121 E Cumberland St Lebanon, PA 17042
Downtown Lebanon Neighborhood
--
Bed
--
Bath
3,920
Sq Ft
3,920
Sq Ft Lot
Highlights
- Traditional Architecture
- Electric Baseboard Heater
- Carpet
- 2 Car Detached Garage
About This Home
As of March 2025Great investment opportunity!! 4 unit with 1st floor street facing commercial space and 3 nicely updated residential units with LVP flooring, newer appliances and updated baths/kitchens. Each unit has individual newer electric and hot water heaters. Healthy Cap Rate. Perfect choice to add to your growing portfolio. Convenient, bustling location with CG zoning allows an abundance of uses!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,132
Year Built
- Built in 1940
Parking
- 2 Car Detached Garage
- Rear-Facing Garage
Home Design
- 3,920 Sq Ft Home
- Quadruplex
- Traditional Architecture
- Block Foundation
- Stone Foundation
- Pitched Roof
- Asphalt Roof
- Copper Roof
- Metal Roof
- Aluminum Siding
Flooring
- Carpet
- Laminate
- Vinyl
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Schools
- Lebanon Middle School
- Lebanon High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Window Unit Cooling System
- Electric Baseboard Heater
- Electric Water Heater
Additional Features
- Stove
- Exterior Lighting
- 3,920 Sq Ft Lot
Listing and Financial Details
- The owner pays for water, sewer, trash collection, real estate taxes, management
- Assessor Parcel Number 09-2342435-369909-0000
Community Details
Overview
- 4 Units
- 2-Story Building
Building Details
- 1 Vacant Unit
- Income includes apartment rentals
- Operating Expense $13,363
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 13, 2025
Closed on
Apr 25, 2025
Sold by
Zook Rentals Llc
Bought by
King Emanuel L and Lapp King Mary
Seller's Agent
JIM BEDORF
Coldwell Banker Realty
Buyer's Agent
Melody Kiene
Iron Valley Real Estate
List Price
$350,000
Sold Price
$345,000
Premium/Discount to List
-$5,000
-1.43%
Views
29
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$628
Original Mortgage
$375,000
Outstanding Balance
$372,791
Interest Rate
6.65%
Mortgage Type
Credit Line Revolving
Purchase Details
Listed on
Feb 13, 2025
Closed on
Mar 4, 2025
Sold by
Lin Han
Bought by
Zook Rentals Llc
Seller's Agent
JIM BEDORF
Coldwell Banker Realty
Buyer's Agent
Melody Kiene
Iron Valley Real Estate
List Price
$350,000
Sold Price
$345,000
Premium/Discount to List
-$5,000
-1.43%
Views
29
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$372,791
Interest Rate
6.65%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Oct 12, 2016
Sold by
Roth Maryann and Hess Dean D
Bought by
Lin Han
Similar Homes in Lebanon, PA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $469,000 | None Listed On Document | |
| Deed | $345,000 | None Listed On Document | |
| Deed | $43,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $375,000 | Credit Line Revolving | |
| Previous Owner | $380,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/06/2025 03/06/25 | Sold | $345,000 | -1.4% | $88 / Sq Ft |
| 02/22/2025 02/22/25 | Pending | -- | -- | -- |
| 02/13/2025 02/13/25 | For Sale | $350,000 | -- | $89 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,133 | $128,300 | $16,200 | $112,100 |
| 2024 | $3,938 | $128,300 | $16,200 | $112,100 |
| 2023 | $460 | $128,300 | $16,200 | $112,100 |
| 2022 | $453 | $128,300 | $16,200 | $112,100 |
| 2021 | $437 | $128,300 | $16,200 | $112,100 |
| 2020 | $3,742 | $128,300 | $16,200 | $112,100 |
| 2019 | $3,688 | $128,300 | $16,200 | $112,100 |
| 2018 | $3,581 | $128,300 | $16,200 | $112,100 |
| 2017 | $1,010 | $128,300 | $16,200 | $112,100 |
| 2016 | $3,486 | $128,300 | $16,200 | $112,100 |
| 2015 | $1,983 | $128,300 | $16,200 | $112,100 |
| 2014 | $1,983 | $128,300 | $16,200 | $112,100 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
JIM BEDORF
Coldwell Banker Realty
(717) 443-7033
2 in this area
611 Total Sales
-
Buyer's Agent in 2025
Melody Kiene
Iron Valley Real Estate
(717) 269-8864
7 in this area
278 Total Sales
Map
Source: Bright MLS
MLS Number: PALN2018482
APN: 09-2342435-369909-0000
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