$599,900
UNDER CONTRACT

613 N 9th St Lebanon, PA 17046

Estimated payment $3,900/month

Total Views 12,267
-- Bed
-- Bath
5,918 Sq Ft
$101 Price per Sq Ft

About This Home

**Sellers are open to 15% seller financing at a purchase price of $615,000** Welcome to a remarkable investment opportunity at 611-613 N 9th St in Lebanon, PA. This unique property offers 6 units comprising (2) single bedroom units, (2) 2 bedroom units, and (2) 3 bedroom units. Built in 1940, this property spans a generous 6,000 square feet presenting plenty of room for residents.
Set in a prime location with easy access to major routes 422 and 76, your tenants will enjoy effortless commutes to nearby Lancaster, Harrisburg, Hershey, and Ephrata. Generating $68,100 in gross rents annually, currently fully occupied, with substantial room to grow!
This property not only offers a stable income but also the allure of being situated within close proximity to key Pennsylvania locales, making it a highly appealing prospect for seasoned investors looking to expand their portfolio. Offering both growth potential and excellent accessibility, this opportunity should not be overlooked.

Listing Agent

Nathan Barshinger

EXP Realty, LLC License #5014423 Listed on: 06/06/2025

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,449

Year Built

  • Built in 1940

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Permanent Foundation
  • Vinyl Siding

Interior Spaces

  • 5,918 Sq Ft Home
  • Basement
  • Interior and Exterior Basement Entry

Schools

  • Northwest Elementary School
  • Lebanon Middle School
  • Lebanon High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 07-2337042-372654-0000

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $4,000
  • Manager Expense $4,369
  • Trash Expense $2,232

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,449

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Tenants Personal Items
  • New Construction: No
  • Expected On Market: 6/6/2025 12:00:00 AM
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Remarks Public: **Sellers are open to 15% seller financing at a purchase price of $615,000** Welcome to a remarkable investment opportunity at 611-613 N 9th St in Lebanon, PA. This unique property offers 6 units comprising (2) single bedroom units, (2) 2 bedroom units, and (2) 3 bedroom units. Built in 1940, this property spans a generous 6,000 square feet presenting plenty of room for residents. Set in a prime location with easy access to major routes 422 and 76, your tenants will enjoy effortless commutes to nearby Lancaster, Harrisburg, Hershey, and Ephrata. Generating $68,100 in gross rents annually, currently fully occupied, with substantial room to grow! This property not only offers a stable income but also the allure of being situated within close proximity to key Pennsylvania locales, making it a highly appealing prospect for seasoned investors looking to expand their portfolio. Offering both growth potential and excellent accessibility, this opportunity should not be overlooked.
  • Special Features: 4224
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Foundation Details: Permanent
  • Basement: Yes
  • Basement Type: Interior Access, Outside Entrance
  • Total Sq Ft: 5918
  • Living Area Sq Ft: 5918
  • Price Per Sq Ft: 101.37
  • Above Grade Finished Sq Ft: 5918
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 613

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Professional Management Expense: 4369.05

Schools

  • School District: LEBANON
  • Elementary School: NORTHWEST
  • Middle School: LEBANON
  • High School: LEBANON
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 300200397291
  • School District Source: 3rd Party
  • Elementary School: NORTHWEST
  • High School: LEBANON
  • Middle Or Junior School: LEBANON

Lot Info

  • Land Use Code: 201
  • Lot Size Acres: 0.14
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6098.00
  • Year Assessed: 2025
  • Zoning: COMMERCIAL, 201 APT

Rental Info

  • Total Actual Rent: 65700.00
  • Units Leased Count: 6
  • Vacation Rental: No

Tax Info

  • School Tax: 6095.00
  • Tax Annual Amount: 8449.00
  • Assessor Parcel Number: 07-2337042-372654-0000
  • Tax Total Finished Sq Ft: 5918
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

Multi Family

  • Gross Income: 65700.00

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

Property History

Date Event Price Change Sq Ft Price
07/29/2025 07/29/25 Price Changed $599,900 -2.5% $101 / Sq Ft
07/28/2025 07/28/25 Price Changed $615,000 -1.6% $104 / Sq Ft
07/01/2025 07/01/25 Price Changed $625,000 -3.1% $106 / Sq Ft
06/24/2025 06/24/25 Price Changed $644,900 -0.8% $109 / Sq Ft
06/18/2025 06/18/25 Price Changed $649,900 0.0% $110 / Sq Ft
06/06/2025 06/06/25 For Sale $650,000 -- $110 / Sq Ft
Source: Bright MLS

Source: Bright MLS

MLS Number: PALN2020976

Bright MLS