Well maintained 5 Unit Apartment Building. All units are currently occupied. Rent roll $54,840 gross annual income. Several units have long term tenants. Solid surface flooring throughout each unit. Prime location with easy access to utilities for service. Coin laundry provided by Landlord, creates additional $600-800/ year income.
For sale
Price cut: $25K (9/4)
$499,999
523 Walnut St, Lebanon, PA 17042
5beds
5baths
3,240sqft
Townhouse
Built in 1930
-- sqft lot
$488,800 Zestimate®
$154/sqft
$-- HOA
What's special
- 47 days
- 165
- 5
Zillow last checked:
Listing updated:
Listed by:
Ashlee Stutzman 717-224-9966,
Bering Real Estate Co. 7176413210
Source: Bright MLS,MLS#: PALN2028244
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
Heating
- Forced Air, Oil
Cooling
- Wall Unit(s), Ceiling Fan(s), Electric
Appliances
- Included: Refrigerator, Cooktop, Electric Water Heater
Features
- Attic
- Flooring: Carpet, Vinyl
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,240
- Total interior livable area: 3,240 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 1,742 Square Feet
Details
- Additional structures: Above Grade
- Parcel number: 0123392683684640000
- Zoning: RESIDENTIAL
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Townhouse
Materials
- Aluminum Siding
- Foundation: Block
- Roof: Rubber
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Available, Sewer Available, Cable Connected, Electricity Available, Natural Gas Available
Community & HOA
Community
- Subdivision: Lebanon City
Location
- Region: Lebanon
- Municipality: LEBANON CITY
Financial & listing details
- Price per square foot: $154/sqft
- Tax assessed value: $158,200
- Annual tax amount: $4,614
- Date on market: 8/23/2026
- Listing agreement: Exclusive Agency
- Listing terms: Cash,Conventional
- Inclusions: All Landlord Owned Appliances
- Exclusions: All Tenant Owned Appliances And Personal Property
- Ownership: Fee Simple
- Total actual rent: 54840
- Income includes: Laundry, Apartment Rentals
Estimated market value
$488,800
$464,000 - $513,000
$1,241/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2026 | Price change | $499,999-4.8%$154/sqft |
Source: | ||
| 8/23/2026 | Listed for sale | $525,000$162/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
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.







