1127 Walnut St, Lebanon, PA 17042
Local realty services provided by:CENTURY 21 Harris Hawkins & Co.
Listed by: carson michael perlaki
Office: keller williams realty
MLS#:PALN2022438
Source:BRIGHTMLS
Price summary
- Price:$194,900
- Price per sq. ft.:$146.76
About this home
Great investment opportunity in the heart of Lebanon! This well-maintained 2-unit property offers strong rental income and excellent long-term potential. The first-floor unit is a spacious 1-bed/1-bath currently rented at $750/month with rent increasing to $900/month on October 1st. The second-floor unit is also a 1-bed/1-bath currently rented at $750/month with rent increasing to $1,010/month on October 1st. Tenants pay their own electric, while the owner covers water, sewer, trash, and heat. Conveniently located near shopping, dining, and major routes, this property is a solid choice with built-in cash flow and future upside—perfect for adding to your portfolio or starting your real estate investment journey.
Contact an agent
Home facts
- Year built:1920
- Listing ID #:PALN2022438
- Added:111 day(s) ago
- Updated:December 16, 2025 at 12:12 AM
Rooms and interior
- Bedrooms:3
- Living area:1,328 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Hot Water, Natural Gas
Structure and exterior
- Year built:1920
- Building area:1,328 sq. ft.
- Lot area:0.05 Acres
Schools
- High school:LEBANON
- Middle school:LEBANON
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$194,900
- Price per sq. ft.:$146.76
- Tax amount:$2,255 (2025)
New listings near 1127 Walnut St
- Open Sat, 1 to 4pmNew
$185,000Active3 beds 2 baths1,568 sq. ft.77 Bauer Dr, LEBANON, PA 17046
MLS# PALN2023930Listed by: BERKSHIRE HATHAWAY HOMESERVICES HOMESALE REALTY - New
$400,000Active2 beds 2 baths1,462 sq. ft.1899 State Route 72 N, LEBANON, PA 17046
MLS# PALN2024048Listed by: SUBURBAN REALTY - New
$65,000Active3 beds 2 baths952 sq. ft.472 S Lancaster Street ##8, LEBANON, PA 17046
MLS# PALN2023914Listed by: KELLER WILLIAMS REALTY - New
$250,000Active3 beds 2 baths1,280 sq. ft.925 Reinoehl St, LEBANON, PA 17046
MLS# PALN2024040Listed by: BERKSHIRE HATHAWAY HOMESERVICES HOMESALE REALTY - Open Sat, 1 to 3pmNew
$200,000Active3 beds 2 baths1,900 sq. ft.39 Mine Rd, LEBANON, PA 17042
MLS# PALN2024032Listed by: KINGSWAY REALTY - EPHRATA - New
$250,000Active2 beds 1 baths848 sq. ft.610 Hill St, LEBANON, PA 17046
MLS# PALN2024020Listed by: KELLER WILLIAMS ELITE - New
$174,900Active3 beds 1 baths1,170 sq. ft.421 N 22nd St, LEBANON, PA 17046
MLS# PALN2024004Listed by: IRON VALLEY REAL ESTATE - New
$239,000Active4 beds 2 baths1,665 sq. ft.333 E Locust St, LEBANON, PA 17042
MLS# PALN2023984Listed by: SUBURBAN REALTY - New
$514,000Active2 beds 2 baths1,469 sq. ft.117 Blackford Blvd #111, LEBANON, PA 17042
MLS# PALN2023986Listed by: RE/MAX CORNERSTONE - New
$519,000Active2 beds 2 baths1,469 sq. ft.117 Blackford Blvd #211, LEBANON, PA 17042
MLS# PALN2023988Listed by: RE/MAX CORNERSTONE
Protect your home and budget with an American Home Shield© home warranty. Learn more©2025 Century 21 Real Estate LLC. All rights reserved. CENTURY 21®, the CENTURY 21 Logo and C21® are service marks owned by Century 21 Real Estate LLC. Century 21 Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Listing information is deemed reliable but not guaranteed accurate.