This duplex located at 702-704 Locust St in Lebanon, PA, presents an exceptional opportunity for investors or those seeking to live in one unit while renting out the other for additional income. Each of the two-bedroom units features an identical floor plan, offering a spacious living room, a dedicated dining room, a kitchen, versatile flex space, and a full bathroom. The property has been updated with new flooring and fresh paint throughout both units, giving the space a modern, inviting feel. Additionally, new appliances have been installed in the kitchens, and upgraded light fixtures, switches, and electrical outlets further enhance the overall appeal. The property boasts a large backyard, offering plenty of space for outdoor activities and the potential for off-street parking, adding significant value. Each unit's projected rent is $1,300 per month, with tenants responsible for paying for their own electric, water, sewer, and trash. The landlord pays gas heating for both units. Situated on the south side of the city, this duplex is conveniently located close to Route 72, providing easy access to local amenities and transportation routes. The nearby Lebanon Rail Trail and other attractions add to the appeal of this location, making it a desirable spot for tenants or homeowners alike. Whether you're an investor looking for a turnkey rental property or a homeowner interested in generating extra income, this duplex is a must-see in Lebanon.
Multi-familyProperty Type
1910Year Built
3,920 sq ftLot Size
$131Est. Price/Sq.Ft.
Listed by Austin Moran• GM Property Solutions, LLC
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
1
Stories
2
Lot width
—
Lot depth
—
Lot size
3,920 Sq. Ft.
Year renovated
—
Sq. Ft.
992
Year built
1910
Style
Single Family Residential
County
Lebanon County
APN
01-2338593-367638-0000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 19, 2026.
OI
Office Institutional District
To provide for a mix of housing types and selected types of less intensive types of commercial uses in areas that include many existing homes. The intent is to avoid uses that are most likely to generate nuisances or hazards for nearby residents, such as twenty-four-hour operations.
Permitted uses
Include but are not limited to:
Bank
Laundromat
General retail
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Bed & breakfast
Office
Medical office
Property details
Parking
Parking Information
On Street
Interior
Interior Information
Living Area Sq.Ft. Source: Estimated
Exterior
Property Information
Total Below Grade Sq. Ft.: 0
Improvement Assessed Value: $79,800
Ownership Interest: Fee Simple
Property Condition: Very Good
Year Built Source: Assessor
Building Information
# of Units (Total): 2
Construction Materials: Vinyl Siding
Foundation Details: Stone
Other Structures: Above Grade, Below Grade
Structure Type: Semi-Detached
Lot Information
Tidal Water: No
Land Information
Land Assessed Value: $9,900
Above Grade Information
Finished Sq.Ft.: 1,984
Finished Sq.Ft. Source: Estimated
Below Grade Information
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft. Source: Assessor
Financial
Tax Information
City/Town Tax: $410
County Tax: $394
School Tax: $2,084
Tax Assessed Value: $89,700
Tax Year: 2024
Tax Annual Amount: $2,889
Assessments Information
Year Assessed: 2024
Rental Information
Rent Control: No
Utilities
Utilities Information
Hot Water
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Sewer Septic: Public Sewer
Water Source: Public
Location
Multi Unit Information
# of Two Bedroom Units: 2
# of Units Leased: 2
School Information
School District Name: LEBANON
School District Source: Listing Agent
Location Information
Directions: Follow GPS to Address
Municipality: LEBANON CITY
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 992
Stories: 2.0
Lot Size: 3,920 square feet
Style: Single Family Residential
Year Built: 1910
Year Renovated: —
County: Lebanon County
APN: 01-2338593-367638-0000
Home facts updated by county records on Oct 19, 2026
Around this home
Schools
Harding El School
Public PreK-5 • Assigned • 0.2mi
4/10
Lebanon Intermediate School
Public 6 • Assigned • 0.7mi
4/10
Lebanon Senior High School
Public 9-12 • Assigned • 0.6mi
1/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 99° expected this year, 15 days in 30 years
4/10 Wind Factor
11% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Lebanon, PA • 17042
Average low and high temperatures (°F)
33
20
38
24
57
36
65
45
71
53
82
63
86
68
80
60
78
58
64
46
54
37
38
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.3 hours in
June and 3.8 hours in December, placing it below the
U.S. average for solar exposure.
9.3 hrs
3.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$248,000 – $300,000
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