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$195,000 Coming Soon
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Property Description
Looking for your first rental or a solid addition to your portfolio? 216 Lehman St is a fully occupied two-unit property with tenants already in place, so you collect rent from day one. The upper unit is a 2-bedroom rented at $950/month, and the lower unit is a 1-bedroom rented at $850/month, for $1,800/month and $21,600 a year in gross scheduled income. Each unit has its own gas meter, its own gas furnace, and its own gas water heater. Tenants pay their own heat and hot water, and you won't have one system carrying two units or a shared gas bill to split. If something needs repair or replacement, it affects one unit instead of the whole building. The landlord covers water, sewer, and trash. Utility costs are predictable, and the bundled utilities make the units easier to rent and keep filled. Current rents sit at or below what similar units on Lehman Street are asking, which leaves room to raise rents as leases renew. With a 2-bed and a 1-bed under one roof, the property draws two different tenant pools, which helps limit vacancy risk. It's also a straightforward setup for a new investor learning the landlord side, or a house-hacker who wants to live in one unit while the other helps pay the mortgage. Located in the city of Lebanon, close to downtown, shopping, and major routes toward Hershey, Harrisburg, and Lancaster. This is a great addition to your portfolio, or a great way to start one!
Full Property Details
Full Property Details for 216 Lehman St
General
- Price: $195,000
- Taxes: $1,959 (2026)
- Status: Coming Soon
- Type: Single Family
- Source: BrightMLSPhilly
- MLS ID: PALN2029014
- Updated: 10/10/2026
- Added to Site: 2 day(s) ago
- Expected Market Date: 10/13/2026
Rental Information
- Lease Info: Month to Month, Yearly
Interior
- Appliances: Built-In Range, Refrigerator
Parking
- Parking Type: On Street
Location
- Area: Lebanon City (13201)
- Municipality: LEBANON CITY
- County: LEBANON
- Driving Directions: From Rt 72, turn right onto Lehman St, home on right.
School Information
- School District: Lebanon
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electric Available, Natural Gas Available, Sewer Available, Water Available
Structural Information
- Architectural Style: Traditional
- Structure Type: Twin/Semi-Detached
- Construction: Vinyl Siding
- Basement: Yes
- Basement Desc.: Full
- Foundation: Stone
- Walls/Ceilings: Plaster Walls
- Square Feet: 1,380
- Sq. Ft. Source: Assessor
- Living Area: 1,380 Sq. Ft.
- Finished Above Grnd: 1,380 Sq. Ft.
- Year Built: 1910
- Year Built Source: Assessor
- Property Condition: Good
Unit Information
- Other Units: Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,742
- Lot Size Source: Assessor
- Street/Road Desc.: Black Top, Paved
- Zoning: 102
Financial Considerations
- Price Per Sq. Ft.: $141.3
- Assessment Year: 2026
- School Tax: $1,429
- City/TownTax: $264
- City/TownTax Freq: Annually
- County Tax: $265
- County Tax Freq: Annually
- Tax w/Assessment: $57,800
- Tax Amount: $1,959
- Tax Year: 2026
- Owner Pays: Water, Trash Collection, Sewer
- Tax Total Finished Sq. Ft.: 1380
Disclosures and Reports
- Ownership: Fee Simple
Listed by Keller Williams Elite, Nathan Shelly
Get Pre-Approved Today
Schools
Schools serving 216 Lehman St
School District:Lebanon School District
| Name | Grades | Distance |
|---|---|---|
Houck El School 315 East Lehman Street, Lebanon, PA 17046 | K-5 | 0.5 mi |
Lebanon Middle School 350 North 8th Street, Lebanon, PA 17046 | 6-8 | 0.4 mi |
Lebanon Senior High School 1000 South 8th Street, Lebanon, PA 17042 | 9-12 | 1.4 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 216 Lehman St
Date
Details
Price
Change
Source
10/10/2026
Listed
$195,000
153.25%
MLS
12/30/2019
Sold
$77,000
—
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 216 Lehman St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$1,912
3%
$57,800
—
2025
$1,862
5%
$57,800
—
2024
$1,774
38%
$57,800
—
2022
$1,284
2%
$57,800
—
2021
$1,255
-26%
$57,800
—
2020
$1,686
2%
$57,800
—
2019
$1,661
3%
$57,800
—
2018
$1,613
3%
$57,800
—
2016
$1,571
6%
$57,800
—
2015
$1,488
7%
$57,800
—
2014
$1,394
—
$57,800
—
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 216 Lehman St
216 Lehman Street, Lebanon, PA 17046 (MLS# PALN2029014) is a Single Family property with 0 bedrooms and 0 full bathrooms. 216 Lehman Street is currently listed for $195,000 and was received on October 10, 2026. Want to learn more about 216 Lehman Street? Do you have questions about finding other Single Family real estate for sale in Lebanon? You can browse all Lebanon real estate or contact a Coldwell Banker agent to request more information.

