Attention Investors! Don't miss this turnkey investment opportunity with immediate rental income. This Lebanon City property is tenant-occupied by a long-term resident currently on a month-to-month lease at $1,450 per month, with the tenant paying all utilities, including water and sewer. Even better, all kitchen appliances are owned and supplied by the tenant, reducing the owner's maintenance and replacement costs. Current ownership expenses are limited to annual real estate taxes, mortgage, and approximately $823 per year for homeowner's insurance. The tenant has expressed a strong desire to remain in the home, providing an excellent opportunity for continued cash flow. Should the new owner choose to occupy the property or pursue another use, the tenant will require a 60-day notice to vacate. Whether you're adding to an established portfolio or purchasing your first investment property, this income-producing home offers immediate returns and a reliable tenant in place. Schedule your showing today and explore the potential this property has to offer.
TownhomeProperty Type
1930Year Built
1,307 sq ftLot Size
$101Price/Sq.Ft.
Listed by Jerry Gostomski• RE/MAX Pinnacle
•717-270-8808 (broker)
•sales@rmxpinnacle.com (broker)
Bought with Thomas Bechtold• NextHome Capital Realty
Est. $1,276 per month, based on comparable rentals
Sale and tax history for 757 Locust St
Sale History
Tax History
Date
Event
Price
BRIGHT MLS #PALN2027660
Oct 30, 2026
Sold
$140,000
$101/sq ft
Oct 14, 2026
Pending
—
Oct 8, 2026
Price Changed
$149,900
$108/sq ft
Jul 27, 2026
Listed
$155,000
$111/sq ft
BRIGHT MLS #PALN2016176
Oct 16, 2024
Sold
$140,000
$101/sq ft
Aug 19, 2024
Pending
—
Aug 7, 2024
Listed
$125,000
$90/sq ft
Affordably Priced!!!!! first flr laundry with washer/dryer, eat-in kitchen w/ appliances, dining room, living room. 3 hall entered bedrooms, 1 bath. Basement for storage. Enclosed back porch/laundry area - the roof has been replaced 7/2024. Home features fenced in backyard for privacy, relaxing, pets, children play area. Possible rental parking spot to rear of home, buyer's agent to verify. Property being sold "as is" w/ no warranties, guarantees expressed or implied. 60 day settlement suggested AGENTS - please read "Remarks - Agent Private" before submitting an offer, or call listing agent * * OFFER has been received - offer deadline Sunday August 18 at 6:30 p. m. - seller will be reviewing offers Monday at noon ( listing agent will respond to agents who presented offers of sellers decision by 3 p. m. that day)
BRIGHT MLS #1002799699
Sep 30, 2016
Listing Removed
—
Sep 14, 2015
Listed
$79,400
$57/sq ft
BRIGHT MLS #1004908951
Dec 29, 2006
Sold
$85,000
$61/sq ft
Nov 30, 2006
Listing Removed
—
Oct 18, 2006
Listed
$85,000
$61/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$1,697 (+2.7%)
$6,900 + $44,400
$51,300
2025
$1,653 (+1.4%)
$6,900 + $44,400
$51,300
2024
$1,629 (+3.5%)
$6,900 + $44,400
$51,300
2023
$1,575 (+1.7%)
$6,900 + $44,400
$51,300
2022
$1,549 (+3.5%)
$6,900 + $44,400
$51,300
2021
$1,496
$6,900 + $44,400
$51,300
2020
$1,496 (+1.5%)
$6,900 + $44,400
$51,300
2019
$1,475 (+3.0%)
$6,900 + $44,400
$51,300
2018
$1,432 (+7.6%)
$6,900 + $44,400
$51,300
2016
$1,331 (+5.6%)
$6,900 + $44,400
$51,300
2015
$1,261
$6,900 + $42,100
$49,000
Public record
Public record
Zoning
Beds
3
Baths
1
Stories
2
Lot width
—
Lot depth
—
Lot size
1,307 Sq. Ft.
Year renovated
—
Sq. Ft.
1,392
Year built
1930
Style
Single Family Residential
County
Lebanon County
APN
01-2338320-367714-0000
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, Other
Interior
Bedroom Information
# of Bedrooms On Main Level: 3
Bathroom Information
# of Bathrooms (Full) On Main Level: 1
# of Bathrooms (Full): 1
Interior Information
Living Area Sq.Ft. Source: Assessor
Basement Information
Basement: Yes
Full
Basement Footprint Percent: 100.00
Basement Finished Percent: 0.00
Exterior
Property Information
Not Federal Flood Zone
Total Below Grade Sq. Ft.: 648
Improvement Assessed Value: $44,400
Ownership Interest: Fee Simple
Property Condition: Good
Year Built Source: Assessor
Building Information
Construction Materials: Vinyl Siding, Stick Built
Foundation Details: Stone
Other Structures: Above Grade, Below Grade
Pets Allowed: Yes
Pet Restrictions: Case by Case Basis
Roof: Shingle
Structure Type: Interior Townhouse/Rowhouse
Lot Information
Tidal Water: No
Land Information
Land Assessed Value: $6,900
Above Grade Information
Finished Sq.Ft.: 1,392
Finished Sq.Ft. Source: Assessor
Below Grade Information
Unfinished Sq.Ft.: 648
Unfinished Sq.Ft. Source: Estimated
Finished Sq.Ft. Source: Assessor
Financial
Tax Information
City/Town Tax: $235
County Tax: $235
School Tax: $1,268
Tax Assessed Value: $51,300
Tax Year: 2026
Tax Annual Amount: $1,739
Assessments Information
Year Assessed: 2026
Utilities
Utilities Information
200+ Amp Service
90% Forced Air
Heating Fuel: Oil
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public
Location
School Information
Middle Or Junior School: LEBANON
High School: LEBANON
School District Name: LEBANON
Middle School Source: Listing Agent
High School Source: Listing Agent
School District Source: Listing Agent
Location Information
Directions: Walnut to S Liberty St, Right on Locust. Home will be on right.
Municipality: LEBANON CITY
Transportation: Bus Stop less than 1 mile
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,392
Stories: 2.0
Lot Size: 1,307 square feet
Style: Single Family Residential
Year Built: 1930
Year Renovated: —
County: Lebanon County
APN: 01-2338320-367714-0000
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 • 0.6mi
4/10
Lebanon Senior High School
Public 9-12 • Assigned • 0.6mi
1/10
Provided by GreatSchools
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
86/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.3 hrs
6.6 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$151,000 – $183,000
Sell confidently with a local market expert in Lebanon.