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Lebanon, PA Apartment Buildings for Sale

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Downtown Mixed-Use Income Property
Updated: May 27
Downtown Mixed-Use Income Property

211 N 8TH Street, Lebanon, PA 17046

$325,000
6,973 sqft 0.11 AC lot
Downtown Lebanon mixed‑use building with nearly 7,000 sq. ft. and 6 total units
Street‑level commercial storefront plus apartment units on the 2nd and 3rd floors
Apartment mix: two 2‑bedroom units on the 2nd floor and two 2‑bedroom units on the 3rd floor
Includes warehouse space with rear alley access and off‑street parking
Brick construction; heated by baseboard and hot water (heating)
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Downtown Mixed-Use Building
Updated: Jul 20
Downtown Mixed-Use Building

211 N 8th St, Lebanon, PA 17046

$325,000
6,973 sqft
Mixed‑use downtown Lebanon property built in 1920 with nearly 7,000 sq. ft. and 6 units
Street‑level commercial storefront plus warehouse space with rear alley access
Two second‑floor apartments, each with 2 bedrooms
City parking directly behind the building available for a low monthly fee
Sold as‑is and requires major rehabilitation/full renovation
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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 75 Potential Opportunities for your consideration. Besides 2 Active listings in Lebanon, PA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

5-Unit Multifamily Income Property
5-Unit Multifamily Income Property

6000 Chambers Hill Road, Harrisburg, PA 17111

$750,000
4,300 sqft 1.05 AC lot

Five-unit multifamily property with all 2-bedroom, 2-bath apartments and on-site parking on a 1.05-acre parcel.

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Townhome Multifamily Investment
Townhome Multifamily Investment

804 S 82ND STREET, Harrisburg, PA 17111

$3,200,000
0.83 AC lot

Twelve townhomes built in 2018 with vinyl siding and on-site parking, all currently leased.

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Historic 71-Unit Apartment Community
Historic 71-Unit Apartment Community

155 S Poplar St, Elizabethtown, PA 17022

Contact for pricing
59,495 sqft

Fully occupied, restored 1905 shoe-factory building with studio and one-bedroom apartments and a landscaped courtyard.

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Apartment Building with 19 Units
Apartment Building with 19 Units

401 N Market St, Elizabethtown, PA 17022

Contact for pricing

Apartment building offering 19 residential units for sale.

View details

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Land Near Shepherd University
Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000
3.70 AC lot

Prime land near Shepherd University with development potential.

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Central Business Zoned Development Land
Central Business Zoned Development Land

107 HOWARD Street, La Plata, MD 20646

$250,000
0.23 AC lot

Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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Detached Two-Family Residence
Detached Two-Family Residence

69 Martense Street, Brooklyn, NY 11226

$1,888,888
0.10 AC lot

Detached two-family home with two 3-bedroom apartments and a semi-finished basement featuring a separate entrance.

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Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

View details

Off-Market Properties in Lebanon, PA

Consider similar Off-Market properties in Lebanon, PA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1201 Crestview Dr
GARDEN APT, COURT APT (5+ UNITS)

1201 Crestview Dr, Lebanon, PA 17042-7312

$3,580,000
Estimated value
53,370 sqft 4.01 AC lot
View details
1504 Walnut St
GARDEN APT, COURT APT (5+ UNITS)

1504 Walnut St, Lebanon, PA 17042-4568

Value Estimation by Request
4,032 sqft 0.32 AC lot
View details
941 Mt Zion Rd
APARTMENT HOUSE (5+ UNITS)

941 Mt Zion Rd, Lebanon, PA 17046-2243

$620,000
Estimated value
24.65 AC lot
View details
46 8th St
HIGH-RISE APARTMENTS

46 8th St, Lebanon, PA 17042-5249

$2,915,000
Estimated value
19,536 sqft 0.12 AC lot
View details
17 6th St
GARDEN APT, COURT APT (5+ UNITS)

17 6th St, Lebanon, PA 17046-4872

$810,000
Estimated value
8,800 sqft 0.05 AC lot
View details
51 Vly Rd
GARDEN APT, COURT APT (5+ UNITS)

