For sale

Price cut: $5K (9/26)

$509,999

400 N 9th St, Lebanon, PA 17046

6beds

6baths

3,919sqft

$3,538/mo

Get pre-qualified

Multi Family

Built in 1945

-- sqft lot

$500,000 Zestimate^®

$130/sqft

$-- HOA

What's special

Electric baseboard heatWell-maintained brick building

Excellent opportunity to add a fully occupied 5-unit multifamily property to your investment portfolio! This well-maintained brick building features five 1-bedroom, 1-bath apartments, offering a desirable unit mix with consistent rental demand. The property includes separate electric service with electric baseboard heat and individual electric water heaters for each unit. Public water and sewer service the property, and the roof has seen recent updates during the current ownership. This income-producing asset offers strong long-term investment potential. Don't miss your chance to own this turnkey multifamily property! Please inquire about interior photos.

54 days
165
4

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 6

Basement

Area: 0

Heating

Baseboard, Electric

Cooling

None

Appliances

Included: Electric Water Heater

Features

Has fireplace: No

Interior area

Total structure area: 3,919
Total interior livable area: 3,919 sqft

Property

Parking

Parking features: On Street
Has uncovered spaces: Yes

Accessibility

Accessibility features: None

Features

Pool features: None

Lot

Size: 2,178 Square Feet

Details

Additional structures: Above Grade, Below Grade
Parcel number: 0523373033715460000
Zoning: MULTI UNIT
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Multi Family

Materials

Brick
Foundation: Permanent

Condition

New construction: No
Year built: 1945

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Lebanon
Municipality: LEBANON CITY

Financial & listing details

Price per square foot: $130/sqft
Tax assessed value: $137,800
Annual tax amount: $4,671
Date on market: 8/16/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Ownership: Fee Simple
Total actual rent: 4500

Estimated market value

$500,000

$475,000 - $525,000

$1,177/mo

Price history

Date	Event	Price
9/26/2026	Price change	$509,999-1%$130/sqft
Source: Bright MLS #PALN2028110 Report a problem
8/16/2026	Listed for sale	$515,000+344%$131/sqft
Source: Bright MLS #PALN2028110 Report a problem
9/22/2010	Sold	$116,000$30/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	$4,559 +2.7%	$137,800
2025	$4,439 +1.4%	$137,800
2024	$4,376 +1.6%	$137,800
2023	$4,307 +1.8%	$137,800
2022	$4,230 +5.2%	$137,800
2021	$4,019	$137,800
2020	$4,019 +270.4%	$137,800
2019	$1,085 -62.3%	$137,800
2018	$2,876 +4.1%	$137,800
2017	$2,762 +7.3%	$137,800
2016	$2,573	$137,800
2015	$2,573	$137,800
2014	$2,573	$137,800 +818.7%
2012	--	$15,000
2011	--	$15,000
2010	--	$15,000
2009	--	$15,000
2007	--	$15,000
2006	--	$15,000