Fully rented duplex opportunity in Lebanon with immediate income and strong upside potential. This is a great property that features two occupied units, providing consistent rental income from day one. With current rents below market value, there is clear opportunity for increased cash flow through future rent adjustments. Whether you’re looking to expand your portfolio or secure a solid entry into real estate investing, this property offers both stability and growth potential. Conveniently located near local amenities, this is a great opportunity for investors seeking a property with room to maximize returns.
For sale
Price cut: $5K (7/27)
$224,000
135 S 11th St, Lebanon, PA 17042
3beds
--baths
1,217sqft
Townhouse
Built in 1900
-- sqft lot
$221,900 Zestimate®
$184/sqft
$-- HOA
What's special
- 138 days |
- 346 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Christine Nolt 717-517-0407,
Kingsway Realty - Lancaster (717) 569-8701,
Listing Team: The Nolt Team, Co-Listing Team: The Nolt Team,Co-Listing Agent: Krystal Ann Sauder 717-618-9618,
Kingsway Realty - Lancaster
Source: Bright MLS,MLS#: PALN2025376
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
Basement
- Area: 0
Heating
- Hot Water, Radiator, Natural Gas
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 1,217
- Total interior livable area: 1,217 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 1,307 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 0223368113682410000
- Zoning: RES
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Stone
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Lebanon
- Municipality: LEBANON CITY
Financial & listing details
- Price per square foot: $184/sqft
- Tax assessed value: $63,500
- Annual tax amount: $2,100
- Date on market: 4/3/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
- Total actual rent: 1745
Estimated market value
Zestimate®
$221,900
Estimated sales range
$211,000 - $233,000
Rent Zestimate®
$1,216/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/27/2026 | Price change | $224,000-2.2%$184/sqft |
Source: | ||
| 4/3/2026 | Listed for sale | $229,000+23.8%$188/sqft |
Source: | ||
| 1/3/2025 | Sold | $185,000+45.7%$152/sqft |
Source: | ||
| 6/21/2023 | Sold | $127,000+195.3%$104/sqft |
Source: Public Record Report a problem | ||
| 9/29/2008 | Sold | $43,000$35/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,046 +1.4% | $63,500 |
| 2024 | $2,016 +1.6% | $63,500 |
| 2023 | $1,985 +1.8% | $63,500 |
| 2022 | $1,949 +5.2% | $63,500 |
| 2021 | $1,852 | $63,500 |
| 2020 | $1,852 +270.4% | $63,500 |
| 2019 | $500 -62.3% | $63,500 |
| 2018 | $1,325 +4.1% | $63,500 |
| 2017 | $1,273 +7.3% | $63,500 |
| 2016 | $1,186 | $63,500 |
| 2015 | $1,186 | $63,500 |
| 2014 | $1,186 | $63,500 +781.9% |
| 2012 | -- | $7,200 |
| 2011 | -- | $7,200 |
| 2010 | -- | $7,200 |
| 2009 | -- | $7,200 |
| 2007 | -- | $7,200 |
| 2006 | -- | $7,200 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 17042
Nearby schools
GreatSchools rating
- 4/10Harding El SchoolGrades: PK-5Distance: 0.4 mi
- 4/10Lebanon Intermediate SchoolGrades: 6Distance: 0.6 mi
- 1/10Lebanon Senior High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Middle: Lebanon
- High: Lebanon
- 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.
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