For sale

Price cut: $900 (7/29)

$199,000

827 Chestnut St, Lebanon, PA 17042

2beds

--baths

1,568sqft

$1,314/mo

Get pre-qualified

Townhouse

Built in 1920

-- sqft lot

$-- Zestimate^®

$127/sqft

$-- HOA

What's special

Strong visibility

Seller is open to owner finance offers. Great opportunity for anyone looking to get into the rental game, or add 2 units to the portfolio creatively! Excellent investment or owner-occupant opportunity in the heart of Lebanon City! This mixed-use property features a vacant first-floor commercial space ready for your business or next tenant, plus a spacious 2-bedroom, 1-bath apartment on the second floor currently rented for $1,000/month. Conveniently located right between the Lebanon Farmers Market and the Post Office, this property benefits from strong visibility, steady traffic, and easy access to downtown amenities. Whether you're looking to expand your portfolio, start a business, or house hack, this property offers endless potential in a prime location.

84 days

574

23

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2

Basement

Area: 0

Heating

Hot Water, Natural Gas

Cooling

Window Unit(s)

Appliances

Included: Electric Water Heater

Features

Has fireplace: No

Interior area

Total structure area: 1,568
Total interior livable area: 1,568 sqft

Property

Parking

Parking features: On Street
Has uncovered spaces: Yes

Accessibility

Accessibility features: 2+ Access Exits

Features

Pool features: None

Lot

Size: 1,307 Square Feet

Details

Additional structures: Above Grade, Below Grade
Parcel number: 0223377053687690000
Zoning: COMMERCIAL – MIXED USE
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Colonial
Property subtype: Townhouse

Materials

Brick
Foundation: Stone

Condition

New construction: No
Year built: 1920

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Lebanon
Municipality: LEBANON CITY

Financial & listing details

Price per square foot: $127/sqft
Tax assessed value: $95,400
Annual tax amount: $3,156
Date on market: 5/21/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Conventional,Cash
Ownership: Fee Simple

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/29/2026	Price change	$199,000-0.5%$127/sqft
Source: Bright MLS #PALN2026310 Report a problem
6/22/2026	Price change	$199,900-9.1%$127/sqft
Source: Bright MLS #PALN2026310 Report a problem
5/21/2026	Listed for sale	$219,900+144.3%$140/sqft
Source: Bright MLS #PALN2026310 Report a problem
6/19/2023	Listing removed	--
Source: Bright MLS #PALN118908 Report a problem
6/22/2021	Sold	$90,000-9.9%$57/sqft
Source: Public Record Report a problem
5/21/2021	Pending sale	$99,900$64/sqft
Source: Bright MLS #PALN118908 Report a problem
5/18/2021	Listed for sale	$99,900+66.5%$64/sqft
Source: Bright MLS #PALN118908 Report a problem
7/15/2019	Sold	$60,000$38/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,073 +1.4%	$95,400
2024	$3,029 +1.6%	$95,400
2023	$2,982 +1.8%	$95,400
2022	$2,928 +5.2%	$95,400
2021	$2,782	$95,400
2020	$2,782 +270.4%	$95,400
2019	$751 -62.3%	$95,400
2018	$1,991 +4.1%	$95,400
2017	$1,912 +7.3%	$95,400
2016	$1,781	$95,400
2015	$1,781	$95,400