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Sold for $400,000
  • $400,000

    525 N 8th St, Lebanon, PA 17046

    10beds
    4baths
    2,700sqft
    Quadruplex
    Built in 1940
    -- sqft lot
    $400,300 Zestimate®
    $148/sqft
    $1,228 Estimated rent

    Home value

    $400,300

    $380,000 - $420,000

    $1,228/mo

    Zestimate® history
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    What's special

    Solid all-brick three-unit building
    Great Investment Opportunity – 4 Unit Property! Well-maintained four-unit property featuring a solid all-brick three-unit building in the front plus a separate single-family unit in the rear. The front triplex offers strong rental appeal with separate heat and hot water for each unit, with tenants responsible for their own utilities. The landlord currently covers water, sewer, and trash for the front building. The rear unit is fully independent, with the tenant responsible for all utilities, making it an ideal setup for maximizing cash flow. Two units are currently vacant and recently updated with fresh paint and new flooring, providing an excellent opportunity for an owner-occupant or investor to set market rents immediately. Key Features:     •    4 total units (3 front, 1 rear)     •    All-brick front building     •    Separate utilities in front units (heat & hot water)     •    Rear unit pays all utilities     •    Two units recently refreshed     •    Strong income potential Don’t miss this versatile property with multiple income streams and value-add potential! gross income is 51000 with 7808 in yearly expenses 43192 Net income for a 10% cap rate see documents for more detailed numbers

    Zillow last checked:

    Listing updated:

    Listed by:

    John Miller 717-679-4863,

    Suburban Realty

    Bought with:

    Jonathan Wyse, RS322524

    Coldwell Banker Realty

    Source: Bright MLS,MLS#: PALN2025416MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 4
    Basement
    • Area: 0
    Heating
    • Baseboard, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Electric Water Heater
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 2,700
    • Total interior livable area: 2,700 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 5,663 sqft
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 0523375733723050000
    • Zoning: RESIDENTIAL
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Quadruplex
    Materials
    • Brick, Vinyl Siding
    • Foundation: Stone
    Condition
    • New construction: No
    • Year built: 1940

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Lebanon
    • Municipality: LEBANON CITY

    Other

    Other facts
    • Listing agreement: Exclusive Agency
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    6/26/2026Sold$400,000-4.7%$148/sqft
    Source: Bright MLS #PALN2025416 Report a problem
    5/21/2026Pending sale$419,900$156/sqft
    Source: Bright MLS #PALN2025416 Report a problem
    4/30/2026Price change$419,900-2.3%$156/sqft
    Source: Bright MLS #PALN2025416 Report a problem
    3/30/2026Listed for sale$429,900+59.2%$159/sqft
    Source: Bright MLS #PALN2025416 Report a problem
    5/21/2024Sold$270,000$100/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,040 +1.4%$125,400
    2024$3,982 +1.6%$125,400
    2023$3,919 +1.8%$125,400
    2022$3,849 +5.2%$125,400
    2021$3,657 $125,400
    2020$3,657 +270.4%$125,400
    2019$987 -62.3%$125,400
    2018$2,617 +4.1%$125,400
    2017$2,513 +7.3%$125,400
    2016$2,341 $125,400
    2015$2,341 $125,400
    2014$2,341 $125,400 +637.6%
    2012-- $17,000
    2011-- $17,000
    2010-- $17,000
    2009-- $17,000
    2007-- $17,000
    2006-- $17,000

    Find assessor info on the county website

    Neighborhood: 17046

    Nearby schools

    GreatSchools rating
    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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    Sell for more on Zillow
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    $400,300
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    +$8,006
    With Zillow Showcase(estimated)
    $408,306