This ranch-style home, originally built in 1940 and renovated in 1996, presents a unique investment opportunity. With a total finished area of 805 sq. ft. , this detached property features one spacious bedroom and a full bathroom, making it ideal for rental or resale potential. The home has a solid vinyl siding exterior. The unfinished basement with an outside entrance offers additional space for storage or future development, enhancing the property's value. The 0.14-acre lot provides ample outdoor space, while the driveway parking adds convenience for tenants or future owners. This property is a prime candidate for those looking to expand their real estate portfolio, offering both immediate cash flow potential and long-term appreciation in value. Don't miss out on this opportunity to invest in a home with significant upside potential.
For sale
$114,900
1242 Lafayette St, Lebanon, PA 17042
1beds
805sqft
Single Family Residence
Built in 1940
6,098 Square Feet Lot
$115,000 Zestimate®
$143/sqft
$-- HOA
What's special
Solid vinyl siding exteriorSpacious bedroomDriveway parking
- 2 days
- 201
- 14
Zillow last checked:
Listing updated:
Listed by:
Aleigha Sweigard 717-443-1675,
RE/MAX Cornerstone (717) 273-5501
Source: Bright MLS,MLS#: PALN2029492
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Basement
- Area: 0
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Electric Water Heater
Features
- Basement: Unfinished,Exterior Entry
- Has fireplace: No
Interior area
- Total structure area: 805
- Total interior livable area: 805 sqft
- Finished area above ground: 805
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Entrance
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 6,098 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 0223359253675290000
- Zoning: RHD
- Zoning description: Residential High-Density zoning offering exciting potential for investors and future residential opportunities in Lebanon City.
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch/Rambler
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Slab
Condition
- New construction: No
- Year built: 1940
- Major remodel year: 1996
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None Available
HOA
- Has HOA: No
Location
- Region: Lebanon
- Municipality: LEBANON CITY
Financial & listing details
- Price per square foot: $143/sqft
- Tax assessed value: $65,400
- Annual tax amount: $2,217
- Date on market: 11/4/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
$115,000
$89,000 - $143,000
$908/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/4/2026 | Listed for sale | $114,900$143/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $2,164 +2.7% | $65,400 |
| 2025 | $2,107 +1.4% | $65,400 |
| 2024 | $2,077 +1.6% | $65,400 |
| 2023 | $2,044 +1.8% | $65,400 |
| 2022 | $2,007 +5.2% | $65,400 |
| 2021 | $1,907 | $65,400 |
| 2020 | $1,907 +270.4% | $65,400 |
| 2019 | $515 -62.3% | $65,400 |
| 2018 | $1,365 +4.1% | $65,400 |
| 2017 | $1,311 +7.3% | $65,400 |
| 2016 | $1,221 | $65,400 |
| 2015 | $1,221 | $65,400 |
| 2014 | $1,221 | $65,400 +760.5% |
| 2012 | -- | $7,600 |
| 2011 | -- | $7,600 |
| 2010 | -- | $7,600 |
| 2009 | -- | $7,600 |
| 2007 | -- | $7,600 +11.8% |
| 2006 | -- | $6,800 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 17042
Nearby schools
Schools provided by the listing agent
- District: Lebanon
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






