$230,000
PENDING

2216 Lehman St Lebanon, PA 17046

Estimated payment $1,480/month

Total Views 1,001
-- Bed
-- Bath
1,493 Sq Ft
$154 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • 4-minute walk to West Lebanon Township Park
  • 3 Car Detached Garage

About This Home

Excellent Investment Opportunity! This 2-unit property in West Lebanon Township offers multiple streams of income with two residential apartments and three additional garage rental spaces for tenants. Each residential unit has its own entrance and separate electric meters. With both living and storage/garage income potential, this property is a great addition to any rental portfolio—whether you’re an experienced investor or just getting started. This property can also be purchased together with the property beside it 2212 Lehman st. Give me a call today to schedule a private tour!

Listing Agent

Austin Martin

(717) 269-3204 realestatewithaustin@gmail.com Iron Valley Real Estate License #RS365168 Listed on: 08/18/2025

Iron Valley Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,119

Year Built

  • Built in 1940

Lot Details

  • 5,227 Sq Ft Lot
  • Property is in good condition

Parking

  • 3 Car Detached Garage
  • Rear-Facing Garage
  • On-Street Parking

Home Design

  • 1,493 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Stone Foundation
  • Metal Roof

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 35-2330667-371298-0000

Community Details

Overview

  • 2 Units
  • 2-Story Building

Building Details

  • Income includes apartment rentals
  • Insurance Expense $888
  • Gross Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,119

Year Built

Built in 1940

Lot Details

0

Parking

3

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Tenants personal items
  • Inclusions: Kitchen appliances in the units
  • New Construction: No
  • Expected On Market: 8/18/2025 12:00:00 AM
  • Year Built: 1940
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1493
  • Living Area Sq Ft: 1493
  • Price Per Sq Ft: 154.05
  • Above Grade Finished Sq Ft: 1493
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Roof: Metal
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: On Street, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Previous Twelve Months: 1992.00
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5227.00
  • Property Condition: Good
  • Zoning: RESIDENTIAL
  • Zoning Description: 102 Multi family

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 2
  • Owner Pays: Sewer, Trash Collection, Water, Advertising/Licenses And Permits
  • Rent Control: No
  • Total Actual Rent: 24000.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 2124.00
  • Tax Annual Amount: 3119.00
  • Assessor Parcel Number: 35-2330667-371298-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

Multi Family

  • Gross Income: 24000.00
  • Gross Scheduled Income: 26400.00
  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: LEBANON

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $3,120 $91,400 $14,200 $77,200
2024 $2,889 $91,400 $14,200 $77,200
2023 $2,788 $88,200 $14,200 $74,000
2022 $2,744 $88,200 $14,200 $74,000
2021 $2,653 $88,200 $14,200 $74,000
2020 $2,653 $88,200 $14,200 $74,000
2019 $2,616 $88,200 $14,200 $74,000
2018 $2,631 $88,200 $14,200 $74,000
2017 $725 $88,200 $14,200 $74,000
2016 $2,390 $88,200 $14,200 $74,000
2015 -- $88,200 $14,200 $74,000
2014 -- $88,200 $14,200 $74,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 Pending -- -- --
08/18/2025 08/18/25 For Sale $230,000 -- $154 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $187,500 --
Deed $86,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $131,250 New Conventional
Previous Owner $69,200 New Conventional
Source: Public Records

Source: Bright MLS

MLS Number: PALN2021200

Bright MLS

APN: 35-2330667-371298-0000