Attention Investors! Don't miss this turnkey investment opportunity with immediate rental income. This Lebanon City property is tenant-occupied by a long-term resident currently on a month-to-month lease at $1,450 per month, with the tenant paying all utilities, including water and sewer. Even better, all kitchen appliances are owned and supplied by the tenant, reducing the owner's maintenance and replacement costs. Current ownership expenses are limited to annual real estate taxes, mortgage, and approximately $823 per year for homeowner's insurance. The tenant has expressed a strong desire to remain in the home, providing an excellent opportunity for continued cash flow. Should the new owner choose to occupy the property or pursue another use, the tenant will require a 60-day notice to vacate. Whether you're adding to an established portfolio or purchasing your first investment property, this income-producing home offers immediate returns and a reliable tenant in place. Schedule your showing today and explore the potential this property has to offer.
For sale
$155,000
757 Locust St, Lebanon, PA 17042
3beds
1,392sqft
Townhouse
Built in 1930
1,307 Square Feet Lot
$147,800 Zestimate®
$111/sqft
$-- HOA
What's special
- 62 days
- 346
- 36
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Jerry Gostomski 717-679-2569,
RE/MAX Pinnacle 7172708808
Source: Bright MLS,MLS#: PALN2027660
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Basement
- Description: Percent Finished: 0.0
- Area: 648
Heating
- Forced Air, Oil
Cooling
- None
Appliances
- Included: Electric Water Heater
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,040
- Total interior livable area: 1,392 sqft
- Finished area above ground: 1,392
- Finished area below ground: 0
Property
Parking
- Parking features: On Street, Other
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 1,307 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 0123383203677140000
- Zoning: RESIDENTIAL
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Straight Thru
- Property subtype: Townhouse
Materials
- Vinyl Siding, Stick Built
- Foundation: Stone
- Roof: Shingle
Condition
- Good
- New construction: No
- Year built: 1930
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Ward 1
HOA
- Has HOA: No
Location
- Region: Lebanon
- Municipality: LEBANON CITY
Financial & listing details
- Price per square foot: $111/sqft
- Tax assessed value: $51,300
- Annual tax amount: $1,739
- Date on market: 7/27/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Exclusions: All Tenant Property Including Appliances.
- Ownership: Fee Simple
Estimated market value
$147,800
$140,000 - $155,000
$1,411/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/27/2026 | Listed for sale | $155,000+10.7%$111/sqft |
Source: | ||
| 11/18/2024 | Listing removed | $1,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/31/2024 | Listed for rent | $1,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/16/2024 | Sold | $140,000+12%$101/sqft |
Source: | ||
| 8/19/2024 | Pending sale | $125,000$90/sqft |
Source: | ||
| 8/7/2024 | Listed for sale | $125,000+57.4%$90/sqft |
Source: | ||
| 8/31/2016 | Listing removed | $79,400$57/sqft |
Source: CENTURY 21 Krall Real Estate #241292 Report a problem | ||
| 6/3/2016 | Price change | $79,400-3.2%$57/sqft |
Source: CENTURY 21 Krall Real Estate #241292 Report a problem | ||
| 9/15/2015 | Listed for sale | $82,000-3.5%$59/sqft |
Source: CENTURY 21 Krall Real Estate #241292 Report a problem | ||
| 1/4/2007 | Sold | $85,000+174.2%$61/sqft |
Source: Public Record Report a problem | ||
| 10/3/2005 | Sold | $31,000$22/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $1,697 +2.7% | $51,300 |
| 2025 | $1,653 +1.4% | $51,300 |
| 2024 | $1,629 +1.6% | $51,300 |
| 2023 | $1,603 +1.8% | $51,300 |
| 2022 | $1,575 +5.2% | $51,300 |
| 2021 | $1,496 | $51,300 |
| 2020 | $1,496 +270.4% | $51,300 |
| 2019 | $404 -35.6% | $51,300 |
| 2018 | $627 +6.1% | $51,300 |
| 2017 | $591 +17.5% | $51,300 +4.7% |
| 2016 | $503 | $49,000 |
| 2015 | $503 | $49,000 |
| 2014 | $503 | $49,000 +553.3% |
| 2012 | -- | $7,500 |
| 2011 | -- | $7,500 |
| 2010 | -- | $7,500 |
| 2009 | -- | $7,500 |
| 2007 | -- | $7,500 |
| 2006 | -- | $7,500 |
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: 17042
Nearby schools
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.






