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    1127 Walnut St Lebanon, PA 17042

    For Sale
    $194,900

    MULTI_FAMILY - Other - LEBANON, PA

    Property size:
    1,328 SF
    Lot size:
    0.05 Acres
    Days on Market:
    61
    Last Refresh:
    Dec 5 at 8:06 pm

    Property Features for 1127 Walnut St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Parking
    2
    Parking features
    Off Street
    Size
    1,328 SF
    Lot size
    0.05 Acres

    Utilities

    Heating system
    Hot Water(Heating)
    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1920
    Number of units
    2
    Building materials
    Vinyl Siding
    Architectural style
    Other

    Keller Williams of Central Pa East (717) 657-4700 [email protected]

    Listing agent Carson Michael Perlaki (717) 673-5570 License #RS371923

    Listing date Oct 6, 2025

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lebanon Two-Unit Investment Property

    This two-unit property in Lebanon, Pennsylvania, presents an investment opportunity. The property contains two 1-bed/1-bath units. The first-floor unit is currently rented for $750 per month, with the rent scheduled to increase to $900 per month on October 1st. The second-floor unit is also rented for $750 per month, with a rent increase to $1,010 per month scheduled for October 1st. Tenants are responsible for their electric bills. The owner covers the costs of water, sewer, trash, and heat. The property is situated near shopping, dining, and major routes. The lot size is 0.05 acres, and the property size is 1,328 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Lebanon
    State
    Pennsylvania
    Longitude
    -76.42962646
    Latitude
    40.33643723

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    FAQs

    What type of property is this?
    Duplex - Well-maintained two-unit property in Lebanon with strong rental income.
    Where is this duplex located?
    The property is located at 1127 Walnut St Lebanon, PA.
    What is the asking price?
    The asking price for this property is $194,900.
    What are key features of this property?
    This property features: - Strong rental income with immediate cash flow.; - Rent increases scheduled for October 1st, significantly boosting income.; - Well-maintained 2-unit property.
    (717) 673-5570
    Request Owner's contact information
    1127 Walnut St Lebanon, PA 17042
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    Lebanon, PA 17042
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1127 Walnut St Lebanon, PA 17042
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