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Three-Unit Residential Income Property
For Sale
$275,000

127 N 9TH Street, Lebanon, PA 17046

MULTI_FAMILY - Other - LEBANON, PA

Property Size3,259 SF
Lot Size0.09 Acres
Price / SF$84.38
Days on Market100

Property Features for 127 N 9TH Street

General Information

Property type Residential Multi Family
Property subtype Other
Parking 1
Parking features On Street, Garage - Detached, Offsite
Elementary school district LEBANON
Middle school district LEBANON
High school district LEBANON
Standard status Active
Size 3,259 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Annual Amount 2974

Utilities

Heating system Baseboard, Hot Water(Heating)

Building Details

Year built 1940
Number of units 3
Building materials Stick Built
Architectural style Other
Listing Agency: RE/MAX Pinnacle · RE/MAX International
Listed By: Robert J Wert · License #AB065732
Added: May 15 Changed: Jul 13 Last Checked: Aug 22 at 11:06AM
MLS# PALN2026086

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This fully occupied three-unit residential income property is set up as a triplex, with long-term tenants already in place. The offering includes a garage for rent, which is currently producing income alongside the three residential units. Tenants pay their own electric hot water, which can help reduce the owner’s utility-related operating costs.

Located at 127 N 9TH Street in Lebanon, Pennsylvania (17046), the property sits on a compact lot of about 0.09 acres. The current configuration supports straightforward residential income management with rental income coming from multiple units and a garage.

For investors or owner-operators looking for a ready-to-rent setup, the fully occupied status and presence of long-term tenants offer a practical starting point without waiting for lease-up. The separate garage rental provides an additional income stream beyond the three residences, while tenant-paid electric hot water can simplify utility expense handling. Overall, this is a multi-unit residential asset designed for renters seeking established housing with utilities managed through the tenant billing arrangement.

Key Highlights

  • Fully occupied 3‑unit residential property with long‑term tenants
  • 3 residential units plus a detached garage available for rent
  • Year built 1940 with stick‑built construction

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Acupuncture Locksmith Wine and Liquor Store Travel Agency Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,581
Businesses Nearby

Demographics for 17046, PA

31,272
Population
13,570
Households
2.3
Avg Household Size
39
Median Age
12%
College-Educated
84%
High-School Grad
38.9 sq mi
ZIP Area
804
Density / Sq Mi
$59,633
Median Household Income
$37,261
Median Earnings
$1,036
Median Rent
$180,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Fully occupied triplex with tenant-paid electric hot water and an on-site garage for additional rental income.
Where is this triplex located?
The property is located at 127 N 9TH Street Lebanon, PA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Fully occupied 3‑unit residential property with long‑term tenants; 3 residential units plus a detached garage available for rent; Year built 1940 with stick‑built construction
More about this property
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