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    Lebanon, PA Multifamily Properties for Sale

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    18 properties
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    Duplex with In-Law Quarters
    Updated: Sep 30
    Duplex with In-Law Quarters

    796 MARCON DRIVE, Lebanon, PA 17046

    $679,000
    3,307 sqft 0.61 AC lot
    Two living areas: a three‑bedroom main home and separate two‑bedroom quarters, each with a kitchen
    Built in 2017 with 3,307 square feet on a 0.61‑acre lot
    Three attached garage spaces plus a detached 24‑by‑32‑foot garage
    Driveway provides 10 off‑street parking spaces
    Fenced outdoor area includes a 40‑by‑15‑foot covered patio and 12‑by‑23‑foot in‑ground pool
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    Mixed-Use Building with Storefront
    Updated: May 27
    Mixed-Use Building with Storefront

    211 N 8TH Street, Lebanon, PA 17046

    $305,000
    6,973 sqft 0.11 AC lot
    Approximately 6,973 square feet on a 0.11‑acre parcel
    Street‑level commercial storefront with upper‑floor apartment space
    Warehouse area with rear alley access
    Brick construction; built in 1920
    Major rehabilitation project sold as‑is
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    Four-Unit Brick Quadplex
    Four-Unit Brick Quadplex

    14-16 N 7TH Street, Lebanon, PA 17046

    $399,900
    2,999 sqft

    Fully occupied residential income property with hot-water heating and on-street parking in Lebanon.

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    See hot listings in Lebanon

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Mixed-Use Building with Storefront
    Mixed-Use Building with Storefront

    834 CHESTNUT STREET, Lebanon, PA 17042

    $475,000
    9,167 sqft

    A three-story brick property combines street-level commercial space with a seven-apartment residential mix.

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    Triplex with Detached Garage
    Triplex with Detached Garage

    127 N 9TH Street, Lebanon, PA 17046

    $275,000
    3,259 sqft 0.09 AC lot

    Fully occupied residential income property with tenant-paid electric hot water and additional garage space.

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    5-Unit Brick Apartment Building
    5-Unit Brick Apartment Building

    400 N 9TH STREET, Lebanon, PA 17046

    $509,999
    3,919 sqft

    Fully occupied brick property with separate electric service for each apartment and public water and sewer.

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    Brick Multifamily Property
    Brick Multifamily Property

    201 HATHAWAY PARK, Lebanon, PA 17042

    $450,000
    3,640 sqft 0.38 AC lot

    Well-maintained building with security systems, fire detection, sprinklers, and parking options.

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    Detached Three-Unit Triplex
    Detached Three-Unit Triplex

    234 S 22ND ST, Lebanon, PA 17042

    $425,000
    4,000 sqft

    Multifamily property with varied unit layouts and an oversized garage.

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    Occupied 2-Unit Duplex
    Occupied 2-Unit Duplex

    216 LEHMAN STREET, Lebanon, PA 17046

    $195,000
    1,380 sqft

    Each apartment has its own gas meter, furnace, and water heater.

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    Updated Side-by-Side Duplex
    Updated Side-by-Side Duplex

    206 RIDERS WAY, Lebanon, PA 17042

    $410,000
    2,440 sqft

    Two separate residences offer mini-split heating and cooling, individual yards, and off-street parking.

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    Downtown Mixed-Use Building
    Downtown Mixed-Use Building

    211 N 8th St, Lebanon, PA 17046

    $305,000
    6,973 sqft

    Mixed-use building with street-level storefront, six units, and warehouse space with rear alley access; sold as-is.

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    4-Unit Quadplex
    4-Unit Quadplex

    14-16 N 7TH ST, Lebanon, PA 17046

    $399,900
    2,999 sqft

    Fully occupied income property with owner-paid water, sewer, trash, and heat.

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    5-Unit Apartment Building
    5-Unit Apartment Building

    523 WALNUT STREET, Lebanon, PA 17042

    $499,999
    3,264 sqft

    Fully occupied residential income property with solid-surface flooring and landlord-provided coin laundry.

