$579,900

Estimated payment $3,849/month

Total Views 22,468
4 Beds
6 Baths
6,970 Sq Ft
$83 Price per Sq Ft

Highlights

  • Victorian Architecture
  • 2 Car Detached Garage
  • More Than Two Accessible Exits
  • No HOA
  • Fireplace
  • Forced Air Heating and Cooling System

About This Home

Let Your Tenants Pay the Mortgage!
Seller assist available and Seller Financing available! This turnkey 4-unit property offers the best of both worlds: a stunning owner’s residence plus steady long-term rental income.

The home is spread across the 2nd and 3rd floors, the residential unit is an expansive 3,000 sq. ft., 4-bedroom, 3-bath home featuring all original hardwood floors, two fireplaces, a gourmet kitchen, a large home office, and even a sun-filled greenhouse. Step outside to your rooftop deck or enjoy your morning coffee from the 3rd-floor balcony while watching holiday parades and fireworks right from home. Escape to your private fenced-in garden with koi pond, just steps from your two-car garage. The home is vacant and move-in ready

The income producing first floor includes three gorgeous 1,000 sq. ft. office spaces with separate utilities. Two of these offices have been rented by the same long-term tenant for over 10 years and are secured under a new 5.5-year lease. The lease includes the tenant covering all minor repairs and 1/3 of property tax increases, providing stability and peace of mind. One additional office offers flexibility—use it as an office, convert it back to a 2-bedroom apartment, or create an in-law suite.

A truly one-of-a-kind property blending historic charm with modern comfort and unmatched investment value.

Listing Agent

Timothy Shreiner

Berkshire Hathaway HomeServices Homesale Realty License #RS187003L Listed on: 05/27/2025

Berkshire Hathaway HomeServices Homesale Realty

Co-Listing Agent

Corey Shank

Berkshire Hathaway HomeServices Homesale Realty License #RS368416

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,562

Year Built

  • Built in 1850

Lot Details

  • 6,970 Sq Ft Lot
  • Property is in excellent condition
  • Property is zoned COMMERCIAL

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Victorian Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,970 Sq Ft Home
  • Property has 3 Levels
  • Fireplace
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Accessible Home Design

  • More Than Two Accessible Exits

Schools

  • Lebanon High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 04-2339897-369363-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,562

Year Built

Built in 1850

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: Piano in foyer. All refrigerators and stoves in offices on 1st floor. All office items that belong to tenants for offices units.
  • Inclusions: Stove and animal mount in residential unit on 2nd & 3rd floor.
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 5/27/2025 12:00:00 AM
  • Federal Flood Zone: No
  • Year Built: 1850
  • Remarks Public: Let Your Tenants Pay the Mortgage! Seller assist available and Seller Financing available! This turnkey 4-unit property offers the best of both worlds: a stunning owner’s residence plus steady long-term rental income. The home is spread across the 2nd and 3rd floors, the residential unit is an expansive 3,000 sq. ft., 4-bedroom, 3-bath home featuring all original hardwood floors, two fireplaces, a gourmet kitchen, a large home office, and even a sun-filled greenhouse. Step outside to your rooftop deck or enjoy your morning coffee from the 3rd-floor balcony while watching holiday parades and fireworks right from home. Escape to your private fenced-in garden with koi pond, just steps from your two-car garage. The home is vacant and move-in ready The income producing first floor includes three gorgeous 1,000 sq. ft. office spaces with separate utilities. Two of these offices have been rented by the same long-term tenant for over 10 years and are secured under a new 5.5-year lease. The lease includes the tenant covering all minor repairs and 1/3 of property tax increases, providing stability and peace of mind. One additional office offers flexibility—use it as an office, convert it back to a 2-bedroom apartment, or create an in-law suite. A truly one-of-a-kind property blending historic charm with modern comfort and unmatched investment value.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Poured Concrete
  • Total Sq Ft: 6970
  • Living Area Sq Ft: 6970
  • Price Per Sq Ft: 83.20
  • Above Grade Finished Sq Ft: 6970
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 6
  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Upper Level 2 Full Bathrooms: 1
  • Main Level Half Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: LEBANON
  • High School: LEBANON
  • School District Key: 300200397291
  • School District Source: Listing Agent
  • High School: LEBANON

Lot Info

  • Land Use Code: 319
  • Lot Size Acres: 0.16
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6969.60
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: COMMERCIAL

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • School Tax: 5773.00
  • Tax Annual Amount: 8562.00
  • Assessor Parcel Number: 04-2339897-369363-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: LEBANON

Map

Range of Values:

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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 $8,562 $265,800 $32,600 $233,200
2024 $8,158 $265,800 $32,600 $233,200
2023 $973 $265,800 $32,600 $233,200
2022 $957 $265,800 $32,600 $233,200
2021 $924 $265,800 $32,600 $233,200
2020 $7,752 $265,800 $32,600 $233,200
2019 $7,640 $265,800 $32,600 $233,200
2018 $7,419 $265,800 $32,600 $233,200
2017 $2,093 $265,800 $32,600 $233,200
2016 $7,223 $265,800 $32,600 $233,200
2015 $4,962 $265,800 $32,600 $233,200
2014 $4,962 $265,800 $32,600 $233,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2025 08/26/25 Price Changed $579,900 -2.5% $83 / Sq Ft
06/24/2025 06/24/25 Price Changed $595,000 -0.7% $85 / Sq Ft
05/27/2025 05/27/25 For Sale $599,000 -- $86 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $245,000 None Available
Special Warranty Deed $254,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $183,750 Future Advance Clause Open End Mortgage
Previous Owner $50,000 Credit Line Revolving
Previous Owner $25,000 Future Advance Clause Open End Mortgage
Previous Owner $459,000 Adjustable Rate Mortgage/ARM
Previous Owner $162,799 Commercial
Source: Public Records

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Source: Bright MLS

MLS Number: PALN2020458

Bright MLS

APN: 04-2339897-369363-0000