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$352,500

  • Sold
  • Closed
  • Triplex
  • 3,000 Sq. Ft.
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****Offer deadline Thursday 7/3 at 8 am*** Solid, turn-key 3-unit investment property fully occupied with tenants who are all current on rent and on month-to-month leases. Each unit features hardwood floors, a first-floor balcony, and a full walk-out basement that provides storage and laundry space. The units share the same functional layout, with a kitchen, dining area, and living room on the first floor, and two hall-entered bedrooms plus a full bathroom on the second. Each unit has its own updated electric and efficient gas furnace, helping to keep utility costs separate and manageable. Tenants are responsible for paying gas heat and electric. Landlord pays water, sewer and trash. All appliances are included and owned by the landlord except the refrigerator in apartment 1. The property also offers a private driveway with ample off-street parking in the rear. This is a well-maintained, income-generating opportunity that's ready for its next owner.

Full Property Details for 1131 Jay St

General

  • Sold For: $352,500
  • Taxes: $3,175 (2025)
  • Status: Closed
  • Type: Triplex
  • Source: BrightMLSPhilly
  • MLS ID: PALN2021434
  • Added to Site: 205 day(s) ago

Interior

  • Interior Features: Dining Area, Floor Plan - Traditional, Wood Floors

Exterior

  • Porch/Patio/Deck: Balconies- Multiple

Parking

  • Parking Type: Driveway, Off Street, Parking Lot

Location

  • Area: North Lebanon Twp (13227)
  • Municipality: NORTH LEBANON TWP
  • County: Lebanon
  • Driving Directions: Headed South on 72, make a left onto E Horst Dr. Turn right onto Grace Ave. Right onto Jay St. Property will be on the right.

School Information

  • School District: Cornwall-Lebanon

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Natural Gas Available, Electric Available, Sewer Available, Water Available

Structural Information

  • Architectural Info: Side-by-Side
  • Architectural Style: Side-by-Side
  • Structure Type: Detached
  • Construction: Vinyl Siding
  • Basement: Yes
  • Basement Entrance: Yes
  • Basement Desc.: Daylight, Full, Front Entrance, Interior Access, Outside Entrance, Walkout Level
  • Foundation: Permanent
  • Stories/Levels: 0
  • Square Feet: 3,000
  • Sq. Ft. Source: Assessor
  • Living Area: 3,000 Sq. Ft.
  • Finished Above Grnd: 3,000 Sq. Ft.
  • Year Built: 1925
  • Year Built Source: Assessor

Unit Information

  • 2 Bedroom Units: 3

Lot Features

  • Lot Size (Acres): 0.36
  • Lot Size (Sq. Ft.): 15,682
  • Lot Size Source: Assessor
  • Zoning: 103

Financial Considerations

  • Price Per Sq. Ft.: $116.67
  • Operating Expenses: $80
  • Assessment Year: 2025
  • School Tax: $2,395
  • City/TownTax: $207
  • City/TownTax Freq: Annually
  • County Tax: $572
  • County Tax Freq: Annually
  • Tax w/Assessment: $130,300
  • Tax Amount: $3,175
  • Tax Year: 2025
  • Terms: Standard Sale
  • Owner Pays: Water, Sewer, Trash Collection
  • Landlord Pays: Water, Sewer, Trash Collection
  • Tax Total Finished Sq. Ft.: 3000

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: All tenant belongings, refrigerator in apartment 1
  • Inclusions: All washers & dryers. Stove and refrigerator in apartments 2 & 3. Stove in apartment 1.

Listed by Iron Valley Real Estate, Jocelyn Shay and Iron Valley Real Estate, Kristan L Reed
Sold by Iron Valley Real Estate, Sharon E. Brubaker

Listing agents

— 1131 Jay St —

  • Jocelyn Shay

    Iron Valley Real Estate

  • Kristan L Reed

    Iron Valley Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1131 Jay St

School District:Cornwall-Lebanon School District
NameGradesDistance
Ebenezer El School
1600 Colonial Circle, Lebanon, PA 17046
K-50.5 mi
Cedar Crest Middle School
101 East Evergreen Road, Lebanon, PA 17042
6-84 mi
Cedar Crest High School
115 East Evergreen Road, Lebanon, PA 17042
9-124.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1131 Jay St

Date
Details
Price
Change
Source
7/21/2025
Sold
$352,500
0.71%
MLS
6/26/2025
Listed
$350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Iron Valley Real Estate, Jocelyn Shay and Iron Valley Real Estate, Kristan L Reed
Sold by Iron Valley Real Estate, Sharon E. Brubaker

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1131 Jay Street, Lebanon, PA 17046 (MLS# PALN2021434) is a Triplex property that was sold at $352,500 on July 21, 2025. Want to learn more about 1131 Jay Street? Do you have questions about finding other Triplex real estate for sale in Lebanon? You can browse all Lebanon real estate or contact a Coldwell Banker agent to request more information.