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    Occupied Three-Unit Triplex
    Occupied Three-Unit Triplex

    127 N 9TH ST, Lebanon, PA 17046

    $275,000
    3,259 sqft

    Fully occupied residential property with a garage and tenant-paid electric hot water.

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    Three-Unit Multifamily Property
    Three-Unit Multifamily Property

    1801 CHURCH ST, Lebanon, PA 17046

    $399,995
    4,156 sqft

    Two apartments in the main residence are complemented by a 2022 manufactured home and detached garage.

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    Two-Unit Duplex with Full Basement
    Two-Unit Duplex with Full Basement

    1232 WILLOW ST, Lebanon, PA 17046

    $159,900
    1,252 sqft

    Semi-detached rental property includes off-street parking and additional lower-level space.

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    Two-Unit Duplex With Off-Street Parking
    Two-Unit Duplex With Off-Street Parking

    226 S 9TH STREET, Lebanon, PA 17042

    $245,000
    2,220 sqft

    Income-producing duplex with separate apartments, off-street parking, and updated gas heating systems.

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    Mixed-Use Restaurant and Apartments
    Mixed-Use Restaurant and Apartments

    1000 Cumberland St, Lebanon, PA 17042

    Contact for pricing
    9,842 sqft

    For sale mixed-use property with a ground-floor restaurant and five fully occupied apartment units above.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 18 Active Listings in Lebanon, PA, we suggest to view alternatives - similar 54 Off-Market properties to explore as potential leads.

    Off-Market Properties in Lebanon, PA

    Consider similar Off-Market properties in Lebanon, PA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1201 Crestview Dr
    GARDEN APT, COURT APT (5+ UNITS)

    1201 Crestview Dr, Lebanon, PA 17042-7312

    Estimated value:
    $3,580,000
    53,370 sqft 4.01 AC lot
    View details
    1504 Walnut St
    GARDEN APT, COURT APT (5+ UNITS)

    1504 Walnut St, Lebanon, PA 17042-4568

    Estimated value:
    $270,000
    4,032 sqft 0.32 AC lot
    View details
    941 Mt Zion Rd
    APARTMENT HOUSE (5+ UNITS)

    941 Mt Zion Rd, Lebanon, PA 17046-2243

    Estimated value:
    $755,000
    24.65 AC lot
    View details
    46 8th St
    HIGH-RISE APARTMENTS

    46 8th St, Lebanon, PA 17042-5249

    Estimated value:
    $2,855,000
    19,536 sqft 0.12 AC lot
    View details
    17 6th St
    GARDEN APT, COURT APT (5+ UNITS)

    17 6th St, Lebanon, PA 17046-4872

    Estimated value:
    $810,000
    8,800 sqft 0.05 AC lot
    View details
    30 Carol Ann Dr
    MOBILE HOME PARK, TRAILER PARK

    30 Carol Ann Dr, Lebanon, PA 17046-9203

    Estimated value:
    $475,000
    3,390 sqft 21.53 AC lot
    View details

    Lebanon, PA Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Lebanon, PA, showcased through 18 active listings on our real estate platform. These investment opportunities span a total of 75,049 square feet of properties for sale, with an estimated market value of $6,408,693.

    Sale prices for multifamily properties in Lebanon, PA start at $159,900, averaging $376,981, and reaching up to $679,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 6
    Apartment buildings 5
    Triplexes 3
    Quadplexes 2

    Demographics Overview

    Population 71K
    Population Growth (5Y) +3.5%
    Median Household Income $68,947
    College Educated 18.3%

    High-Yield Neighborhoods for Investment

    Identify Lebanon submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    17046 $352.7K
    17042 $552.6K

    Taxes & Financing

    Tax Rate (average for all types) 2.43%
    Property Tax per SF $30.33 per SF
    Tax Rate vs County Average 0.27 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lebanon County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Lebanon fall within the 100,000+ square foot range.

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Lebanon, PA

    • 17046
    • 17042

    Featured Lebanon Real Estate Agencies

    Realmo connects you with licensed Lebanon CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Iron Valley Real Estate
    1958 Quentin Road Lebanon, PA 17042
    Phone: 17177692986
    ironvalleyrealestate.com
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