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.
For sale
$515,000
400 N 9th St, Lebanon, PA 17046
6beds
6baths
3,919sqft
Multi Family
Built in 1945
-- sqft lot
$498,800 Zestimate®
$131/sqft
$-- HOA
What's special
Electric baseboard heatWell-maintained brick building
- 8 days |
- 159 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Michael Orta 717-454-2303,
Real of Pennsylvania 8554500442,
Listing Team: Michael Orta Team
Source: Bright MLS,MLS#: PALN2028110
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: $131/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
Zestimate®
$498,800
Estimated sales range
$474,000 - $524,000
Rent Zestimate®
$1,321/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/16/2026 | Listed for sale | $515,000+344%$131/sqft |
Source: | ||
| 9/22/2010 | Sold | $116,000$30/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 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 |
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: 17046
Nearby schools
GreatSchools rating
- 4/10Lebanon Intermediate SchoolGrades: 6Distance: 0.1 mi
- 1/10Lebanon Senior High SchoolGrades: 9-12Distance: 1.4 mi
- 3/10Northwest El SchoolGrades: PK-5Distance: 0.6 mi
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.
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