Pending

$280,000

624 Chestnut St, Lebanon, PA 17042

6beds

--baths

6,000sqft

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Triplex

Built in 1830

-- sqft lot

$280,500 Zestimate^®

$47/sqft

$-- HOA

What's special

Character and charmLarge spacious units

Turnkey 3-unit investment opportunity in the heart of Lebanon! This fully rented multi-family property offers immediate cash flow and a strong return on investment for savvy investors looking to expand their portfolio. Featuring large, spacious units with character and charm, this property blends modern income potential with a true piece of Lebanon history. Owner-paid heat is kept affordable with a newer high-efficiency gas heating system, helping minimize operating expenses and maximize profitability. Well-positioned with strong rental demand, this is a solid income-producing asset with long-term upside.

51 days

45

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6

Basement

Area: 0

Heating

Radiator, Natural Gas

Cooling

None

Appliances

Included: Electric Water Heater

Features

Basement: Interior Entry
Has fireplace: No

Interior area

Total structure area: 6,000
Total interior livable area: 6,000 sqft

Property

Parking

Parking features: On Street
Has uncovered spaces: Yes

Accessibility

Accessibility features: None

Features

Pool features: None

Lot

Size: 4,792 Square Feet

Details

Additional structures: Above Grade, Below Grade
Parcel number: 0123387233687700000
Zoning: OFFICE & INSTITUTIONAL
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex

Materials

Brick
Foundation: Other

Condition

New construction: No
Year built: 1830

Utilities & green energy

Sewer: Public Septic
Water: Public

Community & HOA

Location

Region: Lebanon
Municipality: LEBANON CITY

Financial & listing details

Price per square foot: $47/sqft
Tax assessed value: $147,900
Annual tax amount: $4,893
Date on market: 5/6/2026
Listing agreement: Exclusive Agency
Listing terms: Cash,Conventional
Inclusions: Stoves, Refrigerators
Exclusions: Tenant Belongings
Ownership: Fee Simple

Estimated market value

$280,500

$266,000 - $295,000

$1,146/mo

Price history

Date	Event	Price
5/11/2026	Pending sale	$280,000$47/sqft
Source: Bright MLS #PALN2025808 Report a problem
5/6/2026	Listed for sale	$280,000+1628.4%$47/sqft
Source: Bright MLS #PALN2025808 Report a problem
10/22/2019	Listing removed	$750
Source: PPM of Central Pa LLC Report a problem
10/15/2019	Listed for rent	$750
Source: PPM of Central Pa LLC Report a problem
4/3/2018	Sold	$16,200$3/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,764 +1.4%	$147,900
2024	$4,696 +1.6%	$147,900
2023	$4,622 +1.8%	$147,900
2022	$4,540 +5.2%	$147,900
2021	$4,313	$147,900
2020	$4,313 +270.4%	$147,900
2019	$1,164 -62.3%	$147,900
2018	$3,087 +4.1%	$147,900
2017	$2,964 +7.3%	$147,900
2016	$2,761	$147,900
2015	$2,761	$147,900
2014	$2,761	$147,900 +628.6%
2012	--	$20,300
2011	--	$20,300
2010	--	$20,300
2009	--	$20,300
2007	--	$20,300
2006	--	$20,300

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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