Well-maintained and fully rented duplex in Lebanon City! This clean, income-producing property features two spacious apartments with approximately 2,000 square feet each, offering a total of 4 bedrooms. The generous layout makes each unit ideal for large families seeking ample living space. Recent improvements include a new roof, providing peace of mind for the next owner. Each unit is well cared for and tenant-occupied, making this a turnkey investment opportunity. The property also includes a 3-bay garage plus additional off-street parking spaces, all of which offer extra rental income potential. Convenient location close to downtown Lebanon, shopping, and major routes. A solid addition to any investor’s portfolio! Investment Opportunity – Fully Rented 2-Unit Property Unit 1: $1,600/month Unit 2: $1,700/month Garage: $300/month Parking spaces:  $180/month  Total Annual income: $43,200

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Home facts

  • Year built:1939
  • Listing ID #:PALN2024390
  • Added:74 day(s) ago
  • Updated:March 31, 2026 at 01:32 PM

Rooms and interior

  • Bedrooms:6
  • Living area:4,510 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Roof:Rubber, Shingle
  • Year built:1939
  • Building area:4,510 sq. ft.
  • Lot area:0.13 Acres
  • Lot Features:Downtown
  • Architectural Style:Traditional
  • Construction Materials:Brick, Masonry
  • Foundation Description:Stone

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$399,900
  • Price per sq. ft.:$88.67
  • Tax amount:$6,257 (2025)

Features and amenities

  • Amenities:200+ Amp Service

Parking

  • Parking description:Detached Garage, Garage - Rear Entry, Off Street, Parking Lot
  • Garage:Yes
  • Garage spaces:3

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