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Property profile

429 E Cumberland St Lebanon, PA 17042

FOR SALE
Garden apartment buildings
Property ID
US73-3137843
3,596 SF 0.28 ac lot Built 1950
Last sale Jun 2026 · $420,000
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This mixed-use property is located on Cumberland Street in Lebanon and contains 3,006 square feet total, with one commercial unit and two residential units. The commercial space is configured to support uses such as retail, office, or other business activities. The building includes off-street parking and has frontage along Cumberland Street, providing street-level exposure.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$5k
Tax billed · 2024
Assessed value$162k
Assessed land$56k
Assessed improvement$107k
Effective rate3.07%

Value estimate

· Oct 2026
$230k
$207k – $253k
AI approach$230k
NOI build-up
Gross scheduled income$58k
Vacancy & credit loss−$6k
Operating expenses−$20k
NOI · 7.32% cap applied$33k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$75/SF
County average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$30 – $107
Qualifying comparables6

Cap rate analysis

How does the asset earn?
7.32%
$33k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLEBANON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency15.7
Dry Cleaner10.5
Acupuncture9.4

Location

429 E Cumberland St Lebanon, PA 17042
County assessor Recorded deeds · 1 transfer 6 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1504 Walnut, Lebanon, PA 17042-4568 $800,000 Dec 2025 4,032 SF
243 10th, Lebanon, PA 17042-5913 $1,500,000 Aug 2022 3,688 SF
609 Chestnut, Lebanon, PA 17042-5222 $405,000 Jan 2022 2,650 SF
51 Main, Lebanon, PA 17042-9514 $225,000 Sep 2020 13,229 SF
427 Cumberland, Lebanon, PA 17042-5317 $270,000 Jul 2020 5,759 SF
350 Vine, Lebanon, PA 17042-6833 $600,000 Feb 2020 9,610 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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