513 CHESTNUT ST, Lebanon, PA 17042
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513 CHESTNUT ST, Lebanon, PA 17042
513 CHESTNUT ST, Lebanon, PA 17042
513 CHESTNUT ST, Lebanon, PA 17042
513 CHESTNUT ST, Lebanon, PA 17042
Listed by JOY DANIELS • Joy Daniels Real Estate Group, Ltd
Bought with Johanna Orosa • Coldwell Banker Realty

$380,000

Est. payment /mo

$399,900

5.0%
Est.Price: ?

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513 CHESTNUT ST Lebanon, PA 17042

4,510 SqFt

SOLD DATE : 04/30/2026

Key Details

Sold Price $380,000

Property Type Multi-Family

Sub Type End of Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 4,510 sqft

Price per Sqft $84

Subdivision None Available

MLS Listing ID PALN2024390

Sold Date 04/30/26

Style Traditional

Abv Grd Liv Area 4,510

Year Built 1939

Available Date 2026-02-16

Annual Tax Amount $6,257

Tax Year 2025

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type End of Row/Townhouse

Source BRIGHT

Property Description

Well-maintained and fully rented duplex in Lebanon City! This clean, income-producing property features two spacious apartments with approximately 2,000 square feet each, offering a total of 4 bedrooms. The generous layout makes each unit ideal for large families seeking ample living space. Recent improvements include a new roof, providing peace of mind for the next owner. Each unit is well cared for and tenant-occupied, making this a turnkey investment opportunity. The property also includes a 3-bay garage plus additional off-street parking spaces, all of which offer extra rental income potential. Convenient location close to downtown Lebanon, shopping, and major routes. A solid addition to any investor's portfolio!

Investment Opportunity – Fully Rented 2-Unit Property
Unit 1: $1,600/month
Unit 2: $1,700/month
Garage: $300/month
Parking spaces:  $180/month 
Total Annual income: $43,200

Location

State PA

County Lebanon

Area Lebanon City (13201)

Zoning RESIDENTIAL

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

Exterior

Parking Features Garage - Rear Entry

Garage Spaces 12.0

Water Access N

Roof Type Rubber,Shingle

Accessibility Other

Total Parking Spaces 12

Garage Y

Building

Foundation Stone

Above Ground Finished SqFt 4510

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Lebanon

Others

Tax ID 01-2339258-369030-0000

Ownership Fee Simple

SqFt Source 4510

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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