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    720 Lehman St Lebanon, PA 17046

    For Sale
    $324,900

    MULTI_FAMILY - Other - LEBANON, PA

    Property size:
    1,914 SF
    Lot size:
    0.02 Acres
    Days on Market:
    11
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 720 Lehman St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    Parking features
    On Street
    Size
    1,914 SF
    Lot size
    0.02 Acres

    Utilities

    Heating system
    Hot Water(Heating)

    Building Details

    Year built
    1900
    Number of units
    4
    Building materials
    Brick
    Architectural style
    Other

    Lime House (814) 934-5246 [email protected]

    Listing agent Aaron Glick (717) 259-3930 License #RS374368

    Listing date Nov 25, 2025

    MLS# PALN2023310 Listing URL

    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

    Income-Producing 5-Unit Property

    Located in a desirable Lebanon neighborhood, this well-maintained property at 720 Lehman Street features five units. The building includes 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. The building has a size of 1914 square feet and is situated on a lot of 0.02 acres. Conveniently located close to downtown Lebanon, shopping, and public transportation, this property presents a great opportunity for investors seeking a solid, cash-flowing property in a growing area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Lebanon
    State
    Pennsylvania
    Longitude
    -76.4234314
    Latitude
    40.3456459

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained 5-unit property in Lebanon with income potential.
    Where is this apartment building located?
    The property is located at 720 Lehman St Lebanon, PA.
    What is the asking price?
    The asking price for this property is $324,900.
    What are key features of this property?
    This property features: - Excellent income-producing 5-unit property.; - Four rented rooms share a spacious, updated kitchen.; - One private 1-bedroom apartment with its own kitchen and living area.
    (717) 259-3930
    Request Owner's contact information
    720 Lehman St Lebanon, PA 17046
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    Lebanon, PA 17046
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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
    720 Lehman St Lebanon, PA 17046
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