Duplex with Private In-Law
For Sale
Under Contract
$679,000
796 MARCON DRIVE, Lebanon, PA 17046
Multi-Family, LEBANON, PA
Property Size3,307 SF
Lot Size0.61 Acres
Price / SF$205.32
Days on Market24
Property Features for 796 MARCON DRIVE
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement, Dining Room, Family Room
Parking
14
Parking features
Driveway, Off Street, Garage - Attached, Garage - Detached
Pool private
1
Interior features
2nd Kitchen, Bar, Bathroom - Walk-In Shower, Bathroom - Tub Shower, Breakfast Area, Built-Ins, Carpet, Combination Dining/Living, Crown Moldings, Entry Level Bedroom, Floor Plan - Open, Kitchen - Country, Pantry, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Walk-in Closet(s), Wet/Dry Bar, Window Treatments, Wood Floors, Family Room Off Kitchen, Ceiling Fan(s)
Fireplace
1
Appliances
Dishwasher, Microwave, Oven/Range - Electric, Oven/Range - Gas, Refrigerator
Subdivision
NONE AVAILABLE
Elementary school
UNION CANAL
Middle school
CEDAR CREST
High school
CEDAR CREST
Elementary school district
CORNWALL-LEBANON
Middle school district
CORNWALL-LEBANON
High school district
CORNWALL-LEBANON
Standard status
Active Under Contract
Size
3,307 SF
Lot size
0.61 Acres
Taxes and HOA fees
Tax Annual Amount
8705
Utilities
Heating system
Forced Air
Cooling system
Central Air
Amenities
gas fireplace
in-ground swimming pool
covered patio
Building Details
Year built
2017
Number of units
2
Building materials
Masonry, Stick Built, Vinyl Siding, Stone
Architectural style
Other
Listing Agency:
RE/MAX Cornerstone · RE/MAX International
(717) 273-5501
Listed By:
Roxanne S. Carpenter · License #RS153785A
(717) 304-9362
Added: Sep 30
Changed: Oct 21
Last Checked: Oct 23 at 3:06PM
MLS# PALN2028960
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.
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Investment Insights
Based on property information with market context.
Built in 2017, this 3,307-square-foot duplex includes a primary residence and a separate one-story in-law suite with its own side entrance. The main home has three bedrooms, two full and two half bathrooms, a den, and a living room with a gas fireplace. Its kitchen features granite counters, a breakfast bar, pantry storage, and included appliances. The in-law quarters provide two bedrooms, a living room, kitchen, full bathroom, and laundry. A full basement adds a recreation room, half bath, storage, and interior and exterior stair access.
The property occupies 0.61 acres and includes three attached garage spaces, a detached 24-by-32-foot garage, and a driveway with 10 off-street parking spaces. Outdoor amenities include a roof-covered patio measuring 40 by 15 feet, a fenced in-ground pool measuring 12 by 23 feet, and an 8-by-12-foot shed. Installed solar panels and central air conditioning are also among the property features.
The property occupies 0.61 acres and includes three attached garage spaces, a detached 24-by-32-foot garage, and a driveway with 10 off-street parking spaces. Outdoor amenities include a roof-covered patio measuring 40 by 15 feet, a fenced in-ground pool measuring 12 by 23 feet, and an 8-by-12-foot shed. Installed solar panels and central air conditioning are also among the property features.
Key Highlights
- Two living areas: a three‑bedroom main residence and a two‑bedroom in‑law suite
- 3,307 square feet on a 0.61‑acre lot; built in 2017
- Three attached garage spaces plus a detached 24‑by‑32‑foot garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,550
Cap Rate
4.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$591,000
$591.0K
Cap Rate 7%
$422,143
$422.1K
Cap Rate 9%
$328,333
$328.3K
Market Conditions
NOI Build-Up for 3,307 SF
Gross rent
$45.6K $13.80/SF
− Vacancy
−$3.4K −$1.04/SF
EGI
$42.2K $12.77/SF
− OpEx
−$12.7K −$3.83/SF
NOI
$29.5K $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%
$591,000
Cap Rate 7%
$422,143
Cap Rate 9%
$328,333
Alternative Uses
Best Use
Multifamily LT 5
$422.1K
$369.4K – $492.5K
NOI $29,550 @ 7.0% cap · market cap 4.35%
Second Best
Apartment 5plus
$392.3K
$343.3K – $457.7K
NOI $27,462 @ 7.0% cap · market cap 4.04%
Theoretical Best
Office A
$776.2K
$679.2K – $905.6K
NOI $54,335 @ 7.0% cap · market cap 8.00%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
81
Businesses Nearby
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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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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two distinct living areas are complemented by multiple garages, a pool, and a covered outdoor gathering space.
Where is this duplex located?
The property is located at 796 MARCON DRIVE Lebanon, PA.
What is the asking price?
The asking price for this property is $679,000.
What are key features of this property?
This property features: Two living areas: a three‑bedroom main residence and a two‑bedroom in‑law suite; 3,307 square feet on a 0.61‑acre lot; built in 2017; Three attached garage spaces plus a detached 24‑by‑32‑foot garage
