4-Unit
For Sale
$399,900
14-16 N 7TH ST, Lebanon, PA 17046
Fully occupied income property with owner-paid water, sewer, trash, and heat.
Property Size2,999 SF
Price / SF$133.34
Days on Market47
Property Features for 14-16 N 7TH ST
General Information
Standard status
Active
Size
2,999 SF
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Multifamily Units
4
Building Details
Buildings
1
Listing Agency:
Bold Realty
Listed By:
Trent L Stauffer · License #RM422216
(610) 373-8701
Source:
Keygroupmd
Added: Sep 1
Changed: Oct 4
Last Checked: Oct 16 at 8:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bold Realty
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Investment Insights
Based on property information with market context.
This 4-unit quadplex contains 2,999 square feet and is fully rented. Current monthly rents range from $775 to $950, while the owner covers water, sewer, trash, and heat.
The property is located at 14-16 N 7th St in Lebanon, Pennsylvania 17046. Its four-unit configuration provides an established residential income format in a single building.
The property is located at 14-16 N 7th St in Lebanon, Pennsylvania 17046. Its four-unit configuration provides an established residential income format in a single building.
Key Highlights
- Four‑unit building totaling 2,999 square feet
- Fully rented residential income property
- Monthly rents range from $775 to $950
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,798
Cap Rate
6.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$535,960
$536.0K
Cap Rate 7%
$382,829
$382.8K
Cap Rate 9%
$297,756
$297.8K
Market Conditions
NOI Build-Up for 2,999 SF
Gross rent
$41.4K $13.80/SF
− Vacancy
−$3.1K −$1.04/SF
EGI
$38.3K $12.77/SF
− OpEx
−$11.5K −$3.83/SF
NOI
$26.8K $8.94/SF
Area
Lebanon County, PA
Vacancy
7.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$535,960
Cap Rate 7%
$382,829
Cap Rate 9%
$297,756
Alternative Uses
Best Use
Multifamily LT 5
$382.8K
$335.0K – $446.6K
NOI $26,798 @ 7.0% cap · market cap 6.70%
Second Best
Apartment 5plus
$355.8K
$311.3K – $415.1K
NOI $24,904 @ 7.0% cap · market cap 6.23%
Theoretical Best
Office A
$703.9K
$615.9K – $821.3K
NOI $49,275 @ 7.0% cap · market cap 12.32%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,791
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied income property with owner-paid water, sewer, trash, and heat.
Where is this quadplex located?
The property is located at 14-16 N 7TH ST Lebanon, PA.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Four‑unit building totaling 2,999 square feet; Fully rented residential income property; Monthly rents range from $775 to $950
