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$217,000
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Property Description
+++Multiple Offers Received.....Offer Deadline has been set for Tuesday, September 16 at 9:00am. Offer presentation will take place shortly thereafter. +++ CALLING ALL INVESTORS - 15 South 2nd St may be a great addition to your rental portfolio. Clean and well-maintained! Both units are now vacant and ready for you to fill. FEATURES INCLUDE : (2) gas furnaces, (2) hot water heaters, replacement windows, classic brick exterior, and most of the exterior wood is capped. Some exposed painted decorative wood adds architectural appeal. Tenants will enjoy the high ceilings, laminate flooring, and the old world charm. APARTMENT (1) located on the main level features a spacious living room, attractive kitchen with stainless appliances, 1 bedroom, spacious bath, high ceilings, access to a large side porch, and lovely fenced yard with with green space and patio. Projected future monthly rent for APT #1 ($1,050). APARTMENT (2 ) located on the 2nd floor features 2 bedrooms, kitchen, dining room, living room, bath, an attic, and access to private balcony. Projected future monthly rent for APT #2 ($900). Tenants would pay for gas heat and electric. No carpet except in 1 bedroom. Consider adding a coin-operated laundry in the basement, accessible by both tenants through an exterior door.+++ View floor plans in documents. Excellent investment opportunity. +++++Current owners estimated annual expenses as follows: Annual insurance ($1,461 - bundled with other policies), Owner electric ($0-paid by tenants), Owner gas ($0 - paid by tenants), Trash ($624), Water/Sewer ($790), Annual property taxes ($2,407 currently). Move in ready! See photo presentation. Schedule your tour today! (Listing Agent is related to the Sellers).
Full Property Details
Full Property Details for 15 S 2nd St
General
- Sold For: $217,000
- Taxes: $2,407 (2025)
- Status: Closed
- Type: Multi-Family
- Source: BrightMLSPhilly
- MLS ID: PALN2022662
- Added to Site: 128 day(s) ago
Interior
- Interior Features: Attic, Bathroom - Stall Shower, 2nd Kitchen, Bathroom - Tub Shower, Carpet, Ceiling Fan(s), Recessed Lighting
- Flooring: Laminated, Vinyl, Carpet
Additional Information
- Security/Safety: Smoke Detector
Exterior
- Exterior Features: Sidewalks
- Porch/Patio/Deck: Patio(s), Porch(es), Roof
Parking
- Parking Type: On Street
Location
- Area: Lebanon City (13201)
- Municipality: LEBANON CITY
- County: Lebanon
- Cross Streets: Chestnut Street
- Driving Directions: From Lebanon, Travel Route 72, East on Chestnut Street, North on South 2nd Street. (one way street - parking on both sides of the street).
School Information
- School District: Lebanon
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas Available, Electric Available, Cable TV, Water Available, Sewer Available
Structural Information
- Architectural Info: Traditional
- Architectural Style: Traditional
- Structure Type: End of Row/Townhouse
- Construction: Brick
- Basement: Yes
- Basement Entrance: Yes
- Basement Desc.: Outside Entrance
- Foundation: Stone
- Roof: Composite
- Walls/Ceilings: 9'+ Ceilings, Dry Wall
- Windows: Replacement
- Stories/Levels: 0
- Square Feet: 1,616
- Sq. Ft. Source: Assessor
- Living Area: 1,616 Sq. Ft.
- Finished Above Grnd: 1,616 Sq. Ft.
- Year Built: 1930
- Year Built Source: Assessor
- Property Condition: Good
Unit Information
- 1 Bedroom Units: 1
- 2 Bedroom Units: 1
Lot Features
- Lot Size (Acres): 0.07
- Lot Size (Sq. Ft.): 3,049
- Lot Size Source: Assessor
- Lot Dimensions: 23 x 132
- Frontage Feet: 23
- Zoning: CA
Financial Considerations
- Price Per Sq. Ft.: $133.04
- Assessment Year: 2025
- School Tax: $1,750
- City/TownTax: $335
- City/TownTax Freq: Annually
- County Tax: $321
- County Tax Freq: Annually
- Tax w/Assessment: $73,200
- Tax Amount: $2,407
- Tax Year: 2025
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 1616
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: APARTMENT1 =Stainless stove, refrigerator, window blinds. APARTMENT 2=stove, refrigerator, window blinds.
Listed by Howard Hanna Krall Real Estate, JOY N. BURT
Sold by Stoltzfus Realty, Mike Lapp
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Schools
Schools serving 15 S 2nd 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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 15 S 2nd St
Date
Details
Price
Change
Source
10/07/2025
Sold
$217,000
0.93%
MLS
9/12/2025
Listed
$215,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
15 S 2nd Street, Lebanon, PA 17042 (MLS# PALN2022662) is a Multi-Family property that was sold at $217,000 on October 07, 2025. Want to learn more about 15 S 2nd Street? Do you have questions about finding other Multi-Family real estate for sale in Lebanon? You can browse all Lebanon real estate or contact a Coldwell Banker agent to request more information.

