Lebanon, PA Multifamily Properties for Sale

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Updated: Aug 4

9-Unit Brick Apartment Building

1001 CHESTNUT Street, Lebanon, PA 17042

$919,000

3,900 sqft 0.07 AC lot

9‑unit apartment building with an all 1‑bed/1‑bath unit mix
Approximately 3,900 square feet on a 0.07‑acre corner lot
Brick construction; built in 1910
Unit remodels completed in 2023 and 2025
Public water and sewer with oil heat

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Updated: Aug 6

Quadplex With Detached Garage

1801 CHURCH Street, Lebanon, PA 17046

$449,000

4,156 sqft 0.43 AC lot

4,156‑square‑foot multifamily property on a 0.43‑acre corner lot
Two main‑house apartments, each with 3 bedrooms and 1 full bathroom
2022 manufactured home with 3 bedrooms and 2 full bathrooms
Separate gas and electric utilities for each residential unit
Detached garage with off‑street parking and driveway

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Two-Unit Duplex with Off-Street Parking

226 S 9TH Street, Lebanon, PA 17042

$245,000

2,220 sqft 0.15 AC lot

Separate two-bedroom apartments and rear parking support a straightforward residential income configuration.

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9-Unit Apartment Building on Corner Lot

1001 Chestnut Street, Lebanon, PA 17042

$919,000

3,900 sqft

Brick 9-unit building with 1-bed/1-bath units, corner-lot setting, and tenants responsible for electric and heat.

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Brick Colonial Duplex With Commercial Space

827 CHESTNUT Street, Lebanon, PA 17042

$199,000

1,568 sqft 0.03 AC lot

Brick duplex with a vacant first-floor commercial space and a rented second-floor 2-bedroom apartment.

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Occupied Brick Duplex

135 S 11TH Street, Lebanon, PA 17042

$224,000

1,217 sqft 0.03 AC lot

Two occupied units, brick construction, and on-street parking define this compact residential income property.

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Mixed-Use Building with Storefront

211 N 8TH Street, Lebanon, PA 17046

$305,000

6,973 sqft 0.11 AC lot

Street-level commercial space, apartments, and warehouse area are arranged within a brick downtown building.

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5-Unit Apartment Building

523 WALNUT STREET, Lebanon, PA 17042

$525,000

3,264 sqft

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

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Three-Unit Residential Income Property

127 N 9TH Street, Lebanon, PA 17046

$275,000

3,259 sqft 0.09 AC lot

Fully occupied triplex with tenant-paid electric hot water and an on-site garage for additional rental income.

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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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5-Unit Brick Apartment Building

400 N 9TH STREET, Lebanon, PA 17046

$515,000

3,919 sqft

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

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Three-Unit Multifamily Property

1801 Church St, Lebanon, PA 17046

$449,000

4,156 sqft

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

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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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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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Two-Unit Duplex with Full Basement

1232 WILLOW STREET, Lebanon, PA 17046

$170,000

1,252 sqft

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

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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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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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Updated Side-by-Side Duplex

206 RIDERS WAY, Lebanon, PA 17042

$425,000

2,440 sqft

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

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5-Unit Apartment Building with Storage

426 North 9th Street, Lebanon, PA 17046

$559,500

4,380 sqft

Residential income property with storage units and updates completed within the past two years.

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Triplex with Detached Garage

601 Maple Street, Lebanon, PA 17046

$299,995

3,351 sqft

The layout combines a single-family residence with two apartments and off-street tenant parking.

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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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Duplex with Separate Electric Meters

512 Spruce Street, Lebanon, PA 17046

$250,000

2,184 sqft

Two residential units offer a one-bedroom and three-bedroom layout with distinct heating systems and current rental occupancy.

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Detached Quadplex

222 S 8th St, Lebanon, PA 17042

$395,000

3,467 sqft 0.08 AC lot

Residential income property with four units, six bedrooms, and four full baths.

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Brick Duplex with Separate Utilities

55 MIFFLIN STREET, Lebanon, PA 17046

$225,000

2,202 sqft

Two occupied apartments offer distinct layouts, private storage areas, laundry hookups, and off-street parking.

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Lebanon, PA Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Lebanon, PA, showcased through 31 active listings on our real estate platform. These investment opportunities span a total of 98,593 square feet of properties for sale, with an estimated market value of $9,898,195.

Sale prices for multifamily properties in Lebanon, PA start at $165,000, averaging $380,699, and reaching up to $919,000 — 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

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	$334.8K
17042	$418.7K

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.

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