Rented Duplex with Detached
For Sale
$250,000
528 Maple Street, Lebanon, PA 17046
Duplex with two leased units plus income from a detached three-bay garage, gas heat, and separated utilities for electric and gas.
Property Size2,256 SF
Price / SF$110.82
Days on Market134
Property Features for 528 Maple Street
General Information
Standard status
Active
Size
2,256 SF
Property subtype
Multi-Family / Fee Simple
Occupancy
100%
Additional Details
Multifamily Units
2
Building Details
Year Built
1910
Tenancy
Multi
Listing Agency:
Iron Valley Real Estate
(717) 514-4772
Listed By:
Amanda Krall · License #RS329101
(717) 514-4772
Source:
Compass
Added: Mar 25
Changed: Jul 21
Last Checked: Aug 4 at 11:12AM
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 Iron Valley Real Estate
Investment Insights
Based on property information with market context.
This duplex offers two separate, currently rented units with additional rental income from a detached three-bay garage. Unit 1 is the lower level and includes living space, 2–3 bedrooms, an eat-in kitchen, a full bathroom, a laundry hookup, and direct access to the backyard and a small patio. Unit 2 is on the upper level and features an eat-in kitchen, living room, 1–2 bedrooms, a full bathroom, and hallway access. Tenants also have access to additional storage via a walk-up unfinished attic.
The property includes gas heat and one newer water heater. Gas and electric are separated, while water and sewer are not. Furnaces, water heaters, and electric panels are located in the lower level of Unit 1.
The landlord currently covers water, sewer, trash, and lawn maintenance, while tenants are responsible for electric and gas. An income and expense sheet is available for review.
The property includes gas heat and one newer water heater. Gas and electric are separated, while water and sewer are not. Furnaces, water heaters, and electric panels are located in the lower level of Unit 1.
The landlord currently covers water, sewer, trash, and lawn maintenance, while tenants are responsible for electric and gas. An income and expense sheet is available for review.
Key Highlights
- Duplex in Lebanon with 2 rented units plus additional income from a detached three‑bay garage.
- Unit 1 (main/lower level) includes living room, eat‑in kitchen, full bath, laundry hookup, backyard access, and 2‑3 bedrooms.
- Unit 2 (upper level) offers eat‑in kitchen, living room, 1‑2 bedrooms, and full bathroom; tenants also have access to a walk‑up unfinished attic for storage.
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.1k | $13.80 |
| − Vacancy | −$2.3k | −$1.04 |
| EGI | $28.8k | $12.77 |
| − OpEx | −$8.6k | −$3.83 |
| NOI | $20.2k | $8.94 |
2,256 SF · lease $13.80/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$288.0K
$252.0K – $336.0K
NOI $20,158 @ 7.0% cap · market cap 8.06%
Second Best
Apartment 5plus
$267.6K
$234.2K – $312.2K
NOI $18,734 @ 7.0% cap · market cap 7.49%
Theoretical Best
Office A
$529.5K
$463.3K – $617.8K
NOI $37,067 @ 7.0% cap · market cap 14.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
456
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex with two leased units plus income from a detached three-bay garage, gas heat, and separated utilities for electric and gas.
Where is this duplex located?
The property is located at 528 Maple Street Lebanon, PA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Duplex in Lebanon with 2 rented units plus additional income from a detached three‑bay garage.; Unit 1 (main/lower level) includes living room, eat‑in kitchen, full bath, laundry hookup, backyard access, and 2‑3 bedrooms.; Unit 2 (upper level) offers eat‑in kitchen, living room, 1‑2 bedrooms, and full bathroom; tenants also have access to a walk‑up unfinished attic for storage.
