Great opportunity to own a solid 5-unit mixed-use building with 3 residential apartments and 2 commercial storefronts. The two storefront spaces each rent for $700 per month, and the residential units are rented at $1,030 for unit #1, $1,100 for unit #2, and $1,245 unit #3 with annual gross rents at $57,300.. All 5 units have separate gas heat. The electric is separated except for unit #1 is on owners meter. Major improvements have been made within the last 4 years including updating unit 2 and 3, new roof and new store fronts. This is a great property to add to your investment portfolio offering a strong, diversified income stream from both residential and commercial units making it an attractive addition to any portfolio.
Great 2-unit investment property in Lebanon. Unit #1 consists of a 1-bedroom on first floor currently rented for $1,030 per month with forced air oil heat. Unit #2 includes a 3-bedroom unit rented at $1,400 per month with electric baseboard heat.Both units have separate electric meters. Ideal for investors seeking a value-add property or an owner-occupant looking to offset expenses with rental income. Conveniently located and priced to sell—don’t miss this opportunity.
Solid Brick Semi-Detached Duplex – Smart Investment Opportunity This two-unit brick semi-detached property offers a rare blend of durability, cash-flow potential, and long-term value. With two separate units, it’s ideal for generating consistent rental income or living in one unit while renting the other to offset expenses. The classic brick exterior provides low maintenance and lasting curb appeal, while the semi-detached design offers the feel of a single-family home with the benefits of a multi-unit investment. Strong rental demand, separate utilities, and flexible leasing options make this a turnkey addition to any portfolio or a solid first step into multi-family ownership. Call today for a private showing.
5-Unit Apartment Building with Storage – Lebanon City An exceptional investment opportunity in the heart of Lebanon City. This well-maintained property offers five spacious apartments plus six storage units, creating multiple income streams and strong overall returns. The apartment mix includes three 2-bedroom/1-bath units and two 1-bedroom/1-bath units, all in good condition with numerous updates completed within the past two years. Professional management is already in place and willing to continue, making this a true turnkey investment. With consistent rental income, added revenue from storage units, and a location in a growing market, this property is well-positioned for both stability and long-term growth. A solid addition to any investment portfolio—don’t miss the opportunity to own in thriving Lebanon City.
North Lebanon Duplex – Excellent two-unit property featuring (1) 1BR unit and (1) 2BR unit. Whether you are a first-time investor or looking to grow your portfolio, this north-side property provides a great opportunity.
This spacious two-unit building offers over 3,600 sq. ft. of living space with several recent updates. The first-floor unit includes three bedrooms, one bathroom, a formal dining room, and a kitchen. The second-floor unit has been recently renovated and features two bedrooms, one bathroom, a kitchen, a living room, and direct access to a finished attic for additional square footage. Over 10% Cap Rate at Market Rents. Low Taxes and Natural Gas Heat. The property includes off-street parking and is situated within walking distance of downtown amenities. Rare opportunity to own a very large duplex is well-suited for both owner-occupants and investors looking for a high-value rental property.
Situated on a peaceful 1.29-acre lot in South Lebanon Township, this unique Low Density Residential–zoned property offers exceptional flexibility for owner-occupants, residential living, or income-producing use. Built in 1977, the property features a contemporary ranch-style main residence with a substantial addition, an attached in-law suite with a private entrance, and a detached two-car garage with a spacious two-bedroom apartment above—creating up to three separate living spaces on one parcel. The main home offers 2 bedrooms and 1.5 full bathrooms (originally a 3-bedroom layout), along with traditional living and dining rooms adjacent to the kitchen. A standout feature is the large 28’ x 34’ addition with vaulted ceilings, providing an impressive family room or entertainment space. The main house includes central air conditioning, a rear deck, and access to the basement, which houses the mechanicals and offers abundant storage. The attached in-law suite, currently rented as a separate apartment, includes 1 bedroom and 1 full bathroom, its own living space, central air conditioning, and an electric heat pump. The owner currently pays electric for this unit. This space is ideal for extended family, guests, or continued rental income. The detached garage is exceptionally versatile, featuring a large two-car garage bay, its own restroom, and extensive storage. Above the garage is a well-sized 2-bedroom, 1-bath apartment, currently rented, with tenant-paid electric, oil boiler heat serving the garage and apartment, and no cooling. This apartment provides excellent separation and privacy. The property is served by well and septic for all structures, with public sewer available at the street. Outdoors, the property truly shines with a large, beautiful yard, an operational in-ground pool, and ample space for recreation and relaxation. In addition to the two-car garage, the property offers plenty of off-street parking with two separate driveways, easily accommodating multiple households or guests. 645 S 14th Avenue delivers space, privacy, and versatility in a quiet yet convenient Lebanon County location.
Two unit apartment currently occupied with the firsts floor at 925 and the second floor at 1200 per month. Tenants pay electric. Owner pays water sewer and trash. 24-48 notice for showings
720 Lehman Street, Lebanon – Excellent income-producing 5-unit property in a desirable Lebanon neighborhood! This well-maintained building features four rented rooms that share a spacious, updated kitchen, plus one private 1-bedroom apartment with its own kitchen and living area. The property is in good condition and offers reliable rental income with strong upside potential. Conveniently located close to downtown Lebanon, shopping, and public transportation. Financials will be available soon — a great opportunity for investors seeking a solid, cash-flowing property in a growing area.
This beautifully remodeled brick duplex presents an exceptional opportunity for investors. The first-floor unit features a modern 2-bedroom layout with an updated kitchen and bathroom. It also offers convenient access to the basement and a private rear patio, ideal for relaxing or entertaining guests. On the second floor, the spacious 4-bedroom unit includes a well-equipped kitchen and a balcony, providing a delightful space for outdoor enjoyment. Both units have contemporary mini-split units to ensure efficient heating and cooling throughout the year. Currently, the property generates $36,000 in rental income annually. This is a fantastic chance to own a well-maintained, income-producing property.
Lebanon is located in Pennsylvania. Lebanon, Pennsylvania has a population of 26,611. Lebanon is less family-centric than the surrounding county with 21.88% of the households containing married families with children. The county average for households married with children is 28.25%.
The median household income in Lebanon, Pennsylvania is $42,382. The median household income for the surrounding county is $66,164 compared to the national median of $69,021. The median age of people living in Lebanon is 36.9 years.
The average high temperature in July is 84.7 degrees, with an average low temperature in January of 20.6 degrees. The average rainfall is approximately 42.8 inches per year, with 24.9 inches of snow per year.