Sold for $469,000

$469,000

121 E Cumberland St, Lebanon, PA 17042

4beds

4baths

3,920sqft

Quadruplex

Built in 1940

-- sqft lot

$497,000 Zestimate^®

$120/sqft

$1,305 Estimated rent

Home value

$497,000

$427,000 - $577,000

$1,305/mo

Zestimate^® history

Owner options

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$1,305/mo

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$1,305/mo

Rent Zestimate^®

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$2,982/mo

Est. payment

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$2,982/mo

Est. payment

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What's special

Street facing commercial spaceNicely updated residential unitsLvp flooringNewer appliances

Great investment opportunity!! 4 unit with 1st floor street facing commercial space and 3 nicely updated residential units with LVP flooring, newer appliances and updated baths/kitchens. Each unit has individual newer electric and hot water heaters. Healthy Cap Rate. Perfect choice to add to your growing portfolio. Convenient, bustling location with CG zoning allows an abundance of uses!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4

Heating

Baseboard, Electric

Cooling

Wall Unit(s), Window Unit(s), Electric

Appliances

Included: Refrigerator, Cooktop, Electric Water Heater

Features

Dry Wall
Flooring: Carpet, Laminate, Vinyl
Basement: Full,Exterior Entry,Interior Entry,Unfinished
Has fireplace: No

Interior area

Total structure area: 3,920
Total interior livable area: 3,920 sqft

Property

Parking

Total spaces: 2
Parking features: Garage Faces Rear, Detached
Garage spaces: 2

Accessibility

Accessibility features: None

Features

Exterior features: Lighting
Pool features: None

Lot

Size: 3,920 Square Feet

Details

Additional structures: Above Grade, Below Grade
Parcel number: 0923424353699090000
Zoning: COMMERCIAL
Zoning description: General Commercial
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Quadruplex

Materials

Aluminum Siding
Foundation: Block, Stone
Roof: Asphalt,Copper,Metal,Pitched

Condition

New construction: No
Year built: 1940

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Security: Smoke Detector(s)

Location

Region: Lebanon
Municipality: LEBANON CITY

Financial & listing details

Price per square foot: $120/sqft
Tax assessed value: $128,300
Annual tax amount: $4,132
Date on market: 2/13/2025
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,FHA
Exclusions: Tenants Possessions
Ownership: Fee Simple
Total actual rent: 46704
Income includes: Apartment Rentals

Price history

Date	Event	Price
5/12/2025	Sold	$469,000+35.9%$120/sqft
Source: Public Record Report a problem
3/6/2025	Sold	$345,000-1.4%$88/sqft
Source: Bright MLS #PALN2018482 Report a problem
2/23/2025	Pending sale	$350,000$89/sqft
Source: Bright MLS #PALN2018482 Report a problem
2/13/2025	Listed for sale	$350,000+714%$89/sqft
Source: Bright MLS #PALN2018482 Report a problem
10/12/2016	Sold	$43,000$11/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,133 +1.4%	$128,300
2024	$4,074 +1.6%	$128,300
2023	$4,010 +1.8%	$128,300
2022	$3,938 +5.2%	$128,300
2021	$3,742	$128,300
2020	$3,742 +270.4%	$128,300
2019	$1,010 -62.3%	$128,300
2018	$2,678 +4.1%	$128,300
2017	$2,571 +29.6%	$128,300
2016	$1,983	$128,300
2015	$1,983	$128,300