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Sold for $270,000
    • $270,000

    624 Chestnut St, Lebanon, PA 17042

    6beds
    --baths
    6,000sqft
    Triplex
    Built in 1830
    -- sqft lot
    $272,200 Zestimate®
    $45/sqft
    $1,173 Estimated rent

    Home value

    $272,200

    Estimated sales range

    Not available

    $1,173/mo

    Zestimate® history
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    $1,173/mo

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    Rent Zestimate®

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    $1,737/mo

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    $1,737/mo

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    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Timothy Shreiner 717-560-8496,

    Berkshire Hathaway HomeServices Homesale Realty,

    Co-Listing Agent: Corey Shank 717-303-4563,

    Berkshire Hathaway HomeServices Homesale Realty

    Bought with:

    Austin Martin, RS365168

    Iron Valley Real Estate

    Source: Bright MLS,MLS#: PALN2025808MLS Logo

    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: $45/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

    Price history

    DateEventPrice
    7/2/2026Sold$270,000-3.6%$45/sqft
    Source: Bright MLS #PALN2025808 Report a problem
    5/11/2026Pending sale$280,000$47/sqft
    Source: Bright MLS #PALN2025808 Report a problem
    5/6/2026Listed for sale$280,000+1628.4%$47/sqft
    Source: Bright MLS #PALN2025808 Report a problem
    10/22/2019Listing removed$750
    Source: PPM of Central Pa LLC Report a problem
    10/15/2019Listed for rent$750
    Source: PPM of Central Pa LLC Report a problem
    4/3/2018Sold$16,200$3/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax 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

    Neighborhood: 17042

    Nearby homes

    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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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
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    $272,200
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    +$5,444
    With Zillow Showcase(estimated)
    $277,644

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