513 Chestnut St, Lebanon, PA 17042

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Sold Price
$380,000
List Price
$399,900
Closing Date
Apr 30, 2026
Days on Market
50
Status
CLOSED
MLS#
PALN2024390
Living Area
4,510
Lot Size (Acres)
0.17
Style
Traditional
Year Built
1939
County
Lebanon
School District
Lebanon

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

Additional Information

Area
Lebanon City (13201)
Subdivision
None Available
School District
Lebanon
Garage Spaces
3
Heating
Forced Air
Cooling
Central Air
Roof
Rubber, Shingle
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Joy Daniels Real Estate Group, Ltd. Contact:

Selling Office: Coldwell Banker Realty.