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$199,900 Just Listed
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Property Description
Investor opportunity in the heart of Lebanon City! 117 Cumberland Street is a fully occupied 2-unit property offering immediate cash flow with additional upside potential. This solid brick property features a spacious 2-bedroom first floor unit, a 1-bedroom second floor unit, plus 2 garage bays currently generating additional rental income. Current rents are below market value, presenting an opportunity for future income growth. One of the standout features of this property is the massive unfinished third floor, offering the potential to create additional bedrooms, living space, or expanded unit functionality to further maximize rental income. Property highlights include 2 new water heaters, separate garage income, strong rental history, and a prime location along a major roadway with convenient access to shopping, dining, and everyday amenities. Whether you are looking to expand your portfolio or add a value-add investment with future upside, this property is worth a look. An additional opportunity awaits next door as 119 Cumberland Street is also available for purchase. Add two fully occupied and operational investment properties to your portfolio!
Full Property Details
Full Property Details for 117 Cumberland St
General
- Price: $199,900
- Taxes: $2,461 (2025)
- Status: Active
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PALN2026176
- Updated: 5/12/2026
- Added to Site: 2 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Upper Floor Baths: 1
- Upper - Full Baths: 1
- Main Floor Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Upper: 1
- Bedrooms Main & Up: 2
Parking
- Parking Type: On Street
Location
- Area: Lebanon City (13201)
- Municipality: LEBANON CITY
- County: LEBANON
- Driving Directions: Follow GPS
School Information
- School District: Lebanon
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Traditional
- Structure Type: Interior Row/Townhouse
- Construction: Brick, Stone
- Basement: Yes
- Basement Entrance: Yes
- Basement Desc.: Full, Outside Entrance, Unfinished
- Foundation: Stone
- Stories Description: Main, Upper 1
- Square Feet: 2,424
- Sq. Ft. Source: Assessor
- Living Area: 2,424 Sq. Ft.
- Finished Above Grnd: 2,424 Sq. Ft.
- Year Built: 1940
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.08
- Lot Size (Sq. Ft.): 3,485
- Lot Size Source: Assessor
- Zoning: NEIGHBORHOOD COMMERCIAL
Financial Considerations
- Price Per Sq. Ft.: $82.47
- Assessment Year: 2026
- School Tax: $1,778
- City/TownTax: $340
- City/TownTax Freq: Annually
- County Tax: $341
- County Tax Freq: Annually
- Tax w/Assessment: $74,400
- Tax Amount: $2,461
- Tax Year: 2025
- Tax Total Finished Sq. Ft.: 2424
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: All tenant personal property, washer in 2nd floor apartment
- Inclusions: Fridges & stoves in both units
Listed by EXP Realty, LLC, SARAH LINGLE
Get Pre-Approved Today
Schools
Schools serving 117 Cumberland St
School District:Lebanon School District
| Name | Grades | Distance |
|---|---|---|
Southeast El School 499 East Pershing Avenue, Lebanon, PA 17042 | K-5 | 0.6 mi |
Lebanon Middle School 350 North 8th Street, Lebanon, PA 17046 | 6-8 | 0.6 mi |
Lebanon Senior High School 1000 South 8th Street, Lebanon, PA 17042 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 117 Cumberland St
Date
Details
Price
Change
Source
5/12/2026
Listed
$199,900
93.7%
MLS
4/27/2017
Sold
$103,200
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 117 Cumberland St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$2,461
3%
$74,400
—
2025
$2,397
5%
$74,400
—
2024
$2,284
38%
$74,400
—
2022
$1,653
2%
$74,400
—
2021
$1,616
-26%
$74,400
—
2020
$2,170
1%
$74,400
—
2019
$2,139
3%
$74,400
—
2018
$2,077
3%
$74,400
—
2016
$2,022
6%
$74,400
—
2015
$1,915
7%
$74,400
—
2014
$1,795
—
$74,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 117 Cumberland St
117 Cumberland Street, Lebanon, PA 17042 (MLS# PALN2026176) is a Townhouse property with 3 bedrooms and 2 full bathrooms. 117 Cumberland Street is currently listed for $199,900 and was received on May 12, 2026. Want to learn more about 117 Cumberland Street? Do you have questions about finding other Townhouse real estate for sale in Lebanon? You can browse all Lebanon real estate or contact a Coldwell Banker agent to request more information.