51 Vly Rd, Lebanon, PA 17042

Value Estimation by Request
4,748 sqft 0.92 AC lot
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71 Vly Rd
GARDEN APT, COURT APT (5+ UNITS)

71 Vly Rd, Lebanon, PA 17042

Value Estimation by Request
4,868 sqft 1.04 AC lot
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43 Vly Rd
GARDEN APT, COURT APT (5+ UNITS)

43 Vly Rd, Lebanon, PA 17042

Value Estimation by Request
4,992 sqft 1.61 AC lot
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61 Vly Rd
GARDEN APT, COURT APT (5+ UNITS)

61 Vly Rd, Lebanon, PA 17042

Value Estimation by Request
5,180 sqft 0.99 AC lot
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91 Vly Rd
GARDEN APT, COURT APT (5+ UNITS)

91 Vly Rd, Lebanon, PA 17042

Value Estimation by Request
4,916 sqft 1.16 AC lot
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81 Vly Rd
GARDEN APT, COURT APT (5+ UNITS)

81 Vly Rd, Lebanon, PA 17042

Value Estimation by Request
4,508 sqft 1.04 AC lot
View details
136 9th St
APARTMENT HOUSE (UNDER 5 UNITS)

136 9th St, Lebanon, PA 17046-4903

Value Estimation by Request
3,998 sqft 0.20 AC lot
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Ns Alamo Way
GARDEN APT, COURT APT (5+ UNITS)

Ns Alamo Way, Lebanon, PA 17042

Value Estimation by Request
11.21 AC lot
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114 Blackford Blvd
HIGH-RISE APARTMENTS

114 Blackford Blvd, Lebanon, PA 17042-4888

$1,380,000
Estimated value
125,000 sqft 3.32 AC lot
View details
341 2nd Ave
GARDEN APT, COURT APT (5+ UNITS)

341 2nd Ave, Lebanon, PA 17046-3909

Value Estimation by Request
5,335 sqft 0.17 AC lot
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243 10th St
GARDEN APT, COURT APT (5+ UNITS)

243 10th St, Lebanon, PA 17042-5913

Value Estimation by Request
3,688 sqft 0.08 AC lot
View details
128 Cumberland St
APARTMENT HOUSE (UNDER 5 UNITS)

128 Cumberland St, Lebanon, PA 17042

Value Estimation by Request
3,890 sqft 0.38 AC lot
View details
609 Chestnut St
GARDEN APT, COURT APT (5+ UNITS)

609 Chestnut St, Lebanon, PA 17042-5222

Value Estimation by Request
2,650 sqft 0.43 AC lot
View details
428 11th St
APARTMENT HOUSE (UNDER 5 UNITS)

428 11th St, Lebanon, PA 17046-4637

Value Estimation by Request
3,602 sqft 0.10 AC lot
View details
210 Springwood Dr
HIGH-RISE APARTMENTS

210 Springwood Dr, Lebanon, PA 17042-6716

$560,000
Estimated value
98,415 sqft 2.18 AC lot
View details
16 2nd Ave
APARTMENT HOUSE (UNDER 5 UNITS)

16 2nd Ave, Lebanon, PA 17042-5415

Value Estimation by Request
3,921 sqft 0.41 AC lot
View details
2075 Water St
GARDEN APT, COURT APT (5+ UNITS)

2075 Water St, Lebanon, PA 17046-1881

$1,650,000
Estimated value
15,815 sqft 3.70 AC lot
View details

Lebanon, PA Apartment Buildings Market Trends and Statistics

Explore 67 apartment buildings for sale in Lebanon, PA on our real estate platform. These investment opportunities span a total of 13,946 square feet of properties for sale, with an estimated market value of $650,000.

Sale prices for two-family homes in Lebanon, PA average $325,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 71K
Population Growth (5Y) +3.5%
Median Household Income $68,947
College Educated 18.3%

High-Yield Neighborhoods for Investment

Identify Lebanon submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
17046 $350K

Taxes & Financing

Tax Rate (average for all types) 2.43%
Property Tax per SF $30.33 per SF
Tax Rate vs County Average 0.27 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lebanon County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Lebanon fall within the 100,000+ square foot range.

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